Brown & Brown (BRO) Operating Margin: History & Chart

Brown & Brown, Inc.(BRO)

Insurance - Brokers · Daytona Beach, FL

$67.28-0.90 (-1.32%)

Delayed quote: Sep 9, 2026, 10:35 AM EDT

About Brown & Brown, Inc.

Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail division delivers a comprehensive suite of property and casualty, employee benefits, personal, and specialized insurance offerings, complemented by services such as loss control assessments, consulting, and claims processing. This segment caters to a broad spectrum of clients, including commercial entities, public and quasi-public organizations, professionals, and individuals. The National Programs segment focuses on professional liability and associated bundled insurance products for specific sectors like dentistry, law, optometry, insurance, finance, medicine, and real estate title professionals, alongside supplementary coverages for events, medical facilities, and cyber risks. This segment also provides outsourced services to insurance carrier partners, encompassing product development, marketing, underwriting, actuarial analysis, compliance, claims, and other administrative support, while additionally managing commercial and public entity programs and flood insurance, largely through independent agents. The Wholesale Brokerage segment facilitates the distribution of excess and surplus commercial and personal lines insurance via independent agents and brokers. Finally, the Services segment offers critical support functions such as third-party claims administration and medical utilization management for workers' compensation and all-lines liability, along with Medicare Set-aside provisions, Social Security disability assistance, Medicare benefits advocacy, and claims adjusting services. Founded in 1939, Brown & Brown, Inc. is headquartered in Daytona Beach, Florida.

Daytona Beach, FL

22,888 employees

www.bbrown.com

Financial Services / Insurance - Brokers

Sector: Financial Services
Industry: Insurance - Brokers
CEO: J. Powell Brown

View full financials

BRO Operating Margin Metrics

OPERATING MARGIN

28.47%

OPERATING MARGIN AVG TTM

28.17%

OPERATING MARGIN AVG 3Y

28.13%

OPERATING MARGIN AVG 5Y

27.81%

OPERATING MARGIN AVG 10Y

26.67%

OPERATING MARGIN AVG 15Y

26.49%

OPERATING MARGIN AVG 20Y

27.34%

CURRENT VS TTM AVG

+1.08%

CURRENT VS 3Y AVG

+1.20%

CURRENT VS 5Y AVG

+2.38%

CURRENT VS 10Y AVG

+6.75%

CURRENT VS 15Y AVG

+7.48%

CURRENT VS 20Y AVG

+4.15%

SECTOR MEDIAN · FINANCIAL SERVICES

23.41%

median of 102 covered companies

CURRENT VS SECTOR MEDIAN

+21.61%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Brown & Brown, Inc. (BRO)	$22.51B	28.47%	28.17%	28.13%	27.81%
Loews Corporation (L)vs ›	$22.33B	16.58%	11.71%	11.02%	8.19%
SoFi Technologies, Inc. (SOFI)vs ›	$22.82B	13.22%	8.66%	-2.78%	-16.52%
Global Payments Inc. (GPN)vs ›	$21.89B	11.85%	20.86%	21.67%	20.60%
Tradeweb Markets Inc. (TW)vs ›	$21.83B	44.13%	40.23%	38.23%	35.96%
T. Rowe Price Group, Inc. (TROW)vs ›	$23.32B	30.27%	31.41%	32.53%	37.12%
KeyCorp (KEY)vs ›	$23.58B	18.05%	8.61%	14.51%	20.70%
Principal Financial Group, Inc. (PFG)vs ›	$24.44B	12.13%	10.39%	15.08%	14.18%
Synchrony Financial (SYF)vs ›	$25.39B	24.34%	23.05%	23.22%	25.99%
Regions Financial Corporation (RF)vs ›	$25.70B	29.77%	26.83%	30.14%	31.51%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Brown & Brown, Inc. (BRO)

