Brown & Brown Inc (BRO, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Brown & Brown Inc is an insurance agent and broker. It offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. Brown & Brown Inc has a market cap of $8.25 billion; its shares were traded at around $29.51 with a P/E ratio of 24.18 and P/S ratio of 4.03. The dividend yield of Brown & Brown Inc stocks is 1.04%. Brown & Brown Inc had annual average EBITDA growth of 7.30% over the past ten years. GuruFocus rated Brown & Brown Inc the business predictability rank of 4.5-star.
For the last quarter Brown & Brown Inc reported a revenue of $507.7 million, compared with the revenue of $473.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2 billion, an increase of 8.2% from last year. For the last five years Brown & Brown Inc had an average revenue growth rate of 7.5% a year.
The reported diluted earnings per share was $1.22 for the year, a decline of 13.2% from the previous year. Over the last five years Brown & Brown Inc had an EPS growth rate of 14.2% a year. The Brown & Brown Inc had a decent operating margin of 24.94%, compared with the operating margin of 26.57% a year before. The 10-year historical median operating margin of Brown & Brown Inc is 27.07%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, Brown & Brown Inc has the cash and cash equivalents of $439.0 million, compared with $573.4 million in the previous year. The long term debt was $1.5 billion, compared with $856.1 million in the previous year. The interest coverage to the debt is at a comfortable level of 12.3. Brown & Brown Inc has a financial strength rank of 6 (out of 10).
At the current stock price of $29.51, Brown & Brown Inc is traded at 30.1% premium to its historical median P/S valuation band of $22.69. The P/S ratio of the stock is 4.03, while the historical median P/S ratio is 3.11. The intrinsic value of the stock is $17.31 a share, according to GuruFocus DCF Calculator. The stock gained 12.78% during the past 12 months.
For the complete 20-year historical financial data of BRO, click here.
