Baldwin Insurance (BWIN) Debt to Equity (2018 - 2026)
Baldwin Insurance (BWIN) reported Debt to Equity of $2.35 for Q1 2026, up 60.04% year-over-year from $1.47 in Q1 2025, and up 1117.86% on a QoQ basis from $0.19 in Q4 2025.
Baldwin Insurance (BWIN) has 9 years of Debt to Equity data on file, last reported at $2.35 in Q1 2026.
- Quarterly Debt to Equity rose 60.04% year-over-year to $2.35 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.35 (up 60.04% YoY) and the FY2025 annual result came in at $0.19, up 36.33% from the prior year.
- Debt to Equity climbed to $2.35 in Q1 2026 per BWIN's latest filing, from $0.19 in the prior quarter.
- Across five years, Debt to Equity topped out at $2.56 in Q3 2025 and bottomed at $0.08 in Q1 2022.
- The 5-year median for Debt to Equity is $0.53 (2024), against an average of $0.75.
- The widest annual swing landed in 2022, when Debt to Equity slumped 83.78%; it then surged 592.06% in 2023.
- Tracing BWIN's Debt to Equity over 5 years: stood at $0.48 in 2022, then grew by 12.79% to $0.55 in 2023, then plunged by 74.04% to $0.14 in 2024, then surged by 36.33% to $0.19 in 2025, then soared by 1117.86% to $2.35 in 2026.
- Per Business Quant, the three latest BWIN Debt to Equity figures stand at $2.35 (Q1 2026), $0.19 (Q4 2025), and $2.56 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 1.47 |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 0.53 |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 0.78 |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 0.63 |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | -0.04 |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 2.35 |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | -2.62 |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.35 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 2.56 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | 1.47 |
| Dec 31, 2024 | 0.14 |
| Sep 30, 2024 | 1.54 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.66 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.72 |
| Sep 30, 2021 | 0.15 |
| Jun 30, 2021 | 0.60 |
| Mar 31, 2021 | 0.48 |
| Dec 31, 2020 | 0.50 |
| Sep 30, 2020 | 0.26 |
| Jun 30, 2020 | 0.54 |
| Mar 31, 2020 | 0.25 |
| Dec 31, 2019 | 0.17 |
| Sep 30, 2019 | -0.43 |
| Dec 31, 2018 | -0.55 |