$22.51B

28.47%

28.17%

28.13%

27.81%

Loews Corporation (L)vs ›

$22.33B

16.58%

11.71%

11.02%

8.19%

SoFi Technologies, Inc. (SOFI)vs ›

$22.82B

13.22%

8.66%

-2.78%

-16.52%

Global Payments Inc. (GPN)vs ›

$21.89B

11.85%

20.86%

21.67%

20.60%

Tradeweb Markets Inc. (TW)vs ›

$21.83B

44.13%

40.23%

38.23%

35.96%

T. Rowe Price Group, Inc. (TROW)vs ›

$23.32B

30.27%

31.41%

32.53%

37.12%

KeyCorp (KEY)vs ›

$23.58B

18.05%

8.61%

14.51%

20.70%

Principal Financial Group, Inc. (PFG)vs ›

$24.44B

12.13%

10.39%

15.08%

14.18%

Synchrony Financial (SYF)vs ›

$25.39B

24.34%

23.05%

23.22%

25.99%

Regions Financial Corporation (RF)vs ›

$25.70B

29.77%

26.83%

30.14%

31.51%

Operating Margin FAQ

What is the operating margin for Brown & Brown, Inc. (BRO)?

The operating margin for BRO stock is 28.47%.

Is Brown & Brown, Inc.'s operating margin high or low?

The operating margin of 28.47% is in line with its 5-year average of 27.81%, around the middle of its 5-year range (21.31%–33.83%).

What is the TTM average operating margin for Brown & Brown, Inc. (BRO)?

The TTM average operating margin for BRO stock is 28.17%.

What is the 3Y average operating margin for Brown & Brown, Inc. (BRO)?

The 3Y average operating margin for BRO stock is 28.13%.

What is the 5Y average operating margin for Brown & Brown, Inc. (BRO)?

The 5Y average operating margin for BRO stock is 27.81%.

What is the 10Y average operating margin for Brown & Brown, Inc. (BRO)?

The 10Y average operating margin for BRO stock is 26.67%.

What is the 15Y average operating margin for Brown & Brown, Inc. (BRO)?

The 15Y average operating margin for BRO stock is 26.49%.

What is the 20Y average operating margin for Brown & Brown, Inc. (BRO)?

The 20Y average operating margin for BRO stock is 27.34%.

DATE	OPERATING MARGIN
2026-06-30	33.83%
2026-03-31	28.04%
2025-12-31	25.70%
2025-09-30	26.28%
2025-06-30	26.98%
2025-03-31	32.64%
2024-12-31	21.76%
2024-09-30	30.19%
2024-06-30	29.55%
2024-03-31	31.61%
2023-12-31	21.31%
2023-09-30	29.55%
2023-06-30	28.28%
2023-03-31	29.33%
2022-12-31	24.87%
2022-09-30	25.01%
2022-06-30	27.47%
2022-03-31	30.89%
2021-12-31	23.17%
2021-09-30	30.55%
2021-06-30	26.98%
2021-03-31	31.12%
2020-12-31	21.08%
2020-09-30	27.33%
2020-06-30	23.93%
2020-03-31	29.77%
2019-12-31	20.06%
2019-09-30	25.55%
2019-06-30	23.33%
2019-03-31	26.50%
2018-12-31	21.91%
2018-09-30	28.53%
2018-06-30	23.31%
2018-03-31	25.39%
2017-12-31	24.40%
2017-09-30	27.30%
2017-06-30	26.23%
2017-03-31	23.41%
2016-12-31	25.03%
2016-09-30	28.07%
2016-06-30	27.22%
2016-03-31	25.51%
2015-12-31	26.18%
2015-09-30	28.30%
2015-06-30	25.98%
2015-03-31	25.81%
2014-12-31	24.71%
2014-09-30	28.41%
2014-06-30	26.83%
2014-03-31	26.35%
2013-12-31	22.98%
2013-09-30	27.31%
2013-06-30	27.53%
2013-03-31	31.09%
2012-12-31	21.87%
2012-09-30	28.12%
2012-06-30	25.37%
2012-03-31	27.16%
2011-12-31	24.92%
2011-09-30	28.97%
2011-06-30	26.37%
2011-03-31	30.61%
2010-12-31	23.45%
2010-09-30	30.95%
2010-06-30	29.40%
2010-03-31	30.40%
2009-12-31	20.91%
2009-09-30	29.17%
2009-06-30	28.66%
2009-03-31	31.43%
2008-12-31	24.93%
2008-09-30	28.73%
2008-06-30	29.10%
2008-03-31	34.29%
2007-12-31	26.17%
2007-09-30	33.22%
2007-06-30	35.64%
2007-03-31	39.35%
2006-12-31	30.44%
2006-09-30	32.46%
2006-06-30	33.65%
2006-03-31	36.85%
2005-12-31	29.69%
2005-09-30	31.12%
2005-06-30	32.76%
2005-03-31	36.59%
2004-12-31	30.83%
2004-09-30	31.49%
2004-06-30	33.73%
2004-03-31	36.28%
2003-12-31	31.24%
2003-09-30	31.81%
2003-06-30	32.98%
2003-03-31	34.55%
2002-12-31	27.67%
2002-09-30	31.23%

