BRO Brown & Brown, Inc. Common Stock
NYSE · Insurance · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 27, 2026
$59.91
· of 52w range
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$53.8152w low
$96.5552w high
Market Cap (MRQ)
$19.77B
P/E (TTM)
19.1
EPS (TTM)
$3.13
Revenue (TTM)
$6.79B
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52W Range
$54–$97
Analyst Rating
HOLD
Price Target
$76
P/E
19.1
ROE
10.0%
Net Profit Margin
17.8%
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BRO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$59.91
Market Cap (MRQ)
$19.77B
P/E (TTM)
19.1
EPS (TTM)
$3.13
Revenue (TTM)
$6.79B
Div Yield
0.96%
ROE (TTM)
10.0%
Debt/Equity (MRQ)
0.6
52W Range
$54–$97
BRO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| March 29, 2018 | 2-for-1 | Forward |
| Nov. 29, 2005 | 2-for-1 | Forward |
| Nov. 23, 2001 | 2-for-1 | Forward |
| Aug. 24, 2000 | 2-for-1 | Forward |
| March 2, 1998 | 3-for-2 | Forward |
| May 30, 1991 | 5-for-4 | Forward |
| May 12, 1986 | 3-for-2 | Forward |
| March 24, 1983 | 3-for-2 | Forward |
About Brown & Brown, Inc. Common Stock Company overview from Wikipedia
Brown & Brown, Inc. is an American insurance brokerage firm headquartered in Daytona Beach, Florida. It is one of the largest independent insurance intermediaries in the United States, providing risk management solutions, insurance products, and services to businesses, governmental institutions, professional organizations, trade associations, and individuals.
As of 2026, Brown & Brown ranked 5th among the largest insurance brokerages globally by revenue as ranked by Business Insurance.
History
Brown & Brown was founded in 1939 as a small insurance agency in Daytona Beach, Florida, by J. Adrian Brown, partnering with his cousin Charles "Cov" Owen. Originally named Brown & Owen, the firm quickly expanded its customer base in central Florida. J. Adrian's son, J. Hyatt Brown, joined the agency in 1959, bought the company and became CEO in 1961, and played a key role in its growth and modernization.
In 1980, Brown & Brown restructured to adopt a decentralized model, aiming to boost revenue and profit margins by giving more authority to local teams. This approach encouraged an entrepreneurial culture across the company.
In 1983, the firm changed its name to Brown & Brown, Inc. to reflect its focus on national expansion.
In 1993, the company merged with Poe & Associates. Also in 1993, the company went public, listing on the New York Stock Exchange under the ticker symbol BRO. The use of public stock for acquisitions enabled a deliberate expansion strategy focused on acquiring middle-market insurance brokers nationwide.
J. Hyatt Brown retired as CEO in 2009, but remains with the company as chairman. He was succeeded as CEO by his son J. Powell Brown. Subsequently, the company has pursued aggressive acquisition strategies and organic growth. It surpassed $1 billion in revenue in 2012. It joined the S&P 500 index in 2021.
In 2021, new headquarters were completed at Daytona Beach, Florida, featuring an 11-story building on 13 acres facing the Halifax River.
In 2021, Brown & Brown was added to the S&P 500 index following an announcement by S&P Dow Jones Indices, effective September 20, 2021.
In 2022, Brown & Brown was added to the S&P 500 Dividend Aristocrats Index, which includes S&P 500 companies that have increased their dividend payments for at least 25 consecutive years.
In 2023, Brown & Brown received the Platinum Bell Seal for Workplace Mental Health from Mental Health America for its workplace mental health initiatives.
Services
Brown & Brown operates through two major business segments:
Retail: Offers property and casualty insurance and employee benefits products to commercial, public, and individual customers.
Arrowhead Intermediaries: A purpose-built platform with three distinct divisions, each serving the evolving needs of insurance carriers, brokers, and customers worldwide:
Programs
Wholesale
Specialty divisions
The company serves customers in all 50 U.S. states and in select international markets.
Financial performance
For fiscal year 2025, Brown & Brown reported total revenues of US$5.9 billion, an increase of 22.8% compared with 2024.
During 2025, the company completed 43 acquisitions representing approximately US$1.8 billion of annualized revenues.
The company reported cash flows from operating activities of approximately US$1.8 billion and total cash flow of approximately US$1.5 billion for the year.
Acquisitions
Brown & Brown has grown significantly through strategic acquisitions. Notable acquisitions include:
Hays Companies (2018) – A major employee benefits and risk management firm based in Minneapolis.
CoverHound and CyberPolicy (2021) – Digital platforms offering small business and personal lines insurance.
Orchid Underwriters and CrossCover Insurance Services (2023) – Expanded the company's E&S (excess and surplus) capabilities.
Global Risk Partners (GRP) (2022) – A major U.K.-based insurance intermediary, marking a significant expansion into the European market.
O’Leary Insurances (2021) – A comprehensive insurance broking service based in Ireland. The acquisition marked Brown & Brown’s strategic entry into the EU market.
McNamara Company (2024) – Offers a range of insurance solutions for businesses, families, and individuals.
Accession Risk Management Group, including Risk Strategies (2025) – A private American insurance brokerage and risk management advisor. This acquisition expanded Brown & Brown’s presence in property and casualty, employee benefits, and middle-market broker services. The acquisition added more than 5,000 employees.
MacKay Corporate Insurance Brokers (2026) – A commercial and personal insurance broker based in Scotland. The acquisition marked Brown & Brown’s strategic entry into the Scotland market.
Recognition
Great Place to Work certified.
Ranked No. 5 of the World’s 10 Largest Insurance Brokers.
Publications
Global Impact Report – Published annually, covering the company’s ESG (Environmental, Social, and Governance) priorities, including teammates, communities, the environment, and governance.
