Brown & Brown, Inc. (NYSE:BRO) Has Attractive Fundamentals
Brown & Brown, Inc. (NYSE:BRO) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of BRO, it is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Brown & Brown here.
Excellent balance sheet average dividend payer
BRO's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that BRO manages its cash and cost levels well, which is an important determinant of the company’s health. BRO seems to have put its debt to good use, generating operating cash levels of 0.4x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
BRO is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Brown & Brown, there are three relevant factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for BRO’s future growth? Take a look at our free research report of analyst consensus for BRO’s outlook.
Historical Performance: What has BRO's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BRO? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
