OakChart

Brown & Brown Inc

BROFinancial·Insurance Brokers·USA·Large·NYSE·Nov 11 • 3:59 PM ET

71.39-0.50 (-0.70%)
2026-11-12 05:19 CET
Market cap
23,679.49 USD m
Revenue, TTM
6,909.00 USD m
Net income, TTM
1,202.00 USD m
Free cash flow, TTM
1,487.00 USD m
EPS diluted, TTM
3.16
P/E
22.61
Compare

Price

BRO against its 20, 50 and 200-day averages
2050200beatmiss
60.0070.0080.002.9M5.7MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26BROclose 71.3920-day 70.7550-day 66.91200-day 66.3771.3952w low

13.5% under the 52-week high of 82.58 on 16 Dec 2025. 52-week low 53.81 on 13 May 2026. Last 15 sessions, 17.3% high to low

Volume 0.64× normal · the line is the 50-bar volume average

Profile

BRO
52-week range, 61% of the way up
53.8182.57

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, Specialty Distribution, and Other. The Retail segment offers insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers. The Specialty Distribution segment consists of programs, wholesale brokerage, and specialty businesses. The company was founded by J. Adrian Brown and Charles Covington Owen in 1939 and is headquartered in Daytona Beach, FL.

IndexS&P 500, RUI
Employees22888
IPONov 01, 1982
Beta0.52
ATR, 14d2.30
Rel volume0.64
Short float5.78%
Insider own14.70%
Inst own86.15%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap23.68B
Enterprise Value30.69B
Income1.20B
Sales6.91B
Book/sh38.48
Cash/sh3.31
Dividend Est.0.68 (0.95%)
Dividend TTM0.68 (0.95%)
Dividend Ex-DateNov 04, 2026
Dividend Gr. 3/5Y13.25% 11.75%
Payout19.46%
Employees22888
IPONov 01, 1982

Ratios

P/E22.61
Forward P/E15.02
PEG2.11
P/S3.43
P/B1.86
P/C21.55
P/FCF15.92
EV/EBITDA11.92
EV/Sales4.44
Quick Ratio1.14
Current Ratio1.14
Debt/Eq0.64
LT Debt/Eq0.61
Option/ShortYes / Yes

Earnings

EPS (ttm)3.16
EPS next Y4.75
EPS next Q0.89
EPS this Y4.01%
EPS next Y7.29%
EPS next 5Y7.12%
EPS past 3/5Y10.13% 13.38%
Sales past 3/5Y18.26% 17.72%
EPS Y/Y TTM8.89%
Sales Y/Y TTM26.10%
EPS Q/Q-0.74%
Sales Q/Q7.41%
EarningsOct 26 AMC
EPS/Sales Surpr.-1.46% -1.89%

Ownership

Insider Own14.70%
Insider Trans0.00%
Inst Own86.15%
Inst Trans-3.44%
ROA4.09%
ROE9.63%
ROIC5.95%
Gross Margin92.42%
Oper. Margin29.69%
Profit Margin17.40%
SMA200.90%
SMA506.69%
SMA2007.57%
Trades-

Technical

Shs Outstand327.00M
Shs Float282.95M
Short Float5.78%
Short Ratio7.11
Short Interest16.36M
52W High82.57 -13.55%
52W Low53.81 32.66%
Volatility2.86% 3.02%
ATR (14)2.30
RSI (14)55.04
Beta0.52
Rel Volume0.64
Avg Volume2.30M
Volume1,463,066

Performance

Perf Week-3.38%
Perf Month11.46%
Perf Quarter-0.31%
Perf Half Y31.28%
Perf YTD-10.43%
Perf Year-10.81%
Perf 3Y-2.00%
Perf 5Y12.09%
Perf 10Y264.70%
Recom2.52
Target Price74.94
Prev Close71.89
Price71.39
Change %-0.70%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 12, 2026UpgradeKKeefe BruyetteMkt Perform → Outperform$77+7.9%
Oct 07, 2026InitiatedOOppenheimerOutperform$73+2.3%
Jul 29, 2026DowngradeCCitigroupBuy → Neutral$79+10.7%
Jul 06, 2026DowngradeMMorgan StanleyEqual-Weight → Underweight$55-23.0%
May 21, 2026InitiatedCCitizensMkt Outperform$70-1.9%
May 06, 2026UpgradeCCitigroupNeutral → Buy$70-1.9%
Mar 17, 2026InitiatedRRBC Capital MktsSector Perform$76+6.5%
Feb 27, 2026UpgradeMMizuhoNeutral → Outperform$85+19.1%
Jan 29, 2026UpgradeKKeefe BruyetteUnderperform → Mkt Perform$73+2.3%
Jan 28, 2026DowngradeCCitigroupBuy → Neutral$83+16.3%

