| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| BWINThe Baldwin Insurance Group, Inc. | 3.11B | 26.17 | -67.10 | 13.95% | -1.91% | -2.49% | 1.96% | 1.63 |
| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 47.34M | 78.84M | 134.91M | 231.68M | 559.97M | 969.49M | 1.21B | 1.38B |
| Revenue Growth % | - | 0.67% | 0.71% | 0.72% | 1.42% | 0.73% | 0.25% | 0.14% |
| Medical Costs & Claims | 30.81M | 51.65M | 96.95M | 174.11M | 400.05M | 719.45M | 911.35M | 1.03B |
| Medical Cost Ratio % | - | - | - | - | - | - | - | - |
| Gross Profit | 16.53M | 27.19M | 37.96M | 57.56M | 159.92M | 250.05M | 296.38M | 344.19M |
| Gross Margin % | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | 0.64% | 0.4% | 0.52% | 1.78% | 0.56% | 0.19% | 0.16% |
| Operating Expenses | 10.72M | 17.66M | 43.03M | 79.5M | 191.55M | 281.14M | 338.94M | 283.55M |
| OpEx / Revenue % | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 1.44M | 3.09M | 10.55M | 20.17M | 51.51M | 86.36M | 98.4M | 108.92M |
| Combined Ratio % | - | - | - | - | - | - | - | - |
| Operating Income | 5.81M | 9.53M | -5.07M | -21.94M | -31.63M | -31.1M | -42.55M | 60.65M |
| Operating Margin % | - | - | - | - | - | - | - | - |
| Operating Income Growth % | - | 0.64% | -1.53% | -3.33% | -0.44% | 0.02% | -0.37% | 2.43% |
| EBITDA | 7.25M | 12.62M | 5.48M | -1.77M | 19.88M | 55.26M | 55.85M | 169.57M |
| EBITDA Margin % | - | - | - | - | - | - | - | - |
| Interest Expense | 1.91M | 6.63M | 10.64M | 7.86M | 26.9M | 71.07M | 119.47M | 0 |
| Non-Operating Income | -399.3K | -1.23M | -10.83M | -20.52M | -45.2M | -32.31M | -61.08M | 4.95M |
| Pretax Income | 3.85M | 2.69M | -22.44M | -29.89M | -58.1M | -76.03M | -162.73M | -39.35M |
| Pretax Margin % | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 17K | -5K | 19K | 715K | 1.28M | 1.73M |
| Effective Tax Rate % | - | - | - | - | - | - | - | - |
| Net Income | 1.7M | -624K | -8.65M | -15.7M | -30.65M | -41.77M | -90.14M | -24.52M |
| Net Margin % | - | - | - | - | - | - | - | - |
| Net Income Growth % | - | -1.37% | -12.86% | -0.81% | -0.95% | -0.36% | -1.16% | 0.73% |
| EPS (Diluted) | 0.81 | 0.57 | -1.25 | -1.10 | -1.22 | -1.34 | -1.50 | -0.39 |
| EPS Growth % | - | -0.3% | -3.19% | 0.12% | -0.11% | -0.1% | -0.12% | 0.74% |
| EPS (Basic) | 0.81 | 0.57 | -1.25 | -1.10 | -1.22 | -1.34 | -1.50 | -0.39 |
| Diluted Shares Outstanding | 4.74M | 4.74M | 17.92M | 27.18M | 47.59M | 56.83M | 60.13M | 63.45M |
| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 524.98K | 527K | 398.77M | 1.53B | 2.88B | 3.46B | 3.5B | 3.53B |
| Asset Growth % | - | 0% | 755.67% | 2.84% | 0.88% | 0.2% | 0.01% | 0.01% |
| Total Investment Assets | 0 | 0 | 200K | 1.65M | 0 | 0 | 0 | 2.1M |
| Long-Term Investments | 0 | 0 | 200K | 1.65M | 0 | 0 | 0 | 2.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 52.85M | 177.5M | 132.93M | 301.99M | 578.39M | 772.4M | 925.9M | 1.03B |
| Cash & Equivalents | 3.12M | 8M | 67.69M | 108.46M | 138.29M | 118.09M | 116.21M | 148.12M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 0 | 3.38M | 33.56M | 89.44M | 112.49M | 170.68M | 176.27M |
