brown and brown stock guide

A comprehensive, beginner-friendly investor guide to Brown & Brown, Inc. (BRO): company profile, business model, stock details, Q4 CY2025 financial highlights (reported Jan 2026), risks, governance...

2024-07-12 05:21:00

By Lily Wong

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4.7

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Brown & Brown, Inc. (BRO)

Brown and brown stock is publicly traded under the ticker BRO and represents Brown & Brown, Inc., a U.S.-based insurance brokerage and risk services company. This guide explains what brown and brown stock is, how the company operates, key investor metrics, recent Q4 CY2025 results (reported early 2026), trading characteristics and practical investor resources. Readers will learn where to find authoritative filings and how to follow or trade BRO on regulated markets; Bitget is recommended as a platform option for trading and portfolio monitoring.

Company overview

Brown & Brown, Inc. (BRO) is an insurance brokerage and risk management firm founded in 1939. Headquartered in Daytona Beach, Florida, the company provides insurance products, program management and related services to commercial and personal clients.

Brown & brown stock represents ownership in a company whose core activities include retail brokerage, national programs, wholesale brokerage and various services. Brown & Brown operates across the United States and in multiple international markets, combining organic growth with an acquisition-led expansion model.

History and corporate development

Brown & Brown traces its roots to 1939 and has grown from a regional brokerage into a national firm through both organic expansion and numerous acquisitions. Over decades the company expanded its footprint by acquiring specialized brokerages and program managers, integrating them into four primary reporting segments.

Key milestones that influenced brown and brown stock performance include periods of accelerated M&A activity, large acquisitions that added scale or specialized lines, and periodic reorganization to centralize shared services. The company’s public listing and subsequent investor communications shaped brown and brown stock liquidity and institutional attention over time.

Business model and operations

Brown & Brown generates revenue primarily from brokerage commissions and fees, program management services, wholesale placement and other third-party services.

Retail: Produces revenue through standard insurance brokerage to small and middle-market clients, earning commissions and fees on policy placements.
National Programs: Creates specialized program products managed on behalf of program administrators or carriers; revenue includes management fees and profit sharing.
Wholesale Brokerage: Acts as an intermediary between retail brokers and insurance carriers for complex or hard-to-place risks.
Services: Includes consulting, loss control, analytics and ancillary risk-management solutions that drive fee revenue and client retention.

Earnings come from fee-based services and commissions; margins can benefit from scale, recurring fee streams from programs, and cross-selling across business units. Brown & Brown’s financial profile reflects this diversified revenue mix, with acquisitions contributing materially to growth trends.

Stock information

Ticker and exchange

The company trades under the ticker BRO on the New York Stock Exchange (NYSE). Brown and brown stock is quoted in U.S. dollars and follows U.S. market listing rules.

Trading characteristics

Regular trading hours for brown and brown stock align with NYSE hours (9:30 AM–4:00 PM ET, Monday–Friday, excluding holidays). Pre-market and after-hours trading occur on U.S. electronic venues and can show wider spreads and lower liquidity.
Liquidity for brown and brown stock is generally robust for a large-cap insurance broker, with institutional and retail interest. Float and shares outstanding are reported in the company’s latest SEC filings and investor-relations disclosures; these figures change over time because of share issuance or repurchase activity.
Options exist for BRO on U.S. options markets, providing additional instruments for hedging and income strategies; check current option chains before trading.

Market capitalization and classification

As of January 29, 2026, brown and brown stock had a reported market capitalization of approximately $27.03 billion (source: Q4 CY2025 reporting summaries and market-data outlets). This places BRO in the large-cap band.
Industry classification: Financials — Insurance Brokers. Brown & Brown is commonly grouped with other insurance intermediaries and professional services firms for sector-based analysis.

Historical price performance

Brown and brown stock has shown multi-year growth tied to consistent revenue expansion, M&A activity and operational scaling. Long-term price performance reflects the company’s earnings growth, acquisition integration outcomes and macro risk-insurance market dynamics.

Notable price moves for brown and brown stock have historically correlated with: large acquisitions (which may cause temporary share-price pressure while investors digest purchase costs), quarterly earnings beats or misses, and wider equity-market trends affecting financial stocks.

For recent context, brown and brown stock traded lower intra-session following the Q4 CY2025 earnings release; market reaction can be driven by revenue beats/misses, guidance changes, and changes to analyst price targets.

Long-term charts and historical price data are available from major financial data providers and market-data pages; always check timestamps when quoting prices or ratios.

Financials and key metrics

Note: All numeric claims below are time-stamped. For the most current figures consult the company’s most recent 10-K/10-Q and investor materials.

As of January 29, 2026, Brown & Brown reported Q4 CY2025 revenue of $1.61 billion and trailing 12-month revenue of roughly $5.90 billion (source: company Q4 highlights cited in market reports). These results reflected year-on-year revenue growth driven in part by acquisition contributions.
Adjusted EPS for Q4 CY2025 was reported at $0.93, which beat the consensus estimate of $0.90 in the same reporting cadence.
Adjusted EBITDA for the quarter was reported near $529 million, with a margin of roughly 32.9% for the period highlighted in the company’s results summary.
Brown & Brown’s multi-year revenue compound annual growth rate (CAGR) has been noted around 17.7% over five years in recent analyses; EPS CAGR over five years was reported near 20.5% (StockStory/Benzinga-style summaries as of Jan 29, 2026).

