Brown & Brown (BRO) Operating Margin (2009 - 2026)

Brown & Brown (BRO) has 18 years of Operating Margin data on file, last reported at 12.84% in Q1 2026.

• On a quarterly basis, Operating Margin fell 433.0% year-over-year to 12.84% in Q1 2026; TTM through Mar 2026 was 6.45%, a 627.0% decrease from a year earlier, with the FY2025 full-year figure at 6.98%, down 536.0% from the prior year.
• Operating Margin for Q1 2026 stood at 12.84%, up from 2.12% in the prior quarter.
• Over the last five years, Operating Margin for BRO reached as high as 19.01% in Q4 2023 and fell as low as 2.12% in Q4 2025.
• Historically, Operating Margin has averaged 9.94% across 5 years, with a median of 8.79% in 2023.
• Across the five-year window, Operating Margin surged 1370 bps in 2023 and slumped 1360 bps in 2024, its largest moves.
• Year by year, Operating Margin stood at 5.31% in 2022, then surged by 258 bps to 19.01% in 2023, then slumped by 72 bps to 5.41% in 2024, then plunged by 61 bps to 2.12% in 2025, then jumped by 507 bps to 12.84% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 12.84% in Q1 2026, 2.12% in Q4 2025, and 2.18% in Q3 2025.