Brown & Brown (BRO) Return on Invested Capital [ROIC] (2009 - 2026)
Brown & Brown (BRO) posted Return on Invested Capital [ROIC] of 7.56% for fiscal Q3 2026 (quarter ended Sep 30, 2026), up 1.49 percentage points from 6.07% a year earlier and up 0.09 percentage points from the prior quarter.
Brown & Brown (BRO) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Dec 31, 2025), Brown & Brown's Return on Invested Capital [ROIC] came in at 8.53%, down 3.19 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -1.25 percentage points (FY2020 to FY2025).
- In prior fiscal years, Brown & Brown's Return on Invested Capital [ROIC] was 11.72% in FY2024 (+0.39 pp), 11.33% in FY2023 (+0.77 pp), 10.57% in FY2022 (+0.01 pp) and 10.56% in FY2021 (+0.78 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in three of the last eight quarters, with an average year-over-year change of -2.18 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q3 2024, with a gain of 1.95 percentage points; the weakest was fiscal Q3 2025, with a drop of 5.89 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was 7.47% (Q2 2026), 7.04% (Q1 2026) and 6.43% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | -11.13% |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 11.97% |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 28.24% |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 13.08% |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 21.49% |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 6.01% |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 11.58% |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 9.71% |
| 10 | Brown & Brown | 23.50 Bn | 19.42 Bn | - | 7.56% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.56% |
| Jun 30, 2026 | 7.47% |
| Mar 31, 2026 | 7.04% |
| Dec 31, 2025 | 6.43% |
| Sep 30, 2025 | 6.07% |
| Jun 30, 2025 | 7.82% |
| Mar 31, 2025 | 11.37% |
| Dec 31, 2024 | 11.32% |
| Sep 30, 2024 | 11.96% |
| Jun 30, 2024 | 11.54% |
| Mar 31, 2024 | 11.28% |
| Dec 31, 2023 | 11.12% |
| Sep 30, 2023 | 10.01% |
| Jun 30, 2023 | 9.87% |
| Mar 31, 2023 | 9.43% |
| Dec 31, 2022 | 9.20% |
| Sep 30, 2022 | 8.44% |
| Jun 30, 2022 | 8.30% |
| Mar 31, 2022 | 9.36% |
| Dec 31, 2021 | 10.30% |
Brown & Brown Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=BRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();