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TWFG, Inc. Common Stock (TWFG) 10-Year Financial Performance & Capital Metrics

TWFG • • Insurance & Managed Care
Financial ServicesInsurance BrokersFull-Service Insurance BrokersRegional Full-Service Brokers
AboutTWFG, Inc. operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers' compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits. The company was founded in 2001 and is based in The Woodlands, Texas. TWFG, Inc. operates as a subsidiary of Bunch Family Holdings, LLC.Show more
  • Revenue $194M +16.0%
  • Combined Ratio 85.58% +0.9%
  • Net Income $3M
  • Return on Equity 1.79%
  • Medical Cost Ratio 75.96% -3.0%
  • Operating Margin 14.42% -5.2%
  • Net Margin 1.42%
  • ROA 1.25%
  • Equity / Assets 85.12% +216.4%
  • Book Value per Share 18.37 +678.8%
  • Tangible BV/Share 13.50 +3400.4%
  • Debt/Equity 0.04 -97.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Profitable underwriting: 85.6% combined ratio
  • ✓Healthy dividend yield of 2.2%

✗Weaknesses

  • ✗Weak 3Y average ROE of 1.8%
  • ✗Dividend payout exceeds 100% of earnings
  • ✗Shares diluted 13.8% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM17.49%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM142.39%

EPS CAGR

10Y-
5Y-
3Y-
TTM242.86%

ROCE

10Y Avg28.18%
5Y Avg28.18%
3Y Avg28.18%
Latest15.33%

Peer Comparison

Regional Full-Service Brokers
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TWFGTWFG, Inc. Common Stock415.39M27.64153.5616.01%3.03%2.23%8.97%0.04
AJGArthur J. Gallagher & Co.68.01B264.8440.5614.72%13.16%7.12%3.59%0.67
ERIEErie Indemnity Company13.04B282.3024.5916.72%15.6%28.06%3.73%0.00
BROBrown & Brown, Inc.27.18B79.6123.0112.05%18.75%8.04%4.02%0.63
RELIReliance Global Group, Inc.5.09M0.52-0.062.35%-53.39%-103.83%4.35

Profit & Loss

Dec 2022Dec 2023Dec 2024
Revenue+147.78M166.99M193.72M
Revenue Growth %-0.13%0.16%
Medical Costs & Claims+117.15M130.82M147.15M
Medical Cost Ratio %---
Gross Profit+30.63M36.17M46.57M
Gross Margin %---
Gross Profit Growth %-0.18%0.29%
Operating Expenses+6.92M10.78M18.64M
OpEx / Revenue %---
Depreciation & Amortization3.3M4.86M12.02M
Combined Ratio %---
Operating Income+23.72M25.39M27.93M
Operating Margin %---
Operating Income Growth %-0.07%0.1%
EBITDA+27.02M30.25M39.95M
EBITDA Margin %---
Interest Expense398K1M2.22M
Non-Operating Income-28K-874K-4.38M
Pretax Income+23.35M25.26M30.09M
Pretax Margin %---
Income Tax+001.5M
Effective Tax Rate %---
Net Income+002.75M
Net Margin %---
Net Income Growth %---
EPS (Diluted)+0.030.310.18
EPS Growth %-8.51%-0.42%
EPS (Basic)0.030.310.19
Diluted Shares Outstanding631.75M13.16M14.98M

