Baldwin Insurance (BWIN) Tax Rate (2019 - 2026)
Baldwin Insurance (BWIN) reported Tax Rate of 98.71% for Q1 2026, up 4120.15% on a QoQ basis from 2.46% in Q4 2025.
Baldwin Insurance (BWIN) has 8 years of Tax Rate data on file, last reported at 98.71% in Q1 2026.
- Quarterly Tax Rate changed N/A year-over-year to 98.71% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 63.85% (up 6581.0% YoY) and the FY2025 annual result came in at 3.3%, up 110.0% from the prior year.
- Tax Rate advanced to 98.71% in Q1 2026 per BWIN's latest filing, from 2.46% in the prior quarter.
- Across five years, Tax Rate topped out at 98.71% in Q1 2026 and bottomed at 15.37% in Q2 2025.
- The 5-year median for Tax Rate is 0.61% (2023), against an average of 6.81%.
- The widest annual swing landed in 2024, when Tax Rate soared 198 bps; it then slumped 1032 bps in 2025.
- Tracing BWIN's Tax Rate over 5 years: stood at 0.79% in 2022, then advanced by 22 bps to 0.61% in 2023, then jumped by 294 bps to 1.19% in 2024, then plunged by 306 bps to 2.46% in 2025, then jumped by 4120 bps to 98.71% in 2026.
- Per Business Quant, the three latest BWIN Tax Rate figures stand at 98.71% (Q1 2026), 2.46% (Q4 2025), and 15.37% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 20.22 |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 21.09 |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 18.62 |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 19.89 |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 305.00 |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 25.00 |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 98.71 |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 17.36 |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 7.97 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.71 |
| Mar 31, 2026 | 98.71 |
| Dec 31, 2025 | -2.46 |
| Dec 31, 2025 | -2.46 |
| Jun 30, 2025 | -15.37 |
| Jun 30, 2025 | -15.37 |
| Dec 31, 2024 | 1.19 |
| Dec 31, 2024 | 1.19 |
| Jun 30, 2024 | -5.05 |
| Jun 30, 2024 | -5.05 |
| Mar 31, 2024 | 1.68 |
| Mar 31, 2024 | 1.68 |
| Dec 31, 2023 | -0.61 |
| Dec 31, 2023 | -0.61 |
| Sep 30, 2023 | -0.51 |
| Sep 30, 2023 | -0.51 |
| Jun 30, 2023 | -1.55 |
| Jun 30, 2023 | -1.55 |
| Mar 31, 2023 | -0.30 |
| Mar 31, 2023 | -0.30 |
| Dec 31, 2022 | -0.79 |
| Dec 31, 2022 | -0.79 |
| Dec 31, 2021 | -0.04 |
| Dec 31, 2021 | -0.04 |
| Dec 31, 2020 | 0.09 |
| Dec 31, 2020 | 0.09 |
| Mar 31, 2020 | 0.25 |
| Mar 31, 2020 | 0.25 |
| Dec 31, 2019 | -0.06 |
| Dec 31, 2019 | -0.06 |