Peers

Mkt cap
TickerCompanyMkt cap
AJGArthur J. Gallagher & Co72.31B
MRSHMarsh98.68B
AONAon Plc71.40B
WTWWillis Towers Watson Public Limited Co30.82B
RYANRyan Specialty Holdings Inc11.79B
BWINBaldwin Insurance Group Inc4.48B
TWFGTWFG Inc1.46B
GSHDGoosehead Insurance Inc1.64B
ERIEErie Indemnity Co12.68B
CRD-ACrawford & Co557.48M

Insider trading

2 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
JOHNSON JOIA MDirectorJun 09 '26Buy58.0586049,923860Jun 10 05:00 PM
PROCTOR H PALMER JRDirectorMay 05 '26Buy57.102,000114,20047,621May 06 05:00 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B
NOBLProShares S&P 500 Dividend Aristocrats ETFAUM: 12.29B
VTVVanguard Morningstar Value ETFAUM: 196.23B
XLFState Street Financial Select Sector SPDR ETFAUM: 54.05B
VOTVanguard Morningstar Mid-Cap Growth ETFAUM: 18.66B

News

latest 14 of 97
  • Brown & Brown, Inc. earns 2027 Military Friendly Employer designation and Silver Award (GlobeNewswire)
  • The Healthcare Cost Crisis is Reshaping Employer Benefits Strategies, Brown & Brown Survey Reveals (GlobeNewswire)
  • Brown & Brown, Inc. Certified by Great Place to Work for the eighth consecutive year; included on the 2026 Fortune Best Workplaces for Women and Best Workplaces in Financial Services & Insurance lists for the sixth year (GlobeNewswire)
  • Brown & Brown Misses As Specialty Distribution Guidance Flips Negative, Offsetting Retail Acceleration And Higher Accession Synergies (Earnings Whispers)
  • Brown & Brown: Q3 Earnings Snapshot (Associated Press)
  • Introducing Brown & Brown COMPASS, a connected intelligence ecosystem designed to improve insurance decision-making (GlobeNewswire) +5.61%
  • Brown & Brown, Inc. announces 9% increase in quarterly cash dividend rate (GlobeNewswire)
  • Top Research Reports for UnitedHealth, ServiceNow & 3M (Zacks)
  • Salesforce upgraded, Adobe downgraded: Wall Street's top analyst calls (The Fly)
  • Marcus & Millichap and Brown & Brown Expand Preferred Partner Relationship into Canada (Business Wire)
  • Brown & Brown named one of the 2026 Healthiest 100 Workplaces in America (GlobeNewswire)
  • Flutter upgraded, AppFolio downgraded: Wall Street's top analyst calls (The Fly)
  • Brown & Brown, Inc. announces 2026 third-quarter earnings release and conference call dates (GlobeNewswire)
  • Financial Executives International Welcomes Brown & Brown as its newest Strategic Partner (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-261.0701.0860.6701,7251,75820
2026Q22026-07-271.0701.0820.8351,6761,71418
2026Q12026-04-271.3901.3621.0591,9011,88917
2025Q42026-01-260.9300.9030.5901,6071,65016
2025Q32025-10-271.0500.9440.6781,6061,54613
2025Q22025-07-281.0300.9860.7781,2851,27913
2025Q12025-04-281.2901.2911.1471,4041,41013
2024Q42025-01-270.8600.7670.7291,1841,12112
2024Q32024-10-280.9100.8810.8131,1861,16213
2024Q22024-07-220.9300.8780.8981,1781,14413
2024Q12024-04-221.1401.0691.0211,2581,21713
2023Q42024-01-230.5800.5300.9391,026985.4313
2023Q32023-10-230.7100.6180.6161,0681,03612
2023Q22023-07-240.6800.5970.6691,047997.5112
2023Q12023-04-240.8400.8180.8291,1161,06512
2022Q42023-01-230.5000.4560.513901.489812

