Baldwin Insurance Group, Inc.
BWINNasdaq
$27.25
↓ -0.9%Jul 17 close · end-of-day
Price
1Y↓ -36.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$2.6B
Enterprise Value
$2.5B
P/E
—
P/S
1.6
P/B
2.7
EV/EBITDA
33.9
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$1.6B
Net Income (TTM)
-$65.8M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
-5.1%
Net Margin
-4.0%
ROE
-6.8%
ROIC
-7.9%
Debt / Equity
0.0
Net Cash
$130.3M
Return 1Y
-36.6%
Company profile
The Baldwin Insurance Group, Inc. operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families. The Underwriting, Capacity & Technology Solutions segment offers Future platform, that manufactures technology-enabled insurance products suite comprises personal, commercial, and specialty lines; specialty wholesale broker business that delivers professionals, individuals, and niche industry businesses; and reinsurance brokerage services. The Mainstreet Insurance Solutions segment provides personal insurance, commercial insurance, and life and health solutions to individuals and businesses in communities. 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.
- CEO
- Trevor L. Baldwin
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Insurance
- Employees
- 4,000
- Headquarters
- Florida
- Website
- baldwin.com
Management & directors
- Cohen Seth BalaGeneral Counsel
- Galloway Corbyn N.Chief Accounting Officer
- Hale BradfordChief Financial Officer
- Baldwin TrevorChief Executive Officer
- Galbraith DanielSee Remarks
- Roche James MorganSee Remarks
Roles derived from SEC Form 4 filings.
Earnings
BWIN Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$532.2M↑ +28.7%
Diluted EPS$0.02↓ -90.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $567.3M | $980.7M | $1.2B | $1.4B | $1.5B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$21.9M | -$31.6M | -$31.1M | -$42.6M | $60.6M | $73.9M |
| Net income | -$15.7M | -$58.1M | -$76.7M | -$164.0M | -$41.1M | -$54.2M |
| Diluted EPS | -$0.58 | -$0.64 | -$0.74 | -$1.50 | -$0.39 | -$0.50 |
| Operating cash flow | $36.8M | $40.1M | -$2.5M | $46,000.00 | $51.5M | -$29.4M |
| Free cash flow | $31.3M | $34.8M | -$24.4M | -$21.3M | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | -5.6% | -3.2% | -3.5% | 4.4% | 4.9% |
| Net margin | — | -10.2% | -7.8% | -13.5% | -3.0% | -3.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $339.8M | $338.9M | $329.9M | $413.4M | $378.8M | $365.4M | $347.3M | $532.2M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $16.5M | $15.4M | -$5.5M | $56.0M | $27.9M | $3.2M | -$13.2M | -$101.3M |
| Net income | -$17.6M | -$8.4M | -$36.7M | $13.9M | -$3.2M | -$18.7M | -$46.2M | $2.3M |
| Diluted EPS | -$0.28 | -$0.13 | -$0.31 | $0.20 | -$0.05 | -$0.27 | -$0.38 | $0.02 |
| Operating cash flow | $18.3M | $32.4M | -$2.3M | -$64.0M | -$16.7M | $41.0M | $10.3M | -$6.1M |
| Free cash flow | $7.8M | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 4.8% | 4.5% | -1.7% | 13.6% | 7.4% | 0.9% | -3.8% | -19.0% |
| Net margin | -5.2% | -2.5% | -11.1% | 3.4% | -0.8% | -5.1% | -13.3% | 0.4% |
Company news
Jul 18, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | Sparks Paul Eugene | Tax withholding | 416 | $26.91 | $11,194.56 | filing |
| 2026-07-01 | SULLIVAN CHRIS THOMAS | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | Shook Ellyn | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | Sparks Paul Eugene | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | Parasuraman Sunita | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | Muthukrishnan Sathish | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | Matas Barbara Ruth | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | Cohen Jay A | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | KADOW JOSEPH JOHN | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-07-01 | Williams Myron K | Award | 1,207 | $0.00 | $0.00 | filing |
| 2026-05-14 | Cohen Seth Bala· General Counsel | Sale | 15,000 | $20.01 | $300,150.00 | filing |
| 2026-05-07 | Krystyn Elizabeth | Sale | 98,278 | $21.20 | $2.1M | filing |
| 2026-05-07 | Krystyn Elizabeth | Sale | 31,740 | $21.18 | $672,253.20 | filing |
| 2026-05-06 | Krystyn Elizabeth | Sale | 53,722 | $21.19 | $1.1M | filing |
| 2026-05-06 | Krystyn Elizabeth | Sale | 18,260 | $21.20 | $387,112.00 | filing |
| 2026-05-06 | Krystyn Elizabeth | C | 152,000 | $0.00 | $0.00 | filing |
| 2026-05-06 | Krystyn Elizabeth | C | 50,000 | $0.00 | $0.00 | filing |
| 2026-05-06 | Krystyn Elizabeth | C | 50,000 | $0.00 | $0.00 | filing |
| 2026-05-06 | Krystyn Elizabeth | C | 152,000 | $0.00 | $0.00 | filing |
| 2026-04-01 | Hale Bradford· Chief Financial Officer | Tax withholding | 9,837 | $21.53 | $211,790.61 | filing |
| 2026-04-01 | Sparks Paul Eugene | Tax withholding | 784 | $21.53 | $16,879.52 | filing |
| 2026-04-01 | Sparks Paul Eugene | Award | 2,275 | $0.00 | $0.00 | filing |
| 2026-04-01 | Galloway Corbyn N.· Chief Accounting Officer | Award | 2,033 | $0.00 | $0.00 | filing |
| 2026-04-01 | Williams Myron K | Award | 1,221 | $0.00 | $0.00 | filing |
| 2026-04-01 | SULLIVAN CHRIS THOMAS | Award | 1,221 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.