Brown & Brown, Inc.
- BRO · NYSE
- Insurance Agents, Brokers & Service
- Daytona Beach, FL
- 22,888 employees
- CIK 0000079282
Updated from SEC filings through
Top things to know
Executives
- J. Powell Brown President and chief executive officer of the Company 8-K, 2026-10-26
- R. Andrew Watts EVP, CFO and Treasurer 4, 2026-03-02
- Jerome Scott Penny EVP Chief Acquisitions Officer 4, 2026-03-02
- Julie Turpin EVP/Chief People Officer 4, 2026-03-02
- Julie L. Turpin executive vice president 10-K, 2026-02-12
- Stephen P. Hearn chief operating officer 10-K, 2026-02-12
What leadership is saying
“The third quarter reflected the incredible efforts of our teammates to win more customers in spite of a challenging rate environment. Our capabilities were broadly enhanced by the addition of approximately 5,000 new teammates from Accession, just over a year ago”
Earnings press release (8-K Ex. 99.1), filed October 26, 2026
Brown & Brown, Inc. is a U.S. public company in insurance agents, brokers & service (SIC 6411), headquartered in Daytona Beach, FL. It trades as BRO on NYSE. Revenue was $5.9B in the fiscal year ending December 31, 2025, +22.8% from the year before. It reported about 22,888 employees. J. Powell Brown is President and chief executive officer of the Company.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $5.9B 10-K, 2026-02-12 | $4.8B 10-K, 2026-02-12 | $4.3B 10-K, 2026-02-12 | $3.6B 10-K, 2025-02-13 | $3.1B 10-K, 2024-02-22 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $1.1B 10-K, 2026-02-12 | $993M 10-K, 2026-02-12 | $871M 10-K, 2026-02-12 | $672M 10-K, 2025-02-13 | $587M 10-K, 2024-02-22 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| J. Powell Brown | President and chief executive officer of the Company | 8-K, 2026-10-26 |
| R. Andrew Watts Executive Vice President & Chief Financial Officer at Brown & Brown | Delivering high-impact financial strategy and operations leadership to one of the world’s | EVP, CFO and Treasurer | 4, 2026-03-02 |
| Jerome Scott Penny | EVP Chief Acquisitions Officer | 4, 2026-03-02 |
| Julie Turpin | EVP/Chief People Officer | 4, 2026-03-02 |
| Julie L. Turpin Chief People Officer at Brown & Brown | Mentoring, coaching and building high-performing teams and leaders to ensure exceptional customer service for one of the | executive vice president | 10-K, 2026-02-12 |
| Stephen P. Hearn | chief operating officer | 10-K, 2026-02-12 |
| J. Scott Penny | chief acquisitions officer | 10-K, 2026-02-12 |
| Stephen Patrick Hearn | EVP, COO, Pres Retail Segment | 4, 2026-03-02 |
| Chris L. Walker | EVP/Chair Spec Dist Segment | 4, 2026-03-02 |
| Paul M. Gallagher | VP, Controller & CAO | 4, 2026-03-02 |
| Stephen M. Boyd | EVP/Pres Spec Distribution | 4, 2026-03-02 |
| Hyatt J. Brown | Chairman | 4, 2025-12-31 |
| BRONISLAW E. MASOJADA | Board member (per proxy) bio: Director | DEF 14A, 2026-03-24 |
| H. PALMER PROCTOR, JR. | Board member (per proxy) bio: Director | DEF 14A, 2026-03-24 |
| JAMES S. HUNT | Board member (per proxy) bio: Director | DEF 14A, 2026-03-24 |
| JAYMIN B. PATEL | Board member (per proxy) bio: Director | DEF 14A, 2026-03-24 |
What Brown & Brown, Inc. does
, a Florida corporation, and its subsidiaries (collectively, “Brown & Brown” or the “Company”) is a diversified insurance agency, wholesale brokerage, insurance programs and service organization that markets and sells insurance products and services, primarily in the property, casualty and employee benefits areas.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 331.7 million (as of October 23, 2026) | 10-Q, October 26, 2026 |
|---|---|---|
