Baldwin Insurance (BWIN) Tax Rate (2019 - 2026)

Baldwin Insurance (BWIN) reported Tax Rate of 98.71% for Q1 2026, up 4120.15% quarter-over-quarter from 2.46% 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 98.71% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 98.71%, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was 63.85% (up 6581.0% YoY), and the FY2025 annual result was 3.3%, up 110.0% from the prior year.
  • Tax Rate grew to 98.71% in Q1 2026 per BWIN's latest filing, from 2.46% in the prior quarter.
  • Over five years, Tax Rate peaked at 98.71% in Q1 2026 and troughed at 15.37% in Q2 2025.
  • A 5-year average of 6.81% and a median of 0.61% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate surged 198 bps in 2024, then plunged 1032 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 0.79% in 2022, then grew by 22 bps to 0.61% in 2023, then soared by 294 bps to 1.19% in 2024, then slumped by 306 bps to 2.46% in 2025, then soared by 4120 bps to 98.71% in 2026.
  • Business Quant data shows BWIN's Tax Rate at 98.71% in Q1 2026, 2.46% 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 79.42 Bn 67.92 Bn 5.88 Bn 24.98%
2 Aon 69.98 Bn 68.59 Bn - 20.22%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 21.09%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 18.62%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 19.89%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 27.06%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 25.00%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 305.00%
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 98.71%

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%