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The Baldwin Insurance Group, Inc.

Financial Services US BWIN

19.08USD
0.31(1.65%)

Last update at 2026-06-04T17:55:00Z

Day Range

19.0119.95
LowHigh

52 Week Range

15.8845.16
LowHigh

Fundamentals

  • Previous Close 18.77
  • Market Cap2497.34M
  • Volume528878
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA214.15M
  • Revenue TTM1504.88M
  • Revenue Per Share TTM22.15
  • Gross Profit TTM 454.43M
  • Diluted EPS TTM-0.5

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -52.42500M -39.35000M -162.73400M 113.79M 65.20M
Minority interest 20.34M 16.56M 73.88M 34.98M 27.47M
Net income -33.81300M -24.51800M -90.14100M -76.03300M -58.10100M
Selling general administrative - - - - -
Selling and marketing expenses - - - - -
Gross profit 191.98M 344.19M 334.21M 174.92M 115.73M
Reconciled depreciation 127.83M 108.92M 98.40M 86.36M 51.51M
Ebit 69.00M 55.70M 16.86M -864.46900M -488.51900M
Ebitda 196.83M 164.62M 115.26M 88.82M 65.08M
Depreciation and amortization 127.83M 108.92M 98.40M 953.29M 553.60M
Non operating income net other - - - - -
Operating income 109.35M 60.65M -42.55100M 86.36M 51.51M
Other operating expenses 1395.53M 1315.60M 1261.11M 968.28M 546.40M
Interest expense 121.43M - 119.47M 71.07M 26.90M
Tax provision 1.73M 1.73M 1.28M 0.71M 0.02M
Interest income - - - - -
Net interest income -121.42800M -123.64400M -119.46500M -71.07200M -26.89900M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 1.73M 1.73M 1.28M 27.43M 13.69M
Total revenue 1504.88M 1376.24M 1218.56M 980.72M 567.29M
Total operating expenses 82.63M 283.55M 338.94M 248.84M 146.35M
Cost of revenue 1312.90M 1032.05M 884.34M 805.80M 451.56M
Total other income expense net -161.77800M -99.99800M -120.18300M -44.93500M -26.47500M
Discontinued operations - - - - -
Net income from continuing ops -54.15400M -41.08100M -164.01900M -76.74800M -58.12000M
Net income applicable to common shares - - - - -
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 3862.22M 3534.73M 3501.94M 3462.18M 2876.31M
Intangible assets 978.43M 953.49M 1017.34M 1099.92M 944.47M
Earning assets - - - - -
Other current assets 236.88M 176.27M 12.73M 9.94M 8.15M
Total liab 2777.82M 2525.93M 2483.05M 2322.14M 1688.75M
Total stockholder equity 600.22M 583.22M 560.41M 608.10M 608.38M
Deferred long term liab - - - - -
Other current liab 183.69M 127.20M 62.66M 14.21M 3.39M
Common stock 0.72M 0.69M - - -
Capital stock 0.72M 0.69M 0.65M 0.62M 0.59M
Retained earnings -245.23600M -211.42300M -186.90500M -96.76400M -54.99200M
Other liab - - - - -
Good will 1517.17M 1412.37M 1412.37M 1422.06M 1228.74M
Other assets - - - - -
Cash 123.67M 148.12M 116.21M 118.09M 138.29M
Cash and equivalents - - - - -
Total current liabilities 1032.76M 1056.43M 1033.44M 699.21M 540.69M
Current deferred revenue 38.21M 40.78M - - -
Net debt 1646.77M 1492.77M 1419.90M 1253.52M 816.43M
Short term debt 39.67M 174.06M - - -
Short long term debt 21.58M 156.98M 226.93M 56.75M 105.11M
Short long term debt total 1770.44M 1640.89M - - -
Other stockholder equity 844.24M 793.95M - - -
Property plant equipment - - - - -
Total current assets 1199.72M 1026.49M 925.90M 772.40M 578.39M
Long term investments - - - - -
Net tangible assets - - - - -
Short term investments - - - - -
Net receivables 839.17M 702.10M 627.79M 531.99M 340.84M
Long term debt 1673.12M 1398.05M 1309.18M 1314.86M 849.61M
Inventory - - - - -
Accounts payable 771.20M 714.39M 619.87M 525.22M 351.88M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.49M - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 82.42M 45.94M 38.13M 45.94M 25.59M
Deferred long term asset charges - - - - -
Non current assets total 2662.50M 2508.24M 2576.03M 2689.78M 2297.91M
Capital lease obligations 75.74M 85.85M 95.70M 101.73M 83.88M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - 13.30M -21.92200M -414.35700M -678.47300M
Change to liabilities - - - - -
Total cashflows from investing activities -140.27600M 13.30M - - -
Net borrowings 274.81M 96.06M - - -
Total cash from financing activities 203.82M -29.64400M -26.23000M 419.55M 724.06M
Change to operating activities - - - - -
Net income -54.15400M -41.08100M -90.14100M -41.77200M -30.64600M
Change in cash 34.13M 85.81M -3.50800M 2.73M 85.72M
Begin period cash flow 312.77M 226.96M 230.47M 227.74M 142.02M
End period cash flow 346.90M 312.77M 226.96M 230.47M 227.74M
Total cash from operating activities -29.41800M 102.15M 44.64M -2.46200M 40.13M
Issuance of capital stock - - 0.00000M 0.00000M 269.38M
Depreciation 127.83M 108.92M 98.40M 86.36M 51.51M
Other cashflows from investing activities -15.23800M -2.36100M - - -
Dividends paid - 0.26M 0.39M 0.00000M 0.00000M
Change to inventory - - - - -
Change to account receivables -45.06200M -73.76200M -132.26900M -182.06900M -66.15000M
Sale purchase of stock - - - 0.00000M 0.00000M
Other cashflows from financing activities -1837.74100M -125.44200M -22.46900M -41.93800M -16.11600M
Change to netincome - - - - -
Capital expenditures 39.53M 41.05M 21.38M 21.98M 5.32M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -98.84100M 28.32M 6.34M -20.87700M -16.76300M
Stock based compensation 71.11M 65.50M 60.01M 47.39M 19.19M
Other non cash items -75.36600M -59.51300M -29.96100M 155.25M 150.01M
Free cash flow -68.94500M 61.10M 23.27M -24.44100M 34.81M

