BWINNasdaqInsurance Agents, Brokers & ServiceFiscal year ends December 31
Baldwin Insurance Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$31.87−0.04 (-0.13%)
Close on Oct 19, 2026
- Market cap
- $2.96B
- P/E (TTM)
- –
- Dividend yield
- –
Baldwin Insurance statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Insurance Agents, Brokers & Service companies for comparison
Valuation
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Market Cap | $4.45B | $4.02B |
| Enterprise Value | $4.81B | $2.79B |
| PS Ratio | 2.56 | 3.26 |
| PB Ratio | 5.03 | 4.61 |
| P/FCF Ratio | 101.72 | 19.72 |
| P/OCF Ratio | 48.98 | 18.67 |
Enterprise value
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| EV / Sales | 2.77 | 3.60 |
| EV / EBITDA | 69.81 | 17.28 |
| EV / FCF | 110.15 | 23.09 |
Income (trailing twelve months)
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Revenue | $1.74B | $1.25B |
| Operating Income | -$119.63M | $72.92M |
| Pretax Income | -$275.18M | $59.81M |
| Net Income | -$81.24M | $37.15M |
| EBITDA | $68.96M | $78.16M |
| EPS (Diluted) | -$1.04 | $0.42 |
Margins
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Operating Margin | -6.88% | 18.3% |
| Pretax Margin | -15.8% | 15.4% |
| Profit Margin | -4.67% | 9.37% |
| EBITDA Margin | 3.97% | 17.9% |
| FCF Margin | 2.52% | 14.6% |
Returns
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Return on Equity (ROE) | -10.7% | 17.7% |
| Return on Assets (ROA) | -1.64% | 3.68% |
| Return on Invested Capital (ROIC) | -19.4% | 15.0% |
| Return on Capital Employed (ROCE) | -2.69% | 15.4% |
Growth
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 18.9% | 11.0% |
| Revenue Growth (3Y CAGR) | 15.3% | 12.7% |
Balance sheet
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $184.50M | $154.22M |
| Total Debt | $16.09M | $343.77M |
| Net Cash (Debt) | $168.41M | $8.90K |
| Net Cash Per Share | $1.21 | $0.00 |
| Equity (Book Value) | $884.43M | $351.81M |
| Book Value Per Share | $6.34 | $3.30 |
| Tangible Book Value | -$3.22B | -$4.39M |
| Working Capital | $125.53M | $103.45M |
Financial position
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Current Ratio | 1.07 | 1.16 |
| Quick Ratio | 0.11 | 0.35 |
| Debt / Equity | 0.02 | 0.85 |
| Debt / EBITDA | 0.23 | 2.97 |
| Debt / FCF | 0.37 | 3.98 |
| Net Debt / EBITDA | -2.44 | 2.47 |
Cash flow (trailing twelve months)
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Operating Cash Flow | $90.77M | $88.46M |
| Capital Expenditures | -$47.07M | -$28.94M |
| Free Cash Flow | $43.71M | $113.82M |
| FCF Per Share | $0.31 | $2.17 |
Efficiency
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Asset Turnover | 0.35 | 0.56 |
| Revenue Per Employee | $347.57K | $362.44K |
| Profits Per Employee | -$16.25K | $21.91K |
| Employee Count | 5,000 | 1,891 |
Dividends and yields
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Earnings Yield | -1.83% | 2.64% |
| FCF Yield | 0.98% | 4.94% |
Shares
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Shares Outstanding | 139,498,000 | 115,052,450 |
| Shares Change (YoY) | 22.9% | 4.05% |
| Float | 114,726,000 | 48,459,300 |
| Shares Held by Insiders | 17.8% | 30.2% |
| Shares Held by Institutions | 64.1% | 48.8% |
Taxes
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Income Tax | -$143.39M | $15.16M |
Scores
| Measure | Baldwin Insurance | Industry median |
|---|---|---|
| Altman Z-Score | 0.72 | 1.48 |
| Piotroski F-Score | 4 | 5 |
Calculated by StockData from Baldwin Insurance's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.