Baldwin Insurance Group, Inc. (BWIN) stock
Close on Nov 11, 2026Market cap $4.47BP/E –Yield –
Baldwin Insurance Group, Inc. grew revenue 24.6% to $1.85B over the twelve months to Sep 30, 2026. Operating income fell 303.3% to -$166.06M, moving the operating margin from 5.5% to -9.0%. Free cash flow was $50.71M. At the latest close the market valued the company at $4.47B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $4.47B
- P/E ratio
- –
- Price to sales
- 2.41
- Price to book
- 5.22
- Dividend yield
- –
- Free cash flow yield
- 1.13%
Fundamentals
- Revenue
- $1.85B
- Net income
- -$120.64M
- EPS, diluted
- -$1.40
- Free cash flow
- $50.71M
- Book value per share
- $9.22
- Diluted shares
- 93M
Trading
- Next earnings
- Feb 25, 2027 (estimated, after the close)
- Previous close
- $32.18
- Open
- $32.12
- Day's range
- $31.98 – $32.19
- Volume
- 1,266,978
- Average volume (20 days)
- 1,401,129
- Index membership
- Russell 2000 (since Dec 2019), Russell 3000 (since Nov 2019)
- Beta (5 years)
- 1.13
- 52-week range
- $15.88 – $32.70
- RSI (14 days)
- 55.8
- Volatility (1 year)
- 58.6%
- Relative volume
- 0.57×
- WACC
- 10.5%
Index membership is inferred from the holdings of funds that track each index (IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2021, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | BWIN | S&P 500 | Difference | BWIN per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +0.5% | -2.4% | +2.9 pts | ||
| 3 months | +7.7% | -1.2% | +8.8 pts | ||
| Year to date | +33.3% | +12.3% | +21.0 pts | ||
| 1 year | +16.8% | +12.4% | +4.4 pts | ||
| 3 years | +61.6% | +78.8% | −17.2 pts | +17.3% | +21.4% |
| 5 years | -19.3% | +75.2% | −94.4 pts | -4.2% | +11.9% |
Nine years at a glance
Fiscal years 2017 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Baldwin Insurance filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Results
- Results
About Baldwin Insurance
Insurance Agents, Brokers & Service
The Baldwin Insurance Group, Inc. is an independent insurance distribution firm that provides risk management, insurance products, and employee benefit solutions. Its business operations are structured into three groups: Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions. The firm distributes commercial property and casualty coverage, personal lines policies, employee benefits, wealth management and retirement services, and Medicare coverage. It serves a diversified client base consisting of individuals, professionals, niche businesses, and specialty insurers.
Company profile, executives and historyBaldwin Insurance stock: common questions
What is Baldwin Insurance's stock price?
BWIN closed at $32.04 on Nov 11, 2026, down 0.44% on the day. Over the past 52 weeks it traded between $15.88 and $32.70.
What is Baldwin Insurance's market cap?
Baldwin Insurance was worth $4.47B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is BWIN's P/E ratio?
Baldwin Insurance lost money over the twelve months to Sep 30, 2026 (diluted EPS -$1.40), so it has no meaningful P/E ratio.
How much revenue does Baldwin Insurance make?
Baldwin Insurance reported revenue of $1.85B for the twelve months to Sep 30, 2026, up 24.6% from a year earlier.
Does Baldwin Insurance pay a dividend?
No. Baldwin Insurance has not paid a cash dividend over the last twelve months.
When does Baldwin Insurance report earnings next?
Baldwin Insurance is expected to report Q4 FY2026 results on Feb 25, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has BWIN stock performed over the past year?
Including dividends, BWIN returned +16.8% over the past year, against +12.4% for the S&P 500.
How many BWIN shares are sold short?
6M shares were sold short at the latest FINRA report, 5.16% of the float, or 4.3 days of average trading volume.
Who are Baldwin Insurance's competitors?
Companies most similar to Baldwin Insurance by business, industry and size include RYAN, BRO, CRD.A, ARX, SLQT.
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