Annual reports
News releases and press announcements – Including acquisitions, dividend announcements, earnings results, and strategic initiatives.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorFinancials
industryInsurance
employees22,888
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$5.90B2022-12-31 → 2025-12-31
EPS$3.162022-12-31 → 2025-12-31
Free Cash Flow$1.38B2022-12-31 → 2025-12-31
Net margin17.8%2022-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | BRO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 19.15Y avg ≈26.0 | ≈26.0 | 29.4 | Undervalued | |
| P/S (TTM) | 2.95Y avg ≈5.1 | ≈5.1 | 3.0 | Overvalued | |
| P/B (MRQ) | 1.65Y avg ≈3.4 | ≈3.4 | 2.5 | Undervalued | |
| Price / FCF (TTM) | 13.75Y avg ≈22.5 | ≈22.5 | · | · | |
| Price / Cash Flow (TTM) | 13.05Y avg ≈21.1 | ≈21.1 | 18.6 | Fair value | |
| EV / Revenue | 4.55Y avg ≈5.9 | ≈5.9 | · | · | |
| EV / FCF | 19.35Y avg ≈26.2 | ≈26.2 | · | · | |
| Price / Tangible Book (MRQ) | 2.5 | · | · | · | |
| PEG Ratio | ≈1.4 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | BRO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Pretax Margin (TTM) | 22.8%5Y avg ≈25.8% | ≈25.8% | 14.3% | Top tier | |
| Net Profit Margin (TTM) | 17.8%5Y avg ≈19.7% | ≈19.7% | 8.5% | Top tier | |
| ROA (TTM) | 4.3%5Y avg ≈5.5% | ≈5.5% | 4.3% | In line | |
| ROE (TTM) | 10.0%5Y avg ≈13.4% | ≈13.4% | 7.8% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | BRO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.65Y avg ≈0.6 | ≈0.6 | 0.6 | In line | |
| Current Ratio (MRQ) | 1.15Y avg ≈1.1 | ≈1.1 | 1.1 | In line | |
| Quick Ratio | 0.15Y avg ≈0.1 | ≈0.1 | 0.4 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.65Y avg ≈0.6 | ≈0.6 | 0.7 | In line |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | BRO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 22.8%5Y avg ≈18.3% | ≈18.3% | · | · | |
| Revenue CAGR 3Y | 18.2%5Y avg ≈17.4% | ≈17.4% | · | · | |
| Revenue CAGR 5Y | 17.7% | · | · | · | |
| EPS YoY | -8.7%5Y avg ≈11.2% | ≈11.2% | · | · | |
| Net Income YoY | 6.1%5Y avg ≈16.6% | ≈16.6% | · | · | |
| EPS CAGR 3Y | 10.1%5Y avg ≈16.8% | ≈16.8% | · | · | |
| EPS CAGR 5Y | 13.3% | · | · | · | |
| Net Income CAGR 3Y | 16.2%5Y avg ≈19.1% | ≈19.1% | · | · | |
| Net Income CAGR 5Y | 17.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | BRO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.25Y avg ≈0.3 | ≈0.3 | 0.4 | Weak | |
| Revenue / Employee | ≈$257.9K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield0.96%
Payout Ratio18.3%
Annualized Payout≈$0.66
5Y Div CAGR≈12.0%
Growth Streak≈32
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 12, 2026 | $0.17 | USD | ≈0.93% |
| May 11, 2026 | $0.17 | USD | ≈1.2% |
| Feb 4, 2026 | $0.17 | USD | ≈0.85% |
| Nov 5, 2025 | $0.17 | USD | ≈0.79% |
| Aug 13, 2025 | $0.15 | USD | ≈0.63% |
| May 12, 2025 | $0.15 | USD | ≈0.52% |
| Feb 5, 2025 | $0.15 | USD | ≈0.52% |
| Nov 6, 2024 | $0.15 | USD | ≈0.49% |
| Aug 7, 2024 | $0.13 | USD | ≈0.53% |
| May 3, 2024 | $0.13 | USD | ≈0.60% |
| Feb 1, 2024 | $0.13 | USD | ≈0.63% |
| Oct 31, 2023 | $0.13 | USD | ≈0.68% |
| Aug 8, 2023 | $0.12 | USD | ≈0.65% |
| May 5, 2023 | $0.12 | USD | ≈0.69% |
| Feb 2, 2023 | $0.12 | USD | ≈0.74% |
| Nov 1, 2022 | $0.12 | USD | ≈0.72% |
| Aug 9, 2022 | $0.10 | USD | ≈0.63% |
| May 6, 2022 | $0.10 | USD | ≈0.69% |
| Feb 3, 2022 | $0.10 | USD | ≈0.59% |
| Nov 2, 2021 | $0.10 | USD | ≈0.61% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
2.1%
Next Report
Oct 26, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 27, 2026 | $1.07 | $1.09 | -2.1% |
| March 31, 2026 | $1.39 | $1.38 | 0.85% | |
| Dec. 31, 2025 | $0.93 | $0.91 | 2.3% | |
| Sept. 30, 2025 | $1.05 | $0.95 | 10.8% | |
| June 30, 2025 | $1.03 | $1.00 | 3.0% | |
| March 31, 2025 | $1.29 | $1.32 | -2.1% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.90B | $4.80B | $4.26B | $3.57B | $3.05B | $2.61B | $2.39B | $2.01B | $1.88B | $1.77B | $1.66B | $1.58B | |
| Operating Expenses | · | · | $3.11B | $2.70B | $2.29B | $1.99B | $1.87B | $1.55B | $1.43B | $1.34B | $1.26B | $1.24B | |
| Interest Expense | · | · | $190M | $141M | $65M | $59M | $64M | $41M | $38M | $39M | $39M | $28M | |
| Pretax Income | $1.37B | $1.30B | $1.15B | $876M | $763M | $624M | $526M | $462M | $450M | $423M | $403M | $340M | |
| Income Tax | $304M | $301M | $275M | $204M | $176M | $144M | $127M | $118M | $50M | $166M | $159M | $133M | |
| Net Income | $1.05B | $993M | $871M | $672M | $587M | $480M | $399M | $344M | $400M | $257M | $243M | $207M | |
| EPS (Basic) | $3.37 | $3.48 | $3.07 | $2.38 | $2.08 | $1.70 | $1.42 | $1.24 | $1.43 | $0.92 | $1.72 | $1.43 | |
| EPS (Diluted) | $3.16 | $3.46 | $3.05 | $2.37 | $2.07 | $1.69 | $1.40 | $1.22 | $1.40 | $0.91 | $1.70 | $1.41 | |
| Shares (Basic) | 310,000,000 | 282,000,000 | 280,000,000 | 278,000,000 | 276,000,000 | 274,300,000 | 272,471 | 270,971,000 | 272,580,000 | 272,278,000 | 137,810,000 | 140,944,000 | |
| Shares (Diluted) | 313,000,000 | 284,000,000 | 281,000,000 | 279,000,000 | 277,400,000 | 275,800,000 | 274,616 | 275,521,000 | 277,586,000 | 275,608,000 | 140,112,000 | 142,891,000 |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.08B | $675M | $700M | $650M | $693M | $656M | $542M | $439M | $573M | $516M | $443M | $470M | |
| Short-term Investments | · | $10M | $11M | $12M | $13M | $18M | $12M | $13M | $25M | $15M | $14M | $11M | |
| Other Current Assets | $484M | $364M | $314M | $202M | $176M | $148M | $152M | $129M | $48M | $51M | $50M | $46M | |
| Current Assets | $8.61B | $6.92B | $5.13B | $5.00B | $3.33B | $2.96B | $2.49B | $2.17B | $2.24B | $1.74B | $1.54B | $1.57B | |
| PP&E (Net) | $367M | $319M | $270M | $240M | $212M | $201M | $149M | $100M | $77M | $76M | $82M | $85M | |
| PP&E (Gross) | $673M | $591M | $524M | $477M | $408M | $392M | $320M | $269M | $234M | $214M | $205M | $195M | |
| Accum. Depreciation | $306M | $272M | $254M | $237M | $196M | $191M | $171M | $168M | $157M | $139M | $123M | $111M | |
| Goodwill | $15.09B | $7.97B | $7.34B | $6.67B | $4.74B | $4.40B | $3.75B | $3.43B | $2.72B | $2.68B | $2.59B | $2.46B | |
