Baldwin Insurance (BWIN) Debt Ratio (2018 - 2026)

Baldwin Insurance's (BWIN) quarterly Debt Ratio came in at 0.38 in Q1 2026, down 12.1% year-on-year from 0.43 in Q1 2025, and down 6.38% on a QoQ basis from 0.41 in Q4 2025.

Baldwin Insurance (BWIN) Debt Ratio (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has 9 years of Debt Ratio data on file, last reported at 0.38 in Q1 2026.

  • On a quarterly basis, Debt Ratio fell 12.1% year-over-year to 0.38 in Q1 2026; TTM through Mar 2026 was 0.38, a 12.1% decrease from a year earlier, with the FY2025 full-year figure at 0.41, down 6.45% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.38, down from 0.41 in the prior quarter.
  • Over the last five years, Debt Ratio for BWIN reached as high as 0.44 in Q4 2024 and fell as low as 0.06 in Q2 2024.
  • Historically, Debt Ratio has averaged 0.27 across 5 years, with a median of 0.27 in 2023.
  • Across the five-year window, Debt Ratio jumped 1960.38% in 2022 and sank 79.22% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.16 in 2022, then soared by 112.05% to 0.34 in 2023, then grew by 29.02% to 0.44 in 2024, then declined by 6.45% to 0.41 in 2025, then slipped by 6.38% to 0.38 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.38 in Q1 2026, 0.41 in Q4 2025, and 0.42 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 0.34
2 Aon 75.99 Bn 74.60 Bn - 0.29
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 0.16
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 0.21
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 0.27
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 2.66
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 0.01
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn -
9 Baldwin Insurance 2.43 Bn 2.87 Bn - 0.38
10 Goosehead Insurance 1.31 Bn 1.20 Bn - 0.78

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.41
Sep 30, 2025 0.42
Jun 30, 2025 0.40
Mar 31, 2025 0.43
Dec 31, 2024 0.44
Sep 30, 2024 0.06
Jun 30, 2024 0.06
Mar 31, 2024 0.16
Dec 31, 2023 0.34
Sep 30, 2023 0.12
Jun 30, 2023 0.27
Mar 31, 2023 0.18
Dec 31, 2022 0.16
Sep 30, 2022 0.24
Jun 30, 2022 0.24
Mar 31, 2022 0.30
Dec 31, 2021 0.02
Sep 30, 2021 0.23
Jun 30, 2021 0.01