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Upturn AI SWOT - About
BRO 
Brown & Brown Inc (BRO)
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Upturn Advisory Summary
07/02/2025: BRO (4-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Number of Analysts
12 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $119.1
1 Year Target Price $119.1
| 3 | Strong Buy |
| 2 | Buy |
| 6 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 43.97% | Avg. Invested days 65 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/02/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 35.93B USD | Price to earnings Ratio 30.34 | 1Y Target Price 119.1 |
Price to earnings Ratio 30.34 | 1Y Target Price 119.1 | ||
Volume (30-day avg) 12 | Beta 0.84 | 52 Weeks Range 88.76 - 125.51 | Updated Date 07/1/2025 |
52 Weeks Range 88.76 - 125.51 | Updated Date 07/1/2025 | ||
Dividends yield (FY) 0.54% | Basic EPS (TTM) 3.59 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 21.21% | Operating Margin (TTM) 32.63% |
Management Effectiveness
Return on Assets (TTM) 5.68% | Return on Equity (TTM) 16.52% |
Valuation
Trailing PE 30.34 | Forward PE 26.39 | Enterprise Value 39889842720 | Price to Sales(TTM) 7.39 |
Enterprise Value 39889842720 | Price to Sales(TTM) 7.39 | ||
Enterprise Value to Revenue 8.22 | Enterprise Value to EBITDA 22.2 | Shares Outstanding 329816992 | Shares Floating 244974952 |
Shares Outstanding 329816992 | Shares Floating 244974952 | ||
Percent Insiders 13.49 | Percent Institutions 69.21 |
Upturn AI SWOT
Brown & Brown Inc
Company Overview
History and Background
Brown & Brown, Inc. was founded in 1939 in Daytona Beach, Florida, by J. Hyatt Brown and his father, Emmett Brown. Initially a small insurance agency, it has grown through organic expansion and strategic acquisitions to become a leading insurance brokerage firm.
Core Business Areas
- Retail Segment: Provides a range of insurance products and services to businesses, public entities, and individuals. These offerings include property, casualty, employee benefits, and other specialty lines.
- Wholesale Brokerage Segment: Offers specialized insurance products and services to independent agents and brokers. This segment focuses on providing access to unique insurance markets and expertise.
- Services Segment: Delivers a variety of claims administration, risk management, and other related services to both internal and external clients. Offerings include third-party administration, managed care, and consulting services.
Leadership and Structure
Powell Brown serves as the President and CEO. The company operates with a decentralized structure, empowering local offices and teams to serve their clients effectively, while corporate provides support and resources.
Top Products and Market Share
Key Offerings
- Commercial Lines Insurance: Provides insurance coverage for businesses, including property, casualty, and liability. The insurance brokerage market is fragmented, and Brown & Brown's market share is a piece of this very large market. Competitors include Marsh & McLennan (MMC), Aon (AON), and Willis Towers Watson (WTW).
- Employee Benefits: Offers employee benefits solutions, including health, dental, and vision insurance, as well as retirement plans. Competitors include Mercer, Aon (AON), and Willis Towers Watson (WTW).
- Personal Lines Insurance: Provides personal insurance products such as auto, home, and umbrella insurance. Competitors include State Farm, Progressive (PGR), and Geico.
Market Dynamics
Industry Overview
The insurance brokerage industry is characterized by increasing consolidation, technological advancements, and evolving regulatory requirements. Demand is driven by economic growth, population trends, and increasing risk awareness.
Positioning
Brown & Brown is a leading player in the insurance brokerage industry, known for its decentralized structure, strong client relationships, and focus on niche markets. Its competitive advantage lies in its local expertise and customized solutions.
Total Addressable Market (TAM)
The global insurance brokerage market is estimated to be in the hundreds of billions of dollars. Brown & Brown is positioned to capture a share of this TAM through organic growth and acquisitions.
Upturn SWOT Analysis
Strengths
- Decentralized operating model
- Strong client relationships
- Proven acquisition strategy
- Diverse revenue streams
- Experienced management team
Weaknesses
- Integration risks associated with acquisitions
- Reliance on economic conditions
- Exposure to regulatory changes
- High debt levels
Opportunities
- Continued consolidation in the insurance brokerage industry
- Expansion into new geographic markets
- Development of innovative insurance products and services
- Increased demand for risk management services
Threats
- Intense competition
- Economic downturn
- Rising insurance premiums
- Cybersecurity risks
- Changes in regulations
Competitors and Market Share
Key Competitors
- MMC
- AON
- WTW
- AJG
- HUBG
Competitive Landscape
Brown & Brown competes with larger global brokers like MMC and AON, as well as regional players like AJG and HUBG. Brown & Brown's decentralized model and niche focus give it a competitive edge in certain markets.
Major Acquisitions
Gabb Group
- Year: 2023
- Acquisition Price (USD millions): 270
- Strategic Rationale: Expanded Brown & Brown's presence in the Southeast and added expertise in commercial insurance.
Special Risk Services, LLC
- Year: 2024
- Acquisition Price (USD millions): 7.5
- Strategic Rationale: Strengthened Brown & Brown's wholesale brokerage segment and expanded its product offerings.
Growth Trajectory and Initiatives
Historical Growth: Brown & Brown has grown consistently through organic growth and acquisitions, increasing its revenue and market share.
Future Projections: Analyst estimates project continued growth for Brown & Brown, driven by its acquisition strategy and strong client relationships.
Recent Initiatives: Recent initiatives include strategic acquisitions, investments in technology, and expansion into new markets.
Summary
Brown & Brown is a strong player in the insurance brokerage industry with a proven acquisition strategy and decentralized model. Its diverse revenue streams and focus on niche markets contribute to its resilience. However, the company faces integration risks from acquisitions and exposure to economic downturns. Careful management of these risks will be crucial for future success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, Analyst reports, Market research reports
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market data can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Brown & Brown Inc
Exchange NYSE | Headquaters Daytona Beach, FL, United States | ||
IPO Launch date 1992-03-03 | CEO, President & Director Mr. J. Powell Brown C.P.C.U. | ||
Sector Financial Services | Industry Insurance Brokers | Full time employees 17403 | Website https://www.bbrown.com |
Full time employees 17403 | Website https://www.bbrown.com | ||
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents; and program management services for insurance carrier partners. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.
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