What is The Baldwin Insurance Group, Inc.'s revenue?

The Baldwin Insurance Group, Inc. (BWIN) generated $1.6B in revenue over the trailing twelve months, up 14.2% year over year.

Is The Baldwin Insurance Group, Inc. profitable?

The Baldwin Insurance Group, Inc. is not currently profitable: it reported a net loss of $45.4M over the trailing twelve months, a -2.8% net margin.

What is The Baldwin Insurance Group, Inc.'s earnings per share?

The Baldwin Insurance Group, Inc.'s diluted EPS over the trailing twelve months is $-0.68.

Where does The Baldwin Insurance Group, Inc.'s income statement data come from?

Every line is extracted from The Baldwin Insurance Group, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

The Baldwin Insurance Group, Inc. BWIN Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Net interest income	-$121.43M+1.8%	-$123.64M-3.5%	-$119.47M-68.1%	-$71.07M-164%
Total revenue	$1.5B+8.3%	$1.39B+14.0%	$1.22B+24.3%	$980.72M+72.9%
Compensation and benefits	$777.53M+2.0%	$762.22M+8.9%	$699.94M-2.7%	$719.45M+79.8%
Occupancy and equipment	$20.78M-3.4%	$21.5M-7.3%	$23.2M+16.4%	$19.92M+52.2%
Depreciation and amortization	$127.83M+17.4%	$108.92M+10.7%	$98.4M+13.9%	$86.36M+77.3%
Other operating expenses	$183.22M+31.9%	$138.94M-1.0%	$140.39M+10.6%	$126.96M+4,232,000%
Total operating expenses	$183.22M+31.9%	$138.94M-1.0%	$140.39M+10.6%	$126.96M—
Total costs & expenses	$1.43B+7.7%	$1.33B+5.3%	$1.26B+24.6%	$1.01B+68.9%
Operating income	——	$66.12M+255%	-$42.55M-36.8%	-$31.1M+1.7%
Interest expense	$115.28M+3.5%	$111.4M+5.7%	$105.39M+68.1%	$62.7M+184%
Other income (expense), net	-$126.73M-26.7%	-$100M+16.8%	-$120.18M-167%	-$44.94M-69.7%
Income from equity method investments	$368K—	——	$0—	——
Gain (loss) on disposal of assets	$290K-99.3%	$38.95M—	$0—	$0+100%
Income before income taxes	-$52.43M-33.2%	-$39.35M+75.8%	-$162.73M-114%	-$76.03M-30.9%
Income tax expense	$1.73M—	——	$1.29M+79.7%	$715K+3,663%
Net income	-$33.81M-37.9%	-$24.52M+72.8%	-$90.14M-116%	-$41.77M-36.3%
Net margin	-2.2%-0.5pp	-1.8%+5.6pp	-7.4%-3.1pp	-4.3%+1.1pp
Net income attributable to noncontrolling interests	-$20.34M-22.8%	-$16.56M+77.6%	-$73.88M-111%	-$34.98M-27.3%
Diluted earnings per share	-$0.50-25.0%	-$0.40+73.3%	-$1.50-100%	-$0.75-27.1%
Basic earnings per share	-$0.49-28.9%	-$0.38+74.7%	-$1.50-105%	-$0.73-28.1%
Weighted-average shares, diluted	273.9M+7.0%	255.9M+6.9%	239.5M+2.9%	232.7M+26.1%
Weighted-average shares, basic	270.6M+7.2%	252.4M+5.4%	239.5M+5.9%	226.1M+23.6%
Outside commissions	$279.71M+3.7%	$269.83M+27.6%	$211.42M—	——
Actual Claims Paid	$5.98M—	——	——	——
Additional Deferred Tax Liability	——	——	——	——
Administrative Fees Expense	$258.01M+3.0%	$250.6M+13.0%	$221.79M+32.1%	$167.96M—
Pre-tax stock-based compensation cost	$71.1M+8.7%	$65.4M+16.2%	$56.3M+18.8%	$47.4M+148%
Amortization Of Financing Costs	$5.69M-2.6%	$5.84M+13.9%	$5.13M+0.2%	$5.12M+46.0%
Amortization of capitalized software and acquired intangible assets	$121.32M+18.1%	$102.73M+10.8%	$92.7M+13.4%	$81.74M+67.8%
Assumed	$22.6M—	——	——	——
Written premiums, assumed	——	——	——	——
Business Acquisitions Pro Forma Net Income Loss	——	——	——	——
Business Acquisitions Pro Forma Revenue	$1.52B—	——	——	$1.01B+58.2%
Business Combination Consideration Transferred1	——	——	——	——
Business Combination Consideration Transferred Liabilities Incurred	$32.35M—	——	——	——
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1	——	-$4.95M-108%	$61.08M+89.1%	$32.31M-28.5%
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual	-$2.3M—	——	——	$24.9M+789%
