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| 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% |