Growth Metrics

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

Baldwin Insurance (BWIN) reported Equity Ratio of 0.16 for Q1 2026, down 45.07% year-over-year from 0.3 in Q1 2025, and up 4.38% on a QoQ basis from 0.16 in Q4 2025.

Baldwin Insurance (BWIN) has 9 years of Equity Ratio data on file, last reported at 0.16 in Q1 2026.

  • Quarterly Equity Ratio fell 45.07% year-over-year to 0.16 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.16 (down 45.07% YoY) and the FY2025 annual result came in at 0.16, down 45.52% from the prior year.
  • Equity Ratio advanced to 0.16 in Q1 2026 per BWIN's latest filing, from 0.16 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.42 in Q1 2022 and bottomed at 0.16 in Q4 2025.
  • The 5-year median for Equity Ratio is 0.3 (2025), against an average of 0.29.
  • Peak annual rise in Equity Ratio reached 0.94% in 2025, while the deepest fall reached 45.52% in 2025.
  • Tracing BWIN's Equity Ratio over 5 years: stood at 0.33 in 2022, then decreased by 11.64% to 0.29 in 2023, then dropped by 1.91% to 0.29 in 2024, then tumbled by 45.52% to 0.16 in 2025, then increased by 4.38% to 0.16 in 2026.
  • Per Business Quant, the three latest BWIN Equity Ratio figures stand at 0.16 (Q1 2026), 0.16 (Q4 2025), and 0.16 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 0.19
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 0.30
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 0.27
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 0.42
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -12.69
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 0.08
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 0.58
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 0.16
9 Goosehead Insurance 1.01 Bn 899.53 Mn - -0.31
10 Twfg 279.02 Mn 351.22 Mn - 0.77

Historic Data

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DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.16
Sep 30, 2025 0.16
Jun 30, 2025 0.28
Mar 31, 2025 0.30
Dec 31, 2024 0.29
Sep 30, 2024 0.29
Jun 30, 2024 0.28
Mar 31, 2024 0.31
Dec 31, 2023 0.29
Sep 30, 2023 0.31
Jun 30, 2023 0.32
Mar 31, 2023 0.33
Dec 31, 2022 0.33
Sep 30, 2022 0.36
Jun 30, 2022 0.37
Mar 31, 2022 0.42
Dec 31, 2021 0.41
Sep 30, 2021 0.50
Jun 30, 2021 0.46
Mar 31, 2021 0.51
Dec 31, 2020 0.50
Sep 30, 2020 0.58
Jun 30, 2020 0.49
Mar 31, 2020 0.57
Dec 31, 2019 0.59
Sep 30, 2019 -0.59
Dec 31, 2018 -0.45