The Baldwin Insurance Group, Inc. (BWIN)

From the record

The Baldwin Insurance Group, Inc.'s filings since 2019 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

The Baldwin Insurance Group, Inc.'s 5 filed years say what it did: revenue went from $567 million in fiscal 2021 to $1.5 billion in fiscal 2025, up 27.6% a year; it rose in 4 of 4 years; it never fell from a peak; net income was positive in 0 of 5 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, The Baldwin Insurance Group, Inc.'s diluted share count grew about 6.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales and 2 purchases of their own stock on the open market in the year to 2026-10-16, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, The Baldwin Insurance Group, Inc. lost about 3 cents for every dollar of shareholders' money. Leverage: it owed about 72 cents per dollar of assets, and net share issuance: its share count grew 7.1% over the year (the filed statements).

From the record

The Baldwin Insurance Group, Inc.'s standing among 30 graded names in its industry family: revenue of $1.5 billion in fiscal 2025 ranks in the top 40% by size; a net margin of -2.2% ranks in the bottom 22%; revenue growth of 15.3% a year over the last 3 filed years ranks in the top 48% (its annual reports).

From the record

The Baldwin Insurance Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Baldwin, Trevor (Chief Executive Officer, as filed), filing under that title since 2019-10-23, 7.1 years (top 27% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 5.6 years (bottom 45%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

The Baldwin Insurance Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $347 million against no long-term debt tagged leaves 9% of its assets as net cash, top 40% of its family; cash from operations less capital spending is -4.6% of revenue (bottom 15%) (its annual report).

From the record

The Baldwin Insurance Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15.3% a year over the last three filed years against 27.6% over all 5, slowing (bottom 16% of its family); the newest year grew 8.3% (bottom 43%); capital spending grew 21.6% a year (top 24%) (its annual reports). The Baldwin Insurance Group, Inc. reported 6 product lines in fiscal 2025: Commission Revenue at $1.2 billion (79%), Consulting and Service Fee Revenue at $95 million (6%), Profit Sharing Revenue at $94 million (6%), and 3 more; 4 of 5 grew against the year before (its annual report).

From the record

The Baldwin Insurance Group, Inc.'s newest year against its own record: revenue of $1.5 billion in fiscal 2025 came in 9% below the $1.7 billion its prior three years' pace pointed to (bottom 30% of its family); net income of $34 million against a prior three-year average of $52 million (bottom 46%); a net margin of -2.2% against -4.5% before (top 42%) (its annual reports).