BRO vs EQH
Brown & Brown, Inc. and Equitable Holdings, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BRO | EQH |
|---|---|---|
| Revenue | $5.9B | $11.7B |
| Net income | $1.1B | $-1.4B |
| Gross margin | · | · |
| Net margin | 18.1% | −8.9% |
| Return on equity | 11.1% | · |
| Diluted EPS | $3.16 | −$4.83 |
| Dividend / share | $0.62 | $1.05 |
| Payout ratio | 18.3% | −22.8% |
| Free cash flow | $1.4B | · |
| Equity | · | $-74.0M |
| Net debt / equity | 0.52× | · |
| Current ratio | 1.04× | · |
| Revenue CAGR 5y | 17.7% | −1.2% |
| Profit CAGR 5y | 17.0% | · |
EQH bills 2.0× the revenue of BRO, and EQH closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BRO | EQH |
|---|---|---|
| FY2025 | $5.9B | $11.7B |
| FY2024 | $4.8B | $12.4B |
| FY2023 | $4.3B | $10.5B |
| FY2022 | $3.6B | $12.6B |
| FY2021 | $3.1B | $7.6B |
| FY2020 | $2.6B | $12.4B |
| FY2019 | $2.4B | $9.6B |
| FY2018 | $2.0B | $12.1B |
| FY2017 | $1.9B | $12.5B |
| FY2016 | $1.8B | $11.8B |
Bottom line
| Fiscal year | BRO | EQH |
|---|---|---|
| FY2025 | $1.1B | $-1.4B |
| FY2024 | $993.0M | $1.3B |
| FY2023 | $871.0M | $1.3B |
| FY2022 | $672.0M | $2.2B |
| FY2021 | $587.1M | $1.8B |
| FY2020 | $480.5M | $-648.0M |
| FY2019 | $398.5M | $-1.8B |
| FY2018 | $344.3M | $1.9B |
| FY2017 | $399.6M | $834.0M |
| FY2016 | $257.5M | $1.3B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$5,763,000,000 | EQH |
| FY2024 | −$7,620,000,000 | EQH |
| FY2023 | −$6,203,000,000 | EQH |
| FY2022 | −$9,071,000,000 | EQH |
| FY2021 | −$4,562,600,000 | EQH |
| FY2020 | −$9,801,600,000 | EQH |
| FY2019 | −$7,226,829,000 | EQH |
| FY2018 | −$10,054,754,000 | EQH |
| FY2017 | −$10,578,653,000 | EQH |
| FY2016 | −$9,996,371,000 | EQH |
EQH has reported the higher revenue in every one of these 10 fiscal years. The gap has narrowed since the earliest year compared.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +27.0 pp | BRO |
| FY2024 | +6.4 pp | BRO |
| FY2023 | +4.9 pp | BRO |
| FY2022 | −0.1 pp | EQH |
| FY2021 | −9.3 pp | EQH |
| FY2020 | +21.2 pp | BRO |
| FY2019 | +31.9 pp | BRO |
| FY2018 | −1.0 pp | EQH |
| FY2017 | +11.2 pp | BRO |
| FY2016 | +0.6 pp | BRO |
The higher net margin has changed hands between BRO and EQH over this period.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQH's net margin has been more volatile than BRO's over the 10 comparable fiscal years — 13.1 percentage points of standard deviation against 2.0.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BRO and EQH over these 10 fiscal years — BRO led in 7 and EQH in 3.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQH's return on equity has been more volatile than BRO's over the 8 comparable fiscal years — 26.7 percentage points of standard deviation against 1.7.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BRO and EQH over these 8 fiscal years — BRO led in 4 and EQH in 4.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.