The Tip Desk

BROWN & BROWN, INC.

Company Stats

Market Cap
$20.4B
as of Sep 30, 2026
Enterprise Value
$26.3B
Shares Outstanding
331.7M
Free Float
86.6%

Income Statement

Revenue
$5.9B
Net Income
$1.1B
Revenue Growth, 3Y
18.2%
FCF Margin, 3Y Avg
22.7%
FCF Margin, Worst Year
22.1%

Cash Flow

Free Cash Flow
$1.4B
FCF Yield
6.8%
Owner FCF Yield
6.3%

Balance Sheet

Cash & Equivalents
$1.1B
Total Debt
$7.0B
Net Debt
$6.0B

Returns & Capital

Dividends Paid
$193.0M
Dividend Yield
0.9%
Dividend Payout, 3Y Avg
16.4%
Share Repurchases
$100.0M
Buyback Yield, 3Y Avg
0.2%
SBC, 3Y Avg
$94.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$5.9B$1.4B23.4%
FY2024$4.8B$1.1B22.7%
FY2023$4.3B$941.0M22.1%
FY2022$3.6B$829.0M23.2%
FY2021$3.1B$763.8M25.0%

Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage