Brown & Brown (BRO) Shares Outstanding (Diluted) (2009 - 2026)
Brown & Brown's Shares Outstanding (Diluted) came in at 334 million for fiscal Q2 2026 (quarter ended Jun 30, 2026), up 14.0% from 293 million a year earlier but down 0.9% from the prior quarter.
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Analysis
Brown & Brown (BRO) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025 (ended Dec 31, 2025), Brown & Brown's Shares Outstanding (Diluted) was 313 million, up 10.2% from FY2024.
- Shares Outstanding (Diluted) has increased in each of the last six fiscal years, with a five-year compound annual growth rate of 2.6% (FY2020 to FY2025).
- Going back by fiscal year, Shares Outstanding (Diluted) was 284 million in FY2024 (+1.1%), 280.8 million in FY2023 (+0.8%), 278.6 million in FY2022 (+0.4%) and 277.41 million in FY2021 (+0.6%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 277.41 million (fiscal Q4 2021) to 337 million (fiscal Q1 2026).
- Year-over-year, Shares Outstanding (Diluted) has increased for 24 consecutive quarters, with growth averaging 8.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 0.2% in fiscal Q3 2021 to 18.2% in fiscal Q1 2026.
- Business Quant data shows BRO's Shares Outstanding (Diluted) at 337 million (Q1 2026), 313 million (Q4 2025) and 332 million (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,178.60 Bn | -238.88 Bn | 55.86 Bn | - |
| 2 | Chubb | 140.37 Bn | 92.42 Bn | 9.13 Bn | 391.25 Mn |
| 3 | Progressive | 133.48 Bn | 109.32 Bn | 9.04 Bn | 584.20 Mn |
| 4 | Marsh & Mclennan Companies | 94.69 Bn | 87.08 Bn | - | 479.00 Mn |
| 5 | Travelers Companies | 84.57 Bn | 60.82 Bn | 6.23 Bn | 213.60 Mn |
| 6 | Manulife Financial | 77.66 Bn | -16.05 Bn | - | 1.71 Bn |
| 7 | Arthur J. Gallagher | 69.43 Bn | 63.86 Bn | - | 258.70 Mn |
| 8 | Metlife | 66.04 Bn | -40.44 Bn | 7.82 Bn | 646.90 Mn |
| 9 | Allstate | 65.83 Bn | 27.08 Bn | 8.73 Bn | 259.10 Mn |
| 10 | Brown & Brown | 24.59 Bn | 20.42 Bn | - | 334.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 334.00 Mn |
| Mar 31, 2026 | 337.00 Mn |
| Dec 31, 2025 | 313.00 Mn |
| Sep 30, 2025 | 332.00 Mn |
| Jun 30, 2025 | 293.00 Mn |
| Mar 31, 2025 | 285.00 Mn |
| Dec 31, 2024 | 284.00 Mn |
| Sep 30, 2024 | 284.00 Mn |
| Jun 30, 2024 | 283.00 Mn |
| Mar 31, 2024 | 283.00 Mn |
| Dec 31, 2023 | 280.80 Mn |
| Sep 30, 2023 | 281.30 Mn |
| Jun 30, 2023 | 280.40 Mn |
| Mar 31, 2023 | 279.40 Mn |
| Dec 31, 2022 | 278.60 Mn |
| Sep 30, 2022 | 278.70 Mn |
| Jun 30, 2022 | 278.20 Mn |
| Mar 31, 2022 | 278.60 Mn |
| Dec 31, 2021 | 277.41 Mn |
| Sep 30, 2021 | 277.55 Mn |
API Access
Brown & Brown Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=BRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=BRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();