| Intangibles | $4.91B | $1.81B | $1.62B | $1.60B | $1.08B | $1.05B | $917M | $899M | $641M | $707M | $745M | $785M | |
| Other Non-current Assets | $748M | $385M | $301M | $231M | $207M | $150M | $105M | $72M | $57M | $45M | $36M | $37M | |
| Total Assets | $29.99B | $17.61B | $14.88B | $13.97B | $9.80B | $8.97B | $7.62B | $6.69B | $5.75B | $5.26B | $4.98B | $4.96B | |
| Accounts Payable | $990M | $373M | $459M | $286M | $243M | $190M | $100M | $87M | $64M | $70M | $64M | $57M | |
| Accrued Liabilities | $875M | $653M | $608M | $542M | $456M | $372M | $338M | $279M | $229M | $202M | $192M | $181M | |
| Short-term Debt | · | · | · | · | · | · | · | $15M | · | $500.0K | $0 | $25M | |
| Current Liabilities | $8.29B | $6.31B | $4.96B | $4.60B | $2.67B | $2.35B | $2.05B | $1.78B | $1.99B | $1.45B | $1.33B | $1.27B | |
| Capital Leases | $243M | $189M | $179M | $196M | $180M | $173M | $168M | $0 | · | · | · | · | |
| Deferred Tax | $815M | $711M | $616M | $584M | $387M | $344M | $328M | $316M | $256M | $358M | $361M | $341M | |
| Other Non-current Liabilities | $1.17B | $362M | $326M | $299M | $384M | $315M | $231M | $132M | $65M | $81M | $94M | $79M | |
| Total Liabilities | · | · | · | · | · | · | · | $3.69B | · | · | · | · | |
| Long-term Debt | $7.61B | $3.82B | $3.80B | $3.94B | $2.02B | $2.10B | $1.56B | $1.51B | $976M | $1.07B | $1.14B | $1.20B | |
| Total Debt | $7.61B | $3.82B | $3.80B | $3.94B | $2.02B | $2.10B | $1.56B | $1.51B | $976M | $1.07B | · | $1.22B | |
| Common Stock | $36M | $31M | $30M | $30M | $30M | $30M | $30M | $29M | $29M | $15M | $15M | $15M | |
| Retained Earnings | $6.99B | $6.13B | $5.29B | $4.55B | $4.00B | $3.52B | $3.14B | $2.83B | $2.46B | $2.13B | $1.95B | $1.77B | |
| Treasury Stock | $848M | $748M | $748M | $748M | $674M | $591M | $536M | $478M | $386M | $258M | $239M | $75M | |
| AOCI | $210M | $-109M | $-19M | $-148M | $-9M | · | · | · | · | · | · | $0 | |
| Stockholders' Equity | $12.57B | $6.44B | $5.58B | $4.61B | $4.20B | $3.75B | $3.35B | $3.00B | $2.58B | $2.36B | $2.15B | $2.11B | |
| Liabilities + Equity | $29.99B | $17.61B | $14.88B | $13.97B | $9.80B | $8.97B | $7.62B | $6.69B | $5.75B | $5.26B | $5.00B | $4.96B | |
| Shares Outstanding | 336,000,000 | 286,000,000 | 285,000,000 | 283,000,000 | 282,000,000 | 283,004,000,000 | 281,655,000,000 | 279,583,000 | 286,895,000 | 285,461,000 | 282,077 | 145,871 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $93M | $101M | $89M | $66M | $61M | $60M | $47M | $34M | $31M | $16M | $16M | $19M | |
| Deferred Tax | $-7M | $13M | $12M | $43M | $34M | $16M | $12M | $15M | $-102M | $18M | $23M | $7M | |
| Operating Cash Flow | $1.45B | $1.17B | $1.01B | $881M | $809M | $713M | $678M | $568M | $442M | $411M | $382M | $385M | |
| CapEx | $68M | $82M | $69M | $52M | $45M | $71M | $73M | $42M | $24M | $18M | $18M | $25M | |
| Investing Cash Flow | $-7.91B | $-898M | $-587M | $-1.91B | $-397M | $-759M | $-414M | $-952M | $-63M | · | · | · | |
| Debt Issued | $4.19B | $599M | $0 | $2.00B | · | $700M | $350M | $300M | $0 | $0 | $0 | $1.05B | |
| Net Debt Issued | $3.97B | $-120M | $-251M | $1.94B | $-73M | $645M | $300M | $180M | $-97M | $-73M | · | $718M | |
| Stock Issued | $4.32B | $0 | $0 | · | · | · | · | · | · | · | · | · | |
| Stock Repurchased | $100M | $0 | $0 | $74M | $83M | $55M | $59M | $91M | $129M | $19M | $164M | $75M | |
| Net Stock Activity | $4.21B | · | $-100.0K | $-74M | $-83M | $-55M | $-59M | $-91M | $-129M | $-19M | · | $-75M | |
| Dividends Paid | $193M | $154M | $135M | $120M | $107M | $101M | $91M | $85M | $78M | $70M | $64M | $59M | |
| Financing Cash Flow | $7.71B | $-64M | $-187M | $1.73B | $-210M | $355M | $-79M | $338M | $-337M | · | · | · | |
| Net Change in Cash | $1.31B | $199M | $270M | $563M | $198M | $309M | $185M | $-46M | $43M | $108M | $-57M | $267M | |
| Taxes Paid | $371M | $302M | $218M | $122M | $147M | $132M | $110M | $110M | · | · | · | · | |
| Free Cash Flow | $1.38B | $1.09B | $941M | $829M | $897M | $651M | $605M | $526M | $418M | $357M | · | $360M | |
| Levered FCF | · | · | $796M | $721M | $847M | $606M | $557M | $496M | $384M | $333M | · | $343M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 17.9% | 20.7% | 20.4% | 18.8% | 19.2% | 18.4% | 16.7% | 17.1% | 21.2% | 14.6% | · | 13.1% | |
| Pretax Margin | 23.2% | 27.1% | 26.9% | 24.5% | 25.0% | 23.9% | 22.0% | 23.0% | 23.9% | 24.0% | · | 21.6% | |
| ROA | 4.4% | 6.1% | 6.0% | 4.9% | 6.0% | 5.4% | 5.2% | 5.5% | 6.1% | 4.8% | · | 4.2% | |
| ROE | 8.7% | 15.4% | 16.2% | 15.1% | 14.1% | 12.9% | 12.0% | 11.6% | 16.2% | 11.4% | · | 10.0% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.0 | 1.1 | 1.0 | 1.1 | 1.2 | 1.3 | 1.2 | 1.2 | 1.1 | 1.2 | · | 1.2 | |
| Quick Ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | · | 0.4 | |
| Debt / Equity | 0.6 | 0.6 | 0.7 | 0.9 | 0.5 | 0.6 | 0.5 | 0.5 | 0.4 | 0.5 | · | 0.6 | |
| LT Debt / Equity | 0.5 | 0.6 | 0.6 | 0.8 | 0.5 | 0.5 | 0.4 | 0.5 | 0.3 | 0.4 | · | 0.5 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | · | 0.3 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $37.42 | $22.51 | $19.60 | $16.27 | $14.86 | $13.27 | $11.89 | $10.73 | $18.70 | $16.85 | · | $14.73 | |
| Revenue / Share | $18.86 | $16.92 | $15.16 | $12.83 | $10999.44 | $9.47 | $8.71 | $7.31 | $13.56 | $12.82 | · | $11.03 | |
| Cash Flow / Share | $4.63 | $4.13 | $3.60 | $3.16 | $3397.34 | $2.62 | $2.47 | $2.06 | $3.18 | $2.72 | · | $2.69 | |
| Cash / Share | $3.21 | $2.36 | $2.46 | $2.30 | $3.14 | $2.89 | $1.93 | $1.57 | $4.15 | $3.68 | · | $3.28 | |
| Dividend / Share | · | · | $0.48 | $0.42 | $0.38 | $0.35 | $0.33 | $0.31 | $0.28 | $0.25 | $0.45 | $0.41 | |
| Dividend Paid / Share | $0.62 | $0.54 | $0.48 | $0.42 | $0.38 | $0.35 | $0.33 | $0.31 | $0.28 | $0.00 | $0.00 | $0.00 | |
