Stock AnalizBaldwin Insurance Group, Inc. BWIN
Specialty Insurers · IPO 2019 · data as of November 13, 2026
Baldwin Insurance Group, Inc. (BWIN) is a financial company listed in the US with a market value of about $4.5B. In the twelve months to September 30, 2026 it had revenue of $1.9B and net income of -$121M, a net margin of -6.5%.
Its overall Stock Analiz score is 1.0 out of 5 (weak). The strongest part is future growth (2/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 88.8, a 5-year average ROIC of -0%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 42% below the current price.
Score: 1.0 / 5
Checks passed
- 3-year revenue growth above 10% a year
- Profit margin improving
- Positive free cash flow
- Interest covered more than 5 times
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B | $1.5B | $1.4B | $1.2B | $981M | $567M | — | — | — |
| Net income | -$121M | -$34M | -$25M | -$90M | -$42M | -$31M | -$16M | -$9M | -$624000 |
| Free cash flow | $51M | -$69M | $10M | -$21M | -$24M | $35M | $31M | $10M | $11M |
| EPS (diluted) | $-1.41 | $-0.50 | $-0.39 | $-1.50 | $-0.74 | $-0.64 | $-0.58 | — | — |
| Net margin | -6.5% | -2.2% | -1.8% | -7.4% | -4.3% | -5.4% | — | — | — |
| ROIC | — | 2.6% | 2.3% | -2.0% | -1.6% | -1.7% | -2.7% | -5.5% | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 6 analysts is $32.42, 1% above the current price; targets range from $32.00 to $32.50; the consensus rating is “Hold”; expected EPS is $1.97 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Baldwin Insurance Group stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 42% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Baldwin Insurance Group pay a dividend?
Not currently.
Is Baldwin Insurance Group a good stock to buy?
We do not give buy or sell advice. Baldwin Insurance Group scores 1.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.