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Brown & Brown (BRO) Tax Rate (2016 - 2025)

Brown & Brown (BRO) has disclosed Tax Rate for 17 consecutive years, with 16.46% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate fell 172.0% to 16.46% in Q4 2025 year-over-year; TTM through Dec 2025 was 22.17%, a 21.0% increase, with the full-year FY2025 number at 22.17%, up 15.0% from a year prior.
  • Tax Rate was 16.46% for Q4 2025 at Brown & Brown, down from 26.37% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.44% in Q3 2023 to a low of 3.26% in Q4 2021.
  • A 5-year average of 21.72% and a median of 24.52% in 2025 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: tumbled -2239bps in 2021, then skyrocketed 2187bps in 2022.
  • Brown & Brown's Tax Rate stood at 3.26% in 2021, then soared by 672bps to 25.13% in 2022, then decreased by -20bps to 20.0% in 2023, then fell by -9bps to 18.18% in 2024, then fell by -9bps to 16.46% in 2025.
  • Per Business Quant, the three most recent readings for BRO's Tax Rate are 16.46% (Q4 2025), 26.37% (Q3 2025), and 24.44% (Q2 2025).