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

31.98 0.16 −0.50%
Market cap
$4.5B
P/E
0.0×
Fwd P/E
−42.6×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Baldwin Insurance Group, Inc. (BWIN) Return on invested capital

Alert me on Return on invested capital

Baldwin Insurance Group, Inc.'s return on invested capital over the twelve months to 30 June 2026 was −2.29%, down 4.2 percentage points from fiscal 2025 (1.92%). Over the past ten years it has ranged from −1.53% (fiscal 2019) to 296.2% (fiscal 2018); the current reading is higher than 89% of that period. That is below the Insurance Brokers industry median of 5.64% and below the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 1.92% 0.11
FY2024 1.81% 3.07
FY2023 −1.26% (0.40)
FY2022 −0.86% 0.18
FY2021 −1.04% 0.31
FY2020 −1.35% 0.18
FY2019 −1.53% (297.68)
FY2018 296.2% 296.15
FY2017 0.00% —

Against its own ten years

Low −1.53% High 296.2%
Ten-year median −0.86%
Current reading's percentile 89

Return on invested capital against peers

Company Return on invested capital
CRVL CorVel Corp. compare 62.7%
GSHD Goosehead Insurance compare 59.6%
ERIE Erie Indemnity Company compare 21.0%
TWFG TWFG, Inc. compare 19.6%
RYAN Ryan Specialty Holdings Inc. compare 7.19%
ARX Accelerant Holdings compare 0.00%
NP Neptune Insurance Holdings Inc. compare 0.00%
BWIN Baldwin Insurance Group, Inc. −2.29%
LIFE Ethos Technologies Inc. compare −5.39%
Insurance Brokers industry median 5.64%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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