Common valuation and profitability metrics used to assess brown and brown stock include revenue growth rates, adjusted EPS, price-to-earnings (P/E), return on equity (ROE), operating margins and free-cash-flow generation. These metrics evolve with each filing; cite the filing date when using them.

Dividends and shareholder returns

Brown & Brown has historically returned capital through a mix of regular dividends and reinvestment in growth (notably acquisitions). Dividend behavior can be summarized as:

Policy: The company has paid regular cash dividends with periodic increases aligned to earnings and retained-capital priorities.
Frequency: Most payouts are quarterly; exact amounts and yield depend on the share price and declared dividend per share.
Share repurchases: Brown & Brown has used buybacks selectively as a tool to manage capital structure and offset dilution from acquisitions or equity-based compensation.

Investors should reference the company’s dividend announcements and proxy materials for the most recent dividend rate, ex-dividend date and payout ratio.

Major shareholders and ownership

Institutional ownership typically represents a significant portion of brown and brown stock, including mutual funds, pension funds and asset managers. Insider ownership (executive officers and board members) provides additional governance signals and can affect perceived alignment with shareholders.

Notable changes in large institutional stakes or major insider transactions are disclosed in SEC filings (Forms 13D/13G and Form 4) and are material to investors tracking governance and potential activist activity.

Acquisitions, growth strategy and M&A activity

Brown & Brown pursues an acquisition-led growth strategy, combining bolt-on purchases with organic expansion through cross-selling and program development. This strategy has driven much of the revenue acceleration in recent years and materially impacted brown and brown stock valuation.

Rationale: M&A expands product lines, geographic reach and specialty capabilities. Acquired businesses often continue to operate under local brands or as integrated units within Brown & Brown’s segments.
Integration risk: While acquisitions can be accretive, they introduce integration complexity and short-term costs; investors watch acquisition disclosures and post-acquisition performance closely.

Recent quarters have shown substantial revenue contributions from recently closed transactions; investors should review acquisition-related disclosures and pro forma metrics in the company’s SEC filings for detail.

Corporate governance and management

Brown & Brown’s governance framework includes a board of directors and an executive leadership team responsible for strategy, financial reporting and risk oversight.

Executive leadership: The CEO and CFO are primary contacts in investor communications. Management commentary in earnings releases and conference calls offers direction on strategy and capital allocation.
Governance practices: The company files annual proxy statements that disclose board composition, executive compensation and governance policies. These filings are essential for shareholders assessing board independence, committee structure and potential governance-related risks.

Any material governance events, executive transitions, or compensation controversies are disclosed in filings and press releases and can influence brown and brown stock sentiment.

Analyst coverage and ratings

Brown & Brown receives coverage from sell-side analysts across U.S. and global brokerages. Analyst inputs typically include consensus ratings (Buy/Hold/Sell), price targets and earnings revisions.

Example: As reported in market summaries around late January 2026, BofA adjusted its price target for Brown & Brown from $94 to $90 while maintaining a Neutral rating; other firms periodically revise estimates following quarterly results.
Price target changes and rating revisions often correlate with quarterly performance, acquisition announcements, or macro shifts in the insurance market.

Investors tracking brown and brown stock should consider the range of analyst estimates and monitor consensus revisions; remember that analyst views are opinions and do not constitute investment advice.

Risks and controversies

Investors in brown and brown stock face a set of principal risks common to insurance intermediaries and professional services companies. Key risk categories include:

Industry cyclicality: Insurance pricing cycles, catastrophe events and carrier capacity shifts can affect demand, commissions and program profitability.
Regulatory and compliance risk: Insurance and financial services activities are subject to state and federal regulations; regulatory changes or enforcement actions could affect operations.
Integration risk from acquisitions: M&A execution risk can create temporary profit pressure and distract management resources.
Interest-rate and macro sensitivity: Broader economic conditions influence commercial insurance demand, premium volumes and investment income.
Operational and technology risk: Cybersecurity incidents or failures in service delivery can harm client trust and create remediation costs.

Company-specific legal or regulatory matters, if material, are disclosed in SEC filings and press releases. Investors should consult the company’s 10-K, 10-Q and current reports (8-K) for up-to-date disclosures.

Regulatory and legal matters

Brown & Brown is a U.S.-listed public company required to file periodic reports with the Securities and Exchange Commission (SEC).

Material regulatory filings and legal proceedings are summarized in the company’s Form 10-K and subsequent 10-Q and 8-K filings.
As with other public companies, any legal actions, regulatory investigations or settlements that could materially affect financial condition or results are disclosed promptly in public filings.

Review the company’s most recent filings and investor-relations releases to assess the current legal/regulatory landscape for brown and brown stock.

ESG and sustainability

Brown & Brown publishes corporate responsibility and sustainability disclosures that describe environmental, social and governance (ESG) initiatives relevant to stakeholders.

