BROWN & BROWN, INC. (BRO) Return on equity 2016–2025
BROWN & BROWN, INC. (BRO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
8.4%FY2025 · since FY2016: 10.9% → 8.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 8.4% | -7.0 pp |
| FY2024 | 15.4% | -0.2 pp |
| FY2023 | 15.6% | +1.0 pp |
| FY2022 | 14.6% | +0.6 pp |
| FY2021 | 14.0% | +1.2 pp |
| FY2020 | 12.8% | +0.9 pp |
| FY2019 | 11.9% | +0.4 pp |
| FY2018 | 11.5% | -4.0 pp |
| FY2017 | 15.5% | +4.6 pp |
| FY2016 | 10.9% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice