Brown & Brown (MEX:BRO) Cyclically Adjusted FCF per Share: MXN56.49 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:BRO Brown & Brown Inc MEX:BRO
89 GF Score
Price MXN1,279.00
GF Value MXN2,005.89
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Brown & Brown Cyclically Adjusted FCF per Share?

Brown & Brown MEX:BRO 89 Cyclically Adjusted FCF per Share is MXN56.49 as of Jun. 2026. GuruFocus rates MEX:BRO with a GF Score™ of 89/100 and a GF Value™ of MXN2,005.89 (Possible Value Trap). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Brown & Brown's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN17.188. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN56.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Brown & Brown's average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Brown & Brown was 34.70% per year. The lowest was 6.50% per year. And the median was 14.65% per year.

As of today (2026-08-02), Brown & Brown's current stock price is MXN1279.00. Brown & Brown's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN56.49. Brown & Brown's Cyclically Adjusted Price-to-FCF of today is 22.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brown & Brown was 44.22. The lowest was 16.49. And the median was 28.09.


Brown & Brown  (MEX:BRO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Brown & Brown's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1279.00/56.49
=22.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brown & Brown was 44.22. The lowest was 16.49. And the median was 28.09.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Brown & Brown Cyclically Adjusted FCF per Share Related Terms


Brown & Brown Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Brown & Brown's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brown & Brown Cyclically Adjusted FCF per Share Chart

Brown & Brown Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 40.94 56.76 56.63

Brown & Brown Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.25 55.58 56.63 58.44 56.49

MEX:BRO vs WTW, ERIE, NP: Cyclically Adjusted FCF per Share Comparison

For the Insurance Brokers subindustry, Brown & Brown's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brown & Brown Cyclically Adjusted Price-to-FCF vs Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Brown & Brown's Cyclically Adjusted Price-to-FCF falls into.


MEX:BRO
89GF Score
Brown & Brown Inc MEX:BRO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brown & Brown Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Brown & Brown's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.188/333.9520*333.9520
=17.188

Current CPI (Jun. 2026) = 333.9520.

Brown & Brown Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 5.335 241.428 7.380
201612 6.498 241.432 8.988
201703 5.891 243.801 8.069
201706 11.321 244.955 15.434
201709 2.577 246.819 3.487
201712 8.325 246.524 11.277
201803 4.595 249.554 6.149
201806 13.409 251.989 17.770
201809 4.664 252.439 6.170
201812 14.221 251.233 18.903
201903 -1.258 254.202 -1.653
201906 20.186 256.143 26.318
201909 9.275 256.759 12.063
201912 14.087 256.974 18.307
202003 1.481 258.115 1.916
202006 30.573 257.797 39.604
202009 8.217 260.280 10.543
202012 11.377 260.474 14.586
202103 9.342 264.877 11.778
202106 16.405 271.696 20.164
202109 17.665 274.310 21.506
202112 12.575 278.802 15.062
202203 6.689 287.504 7.770
202206 16.943 296.311 19.095
202209 17.286 296.808 19.449
202212 18.182 296.797 20.458
202303 3.101 301.836 3.431
202306 19.287 305.109 21.110
202309 18.783 307.789 20.380
202312 16.612 306.746 18.085
202403 0.000 312.332 0.000
202406 21.622 314.175 22.983
202409 28.911 315.301 30.621
202412 24.780 315.605 26.221
202503 14.070 319.799 14.693
202506 19.922 322.561 20.626
202509 24.975 324.800 25.679
202512 22.454 324.054 23.140
202603 12.896 330.213 13.042
202606 17.188 333.952 17.188

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN56.49 mean?
Brown & Brown (MEX:BRO) has a Cyclically Adjusted FCF per Share of MXN56.49 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Brown & Brown and its competitors.
Is Brown & Brown's Cyclically Adjusted FCF per Share too high?
Brown & Brown's current Cyclically Adjusted FCF per Share is MXN56.49. Overall, Brown & Brown has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brown & Brown's Cyclically Adjusted FCF per Share compare to WTW and ERIE?
Brown & Brown's Cyclically Adjusted FCF per Share of MXN56.49 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Insurance company?
A good Cyclically Adjusted FCF per Share depends on the Insurance industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Brown & Brown and its competitors. Brown & Brown's current Cyclically Adjusted FCF per Share is MXN56.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brown & Brown stock overvalued right now?
Based on GuruFocus' analysis, Brown & Brown (MEX:BRO) is currently considered Possible Value Trap. The stock's GF Value™ is MXN2,005.89, compared to a current price of MXN1,279.00 — trading 36.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN56.49. Brown & Brown's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Brown & Brown (MEX:BRO), the current Cyclically Adjusted FCF per Share is MXN56.49 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Brown & Brown (MEX:BRO) Overvalued in 2026?

Based on GuruFocus' analysis, Brown & Brown stock appears to be undervalued. The current stock price of MXN1,279.00 is trading 36.2% below its estimated GF Value™ of MXN2,005.89. GuruFocus considers Brown & Brown to be Possible Value Trap.

Key valuation signals for MEX:BRO:

  • Cyclically Adjusted FCF per Share: MXN56.49
  • GF Value™: MXN2,005.89 vs. price of MXN1,279.00 (36.2% below fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the MEX:BRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brown & Brown Business Description

Address 300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is a diversified insurance agency, wholesale brokerage, insurance programs, and service. The company's business is divided into two reportable segments: (i) the Retail segment, and (ii) the Specialty Distribution segment. The Retail segment provides a broad range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers, as well as non-insurance warranty services and products through automobile and recreational vehicle dealer services businesses. The Specialty Distribution segment consists of wholesale brokerage and specialty businesses. Its geographic area is U.S, U.K and Others.
89GF Score

Get the complete analysis for MEX:BRO

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,279.00
Price
MXN2,005.89
GF Value