Environmental: Policies and efforts to manage office energy, reduce travel-related emissions, and encourage carrier partners’ sustainability programs may be described in sustainability reports.
Social: Workforce policies, diversity and inclusion programs, community engagement and client-focused risk-education services are typical social themes.
Governance: Board composition, executive pay practices, risk oversight and compliance frameworks are part of governance disclosures.

ESG factors can influence institutional investor interest in brown and brown stock; however, specific ESG ratings and how they affect valuation vary by provider and investor mandate.

Investor relations and reporting

Brown & Brown maintains an investor relations function that distributes earnings releases, annual reports, SEC filings and investor presentations. Typical IR resources and reporting cadence include:

Quarterly earnings releases and conference calls discussing results, outlook and strategic priorities.
Annual reports (Form 10-K) and quarterly reports (Form 10-Q) filed with the SEC.
Proxy statements and investor presentations that cover governance and capital-allocation policy.

As of January 29, 2026, Brown & Brown’s Q4 CY2025 results and management commentary were broadly summarized by market-data providers and in the company’s press materials; investors should always confirm figures using the original SEC filings and the company’s investor-relations materials for accuracy and timestamps.

Related securities and instruments

Brown & Brown common stock (BRO) is the primary equity security. Related instruments and market exposures include:

Options: Exchange-listed options on BRO provide instruments for risk management and income strategies; option availability and liquidity vary by series and expiry.
ETFs and mutual funds: BRO may be held by financial-sector and large-cap ETFs or mutual funds. Check fund holdings to confirm exposure.
Index inclusion: BRO’s large-cap status makes it a candidate for inclusion in sector and large-cap indexes; confirm current index memberships through provider disclosures.

There are no widely used ADRs for Brown & Brown as it is U.S.-listed. For derivative or leveraged exposures, review product prospectuses and risks carefully.

References

Company SEC filings (Form 10-K, Form 10-Q, Form 8-K) and investor-relations releases — consult the company's filings for authoritative figures and dates. (As of Jan 29, 2026.)
Market-data and reporting summaries from major financial outlets (e.g., Yahoo Finance, MarketWatch, Barchart) for quotes, historical data and trading metrics. (As of Jan 29, 2026.)
Q4 CY2025 earnings and market summaries reported in January 2026 by market news services and research outlets summarizing Brown & Brown’s quarter-end results and analyst reactions.

External links

Brown & Brown investor relations and SEC filings (search the company's IR page and EDGAR for authoritative documents).
Market-data pages for live quotes and historical charts (use major providers to view up-to-date prices and volumes).

Reporting note and recent quarter snapshot

As of January 29, 2026, according to company-reported Q4 CY2025 highlights and contemporaneous market summaries, Brown & Brown reported revenue of $1.61 billion for the quarter (a 36% year-on-year increase) and adjusted EPS of $0.93 (beating the $0.90 consensus). Trailing 12-month revenue was reported near $5.90 billion. Market capitalization was reported near $27.03 billion in coverage summaries on the reporting date.
Market reaction: In the immediate session following the Q4 CY2025 results, brown and brown stock traded down in intraday trading versus the prior close; reported post-earnings price points and analyst target revisions (for example, a noted BofA price-target adjustment around late January 2026) were part of the short-term price action commentary provided by market outlets.

(Reporting sources and summaries reflect press coverage and company disclosures as of Jan 29, 2026. Always consult the original SEC filings and company releases for primary-source verification.)

How to follow brown and brown stock and practical steps for investors

Primary documents: Review the company’s Form 10-K for annual metrics and the most recent Form 10-Q for quarterly updates. Material events are disclosed on Form 8-K.
Market data: Use live-quote pages and historical charting services to track brown and brown stock price, volume and technical indicators. Check timestamps to ensure data freshness.
Analyst coverage: Track consensus estimates and analyst notes for context, remembering that analyst views are opinions and not guarantees.
Corporate events: Earnings dates, investor days and major M&A announcements can materially move brown and brown stock; add these dates to your calendar.

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Important: This guide is informational and not investment advice. Decisions about brown and brown stock should be based on personal objectives and the most recent, verified disclosures.

Frequently asked questions (FAQ)

Q: What is brown and brown stock’s ticker and exchange? A: Brown & Brown trades under the ticker BRO on the New York Stock Exchange (NYSE).

Q: Where can I find up-to-date financial statements for Brown & Brown? A: The company’s SEC filings (10-K, 10-Q, 8-K) and investor-relations releases provide audited and current financial statements. Check filing dates for context.

Q: Does Brown & Brown pay dividends? A: Yes — Brown & Brown has historically paid regular dividends. For the current dividend rate and yield, consult the latest dividend announcement and market-data pages.

Q: How has brown and brown stock performed recently? A: Performance varies with quarterly results, acquisition news and market conditions. The Q4 CY2025 release (reported Jan 2026) showed strong year-on-year revenue growth but a mixed market reaction; always verify live price charts for the latest movements.

Q: Are there options available on BRO? A: Yes. Options chains for BRO exist on U.S. options venues; check current liquidity and series before trading.