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual	$23.6M—	——	——	$82.1M+34.6%
Contingent earnout liabilities recognized in business combinations	——	——	——	——
Capital investments accrued but not yet paid	$3.34M+19.3%	$2.8M-21.7%	$3.58M+319%	$855K+144%
Capitalized Contract Cost Amortization	$12.72M+30.5%	$9.74M+36.4%	$7.15M+54.2%	$4.63M+108%
Costs capitalized	$17.52M+0.8%	$17.38M—	——	——
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect	——	——	——	——
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	-$33.32M-35.9%	-$24.52M+72.8%	-$90.14M-116%	-$41.77M-36.3%
Less: comprehensive income attributable to noncontrolling interest	-$20.02M-20.9%	-$16.56M+77.6%	-$73.88M-111%	-$34.98M-27.3%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	-$53.34M-29.8%	-$41.08M+75.0%	-$164.02M-114%	-$76.75M-32.1%
Contingent earnout liabilities assumed in business combinations and asset acquisitions	$18.45M+8,135%	$224K-69.0%	$723K-95.2%	$14.92M—
Revenue recognized that was included in deferred income at the beginning of the period	$39.3M+29.8%	$30.28M-2.3%	$31M+70.3%	$18.2M+56.9%
Total expense	$1.56B+9.0%	$1.43B+3.4%	$1.38B+30.7%	$1.06B—
Federal	$0-100%	$19K-74.7%	$75K+317%	$18K+63.6%
Current State And Local Tax Expense Benefit	$1.73M+1.0%	$1.71M+37.0%	$1.25M+80.4%	$693K+23,000%
Federal	$0—	$0+100%	-$40K-1,900%	-$2K-150%
Deferred Federal, State and Local, Tax Expense (Benefit)	$0—	$0+100%	-$40K-1,100%	$4K-20.0%
Deferred payment obligations recognized in business combinations	——	——	$0—	——
Deferred payments for business combinations	——	——	——	——
State	$0—	$0—	$0-100%	$6K+500%
Defined contribution plan costs	$17.9M+12.6%	$15.9M-5.9%	$16.9M+48.2%	$11.4M+124%
Depreciation	$6.51M+5.2%	$6.19M+8.7%	$5.7M+23.3%	$4.62M+65.7%
Depreciation, Amortization and Accretion, Net	$127.83M+17.4%	$108.92M+10.7%	$98.4M+13.9%	$86.36M+67.7%
Effective tax rates	-$0.03—	——	——	——
Effective Income Tax Rate Reconciliation, Annual, Percent	——	——	——	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent	——	——	——	——
IRC 162(m)	——	$155K-84.3%	$987K+549%	$152K—
Nontaxable or nondeductible items	——	——	——	——
Excess tax benefits associated with employee equity plans	——	-$383K-149%	$778K+527%	$124K+127%
State income taxes – net of federal income tax benefit	——	——	——	——
Effective Income Tax Rate Reconciliation Tax Contingencies Foreign	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Percent	——	——	——	——
Equity interest issued in business combinations	$863K—	$0—	$0-100%	$4.81M—
Establish deferred taxes arising from investment in Baldwin Holdings	——	——	——	——
Establish Tax Receivable Agreement liabilities	——	——	——	——
Issuances, liabilities	——	——	——	——
Fiduciary Receivables And Payables, Net	——	——	-$44.6M—	——
Loss on extinguishment and modification of debt	-$6.23M+58.8%	-$15.11M—	——	$0—
Gain on sale of business and assets	$290K-99.3%	$38.95M—	$0—	$0—
Goodwill Additions	——	——	——	——
Purchase Price Adjustments	——	——	——	——
Investment income	$11.2M-6.0%	$11.92M+77.2%	$6.73M—	$0—
Income Loss From Continuing Operations Before Income Taxes Domestic	-$51.76M-31.5%	-$39.35M+75.8%	-$162.73M—	——
Income Loss From Continuing Operations Before Income Taxes Foreign	-$667K—	$0—	$0—	——
Income Tax Benefit, Percentage Of Benefit Payable To Controlling Owners	——	——	——	——
Income Tax Benefit, Percentage Of Benefit Payable To NonControlling Owners	——	——	——	——
State taxes	$229K—	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$10.08M+107%	$4.88M-76.3%	$20.57M+134%	$8.79M+26.6%
