• Brown & Brown average pre-tax profit margin for 2023 was 24.67%, a 0.24% increase from 2022.
• Brown & Brown average pre-tax profit margin for 2022 was 24.61%, a 1.2% increase from 2021.
• Brown & Brown average pre-tax profit margin for 2021 was 24.91%, a 5.6% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.