| Goodwill & Intangibles | 0 | 0 | 256.92M | 1.21B | 2.17B | 2.52B | 2.43B | 2.37B |
| Goodwill | 0 | 0 | 164.47M | 651.5M | 1.23B | 1.42B | 1.41B | 1.41B |
| Intangible Assets | 0 | 0 | 92.45M | 554.32M | 944.47M | 1.1B | 1.02B | 953.49M |
| PP&E (Net) | 1.08M | 2.15M | 3.32M | 11.02M | 99.12M | 121.87M | 108.19M | 94.34M |
| Other Assets | -46.06M | -142.06M | 5.4M | 9.43M | 25.59M | 45.94M | 38.13M | 45.94M |
| Total Liabilities | 96.77M | 270.14M | 161.49M | 759.95M | 1.69B | 2.32B | 2.48B | 2.53B |
| Total Debt | 671.39K | 1.2M | 42.84M | 391.48M | 1.04B | 1.47B | 1.63B | 1.64B |
| Net Debt | -2.45M | -6.8M | -24.85M | 283.01M | 900.31M | 1.36B | 1.52B | 1.49B |
| Long-Term Debt | 23.85M | 72.24M | 40.36M | 381.38M | 849.61M | 1.31B | 1.31B | 1.4B |
| Short-Term Debt | 524.98K | 829K | 2.48M | 10.09M | 105.11M | 56.75M | 226.93M | 156.98M |
| Total Current Liabilities | 62.77M | 189.26M | 72.83M | 217.42M | 540.69M | 699.21M | 1.03B | 1.06B |
| Accounts Payable | 3.81M | 27.15M | 58.01M | 159.84M | 351.88M | 525.22M | 619.87M | 714.39M |
| Deferred Revenue | 0 | 0 | 5.35M | 11.61M | 18.18M | 30.98M | 30.28M | 40.78M |
| Other Current Liabilities | 56.5M | 159.07M | 4.38M | 22.85M | 38.2M | 59.11M | 114.37M | 108.65M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 10.16M | 8.65M | 48.31M | 161.14M | 227.09M | 220.38M | 61.43M | 2.67M |
| Total Equity | 66.23M | 204.69M | 237.27M | 769.97M | 1.19B | 1.14B | 1.02B | 1.01B |
| Equity Growth % | - | 2.09% | 0.16% | 2.25% | 0.54% | -0.04% | -0.11% | -0.01% |
| Shareholders Equity | 44.98M | 139.91M | 73.28M | 367.78M | 608.38M | 608.1M | 560.41M | 583.22M |
| Minority Interest | 21.25M | 64.77M | 163.99M | 402.19M | 579.17M | 531.93M | 458.47M | 425.58M |
| Retained Earnings | -17.96M | -24.25M | -8.65M | -24.35M | -54.99M | -96.76M | -186.91M | -211.42M |
| Common Stock | 0 | 0 | 198K | 455K | 592K | 619K | 646K | 685K |
| Accumulated OCI | 6.06M | 22.89M | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Equity (ROE) | 0.03% | -0% | -0.04% | -0.03% | -0.03% | -0.04% | -0.08% | -0.02% |
| Return on Assets (ROA) | 3.24% | -1.19% | -0.04% | -0.02% | -0.01% | -0.01% | -0.03% | -0.01% |
| Equity / Assets | - | - | - | - | - | - | - | - |
| Debt / Equity | 0.01x | 0.01x | 0.18x | 0.51x | 0.87x | 1.29x | 1.60x | 1.63x |
| Book Value per Share | 13.97 | 43.19 | 13.24 | 28.33 | 24.96 | 20.06 | 16.94 | 15.90 |
| Tangible BV per Share | - | - | - | - | - | - | - | - |
| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 8.02M | 11.79M | 12.01M | 36.82M | 40.13M | -2.46M | 44.64M | 102.15M |
| Operating CF Growth % | - | 0.47% | 0.02% | 2.06% | 0.09% | -1.06% | 19.13% | 1.29% |
| Operating CF / Revenue % | - | - | - | - | - | - | - | - |
| Net Income | 1.7M | -623.8K | -22.45M | -29.89M | -58.12M | -76.75M | -90.14M | -41.08M |
| Depreciation & Amortization | 1.44M | 3.09M | 10.55M | 20.17M | 51.51M | 86.36M | 98.4M | 108.92M |
| Stock-Based Compensation | 0 | 0 | 3.28M | 7.74M | 19.19M | 47.39M | 60.01M | 65.5M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 6.18M | 13.96M | 20.2M | 19.86M | 44.31M | -38.58M | -29.96M | -59.51M |
