Baldwin Insurance (BWIN) Debt Ratio (2018 - 2026)
Baldwin Insurance (BWIN) posted quarterly Debt Ratio of 0.37 for Q2 2026, down 8.39% year-over-year from 0.4 in Q2 2025, and down 3.64% quarter-over-quarter from 0.38 in Q1 2026.
Baldwin Insurance (BWIN) Debt Ratio (2018 - 2026) Analysis & Trends
Baldwin Insurance (BWIN) has reported Debt Ratio for 9 consecutive years, with 0.37 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio fell 8.39% year-over-year to 0.37; the TTM figure through Jun 2026 stood at 0.37 (down 8.39% YoY), while the FY2025 annual figure was 0.41, down 6.45% from the prior year.
- Debt Ratio eased to 0.37 in Q2 2026 per BWIN's latest filing, from 0.38 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.45 in Q3 2024 and bottomed at 0.25 in Q4 2022.
- Historically, Debt Ratio has averaged 0.35 across 5 years, with a median of 0.35 in 2024.
- Annual changes were most pronounced in 2022 — Debt Ratio declined 23.33% — and 2024, when it soared 63.5%.
- Baldwin Insurance's Debt Ratio stood at 0.25 in 2022, then soared by 36.58% to 0.34 in 2023, then advanced by 29.02% to 0.44 in 2024, then slipped by 6.45% to 0.41 in 2025, then dropped by 9.79% to 0.37 in 2026.
- Business Quant data shows BWIN's Debt Ratio at 0.37 in Q2 2026, 0.38 in Q1 2026, and 0.41 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | 17.42 |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 0.36 |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | 0.28 |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | 0.16 |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 0.21 |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 0.26 |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | 2.35 |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 0.01 |
| 10 | Baldwin Insurance | 2.90 Bn | 2.72 Bn | - | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37 |
| 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 |