BRO

NYSE

BROWN & BROWN, INC.

Financials, Insurance Brokers

$71.43

close 7 Aug 2026

-24.49%

52-week change

$23.57B

market cap

$53.81

$98.30

52-week range

Expected price

$78.10 – $95.46

Current price

$71.43

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)22.82x

P/S (TTM)3.47x

P/B1.87x

EV/EBITDA (TTM)—

FCF yield (TTM)6.13%

PEG (TTM, GAAP)2.27

Context

P/E, own 5-year average27.54x

P/E, sector median16.04x*

Price at 5-year median P/E$87.25*

Indicated dividend yield0.92%

Forward — analyst consensus

Forward P/E (FY2026)15.94x*

Forward P/E (FY2027)14.81x

Forward PEG2.10*

Consensus EPS FY2026 (19 analysts)$4.48

EPS growth (FY2026→FY2027)7.59%

Revenue growth (FY2026)18.40%

Street view

Price target (mean)$76.44*

Target upside7.01%

Ratings (buy / hold / sell)4 / 14 / 1

FY2026 EPS revisions, 30d (up / down)3 / 7

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 27 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +16.56%10Y CAGR +14.29%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$71.43

Cash & equivalents$918.00M

Total debt$7.76B

Shares outstanding330.00M

Result

DCF price per share$222.63

Current price$71.43

Margin of safety+211.68%

PV of years 1–10$22.53B

PV of terminal value$57.78B

Equity value$73.47B

Market-implied growth+4.05%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.69B	$1.96B	$2.29B	$2.67B	$3.11B	$3.63B	$4.23B	$4.93B	$5.74B	$6.69B	$124.75B
PV	$1.56B	$1.68B	$1.82B	$1.96B	$2.12B	$2.29B	$2.47B	$2.66B	$2.87B	$3.10B	$57.78B

period to 30 Jun 2026, filed 27 Jul 2026, close 7 Aug 2026