Brown & Brown (MEX:BRO) Moat Score: 6/10 (As of Jul. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:BRO Brown & Brown Inc MEX:BRO
85 GF Score
Price MXN1,212.89
GF Value MXN1,935.80
Valuation Possible Value Trap
! 4 Warning Signs
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What is Brown & Brown Moat Score?

Brown & Brown MEX:BRO -0.27% 85 Moat Score is 6 as of Jul. 20, 2026. GuruFocus rates MEX:BRO with a GF Score™ of 85/100 and a GF Value™ of MXN1,935.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 595 Insurance companies, Brown & Brown ranks better than 94.96% on this metric.

Brown & Brown has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Brown & Brown has Narrow Moat: Brown & Brown Inc has a strong narrow moat due to its extensive distribution network and economies of scale in the insurance brokerage industry. It benefits from customer loyalty and moderate pricing power, but faces competition and lacks significant proprietary technology.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Brown & Brown might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Brown & Brown  (MEX:BRO) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Brown & Brown Moat Score Related Terms

MEX:BRO vs WTW, ERIE, NP: Moat Score Comparison

For the Insurance Brokers subindustry, Brown & Brown's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's Moat Score distribution charts can be found below:

* The bar in red indicates where Brown & Brown's Moat Score falls into.


MEX:BRO
85GF Score
Brown & Brown Inc MEX:BRO
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Brown & Brown (MEX:BRO) has a Moat Score of 6 as of Jul. 20, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Brown & Brown ranks #30 out of 595 companies in the Insurance industry, placing it in the top 5%.
Is Brown & Brown's Moat Score too high?
Brown & Brown's current Moat Score is 6. Based on the distribution chart, Brown & Brown ranks #30 out of 595 companies in the Insurance industry, which is in the top quartile — a strong position 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 Moat Score compare to WTW and ERIE?
According to the Insurance industry distribution chart, Brown & Brown ranks #30 out of 595 companies for Moat Score. This places Brown & Brown in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Insurance company?
A good Moat Score depends on the Insurance industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Brown & Brown's current Moat Score is 6. 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 MXN1,935.80, compared to a current price of MXN1,212.89 — trading 37.3% below its estimated fair value. The current Moat Score is 6. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Brown & Brown (MEX:BRO), the current Moat Score is 6 as of Jul. 20, 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 37.3% below its estimated GF Value™ of MXN1,935.80. GuruFocus considers Brown & Brown to be Possible Value Trap.

Key valuation signals for MEX:BRO:

  • Moat Score: 6
  • GF Value™: MXN1,935.80 vs. price of MXN1,212.89 (37.3% below fair value)
  • GF Score™: 85/100 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.
85GF Score

Get the complete analysis for MEX:BRO

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

MXN1,212.89
Price
MXN1,935.80
GF Value