Baldwin Insurance (BWIN) EBT (2018 - 2026)
Baldwin Insurance's (BWIN) quarterly EBT came in at -$146.4 million in Q1 2026, down 688.07% year-on-year from $24.9 million in Q1 2025, and down 243.46% on a QoQ basis from -$42.6 million in Q4 2025.
Baldwin Insurance (BWIN) EBT (2018 - 2026) Analysis & Trends
Baldwin Insurance (BWIN) has 9 years of EBT data on file, last reported at -$146.4 million in Q1 2026.
- On a quarterly basis, EBT fell 688.07% year-over-year to -$146.4 million in Q1 2026; TTM through Mar 2026 was -$223.8 million, a 312.86% decrease from a year earlier, with the FY2025 full-year figure at -$52.4 million, down 33.23% from the prior year.
- EBT for Q1 2026 stood at -$146.4 million, down from -$42.6 million in the prior quarter.
- Over the last five years, EBT for BWIN reached as high as $44.8 million in Q1 2022 and fell as low as -$146.4 million in Q1 2026.
- Historically, EBT has averaged -$28.1 million across 5 years, with a median of -$30.3 million in 2025.
- Across the five-year window, EBT jumped 254.28% in 2024 and plunged 688.07% in 2026, its largest moves.
- Year by year, EBT stood at -$90.8 million in 2022, then jumped by 31.56% to -$62.1 million in 2023, then soared by 43.24% to -$35.3 million in 2024, then retreated by 20.91% to -$42.6 million in 2025, then slumped by 243.46% to -$146.4 million in 2026.
- Per Business Quant data, the three most recent EBT figures were -$146.4 million in Q1 2026, -$42.6 million in Q4 2025, and -$30.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 1.70 Bn |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 1.55 Bn |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | 1.04 Bn |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 376.00 Mn |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 533.00 Mn |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 10.08 Mn |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 2.00 Mn |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 32.23 Mn |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | -146.42 Mn |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | 21.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -146.42 Mn |
| Dec 31, 2025 | -42.63 Mn |
| Sep 30, 2025 | -30.35 Mn |
| Jun 30, 2025 | -4.46 Mn |
| Mar 31, 2025 | 24.90 Mn |
| Dec 31, 2024 | -35.26 Mn |
| Sep 30, 2024 | -14.48 Mn |
| Jun 30, 2024 | -29.38 Mn |
| Mar 31, 2024 | 39.77 Mn |
| Dec 31, 2023 | -62.12 Mn |
| Sep 30, 2023 | -31.85 Mn |
| Jun 30, 2023 | -43.00 Mn |
| Mar 31, 2023 | -25.78 Mn |
| Dec 31, 2022 | -90.76 Mn |
| Sep 30, 2022 | -46.71 Mn |
| Jun 30, 2022 | 16.59 Mn |
| Mar 31, 2022 | 44.84 Mn |
| Dec 31, 2021 | -44.37 Mn |
| Sep 30, 2021 | -24.60 Mn |
| Jun 30, 2021 | -20.44 Mn |