Baldwin Insurance Group, Inc. (BWIN) stock
BWINNasdaqInsurance Agents, Brokers & ServiceFiscal year ends December 31
$32.05+0.01 (+0.03%)
Close on Nov 13, 2026Market cap $4.47BP/E –Yield –
Baldwin Insurance operating margin
Operating margin is operating income as a percentage of revenue.
Baldwin Insurance's operating margin for the twelve months ending Sep 30, 2026 was -9.0%. For fiscal 2025 it was 4.9%, against 4.4% the year before. The highest annual figure on record is 4.9% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4.9% | +0.5 |
| FY2024 | Dec 31, 2024 | 4.4% | +7.9 |
| FY2023 | Dec 31, 2023 | -3.5% | −0.3 |
| FY2022 | Dec 31, 2022 | -3.2% | +2.4 |
| FY2021 | Dec 31, 2021 | -5.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -9.0% | −9.9 |
| Q2 FY2026 | Jun 30, 2026 | -1.7% | −9.1 |
| Q1 FY2026 | Mar 31, 2026 | -19.0% | −32.6 |
| Q4 FY2025 | Dec 31, 2025 | -3.8% | −2.2 |
| Q3 FY2025 | Sep 30, 2025 | 0.9% | −3.7 |
| Q2 FY2025 | Jun 30, 2025 | 7.4% | +2.5 |
| Q1 FY2025 | Mar 31, 2025 | 13.6% | +4.5 |
| Q4 FY2024 | Dec 31, 2024 | -1.7% | +8.8 |
| Q3 FY2024 | Sep 30, 2024 | 4.5% | +4.5 |
| Q2 FY2024 | Jun 30, 2024 | 4.8% | +10.4 |
| Q1 FY2024 | Mar 31, 2024 | 9.0% | +7.9 |
| Q4 FY2023 | Dec 31, 2023 | -10.4% | – |
| Q3 FY2023 | Sep 30, 2023 | 0.0% | – |
| Q2 FY2023 | Jun 30, 2023 | -5.6% | – |
| Q1 FY2023 | Mar 31, 2023 | 1.1% | – |
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