BRO vs. ERIE: Brown & Brown vs. Erie Indemnity Stock Comparison
How do Brown & Brown (BRO) and Erie Indemnity (ERIE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Brown & Brown (BRO) and Erie Indemnity (ERIE) both belong to the Insurance industry, though BRO is classified under Insurance Brokers while ERIE falls under Property & Casualty Insurance.
| Profile Item | BRO | ERIE |
|---|---|---|
| Name | Brown & Brown Inc. | Erie Indemnity Company Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Insurance Brokers | Property & Casualty Insurance |
| Market Capitalization | 23.92 billion USD | 14.28 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 11, 1981 | October 2, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BRO | ERIE |
|---|---|---|
| Total Return (1Y) | -8.59% | -3.52% |
| Total Return (3Y, Annualized) | 0.40% | 0.54% |
| Total Return (5Y, Annualized) | 3.19% | 5.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BRO | ERIE |
|---|---|---|
| Volatility (1Y, Annualized) | 32.50% | 38.16% |
| Beta (5Y) | 0.51 | 0.22 |
| Max Drawdown (5Y) | -55.85% | -60.87% |
| Avg. Volume (3M) | 2.25M | 236.89K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BRO | ERIE |
|---|---|---|
| Sharpe Ratio (1Y) | -0.40 | -0.20 |
| Sortino Ratio (1Y) | -0.57 | -0.29 |
Profitability
ROE (TTM)
Erie Indemnity (ERIE) at 23.70% sits in the top ROE quartile, while Brown & Brown (BRO) at 9.80% is closer to the peer norm — stronger capital efficiency for ERIE.
BRO
Insurance industry group
9.80%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- BRO
- 9.80%
- Q1
- 8.79%
- Min
- -10.66%
ERIE
Insurance industry group
23.70%
- Max
- 41.68%
- ERIE
- 23.70%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Brown & Brown (BRO) at 17.88% retains a top-quartile share of revenue as profit, ahead of Erie Indemnity (ERIE) at 13.98%, which keeps about the industry-typical share.
BRO
Insurance industry group
17.88%
- Max
- 29.92%
- BRO
- 17.88%
- Q3
- 17.03%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
ERIE
Insurance industry group
13.98%
- Max
- 29.92%
- Q3
- 17.03%
- ERIE
- 13.98%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Brown & Brown (BRO) in Insurance and Erie Indemnity (ERIE) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BRO | ERIE |
|---|---|---|
| ROE (TTM) | 9.80% | 23.70% |
| ROA (TTM) | 3.89% | 13.48% |
| Net Margin (TTM) | 17.88% | 13.98% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Brown & Brown (BRO) at 22.49% sits in the top revenue growth quartile, while Erie Indemnity (ERIE) at 7.41% is closer to the peer norm — faster top-line expansion for BRO.
EPS Growth
Both Brown & Brown (BRO) at -8.67% and Erie Indemnity (ERIE) at -6.88% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | BRO | ERIE |
|---|---|---|
| Revenue Growth (YoY) | 22.49% | 7.41% |
| Revenue Growth (3Y CAGR) | 17.38% | 13.32% |
| EPS Growth (YoY) | -8.67% | -6.88% |
| EPS Growth (3Y CAGR) | 10.06% | 23.25% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Brown & Brown (BRO) in Insurance and Erie Indemnity (ERIE) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Brown & Brown (BRO) in Insurance and Erie Indemnity (ERIE) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | BRO | ERIE |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Brown & Brown (BRO) at 0.89% and Erie Indemnity (ERIE) at 2.05% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
BRO
Insurance industry group
0.89%
- Max
- 5.12%
- Q3
- 2.15%
- Median
- 0.98%
- BRO
- 0.89%
- Q1
- 0.00%
- Min
- 0.00%
ERIE
Insurance industry group
2.05%
- Max
- 5.12%
- Q3
- 2.15%
- ERIE
- 2.05%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Brown & Brown (BRO) at 20.89% pays out a band-typical share of earnings, while Erie Indemnity (ERIE) at 53.13% distributes more than its industry norm — less retained, thinner cover.
BRO
Insurance industry group
20.89%
- Max
- 76.67%
- Q3
- 35.18%
- BRO
- 20.89%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
ERIE
Insurance industry group
53.13%
- Max
- 76.67%
- ERIE
- 53.13%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BRO | ERIE |
|---|---|---|
| Dividend Yield (TTM) | 0.89% | 2.05% |
| Dividend Payout Ratio (TTM) | 20.89% | 53.13% |
Valuation
P/E Ratio (TTM)
Both Brown & Brown (BRO) at 22.82 and Erie Indemnity (ERIE) at 24.80 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
BRO
Insurance industry group
22.82
- Max
- 28.37
- BRO
- 22.82
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
ERIE
Insurance industry group
24.80
- Max
- 28.37
- ERIE
- 24.80
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
Both Brown & Brown (BRO) at 3.51 and Erie Indemnity (ERIE) at 3.46 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
BRO
Insurance industry group
3.51
- Max
- 4.03
- BRO
- 3.51
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
ERIE
Insurance industry group
3.46
- Max
- 4.03
- ERIE
- 3.46
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
Brown & Brown (BRO) at 1.87 sits near its industry’s typical P/B ratio, while Erie Indemnity (ERIE) at 5.59 prices above its benchmark range — ERIE looks rich relative to book.
BRO
Insurance industry group
1.87
- Max
- 5.07
- Q3
- 2.79
- BRO
- 1.87
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
ERIE
Insurance industry group
5.59
- ERIE
- 5.59
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | BRO | ERIE |
|---|---|---|
| P/E Ratio (TTM) | 22.82 | 24.80 |
| P/S Ratio (TTM) | 3.51 | 3.46 |
| P/B Ratio (MRQ) | 1.87 | 5.59 |
| Free Cash Flow Yield (TTM) | -- | -- |