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BF-B vs. BRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

BF-B vs. BRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown-Forman Corporation (BF-B) and Brown & Brown, Inc. (BRO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BF-B achieves a 6.41% return, which is significantly higher than BRO's -23.82% return. Over the past 10 years, BF-B has underperformed BRO with an annualized return of -1.35%, while BRO has yielded a comparatively higher 13.98% annualized return.


BF-B

1D
-0.07%
1M
4.88%
YTD
6.41%
6M
4.10%
1Y
6.37%
3Y*
-23.33%
5Y*
-16.32%
10Y*
-1.35%

BRO

1D
3.71%
1M
4.46%
YTD
-23.82%
6M
-24.07%
1Y
-45.06%
3Y*
-2.44%
5Y*
3.28%
10Y*
13.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BF-B vs. BRO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BF-B
Brown-Forman Corporation
6.41%-29.29%-32.23%-11.91%-8.86%-6.07%18.67%43.78%-10.98%55.01%
BRO
Brown & Brown, Inc.
-23.82%-21.37%44.32%25.73%-18.39%49.31%21.06%44.67%8.30%16.15%

Correlation

The correlation between BF-B and BRO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.13

Correlation (3Y)
Calculated over the trailing 3-year period

0.19

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (10Y)
Calculated over the trailing 10-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Mar 3, 1992

0.26

The correlation between BF-B and BRO shifts across timeframes, from 0.13 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS

BF-B:

$1.71

BRO:

$4.76

PE Ratio

BF-B:

15.96

BRO:

12.68

PEG Ratio

BF-B:

19.83

BRO:

0.93

PS Ratio

BF-B:

3.29

BRO:

2.27

Total Revenue (TTM)

BF-B:

$3.91B

BRO:

$6.43B

Gross Profit (TTM)

BF-B:

$2.32B

BRO:

$3.82B

EBITDA (TTM)

BF-B:

$1.19B

BRO:

$1.51B

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Return for Risk

BF-B vs. BRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BF-B
BF-B Risk / Return Rank: 4747
Overall Rank
BF-B Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
BF-B Sortino Ratio Rank: 4444
Sortino Ratio Rank
BF-B Omega Ratio Rank: 4444
Omega Ratio Rank
BF-B Calmar Ratio Rank: 4949
Calmar Ratio Rank
BF-B Martin Ratio Rank: 4949
Martin Ratio Rank

BRO
BRO Risk / Return Rank: 44
Overall Rank
BRO Sharpe Ratio Rank: 00
Sharpe Ratio Rank
BRO Sortino Ratio Rank: 11
Sortino Ratio Rank
BRO Omega Ratio Rank: 22
Omega Ratio Rank
BRO Calmar Ratio Rank: 77
Calmar Ratio Rank
BRO Martin Ratio Rank: 77
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BF-B vs. BRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown-Forman Corporation (BF-B) and Brown & Brown, Inc. (BRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BF-BBRODifference
Sharpe ratioReturn per unit of total volatility

+1.75

Sortino ratioReturn per unit of downside risk

+2.86

Omega ratioGain probability vs. loss probability

1.06

0.70

+0.36

Calmar ratioReturn relative to maximum drawdown

0.25

-0.89

+1.15

Martin ratioReturn relative to average drawdown

0.57

-1.46

+2.02

BF-B vs. BRO - Sharpe Ratio Comparison

The current BF-B Sharpe Ratio is 0.17, which is higher than the BRO Sharpe Ratio of -1.58. The chart below compares the historical Sharpe Ratios of BF-B and BRO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BF-B vs. BRO - Drawdown Comparison

The maximum BF-B drawdown since its inception was -68.96%, which is greater than BRO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for BF-B and BRO.


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Drawdown Indicators


BF-BBRODifference

Max Drawdown

Largest peak-to-trough decline

-68.96%

-55.85%

-13.11%

Max Drawdown (1Y)

Largest decline over 1 year

-25.48%

-50.55%

+25.07%

Max Drawdown (3Y)

Largest decline over 3 years

-65.65%

-55.85%

-9.80%

Max Drawdown (5Y)

Largest decline over 5 years

-68.31%

-55.85%

-12.46%

Max Drawdown (10Y)

Largest decline over 10 years

-68.96%

-55.85%

-13.11%

Current Drawdown

Current decline from peak

-62.59%

-50.96%

-11.63%

Average Drawdown

Average peak-to-trough decline

-11.64%

-13.57%

+1.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.27%

30.94%

-19.67%

Volatility

BF-B vs. BRO - Volatility Comparison

Brown-Forman Corporation (BF-B) has a higher volatility of 9.37% compared to Brown & Brown, Inc. (BRO) at 8.14%. This indicates that BF-B's price experiences larger fluctuations and is considered to be riskier than BRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BF-BBRODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.37%

8.14%

+1.23%

Volatility (6M)

Calculated over the trailing 6-month period

31.36%

21.98%

+9.38%

Volatility (1Y)

Calculated over the trailing 1-year period

38.64%

28.66%

+9.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.97%

24.89%

+5.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.07%

23.71%

+4.36%

Dividends

BF-B vs. BRO - Dividend Comparison

BF-B's dividend yield for the trailing twelve months is around 3.38%, more than BRO's 1.07% yield.


PositionTTM20252024202320222021202020192018201720162015
BF-B
Brown-Forman Corporation
3.38%3.49%2.32%1.46%1.17%2.37%0.88%0.99%3.10%1.09%1.54%1.29%
BRO
Brown & Brown, Inc.
1.07%0.77%0.53%0.67%0.74%0.54%0.73%0.82%1.11%1.08%1.12%1.41%

Financials

BF-B vs. BRO - Financials Comparison

This section allows you to compare key financial metrics between Brown-Forman Corporation and Brown & Brown, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


800.00M1.00B1.20B1.40B1.60B1.80B2.00BJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
1.06B
1.90B
(BF-B) Total Revenue
(BRO) Total Revenue
Values in USD except per share items

BF-B vs. BRO - Profitability Comparison

The chart below illustrates the profitability comparison between Brown-Forman Corporation and Brown & Brown, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

40.0%50.0%60.0%70.0%80.0%JulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
60.6%
52.3%
Portfolio components
BF-B - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported a gross profit of 640.00M and revenue of 1.06B. Therefore, the gross margin over that period was 60.6%.

BRO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported a gross profit of 994.00M and revenue of 1.90B. Therefore, the gross margin over that period was 52.3%.

BF-B - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported an operating income of 343.00M and revenue of 1.06B, resulting in an operating margin of 32.5%.

BRO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported an operating income of 0.00 and revenue of 1.90B, resulting in an operating margin of 0.0%.

BF-B - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported a net income of 267.00M and revenue of 1.06B, resulting in a net margin of 25.3%.

BRO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported a net income of 426.00M and revenue of 1.90B, resulting in a net margin of 22.4%.


Frequently Asked Questions


BF-B and BRO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BF-B has higher volatility (9.37%) compared to BRO (8.14%). In terms of maximum drawdown, BF-B dropped -68.96% vs BRO's -55.85%.

BF-B currently has the higher Sharpe Ratio (0.17 vs -1.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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