WallStSmart

Accelerant Holdings (ARX)vsBrown & Brown Inc (BRO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Brown & Brown Inc generates 599% more annual revenue ($6.66B vs $953.90M). BRO leads profitability with a 18.1% profit margin vs -150.6%. BRO earns a higher WallStSmart Score of 75/100 (B).

ARX

Avoid

34

out of 100

Grade: F

Growth: 7.3Profit: 2.5Value: 5.0Quality: 5.5
Piotroski: 5/9Altman Z: -0.52

BRO

Strong Buy

75

out of 100

Grade: B

Growth: 8.0Profit: 7.5Value: 5.0Quality: 4.5
Piotroski: 2/9Altman Z: 1.15

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARX2 strengths · Avg: 9.5/10
Revenue GrowthGrowth
59.7%10/10

Revenue surging 59.7% year-over-year

Debt/EquityHealth
0.179/10

Conservative balance sheet, low leverage

BRO3 strengths · Avg: 9.3/10
Operating MarginProfitability
41.8%10/10

Strong operational efficiency at 41.8%

Revenue GrowthGrowth
32.4%10/10

Revenue surging 32.4% year-over-year

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

Areas to Watch

ARX4 concerns · Avg: 2.0/10
Return on EquityProfitability
-197.2%2/10

ROE of -197.2% — below average capital efficiency

EPS GrowthGrowth
-11.1%2/10

Earnings declined 11.1%

Free Cash FlowQuality
$-28.10M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
-0.522/10

Distress zone — elevated risk

BRO3 concerns · Avg: 3.0/10
PEG RatioValuation
1.514/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.152/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ARX

The strongest argument for ARX centers on Revenue Growth, Debt/Equity. Revenue growth of 59.7% demonstrates continued momentum.

Bull Case : BRO

The strongest argument for BRO centers on Operating Margin, Revenue Growth, Price/Book. Profitability is solid with margins at 18.1% and operating margin at 41.8%. Revenue growth of 32.4% demonstrates continued momentum.

Bear Case : ARX

The primary concerns for ARX are Return on Equity, EPS Growth, Free Cash Flow.

Bear Case : BRO

The primary concerns for BRO are PEG Ratio, Piotroski F-Score, Altman Z-Score.

Key Dynamics to Monitor

ARX profiles as a hypergrowth stock while BRO is a growth play — different risk/reward profiles.

ARX is growing revenue faster at 59.7% — sustainability is the question.

BRO generates stronger free cash flow (329M), providing more financial flexibility.

Monitor INSURANCE BROKERS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BRO scores higher overall (75/100 vs 34/100), backed by strong 18.1% margins and 32.4% revenue growth. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Accelerant Holdings

FINANCIAL SERVICES · INSURANCE BROKERS · USA

Accelerant Holdings (ARX) is an innovative specialty insurance and reinsurance provider committed to serving underserved markets with a collaborative membership model. Utilizing advanced data analytics and cutting-edge technology, the company enhances underwriting performance and fosters innovation in risk management alongside its insurance partners. This strategic framework allows Accelerant to agilely adapt to the evolving insurance landscape, thereby positioning itself for sustained long-term growth anchored in operational excellence.

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Brown & Brown Inc

FINANCIAL SERVICES · INSURANCE BROKERS · USA

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, the Cayman Islands, Ireland, and the United Kingdom. The company is headquartered in Daytona Beach, Florida.

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