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2018FY1.1801.2281.2191,9962,007
2019FY1.4001.3821.4042,3922,378
2020FY1.6701.6431.6872,6132,595
2021FY2.1902.1602.0703,0513,038
2022FY2.2802.2372.3663,5733,570
2023FY2.8102.7593.0534,2574,217
2024FY3.8403.7613.4544,8054,747
2025FY4.2604.2493.1605,9025,946
2026FY-4.431--6,906
2027FY-4.754--7,147
2028FY-5.236--7,539
2029FY-6.027--8,200

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-02150141,5981,5731,667
2026Q4S2026-10-30140141,5971,5731,667
2026Q4S2026-10-2914091,6151,5731,667
2026Q4S2026-10-2714081,6171,5731,667
2026Q4S2026-10-2614001,6511,6131,740
2026Q4S2026-10-1414001,6511,6131,740
2026Q4S2026-10-1214101,6511,6131,740
2026Q4S2026-10-1114101,6511,6131,740
2026Q4S2026-10-0914141,6511,6131,740
2026Q4S2026-10-0513141,6441,6131,685
2026Q4S2026-09-3012141,6441,6131,685
2026Q4S2026-09-2912141,6451,6131,685
2026Q4S2026-08-0212141,6441,6131,685
2026Q4S2026-07-3112151,6441,6131,685

Estimate history

EPS, annual1.4051.2191.4041.6872.072.3663.0533.4543.163.1574
Period201720182019202020212022202320242025TTM
EPS, quarterly0.8130.7291.1470.7780.6780.591.0590.8350.673
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1879.1472012.0462382.1712610.9753041.7983568.94257.1480559026909
Period201720182019202020212022202320242025TTM
Sales, quarterly118611841404128516061607190116761725
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual276.211279.583281.655283.004282.496283.2284.6286336327
Period201720182019202020212022202320242025MRQ
Shares, quarterly286286287330337336335330327
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue6,909.005,902.004,805.004,257.103,568.903,041.802,610.972,382.172,012.05
Total Expenses4,858.004,207.003,338.002,988.202,525.802,122.051,937.151,813.971,510.41
Operating Income2,051.001,695.001,467.001,268.901,043.10919.74673.83568.20501.64
Unusual Expense94.0025.002.0076.1034.80111.14-4.46-1.372.97
Net Income Before Taxes1,557.001,371.001,303.001,146.10876.10762.82624.10525.93462.46
Income Taxes332.00304.00301.00275.60204.30175.72143.62127.42118.21
Consolidated Net Income1,209.001,056.00990.00857.20659.10574.16465.29385.64335.96
Net Income From Continuing Operations1,202.001,043.00981.00857.20659.10574.16465.29385.64335.96
Net Income1,202.001,043.00981.00857.20659.10574.16465.29385.64335.96
EPS (Recurring)3.413.223.463.242.452.351.681.401.23
EPS (Basic, Before Extraordinaries)3.653.363.483.072.382.081.701.421.24
EPS (Diluted)3.163.163.453.052.372.071.691.401.22
Non-Operating Income (Expense)-1.00-2.0031.00143.309.0019.204.7920.024.38
Other After Tax Adjustments-16.00-11.00-12.00-13.30-12.70-12.94-15.20-12.87-8.30
Stock Option Compensation Expense-73.47101.0091.0052.2244.5443.6234.3124.47
Price To Earnings Ratio22.6122.611.741.691.69----
Price To Sales Ratio2.914.236.034.694.456.415.014.553.77
Gross Margin92.4293.7895.3895.1694.7994.9794.8494.6094.56
Operating Margin29.6928.7230.5329.8129.2330.2425.8123.8524.93
Net Margin17.4017.6720.4220.1418.4718.8817.8216.1916.70
Shares Outstanding327.00336.00286.00284.60283.20282.50283.00281.65279.58
Market Capitalization23,679.4923,679.491,823.341,264.861,264.86----