Peer Comparison

Sector: Financial Services Industry: Insurance Brokers

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BWIN
The Baldwin Insurance Group, Inc.
0.31 1.65% 19.08 - 11.86 1.66 4.04 2.73 19.62
AON
Aon PLC
6.47 2.05% 322.07 19.50 17.61 4.19 7.68 4.95 13.01
AJG
Arthur J Gallagher & Co
6.87 3.39% 209.37 38.90 16.75 4.44 2.46 4.98 19.11
WTW
Willis Towers Watson PLC
6.48 2.58% 257.46 25.57 16.03 2.81 2.80 3.28 15.43
BRO
Brown & Brown Inc
1.98 3.59% 57.12 21.48 15.20 4.07 1.87 5.25 14.80

Reports Covered

Stock Research & News

Profile

The Baldwin Insurance Group, Inc. operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. The company operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. Its Insurance Advisory Solutions segment provides private risk management, commercial risk management, employee benefits, and Medicare insurance solutions for businesses and high-net-worth individuals, as well as their families. The Underwriting, Capacity & Technology Solutions segment offers MGA platform, that manufactures technology-enabled insurance product suite comprises personal, commercial, and professional lines. Its Mainstreet Insurance Solutions segment provides personal insurance, commercial insurance, and life and health solutions to individuals and businesses in communities, as well as offers reinsurance brokerage; and consultation for government assistance programs and solutions, including traditional Medicare and Medicare advantage and affordable care act to seniors and eligible individuals through a network of primarily independent contractor agents. The company was formerly known as BRP Group, Inc. and changed its name to The Baldwin Insurance Group, Inc. in May 2024. The Baldwin Insurance Group, Inc. was founded in 2011 and is headquartered in Tampa, Florida.

The Baldwin Insurance Group, Inc.

4211 West Boy Scout Blvd., Tampa, FL, United States, 33607

Key Executives

Name Title Year Born
Mr. L. Lowry Baldwin Co-Founder & Chairman 1959
Mr. Trevor Lowry Baldwin CEO & Non-Independent Director 1986
Mr. Daniel Galbraith President & CEO of Retail Brokerage Operations 1981
Mr. Bradford Lenzie Hale CPA Chief Financial Officer 1980
Mr. Jim Roche President, CEO of Underwriting, Capacity & Technology Operations 1977
Ms. Elizabeth H. Krystyn Co-Founder NA
Ms. Laura Rice Sherman Co-founder NA
Ms. Corbyn N. Lichon Chief Accounting Officer 1992
Mr. Rajasekhar Kalahasthi Chief Digital & Information Officer NA
Ms. Bonnie Bishop Executive Director of Investor Relations NA

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