Baldwin 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
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Baldwin Insurance Group, Inc. (BWIN) Operating margin
Baldwin Insurance Group, Inc.'s operating margin over the twelve months to 30 June 2026 was −6.88%, down 11.8 percentage points from fiscal 2025 (4.91%). Over the past ten years it has ranged from −9.11% (fiscal 2020) to 11.9% (fiscal 2018); the current reading is higher than 89% of that period. That is below the Insurance Brokers industry median of 15.8% and below the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 4.91% | 0.54 |
| FY2024 | 4.37% | 7.86 |
| FY2023 | −3.49% | (0.32) |
| FY2022 | −3.17% | 2.40 |
| FY2021 | −5.57% | 3.54 |
| FY2020 | −9.11% | (5.43) |
| FY2019 | −3.68% | (15.61) |
| FY2018 | 11.9% | 11.93 |
| FY2017 | 0.00% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | −1.69% | 17.34 |
| Mar 2026 | −19.0% | (15.22) |
| Dec 2025 | −3.81% | (4.69) |
| Sep 2025 | 0.88% | (6.50) |
| 26 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| NP Neptune Insurance Holdings Inc. compare | 41.3% |
| GSHD Goosehead Insurance compare | 23.3% |
| ARX Accelerant Holdings compare | 21.2% |
| ERIE Erie Indemnity Company compare | 17.9% |
| TWFG TWFG, Inc. compare | 17.3% |
| CRVL CorVel Corp. compare | 15.9% |
| RYAN Ryan Specialty Holdings Inc. compare | 15.6% |
| LIFE Ethos Technologies Inc. compare | −4.30% |
| BWIN Baldwin Insurance Group, Inc. | −6.88% |
| Insurance Brokers industry median | 15.8% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on BWIN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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