stockrowBaldwin Insurance Group, Inc.
BWIN Financial Insurance Brokers
Baldwin Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 8.34% from fiscal 2024.
- Revenue
- +30.1%
- EPS
- −740.0%
- Free cash flow
- +208.1%
- Total debt
- +52.7%
Quarter to June 2026, against a year earlier
Follow BWIN
Alert me
Baldwin Insurance Group, Inc. (BWIN) Gross margin
Baldwin Insurance Group, Inc.'s gross margin over the twelve months to 30 June 2026 was 30.3%, up 0.6 percentage points from fiscal 2025 (29.8%). Over the past ten years it has ranged from 0.00% (fiscal 2017) to 35.3% (fiscal 2018); the current reading is higher than 89% of that period. That is below the Insurance Brokers industry median of 49.5% and below the Financial sector median of 70.1%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 29.8% | 4.05 |
| FY2024 | 25.7% | 0.49 |
| FY2023 | 25.2% | (1.43) |
| FY2022 | 26.6% | (2.84) |
| FY2021 | 29.5% | 1.75 |
| FY2020 | 27.7% | (1.93) |
| FY2019 | 29.7% | (5.68) |
| FY2018 | 35.3% | 35.34 |
| FY2017 | 0.00% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 31.8% | (2.37) |
| Mar 2026 | 34.2% | 6.80 |
| Dec 2025 | 27.4% | 1.86 |
| Sep 2025 | 25.5% | (3.45) |
| 26 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| RYAN Ryan Specialty Holdings Inc. compare | 100.0% |
| ARX Accelerant Holdings compare | 100.0% |
| NP Neptune Insurance Holdings Inc. compare | 100.0% |
| GSHD Goosehead Insurance compare | 100.0% |
| LIFE Ethos Technologies Inc. compare | 100.0% |
| TWFG TWFG, Inc. compare | 50.3% |
| BWIN Baldwin Insurance Group, Inc. | 30.3% |
| CRVL CorVel Corp. compare | 25.5% |
| ERIE Erie Indemnity Company compare | 17.9% |
| Insurance Brokers industry median | 49.5% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on BWIN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement