Baldwin Insurance (BWIN) EBT (2018 - 2026)

Baldwin Insurance (BWIN) reported EBT of -$146.4 million for Q1 2026, down 688.07% year-over-year from $24.9 million in Q1 2025, and down 244.34% quarter-over-quarter from -$42.5 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.

  • EBT for Q1 2026 came in at -$146.4 million, down 688.07% year-over-year; the trailing twelve-month figure through Mar 2026 was -$223.6 million (down 312.46% YoY), and the FY2025 annual result was -$52.4 million, down 33.23% from the prior year.
  • EBT fell to -$146.4 million in Q1 2026 per BWIN's latest filing, from -$42.5 million in the prior quarter.
  • Over five years, EBT peaked at $44.8 million in Q1 2022 and troughed at -$146.4 million in Q1 2026.
  • A 5-year average of -$28.0 million and a median of -$30.2 million in 2025 frame the typical range for EBT.
  • The sharpest annual moves came in 2024 and 2026: EBT soared 254.28% in 2024, then slumped 688.07% in 2026.
  • A 5-year view of EBT shows it 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 fell by 20.6% to -$42.5 million in 2025, then tumbled by 244.34% to -$146.4 million in 2026.
  • Business Quant data shows BWIN's EBT at -$146.4 million in Q1 2026, -$42.5 million in Q4 2025, and -$30.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 1.58 Bn
2 Aon 69.98 Bn 68.59 Bn - 1.55 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 1.04 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 376.00 Mn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 533.00 Mn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 10.08 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 32.23 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 2.00 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -146.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -146.42 Mn
Dec 31, 2025 -42.52 Mn
Sep 30, 2025 -30.24 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