Brown & Brown Inc. (BRO)
Brown & Brown Statistics
Share Statistics
Brown & Brown has 286.63M shares outstanding. The number of shares has increased by 0.48% in one year.
| Shares Outstanding | 286.63M |
| Shares Change (YoY) | 0.48% |
| Shares Change (QoQ) | 0.23% |
| Owned by Institutions (%) | 75.05% |
| Shares Floating | 237.44M |
| Failed to Deliver (FTD) Shares | 56 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 4.74M, so 1.66% of the outstanding shares have been sold short.
| Short Interest | 4.74M |
| Short % of Shares Out | 1.66% |
| Short % of Float | 2.23% |
| Short Ratio (days to cover) | 2.09 |
Valuation Ratios
The PE ratio is 28.97 and the forward PE ratio is 24.25. Brown & Brown's PEG ratio is 1.82.
| PE Ratio | 28.97 |
| Forward PE | 24.25 |
| PS Ratio | 6.11 |
| Forward PS | 5.1 |
| PB Ratio | 4.47 |
| P/FCF Ratio | 26.35 |
| PEG Ratio | 1.82 |
Enterprise Valuation
Brown & Brown has an Enterprise Value (EV) of 32.15B.
| EV / Sales | 6.83 |
| EV / EBITDA | 18.63 |
| EV / EBIT | 27.39 |
| EV / FCF | 29.45 |
Financial Position
The company has a current ratio of 1.1, with a Debt / Equity ratio of 0.63.
| Current Ratio | 1.1 |
| Quick Ratio | 1.1 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 2.35 |
| Debt / FCF | 3.72 |
| Interest Coverage | 6.8 |
Financial Efficiency
Return on Equity is 15.43% and Return on Invested Capital is 9.12%.
| Return on Equity | 15.43% |
| Return on Assets | 5.64% |
| Return on Invested Capital | 9.12% |
| Revenue Per Employee | $270.36K |
| Profits Per Employee | $57.06K |
| Employee Count | 17,403 |
| Asset Turnover | 0.27 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 301M |
| Effective Tax Rate | 23.1% |
Stock Price Statistics
The stock price has increased by 33.7% in the last 52 weeks. The beta is 0.75, so Brown & Brown's price volatility has been higher than the market average.
| Beta | 0.75 |
| 52-Week Price Change | 33.7% |
| 50-Day Moving Average | 117.77 |
| 200-Day Moving Average | 107.72 |
| Relative Strength Index (RSI) | 39.28 |
| Average Volume (20 Days) | 1.85M |
Income Statement
In the last 12 months, Brown & Brown had revenue of 4.71B and earned 993M in profits. Earnings per share was 3.56.
| Revenue | 4.71B |
| Gross Profit | 2.3B |
| Operating Income | 1.37B |
| Net Income | 993M |
| EBITDA | 1.73B |
| EBIT | 1.5B |
| Earnings Per Share (EPS) | 3.56 |
Balance Sheet
The company has 675M in cash and 4.06B in debt, giving a net cash position of -3.38B.
| Cash & Cash Equivalents | 675M |
| Total Debt | 4.06B |
| Net Cash | -3.38B |
| Retained Earnings | 6.13B |
| Total Assets | 16.76B |
| Working Capital | 987M |
Cash Flow
In the last 12 months, operating cash flow was 1.17B and capital expenditures 0, giving a free cash flow of 1.09B.
| Operating Cash Flow | 1.17B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.09B |
| FCF Per Share | 3.87 |
Margins
Gross margin is 48.86%, with operating and profit margins of 29.05% and 21.11%.
| Gross Margin | 48.86% |
| Operating Margin | 29.05% |
| Pretax Margin | 27.69% |
| Profit Margin | 21.11% |
| EBITDA Margin | 36.68% |
| EBIT Margin | 29.05% |
| FCF Margin | 23.21% |
Dividends & Yields
BRO pays an annual dividend of $0.58, which amounts to a dividend yield of 0.54%.
| Dividend Per Share | $0.58 |
| Dividend Yield | 0.54% |
| Dividend Growth (YoY) | 15.38% |
| Payout Ratio | 16.16% |
| Earnings Yield | 3.45% |
| FCF Yield | 3.8% |
Analyst Forecast
The average price target for BRO is $120, which is 8.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $120 |
| Price Target Difference | 8.5% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
Stock Splits
The last stock split was on Mar 29, 2018. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 29, 2018 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 3.1 |
| Piotroski F-Score | 8 |