Income Tax Reconciliation Change In Enacted Tax Rate	——	-$3.52M-634%	-$479K-158%	$824K+6,967%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	-$11.01M-33.2%	-$8.26M+76.1%	-$34.59M-117%	-$15.97M-30.9%
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Amount	-$4.37M-41.6%	-$3.09M+83.2%	-$18.36M-95.0%	-$9.42M-33.1%
Nontaxable or Nondeductible items	$150K—	——	——	——
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	——	$4.46M+3,387%	$128K+125%	-$502K-16,833%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	$0-100%	$1.33M+147%	$540K+382%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	$1.73M+32.0%	$1.31M+123%	-$5.8M-118%	-$2.66M-10.7%
Income Tax Reconciliation Tax Contingencies Foreign	$140K—	——	——	——
Income taxes paid	$1.7M-38.1%	$2.75M—	——	——
Income Taxes Paid, Net	$1.7M—	——	——	——
Accounts payable and other current liabilities	——	-$488K—	——	$173.36M—
Colleague earnout incentives	-$32.81M-232%	$24.81M+209%	$8.02M—	$0—
Increase Decrease In Deferred Liabilities	——	——	——	——
Change in fair value of contingent consideration	——	-$4.95M-108%	$61.08M+89.1%	$32.31M—
Short- and long-term operating lease liabilities	-$16.09M-16.8%	-$13.78M-4.5%	-$13.18M-178%	$16.99M-79.7%
Increase (Decrease) in Operating Lease, Right-of-Use Asset	-$16.01M+4.2%	-$16.7M+7.0%	-$17.96M-233%	$13.49M—
Increase (Decrease) in Premiums Receivable	——	——	——	$183.01M+184%
Increase (Decrease) in Prepaid Expense and Other Assets	——	——	$6.96M-37.2%	$11.09M+14.5%
Increase (Decrease) In Tax Receivable Agreement, Liability, Exchange Of Common Stock	——	——	——	——
Increase (Decrease) In Tax Receivable Agreement, Liability	——	——	——	——
Incurred losses and LAE	$19.05M—	——	——	——
Interest Income (Expense), Operating	-$121.43M+1.8%	-$123.64M-3.5%	-$119.47M-68.1%	-$71.07M-164%
Interest Paid, Excluding Capitalized Interest, Operating Activity	$115.28M+3.5%	$111.4M+5.7%	$105.39M+68.1%	$62.7M+184%
Long-Term Debt, Extinguishment and Modification	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$219.22M—	——	$18.37M—	——
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$140.28M—	——	-$21.92M+94.7%	-$414.36M+38.9%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	——	$53.75M—	——	——
Net Income Loss Attributable To Noncontrolling Interest	-$20.34M-22.8%	-$16.56M+77.6%	-$73.88M-111%	-$34.98M-27.3%
Net loss	-$54.43M-31.4%	-$41.4M+74.8%	-$164.31M-113%	-$76.97M-32.0%
Nonoperating Income (Expense), Other	——	$41.6M+166%	-$63.36M-774%	-$7.25M—
Number of completed acquisitions	——	——	——	——
Number of operating segments	——	——	——	——
Number of reportable segments	——	——	3-25.0%	40.0%
Operating Lease Payments	$21.78M+0.3%	$21.72M+10.9%	$19.59M+14.4%	$17.13M+48.1%
Operating lease right-of-use assets amortization expense	——	——	——	——
Other comprehensive income/(loss)	——	——	$0—	——
Other Noncash Income (Expense)	——	-$909K+55.2%	-$2.03M-1,404%	-$135K+56.6%
Other income, net (Note 6)	——	-$194K+73.0%	-$718K-103%	$26.14M+6,064%
Payment for Contingent Consideration Liability, Financing Activities	$66.17M-32.9%	$98.68M+253%	$27.95M-42.1%	$48.31M+526%
Payment for Contingent Consideration Liability, Operating Activities	$85.78M+267%	$23.4M-3.8%	$24.33M-51.3%	$49.93M+935%
Payments For Asset Acquisitions	——	——	——	——
Payments for Repurchase of Common Stock	——	——	——	——
Payments of Debt Issuance Costs	$164K—	——	$5M+174%	$1.82M+62.0%
Payments relating to extinguishment and modification of long-term debt	$1.77B+77.4%	$996.18M—	$0—	$0—
Payment related to business acquisition	$87.4M—	——	——	——
