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Intangibles (Net) at other companies

Brown & Brown logo
Brown & BrownBRO
$4.57B+145%
Aon plc logo
Aon plcAON
$5.66B-16.0%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$10.21B
SiriusPoint logo
SiriusPointSPNT
$137.4M+1.7%
American Financial Group logo
American Financial GroupAFG
$179M-7.3%
Axis Capital Holders logo
Axis Capital HoldersAXS
$161.26M-5.6%

Other financials

Income statement

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Revenue$532.2M+28.7%
Operating income-$101.3M-281%
Net income$2.3M-83.2%
EPS (diluted)$0.02-90.0%

Balance sheet

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Cash & equivalents$456.1M+52.5%
Total debt$2.3B+42.5%
Total equity$963.9M+55.6%
Total assets$5.9B+67.5%

Cash flow

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Operating cash flow-$6.1M+90.5%
CapEx$12.7M+41.8%
Free cash flow-$18.7M+74.3%

Valuation

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Market cap$2.77B+27.8%
Enterprise value$4.58B+35.9%
P/S1.7×+0.2×

Profitability

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Operating margin5.9%+3.2pp
Net margin-2.8%+0.9pp
FCF margin-0.4%

Returns & leverage

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Return on equity-5.7%+0.5pp
Debt / equity2.4×-0.2×
Current ratio1.1×0.0×

Where this comes from

Reported directly by The Baldwin Insurance Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetExcludingGoodwill.

The source filing: The Baldwin Insurance Group, Inc.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:54 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001781755-26-000034
(in thousands, except share and per share data)March 31, 2026December 31, 2025
Property and equipment, net31,49822,502
Right-of-use assets83,40961,976
Other assets96,37382,419
Intangible assets, net1,484,739978,434
Goodwill2,652,1311,517,171
Total assets$5,942,628$3,862,220
Liabilities, Mezzanine Equity and Stockholders’ Equity
Current liabilities:

Item 1. Financial Statements (Unaudited)

FAQ

What is The Baldwin Insurance Group, Inc.'s intangibles (net)?
The Baldwin Insurance Group, Inc. (BWIN) reported intangibles (net) of $1.48B in Q1 2026.
How has The Baldwin Insurance Group, Inc.'s intangibles (net) changed year-over-year?
The Baldwin Insurance Group, Inc.'s intangibles (net) increased by 58.4% year-over-year, from $937.61M to $1.48B.
What is the long-term trend for The Baldwin Insurance Group, Inc.'s intangibles (net)?
Over 5 years (2020 to 2025), The Baldwin Insurance Group, Inc.'s intangibles (net) has grown at a 12.0% compound annual growth rate (CAGR), from $554.32M to $978.43M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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