Growth Metrics

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 🔒
DateValue
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