The Baldwin Insurance Group, Inc.

The Baldwin Insurance Group, Inc.

BWIN
The Baldwin Insurance Group, Inc.US flagNASDAQ Global Market
29.65
USD
+0.26
- -
2.40BMarket Cap
The Baldwin Insurance Group, Inc.
BWIN
(NASDAQ Global Market)

Recent

price

29.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.17
1.86
7.53
8.53
11.77
17.06
20.08
21.69
21.91
21.25
Revenue per Share
0.04
-0.01
-0.48
-0.58
-0.64
-0.74
-1.5
-0.39
-0.5
-1
Basic EPS, GAAP
0.2
0.28
0.67
1.35
0.84
-0.04
- -
0.81
-0.43
1.12
Free Cash Flow per Basic Share
0.17
0.23
0.59
- -
- -
- -
0.01
- -
- -
- -
Dividend per Share
-2.47
-3.88
3.78
8.18
10.38
9.9
8.74
8.58
8.36
6.34
Book Value per Share
-4.6
-9.71
-9.48
-18.64
-26.7
-31.15
-29.15
-26.22
-26.41
-23.08
Tangible Book Value per Share
40
42
18
27
48
57
60
63
68
81
Basic Weighted Avg Shares
47
79
135
232
560
969
1,208
1,376
1,488
1,722
Sales/Revenue/Turnover
13.13
13.64
4.27
-0.61
2.42
0.12
1.53
4.05
5.34
-6.15
Operating Margin (%)
1
3
11
20
52
86
98
109
128
189
Depreciation Expense
2
-1
-9
-16
-31
-42
-90
-25
-34
-81
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
3.6
-0.79
-6.41
-6.77
-5.47
-4.31
-7.46
-1.78
-2.27
-4.72
Profit Margin (%)
-4
5
60
85
38
73
-108
-30
167
126
Working Capital
24
72
40
381
921
1,403
1,388
1,467
1,731
2,528
LT Debt
-16
-17
237
770
1,188
1,140
1,019
1,009
1,084
1,422
Total Equity
- -
31.95
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
7.98
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
-7.12
-6.28
-6.87
-15.43
-4.29
-5.71
-10.72
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
40
154
159
LT Borrowings
1,673
2,344
2,453
LT Finance Leases
58
75
75
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
97
139
Market Capitalization
1,725
2,120
3,706

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,200
1,594
1,846
Cash, Cash Equivalents & STI
124
146
184
Accounts Receivable, Net
342
448
434
Inventories
- -
- -
- -
Total Current Liabilities
1,033
1,474
1,721
Payables & Accruals
838
192
179
ST Debt
40
154
159
Deferred Revenue
38
41
46

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.22%
7.49%
Free Cash Flow
- -
22,279.63%
-157.17%
Net Income, GAAP
- -
42.49%
37.91%
Sales/Revenue/Turnover
- -
52.3%
8.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
378
339
336
323
1,376
2025
409
374
363
343
1,488
2026
528
488
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
-0.28
-0.13
-0.31
-0.39
2025
0.21
-0.05
-0.27
-0.37
-0.5
2026
0.02
-0.42
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
The Baldwin Insurance Group, Inc. operates as a prominent independent insurance distribution enterprise, delivering comprehensive insurance and risk management solutions across the United States. The firm is structured into three primary divisions: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment offers commercial risk guidance, employee benefits programs, and sophisticated private risk management services for both businesses and affluent individuals, along with their families. The Underwriting, Capacity & Technology Solutions segment encompasses the Future platform, which generates a suite of technologically advanced insurance offerings spanning personal, commercial, and specialized lines; a dedicated specialty wholesale brokerage serving professionals, individuals, and niche industries; and reinsurance brokerage services. This segment also includes initiatives like embedded insurance platforms, partnering with homebuilders and mortgage originators. The Mainstreet Insurance Solutions segment provides essential personal, commercial, and life and health insurance coverage to individuals and local businesses. The company, previously known as BRP Group, Inc., officially adopted the name The Baldwin Insurance Group, Inc. in May 2024, with its ticker symbol changing to BWIN on NASDAQ on May 20, 2024. Established in 2011, The Baldwin Insurance Group, Inc. is headquartered in Tampa, Florida. The company serves over two million clients nationwide and internationally.

Company News

  • A Look at The Baldwin Insurance Group Inc (BWIN) After 5.0% Decline -- GF Value $29.57 vs Price $28.23

  • Bank of New York Mellon Corp Makes New $81.80 Million Investment in Baldwin Insurance Group, Inc. $BWIN

  • The Baldwin Insurance Group, Inc. (BWIN) Q2 2026 Earnings Call Transcript

  • The Baldwin Insurance Group (BWIN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

  • The Baldwin Insurance Group (BWIN) Q2 Earnings and Revenues Beat Estimates

  • Baldwin Insurance Group Q2 Earnings Call Highlights

  • The Baldwin Group Announces Second Quarter 2026 Results

  • The Baldwin Insurance Group (BWIN)'s Technical Outlook is Bright After Key Golden Cross

  • The Baldwin Group Q2 2026 Market Pulse: Property Pricing Relief Creates New Flexibility as Casualty Risks Persist

  • The Baldwin Insurance Group (BWIN) Earnings Expected to Grow: Should You Buy?

  • Baldwin Insurance Group, Inc. $BWIN is Annis Gardner Whiting Capital Advisors LLC’s 2nd Largest Position

  • Altes Capital and Zero Intensity Announce Data Center Underwriting Collaboration

  • The Baldwin Group to Report Second Quarter 2026 Results on Thursday, July 30, 2026

  • The Baldwin Insurance Group (BWIN) Moves 16.8% Higher: Will This Strength Last?

  • The Baldwin Group to Participate in the 46th Annual William Blair Growth Stock Conference

  • Baldwin Insurance: Growth Set To Accelerate Despite AI Fears

  • D&O Insurance Market Continues to Stabilize as Premiums Moderate, Finds The Baldwin Group and Nasdaq Study

  • The Baldwin Group Q1 2026 Market Pulse: Insurance Market Fragments as Property Softens and Casualty Pressures Persist

  • Artisan Small Cap Fund Q1 2026 Portfolio Activity

  • The Baldwin Insurance Group, Inc. (BWIN) Q1 2026 Earnings Call Transcript