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Side-by-side financial comparison of Brown & Brown (BRO) and Genpact LTD (G). Click either name above to swap in a different company.

Brown & Brown is the larger business by last-quarter revenue ($1.6B vs $1.3B, roughly 1.2× Genpact LTD). Brown & Brown runs the higher net margin — 16.5% vs 10.8%, a 5.6% gap on every dollar of revenue. On growth, Brown & Brown posted the faster year-over-year revenue change (35.8% vs 5.6%). Brown & Brown produced more free cash flow last quarter ($424.0M vs $269.0M). Over the past eight quarters, Brown & Brown's revenue compounded faster (13.0% CAGR vs 8.0%).

Brown & Brown, Inc. is an American insurance brokerage firm headquartered in Daytona Beach, Florida. It is one of the largest independent insurance intermediaries in the United States, providing risk management solutions, insurance products, and services to businesses, governmental institutions, professional organizations, trade associations, and individuals.

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

BRO vs G — Head-to-Head

Bigger by revenue
BRO
BRO
1.2× larger
BRO
$1.6B
$1.3B
G
Growing faster (revenue YoY)
BRO
BRO
+30.2% gap
BRO
35.8%
5.6%
G
Higher net margin
BRO
BRO
5.6% more per $
BRO
16.5%
10.8%
G
More free cash flow
BRO
BRO
$155.0M more FCF
BRO
$424.0M
$269.0M
G
Faster 2-yr revenue CAGR
BRO
BRO
Annualised
BRO
13.0%
8.0%
G

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRO
BRO
G
G
Revenue
$1.6B
$1.3B
Net Profit
$265.0M
$143.1M
Gross Margin
36.6%
Operating Margin
14.8%
Net Margin
16.5%
10.8%
Revenue YoY
35.8%
5.6%
Net Profit YoY
26.8%
0.8%
EPS (diluted)
$0.55
$0.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BRO
BRO
G
G
Q4 25
$1.6B
$1.3B
Q3 25
$1.6B
$1.3B
Q2 25
$1.3B
$1.3B
Q1 25
$1.4B
$1.2B
Q4 24
$1.2B
$1.2B
Q3 24
$1.2B
$1.2B
Q2 24
$1.2B
$1.2B
Q1 24
$1.3B
$1.1B
Net Profit
BRO
BRO
G
G
Q4 25
$265.0M
$143.1M
Q3 25
$227.0M
$145.8M
Q2 25
$231.0M
$132.7M
Q1 25
$331.0M
$130.9M
Q4 24
$209.0M
$141.9M
Q3 24
$234.0M
$132.8M
Q2 24
$257.0M
$122.0M
Q1 24
$293.0M
$116.9M
Gross Margin
BRO
BRO
G
G
Q4 25
36.6%
Q3 25
36.4%
Q2 25
35.9%
Q1 25
35.3%
Q4 24
35.7%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
35.0%
Operating Margin
BRO
BRO
G
G
Q4 25
14.8%
Q3 25
14.8%
Q2 25
14.3%
Q1 25
15.1%
Q4 24
23.3%
15.2%
Q3 24
26.7%
15.0%
Q2 24
29.4%
14.5%
Q1 24
28.9%
14.1%
Net Margin
BRO
BRO
G
G
Q4 25
16.5%
10.8%
Q3 25
14.1%
11.3%
Q2 25
18.0%
10.6%
Q1 25
23.6%
10.8%
Q4 24
17.7%
11.4%
Q3 24
19.7%
11.0%
Q2 24
21.8%
10.4%
Q1 24
23.3%
10.3%
EPS (diluted)
BRO
BRO
G
G
Q4 25
$0.55
$0.82
Q3 25
$0.68
$0.83
Q2 25
$0.78
$0.75
Q1 25
$1.15
$0.73
Q4 24
$0.73
$0.80
Q3 24
$0.81
$0.74
Q2 24
$0.90
$0.67
Q1 24
$1.02
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BRO
BRO
G
G
Cash + ST InvestmentsLiquidity on hand
$1.1B
$1.2B
Total DebtLower is stronger
$7.6B
$1.5B
Stockholders' EquityBook value
$12.6B
$2.5B
Total Assets
$30.0B
$5.8B
Debt / EquityLower = less leverage
0.61×
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRO
BRO
G
G
Q4 25
$1.1B
$1.2B
Q3 25
$1.2B
$740.8M
Q2 25
$8.9B
$663.3M
Q1 25
$669.0M
$561.6M
Q4 24
$685.0M
$671.6M
Q3 24
$968.0M
$1.0B
Q2 24
$1.1B
$914.2M
Q1 24
$591.0M
$478.4M
Total Debt
BRO
BRO
G
G
Q4 25
$7.6B
$1.5B
Q3 25
$7.7B
$1.2B
Q2 25
$7.5B
$1.2B
Q1 25
$3.8B
$1.2B
Q4 24
$3.8B
$1.2B
Q3 24
$3.6B
$1.6B
Q2 24
$4.1B
$1.6B
Q1 24
$3.9B
$1.2B
Stockholders' Equity
BRO
BRO
G
G
Q4 25
$12.6B
$2.5B
Q3 25
$12.4B
$2.5B
Q2 25
$11.6B
$2.6B
Q1 25
$6.8B
$2.5B
Q4 24
$6.4B
$2.4B
Q3 24
$6.5B
$2.4B
Q2 24
$6.0B
$2.3B
Q1 24
$5.8B
$2.3B
Total Assets
BRO
BRO
G
G
Q4 25
$30.0B
$5.8B
Q3 25
$29.4B
$5.4B
Q2 25
$25.6B
$5.3B
Q1 25
$16.8B
$4.9B
Q4 24
$17.6B
$5.0B
Q3 24
$17.5B
$5.3B
Q2 24
$15.9B
$5.2B
Q1 24
$14.8B
$4.7B
Debt / Equity
BRO
BRO
G
G
Q4 25
0.61×
0.60×
Q3 25
0.62×
0.47×
Q2 25
0.65×
0.47×
Q1 25
0.56×
0.50×
Q4 24
0.59×
0.51×
Q3 24
0.55×
0.68×
Q2 24
0.68×
0.70×
Q1 24
0.67×
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRO
BRO
G
G
Operating Cash FlowLast quarter
$444.0M
$286.7M
Free Cash FlowOCF − Capex
$424.0M
$269.0M
FCF MarginFCF / Revenue
26.4%
20.4%
Capex IntensityCapex / Revenue
1.2%
1.3%
Cash ConversionOCF / Net Profit
1.68×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$734.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRO
BRO
G
G
Q4 25
$444.0M
$286.7M
Q3 25
$468.0M
$308.4M
Q2 25
$325.0M
$177.4M
Q1 25
$213.0M
$40.4M
Q4 24
$361.0M
$203.2M
Q3 24
$440.0M
$228.5M
Q2 24
$360.0M
$209.3M
Q1 24
$13.0M
$-25.6M
Free Cash Flow
BRO
BRO
G
G
Q4 25
$424.0M
$269.0M
Q3 25
$452.0M
$292.0M
Q2 25
$310.0M
$155.1M
Q1 25
$196.0M
$18.5M
Q4 24
$341.0M
$183.5M
Q3 24
$417.0M
$208.7M
Q2 24
$334.0M
$190.0M
Q1 24
$0
$-49.6M
FCF Margin
BRO
BRO
G
G
Q4 25
26.4%
20.4%
Q3 25
28.1%
22.6%
Q2 25
24.1%
12.4%
Q1 25
14.0%
1.5%
Q4 24
28.8%
14.7%
Q3 24
35.2%
17.2%
Q2 24
28.4%
16.2%
Q1 24
0.0%
-4.4%
Capex Intensity
BRO
BRO
G
G
Q4 25
1.2%
1.3%
Q3 25
1.0%
1.3%
Q2 25
1.2%
1.8%
Q1 25
1.2%
1.8%
Q4 24
1.7%
1.6%
Q3 24
1.9%
1.6%
Q2 24
2.2%
1.6%
Q1 24
1.0%
2.1%
Cash Conversion
BRO
BRO
G
G
Q4 25
1.68×
2.00×
Q3 25
2.06×
2.11×
Q2 25
1.41×
1.34×
Q1 25
0.64×
0.31×
Q4 24
1.73×
1.43×
Q3 24
1.88×
1.72×
Q2 24
1.40×
1.72×
Q1 24
0.04×
-0.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BRO
BRO

US$1.4B87%
GB$147.0M9%
Profit Sharing Contingent Commission Revenue$33.0M2%
Other Supplemental Commissions Revenue$25.0M2%

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

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