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

Baldwin Insurance (BWIN) reported Debt Ratio of 0.38 for Q1 2026, down 12.1% year-over-year from 0.43 in Q1 2025, and up 1171.15% quarter-over-quarter from 0.03 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.

  • Debt Ratio for Q1 2026 came in at 0.38, down 12.1% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.38 (down 12.1% YoY), and the FY2025 annual result was 0.03, down 25.73% from the prior year.
  • Debt Ratio improved to 0.38 in Q1 2026 per BWIN's latest filing, from 0.03 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.45 in Q3 2024 and troughed at 0.03 in Q4 2025.
  • A 5-year average of 0.19 and a median of 0.16 in 2024 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio slumped 86.64% in 2022, then surged 436.99% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.16 in 2022, then decreased by 0.34% to 0.16 in 2023, then plunged by 74.54% to 0.04 in 2024, then decreased by 25.73% to 0.03 in 2025, then soared by 1171.15% to 0.38 in 2026.
  • Business Quant data shows BWIN's Debt Ratio at 0.38 in Q1 2026, 0.03 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 79.42 Bn 67.92 Bn 5.88 Bn 0.35
2 Aon 69.98 Bn 68.59 Bn - 0.29
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 0.16
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 0.21
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 0.27
6 XChange TEC.INC 6.75 Bn 6.75 Bn - 0.47
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 2.66
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 0.38

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.03
Sep 30, 2025 0.42
Jun 30, 2025 0.03
Mar 31, 2025 0.43
Dec 31, 2024 0.04
Sep 30, 2024 0.45
Jun 30, 2024 0.06
Mar 31, 2024 0.16
Dec 31, 2023 0.16
Sep 30, 2023 0.12
Jun 30, 2023 0.17
Mar 31, 2023 0.18
Dec 31, 2022 0.16
Sep 30, 2022 0.24
Jun 30, 2022 0.17
Mar 31, 2022 0.03
Dec 31, 2021 0.30
Sep 30, 2021 0.07
Jun 30, 2021 0.28