Baldwin Insurance BWIN
NASDAQ BWIN
$28.23 -1.48 (-4.98%)
As of: Sep 9, 2026 · 3:59 PM EDT

Baldwin Insurance (BWIN) Share-based Compensation (2018 - 2026)

Baldwin Insurance's (BWIN) quarterly Share-based Compensation came in at $20.7 million in Q2 2026, up 22.12% year-over-year from $17.0 million in Q2 2025, and up 61.5% quarter-over-quarter from $12.8 million in Q1 2026.

Analysis

Baldwin Insurance (BWIN) Share-based Compensation (2018 - 2026) Analysis & Trends

Baldwin Insurance (BWIN) has reported Share-based Compensation for 9 consecutive years, with $20.7 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Share-based Compensation rose 22.12% year-over-year to $20.7 million in Q2 2026; TTM through Jun 2026 was $74.9 million, a 12.69% increase from a year earlier, with the FY2025 full-year figure at $71.1 million, up 8.56% from the prior year.
  • Share-based Compensation was $20.7 million for Q2 2026 at Baldwin Insurance, up from $12.8 million in the prior quarter.
  • Over five years, Share-based Compensation peaked at $22.0 million in Q3 2025 and troughed at $7.6 million in Q1 2022.
  • A 5-year average of $15.4 million and a median of $14.7 million in 2023 frame the typical range for Share-based Compensation.
  • The widest YoY moves for Share-based Compensation: up 122.51% in 2022, down 71.2% in 2022.
  • Over 5 years, Share-based Compensation stood at $21.3 million in 2022, then sank by 37.3% to $13.4 million in 2023, then soared by 40.15% to $18.7 million in 2024, then advanced by 3.21% to $19.3 million in 2025, then climbed by 7.03% to $20.7 million in 2026.
  • The last three Share-based Compensation figures came in at $20.7 million (Q2 2026), $12.8 million (Q1 2026), and $19.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Marsh & Mclennan Companies 85.01 Bn 72.80 Bn 6.04 Bn 96.00 Mn
2 Aon 65.00 Bn 63.73 Bn - 111.00 Mn
3 Arthur J. Gallagher 62.74 Bn 61.35 Bn - 125.00 Mn
4 Willis Towers Watson 29.53 Bn 27.87 Bn 2.09 Bn 67.00 Mn
5 Brown & Brown 22.19 Bn 21.27 Bn 1.41 Bn 86.00 Mn
6 XChange TEC.INC 17.23 Bn 17.23 Bn - -
7 Erie Indemnity 11.26 Bn 10.91 Bn - 2.26 Mn
8 Ryan Specialty Holdings 4.93 Bn 4.79 Bn - 57.26 Mn
9 Neptune Insurance Holdings 4.36 Bn 4.34 Bn - 6.95 Mn
10 Baldwin Insurance 2.60 Bn 2.42 Bn - 20.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.70 Mn
Mar 31, 2026 12.82 Mn
Dec 31, 2025 19.34 Mn
Sep 30, 2025 22.02 Mn
Jun 30, 2025 16.95 Mn
Mar 31, 2025 12.80 Mn
Dec 31, 2024 18.74 Mn
Sep 30, 2024 17.95 Mn
Jun 30, 2024 14.72 Mn
Mar 31, 2024 14.09 Mn
Dec 31, 2023 13.37 Mn
Sep 30, 2023 14.60 Mn
Jun 30, 2023 18.76 Mn
Mar 31, 2023 13.28 Mn
Dec 31, 2022 21.32 Mn
Sep 30, 2022 8.39 Mn
Jun 30, 2022 10.11 Mn
Mar 31, 2022 7.56 Mn
Dec 31, 2021 74.03 Mn
Sep 30, 2021 4.41 Mn