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Brown & Brown, Inc<\/strong>. BRO<\/a> continues to stand out in the insurance brokerage industry, driven by a strong and disciplined acquisition strategy. The company has a long track record of deal-making, having acquired 717 insurance intermediary businesses from 1993 through the end of 2025. In 2025 alone, it completed 43 acquisitions, adding nearly $1.8 billion in annual revenues.<\/p>\n<\/div>\n One recent example is the February 2026 acquisition of American Adventure Insurance, highlighting BRO\u2019s targeted approach to niche markets. A key strength lies in its culture, where acquired firms retain their entrepreneurial spirit while benefiting from access to a broader global network.<\/p>\n<\/div>\n Financial performance remains strong. Total revenues reached $5.9 billion in 2025, up 22.8% year over year. Growth was largely driven by the Accession acquisition, which closed in August 2025, for $9.83 billion. As the largest deal in the company\u2019s history, it enhanced its specialty and wholesale distribution capabilities.<\/p>\n<\/div>\n Strategically, the acquisition strengthens BRO\u2019s platform by increasing scale and creating cross-selling opportunities. However, near-term challenges remain, as integration costs and lower margins from the acquired business have pressured profitability. Management remains confident in long-term benefits and margin expansion.<\/p>\n<\/div>\n Overall, the company\u2019s acquisition-led strategy continues to drive strong top-line growth. The focus now shifts to execution, as Brown & Brown\u2019s ability to successfully integrate large deals and enhance margins will be critical to its long-term outlook.<\/p>\n<\/div>\n BRO closely competes with large firms like Arthur J. Gallagher $AJG<\/a> & Co. AJG<\/a> and Willis Towers Watson $WTW<\/a> Public Limited Company WTW<\/a>.<\/p>\n<\/div>\n Arthur J. Gallagher is expanding steadily through mergers and acquisitions. In 2025, it completed 31 deals, adding about $3.5 billion in annualized revenue. AJG\u2019s pipeline remains strong, with around 40 deals in progress worth roughly $350 million. Supported by solid cash flows, AJG expects to have nearly $10 billion available for future M&A.<\/p>\n<\/div>\n Willis Towers Watson is growing through targeted acquisitions. It is expanding in markets like Italy, Canada, the U.K. and France while enhancing its offerings. The acquisition of Newfront adds a tech-driven broking platform. The planned acquisition of Cushon will strengthen its U.K. pensions business. WTW also agreed to acquire FlowStone Partners to expand in private markets. Overall, its disciplined M&A strategy supports long-term growth.<\/p>\n<\/div>\n Shares of Brown & Brown have lost 43.1% in the past 12 months, underperforming the industry<\/a>\u2019s 40.7% decline.\u00a0<\/p>\n<\/div>\n Image Source: Zacks Investment Research<\/p>\n<\/div>\n Brown & Brown trades at a price-to-earnings ratio of 14.2, below the industry average of 15.2. It carries a Value Score<\/a> of C.<\/p>\n<\/div>\n Image Source: Zacks Investment Research<\/p>\n<\/div>\n The consensus estimate for 2026 and 2027 EPS indicates year-over-year growth of 7% and 9.3%, respectively. Over the past 30 days, estimates have seen one upward and one downward revision. The consensus estimate for revenues projects year-over-year growth of 23.4% in 2026 and 5.9% in 2027.<\/p>\n<\/div>\n Brown & Brown currently carries a Zacks Rank #3 (Hold). You can see the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here<\/strong><\/a>.<\/p>\n<\/div>\n From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.<\/p>\n This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren\u2019t winners but this one could far surpass earlier Zacks\u2019 Stocks Set to Double like Nano-X $TWTR<\/a> Imaging which shot up +129.6% in little more than 9 months.<\/p>\nWhat About BRO\u2019s Competitors?<\/h2>\n
BRO\u2019s Price Performance<\/h2>\n
Valuation of BRO<\/h2>\n
Estimates for BRO<\/h2>\n
Research Chief Names “Single Best Pick to Double”<\/h2>\n