Baldwin Insurance (BWIN) Net Margin (2019 - 2026)

Baldwin Insurance (BWIN) reported Net Margin of 111.39% for Q1 2026, down 11745.0% year-over-year from N/an in Q1 2025, and up 27.2% quarter-over-quarter from 153.0% in Q4 2025.

Baldwin Insurance (BWIN) Net Margin (2019 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has 8 years of Net Margin data on file, last reported at 111.39% in Q1 2026.

  • Net Margin for Q1 2026 came in at 111.39%, down 11745.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 133.69% (down 11103.0% YoY), and the FY2025 annual result was 36.01%, down 215.0% from the prior year.
  • Net Margin improved to 111.39% in Q1 2026 per BWIN's latest filing, from 153.0% in the prior quarter.
  • Over five years, Net Margin peaked at 14946.33% in Q1 2022 and troughed at 9341.4% in Q3 2022.
  • A 5-year average of 610.18% and a median of 14.69% in 2023 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2023: Net Margin soared 1096192 bps in 2022, then plunged 1495418 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 9.34% in 2022, then tumbled by 137 bps to 22.12% in 2023, then sank by 52 bps to 33.61% in 2024, then sank by 355 bps to 153.0% in 2025, then climbed by 27 bps to 111.39% in 2026.
  • Business Quant data shows BWIN's Net Margin at 111.39% in Q1 2026, 153.0% in Q4 2025, and 147.3% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 15.61%
2 Aon 69.98 Bn 68.59 Bn - 24.61%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 17.45%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 12.95%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 22.46%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 19.44%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 10.26%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -4.01%
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -111.39%

Historic Data

Download Data
DateValue
Mar 31, 2026 -111.39%
Dec 31, 2025 -153.00%
Sep 30, 2025 -147.30%
Jun 30, 2025 -200.66%
Mar 31, 2025 6.06%
Dec 31, 2024 -33.61%
Sep 30, 2024 -388.28%
Jun 30, 2024 -9.16%
Mar 31, 2024 1,721.71%
Dec 31, 2023 -22.12%
Sep 30, 2023 -10.45%
Jun 30, 2023 -14.69%
Mar 31, 2023 -7.85%
Dec 31, 2022 -9.34%
Sep 30, 2022 -9,341.40%
Jun 30, 2022 4,148.25%
Mar 31, 2022 14,946.33%
Dec 31, 2021 -7.83%
Sep 30, 2021 -8,200.33%
Jun 30, 2021 -6,813.67%