| EPS (TTM) | $3.16 | $3.46 | $3.05 | $2.37 | $2.07 | $1.69 | $1.40 | $1.22 | $1.40 | $0.91 | $1.70 | $1.41 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 22.8% | 12.9% | 19.1% | 17.1% | 16.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 18.2% | 16.3% | 17.7% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 17.7% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -8.7% | 13.4% | 28.7% | 14.5% | 22.5% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 10.1% | 18.7% | 21.8% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 13.3% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 6.1% | 14.0% | 29.6% | 14.5% | 22.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 16.2% | 19.1% | 21.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 17.0% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 13.9% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $5.90B | $4.80B | $4.26B | $3.57B | $3.05B | $2.61B | $2.39B | $2.01B | $1.88B | $1.77B | $1.66B | $1.58B | |
| Net Income TTM | $1.05B | $993M | $871M | $672M | $587M | $480M | $399M | $344M | $400M | $257M | $243M | $207M | |
| Market Cap | $26.78B | $29.18B | $20.24B | $16.13B | $19.85B | $13.42B | $11.12B | $7.71B | $3.55B | $3.14B | · | $2.36B | |
| Enterprise Value | $33.31B | $32.32B | $23.32B | $19.41B | $20.98B | $14.68B | $12.12B | $8.76B | $3.93B | $3.69B | · | $3.10B | |
| P/E | 25.2 | 29.5 | 23.3 | 24.0 | 34.0 | 28.1 | 28.2 | 22.6 | 18.4 | 24.6 | 9.4 | 11.7 | |
| P/S | 4.5 | 6.1 | 4.8 | 4.5 | 6.5 | 5.1 | 4.6 | 3.8 | 1.9 | 1.8 | · | 1.5 | |
| P/B | 2.1 | 4.5 | 3.6 | 3.5 | 4.7 | 3.6 | 3.3 | 2.6 | 1.4 | 1.3 | · | 1.1 | |
| P / Cash Flow | 18.5 | 24.9 | 20.0 | 18.3 | 21.1 | 18.6 | 16.4 | 13.6 | 8.0 | 8.4 | · | 6.1 | |
| P / FCF | 19.4 | 26.7 | 21.5 | 19.5 | 22.1 | 20.6 | 18.4 | 14.6 | 8.5 | 8.8 | · | 6.6 | |
| EV / FCF | 24.1 | 29.6 | 24.8 | 23.4 | 23.4 | 22.5 | 20.0 | 16.7 | 9.4 | 10.3 | · | 8.6 | |
| EV / Revenue | 5.6 | 6.7 | 5.5 | 5.4 | 6.9 | 5.6 | 5.1 | 4.3 | 2.1 | 2.1 | · | 2.0 | |
| Dividend Yield | 0.72% | 0.53% | 0.67% | 0.74% | 0.54% | 0.75% | 0.82% | 1.1% | 2.2% | 2.2% | · | 2.5% | |
| Earnings Yield | 4.0% | 3.4% | 4.3% | 4.2% | 2.9% | 3.6% | 3.5% | 4.4% | 5.4% | 4.1% | 10.6% | 8.6% | |
| Payout Ratio | 18.3% | 15.5% | 15.5% | 17.8% | 18.3% | 20.9% | 22.9% | 24.6% | 19.4% | 27.3% | · | 28.7% | |
| Annual Payout | $193M | $154M | $135M | $120M | $107M | $101M | $91M | $85M | $78M | $70M | $64M | $59M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.68B | $1.90B | $1.61B | $1.61B | $1.28B | $1.40B | $1.18B | $1.19B | $1.18B | $1.26B | $1.03B | $1.07B | $1.05B | $1.12B | $901M | $928M | |
| Operating Expenses | · | · | · | · | · | · | · | $869M | $832M | $894M | · | $826M | $793M | $822M | · | $710M | |
| Interest Expense | · | · | · | · | · | · | · | · | $49M | $48M | · | $48M | $48M | $47M | · | $42M | |
| Pretax Income | $383M | $533M | $322M | $311M | $311M | $427M | $276M | $317M | $346M | $364M | $356M | $242M | $254M | $294M | $194M | $218M | |
| Income Tax | $94M | $106M | $52M | $82M | $77M | $93M | $65M | $78M | $87M | $71M | $87M | $66M | $64M | $58M | $49M | $57M | |
| Net Income | $288M | $426M | $265M | $227M | $231M | $331M | $209M | $234M | $257M | $293M | $269M | $176M | $190M | $236M | $145M | $161M | |
| EPS (Basic) | $0.86 | $1.27 | $0.74 | $0.68 | $0.79 | $1.16 | $0.73 | $0.82 | $0.90 | $1.03 | $0.95 | $0.62 | $0.67 | $0.83 | $0.52 | $0.57 | |
| EPS (Diluted) | $0.84 | $1.06 | $0.55 | $0.68 | $0.78 | $1.15 | $0.73 | $0.81 | $0.90 | $1.02 | $0.93 | $0.62 | $0.67 | $0.83 | $0.52 | $0.57 | |
| Shares (Basic) | 329,000,000 | 331,000,000 | · | 331,000,000 | 292,000,000 | 283,000,000 | · | 282,000,000 | 282,000,000 | 281,000,000 | · | 280,000,000 | 279,000,000 | 278,000,000 | · | 277,800,000 | |
| Shares (Diluted) | 334,000,000 | 337,000,000 | · | 332,000,000 | 293,000,000 | 285,000,000 | · | 284,000,000 | 283,000,000 | 283,000,000 | · | 281,000,000 | 280,000,000 | 279,000,000 | · | 278,700,000 |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $918M | $1.00B | $1.08B | $1.19B | $8.89B | $669M | $675M | $957M | $1.11B | $581M | $700M | $756M | $628M | $564M | $650M | $580M | |
| Short-term Investments | · | · | · | · | · | · | · | $11M | $9M | $10M | · | $13M | $10M | $9M | · | $11M | |
| Other Current Assets | $541M | $456M | $484M | $484M | $343M | $331M | $364M | $314M | $318M | $287M | · | $243M | $227M | $191M | · | $209M | |
| Current Assets | $8.69B | $8.46B | $8.61B | $8.14B | $14.44B | $5.92B | $6.92B | $7.48B | $6.09B | $5.00B | · | $4.85B | $4.89B | $4.36B | · | $4.85B | |
| PP&E (Net) | $368M | $370M | $367M | $366M | $334M | $327M | $319M | $309M | $290M | $272M | · | $250M | $245M | $242M | · | $239M | |
| PP&E (Gross) | · | · | $673M | · | · | · | $591M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $306M | · | · | · | $272M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $15.15B | $15.08B | $15.09B | $14.89B | $8.37B | $8.11B | $7.97B | $7.58B | $7.43B | $7.39B | $7.34B | $6.85B | $6.87B | $6.73B | $6.67B | $6.52B | |
| Intangibles | $4.57B | $4.78B | $4.91B | $4.95B | $1.87B | $1.82B | $1.81B | $1.58B | $1.56B | $1.59B | · | $1.53B | $1.56B | $1.58B | · | $1.59B | |
| Other Non-current Assets | $837M | $754M | $748M | $733M | $430M | $387M | $385M | $365M | $355M | $333M | · | $288M | $272M | $255M | · | $220M | |
| Total Assets | $29.89B | $29.70B | $29.99B | $29.35B | $25.64B | $16.76B | $17.61B | $17.52B | $15.94B | $14.81B | · | $13.98B | $14.07B | $13.40B | · | $13.66B | |
| Accounts Payable | $807M | $873M | $990M | $849M | $382M | $481M | $373M | $329M | $313M | $322M | · | $380M | $329M | $343M | · | $276M | |
| Accrued Liabilities | $683M | $695M | $875M | $840M | $530M | $463M | $653M | $597M | $500M | $421M | · | $508M | $449M | $376M | · | $436M | |
| Current Liabilities | $7.71B | $8.32B | $8.29B | $6.89B | $5.26B | $4.93B | $6.31B | $6.53B | $5.39B | $4.88B | · | $4.59B | $4.16B | $3.81B | · | $4.24B | |
| Capital Leases | $248M | $238M | $243M | $243M | $186M | $186M | $189M | $181M | $180M | $178M | · | $179M | $186M | $191M | · | $191M | |
| Deferred Tax | $925M | $899M | $815M | $857M | $721M | $701M | $711M | $638M | $614M | $614M | · | $568M | $572M | $564M | · | $572M | |
| Other Non-current Liabilities | $1.05B | $1.05B | $1.17B | $1.30B | $385M | $371M | $362M | $334M | $331M | $338M | · | $302M | $321M | $308M | · | $305M | |
