# The Baldwin Insurance Group Inc. (BWIN) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Insurance. Price $31.99, market value $4.5 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). The Baldwin Insurance Group Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 2.6×**. Each dollar of revenue is priced at 2.6×.
- **Price / book: 3.5×**. The shares trade at 3.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 63.6×**. Enterprise value is 63.6× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.0%** (5-yr avg -1.0%). Free cash flow equals 1.0% of the market value, above its five-year average of -1.0%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Operating margin: -6.9%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -2.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -5.6%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -19.3%**. Return on all capital, debt included, is -19.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.1%**. Each dollar of assets produces -2.1% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 8.5%** (3-yr 15.1%/yr). Revenue grew 8.5% over the last year.
- **EPS growth (1 yr): -28.2%**. Earnings per share fell 28.2%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $124 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. The Baldwin Insurance Group Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (6 analysts). 6 analysts cover The Baldwin Insurance Group Inc.; the consensus is hold, with an average price target of $32.42 (+1% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 42.7%** (YTD 33.1%, 3-mo 10.8%). The shares are up 42.7% over twelve months including dividends.
- **From 52-week high: -2.2%** (101.4% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.01** (volatility 60%). Beta of 0.01 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BWIN · Page: https://foliofundamentals.com/stocks/bwin

Not investment advice.