Brown & Brown is a middleman that helps businesses and professionals find insurance policies, handling everything from dental liability to flood coverage. Think of them as a travel agent for insurance, not the insurer itself.
The Retail segment, which sells insurance to businesses and individuals, drives revenue, hitting USD 5.96B in 2025 with net income of USD 1.05B. Operating margins hover around 28%, with money coming from recurring commissions and fees, not one-off deals.
Their scale and relationships with carriers (like AIG and Chubb) make it hard for new brokers to compete, but digital platforms from startups like Lemonade and Policygenius are nibbling at simpler products. That pressure keeps the moat from being unbreachable.
Hold (sector percentile 63) — value C+, growth B, profitability B-, momentum C+, revisions A-. Updated daily, sector-relative, identical for every user.
Key events, in time order
Q2 revenue $1.7B up 30.4%, but weak organic growth and margin pressure led to earnings miss
Total revenue up 30.4%, organic revenue down 0.7%, adjusted EPS $1.07 misses consensus
Declares $0.165/share quarterly cash dividend; appoints Neil Krauter Sr. as executive managing director
None yet
None yet
No comments yet.
Facts and opinions separated · All items sourced · Not investment advice
