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Discontinued — last reported Q1 '26

Net debt at other companies

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Sonos, Inc.SONO
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ANI PharmaceuticalsANIP
-0×-2.5×
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Global Net LeaseGNL
-0.2×-0.1×
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Healthcare Services GroupHCSG
-1.3×-22.6×
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Global PartnersGLP
1.7×+0.2×
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Ivanhoe ElectricIE
-19.6×

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$2.42B-30.3%

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

Calculated from The Baldwin Insurance Group, Inc.’s reported figures.

The official record: The Baldwin Insurance Group, Inc.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Baldwin Insurance Group, Inc.'s net debt?
The Baldwin Insurance Group, Inc. (BWIN) reported net debt of $1.81B in Q1 2026.
How has The Baldwin Insurance Group, Inc.'s net debt changed year-over-year?
The Baldwin Insurance Group, Inc.'s net debt increased by 40.2% year-over-year, from $1.29B to $1.81B.
What is the long-term trend for The Baldwin Insurance Group, Inc.'s net debt?
Over 5 years (2020 to 2025), The Baldwin Insurance Group, Inc.'s net debt has grown at a 34.3% compound annual growth rate (CAGR), from $299.76M to $1.31B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.