Brown & Brown (FRA:BTW) Tax Rate % : 19.51% (As of Mar. 2024)

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What is Brown & Brown Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Brown & Brown's Tax Expense for the three months ended in Mar. 2024 was €65 Mil. Brown & Brown's Pre-Tax Income for the three months ended in Mar. 2024 was €335 Mil. Therefore, Brown & Brown's Tax Rate % for the quarter that ended in Mar. 2024 was 19.51%.

Brown & Brown Tax Rate % Historical Data

The historical data trend for Brown & Brown's Tax Rate % 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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Brown & Brown Tax Rate % Chart

Brown & Brown Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.23

23.01

23.03

23.32

24.05

Brown & Brown Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															19.73	25.16	27.40	24.33	19.51

Brown & Brown Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Brown & Brown's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	252.725	/	1050.974
	=	24.05 %

Brown & Brown's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	65.32	/	334.88
	=	19.51 %

Brown & Brown Tax Rate % Related Terms

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Brown & Brown (FRA:BTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brown & Brown Inc (FRA:BTW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BRO:USA BRO:Mexico BTW:Germany

Address

300 North Beach Stree, Daytona Beach, FL, USA, 32114

Website

https://www.bbinsurance.com

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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