The Baldwin Insurance Group, Inc. BWIN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | -2.8%-0.5pp | -2.2%-0.5pp | -1.9%+1.0pp | -1.2%+2.5pp | -2.3%+2.0pp | |
| EBITDA margin | 5.1%-8.8pp | 14%+1.4pp | 13.6%+3.0pp | 14.4%+5.1pp | 14%+7.1pp | |
| Returns | ||||||
| Return on equity | -5.7%-0.5pp | -5.7%-1.4pp | -4.6%+1.9pp | -2.9%+5.2pp | -5.3%+3.8pp | |
| Return on assets | -1%0.0pp | -0.9%-0.2pp | -0.8%+0.3pp | -0.5%+0.9pp | -0.9%+0.7pp | |
| Return on invested capital | -3.2%-8.4pp | 4.5%+0.4pp | 4.7%+2.5pp | 5.6%+4.2pp | 5.3%+6.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×-0.1× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.1×0.0× | 1.2×+0.2× | 1.2×+0.2× | 1.2×+0.2× | 1.1×+0.2× | |
| Quick ratio | 1.1×0.0× | 1.2×+0.2× | 1.2×+0.2× | 1.2×+0.2× | 1.1×+0.2× | |
| Cash ratio | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.4×+0.1× | 0.3×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 2.4×-0.2× | 2.8×+0.2× | 2.7×+0.2× | 2.5×0.0× | 2.6×+0.8× | |
| Debt-to-assets | 0.4×-0.1× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×+0.1× | |
| Net debt / EBITDA | 21.7×+15.2× | 6.2×-0.5× | 6.6×-1.5× | 5.7×-3.6× | 6.5×-3.1× | |
| Interest coverage | -0.6×-1.5× | 0.7×+0.1× | 0.8×+0.4× | 0.9×+0.7× | 0.9×+1.0× | |
| Per Share | ||||||
| Book value per share | $9.96+11.4% | $8.83-3.9% | $9.03-2.9% | $9.28-0.9% | $8.94-2.4% | |
| Valuation | ||||||
| Market capitalization | $2.12B-30.3% | $1.72B-34.3% | $2.01B-36.0% | $3.15B+40.5% | $3.05B— | |
| Enterprise value | $3.93B-9.3% | $3.03B-20.3% | $3.34B-22.2% | $4.35B+28.7% | $4.34B— | |
| Price / sales | 1.3×-0.8× | 1.1×-0.7× | 1.4×-1.0× | 2.2×+0.4× | 2.1×— | |
| Price / book | 2.2×-2.7× | 2.9×-1.6× | 3.2×-2.0× | 5×+1.2× | 4.9×— | |
| EV / EBITDA | 47.2×+25.3× | 14.4×-7.3× | 16.5×-13.7× | 20.6×-6.9× | 21.8×— | |
| EV / sales | 2.4×-0.6× | 2×-0.7× | 2.2×-0.9× | 3×+0.4× | 3×— | |
| Earnings yield | -2.1%-1.1pp | -2%-1.0pp | -1.4%-0.2pp | -0.6%+1.6pp | -1.1%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do The Baldwin Insurance Group, Inc.'s ratios come from?
- Every ratio is computed from The Baldwin Insurance Group, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