| Long-term Debt | $7.76B | $7.82B | $7.61B | $7.73B | $7.54B | $3.81B | $3.82B | $3.59B | $4.12B | $3.88B | · | $3.71B | $3.82B | $3.93B | · | $4.11B | |
| Total Debt | $7.76B | $7.82B | · | $7.73B | $7.54B | $3.81B | · | $3.59B | $4.12B | $3.88B | · | $3.71B | $3.82B | $3.93B | · | $4.11B | |
| Common Stock | $36M | $36M | $36M | $36M | $35M | $31M | $31M | $31M | $30M | $30M | · | $30M | $30M | $30M | · | $30M | |
| Retained Earnings | $7.59B | $7.36B | $6.99B | $6.78B | $6.60B | $6.42B | $6.13B | $5.96B | $5.76B | $5.54B | · | $5.06B | $4.91B | $4.76B | · | $4.44B | |
| Treasury Stock | $1.35B | $1.10B | $848M | $748M | $748M | $748M | $748M | $748M | $748M | $748M | · | $748M | $748M | $748M | · | $748M | |
| AOCI | $116M | $128M | $210M | $200M | $262M | $15M | $-109M | $125M | $-47M | $-51M | · | $-128M | $-50M | $-101M | · | $-316M | |
| Stockholders' Equity | $12.61B | $12.61B | $12.57B | $12.41B | $11.62B | $6.84B | $6.44B | $6.48B | $6.04B | $5.79B | $5.58B | $5.20B | $5.07B | $4.84B | $4.61B | $4.31B | |
| Liabilities + Equity | $29.89B | $29.70B | $29.99B | $29.35B | $25.64B | $16.76B | $17.61B | $17.52B | $15.94B | $14.81B | · | $13.98B | $14.07B | $13.40B | · | $13.66B | |
| Shares Outstanding | 330,000,000 | 335,000,000 | 336,000,000 | 337,000,000 | 330,000,000 | 287,000,000 | 286,000,000 | 286,000,000 | 285,000,000 | 285,000,000 | 285,000,000 | 284,300,000 | 283,600,000 | 283,600,000 | 283,000,000 | 283,300,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $23M | $26M | $17M | $24M | $23M | $29M | $24M | $25M | $23M | $29M | $22M | $22M | $21M | $24M | $16M | $16M | |
| Deferred Tax | $48M | $80M | $-25M | $20M | $8M | $-10M | $24M | $-8M | $-2M | $-1M | $13M | $-3M | $1M | $1M | $3M | $14M | |
| Operating Cash Flow | $346M | $262M | $444M | $468M | $325M | $213M | $361M | $440M | $360M | $13M | $306M | $316M | $328M | $60M | $281M | $254M | |
| CapEx | $17M | $21M | $20M | $16M | $15M | $17M | $20M | $23M | $26M | $13M | $30M | $14M | $13M | $12M | $20M | $14M | |
| Investing Cash Flow | $-33M | $-38M | $-213M | $-7.51B | $-108M | $-79M | $-779M | $-42M | $11M | $-88M | $-394M | $-58M | $-91M | $-43M | $-400.0K | $-1.45B | |
| Debt Issued | · | · | $0 | $0 | · | · | $0 | $0 | · | · | · | · | · | · | $0 | $0 | |
| Net Debt Issued | · | $-19M | · | · | · | $-169M | · | · | · | $-13M | · | · | · | $-17M | · | · | |
| Stock Issued | · | · | $0 | $0 | · | · | · | · | · | · | · | · | · | · | · | · | |
| Stock Repurchased | $250M | $250M | · | · | $0 | $0 | · | · | · | · | $-100.0K | $0 | $0 | $100.0K | $-100.0K | $0 | |
| Net Stock Activity | · | $-250M | · | · | · | · | · | · | · | · | · | · | · | $-100.0K | · | · | |
| Dividends Paid | $55M | $57M | $56M | $51M | $43M | $43M | $43M | $36M | $37M | $38M | $37M | $33M | $32M | $33M | $33M | $29M | |
| Financing Cash Flow | $-172M | $-354M | $-138M | $-130M | $8.20B | $-218M | $277M | $-716M | $442M | $-67M | $88M | $-222M | $67M | $-121M | $-150M | $-189M | |
| Net Change in Cash | $141M | $-157M | $91M | $-7.20B | $8.48B | $-62M | $-199M | $-273M | $824M | $-153M | $32M | $8M | $320M | $-90M | $182M | $-1.44B | |
| Taxes Paid | $136M | $14M | $52M | $51M | $254M | $14M | $13M | $22M | $133M | $134M | $35M | $20M | $119M | $44M | $4M | $28M | |
| Free Cash Flow | · | $241M | · | · | · | $196M | · | · | · | $0 | · | · | · | $48M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-39M | · | · | · | $11M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 17.2% | 22.4% | · | 14.1% | 18.0% | 23.6% | · | 19.7% | 21.8% | 23.3% | · | 16.5% | 18.2% | 21.1% | · | 17.4% | |
| Pretax Margin | 22.9% | 28.0% | · | 19.4% | 24.2% | 30.4% | · | 26.7% | 29.4% | 28.9% | · | 22.7% | 24.3% | 26.4% | · | 23.5% | |
| ROA | 1.0% | 1.8% | · | 0.97% | 1.1% | 2.1% | · | 1.5% | 1.7% | 2.1% | · | 1.3% | 1.5% | 1.9% | · | 1.4% | |
| ROE | 2.4% | 4.4% | · | 2.4% | 2.6% | 5.2% | · | 4.0% | 4.6% | 5.5% | · | 3.7% | 4.1% | 5.1% | · | 3.8% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.1 | 1.0 | · | 1.2 | 2.7 | 1.2 | · | 1.1 | 1.1 | 1.0 | · | 1.1 | 1.2 | 1.1 | · | 1.1 | |
| Quick Ratio | 0.1 | 0.1 | · | 0.2 | 1.7 | 0.1 | · | 0.1 | 0.2 | 0.1 | · | 0.2 | 0.2 | 0.2 | · | 0.1 | |
| Debt / Equity | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.7 | 0.7 | · | 0.7 | 0.8 | 0.8 | · | 1.0 | |
| LT Debt / Equity | 0.6 | 0.5 | · | 0.6 | 0.6 | 0.5 | · | 0.5 | 0.6 | 0.5 | · | 0.6 | 0.7 | 0.8 | · | 0.9 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $38.21 | $37.65 | · | $36.82 | $35.20 | $23.84 | · | $22.66 | $21.18 | $20.31 | · | $18.29 | $17.89 | $17.08 | · | $15.22 | |
| Revenue / Share | $5.02 | $5.64 | · | $4.84 | $4.39 | $4.93 | · | $4.18 | $4.16 | $4.45 | · | $3.80 | $3.73 | $3.99 | · | $3.33 | |
| Cash Flow / Share | · | $0.78 | · | · | · | $0.75 | · | · | · | $0.05 | · | · | · | $0.21 | · | · | |
| Cash / Share | $2.78 | $2.99 | · | $3.53 | $26.95 | $2.33 | · | $3.35 | $3.88 | $2.04 | · | $2.66 | $2.21 | $1.99 | · | $2.05 | |
| Dividend / Share | · | · | · | · | · | · | · | · | · | · | · | $0.12 | $0.12 | $0.12 | · | $0.10 | |
| Dividend Paid / Share | $0.17 | $0.17 | $0.17 | $0.15 | $0.15 | $0.15 | $0.15 | $0.13 | $0.13 | $0.13 | $0.14 | $0.12 | $0.12 | $0.12 | $0.11 | $0.10 | |
| EPS (TTM) | $3.13 | $3.07 | · | $3.34 | $3.47 | $3.59 | · | $3.66 | $3.47 | $3.24 | · | $2.64 | $2.59 | $2.43 | · | $2.21 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.79B | $6.40B | · | $5.48B | $5.06B | $4.95B | · | $4.65B | $4.53B | $4.40B | · | $4.13B | $3.99B | $3.78B | · | $3.41B | |
| Net Income TTM | $1.21B | $1.15B | · | $998M | $1.00B | $1.03B | · | $1.05B | $995M | $928M | · | $747M | $732M | $688M | · | $628M | |
| Market Cap | $21.17B | $21.85B | · | $31.61B | $36.59B | $35.70B | · | $29.63B | $25.48B | $24.95B | · | $19.86B | $19.52B | $16.28B | · | $17.13B | |
| Enterprise Value | $28.01B | $28.66B | · | $38.15B | $35.24B | $38.84B | · | $32.25B | $28.48B | $28.24B | · | $22.79B | $22.70B | $19.64B | · | $20.65B | |
| P/E | 20.5 | 21.2 | · | 28.1 | 32.0 | 34.7 | · | 28.3 | 25.8 | 27.0 | · | 26.5 | 26.6 | 23.6 | · | 27.4 | |