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,725.001,676.001,901.001,607.001,606.001,285.001,404.001,184.00
Total Expenses1,255.001,160.001,265.001,178.001,184.00912.00933.00853.00
Operating Income470.00516.00636.00429.00422.00373.00471.00331.00
Unusual Expense50.0032.005.007.0011.0011.00-4.0011.00
Net Income Before Taxes320.00383.00533.00321.00311.00311.00427.00275.00
Income Taxes79.0094.00106.0053.0082.0077.0093.0063.00
Consolidated Net Income237.00285.00422.00265.00227.00231.00330.00209.00
Net Income From Continuing Operations236.00284.00421.00261.00225.00228.00327.00207.00
Net Income236.00284.00421.00261.00225.00228.00327.00207.00
EPS (Recurring)0.780.901.070.600.700.801.140.76
EPS (Basic, Before Extraordinaries)0.730.861.270.780.680.781.160.73
EPS (Diluted)0.670.841.060.590.680.781.150.73
Non-Operating Income (Expense)0.00-1.001.00-1.000.000.00-2.001.00
Other After Tax Adjustments-4.00-4.00-5.00-3.00-2.00-3.00-4.00-3.00
Stock Option Compensation Expense52.9318.1720.54-51.3518.1722.915.41
Price To Earnings Ratio22.6120.6620.4223.9227.057.738.991.74
Price To Sales Ratio2.913.163.434.585.686.427.166.03
Gross Margin92.5892.3693.0091.6093.3495.2595.4495.02
Operating Margin27.2530.7933.4626.7026.2829.0333.5527.96
Net Margin13.6816.9522.1516.2414.0117.7423.2917.48
Shares Outstanding327.00330.00335.00336.00337.00330.00287.00286.00
Market Capitalization23,679.4921,743.5122,198.7927,211.2530,935.979,033.028,914.131,823.34

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1,079.00685.00711.30662.001,483.151,290.25975.30790.46849.05
Short Term Receivables3,600.003,538.002,039.502,355.301,279.291,142.721,001.34910.211,024.22
Investment Securities0.000.000.000.000.000.000.000.000.00
Securities In Custody0.000.000.000.000.000.000.000.000.00
Investments0.0019.0021.0022.4030.9724.9727.3817.3913.95
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Net Property, Plant & Equipment636.00519.00469.10454.80409.07388.11332.92100.3977.09
Deferred Tax Assets662.00191.00175.30136.40136.29134.69113.6253.0552.88
Other Intangible Assets24,676.0012,851.0011,642.5010,479.006,592.966,120.445,285.894,870.203,783.24
Total Assets30,653.0017,803.0015,058.7014,109.909,931.739,101.187,736.446,741.725,800.43
Total Debt7,918.004,060.004,019.604,183.002,246.352,312.381,766.611,506.99976.14
Long Term Debt7,137.003,788.003,405.503,887.402,160.412,198.841,668.201,456.99856.14
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1,477.00902.00791.50720.40523.08478.91441.90368.78309.07
Other Liabilities8,685.006,404.004,668.804,599.902,965.402,555.662,177.651,865.381,932.53
Total Liabilities18,080.0011,366.009,479.909,503.305,734.845,346.964,386.163,741.153,217.73
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity12,547.006,420.005,578.804,606.604,196.893,754.223,350.283,000.572,582.70
Total Shareholders Equity12,547.006,420.005,578.804,606.604,196.893,754.223,350.283,000.572,582.70
Accumulated Minority Interest26.0017.000.000.000.000.000.000.000.00
Total Equity12,573.006,437.005,578.804,606.604,196.893,754.223,350.283,000.572,582.70
Total Liabilities & Stockholders Equity30,653.0017,803.0015,058.7014,109.909,931.739,101.187,736.446,741.725,800.43
Book Value Per Share37.3422.4519.6016.2714.8613.2711.8910.739.35
Tangible Book Value Per Share-22.16-11.76-11.89-12.93-5.74-5.98-4.66-4.76-2.80
Full-Time Employees22,88817,40316,15215,20112,02311,13610,0839,5908,491
Price to Book Ratio1.860.280.240.24-----
Return on Assets4.305.975.885.486.035.535.335.367.00
Return on Equity11.0016.3516.8314.9714.4413.1012.1412.0315.78
Return on Invested Capital5.309.619.547.769.037.827.687.5411.34
Quick Ratio1.041.101.031.091.251.261.221.221.13
Current Ratio1.041.101.031.091.251.261.221.221.13

