Buyback yield (TTM)
1.55%
Shareholder yield (TTM)
2.51%
5Y share count change
13.5%
Buyback spend (TTM)
$336.00M
Cumulative buybacks
$1.12B
Key takeaways
- Brown & Brown (BRO) repurchased about $336.00M of stock over the trailing twelve months.
- Diluted share count is up 13.5% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 2.26× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +0.7% per year over the latest 5-year window.
- TTM repurchases used about 27% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Brown & Brown (BRO)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Brown & Brown (BRO)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Brown & Brown (BRO)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Brown & Brown (BRO)
Latest: $100.00M
Overview
In 2025, Brown & Brown (BRO) buyback spend totalled $100.00M – surged 81.8% year-over-year.
Across 2020–2025 (5 years), Brown & Brown buyback spend produced a CAGR of +0.7% – sustaining 2 straight years of year-over-year growth.
Brown & Brown buyback spend peaked at $163.75M in 2015; the latest annual figure is $100.00M in 2025 (38.9% below peak).
$163.75M stands as the all-time-high annual buyback spend, posted in 2015, against a low of $0.00 during 1991.
Brown & Brown Buyback Spend 2025: $100.00M
In 2025, Brown & Brown reported buyback spend of $100.00M, surged 81.8% from 2024.
Brown & Brown Buyback Spend 2024: $55.00M
Brown & Brown buyback spend in 2024 was $55.00M, surged 37.5% from 2023.
Brown & Brown Buyback Spend 2023: $40.00M
2023's buyback spend for Brown & Brown came in at $40.00M, plunged 67.5% below 2022.
Brown & Brown Buyback Spend 2022: $123.00M
Brown & Brown posted buyback spend of $123.00M in 2022, declined 7.1% below 2021.
Brown & Brown Buyback Spend 2021: $132.40M
Brown & Brown buyback spend in 2021 was $132.40M.
See more financial history for Brown & Brown (BRO).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $100.00M | $93.00M | $7.00M | 0.38% | 0.31B | +10.2% | |
| 2024 | $55.00M | $101.00M | −$46.00M | 0.19% | 0.28B | +1.1% | |
| 2023 | $40.00M | $89.00M | −$49.00M | 0.20% | 0.28B | +0.8% | |
| 2022 | $123.00M | $66.00M | $57.00M | 0.78% | 0.28B | +0.4% | |
| 2021 | $132.40M | $61.00M | $71.40M | 0.68% | 0.28B | +0.6% | |
| 2020 | $96.40M | $59.70M | $36.70M | 0.74% | 0.28B | +0.5% | |
| 2019 | $58.67M | $46.99M | $11.68M | 0.55% | 0.27B | -2.7% | |
| 2018 | $91.25M | $33.52M | $57.73M | 1.21% | 0.28B | +1.7% | |
| 2017 | $128.64M | $30.63M | $98.01M | 1.85% | 0.28B | +0.7% | |
| 2016 | $18.91M | $16.05M | $2.86M | 0.31% | 0.28B | -1.6% | |
| 2015 | $163.75M | $15.51M | $148.24M | 3.69% | 0.28B | -1.9% | |
| 2014 | $75.03M | $19.36M | $55.66M | 1.63% | 0.29B | +0.2% | |
| 2013 | $0.00 | $22.60M | −$22.60M | — | 0.29B | +0.4% | |
| 2012 | $0.00 | $15.87M | −$15.87M | — | 0.28B | +1.2% | |
| 2011 | $0.00 | $11.19M | −$11.19M | — | 0.28B | +0.7% | |
| 2010 | $0.00 | $6.84M | −$6.84M | — | 0.28B | +1.3% | |
| 2009 | $0.00 | $7.36M | −$7.36M | — | 0.28B | -2.9% | |
| 2008 | $0.00 | $7.31M | −$7.31M | — | 0.28B | +3.8% | |
| 2007 | $0.00 | $5.67M | −$5.67M | — | 0.27B | -3.3% | |
| 2006 | $0.00 | $5.42M | −$5.42M | — | 0.28B | +0.9% | |
| 2005 | $0.00 | $3.34M | −$3.34M | — | 0.28B | +0.6% | |
| 2004 | $0.00 | $2.63M | −$2.63M | — | 0.28B | +0.8% | |
| 2003 | $2.33M | $2.27M | $62.00K | 0.10% | 0.28B | +1.3% | |
| 2002 | $10.14M | $0.00 | $10.14M | 0.47% | 0.27B | +7.6% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.25B | -48.9% | |
| 2000 | $5.54M | $0.00 | $5.54M | — | 0.49B | +45.9% | |
| 1999 | $1.15M | $0.00 | $1.15M | — | 0.34B | -25.4% | |
| 1998 | $9.23M | $0.00 | $9.23M | — | 0.45B | +38.7% | |
| 1997 | $5.86M | $0.00 | $5.86M | — | 0.33B | +141.6% | |
| 1996 | $1.80M | $0.00 | $1.80M | — | 0.14B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $55.00K | $0.00 | $55.00K | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $100.00K | $0.00 | $100.00K | — | — | — | |
| 1989 | $100.00K | $0.00 | $100.00K | — | — | — |
- 2025$100.00M
- 2024$55.00M
- 2023$40.00M
- 2022$123.00M
- 2021$132.40M
- 2020$96.40M
- 2019$58.67M
- 2018$91.25M
- 2017$128.64M
- 2016$18.91M
- 2015$163.75M
- 2014$75.03M
- 2013$0.00
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$2.33M
- 2002$10.14M
- 2001$0.00
- 2000$5.54M
- 1999$1.15M
- 1998$9.23M
- 1997$5.86M
- 1996$1.80M
- 1995$0.00
- 1994$55.00K
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$100.00K
- 1989$100.00K
Buybacks vs stock-based compensation for Brown & Brown (BRO)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 2.26×.
Buybacks vs dividends (share of cash returned) for Brown & Brown (BRO)
How Brown & Brown splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Brown & Brown, ranked by their latest buyback spend.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.27B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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