• Brown & Brown average ebitda margin for 2023 was 33.33%, a 2.49% increase from 2022.
• Brown & Brown average ebitda margin for 2022 was 32.52%, a 1.12% increase from 2021.
• Brown & Brown average ebitda margin for 2021 was 32.16%, a 2.91% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.