Brown & Brown is an insurance agency, wholesale brokerage, insurance programs and service organization. Co.'s segments are: Retail, which provides a range of insurance products and services and non-insurance services and products through its automobile dealer services businesses; National Programs, which provides program management capabilities for insurance carrier partners across various lines of business, that include personal lines programs, commercial lines programs, public entity programs and specialty programs; Wholesale Brokerage, which markets and sells excess and surplus commercial insurance products and services; and Services, which provides a range of insurance-related services. We show 61 historical shares outstanding datapoints in our BRO shares outstanding history coverage, used to compute BRO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BRO market cap history over the course of time is important for investors
interested in comparing BRO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BRO versus a peer is one thing; comparing
BRO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BRO can fluctuate over the course of history.
With this page we aim to empower investors researching BRO by allowing them to research the BRO market cap history. |
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Video: The Importance of Market Cap
