Baldwin Insurance BWIN
NASDAQ BWIN
$31.45 +0.30 (+0.96%)
At close: Aug 20, 2026 · 4:00 PM EDT

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

Baldwin Insurance (BWIN) posted quarterly Net Margin of 11.49% for Q2 2026, down 1013.0% year-over-year from 1.26% in Q2 2025, and down 2440.95% quarter-over-quarter from 0.45% in Q1 2026.

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

Baldwin Insurance (BWIN) has reported Net Margin for 8 consecutive years, with 11.49% the latest figure, recorded in Q2 2026.

  • In Q2 2026, Net Margin fell 1013.0% year-over-year to 11.49%; the TTM figure through Jun 2026 stood at 7.67% (down 565.0% YoY), while the FY2025 annual figure was 3.62%, down 67.0% from the prior year.
  • Net Margin retreated to 11.49% in Q2 2026 per BWIN's latest filing, from 0.45% in the prior quarter.
  • Across five years, Net Margin topped out at 14946.33% in Q1 2022 and bottomed at 9341.4% in Q3 2022.
  • Historically, Net Margin has averaged 535.95% across 5 years, with a median of 8.69% in 2025.
  • Annual changes were most pronounced in 2022 — Net Margin soared 1096192 bps — and 2023, when it slumped 1495416 bps.
  • Baldwin Insurance's Net Margin stood at 9.34% in 2022, then tumbled by 135 bps to 21.96% in 2023, then jumped by 52 bps to 10.56% in 2024, then declined by 20 bps to 12.65% in 2025, then advanced by 9 bps to 11.49% in 2026.
  • Business Quant data shows BWIN's Net Margin at 11.49% in Q2 2026, 0.45% in Q1 2026, and 12.65% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 XChange TEC.INC 279.91 Bn 279.90 Bn - -
2 Marsh & Mclennan Companies 91.40 Bn 79.19 Bn 6.04 Bn 17.44%
3 Aon 75.07 Bn 73.80 Bn - 13.31%
4 Arthur J. Gallagher 66.45 Bn 65.07 Bn - 8.09%
5 Willis Towers Watson 32.02 Bn 30.36 Bn 2.09 Bn 9.53%
6 Brown & Brown 23.72 Bn 22.80 Bn 1.41 Bn 17.24%
7 Erie Indemnity 12.11 Bn 11.77 Bn - 16.54%
8 Neptune Insurance Holdings 4.50 Bn 4.48 Bn - 28.27%
9 Accelerant Holdings 4.28 Bn 2.62 Bn 285.20 Mn 22.05%
10 Baldwin Insurance 2.90 Bn 2.72 Bn - -11.49%

Historic Data

Download Data
DateValue
Jun 30, 2026 -11.49%
Mar 31, 2026 -56.82%
Dec 31, 2025 -2.94%
Sep 30, 2025 -8.38%
Jun 30, 2025 -1.37%
Mar 31, 2025 866.32%
Dec 31, 2024 -10.96%
Sep 30, 2024 -4.32%
Jun 30, 2024 -9.08%
Mar 31, 2024 10.28%
Dec 31, 2023 -5.15%
Sep 30, 2023 -1,570.46%
Jun 30, 2023 -14.77%
Mar 31, 2023 -7.82%
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 6,340.71%
Sep 30, 2021 -8,200.33%