| Working Capital Changes | 854.14K | -47.91K | 443K | 18.93M | -16.76M | -20.88M | 6.34M | 28.32M |
| Cash from Investing | -13.52M | -42.31M | -101.02M | -677.81M | -678.47M | -414.36M | -21.92M | 13.3M |
| Capital Expenditures | -431.2K | -525.34K | -1.72M | -5.47M | -5.32M | -21.98M | -21.38M | -41.05M |
| Acquisitions | -13.2M | -42M | -98.62M | -670.49M | -669.94M | -389.02M | 0 | 56.71M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -1.69M | 0 |
| Sale/Maturity of Investments | 106K | 220.38K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 0 | 0 | -679K | -1.85M | -3.21M | -3.36M | 1.14M | -2.36M |
| Cash from Financing | 3.98M | 35.38M | 152.08M | 711.94M | 724.06M | 419.55M | -26.23M | -29.64M |
| Dividends Paid | -4M | -5.5M | -10.55M | 0 | 0 | 0 | -385K | -264K |
| Share Repurchases | 0 | 0 | -43.83M | -78.27M | 0 | 0 | 0 | 0 |
| Stock Issued | 205.15K | 200K | 246.21M | 451.57M | 269.38M | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K |
| Other Financing | -44K | -3.04M | -4.35M | -7.33M | -16.12M | -41.94M | -22.47M | -125.44M |
| Net Change in Cash | -1.53M | 4.87M | 63.08M | 70.95M | 85.72M | 2.73M | -3.51M | 85.81M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 4.65M | 3.12M | 8M | 71.07M | 142.02M | 227.74M | 230.47M | 226.96M |
| Cash at End | 3.12M | 8M | 71.07M | 142.02M | 227.74M | 230.47M | 226.96M | 312.77M |
| Free Cash Flow | 7.58M | 11.27M | 10.3M | 31.35M | 34.81M | -24.44M | 23.27M | 61.1M |
| FCF Growth % | - | 0.49% | -0.09% | 2.04% | 0.11% | -1.7% | 1.95% | 1.63% |
| FCF Margin % | - | - | - | - | - | - | - | - |
| FCF per Share | 1.6 | 2.38 | 0.57 | 1.15 | 0.73 | -0.43 | 0.39 | 0.96 |
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 87.72% | 87.91% | 103.76% | 109.47% | 105.65% | 103.21% | 103.52% | 95.59% |
| Medical Cost Ratio | 65.07% | 65.51% | 71.86% | 75.15% | 71.44% | 74.21% | 75.46% | 74.99% |
| Return on Equity (ROE) | 2.57% | -0.46% | -3.91% | -3.12% | -3.13% | -3.59% | -8.35% | -2.42% |
| Return on Assets (ROA) | 324.45% | -118.63% | -4.33% | -1.63% | -1.39% | -1.32% | -2.59% | -0.7% |
| Equity / Assets | 12615.25% | 38839.33% | 59.5% | 50.33% | 41.29% | 32.93% | 29.09% | 28.54% |
| Book Value / Share | 13.97 | 43.19 | 13.24 | 28.33 | 24.96 | 20.06 | 16.94 | 15.9 |
| Debt / Equity | 0.01x | 0.01x | 0.18x | 0.51x | 0.87x | 1.29x | 1.60x | 1.63x |
| Revenue Growth | - | 66.55% | 71.12% | 71.72% | 141.7% | 73.13% | 24.57% | 13.95% |
The Baldwin Insurance Group, Inc. (BWIN) grew revenue by 14.0% over the past year. This is steady growth.
The Baldwin Insurance Group, Inc. (BWIN) reported a net loss of $28.1M for fiscal year 2024.
The Baldwin Insurance Group, Inc. (BWIN) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
The Baldwin Insurance Group, Inc. (BWIN) has a return on equity (ROE) of -2.4%. Negative ROE indicates the company is unprofitable.
The Baldwin Insurance Group, Inc. (BWIN) has a combined ratio of 95.6%. A ratio below 100% indicates underwriting profitability.