BRP Group (BRP Group) Net Margin % : -12.11% (As of Dec. 2023)

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What is BRP Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BRP Group's Net Income for the three months ended in Dec. 2023 was $-34 Mil. BRP Group's Revenue for the three months ended in Dec. 2023 was $285 Mil. Therefore, BRP Group's net margin for the quarter that ended in Dec. 2023 was -12.11%.

The historical rank and industry rank for BRP Group's Net Margin % or its related term are showing as below:

BRP' s Net Margin % Range Over the Past 10 Years
Min: -7.4 Med: -5.4 Max: 3.55
Current: -7.4

BRP's Net Margin % is ranked worse than
92.58% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs BRP: -7.40

BRP Group Net Margin % Historical Data

The historical data trend for BRP Group's Net Margin % 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.

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BRP Group Net Margin % Chart

BRP Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-6.28

-6.52

-5.40

-4.26

-7.40

BRP Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-19.71	-4.28	-8.04	-5.76	-12.11

Competitive Comparison of BRP Group's Net Margin %

For the Insurance Brokers subindustry, BRP Group's Net Margin %, along with its competitors' market caps and Net Margin % 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.

BRP Group's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, BRP Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where BRP Group's Net Margin % falls into.

BRP Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

BRP Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-90.141	/	1218.555
	=	-7.40 %

BRP Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-34.483	/	284.648
	=	-12.11 %

BRP Group (NAS:BRP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

BRP Group Net Margin % Related Terms

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BRP Group (BRP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » BRP Group Inc (NAS:BRP) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4211 W. Boy Scout Boulevard, Suite 200, Tampa, FL, USA, 33607

Website

https://www.baldwinriskpartners.com

BRP Group Inc is a United States-based insurance distribution firm. Its products include commercial property and casualty, or P&C, insurance, employee benefits insurance and personal lines insurance. The company operates its business through four segments including Middle Market, Specialty, Mainstreet, and Medicare. It generates maximum revenue from the Middle Market segment.

Executives

Bradford Hale	officer: Chief Accounting Officer	4010 W BOY SCOUT BLVD, SUITE 200, TAMPA FL 33607
John A. Valentine	officer: Chief Partnership Officer	4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Laura Sherman	10 percent owner, other: Member of 10% owner group	4010 W BOY SCOUT BLVD, SUITE 200, TAMPA FL 33607
Lowry Baldwin	director, officer: Chairman	4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Daniel Galbraith	officer: Chief Operating Officer	4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Trevor Baldwin	director, officer: Chief Executive Officer	4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Kristopher Aaron Wiebeck	officer: Chief Financial Officer	4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Seth Bala Cohen	officer: General Counsel	C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Sathish Muthukrishnan	director	601 S. TRYON STREET, CHARLOTTE NC 28202
Baldwin Insurance Group Holdings, Llc	10 percent owner, other: Member of 10% owner group	4010 W. BOY SCOUT BLVD. SUITE 200, TAMPA FL 33607
Ellyn Shook	director	C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Myron K Williams	director	C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Sunita Parasuraman	director	C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Jay A Cohen	director	C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607
Galloway Corbyn N.	officer: Chief Accounting Officer	C/O BRP GROUP, INC., 4211 W. BOY SCOUT BLVD., SUITE 800, TAMPA FL 33607