TTM
17.9%
YoY change
−3.41pp
Trough year (1992)
2.5%
Peak year (2017)
21.5%
Latest annual
17.7%
Net Profit Margin history chart for Brown & Brown (BRO) from 1985 to 2025
Latest: 17.7%
Net Profit Margin change chart for Brown & Brown (BRO) from 1985 to 2025
Latest: −3.41pp
Net Profit Margin history table for Brown & Brown (BRO) from 1985 to 2025
| 2025 | 17.7% | -3.41pp | ||
| 2024 | 21.1% | +0.37pp | ||
| 2023 | 20.7% | +1.88pp | ||
| 2022 | 18.9% | -0.41pp | ||
| 2021 | 19.3% | +0.83pp | ||
| 2020 | 18.4% | +1.73pp | ||
| 2019 | 16.7% | -0.42pp | ||
| 2018 | 17.1% | -4.39pp | ||
| 2017 | 21.5% | +6.91pp | ||
| 2016 | 14.6% | -0.08pp | ||
| 2015 | 14.7% | +1.49pp | ||
| 2014 | 13.2% | -2.82pp | ||
| 2013 | 16.0% | +0.54pp | ||
| 2012 | 15.5% | -0.82pp | ||
| 2011 | 16.3% | -0.43pp | ||
| 2010 | 16.7% | +0.89pp | ||
| 2009 | 15.8% | -1.16pp | ||
| 2008 | 17.0% | -2.90pp | ||
| 2007 | 19.9% | +0.27pp | ||
| 2006 | 19.6% | +0.47pp | ||
| 2005 | 19.2% | -0.76pp | ||
| 2004 | 19.9% | -0.26pp | ||
| 2003 | 20.2% | +1.94pp | ||
| 2002 | 18.2% | +3.47pp | ||
| 2001 | 14.8% | +2.41pp | ||
| 2000 | 12.4% | -1.86pp | ||
| 1999 | 14.2% | +0.48pp | ||
| 1998 | 13.7% | +0.51pp | ||
| 1997 | 13.2% | +0.15pp | ||
| 1996 | 13.1% | -0.83pp | ||
| 1995 | 13.9% | +0.60pp | ||
| 1994 | 13.3% | +4.94pp | ||
| 1993 | 8.4% | +5.89pp | ||
| 1992 | 2.5% | -7.00pp | ||
| 1991 | 9.5% | +0.71pp | ||
| 1990 | 8.8% | +1.33pp | ||
| 1989 | 7.5% | -4.36pp | ||
| 1988 | 11.8% | +6.98pp | ||
| 1987 | 4.8% | -8.45pp | ||
| 1986 | 13.3% | +3.19pp | ||
| 1985 | 10.1% | — |
- 202517.7%-3.41pp
- 202421.1%+0.37pp
- 202320.7%+1.88pp
- 202218.9%-0.41pp
- 202119.3%+0.83pp
- 202018.4%+1.73pp
- 201916.7%-0.42pp
- 201817.1%-4.39pp
- 201721.5%+6.91pp
- 201614.6%-0.08pp
- 201514.7%+1.49pp
- 201413.2%-2.82pp
- 201316.0%+0.54pp
- 201215.5%-0.82pp
- 201116.3%-0.43pp
- 201016.7%+0.89pp
- 200915.8%-1.16pp
- 200817.0%-2.90pp
- 200719.9%+0.27pp
- 200619.6%+0.47pp
- 200519.2%-0.76pp
- 200419.9%-0.26pp
- 200320.2%+1.94pp
- 200218.2%+3.47pp
- 200114.8%+2.41pp
- 200012.4%-1.86pp
- 199914.2%+0.48pp
- 199813.7%+0.51pp
- 199713.2%+0.15pp
- 199613.1%-0.83pp
- 199513.9%+0.60pp
- 199413.3%+4.94pp
- 19938.4%+5.89pp
- 19922.5%-7.00pp
- 19919.5%+0.71pp
- 19908.8%+1.33pp
- 19897.5%-4.36pp
- 198811.8%+6.98pp
- 19874.8%-8.45pp
- 198613.3%+3.19pp
- 198510.1%—
Net Profit Margin values are taken from Brown & Brown's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Brown & Brown (BRO)
According to Brown & Brown's latest reported financial statements, the company's latest reported net margin is 17.9%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Brown & Brown (BRO) net margin totalled 17.70% – contracted 3.4 percentage points year-over-year.
21.52% stands as the all-time-high annual net margin, posted in 2017, against a low of 2.48% during 1992.
Brown & Brown Net Profit Margin by Year
Brown & Brown Net Profit Margin 2025: 17.7%
In 2025, Brown & Brown reported net margin of 17.70%, contracted 3.4 percentage points from 2024.
Brown & Brown Net Profit Margin 2024: 21.1%
Brown & Brown net margin in 2024 was 21.11%, expanded 0.4 percentage points from 2023.
Brown & Brown Net Profit Margin 2023: 20.7%
2023's net margin for Brown & Brown came in at 20.73%, expanded 1.9 percentage points from 2022.
Brown & Brown Net Profit Margin 2022: 18.9%
Brown & Brown posted net margin of 18.85% in 2022, contracted 0.4 percentage points from 2021.
Brown & Brown Net Profit Margin 2021: 19.3%
Brown & Brown net margin in 2021 was 19.26%.
See more financial history for Brown & Brown (BRO).
Sector peers by Net Profit Margin
Financial Services peers of Brown & Brown (BRO), ranked by their latest net margin
| 51.7% | |
| 45.9% | |
| 20.7% | |
| 19.3% | |
| 18.1% | |
| 17.3% | |
| 16.3% | |
| 15.1% |
- 51.7%
- 45.9%
- 20.7%
- 17.3%
- 16.3%
- 15.1%
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