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations1,794.001,497.001,279.001,035.10897.30850.43683.52577.39492.27
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-210.00-47.00-105.00-25.60-15.9092.0438.13100.7975.25
Cash from Operating Activities1,584.001,450.001,174.001,009.50881.40942.47721.65678.18567.53
Capital Expenditures-97.00-68.00-82.00-68.90-52.60-45.05-70.70-73.11-41.52
Net Assets From Acquisitions-236.00-7,854.00-890.00-630.70-1,927.70-366.78-694.84-353.04-923.87
Sale of Fixed Assets and Businesses2.009.0070.00106.6060.4016.739.6221.594.98
Purchase or Sale of Investments-1.00-1.004.006.007.30-1.59-3.14-9.038.64
Purchase of Investments-1.00-1.00-7.00-7.20-0.10-12.38-14.17-17.52-9.28
Sale Or Maturity of Investments0.000.0011.0013.207.4010.7911.038.4917.92
Other Uses-6.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities-338.00-7,914.00-898.00-587.00-1,912.60-396.68-759.07-413.58-951.77
Cash Dividends Paid-225.00-193.00-154.00-135.00-119.50-107.23-100.59-91.34-84.69
Change in Capital Stock-828.004,221.00-11.00-0.10-85.30-48.54-24.99-33.67-71.82
Repurchase of Common Pref Stock-880.00-142.00-55.00-39.90-122.90-82.56-55.09-58.67-91.25
Sale of Common Pref Stock52.004,363.0044.0039.8037.6034.0330.1025.0019.43
Proceedsfrom Stock Options0.004,315.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net20.003,781.0025.00-150.601,915.30-73.12538.2446.30530.00
Change in Long Term Debt20.003,781.0025.00-150.601,915.30-73.12538.2446.30530.00
Issuance of Long Term Debt223.004,606.001,094.00420.002,326.60-943.24446.30900.00
Reduction of Long Term Debt-203.00-825.00-1,069.00-570.60-411.30-73.12-405.00-400.00-370.00
Net Financing Active Other Cash Flow328.00-96.0076.0099.0014.90-112.30-66.30-0.50-34.96
Other Financing Activities Uses281.00-143.00-117.00-89.50-81.30-112.30-66.30-20.50-34.96
Cash from Financing Activities-1,127.007,713.00-64.00-186.701,725.40-343.88346.36-79.22337.75
Exchange Rate Effect-31.0064.00-13.0033.90-131.20-3.57---
Net Change in Cash88.001,313.00199.00269.70563.00198.34308.94185.38-46.49
Free Cash Flow1,487.001,382.001,092.00940.60828.80897.42650.95605.07526.01
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow15.9220.9830.8924.7922.3824.6723.7621.1017.21

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1,099.00918.001,003.001,079.001,190.008,893.00
Short Term Receivables3,414.003,770.003,740.003,600.003,408.002,652.00
Investments0.000.000.000.000.000.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Net Property, Plant & Equipment693.00642.00633.00636.00635.00532.00
Deferred Tax Assets---662.00--
Other Intangible Assets24,242.0024,557.0024,324.0024,676.0024,121.0013,559.00
Total Assets29,448.0029,887.0029,700.0030,653.0029,354.0025,636.00
Total Debt8,095.008,066.008,119.007,918.008,033.007,777.00
Long Term Debt7,625.007,594.006,822.007,137.007,896.007,656.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities937.00925.00899.001,477.00857.00721.00
Other Liabilities7,815.008,288.008,069.008,685.008,057.005,521.00
Total Liabilities16,847.0017,279.0017,087.0018,080.0016,947.0014,019.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity12,583.0012,583.0012,589.0012,547.0012,386.0011,594.00
Total Shareholders Equity12,583.0012,583.0012,589.0012,547.0012,386.0011,594.00
Accumulated Minority Interest18.0025.0024.0026.0021.0023.00
Total Equity12,601.0012,608.0012,613.0012,573.0012,407.0011,617.00
Total Liabilities & Stockholders Equity29,448.0029,887.0029,700.0030,653.0029,354.0025,636.00
Book Value Per Share38.4838.1337.5837.3436.7535.13
Tangible Book Value Per Share-21.63-21.62-21.70-22.16-22.134.13
Full-Time Employees---22,888--
Price to Book Ratio1.861.711.752.172.671.17
Return on Assets4.094.294.894.304.214.78
Return on Equity9.639.8511.7010.9810.4711.27
Return on Invested Capital1.171.412.171.331.111.18
Quick Ratio1.141.131.021.041.182.75
Current Ratio1.141.131.021.041.182.75

