Baldwin Insurance BWIN
NASDAQ BWIN
$31.90 +0.45 (+1.43%)
At close: Aug 21, 2026 · 4:00 PM EDT

Baldwin Insurance (BWIN) Free Cash Flow (2018 - 2026)

Baldwin Insurance (BWIN) posted quarterly Free Cash Flow of $30.4 million for Q2 2026, up 208.1% year-over-year from $9.9 million in Q2 2025, and up 262.11% quarter-over-quarter from -$18.7 million in Q1 2026.

Baldwin Insurance (BWIN) Free Cash Flow (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has reported Free Cash Flow for 9 consecutive years, with $30.4 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Free Cash Flow rose 208.1% year-over-year to $30.4 million; the TTM figure through Jun 2026 stood at $43.7 million (up 146.87% YoY), while the FY2025 annual figure was -$68.9 million, down 762.68% from the prior year.
  • Free Cash Flow improved to $30.4 million in Q2 2026 per BWIN's latest filing, from -$18.7 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $44.3 million in Q2 2023 and bottomed at -$72.9 million in Q1 2025.
  • Historically, Free Cash Flow has averaged -$5.1 million across 5 years, with a median of -$6.6 million in 2022.
  • Annual changes were most pronounced in 2023 — Free Cash Flow soared 655.56% — and 2025, when it plunged 1318.88%.
  • Baldwin Insurance's Free Cash Flow stood at $7.6 million in 2022, then plunged by 493.75% to -$30.0 million in 2023, then surged by 51.78% to -$14.5 million in 2024, then soared by 99.42% to -$84000.0 in 2025, then surged by 36260.71% to $30.4 million in 2026.
  • Business Quant data shows BWIN's Free Cash Flow at $30.4 million in Q2 2026, -$18.7 million in Q1 2026, and -$84000.0 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 XChange TEC.INC 265.99 Bn 265.99 Bn - -
2 Marsh & Mclennan Companies 92.14 Bn 79.94 Bn 6.04 Bn 1.49 Bn
3 Aon 75.64 Bn 74.37 Bn - 483.00 Mn
4 Arthur J. Gallagher 67.55 Bn 66.16 Bn - -41.00 Mn
5 Willis Towers Watson 32.13 Bn 30.47 Bn 2.09 Bn 425.00 Mn
6 Brown & Brown 23.98 Bn 23.06 Bn 1.41 Bn 329.00 Mn
7 Erie Indemnity 12.29 Bn 11.94 Bn - 173.40 Mn
8 Neptune Insurance Holdings 4.61 Bn 4.59 Bn - 25.64 Mn
9 Accelerant Holdings 4.28 Bn 2.62 Bn 285.20 Mn -81.80 Mn
10 Baldwin Insurance 2.96 Bn 2.77 Bn - 30.38 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 30.38 Mn
Jun 30, 2026 30.38 Mn
Mar 31, 2026 -18.74 Mn
Mar 31, 2026 -18.74 Mn
Dec 31, 2025 -84,000.00
Dec 31, 2025 -84,000.00
Sep 30, 2025 32.15 Mn
Sep 30, 2025 32.15 Mn
Jun 30, 2025 -28.10 Mn
Jun 30, 2025 -28.10 Mn
Mar 31, 2025 -72.92 Mn
Mar 31, 2025 -72.92 Mn
Dec 31, 2024 23.79 Mn
Dec 31, 2024 23.79 Mn
Sep 30, 2024 22.22 Mn
Sep 30, 2024 22.22 Mn
Jun 30, 2024 7.78 Mn
Jun 30, 2024 7.78 Mn
Mar 31, 2024 -5.14 Mn
Mar 31, 2024 -5.14 Mn