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BRO (Brown & Brown) Debt-to-Equity : 0.63 (As of Dec. 2024)


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What is Brown & Brown Debt-to-Equity?

Brown & Brown's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $272 Mil. Brown & Brown's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $3,788 Mil. Brown & Brown's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $6,420 Mil. Brown & Brown's debt to equity for the quarter that ended in Dec. 2024 was 0.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Brown & Brown's Debt-to-Equity or its related term are showing as below:

BRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.53   Max: 0.91
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Brown & Brown was 0.91. The lowest was 0.38. And the median was 0.53.

BRO's Debt-to-Equity is ranked worse than
81.15% of 382 companies
in the Insurance industry
Industry Median: 0.21 vs BRO: 0.63

Brown & Brown Debt-to-Equity Historical Data

The historical data trend for Brown & Brown's Debt-to-Equity 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.

* Premium members only.

Brown & Brown Debt-to-Equity Chart

Brown & Brown Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.54 0.91 0.72 0.63

Brown & Brown Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity 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 0.72 0.70 0.71 0.58 0.63

Competitive Comparison of Brown & Brown's Debt-to-Equity

For the Insurance Brokers subindustry, Brown & Brown's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Brown & Brown's Debt-to-Equity falls into.


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Brown & Brown Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brown & Brown's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Brown & Brown's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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  (NYSE:BRO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Brown & Brown Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Brown & Brown's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Brown & Brown Business Description

Traded in Other Exchanges
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 markets and sells insurance products and services, in the property, casualty, and employee benefits areas. It provides customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. It has four reportable segments; the Retail segment; the Programs segment; the Wholesale Brokerage segment and; the Services segment. It generates the majority of its revenue from the Retail segment which provides insurance products and services to commercial, public and quasi-public, and Others through automobile dealer services F&I businesses. Its geographic area is U.S., U.K., the Republic of Ireland, Canada, and Others.
Executives
Hyatt J Brown director, 10 percent owner, officer: Chairman and CEO 300 N. BEACH STREET, DAYTONA BEACH FL 32114
R. Andrew Watts officer: EVP, CFO and Treasurer 220 S. RIDGEWOOD AVE., DAYTONA BEACH FL 32114
Julie Turpin officer: EVP/Chief People Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Stephen M Boyd officer: EVP/ Pres Wholesale Brokerage 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Paul J Krump director C/O CHUBB & SON, 15 MOUNTAIN VIEW RD P O BOX161, WARREN NJ 07061-1615
Proctor H Palmer Jr director
James Charles Hays director 100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Gellerstedt Lawrence L Iii director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert W Lloyd officer: VP & Chief Litigation Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Hugh M Brown director 3740 RANEY DRIVE, TITUSVILLE FL 32780
Nester Kenneth Gray Ii officer: EVP/Chief Information Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Chris L Walker officer: Regional Executive VP 220 S RIDGEWOOD AVE, DAYTONA BEACH FL 32114-4318
P Barrett Brown officer: EVP and Pres.- Retail Segment 300 N. BEACH STREET, DAYTONA BEACH FL 32114