Brown & Brown (BRO) Tax Rate (2009 - 2026)

Brown & Brown (BRO) has 18 years of Tax Rate data on file, last reported at 19.89% in Q1 2026.

• Tax Rate for Q1 2026 came in at 19.89%, down 189.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.73% (down 286.0% YoY), and the FY2025 annual result was 21.3%, down 180.0% from the prior year.
• Tax Rate rose to 19.89% in Q1 2026 per BRO's latest filing, from 12.77% in the prior quarter.
• Over five years, Tax Rate peaked at 27.27% in Q3 2023 and troughed at 12.77% in Q4 2025.
• A 5-year average of 22.67% and a median of 24.61% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 327 bps in 2024, then slumped 1050 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 25.13% in 2022, then retreated by 20 bps to 20.0% in 2023, then increased by 16 bps to 23.27% in 2024, then plunged by 45 bps to 12.77% in 2025, then soared by 56 bps to 19.89% in 2026.
• Business Quant data shows BRO's Tax Rate at 19.89% in Q1 2026, 12.77% in Q4 2025, and 26.37% in Q3 2025.