Twfg (TWFG) Operating Margin (2023 - 2026)
Twfg (TWFG) reported Operating Margin of 16.96% for Q1 2026, up 631.0% year-over-year from 2.32% in Q1 2025, and down 19.82% on a QoQ basis from 21.15% in Q4 2025.
Twfg (TWFG) has 4 years of Operating Margin data on file, last reported at 16.96% in Q1 2026.
- Quarterly Operating Margin rose 631.0% year-over-year to 16.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.3% (up 384.0% YoY) and the FY2025 annual result came in at 14.88%, up 118.0% from the prior year.
- Operating Margin eased to 16.96% in Q1 2026 per TWFG's latest filing, from 21.15% in the prior quarter.
- Across five years, Operating Margin topped out at 21.15% in Q4 2025 and bottomed at 10.65% in Q1 2025.
- The 4-year median for Operating Margin is 14.14% (2024), against an average of 14.57%.
- The widest annual swing landed in 2024, when Operating Margin sank 527 bps; it then surged 736 bps in 2025.
- Tracing TWFG's Operating Margin over 4 years: stood at 12.23% in 2023, then increased by 13 bps to 13.79% in 2024, then surged by 53 bps to 21.15% in 2025, then retreated by 20 bps to 16.96% in 2026.
- Per Business Quant, the three latest TWFG Operating Margin figures stand at 16.96% (Q1 2026), 21.15% (Q4 2025), and 14.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 34.07% |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 18.96% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 83.90% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 9.32% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 13.68% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -19.15% |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 16.11% |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 16.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.96% |
| Dec 31, 2025 | 21.15% |
| Sep 30, 2025 | 14.09% |
| Jun 30, 2025 | 12.21% |
| Mar 31, 2025 | 10.65% |
| Dec 31, 2024 | 13.79% |
| Sep 30, 2024 | 11.29% |
| Jun 30, 2024 | 14.19% |
| Mar 31, 2024 | 15.83% |
| Dec 31, 2023 | 12.23% |
| Sep 30, 2023 | 16.56% |
| Jun 30, 2023 | 15.96% |