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

Brown & Brown (BRO) has reported Tax Rate for 18 consecutive years, with 24.54% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Rate fell 22.0% year-over-year to 24.54% in Q2 2026; TTM through Jun 2026 was 21.64%, a 182.0% decrease from a year earlier, with the FY2025 full-year figure at 22.17%, down 93.0% from the prior year.
• Tax Rate was 24.54% for Q2 2026 at Brown & Brown, up from 19.89% in the prior quarter.
• Over five years, Tax Rate peaked at 27.27% in Q3 2023 and troughed at 16.51% in Q4 2025.
• A 5-year average of 23.21% and a median of 24.57% in 2024 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate surged 286 bps in 2023 and plunged 676 bps in 2025, its largest moves.
• Over 5 years, Tax Rate stood at 25.13% in 2022, then dropped by 4 bps to 24.23% in 2023, then declined by 4 bps to 23.27% in 2024, then dropped by 29 bps to 16.51% in 2025, then jumped by 49 bps to 24.54% in 2026.
• The last three Tax Rate figures came in at 24.54% (Q2 2026), 19.89% (Q1 2026), and 16.51% (Q4 2025), per Business Quant data.