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Brown & Brown (FRA:BTW) EV-to-EBIT : 19.06 (As of Apr. 28, 2024)


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What is Brown & Brown EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Brown & Brown's Enterprise Value is €24,896 Mil. Brown & Brown's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €1,306 Mil. Therefore, Brown & Brown's EV-to-EBIT for today is 19.06.

The historical rank and industry rank for Brown & Brown's EV-to-EBIT or its related term are showing as below:

FRA:BTW' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.8   Med: 16.95   Max: 26.12
Current: 18.88

During the past 13 years, the highest EV-to-EBIT of Brown & Brown was 26.12. The lowest was 10.80. And the median was 16.95.

FRA:BTW's EV-to-EBIT is ranked worse than
80.13% of 317 companies
in the Insurance industry
Industry Median: 7.86 vs FRA:BTW: 18.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Brown & Brown's Enterprise Value for the quarter that ended in Mar. 2024 was €26,126 Mil. Brown & Brown's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €1,306 Mil. Brown & Brown's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.00%.


Brown & Brown EV-to-EBIT Historical Data

The historical data trend for Brown & Brown's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brown & Brown EV-to-EBIT Chart

Brown & Brown Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.92 21.80 25.84 19.19 17.52

Brown & Brown Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.32 19.90 19.46 17.52 20.12

Competitive Comparison of Brown & Brown's EV-to-EBIT

For the Insurance Brokers subindustry, Brown & Brown's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brown & Brown's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Brown & Brown's EV-to-EBIT falls into.



Brown & Brown EV-to-EBIT Calculation

Brown & Brown's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24895.975/1306.276
=19.06

Brown & Brown's current Enterprise Value is €24,896 Mil.
Brown & Brown's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,306 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brown & Brown  (FRA:BTW) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Brown & Brown's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=1306.276/26125.89594
=5.00 %

Brown & Brown's Enterprise Value for the quarter that ended in Mar. 2024 was €26,126 Mil.
Brown & Brown's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,306 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brown & Brown EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Brown & Brown's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Brown & Brown (FRA:BTW) Business Description

Traded in Other Exchanges
Address
300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

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