Brown & Brown (MEX:BRO) EV-to-FCF: 20.43 (As of Jul. 21, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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
85 GF Score
Price MXN1,212.89
GF Value MXN1,936.09
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Brown & Brown EV-to-FCF?

Brown & Brown MEX:BRO 85 EV-to-FCF is 20.43 as of Jul. 21, 2026, which is 7% below its 10-year median of 21.92. GuruFocus rates MEX:BRO with a GF Score™ of 85/100 and a GF Value™ of MXN1,936.09 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 394 Insurance companies, Brown & Brown ranks worse than 79.7% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Brown & Brown's Enterprise Value is MXN533,420 Mil. Brown & Brown's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN26,109 Mil. Therefore, Brown & Brown's EV-to-FCF for today is 20.43.

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

MEX:BRO' s EV-to-FCF Range Over the Past 10 Years
Min: 13.82   Med: 21.92   Max: 36.12
Current: 21.34

During the past 13 years, the highest EV-to-FCF of Brown & Brown was 36.12. The lowest was 13.82. And the median was 21.92.

MEX:BRO's EV-to-FCF is ranked worse than
79.7% of 394 companies
in the Insurance industry
Industry Median: 9.785 vs MEX:BRO: 21.34

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-21), Brown & Brown's stock price is MXN1212.89. Brown & Brown's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN56.900. Therefore, Brown & Brown's PE Ratio (TTM) for today is 21.32.


Brown & Brown  (MEX:BRO) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Brown & Brown's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1212.89/56.900
=21.32

Brown & Brown's share price for today is MXN1212.89.
Brown & Brown's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN56.900.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Brown & Brown EV-to-FCF Related Terms


Brown & Brown EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Brown & Brown's EV-to-FCF 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 EV-to-FCF Chart

Brown & Brown Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.01 23.71 25.02 29.83 24.34

Brown & Brown Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 30.28 28.03 29.57 24.34 20.27

MEX:BRO vs WTW, ERIE, NP: EV-to-FCF Comparison

For the Insurance Brokers subindustry, Brown & Brown's EV-to-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Insurance Industry

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

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


MEX:BRO
85GF Score
Brown & Brown Inc MEX:BRO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brown & Brown EV-to-FCF Calculation

Brown & Brown's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=533420.152/26108.928
=20.43

Brown & Brown's current Enterprise Value is MXN533,420 Mil.
Brown & Brown's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN26,109 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 20.43 mean?
Brown & Brown (MEX:BRO) has a EV-to-FCF of 20.43 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Brown & Brown and its competitors. This is near median its historical median of 21.92. Over the past decade, Brown & Brown's EV-to-FCF has ranged from 13.82 to 36.12. According to the industry distribution chart, Brown & Brown ranks #314 out of 394 companies in the Insurance industry, placing it in the top 79.7%.
Is Brown & Brown's EV-to-FCF too high?
Brown & Brown's current EV-to-FCF of 20.43 is near median its 10-year median of 21.92. Over the past 10 years, this metric has ranged from a low of 13.82 to a high of 36.12. The Insurance industry median EV-to-FCF is 9.79. Brown & Brown's value of 20.43 is 108.8% above this industry median. Based on the distribution chart, Brown & Brown ranks #314 out of 394 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Brown & Brown has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brown & Brown's EV-to-FCF compare to WTW and ERIE?
According to the Insurance industry distribution chart, Brown & Brown ranks #314 out of 394 companies for EV-to-FCF. This places Brown & Brown in the lower half of its industry. The industry median EV-to-FCF is 9.79. Brown & Brown's value of 20.43 is 108.8% above this benchmark. Historically, Brown & Brown's own EV-to-FCF has ranged from 13.82 to 36.12 over the past decade. While the company's 10-year median is 21.92 vs. the industry median of 9.79, Brown & Brown has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Insurance company?
The median EV-to-FCF among Insurance companies is 9.79, based on 394 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brown & Brown's current EV-to-FCF of 20.43 is 108.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Brown & Brown and its competitors. For the Insurance industry, the median EV-to-FCF is 9.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brown & Brown's current EV-to-FCF is 20.43, which is near median its own 10-year median of 21.92. 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 MXN1,936.09, compared to a current price of MXN1,212.89 — trading 37.4% below its estimated fair value. The current EV-to-FCF is 20.43, which is near median its 10-year median of 21.92 and 108.8% above the Insurance industry median of 9.79. Brown & Brown's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Brown & Brown (MEX:BRO), the current EV-to-FCF is 20.43 as of Jul. 21, 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 MXN1,212.89 is trading 37.4% below its estimated GF Value™ of MXN1,936.09. GuruFocus considers Brown & Brown to be Possible Value Trap.

Key valuation signals for MEX:BRO:

  • EV-to-FCF: 20.43 (near median its 10-year median of 21.92)
  • GF Value™: MXN1,936.09 vs. price of MXN1,212.89 (37.4% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 108.8% above the Insurance median (#314 of 394)

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.
85GF Score

Get the complete analysis for MEX:BRO

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,212.89
Price
MXN1,936.09
GF Value