Invesaro

Stocks Comparison

Brown & Brown vs Erie Indemnity: revenue, profit, margins and growth compared

Brown & Brown brought in $5.9B of revenue in fiscal 2025, Erie Indemnity $4.1B in fiscal 2025. Revenue changed by +22.8% at Brown & Brown and +7.2% at Erie Indemnity on the year before, so Brown & Brown grew faster. Brown & Brown kept 17.9% of its revenue as net profit, Erie Indemnity 13.8%. Free cash flow was $1.4B at Brown & Brown and $571M at Erie Indemnity.

Side by side, latest fiscal year

BROERIE
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$5.9B$4.1B
Revenue growth+22.8%+7.2%
Net income$1.1B$559.3M
Net margin17.9%13.8%
Free cash flow$1.4B$571M
Free cash flow margin23.4%14.0%
Earnings per share (diluted)$3.16n/a
Cash$1.1B$345.9M
Debt$7.6Bn/a
Price to earnings19.3n/a
Market value$20.4B$10.3B
Dividend yield1.02%n/a
Rank by revenue in sector#91 of 444 · Finance#108 of 444 · Finance

Over the years

Revenue
BRO FY2018: $2BBRO FY2019: $2.4BBRO FY2020: $2.6BBRO FY2021: $3.1BBRO FY2022: $3.6BBRO FY2023: $4.3BBRO FY2024: $4.8BBRO FY2025: $5.9BERIE FY2018: $2.4BERIE FY2019: $2.5BERIE FY2020: $2.5BERIE FY2021: $2.6BERIE FY2022: $2.8BERIE FY2023: $3.3BERIE FY2024: $3.8BERIE FY2025: $4.1BFY18FY19FY20FY21FY22FY23FY24FY25
BRO $5.9BERIE $4.1B
Net income
BRO FY2018: $344.3MBRO FY2019: $398.5MBRO FY2020: $480.5MBRO FY2021: $587.1MBRO FY2022: $672MBRO FY2023: $871MBRO FY2024: $993MBRO FY2025: $1.1BERIE FY2018: $288.2MERIE FY2019: $316.8MERIE FY2020: $293.3MERIE FY2021: $297.9MERIE FY2022: $298.6MERIE FY2023: $446.1MERIE FY2024: $600.3MERIE FY2025: $559.3MFY18FY19FY20FY21FY22FY23FY24FY25
BRO $1.1BERIE $559.3M
Net margin
BRO FY2018: 17.1%BRO FY2019: 16.7%BRO FY2020: 18.4%BRO FY2021: 19.2%BRO FY2022: 18.8%BRO FY2023: 20.5%BRO FY2024: 20.7%BRO FY2025: 17.9%ERIE FY2018: 12.1%ERIE FY2019: 12.8%ERIE FY2020: 11.6%ERIE FY2021: 11.3%ERIE FY2022: 10.5%ERIE FY2023: 13.6%ERIE FY2024: 15.8%ERIE FY2025: 13.8%FY18FY19FY20FY21FY22FY23FY24FY25
BRO 17.9%ERIE 13.8%
Revenue growth
BRO FY2019: +18.8%BRO FY2020: +9.2%BRO FY2021: +16.8%BRO FY2022: +17.1%BRO FY2023: +19.1%BRO FY2024: +12.9%BRO FY2025: +22.8%ERIE FY2019: +4.0%ERIE FY2020: +2.4%ERIE FY2021: +3.8%ERIE FY2022: +7.8%ERIE FY2023: +15.1%ERIE FY2024: +16.1%ERIE FY2025: +7.2%FY19FY20FY21FY22FY23FY24FY25
BRO +22.8%ERIE +7.2%
Free cash flow
BRO FY2018: $526MBRO FY2019: $605.1MBRO FY2020: $642.3MBRO FY2021: $763.8MBRO FY2022: $829MBRO FY2023: $941MBRO FY2024: $1.1BBRO FY2025: $1.4BERIE FY2018: $207.3MERIE FY2019: $262.5MERIE FY2020: $287.1MERIE FY2021: $254MERIE FY2022: $298.9MERIE FY2023: $288.6MERIE FY2024: $486.4MERIE FY2025: $571MFY18FY19FY20FY21FY22FY23FY24FY25
BRO $1.4BERIE $571M

Fiscal years as each company reports them; the two may end in different months.

Questions about Brown & Brown and Erie Indemnity

Which is bigger by revenue, Brown & Brown or Erie Indemnity?

Brown & Brown is bigger by revenue: $5.9B in fiscal 2025, against $4.1B for Erie Indemnity in fiscal 2025.

Which keeps more of its revenue as profit, Brown & Brown or Erie Indemnity?

Brown & Brown had a net margin of 17.9% in fiscal 2025; Erie Indemnity had 13.8% in fiscal 2025.

Which grew revenue faster, Brown & Brown or Erie Indemnity?

In their latest fiscal years revenue changed by +22.8% at Brown & Brown and +7.2% at Erie Indemnity.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies