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

Brown & Brown is the larger business by last-quarter revenue ($1.6B vs $1.1B, roughly 1.5× ITT INC.). Brown & Brown runs the higher net margin — 16.5% vs 12.5%, a 4.0% gap on every dollar of revenue. On growth, Brown & Brown posted the faster year-over-year revenue change (35.8% vs 13.5%). Brown & Brown produced more free cash flow last quarter ($424.0M vs $187.4M). Over the past eight quarters, Brown & Brown's revenue compounded faster (13.0% CAGR vs 7.6%).

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.

ITT Inc., formerly ITT Corporation, is an American manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy, and industrial markets. ITT's three business units are Industrial Process, Motion Technologies, and Connect and Control Technologies.

BRO vs ITT — Head-to-Head

Bigger by revenue
BRO
BRO
1.5× larger
BRO
$1.6B
$1.1B
ITT
Growing faster (revenue YoY)
BRO
BRO
+22.4% gap
BRO
35.8%
13.5%
ITT
Higher net margin
BRO
BRO
4.0% more per $
BRO
16.5%
12.5%
ITT
More free cash flow
BRO
BRO
$236.6M more FCF
BRO
$424.0M
$187.4M
ITT
Faster 2-yr revenue CAGR
BRO
BRO
Annualised
BRO
13.0%
7.6%
ITT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRO
BRO
ITT
ITT
Revenue
$1.6B
$1.1B
Net Profit
$265.0M
$131.7M
Gross Margin
35.5%
Operating Margin
17.0%
Net Margin
16.5%
12.5%
Revenue YoY
35.8%
13.5%
Net Profit YoY
26.8%
3.7%
EPS (diluted)
$0.55
$1.64

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
ITT
ITT
Q4 25
$1.6B
$1.1B
Q3 25
$1.6B
$999.1M
Q2 25
$1.3B
$972.4M
Q1 25
$1.4B
$913.0M
Q4 24
$1.2B
$929.0M
Q3 24
$1.2B
$885.2M
Q2 24
$1.2B
$905.9M
Q1 24
$1.3B
$910.6M
Net Profit
BRO
BRO
ITT
ITT
Q4 25
$265.0M
$131.7M
Q3 25
$227.0M
$126.9M
Q2 25
$231.0M
$121.0M
Q1 25
$331.0M
$108.4M
Q4 24
$209.0M
$127.0M
Q3 24
$234.0M
$161.1M
Q2 24
$257.0M
$119.2M
Q1 24
$293.0M
$111.0M
Gross Margin
BRO
BRO
ITT
ITT
Q4 25
35.5%
Q3 25
35.6%
Q2 25
35.7%
Q1 25
34.6%
Q4 24
34.1%
Q3 24
35.5%
Q2 24
34.9%
Q1 24
33.0%
Operating Margin
BRO
BRO
ITT
ITT
Q4 25
17.0%
Q3 25
18.0%
Q2 25
18.0%
Q1 25
16.5%
Q4 24
23.3%
17.2%
Q3 24
26.7%
23.5%
Q2 24
29.4%
17.6%
Q1 24
28.9%
16.4%
Net Margin
BRO
BRO
ITT
ITT
Q4 25
16.5%
12.5%
Q3 25
14.1%
12.7%
Q2 25
18.0%
12.4%
Q1 25
23.6%
11.9%
Q4 24
17.7%
13.7%
Q3 24
19.7%
18.2%
Q2 24
21.8%
13.2%
Q1 24
23.3%
12.2%
EPS (diluted)
BRO
BRO
ITT
ITT
Q4 25
$0.55
$1.64
Q3 25
$0.68
$1.62
Q2 25
$0.78
$1.52
Q1 25
$1.15
$1.33
Q4 24
$0.73
$1.54
Q3 24
$0.81
$1.96
Q2 24
$0.90
$1.45
Q1 24
$1.02
$1.35

Balance Sheet & Financial Strength

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

Metric
BRO
BRO
ITT
ITT
Cash + ST InvestmentsLiquidity on hand
$1.1B
$1.7B
Total DebtLower is stronger
$7.6B
$521.5M
Stockholders' EquityBook value
$12.6B
$4.1B
Total Assets
$30.0B
$6.3B
Debt / EquityLower = less leverage
0.61×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRO
BRO
ITT
ITT
Q4 25
$1.1B
$1.7B
Q3 25
$1.2B
$516.4M
Q2 25
$8.9B
$467.9M
Q1 25
$669.0M
$439.8M
Q4 24
$685.0M
$439.3M
Q3 24
$968.0M
$460.9M
Q2 24
$1.1B
$425.5M
Q1 24
$591.0M
$423.0M
Total Debt
BRO
BRO
ITT
ITT
Q4 25
$7.6B
$521.5M
Q3 25
$7.7B
$577.7M
Q2 25
$7.5B
$622.5M
Q1 25
$3.8B
$4.5M
Q4 24
$3.8B
$232.6M
Q3 24
$3.6B
$467.8M
Q2 24
$4.1B
$190.0M
Q1 24
$3.9B
$230.5M
Stockholders' Equity
BRO
BRO
ITT
ITT
Q4 25
$12.6B
$4.1B
Q3 25
$12.4B
$2.7B
Q2 25
$11.6B
$2.6B
Q1 25
$6.8B
$2.8B
Q4 24
$6.4B
$2.8B
Q3 24
$6.5B
$2.7B
Q2 24
$6.0B
$2.6B
Q1 24
$5.8B
$2.6B
Total Assets
BRO
BRO
ITT
ITT
Q4 25
$30.0B
$6.3B
Q3 25
$29.4B
$5.1B
Q2 25
$25.6B
$5.0B
Q1 25
$16.8B
$4.8B
Q4 24
$17.6B
$4.7B
Q3 24
$17.5B
$4.9B
Q2 24
$15.9B
$4.4B
Q1 24
$14.8B
$4.4B
Debt / Equity
BRO
BRO
ITT
ITT
Q4 25
0.61×
0.13×
Q3 25
0.62×
0.22×
Q2 25
0.65×
0.24×
Q1 25
0.56×
0.00×
Q4 24
0.59×
0.08×
Q3 24
0.55×
0.17×
Q2 24
0.68×
0.07×
Q1 24
0.67×
0.09×

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
ITT
ITT
Operating Cash FlowLast quarter
$444.0M
$227.8M
Free Cash FlowOCF − Capex
$424.0M
$187.4M
FCF MarginFCF / Revenue
26.4%
17.8%
Capex IntensityCapex / Revenue
1.2%
3.8%
Cash ConversionOCF / Net Profit
1.68×
1.73×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$547.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRO
BRO
ITT
ITT
Q4 25
$444.0M
$227.8M
Q3 25
$468.0M
$173.9M
Q2 25
$325.0M
$153.7M
Q1 25
$213.0M
$113.4M
Q4 24
$361.0M
$223.2M
Q3 24
$440.0M
$123.9M
Q2 24
$360.0M
$157.7M
Q1 24
$13.0M
$57.8M
Free Cash Flow
BRO
BRO
ITT
ITT
Q4 25
$424.0M
$187.4M
Q3 25
$452.0M
$146.2M
Q2 25
$310.0M
$137.3M
Q1 25
$196.0M
$76.6M
Q4 24
$341.0M
$186.8M
Q3 24
$417.0M
$87.3M
Q2 24
$334.0M
$134.5M
Q1 24
$0
$30.1M
FCF Margin
BRO
BRO
ITT
ITT
Q4 25
26.4%
17.8%
Q3 25
28.1%
14.6%
Q2 25
24.1%
14.1%
Q1 25
14.0%
8.4%
Q4 24
28.8%
20.1%
Q3 24
35.2%
9.9%
Q2 24
28.4%
14.8%
Q1 24
0.0%
3.3%
Capex Intensity
BRO
BRO
ITT
ITT
Q4 25
1.2%
3.8%
Q3 25
1.0%
2.8%
Q2 25
1.2%
1.7%
Q1 25
1.2%
4.0%
Q4 24
1.7%
3.9%
Q3 24
1.9%
4.1%
Q2 24
2.2%
2.6%
Q1 24
1.0%
3.0%
Cash Conversion
BRO
BRO
ITT
ITT
Q4 25
1.68×
1.73×
Q3 25
2.06×
1.37×
Q2 25
1.41×
1.27×
Q1 25
0.64×
1.05×
Q4 24
1.73×
1.76×
Q3 24
1.88×
0.77×
Q2 24
1.40×
1.32×
Q1 24
0.04×
0.52×

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%

ITT
ITT

Industrial Process$423.1M40%
Motion Technologies$360.8M34%
Connect Control Technologies$271.2M26%

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