BRO vs. CW
BRO (Brown & Brown, Inc.) and CW (Curtiss-Wright Corporation) are both stocks. BRO operates in Insurance Brokers (Financial Services), while CW operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, BRO returned 13.77%/yr vs 25.25%/yr for CW. At a 0.31 correlation, their price movements are largely independent.
Performance
BRO vs. CW - Performance Comparison
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Returns By Period
In the year-to-date period, BRO achieves a -25.23% return, which is significantly lower than CW's 38.43% return. Over the past 10 years, BRO has underperformed CW with an annualized return of 13.77%, while CW has yielded a comparatively higher 25.25% annualized return.
BRO
- 1D
- -1.18%
- 1M
- 5.33%
- YTD
- -25.23%
- 6M
- -27.62%
- 1Y
- -43.90%
- 3Y*
- -2.96%
- 5Y*
- 3.10%
- 10Y*
- 13.77%
CW
- 1D
- 0.64%
- 1M
- 7.03%
- YTD
- 38.43%
- 6M
- 39.42%
- 1Y
- 61.45%
- 3Y*
- 63.27%
- 5Y*
- 43.89%
- 10Y*
- 25.25%
BRO vs. CW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | -25.23% | -21.37% | 44.32% | 25.73% | -18.39% | 49.31% | 21.06% | 44.67% | 8.30% | 16.15% |
CW Curtiss-Wright Corporation | 38.43% | 55.66% | 59.73% | 33.98% | 21.03% | 19.86% | -16.83% | 38.70% | -15.79% | 24.56% |
Correlation
The correlation between BRO and CW is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 1992 | 0.31 |
The correlation between BRO and CW shifts across timeframes, from -0.14 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BRO:
$4.76
CW:
$13.64
BRO:
12.44
CW:
55.91
BRO:
0.91
CW:
3.05
BRO:
2.22
CW:
7.92
BRO:
$6.43B
CW:
$3.61B
BRO:
$3.82B
CW:
$1.34B
BRO:
$1.51B
CW:
$745.31M
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Return for Risk
BRO vs. CW — Risk / Return Rank
BRO
CW
BRO vs. CW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brown & Brown, Inc. (BRO) and Curtiss-Wright Corporation (CW). 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.
| BRO | CW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.43 | ||
| Sortino ratioReturn per unit of downside risk | -4.69 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 1.31 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 4.76 | -5.63 |
| Martin ratioReturn relative to average drawdown | -1.45 | 13.83 | -15.28 |
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Drawdowns
BRO vs. CW - Drawdown Comparison
The maximum BRO drawdown since its inception was -55.85%, smaller than the maximum CW drawdown of -59.19%. Use the drawdown chart below to compare losses from any high point for BRO and CW.
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Drawdown Indicators
| BRO | CW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.85% | -59.19% | +3.34% |
Max Drawdown (1Y)Largest decline over 1 year | -50.55% | -12.97% | -37.58% |
Max Drawdown (3Y)Largest decline over 3 years | -55.85% | -27.21% | -28.64% |
Max Drawdown (5Y)Largest decline over 5 years | -55.85% | -27.21% | -28.64% |
Max Drawdown (10Y)Largest decline over 10 years | -55.85% | -48.73% | -7.12% |
Current DrawdownCurrent decline from peak | -51.87% | 0.00% | -51.87% |
Average DrawdownAverage peak-to-trough decline | -13.54% | -13.89% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.26% | 4.46% | +25.80% |
Volatility
BRO vs. CW - Volatility Comparison
The current volatility for Brown & Brown, Inc. (BRO) is 8.51%, while Curtiss-Wright Corporation (CW) has a volatility of 10.42%. This indicates that BRO experiences smaller price fluctuations and is considered to be less risky than CW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRO | CW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 10.42% | -1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 21.83% | 25.90% | -4.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.43% | 33.02% | -4.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.83% | 27.89% | -3.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.71% | 30.32% | -6.61% |
Dividends
BRO vs. CW - Dividend Comparison
BRO's dividend yield for the trailing twelve months is around 1.09%, more than CW's 0.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | 1.09% | 0.77% | 0.53% | 0.67% | 0.74% | 0.54% | 0.73% | 0.82% | 1.11% | 1.08% | 1.12% | 1.41% |
CW Curtiss-Wright Corporation | 0.16% | 0.17% | 0.23% | 0.35% | 0.45% | 0.51% | 0.58% | 0.47% | 0.59% | 0.46% | 0.53% | 0.76% |
Financials
BRO vs. CW - Financials Comparison
This section allows you to compare key financial metrics between Brown & Brown, Inc. and Curtiss-Wright Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BRO vs. CW - Profitability Comparison
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%.
CW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported a gross profit of 331.48M and revenue of 913.69M. Therefore, the gross margin over that period was 36.3%.
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%.
CW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported an operating income of 160.42M and revenue of 913.69M, resulting in an operating margin of 17.6%.
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%.
CW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Curtiss-Wright Corporation reported a net income of 128.19M and revenue of 913.69M, resulting in a net margin of 14.0%.
Frequently Asked Questions
BRO and CW have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CW has higher volatility (10.42%) compared to BRO (8.51%). In terms of maximum drawdown, BRO dropped -55.85% vs CW's -59.19%.
CW currently has the higher Sharpe Ratio (1.87 vs -1.55), 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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