Growth Metrics

Baldwin Insurance (BWIN) Total Debt (2018 - 2026)

Baldwin Insurance (BWIN) reported Total Debt of $2.3 billion for Q1 2026, up 47.2% year-over-year from $1.5 billion in Q1 2025, and up 1855.87% on a QoQ basis from $116.0 million in Q4 2025.

Baldwin Insurance (BWIN) has 9 years of Total Debt data on file, last reported at $2.3 billion in Q1 2026.

  • Quarterly Total Debt rose 47.2% year-over-year to $2.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 47.2% YoY) and the FY2025 annual result came in at $116.0 million, down 18.85% from the prior year.
  • Total Debt climbed to $2.3 billion in Q1 2026 per BWIN's latest filing, from $116.0 million in the prior quarter.
  • Across five years, Total Debt topped out at $2.3 billion in Q1 2026 and bottomed at $95.9 million in Q1 2022.
  • The 5-year median for Total Debt is $563.5 million (2024), against an average of $725.6 million.
  • The widest annual swing landed in 2022, when Total Debt slumped 75.08%; it then jumped 529.39% in 2023.
  • Tracing BWIN's Total Debt over 5 years: stood at $551.7 million in 2022, then advanced by 0.8% to $556.2 million in 2023, then plunged by 74.3% to $142.9 million in 2024, then declined by 18.85% to $116.0 million in 2025, then soared by 1855.87% to $2.3 billion in 2026.
  • Per Business Quant, the three latest BWIN Total Debt figures stand at $2.3 billion (Q1 2026), $116.0 million (Q4 2025), and $1.6 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 14.66 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 12.72 Bn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 6.30 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 7.89 Bn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - 4.55 Mn
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn -
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 2.27 Bn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 317.91 Mn
10 Twfg 279.02 Mn 351.22 Mn - 3.52 Mn

Historic Data

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DateValue
Mar 31, 2026 2.27 Bn
Dec 31, 2025 116.00 Mn
Sep 30, 2025 1.58 Bn
Jun 30, 2025 118.76 Mn
Mar 31, 2025 1.54 Bn
Dec 31, 2024 142.95 Mn
Sep 30, 2024 1.60 Bn
Jun 30, 2024 203.87 Mn
Mar 31, 2024 563.53 Mn
Dec 31, 2023 556.16 Mn
Sep 30, 2023 421.62 Mn
Jun 30, 2023 586.23 Mn
Mar 31, 2023 603.57 Mn
Dec 31, 2022 551.72 Mn
Sep 30, 2022 810.97 Mn
Jun 30, 2022 568.62 Mn
Mar 31, 2022 95.90 Mn
Dec 31, 2021 849.70 Mn
Sep 30, 2021 163.98 Mn
Jun 30, 2021 478.05 Mn
Mar 31, 2021 384.83 Mn
Dec 31, 2020 387.48 Mn
Sep 30, 2020 108.07 Mn
Jun 30, 2020 230.21 Mn
Mar 31, 2020 63.15 Mn
Dec 31, 2019 40.36 Mn
Sep 30, 2019 88.43 Mn
Dec 31, 2018 34.39 Mn