Payments to Acquire Businesses, Net of Cash Acquired	$85.51M—	——	——	$387.92M-41.9%
Payments to Acquire Investments	$16.68M+332%	$3.86M+129%	$1.69M+52.9%	$1.1M-42.2%
Payments to Acquire Productive Assets	$39.53M-3.7%	$41.05M—	——	$21.98M—
Divestiture of businesses, net of cash transferred	——	$56.98M+1,648%	$3.26M—	$0—
Proceeds from revolver	$263M+148%	$106M-4.5%	$111M-78.3%	$512M+21.8%
Financing — other	-$5.15M-1,852%	-$264K+23.0%	-$343K—	——
Redeemable Noncontrolling Interest, Decrease from Distributions to Redeemable Noncontrolling Interest Holders	——	——	——	——
Repayment of stockholder notes receivable	——	——	$42K-76.3%	$177K—
Repayments of Lines of Credit	$156M-65.1%	$447M+62.5%	$275M+555%	$42M—
Repayments of Secured Debt	$7.19M+6.4%	$6.76M-27.9%	$9.38M—	——
Revenue From Contract With Customer Excluding Assessed Tax	$1.49B+8.5%	$1.38B+13.6%	$1.21B+23.6%	$980.72M+72.9%
Right-of-use assets increased through lease modifications and reassessments	$2.73M+256%	$767K-27.8%	$1.06M-82.0%	$5.91M—
Right-of-use assets increased through lease modifications and reassessments	——	——	——	——
Property, plant, and equipment additions	$39.53M-3.7%	$41.05M+92.0%	$21.38M-2.7%	$21.98M+313%
Selling Expense	$54.53M+8.8%	$50.13M+9.7%	$45.68M+27.4%	$35.86M—
Stock-based compensation	$71.11M+8.6%	$65.5M+9.2%	$60.01M+26.6%	$47.39M+147%
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period	——	——	——	——
Volatilities, high end of range (as a percent)	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value	——	——	——	——
Volatilities, low end of range (as a percent)	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period	——	——	——	——
Vested, grant-date fair value	$61.1M+26.0%	$48.5M+21.3%	$40M—	——
Stock Issued During Period Value Acquisitions	——	——	——	——
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture	$35.31M-16.6%	$42.34M-3.1%	$43.69M+52.9%	$28.57M+62.3%
Value of shares repurchased	——	——	——	——
Tax Receivable Agreement liability and deferred taxes arising from LLC interest ownership changes	——	——	——	——
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	——	——	——	——
Valuation Allowance, Deferred Tax Asset, Decrease In Additional Paid In Capital	——	——	——	——
Valuation Allowance, Deferred Tax Asset, Income Tax Expense (Benefit)	——	——	——	——
Variable Lease Cost	$1.26M-75.6%	$5.18M+40.7%	$3.68M+19.7%	$3.07M+7.7%
Add: dilutive effect of potential common shares (in shares)	——	——	——	——
EBIT	$83.21M+25.8%	$66.12M+255%	-$42.55M-36.8%	-$31.1M+1.7%
EBITDA	$211.04M+20.6%	$175.05M+213%	$55.85M+1.1%	$55.26M+178%
EBITDA	$211.04M+20.6%	$175.05M+213%	$55.85M+1.1%	$55.26M+178%
EBITDA margin	14%+1.4pp	12.6%+8.0pp	4.6%-1.1pp	5.6%+2.1pp
EBIT	$83.21M+25.8%	$66.12M+255%	-$42.55M-36.8%	-$31.1M+1.7%

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Questions, answered.

What is The Baldwin Insurance Group, Inc.'s revenue?: The Baldwin Insurance Group, Inc. (BWIN) generated $1.6B in revenue over the trailing twelve months, up 14.2% year over year.
Is The Baldwin Insurance Group, Inc. profitable?: The Baldwin Insurance Group, Inc. is not currently profitable: it reported a net loss of $45.4M over the trailing twelve months, a -2.8% net margin.
What is The Baldwin Insurance Group, Inc.'s earnings per share?: The Baldwin Insurance Group, Inc.'s diluted EPS over the trailing twelve months is $-0.68.
Where does The Baldwin Insurance Group, Inc.'s income statement data come from?: Every line is extracted from The Baldwin Insurance Group, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.