| P/S | 3.1 | 3.4 | · | 5.8 | 7.2 | 7.2 | · | 6.4 | 5.6 | 5.7 | · | 4.8 | 4.9 | 4.3 | · | 5.0 | |
| P/B | 1.7 | 1.7 | · | 2.5 | 3.1 | 5.2 | · | 4.6 | 4.2 | 4.3 | · | 3.8 | 3.8 | 3.4 | · | 4.0 | |
| P / Tangible Book | · | · | · | · | 26.4 | · | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | · | 83.4 | · | · | · | 167.6 | · | · | · | 1919.1 | · | · | · | 272.3 | · | · | |
| EV / Revenue | 4.1 | 4.5 | · | 7.0 | 7.0 | 7.8 | · | 6.9 | 6.3 | 6.4 | · | 5.5 | 5.7 | 5.2 | · | 6.1 | |
| Dividend Yield | 1.0% | 0.95% | · | 0.57% | 0.45% | 0.45% | · | 0.50% | 0.57% | 0.56% | · | 0.66% | 0.65% | 0.76% | · | 0.68% | |
| Earnings Yield | 4.9% | 4.7% | · | 3.6% | 3.1% | 2.9% | · | 3.5% | 3.9% | 3.7% | · | 3.8% | 3.8% | 4.2% | · | 3.6% | |
| Payout Ratio | · | 13.4% | · | · | · | 13.0% | · | · | · | 13.0% | · | · | · | 13.8% | · | · | |
| Annual Payout | $219M | $207M | · | $180M | $165M | $159M | · | $148M | $145M | $140M | · | $131M | $128M | $124M | · | $116M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|
| Revenue | $5.90B | $4.80B | $4.26B | · | · |
| Net Income | $1.05B | $993M | $871M | · | · |
| Diluted EPS | $3.16 | $3.46 | $3.05 | · | · |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|
| Debt / Equity | 0.6 | 0.6 | 0.7 | · | · |
| Current Ratio | 1.0 | 1.1 | 1.0 | · | · |
| Quick Ratio | 0.1 | 0.1 | 0.1 | · | · |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|
| Free Cash Flow | $1.38B | $1.09B | $941M | · | · |
Institutional owners (13F) 852 filers · $20.8B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
852
Value held
$20.8B
New positions
119
Exited positions
118
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 119 (+12 vs prior Q) | 118 (-34 vs prior Q) | 306 (+3 vs prior Q) | 272 (-23 vs prior Q) | +5.2M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $2,999,497,305 | 37,634,847 | 14.39% | Shares |
| BlackRock, Inc. | $1,418,571,034 | 22,113,344 | 6.81% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,215,078,750 | 18,941,212 | 5.83% | Shares |
| FMR LLC | $1,180,728,836 | 18,405,749 | 5.66% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $1,008,557,108 | 15,721,830 | 4.84% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $938,607,133 | 14,631,444 | 4.50% | Shares |
| STATE STREET CORP | $931,080,734 | 14,514,119 | 4.47% | Shares |
| Capital World Investors | $927,988,447 | 14,465,915 | 4.45% | Shares |
| First Eagle Investment Management, LLC | $752,320,040 | 11,727,514 | 3.61% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $526,023,263 | 8,230,737 | 2.52% | Shares |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | $430,385,044 | 6,709,042 | 2.06% | Shares |
| Orbis Allan Gray Ltd | $344,554,782 | 5,371,080 | 1.65% | Shares |
| Select Equity Group, L.P. | $313,853,875 | 4,892,500 | 1.51% | Shares |
| NORGES BANK | $282,029,124 | 4,396,401 | 1.35% | Shares |
| DEUTSCHE BANK AG\ | $266,940,916 | 4,161,199 | 1.28% | Shares |
| Invesco Ltd. | $262,904,470 | 4,098,277 | 1.26% | Shares |
| Capital Research Global Investors | $251,020,361 | 3,913,022 | 1.20% | Shares |
| MORGAN STANLEY | $248,242,969 | 3,869,724 | 1.19% | Shares |
| GOLDMAN SACHS GROUP INC | $233,315,620 | 3,637,032 | 1.12% | Shares |
| BANK OF AMERICA CORP /DE/ | $228,051,359 | 3,554,971 | 1.09% | Shares |
| ROYAL BANK OF CANADA | $222,719,000 | 3,471,860 | 1.07% | Shares |
| JPMORGAN CHASE & CO | $198,099,592 | 3,097,240 | 0.95% | Shares |
| WELLS FARGO & COMPANY/MN | $169,470,694 | 2,641,788 | 0.81% | Shares |
| NORTHERN TRUST CORP | $158,432,666 | 2,469,722 | 0.76% | Shares |
| ProShare Advisors LLC | $154,375,563 | 2,406,478 | 0.74% | Shares |
| Fenimore Asset Management Inc | $143,942,543 | 2,243,843 | 0.69% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $139,167,973 | 2,169,415 | 0.67% | Shares |
| Madison Asset Management, LLC | $138,629,576 | 2,161,022 | 0.67% | Shares |
| TWO SIGMA INVESTMENTS, LP | $127,903,681 | 1,993,822 | 0.61% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $121,761,254 | 1,898,071 | 0.58% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $115,274,531 | 1,795,003 | 0.55% | Shares |
| Gobi Capital LLC | $114,189,951 | 1,780,046 | 0.55% | Shares |
| Polar Capital Holdings Plc | $110,658,750 | 1,725,000 | 0.53% | Shares |
| UBS Group AG | $108,532,241 | 1,691,851 | 0.52% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $106,531,702 | 1,660,686 | 0.51% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $104,862,413 | 1,634,644 | 0.50% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $98,670,686 | 1,513,122 | 0.47% | Shares |
| Bank of New York Mellon Corp | $88,589,248 | 1,380,970 | 0.43% | Shares |
| Gotham Asset Management, LLC | $78,183,582 | 1,218,762 | 0.38% | Shares |
| Legal & General Group Plc | $69,091,027 | 1,077,023 | 0.33% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $61,132,330 | 963,777 | 0.29% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $60,072,947 | 936,445 | 0.29% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $58,004,430 | 904,200 | 0.28% | Shares |
| Quantum Capital Management, LLC / NJ | $57,943,680 | 903,253 | 0.28% | Shares |
| Tandem Investment Advisors, Inc. | $57,070,983 | 889,649 | 0.27% | Shares |
| CITIGROUP INC | $55,287,293 | 861,844 | 0.27% | Shares |
| BARR E S & CO | $52,456,649 | 817,719 | 0.25% | Shares |
| Swiss National Bank | $52,218,100 | 814,000 | 0.25% | Shares |
| Capital International Investors | $51,469,341 | 802,328 | 0.25% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $50,605,112 | 788,856 | 0.24% | Shares |
Company insiders 49 insiders · 26 officers · 22 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Powell J Brown | President and CEO | Feb. 25, 2026 A | 204,037 | 0 | 0 | $0 |
| Andrew R. Watts | EVP, CFO and Treasurer | Feb. 26, 2026 A | 90,227 | 0 | 0 | $0 |
| Cory T Walker | Sr. VP and CFO | March 4, 2014 F | 184,414 | 0 | 0 | $0 |
| Roy C Bridges | Regional President | Feb. 27, 2014 F | 106,387 | 0 | 0 | $0 |
| BROWN & BROWN INC | Regional President | April 27, 2012 S | 23,688 | 0 | 0 | $0 |
