BRO (Brown & Brown) Total Operating Expense: $1,625 Mil (TTM As of Jun. 2026)

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BRO Brown & Brown Inc BRO
78 GF Score
Price $70.87
GF Value $110.38
Valuation Possible Value Trap
! 4 Warning Signs
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What is Brown & Brown Total Operating Expense?

Brown & Brown BRO 78 Total Operating Expense is $1,625 Mil as of Jun. 2026. GuruFocus rates BRO with a GF Score™ of 78/100 and a GF Value™ of $110.38 (Possible Value Trap). The stock has 4 warning signs investors should review.

Brown & Brown's Total Operating Expense for the three months ended in Jun. 2026 was $399 Mil. Brown & Brown's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was $1,625 Mil.

Brown & Brown Total Operating Expense Related Terms

Brown & Brown Total Operating Expense Historical Data

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The historical data trend for Brown & Brown's Total Operating Expense 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 Total Operating Expense Chart

Brown & Brown Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 555.90 783.00 856.00 932.00 1,326.00

Brown & Brown Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Operating Expense 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 272.00 383.00 421.00 422.00 399.00
BRO
78GF Score
Brown & Brown Inc BRO
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Brown & Brown Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,625 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.

What does a Total Operating Expense of $1,625 Mil mean?
Brown & Brown (BRO) has a Total Operating Expense of $1,625 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Brown & Brown and its competitors.
Is Brown & Brown's Total Operating Expense too high?
Brown & Brown's current Total Operating Expense is $1,625 Mil. Overall, Brown & Brown has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brown & Brown's Total Operating Expense compare to WTW and ERIE?
Brown & Brown's Total Operating Expense of $1,625 Mil 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 Total Operating Expense for an Insurance company?
A good Total Operating Expense depends on the Insurance industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Brown & Brown and its competitors. Brown & Brown's current Total Operating Expense is $1,625 Mil. 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 (BRO) is currently considered Possible Value Trap. The stock's GF Value™ is $110.38, compared to a current price of $70.87 — trading 35.8% below its estimated fair value. The current Total Operating Expense is $1,625 Mil. Brown & Brown's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Brown & Brown (BRO), the current Total Operating Expense is $1,625 Mil 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 (BRO) Overvalued in 2026?

Based on GuruFocus' analysis, Brown & Brown stock appears to be undervalued. The current stock price of $70.87 is trading 35.8% below its estimated GF Value™ of $110.38. GuruFocus considers Brown & Brown to be Possible Value Trap.

Key valuation signals for BRO:

  • Total Operating Expense: $1,625 Mil
  • GF Value™: $110.38 vs. price of $70.87 (35.8% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the 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.
78GF Score

Get the complete analysis for BRO

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

$70.87
Price
$110.38
GF Value