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations436.00425.00594.00339.00403.00338.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital96.00-79.00-332.00105.0065.00-13.00
Cash from Operating Activities532.00346.00262.00444.00468.00325.00
Capital Expenditures-39.00-17.00-21.00-20.00-16.00-15.00
Net Assets From Acquisitions-11.00-13.00-17.00-195.00-7,498.00-94.00
Sale of Fixed Assets and Businesses0.003.000.00-1.000.001.00
Purchase or Sale of Investments0.000.000.00-1.000.000.00
Purchase of Investments0.000.000.00-1.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-4.00-6.000.004.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-54.00-33.00-38.00-213.00-7,514.00-108.00
Cash Dividends Paid-57.00-55.00-57.00-56.00-51.00-43.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-206.00-251.00-276.00-95.0042.004,314.00
Repurchase of Common Pref Stock-253.00-251.00-276.00-100.00-1.00-1.00
Sale of Common Pref Stock47.000.000.005.0043.004,315.00
Proceedsfrom Stock Options0.000.000.000.000.004,315.00
Issuance or Reduction of Debt, Net-3.00-65.00206.00-118.00181.003,737.00
Change in Long Term Debt-3.00-65.00206.00-118.00181.003,737.00
Issuance of Long Term Debt0.00-3.00225.001.00299.004,156.00
Reduction of Long Term Debt-3.00-62.00-19.00-119.00-118.00-419.00
Net Financing Active Other Cash Flow225.00199.00-227.00131.00-302.00191.00
Other Financing Activities Uses225.00199.00-227.0084.00-182.0071.00
Cash from Financing Activities-463.00-172.00-354.00-138.00-130.008,199.00
Exchange Rate Effect-2.000.00-27.00-2.00-19.0063.00
Net Change in Cash13.00141.00-157.0091.00-7,195.008,479.00
Free Cash Flow493.00329.00241.00424.00452.00310.00
Price to Free Cash Flow15.9217.4618.0122.7227.8329.56