| Public float | $31.6B (as of June 30, 2025) | 10-K, February 12, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, October 26, 2026 |
| Latest proxy statement | Meeting May 6, 2026 (filed March 24, 2026) | DEF 14A, March 24, 2026 |
| Auditor | Deloitte & Touche LLP (Tampa, Florida, United States of America) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| June 9, 2026 | Joia M. Johnson Director | Buy | 860 | $50K | Form 4, June 10, 2026 |
| May 5, 2026 | H. Palmer Proctor Jr Director | Buy | 2,000 | $114K | Form 4, May 6, 2026 |
| August 8, 2025 | Paul J. Krump Director | Buy | 2,678 | $250K | Form 4, August 8, 2025 |
| August 6, 2025 | Bronislaw Edmund Masojada Director | Buy | 1,000 | $91K | Form 4, August 7, 2025 |
Recent 8-K events
- 8-K filed 2026-10-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-22
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-10
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-05
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-05-07
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-09
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-03-04
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Brown & Brown, Inc.
- What does Brown & Brown, Inc. do?
- In its own words, from Item 1 of its 10-K: ", a Florida corporation, and its subsidiaries (collectively, “Brown & Brown” or the “Company”) is a diversified insurance agency, wholesale brokerage, insurance programs and service organization that markets and sells insurance products and services, primarily in the property, casualty and employee benefits areas."
- What is Brown & Brown, Inc.'s revenue?
- $5.9B for the fiscal year ending December 31, 2025, from its 10-K filed February 12, 2026.
- Is Brown & Brown, Inc. profitable?
- Brown & Brown, Inc. reported net income of $1.1B for the fiscal year ending December 31, 2025.
- How many employees does Brown & Brown, Inc. have?
- About 22,888 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Brown & Brown, Inc.?
- J. Powell Brown, President and chief executive officer of the Company, as named in a 8-K filed October 26, 2026.
- Who is the CFO of Brown & Brown, Inc.?
- R. Andrew Watts, EVP, CFO and Treasurer, as named in a 4 filed March 2, 2026.
- Where is Brown & Brown, Inc. headquartered?
- Daytona Beach, FL.
- What is Brown & Brown, Inc.'s stock ticker?
- BRO on NYSE.
- What industry is Brown & Brown, Inc. in?
- Insurance Agents, Brokers & Service, SIC code 6411.
- What is Brown & Brown, Inc.'s website?
- bbrown.com.
- When does Brown & Brown, Inc. report earnings next?
- January 25, 2027. Source: estimate_8k_pattern.
- Is Brown & Brown, Inc. a public company?
- Yes. Brown & Brown, Inc. files with the SEC under CIK 0000079282 and trades as BRO.
- Who audits Brown & Brown, Inc.?
- Deloitte & Touche LLP, Tampa, Florida, United States of America, as named in its latest annual report (10-K).
- How many shares of Brown & Brown, Inc. are outstanding?
- 331.7 million shares as of October 23, 2026, from its 10-Q filed October 26, 2026.
- What is Brown & Brown, Inc.'s public float?
- $31.6B as of June 30, 2025, as reported on the cover of its 10-K filed February 12, 2026.
- How many business segments does Brown & Brown, Inc. report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed October 26, 2026.
- When is Brown & Brown, Inc.'s annual shareholder meeting?
- May 6, 2026, per its proxy statement (DEF 14A) filed March 24, 2026.
- Have Brown & Brown, Inc. insiders traded stock recently?
- Since August 6, 2025, officers and directors reported 0 open-market sales and 4 purchases worth about $505K on Forms 4 and 5. The most recent: Joia M. Johnson (Director) bought 860 shares on June 9, 2026.