Brown & Brown (BRO) Tax Rate (2009 - 2026)
Brown & Brown's Tax Rate came in at 24.54% for fiscal Q2 2026 (quarter ended Jun 30, 2026), down 0.22 percentage points from 24.76% a year earlier but up 4.66 percentage points from the prior quarter.
Brown & Brown (BRO) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Brown & Brown reported Tax Rate of 21.64%, down 1.82 percentage points year-over-year; for FY2025 (ended Dec 31, 2025), it was 22.17%, down 0.93 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.84 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was 23.10% in FY2024 (-0.90 pp), 24.00% in FY2023 (+0.71 pp), 23.29% in FY2022 (+0.25 pp) and 23.03% in FY2021 (+0.02 pp).
- The five-year range for quarterly Tax Rate is 16.51% (fiscal Q4 2025) to 27.77% (fiscal Q4 2021).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -1.11 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q3 2021 (a gain of 10.01 percentage points), and the weakest in fiscal Q4 2025 (a drop of 6.76 percentage points).
- Business Quant data shows BRO's Tax Rate at 19.89% (Q1 2026), 16.51% (Q4 2025) and 26.37% (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 19.62% |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 20.47% |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 21.34% |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 24.15% |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 20.20% |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 24.73% |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 21.96% |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 21.74% |
| 10 | Brown & Brown | 20.10 Bn | 15.94 Bn | - | 24.54% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.54% |
| Mar 31, 2026 | 19.89% |
| Dec 31, 2025 | 16.51% |
| Sep 30, 2025 | 26.37% |
| Jun 30, 2025 | 24.76% |
| Mar 31, 2025 | 21.78% |
| Dec 31, 2024 | 23.27% |
| Sep 30, 2024 | 24.61% |
| Jun 30, 2024 | 25.14% |
| Mar 31, 2024 | 19.51% |
| Dec 31, 2023 | 24.23% |
| Sep 30, 2023 | 27.27% |
| Jun 30, 2023 | 25.20% |
| Mar 31, 2023 | 19.73% |
| Dec 31, 2022 | 25.13% |
| Sep 30, 2022 | 26.10% |
| Jun 30, 2022 | 26.96% |
| Mar 31, 2022 | 16.87% |
| Dec 31, 2021 | 27.77% |
| Sep 30, 2021 | 25.50% |
Brown & Brown Tax Rate 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=tax-rate&ticker=BRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();