Saturday 17 October 2026 Export BWIN’s income statement to Excel — free account

Baldwin Insurance Group, Inc.

Baldwin Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 8.34% from fiscal 2024. In the quarter to June 2026, revenue grew 30.1%, EPS fell 740.0%, free cash flow grew 208.1% and total debt rose 52.7%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

31.91 0.02 −0.06%

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Market cap: $4.5B
P/E: 0.0×
Fwd P/E: −46.5×
Dividend yield: —
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17
Piotroski F-Score Full definition →	4	6	4	4	6	3	5	—	—
P/E ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	272.83	272.83
P/S ratio Full definition →	1.08	1.77	1.17	1.45	3.03	3.38	2.09	0.00	0.00
P/FCF ratio Full definition →	0.00	236.40	0.00	0.00	49.37	25.98	27.93	0.00	0.00
P/Operating CF Full definition →	158.98	(1,068.89)	(62.53)	100.07	131.30	134.71	(112.55)	0.00	0.00
P/B ratio Full definition →	1.51	2.44	1.40	1.25	1.45	1.06	1.21	0.00	0.00
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	2.00	2.59	2.10	2.60	4.27	4.39	1.87	0.00	0.00
EV/EBITDA Full definition →	14.49	20.47	41.94	42.25	103.61	0.00	37.90	0.00	0.00
EV/Operating CF Full definition →	(102.17)	69.80	55,601.23	(1,036.22)	60.39	28.73	21.42	2.46	2.46
EV/FCF Full definition →	(43.59)	345.21	(119.91)	(104.38)	69.62	33.74	25.00	2.66	2.66
Quick Ratio Full definition →	1.15	0.96	0.82	1.09	1.05	1.37	1.78	1.13	0.00
Current Ratio Full definition →	1.16	0.97	0.90	1.10	1.07	1.39	1.83	1.16	—
Net Debt/EBITDA Full definition →	6.39	6.19	17.84	18.73	30.14	(316.46)	(4.52)	5.09	0.00
Debt/Assets Full definition →	43.32%	39.55%	37.38%	39.33%	32.42%	25.19%	10.12%	52.04%	55.56%
Debt/Equity Full definition →	1.54	1.39	1.29	1.19	0.79	0.50	0.17	(1.16)	(0.62)
Asset Turnover Full definition →	0.41	0.39	0.35	0.31	0.26	0.25	0.51	0.86	0.52
Operating CF/Net income Full definition →	0.87	(2.10)	0.00	0.06	(1.31)	(2.35)	(1.39)	(18.90)	4.71
Capex/Depreciation Full definition →	(0.30)	(0.36)	(0.21)	(0.24)	(0.10)	(0.26)	(0.14)	(0.16)	—
Interest Coverage Full definition →	0.61	0.49	(0.36)	(0.44)	(1.18)	(2.79)	(0.48)	1.44	—
ROE Full definition →	(3.23%)	(2.42%)	(8.35%)	(3.59%)	(3.13%)	(3.12%)	(9.91%)	1.21%	(3.28%)
ROA Full definition →	(0.91%)	(0.70%)	(2.59%)	(1.32%)	(1.39%)	(1.63%)	(3.21%)	(0.68%)	1.84%
ROIC Full definition →	1.92%	1.81%	(1.26%)	(0.86%)	(1.04%)	(1.35%)	(1.53%)	296.15%	0.00%
Return on Tangible Assets Full definition →	(17.85%)	307.55%	106.27%	(42.37%)	(55.54%)	(16.42%)	(13.64%)	(8.30%)	170.33%
Average Days of Receivables Full definition →	203.54	184.49	188.05	197.99	219.30	235.59	155.68	134.27	0.00
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets out of Total Assets Full definition →	0.65	0.67	0.69	0.73	0.76	0.79	0.64	0.68	0.78
Share Based Compensation of Revenue Full definition →	4.73%	4.72%	4.92%	4.83%	3.38%	3.21%	2.38%	1.75%	0.00%
Graham Net Nets Full definition →	(0.97)	(0.61)	(1.09)	(1.09)	(0.65)	(0.56)	(0.10)	0.00	0.00
Graham Number Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Yield Full definition →	(2.00%)	(0.95%)	(6.30%)	(2.84%)	(1.61%)	(1.63%)	(3.24%)	0.37%	0.37%
Free Cash Flow Yield Full definition →	(4.22%)	0.42%	(1.50%)	(1.72%)	2.03%	3.85%	3.58%	0.00%	0.00%
Revenue per Share Full definition →	22.15	21.89	20.26	17.26	11.92	8.87	7.69	4.24	2.55
Operating CF per Share Full definition →	(0.43)	0.81	0.00	(0.04)	0.84	1.35	0.67	0.63	0.43
Capex per Share Full definition →	(0.58)	(0.65)	(0.36)	(0.39)	(0.11)	(0.20)	(0.10)	(0.03)	0.00
Free Cash Flow per Share Full definition →	(1.01)	0.16	(0.35)	(0.43)	0.73	1.15	0.57	0.60	0.43
Cash per Share Full definition →	5.11	4.93	3.68	4.06	4.79	5.23	3.97	0.42	0.16
Shareholders Equity per Share Full definition →	15.95	15.89	16.94	20.05	24.95	28.33	13.24	(3.33)	(2.12)
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	15.95	15.89	16.94	20.05	24.95	28.33	13.24	(3.33)	(2.12)
Free Cash Flow Full definition →	(68.94)	10.40	(21.33)	(24.44)	34.81	31.35	10.30	11.27	8.02
Working Capital Full definition →	166.96	(29.94)	(107.53)	73.19	37.70	84.57	60.10	5.37	—
Capital Expenditures Full definition →	(39.53)	(41.05)	(21.38)	(21.98)	(5.32)	(5.47)	(1.72)	(0.52)	(0.43)
Net Current Asset Value Full definition →	(1,578.62)	(1,499.90)	(1,557.54)	(1,550.23)	(1,110.63)	(458.05)	(28.59)	(163.99)	(39.00)
EV/EBIT Full definition →	40.65	59.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capex to Sales Full definition →	0.03	0.03	0.02	0.02	0.01	0.02	0.01	0.01	0.00
Price to Operating Income Full definition →	22.08	40.55	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other line items
Depreciation/Fixed assets Full definition →	5.93	5.22	4.56	3.60	3.15	1.92	3.57	1.49	0.00
Cash ROIC Full definition →	(2.22%)	0.38%	(0.84%)	(0.89%)	1.48%	2.42%	2.95%	62.60%	(66.80%)
Accounts Receivable Turnover Full definition →	1.95	2.09	2.10	2.25	2.29	2.25	3.13	1.81	0.00
Accounts Payable Turnover Full definition →	1.42	1.55	1.59	1.64	1.56	1.60	2.28	3.59	0.00
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Average Days of Payables Full definition →	266.25	252.66	248.26	266.46	321.05	335.07	218.39	191.86	0.00
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Average Receivables Full definition →	770.63	664.94	579.89	436.41	248.17	107.15	44.09	44.09	—
Average Payables Full definition →	742.79	667.13	572.55	438.55	255.86	108.92	42.58	14.40	14.40
Average Assets Full definition →	3,698.48	3,518.33	3,482.06	3,169.24	2,203.11	964.34	269.30	92.41	92.50
Average Common Equity Full definition →	1,046.11	1,013.42	1,079.02	1,163.42	978.58	503.56	87.25	(51.38)	(52.00)

Fold the line items

Columns are period end dates

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