Brown & Brown
Brown & Brown, Inc. (NYSE: BRO) is an insurance agency, wholesale brokerage, insurance programs and services organization that markets property, casualty and employee benefits products, primarily to businesses and other organizations, as well as professional and individual customers. It generally acts as an agent or… From the company’s description.
In fiscal 2025, Brown & Brown reported revenue of $5.90B, up 22.8% from fiscal 2024, and net income of $1.07B. Its operating margin was 27.8%, and operations generated $1.45B in cash. Over the twelve months to Sep 30, 2026, revenue was $6.91B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Brown & Brown does
In the company’s own words
Brown & Brown, Inc. (NYSE: BRO) is an insurance agency, wholesale brokerage, insurance programs and services organization that markets property, casualty and employee benefits products, primarily to businesses and other organizations, as well as professional and individual customers. It generally acts as an agent or broker rather than assuming underwriting risk, and also operates certain captive insurance businesses and a flood insurance carrier. Its Retail segment provides commercial, public-sector, professional and personal insurance services, employee benefits and automobile and recreational vehicle dealer services; the segment generated 58.7% of 2025 commissions and fees. Specialty Distribution brings together programs, wholesale brokerage and specialty businesses, including targeted insurance programs for niche markets and placement of specialized or hard-to-place risks, and contributed 41.3% of commissions and fees. The company operates under brands including Arrowhead Programs, Bridge Specialty Group and Arrowhead Specialty. Following its 2025 acquisition of Accession Risk Management Group, Brown & Brown reported two segments. It generated $5.763 billion in commissions and fees in 2025 and employed 22,888 people worldwide at year-end. Its website is www.bbrown.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Insurance
- Headquarters
- DAYTONA BEACH, FL
- Fiscal year end
- January
- CIK
- 79282
- SIC
- 6411
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Brown & Brown — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Brown & Brown · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Brown & Brown’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Brown & Brown’s bonds, as funds hold them
Funds report holding 11 issues of Brown & Brown’s debt, $2.19B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.85%, maturing 2026 to 2055.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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