Brown & Brown, Inc.
NYSE-BRO
Company Overview
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
Name
Brown & Brown, Inc.
CEO
Mr. J. Powell Brown C.P.C.U.
Website
www.bbinsurance.com
Sector
Insurance
Year Founded
1939
Profile
Market Cap
$29.42B
EV
$32.65B
Shares Out
285.26M
Revenue
$4,453.7M
Employees
16,152
Margins
Gross
48.32%
EBITDA
33.62%
Operating
28.9%
Pre-Tax
29.42%
Net
22.33%
FCF
20.47%
Returns (5Yr Avg)
ROA
5.93%
ROTA
20.73%
ROE
14.81%
ROCE
11.72%
ROIC
7.95%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$106.03
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$1,116M
Net Debt
$3,225M
Debt/Equity
0.72
EBIT/Interest
6.7
Growth (CAGR)
Rev 3Yr
15.95%
Rev 5Yr
14.84%
Rev 10Yr
11.84%
Dil EPS 3Yr
20.08%
Dil EPS 5Yr
20.43%
Dil EPS 10Yr
16.63%
Rev Fwd 2Yr
8.72%
EBITDA Fwd 2Yr
5.83%
EPS Fwd 2Yr
19.58%
EPS LT Growth Est
10.85%
Dividends
Yield
—
Payout
14.43%
DPS
$0.51
DPS Growth 3Yr
11.63%
DPS Growth 5Yr
9.55%
DPS Growth 10Yr
9.98%
DPS Growth Fwd 2Yr
12.39%