DATE

OPERATING MARGIN

2026-06-30

33.83%

2026-03-31

28.04%

2025-12-31

25.70%

2025-09-30

26.28%

2025-06-30

26.98%

2025-03-31

32.64%

2024-12-31

21.76%

2024-09-30

30.19%

2024-06-30

29.55%

2024-03-31

31.61%

2023-12-31

21.31%

2023-09-30

29.55%

2023-06-30

28.28%

2023-03-31

29.33%

2022-12-31

24.87%

2022-09-30

25.01%

2022-06-30

27.47%

2022-03-31

30.89%

2021-12-31

23.17%

2021-09-30

30.55%

2021-06-30

26.98%

2021-03-31

31.12%

2020-12-31

21.08%

2020-09-30

27.33%

2020-06-30

23.93%

2020-03-31

29.77%

2019-12-31

20.06%

2019-09-30

25.55%

2019-06-30

23.33%

2019-03-31

26.50%

2018-12-31

21.91%

2018-09-30

28.53%

2018-06-30

23.31%

2018-03-31

25.39%

2017-12-31

24.40%

2017-09-30

27.30%

2017-06-30

26.23%

2017-03-31

23.41%

2016-12-31

25.03%

2016-09-30

28.07%

2016-06-30

27.22%

2016-03-31

25.51%

2015-12-31

26.18%

2015-09-30

28.30%

2015-06-30

25.98%

2015-03-31

25.81%

2014-12-31

24.71%

2014-09-30

28.41%

2014-06-30

26.83%

2014-03-31

26.35%

2013-12-31

22.98%

2013-09-30

27.31%

2013-06-30

27.53%

2013-03-31

31.09%

2012-12-31

21.87%

2012-09-30

28.12%

2012-06-30

25.37%

2012-03-31

27.16%

2011-12-31

24.92%

2011-09-30

28.97%

2011-06-30

26.37%

2011-03-31

30.61%

2010-12-31

23.45%

2010-09-30

30.95%

2010-06-30

29.40%

2010-03-31

30.40%

2009-12-31

20.91%

2009-09-30

29.17%

2009-06-30

28.66%

2009-03-31

31.43%

2008-12-31

24.93%

2008-09-30

28.73%

2008-06-30

29.10%

2008-03-31

34.29%

2007-12-31

26.17%

2007-09-30

33.22%

2007-06-30

35.64%

2007-03-31

39.35%

2006-12-31

30.44%

2006-09-30

32.46%

2006-06-30

33.65%

2006-03-31

36.85%

2005-12-31

29.69%

2005-09-30

31.12%

2005-06-30

32.76%

2005-03-31

36.59%

2004-12-31

30.83%

2004-09-30

31.49%

2004-06-30

33.73%

2004-03-31

36.28%

2003-12-31

31.24%

2003-09-30

31.81%

2003-06-30

32.98%

2003-03-31

34.55%

2002-12-31

27.67%

2002-09-30

31.23%

Operating Margin: 28.47%

BRO Operating Margin

BRO Average Operating Margin Chart

BRO Current vs Average Operating Margin Chart

BRO Operating Margin Metrics

BRO Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

BRO Operating Margin History

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