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

Baldwin Insurance's (BWIN) quarterly Free Cash Flow came in at -$18.7 million in Q1 2026, up 74.3% year-on-year from -$10.7 million in Q1 2025, and down 22205.95% on a QoQ basis from -$84000.0 in Q4 2025.

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

Baldwin Insurance (BWIN) has 9 years of Free Cash Flow data on file, last reported at -$18.7 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 74.3% year-over-year to -$18.7 million in Q1 2026; TTM through Mar 2026 was -$14.8 million, a 22.8% increase from a year earlier, with the FY2025 full-year figure at -$68.9 million, down 241.72% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$18.7 million, down from -$84000.0 in the prior quarter.
  • Over the last five years, Free Cash Flow for BWIN reached as high as $51.3 million in Q2 2023 and fell as low as -$72.9 million in Q1 2025.
  • Historically, Free Cash Flow has averaged -$3.7 million across 5 years, with a median of -$5.1 million in 2024.
  • Across the five-year window, Free Cash Flow surged 665.93% in 2023 and slumped 1318.88% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at $28.7 million in 2022, then tumbled by 204.3% to -$30.0 million in 2023, then jumped by 179.38% to $23.8 million in 2024, then slumped by 100.35% to -$84000.0 in 2025, then plunged by 22205.95% to -$18.7 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$18.7 million in Q1 2026, -$84000.0 in Q4 2025, and $32.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 1.49 Bn
2 Aon 75.99 Bn 74.60 Bn - 363.00 Mn
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 921.00 Mn
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn -65.00 Mn
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 241.00 Mn
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 15.60 Mn
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn -28.10 Mn
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 46.14 Mn
9 Baldwin Insurance 2.43 Bn 2.87 Bn - -18.74 Mn
10 Goosehead Insurance 1.31 Bn 1.20 Bn - 10.12 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 -29.97 Mn
Dec 31, 2023 -29.97 Mn