Brown Brown Stock Net Income
| BRO Stock | USD 82.13 0.80 0.96% |
Brown Brown fundamentals help investors to digest information that contributes to Brown Brown's financial success or failures. It also enables traders to predict the movement of Brown Stock. The fundamental analysis module provides a way to measure Brown Brown's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brown Brown stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 870.5 M | 914 M | |
| Net Income Applicable To Common Shares | 758 M | 795.9 M | |
| Net Income From Continuing Ops | 747 M | 397.8 M | |
| Net Income Per Share | 3.11 | 3.27 | |
| Net Income Per E B T | 0.76 | 0.50 |
Brown | Net Income |
Brown Brown Company Net Income Analysis
Brown Brown's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Brown Brown Net Income | 870.5 M |
Most of Brown Brown's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brown Brown is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Brown Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Brown Brown is extremely important. It helps to project a fair market value of Brown Stock properly, considering its historical fundamentals such as Net Income. Since Brown Brown's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Brown Brown's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Brown Brown's interrelated accounts and indicators.
Brown Net Income Historical Pattern
Today, most investors in Brown Brown Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Brown Brown's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Brown Brown net income as a starting point in their analysis.
Brown Brown Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Brown Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Brown Brown reported net income of 870.5 M. This is 31.86% lower than that of the Insurance sector and 64.47% higher than that of the Financials industry. The net income for all United States stocks is 52.46% lower than that of the firm.
Brown Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brown Brown's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brown Brown could also be used in its relative valuation, which is a method of valuing Brown Brown by comparing valuation metrics of similar companies.Brown Brown is currently under evaluation in net income category among related companies.
Brown Brown ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Brown Brown's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Brown Brown's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Brown Brown Institutional Holders
Institutional Holdings refers to the ownership stake in Brown Brown that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Brown Brown's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Brown Brown's value.| Shares | Norges Bank | 2023-12-31 | 3.1 M | Apg All Pensions Group | 2023-12-31 | 3 M | Clarkston Capital Partners, Llc | 2023-12-31 | 2.6 M | Fenimore Asset Management Inc | 2023-12-31 | 2.4 M | Proshare Advisors Llc | 2023-12-31 | 2.3 M | Northern Trust Corp | 2023-12-31 | 2.2 M | Amvescap Plc. | 2023-12-31 | 2 M | Manufacturers Life Insurance Co | 2023-12-31 | 2 M | Royal Bank Of Canada | 2023-12-31 | 2 M | Vanguard Group Inc | 2023-12-31 | 28.2 M | Blackrock Inc | 2023-12-31 | 16.3 M |
Brown Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0556 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.33 % | ||||
| Current Valuation | 26.99 B | ||||
| Shares Outstanding | 285.34 M | ||||
| Shares Owned By Insiders | 16.34 % | ||||
| Shares Owned By Institutions | 73.92 % | ||||
| Number Of Shares Shorted | 2.59 M | ||||
| Price To Earning | 32.05 X | ||||
| Price To Book | 4.19 X | ||||
| Price To Sales | 5.56 X | ||||
| Revenue | 4.26 B | ||||
| Gross Profit | 1.75 B | ||||
| EBITDA | 1.15 B | ||||
| Net Income | 870.5 M | ||||
| Cash And Equivalents | 650 M | ||||
| Cash Per Share | 2.09 X | ||||
| Total Debt | 3.97 B | ||||
| Debt To Equity | 1.00 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | 20.27 X | ||||
| Cash Flow From Operations | 1.01 B | ||||
| Short Ratio | 2.44 X | ||||
| Earnings Per Share | 3.24 X | ||||
| Price To Earnings To Growth | 4.41 X | ||||
| Target Price | 89.51 | ||||
| Number Of Employees | 16.15 K | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 23.66 B | ||||
| Total Asset | 14.92 B | ||||
| Retained Earnings | 5.29 B | ||||
| Working Capital | 173 M | ||||
| Current Asset | 1.54 B | ||||
| Current Liabilities | 1.33 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.84 % | ||||
| Net Asset | 14.92 B | ||||
| Last Dividend Paid | 0.36 |
About Brown Brown Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brown Brown's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brown Brown using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brown Brown based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Brown Brown
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brown Brown position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brown Brown will appreciate offsetting losses from the drop in the long position's value.Moving together with Brown Stock
| 0.84 | ERIE | Erie Indemnity Earnings Call Tomorrow | PairCorr |
| 0.81 | AJG | Arthur J Gallagher Earnings Call Today | PairCorr |
| 0.89 | AON | Aon PLC Earnings Call Tomorrow | PairCorr |
Moving against Brown Stock
| 0.66 | DHIL | Diamond Hill Investment | PairCorr |
| 0.58 | FANH | Fanhua Inc | PairCorr |
| 0.5 | RELIW | Reliance Global Group | PairCorr |
| 0.49 | ALIZY | Allianz SE ADR | PairCorr |
| 0.46 | AC | Associated Capital | PairCorr |
The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brown Brown - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brown Brown to buy it.
The correlation of Brown Brown is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brown Brown can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Brown Brown Piotroski F Score and Brown Brown Altman Z Score analysis. To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Brown Stock analysis
When running Brown Brown's price analysis, check to measure Brown Brown's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brown Brown is operating at the current time. Most of Brown Brown's value examination focuses on studying past and present price action to predict the probability of Brown Brown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Brown's price. Additionally, you may evaluate how the addition of Brown Brown to your portfolios can decrease your overall portfolio volatility.
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Is Brown Brown's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brown Brown. If investors know Brown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brown Brown listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.229 | Dividend Share 0.36 | Earnings Share 3.24 | Revenue Per Share 15.505 | Quarterly Revenue Growth 0.134 |
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.