| Thomas E Riley | Regional President | Dec. 30, 2010 M | 180,293 | 0 | 0 | $0 |
| Kenneth D Kirk | Former Regional President | Aug. 9, 2010 S | 621,656 | 0 | 0 | $0 |
| Stephen Patrick Hearn | EVP, COO, Pres Retail Segment | Feb. 26, 2026 A | 10,385 | 0 | 0 | $0 |
| Jim W Henderson | Former Vice Chairman and COO | Dec. 27, 2010 S | 215,000 | 0 | 0 | $0 |
| Paul M. Gallagher | VP, Controller & CAO | Feb. 26, 2026 A | 3,952 | 0 | 0 | $0 |
| Julie Turpin | EVP/Chief People Officer | Feb. 26, 2026 A | 41,828 | 0 | 0 | $0 |
| Stephen M Boyd | EVP/Pres Spec Dist Segment | Feb. 26, 2026 A | 60,568 | 0 | 0 | $0 |
| Barrett P Brown | Executive Vice President | Feb. 26, 2026 A | 60,537 | 0 | 0 | $0 |
| Chris L Walker | EVP/Chair Spec Dist Segment | Feb. 26, 2026 A | 64,286 | 0 | 0 | $0 |
| Jerome Scott Penny | EVP Chief Acquisitions Officer | Feb. 26, 2026 A | 62,160 | 0 | 0 | $0 |
| Hyatt J Brown | Chairman | Dec. 31, 2025 G | 1,827,556 | 0 | 0 | $0 |
| Kenneth Gray Nester II | EVP/Chief Information Officer | Feb. 19, 2024 A | 40,776 | 0 | 0 | $0 |
| Robert W Lloyd | EVP, Secy, General Counsel | Aug. 8, 2022 S | 33,748 | 0 | 0 | $0 |
| Anthony T Strianese | Chair Wholesale Brokerage Seg. | March 23, 2021 F | 171,389 | 0 | 0 | $0 |
| Ryan, Julie K | EVP, Chief People Officer | Feb. 25, 2019 A | 2,949 | 0 | 0 | $0 |
| Linda S Downs | Executive Vice President | July 28, 2015 M | 503,650 | 0 | 0 | $0 |
| Kenneth R Masters | Senior Vice President | Sept. 8, 2014 S | 32,140 | 0 | 0 | $0 |
| Sam R Boone JR | Regional Executive VP | July 1, 2013 A | 105,958 | 0 | 0 | $0 |
| Laurel L Grammig | VP, Secretary | July 1, 2013 A | 28,043 | 0 | 0 | $0 |
| Thomas M Donegan JR | VP Chief Acq. Counsel Asst Sec | Jan. 18, 2011 A | 12,534 | 0 | 0 | $0 |
| Michael J. Riordan | Regional Executive VP | Nov. 24, 2010 P | 9,110 | 0 | 0 | $0 |
| James S Hunt | Director | Sept. 21, 2026 G | 22,109 | 0 | 0 | $0 |
| Joia M Johnson | Director | June 9, 2026 P | 860 | 1 | 0 | $49,923 |
| Kathleen A. Savio | Director | May 6, 2026 A | 5,109 | 0 | 0 | $0 |
| Bronislaw Edmund Masojada | Director | May 6, 2026 A | 5,109 | 0 | 0 | $0 |
| Timothy R.M. Main | Director | May 6, 2026 A | 36,023 | 0 | 0 | $0 |
| Wendell Reilly | Director | May 6, 2026 A | 42,731 | 0 | 0 | $0 |
| Palmer H Proctor JR | Director | May 6, 2026 A | 50,055 | 1 | 0 | $114,200 |
| Jaymin B Patel | Director | May 6, 2026 A | 6,957 | 0 | 0 | $0 |
| Toni Jennings | Director | May 6, 2026 A | 57,859 | 0 | 0 | $0 |
| Paul J Krump | Director | May 6, 2026 A | 7,787 | 0 | 0 | $0 |
| Theodore J Hoepner JR | Director | May 6, 2026 A | 72,185 | 0 | 0 | $0 |
| Lawrence L Gellerstedt III | Director | May 6, 2026 A | 23,241 | 0 | 0 | $0 |
| Chilton D Varner | Director | May 8, 2024 A | 57,904 | 0 | 0 | $0 |
| James Charles Hays | Director | March 15, 2023 P | 365,063 | 0 | 0 | $0 |
| Hugh M Brown | Director | May 5, 2022 P | 1,287 | 0 | 0 | $0 |
| Bradley Currey JR | Director | Feb. 5, 2020 G | 472,589 | 0 | 0 | $0 |
| John R Riedman | Director | Dec. 28, 2012 A | 57,689 | 0 | 0 | $0 |
| Jan E Smith | Director | Aug. 18, 2009 S | 15,553 | 0 | 0 | $0 |
| HUGHES DAVID H | Director | Jan. 23, 2008 A | 7,727 | 0 | 0 | $0 |
| BELL SAMUEL P III | · | Feb. 25, 2021 G | 74,938 | 0 | 0 | $0 |
| Richard Freebourn | · | Feb. 27, 2017 F | 5,953 | 0 | 0 | $0 |
| Charlie Lydecker | · | May 28, 2015 G | 47,499 | 0 | 0 | $0 |
| Michael Paschke | · | Feb. 19, 2009 P | 17,193 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 108 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| KBWP · Invesco Exchange-Traded Fund Trust … | 3.64% | 163,572 SH | Oct. 1, 2026 | Daily |
| KNG · First Trust Exchange-Traded Fund IV | 1.48% | 742,666 NS | July 31, 2026 | N-PORT |
| RSPF · Invesco Exchange-Traded Fund Trust | 1.28% | 78,222 SH | Oct. 1, 2026 | Daily |
| ESLV · Strategy Shares | 0.73% | 1,486 NS | July 31, 2026 | N-PORT |
| FXO · First Trust Exchange-Traded AlphaDE… | 0.66% | 105,577 NS | July 31, 2026 | N-PORT |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.55% | 109,482 NS | July 31, 2026 | N-PORT |
| VOT · VANGUARD INDEX FUNDS | 0.40% | 2,206,901 SH | Aug. 19, 2026 | Daily |
| IYF · iShares Trust | 0.30% | 197,215 SH | Sept. 11, 2026 | Daily |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.30% | 65,895 NS | July 31, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.28% | 6,613 NS | July 31, 2026 | N-PORT |
| IMCV · iShares Trust | 0.26% | 45,245 SH | Sept. 11, 2026 | Daily |
| FNCL · FIDELITY COVINGTON TRUST | 0.22% | 75,785 NS | July 31, 2026 | N-PORT |
| BAB · Invesco Exchange-Traded Fund Trust … | 0.22% | 2,215,000 | Oct. 1, 2026 | Daily |
| SIZE · iShares Trust | 0.22% | 14,313 SH | Sept. 11, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | 0.22% | 470,301 SH | Aug. 19, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.21% | 5,936,000 | Oct. 1, 2026 | Daily |
| IWS · iShares Trust | 0.19% | 440,380 SH | Sept. 11, 2026 | Daily |
| EUSA · iShares, Inc. | 0.19% | 54,578 SH | Sept. 11, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.19% | 2,940,236 SH | Oct. 1, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | 0.18% | 6,243,550 SH | Aug. 19, 2026 | Daily |
| FAS · Direxion Shares ETF Trust | 0.17% | 57,437 NS | July 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.14% | 1,210,528 SH | Sept. 11, 2026 | Daily |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.14% | 167,391 NS | July 31, 2026 | N-PORT |
| ACWV · iShares, Inc. | 0.14% | 71,798 SH | Sept. 11, 2026 | Daily |
| IMCB · iShares Trust | 0.13% | 32,560 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.13% | 180,000 | Oct. 1, 2026 | Daily |
| IXG · iShares Trust | 0.12% | 12,539 SH | Sept. 11, 2026 | Daily |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.11% | 4,030,000 | Oct. 1, 2026 | Daily |
| PABU · iShares Trust | 0.11% | 41,297 SH | Sept. 11, 2026 | Daily |
| XOEF · iShares Trust | 0.11% | 362 SH | Sept. 11, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | 0.10% | 12,677 SH | Aug. 19, 2026 | Daily |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.08% | 1,646,797 SH | Aug. 19, 2026 | Daily |
