BRP Group, Inc.

BRP Group, Inc.verified

BRP

Price:

$32.66

Market Cap:

$2.16B

BRP Group, Inc. markets and sells insurance products and services in the United States. The company operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market segment provides commercial risk management, employee benefits solutions, and private risk management for mid-to-large size businesses and high net worth individuals, as well as its families. The Specialty segment delivers specialty insurers, professionals, individuals, and industry businesses the access to specialty markets, as well as capabilities and programs requiring underwriting and placement. This segment also operates as a managing general agent of the Future platform, which delivers p...[Read more]

Industry

Insurance - Brokers

IPO Date

2019-10-24

Stock Exchange

NASDAQ

Ticker

BRP

The Current Ratio as of September 2024 (TTM) for BRP Group, Inc. (BRP) is 0.90

According to BRP Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.90. This represents a change of -4.74% compared to the average of 0.95 of the last 4 quarters.

BRP Group, Inc. (BRP) Historical Current Ratio (quarterly & annually)

How has BRP Current Ratio performed in the past?

The mean historical Current Ratio of BRP Group, Inc. over the last ten years is 1.16. The current 0.90 Current Ratio has changed 7.67% with respect to the historical average. Over the past ten years (40 quarters), BRP's Current Ratio was at its highest in in the June 2020 quarter at 2.15. The Current Ratio was at its lowest in in the September 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

1.16

Median

1.10

Minimum

0.69

Maximum

1.83

BRP Group, Inc. (BRP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of BRP Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 67.79%

Maximum Annual Current Ratio = 1.83

Minimum Annual Increase = -23.90%

Minimum Annual Current Ratio = 0.69

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.90-18.90%
20221.103.27%
20211.07-22.98%
20201.39-23.90%
20191.8357.15%
20181.1667.79%

BRP Group, Inc. (BRP) Average Current Ratio

How has BRP Current Ratio performed in the past?

The current Current Ratio of BRP Group, Inc. (BRP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.02

5-year avg

1.26

10-year avg

1.16

BRP Group, Inc. (BRP) Current Ratio vs. Peers

How is BRP’s Current Ratio compared to its peers?

BRP Group, Inc.’s Current Ratio is less than Arthur J. Gallagher & Co. (1.04), less than Marsh & McLennan Companies, Inc. (1.17), less than Willis Towers Watson Public Limited Company (1.11), less than Erie Indemnity Company (1.32), less than Aon plc (1.09), less than Fanhua Inc. (2.32), less than CorVel Corporation (1.66), less than Brown & Brown, Inc. (1.13), less than Huize Holding Limited (1.50), less than Crawford & Company (1.29), less than eHealth, Inc. (3.06), less than Crawford & Company (1.29),

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