Baldwin Insurance (BWIN) Tax Rate (2019 - 2026)
Baldwin Insurance's (BWIN) quarterly Tax Rate came in at 98.69% in Q1 2026, up 4129.87% on a QoQ basis from 2.45% in Q4 2025.
Baldwin Insurance (BWIN) Tax Rate (2019 - 2026) Analysis & Trends
Baldwin Insurance (BWIN) has 8 years of Tax Rate data on file, last reported at 98.69% in Q1 2026.
- On a quarterly basis, Tax Rate changed N/A year-over-year to 98.69% in Q1 2026; TTM through Mar 2026 was 63.78%, a 6574.0% increase from a year earlier, with the FY2025 full-year figure at 3.3%, up 110.0% from the prior year.
- Tax Rate for Q1 2026 stood at 98.69%, up from 2.45% in the prior quarter.
- Over the last five years, Tax Rate for BWIN reached as high as 98.69% in Q1 2026 and fell as low as 15.37% in Q2 2025.
- Historically, Tax Rate has averaged 6.81% across 5 years, with a median of 0.61% in 2023.
- Across the five-year window, Tax Rate soared 198 bps in 2024 and slumped 1032 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 0.79% in 2022, then gained by 22 bps to 0.61% in 2023, then soared by 294 bps to 1.19% in 2024, then sank by 306 bps to 2.45% in 2025, then soared by 4130 bps to 98.69% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 98.69% in Q1 2026, 2.45% in Q4 2025, and 15.37% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 24.15% |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 20.22% |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | 21.09% |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 18.62% |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 19.89% |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 27.06% |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 305.00% |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 25.00% |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | 98.69% |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | 19.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.69% |
| Mar 31, 2026 | 98.69% |
| Mar 31, 2026 | 98.69% |
| Dec 31, 2025 | -2.45% |
| Dec 31, 2025 | -2.45% |
| Dec 31, 2025 | -2.45% |
| Jun 30, 2025 | -15.37% |
| Jun 30, 2025 | -15.37% |
| Jun 30, 2025 | -15.37% |
| Dec 31, 2024 | 1.19% |
| Dec 31, 2024 | 1.19% |
| Dec 31, 2024 | 1.19% |
| Jun 30, 2024 | -5.05% |
| Jun 30, 2024 | -5.05% |
| Jun 30, 2024 | -5.05% |
| Mar 31, 2024 | 1.68% |
| Mar 31, 2024 | 1.68% |
| Mar 31, 2024 | 1.68% |
| Dec 31, 2023 | -0.61% |
| Dec 31, 2023 | -0.61% |