Balance Sheet

Dec 2022Dec 2023Dec 2024
Total Assets+114.15M115.44M323.43M
Asset Growth %-0.01%1.8%
Total Investment Assets+000
Long-Term Investments000
Short-Term Investments000
Total Current Assets+88.72M75.11M241.85M
Cash & Equivalents22.33M39.3M195.77M
Receivables1000K1000K1000K
Other Current Assets1.08M10.75M19.01M
Goodwill & Intangibles+21.36M36.44M72.98M
Goodwill000
Intangible Assets21.36M36.44M72.98M
PP&E (Net)2.92M3.06M7.99M
Other Assets1.16M837K610K
Total Liabilities56.37M84.39M48.14M
Total Debt+13.31M51.76M10.3M
Net Debt-9.02M12.46M-185.47M
Long-Term Debt8.36M46.92M4.01M
Short-Term Debt2.64M2.44M1.91M
Total Current Liabilities+46.33M34.91M39.62M
Accounts Payable9.71M14.05M17.08M
Deferred Revenue000
Other Current Liabilities33.34M12.17M14.69M
Deferred Taxes000
Other Liabilities01.04M1.15M
Total Equity+57.79M31.05M275.29M
Equity Growth %--0.46%7.87%
Shareholders Equity57.79M31.05M73.88M
Minority Interest00201.4M
Retained Earnings32.18M4.8M15.29M
Common Stock632K632K148K
Accumulated OCI-140K500K83K
Return on Equity (ROE)--0.02%
Return on Assets (ROA)--0.01%
Equity / Assets---
Debt / Equity0.23x1.67x0.04x
Book Value per Share0.092.3618.37
Tangible BV per Share---

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+25.75M30.15M40.48M
Operating CF Growth %-0.17%0.34%
Operating CF / Revenue %---
Net Income23.35M25.26M28.59M
Depreciation & Amortization3.3M4.86M12.02M
Stock-Based Compensation002.22M
Deferred Taxes000
Other Non-Cash Items3.34M1.47M1.05M
Working Capital Changes-4.24M-1.44M-3.4M
Cash from Investing+-14.5M-14.65M-25.05M
Capital Expenditures-12.28M-260K-3.2M
Acquisitions000
Purchase of Investments000
Sale/Maturity of Investments000
Other Investing-2.23M-14.39M-21.85M
Cash from Financing+-15.26M-9.7M143.43M
Dividends Paid-20.56M-33.41M-9.31M
Share Repurchases000
Stock Issued00193.55M
Debt Issuance (Net)-1000K1000K-1000K
Other Financing7.85M-14.63M2.62M
Net Change in Cash+-4.01M5.8M158.85M
Exchange Rate Effect000
Cash at Beginning44.68M40.66M46.47M
Cash at End40.66M46.47M205.32M
Free Cash Flow+13.48M14.51M37.28M
FCF Growth %-0.08%1.57%
FCF Margin %---
FCF per Share0.021.12.49

Key Ratios

Metric202220232024
Combined Ratio83.95%84.79%85.58%
Medical Cost Ratio79.27%78.34%75.96%
Return on Equity (ROE)--1.79%
Return on Assets (ROA)--1.25%
Equity / Assets50.62%26.9%85.12%
Book Value / Share0.092.3618.37
Debt / Equity0.23x1.67x0.04x
Revenue Growth-13%16.01%

Revenue by Segment

2024
Commission Income183.16M
Commission Income Growth-
Fee Income10.56M
Fee Income Growth-
License1.9M
License Growth-
Product and Service, Other1.32M
Product and Service, Other Growth-

Frequently Asked Questions

Valuation & Price

TWFG, Inc. Common Stock (TWFG) has a price-to-earnings (P/E) ratio of 153.6x. This suggests investors expect higher future growth.

Growth & Financials

TWFG, Inc. Common Stock (TWFG) grew revenue by 16.0% over the past year. This is strong growth.

Yes, TWFG, Inc. Common Stock (TWFG) is profitable, generating $6.6M in net income for fiscal year 2024 (1.4% net margin).

Dividend & Returns

Yes, TWFG, Inc. Common Stock (TWFG) pays a dividend with a yield of 2.25%. This makes it attractive for income-focused investors.

TWFG, Inc. Common Stock (TWFG) has a return on equity (ROE) of 1.8%. This is below average, suggesting room for improvement.

Industry Metrics

TWFG, Inc. Common Stock (TWFG) has a combined ratio of 85.6%. A ratio below 100% indicates underwriting profitability.

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