Brown & Brown (BRO) Operating Leases (2019 - 2026)

Brown & Brown (BRO) reported Operating Leases of $238.0 million for Q1 2026, up 27.96% year-over-year from $186.0 million in Q1 2025, and down 2.06% quarter-over-quarter from $243.0 million in Q4 2025.

Brown & Brown (BRO) Operating Leases (2019 - 2026) Analysis & Trends

Brown & Brown (BRO) has 8 years of Operating Leases data on file, last reported at $238.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $238.0 million, up 27.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $238.0 million (up 27.96% YoY), and the FY2025 annual result was $243.0 million, up 28.57% from the prior year.
  • Operating Leases declined to $238.0 million in Q1 2026 per BRO's latest filing, from $243.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $243.0 million in Q3 2025 and troughed at $178.0 million in Q1 2024.
  • A 5-year average of $195.2 million and a median of $186.0 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases dropped 8.63% in 2023, then jumped 34.25% in 2025.
  • A 5-year view of Operating Leases shows it stood at $195.9 million in 2022, then slipped by 8.63% to $179.0 million in 2023, then climbed by 5.59% to $189.0 million in 2024, then rose by 28.57% to $243.0 million in 2025, then declined by 2.06% to $238.0 million in 2026.
  • Business Quant data shows BRO's Operating Leases at $238.0 million in Q1 2026, $243.0 million in Q4 2025, and $243.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn
2 Aon 69.98 Bn 68.59 Bn -
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 238.00 Mn
Dec 31, 2025 243.00 Mn
Sep 30, 2025 243.00 Mn
Jun 30, 2025 186.00 Mn
Mar 31, 2025 186.00 Mn
Dec 31, 2024 189.00 Mn
Sep 30, 2024 181.00 Mn
Jun 30, 2024 180.00 Mn
Mar 31, 2024 178.00 Mn
Dec 31, 2023 179.00 Mn
Sep 30, 2023 178.90 Mn
Jun 30, 2023 186.00 Mn
Mar 31, 2023 191.00 Mn
Dec 31, 2022 195.90 Mn
Sep 30, 2022 191.40 Mn
Jun 30, 2022 185.90 Mn
Mar 31, 2022 185.70 Mn
Dec 31, 2021 180.00 Mn
Sep 30, 2021 171.57 Mn
Jun 30, 2021 164.08 Mn