| USXF · iShares Trust | 0.08% | 17,162 SH | Sept. 11, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | 0.08% | 9,654 SH | Oct. 1, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.08% | 5,941 NS | July 31, 2026 | N-PORT |
| HAPI · Harbor ETF Trust | 0.07% | 4,890 NS | July 31, 2026 | N-PORT |
| VTV · VANGUARD INDEX FUNDS | 0.07% | 2,736,932 SH | Aug. 19, 2026 | Daily |
| VEGN · ETF Series Solutions | 0.07% | 1,727 NS | July 31, 2026 | N-PORT |
| IVE · iShares Trust | 0.07% | 486,078 SH | Sept. 11, 2026 | Daily |
| IUSV · iShares Trust | 0.06% | 257,361 SH | Sept. 11, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.06% | 7,931 SH | Oct. 1, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.06% | 67,275 SH | Aug. 19, 2026 | Daily |
| ILCV · iShares Trust | 0.05% | 10,907 SH | Sept. 11, 2026 | Daily |
| IWD · iShares Trust | 0.05% | 654,416 SH | Sept. 11, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.05% | 178,139 SH | Aug. 19, 2026 | Daily |
| EGLE · Global X Funds | 0.05% | 15 NS | July 31, 2026 | N-PORT |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.05% | 7,210 SH | Oct. 1, 2026 | Daily |
| DGRO · iShares Trust | 0.05% | 295,946 SH | Sept. 11, 2026 | Daily |
| CATH · Global X Funds | 0.04% | 6,766 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.04% | 331 NS | July 31, 2026 | N-PORT |
| TOPC · iShares Trust | 0.04% | 174 SH | Sept. 11, 2026 | Daily |
| XCLR · Global X Funds | 0.03% | 17 NS | July 31, 2026 | N-PORT |
| CHRI · Global X Funds | 0.03% | 38 NS | July 31, 2026 | N-PORT |
| XVV · iShares Trust | 0.03% | 3,329 SH | Sept. 10, 2026 | Daily |
| VOXP · Advisors Series Trust | 0.03% | 27 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.03% | 15,093 NS | July 31, 2026 | N-PORT |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.03% | 50,882 SH | Oct. 1, 2026 | Daily |
| PTLC · Pacer Funds Trust | 0.03% | 14,813 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.03% | 38,338 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.03% | 4,702 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.03% | 7,571,754 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.03% | 336,210 SH | Aug. 19, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.03% | 9,150,711 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.03% | 48,665 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.03% | 24,877 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.03% | 66,711 SH | Aug. 19, 2026 | Daily |
| IVV · iShares Trust | 0.03% | 3,674,411 SH | Sept. 11, 2026 | Daily |
| XRMI · Global X Funds | 0.03% | 209 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.03% | 22,886 NS | July 31, 2026 | N-PORT |
| SPUU · Direxion Shares ETF Trust | 0.03% | 1,100 NS | July 31, 2026 | N-PORT |
| XTR · Global X Funds | 0.03% | 20 NS | July 31, 2026 | N-PORT |
| QDPL · Pacer Funds Trust | 0.03% | 7,004 NS | July 31, 2026 | N-PORT |
| IWB · iShares Trust | 0.03% | 204,536 SH | Sept. 11, 2026 | Daily |
| ILCB · iShares Trust | 0.03% | 5,377 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.03% | 12,507 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.03% | 82,392 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.03% | 390,065 SH | Sept. 11, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.03% | 1,724 SH | Oct. 1, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.03% | 181,359 NS | July 31, 2026 | N-PORT |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.03% | 49,803 SH | Oct. 1, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.03% | 2,029 NS | July 31, 2026 | N-PORT |
| SPXL · Direxion Shares ETF Trust | 0.02% | 22,787 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.02% | 806 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.02% | 34,604 SH | Oct. 1, 2026 | Daily |
| PHDG · Invesco Actively Managed Exchange-T… | 0.02% | 215 SH | Oct. 1, 2026 | Daily |
| URTH · iShares, Inc. | 0.02% | 25,974 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.02% | 36,751 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.02% | 249,813 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.02% | 895 NS | July 31, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.02% | 6,004 NS | July 31, 2026 | N-PORT |
| ACWI · iShares Trust | 0.02% | 90,771 SH | Sept. 11, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.02% | 1,173 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.01% | 39,207 NS | July 31, 2026 | N-PORT |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.01% | 2,784 SH | Oct. 1, 2026 | Daily |
| PZA · Invesco Exchange-Traded Fund Trust … | 0.01% | 475,000 | Oct. 1, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.01% | 7,078 SH | Oct. 1, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.01% | 2,341 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 1,361 NS | July 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.00% | 215 NS | July 31, 2026 | N-PORT |
| BIV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCIT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
BRO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 26 analysts
HOLD
Median target
$77.00
+28.5%
1 3.8%
Strong Buy
6 23.1%
Buy
18 69.2%
Hold
1 3.8%
Sell
0 0.0%
Strong Sell
12-Month Price Target
16 analysts · 2026-09-27Mean target $76.50 +27.7%
← Below all targets
Current price $59.91
Low$60.00
Mean$76.50
High$90.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| BRO | $26.78B | 25.2 | 22.8% | 17.9% | 8.7% | · |
| MRSH | $89.98B | 22.0 | 10.3% | 15.4% | 28.1% | · |
| AJG | $66.51B | 45.1 | 20.7% | 10.7% | 6.9% | · |
| RYAN | · | · | 21.3% | 2.1% | 9.9% | · |
| HGTY | · | · | 17.3% | 10.2% | 80.3% | · |
| BWIN | · | -48.1 | 8.3% | -2.2% | -5.7% | · |
| LIFE | · | · | 52.0% | 18.4% | -108.4% | · |
| GSHD | · | 70.8 | 16.2% | 7.6% | -107.8% | · |
| TWFG | · | 54.3 | 22.0% | · | · | · |
| ABX | $833M | 23.8 | 110.2% | 15.5% | 8.8% | 87.7% |
Latest News Recent headlines mentioning this company
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Source: SEC 10-Q filed Jul 27, 2026