Revenue breakdown

Consolidation, Policy2024: 100.00M 2025: 139.00M
Core Commission2024: 3.28B 2025: 3.94B
Earned premium2024: 77.00M 2025: 83.00M
Fee2024: 992.00M 2025: 1.28B
Other Supplemental Commissions2024: 188.00M 2025: 206.00M
Profit Sharing Contingent Commission2024: 166.00M 2025: 255.00M
Other countries2024: 120.00M 2025: 244.00M
United Kingdom2024: 545.00M 2025: 599.00M
United States2024: 4.14B 2025: 5.06B
Consolidation, Policy2024: 60.00M 2025: 87.00M
Retail2024: 2.73B 2025: 3.41B
Specialty Distribution2024: 2.02B 2025: 2.41B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-305.78%16.4M283.0M2.25M
2026-10-155.70%16.3M285.4M2.31M
2026-09-304.96%14.1M285.4M2.29M
2026-09-154.82%13.8M285.4M2.44M
2026-08-314.87%13.9M285.4M2.65M
2026-08-144.98%14.2M285.4M2.86M
2026-07-315.81%16.6M285.4M3.21M
2026-07-156.48%18.8M289.1M3.13M
2026-06-306.53%18.9M289.1M3.17M
2026-06-155.82%16.8M288.3M3.28M
2026-05-295.65%16.3M289.1M3.23M
2026-05-155.59%16.2M289.1M3.33M
2026-04-306.32%18.3M289.2M3.38M
2026-04-156.37%18.4M289.7M3.47M
2026-03-316.41%18.6M290.6M3.51M
2026-03-136.22%18.1M290.6M3.21M
2026-02-276.10%17.7M290.6M3.13M
2026-02-135.79%16.8M290.6M2.95M
2026-01-305.40%15.7M291.5M2.73M
2026-01-154.64%13.5M291.5M2.82M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call35.0034.4038.3028.384.0190.000.000.989-0.0410.003
call40.0029.4033.3023.623.3990.000.000.987-0.0400.004
call45.0024.4028.6018.642.9980.000.000.984-0.0400.004
call50.0019.6023.6012.102.4840.000.000.940-0.1220.013
call55.0014.4018.408.951.9352630.000.925-0.1140.016
call60.009.3012.8011.201.2885.000.000.902-0.1040.019
call65.005.308.008.401.1161450.000.848-0.0960.026
call70.001.153.903.060.7161,1810.000.590-0.1910.043
call75.000.151.200.280.3335844.000.240-0.0850.035
call80.000.000.200.150.50654.000.000.081-0.0480.017
call85.000.002.150.200.7015.000.000.062-0.0540.014
call90.000.002.150.050.8751.000.000.052-0.0580.012
call95.000.002.150.001.0320.000.000.045-0.0620.011
call1000.002.150.001.1770.000.000.040-0.0640.010
put35.000.002.150.002.1210.000.00-0.011-0.0380.003
put40.000.002.150.001.7880.000.00-0.013-0.0380.004
put45.000.000.100.051.40620.000.00-0.016-0.0330.005
put50.000.002.150.051.5575.000.00-0.056-0.1090.012
put55.000.002.150.051.21578.000.00-0.070-0.1020.015
put60.000.000.750.050.91726.000.00-0.098-0.0990.019
put65.000.100.500.200.5922800.00-0.149-0.0880.026
put70.000.152.850.790.8022920.00-0.410-0.1850.043
put75.002.505.304.320.70674.000.00-0.759-0.0780.035
put80.006.7010.705.171.1450.000.00-0.919-0.0410.017
put85.0011.7015.000.001.2210.000.00-0.938-0.0470.014
put90.0016.7020.600.001.6470.000.00-0.948-0.0500.012
put95.0021.7025.600.001.8670.000.00-0.955-0.0530.011
put10026.8030.500.002.0330.000.00-0.959-0.0550.010

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-2610-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-268-KCurrent report2026-10-26SEC
2026-10-228-KCurrent report2026-10-21SEC
2026-09-234Statement of changes in beneficial ownership of securities2026-09-21SEC
2026-09-108-KCurrent report2026-09-09SEC
2026-08-108-KCurrent report2026-08-10SEC
2026-08-06SCHEDULE 13GSEC
2026-07-2710-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-278-KCurrent report2026-07-27SEC
2026-06-2511-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-104Statement of changes in beneficial ownership of securities2026-06-09SEC
2026-06-058-KCurrent report2026-06-05SEC
2026-05-14SCHEDULE 13G/ASEC
2026-05-08S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-05-07S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-05-078-KCurrent report2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-05SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-05-064Statement of changes in beneficial ownership of securities2026-05-06SEC
2026-04-29SCHEDULE 13GSEC
2026-04-2710-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-0649.92K100
2026-05114.20K100
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.6.52%
FMR LLC5.63%
VANGUARD CAPITAL MANAGEMENT LLC5.59%
VANGUARD PORTFOLIO MANAGEMENT LLC4.32%
STATE STREET CORP4.28%
Capital World Investors4.27%
PRINCIPAL FINANCIAL GROUP INC3.53%
First Eagle Investment Management, LLC3.52%
GEODE CAPITAL MANAGEMENT, LLC2.40%
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.1.98%

Funds

Fund% owned
Baird Aggregate Bond Fund10.85%
Putnam Ultra Short Duration Income Fund9.13%
Franklin Managed Income Fund7.38%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND6.78%
MFS Income Fund6.71%
VANGUARD ULTRA-SHORT-TERM BOND FUND6.65%
Navigator Tactical Fixed Income Fund5.98%
First Trust Enhanced Short Maturity ETF5.98%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND5.17%
VANGUARD ULTRA-SHORT BOND ETF4.77%

OakChart. BRO. Cached 15 minutes.