Crawford & Company (CRD.B) vs TWFG, Inc. (TWFG)

Crawford & Company and TWFG, Inc. are both Insurance Brokers companies. TWFG, Inc. is the larger, with a market value of $1.4B against $581.0M — 2.3× the size. Crawford & Company trades at the lower P/E: 24.4× against 43.0×. TWFG, Inc. grew revenue faster over the last twelve months: 34.7% against −4.12%. TWFG, Inc. has the higher net margin (2.98% vs 1.81%) and the higher return on invested capital (19.3% vs 9.65%). Across the 17 metrics below, TWFG, Inc. leads on 10 and Crawford & Company on 7.

Valuation

Metric CRD.B TWFG Insurance Brokers median
P/E 24.38 43.00 25.24
P/S 0.44 1.13 2.73
P/B 3.08 1.26 2.91
Price to free cash flow 8.30 n/m 20.97
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 4.10% 2.33% 2.41%
Free cash flow yield 12.05% (2.47%) 2.15%

Profitability

Metric CRD.B TWFG Insurance Brokers median
Gross margin 27.76% 50.10% 42.95%
Operating margin 4.66% 18.26% 15.37%
Net margin 1.81% 2.98% 8.77%
Free cash flow margin 5.26% (2.78%) 3.89%
Return on equity 13.07% 3.24% 0.00%
Return on assets 3.02% 2.51% 2.23%
Return on invested capital 9.65% 19.32% 5.27%

Growth

Metric CRD.B TWFG Insurance Brokers median
Revenue growth (TTM) (4.12%) 34.74% 7.09%
EPS growth (last fiscal year) (24.53%) 168.42% (9.12%)
Revenue growth, 5-year CAGR 5.22% — 9.30%
Net income growth, 5-year CAGR (7.05%) — 0.00%

Health

Metric CRD.B TWFG Insurance Brokers median
Debt to equity 1.07 0.01 0.19
Current ratio 1.19 76.79 1.55
Net debt to EBITDA 1.26 (2.96) 0.89

Dividend

Metric CRD.B TWFG Insurance Brokers median
Dividend yield — — 1.08%
Payout ratio — — 0.23

Size

Metric CRD.B TWFG Insurance Brokers median
Market cap 580.95m 1.35b 1.49b

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