Brown & Brown (BRO) vs Marsh (MRSH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Marsh (MRSH) has outperformed Brown & Brown (BRO) over the past year, losing 14.8% versus a loss of 35.4%. Over five years, MRSH leads with a +7.2% price change compared with -4.0% for BRO. Marsh is the larger company by market cap ($82.53 billion vs $20.69 billion), about 4.0 times the size, while Brown & Brown is growing revenue faster (+22.8% vs +10.3%).
On valuation, Brown & Brown trades at a lower forward P/E (12.8x vs 15.1x for Marsh). Marsh offers the higher dividend yield (2.13% vs 1.04%). Brown & Brown converts more of its revenue into profit, with a net margin of 17.9% versus 15.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BRO | MRSH |
|---|---|---|
| Share price | $61.83 | $172.94 |
| Market cap | $20.69B | $82.53B |
| 1-day change | +0.17% | -0.41% |
| YTD return | -22.56% | -6.39% |
| 1-year return | -35.41% | -14.81% |
| 5-year return | -4.04% | +7.20% |
| P/E ratio (TTM) | 19.50 | 21.14 |
| Forward P/E | 12.81 | 15.14 |
| EPS (TTM) | $3.17 | $8.18 |
| Dividend yield | 1.04% | 2.13% |
| Annual dividend | $0.645 | $3.69 |
| Revenue (latest FY) | $5.90B | $26.98B |
| Revenue growth (YoY) | +22.83% | +10.32% |
| Net income (latest FY) | $1.05B | $4.16B |
| Operating margin | — | 23.06% |
| Net margin | 17.86% | 15.42% |
| 52-week high | $96.13 | $207.83 |
| 52-week low | $53.81 | $156.60 |
| Distance from 52-week high | -35.69% | -16.79% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +21.41% | +18.48% |
| Average volume | 2.29M | 2.49M |
| Shares outstanding | 334.61M | 477.21M |
| Employees | 22,888 | 95,000 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Specialty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Marsh is about 4.0 times larger than Brown & Brown by market value ($82.53B vs $20.69B).
- MRSH has outperformed BRO by 20.6 percentage points over the past year.
- Marsh offers a meaningfully higher dividend yield (2.13% vs 1.04%).
- Brown & Brown grew revenue faster in its latest fiscal year (+22.83% vs +10.32%).
About Brown & Brown
BRO stock →Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.
Finance · Specialty Insurers · 22,888 employees
About Marsh
MRSH stock →Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide. The company operates through Risk and Insurance Services, and Consulting segments.
Finance · Specialty Insurers · 95,000 employees
BRO vs MRSH FAQ
Which is bigger, Brown & Brown or Marsh?
Marsh (MRSH) is larger, with a market capitalization of $82.53B compared with $20.69B for Brown & Brown (BRO).
Which stock has performed better over the past year, BRO or MRSH?
MRSH returned -14.81% over the past 12 months, compared with -35.41% for BRO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BRO or MRSH?
BRO has the lower trailing P/E at 19.5, versus 21.1 for MRSH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Brown & Brown or Marsh?
Marsh has the higher yield at 2.13%, compared with 1.04% for Brown & Brown.
Are Brown & Brown and Marsh in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.