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

Brown & Brown's (BRO) quarterly Tax Rate came in at 19.89% in Q1 2026, down 189.0% year-on-year from 22.35% in Q1 2025, and up 125.95% on a QoQ basis from 76.64% in Q4 2025.

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

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

  • On a quarterly basis, Tax Rate fell 189.0% year-over-year to 19.89% in Q1 2026; TTM through Mar 2026 was 1.29%, a 2128.0% decrease from a year earlier, with the FY2025 full-year figure at 0.36%, down 2166.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 19.89%, up from 76.64% in the prior quarter.
  • Over the last five years, Tax Rate for BRO reached as high as 27.27% in Q3 2023 and fell as low as 76.64% in Q4 2025.
  • Historically, Tax Rate has averaged 16.05% across 5 years, with a median of 24.23% in 2023.
  • Across the five-year window, Tax Rate surged 2124 bps in 2023 and slumped 9482 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 2.99% in 2022, then soared by 711 bps to 24.23% in 2023, then decreased by 25 bps to 18.18% in 2024, then sank by 521 bps to 76.64% in 2025, then surged by 126 bps to 19.89% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 19.89% in Q1 2026, 76.64% in Q4 2025, and 26.37% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 24.15%
2 Aon 75.99 Bn 74.60 Bn - 20.22%
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 21.09%
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 18.62%
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 19.89%
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 27.06%
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 305.00%
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 25.00%
9 Baldwin Insurance 2.43 Bn 2.87 Bn - 98.69%
10 Goosehead Insurance 1.31 Bn 1.20 Bn - 19.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.89%
Mar 31, 2026 19.89%
Mar 31, 2026 19.89%
Dec 31, 2025 -76.64%
Dec 31, 2025 -76.64%
Dec 31, 2025 -76.64%
Sep 30, 2025 26.37%
Sep 30, 2025 26.37%
Sep 30, 2025 26.37%
Jun 30, 2025 24.76%
Jun 30, 2025 24.76%
Jun 30, 2025 24.76%
Mar 31, 2025 21.78%
Mar 31, 2025 21.78%
Mar 31, 2025 21.78%
Dec 31, 2024 18.18%
Dec 31, 2024 18.18%
Dec 31, 2024 18.18%
Sep 30, 2024 24.61%
Sep 30, 2024 24.61%