The Baldwin Insurance Group, Inc. (BWIN) is a publicly traded company in the Financial Services — Insurance - Brokers industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Operating across the United States, The Baldwin Insurance Group, Inc. is an independent firm dedicated to providing insurance and comprehensive risk management services. The company's activities are organized into three primary segments: 1. Insurance Advisory Solutions: This division offers tailored commercial risk management, employee benefits programs, and private risk management solutions, catering to businesses, affluent individuals, and their families. 2.
Is The Baldwin Insurance Group, Inc. stock overvalued or undervalued in 2026?
As of October 30, 2026, The Baldwin Insurance Group, Inc. (BWIN) trades at $31.93 with no positive earnings over the last twelve months, according to Kaplio. At Kaplio's cap P/B for its ROE del −10.6 % (0.9×) $12 (-64 %); at its peers' median (3.9×) $50 (+56 %).
Kaplio overview: The Baldwin Insurance Group, Inc.
Market cap $3B · 52 weeks $16 – $32 (2 % below the high) · P/E no earnings · 2027 est. P/E 12.9× · Dividend none · Next earnings November 3, 2026 · expected EPS $0.43 · Closing price, Oct 30 · accounts published Jul 30.
- Valuation: P/B 2.5× (expensive).
- Business: 5-year op. margin −0.1 % (weak).
- Balance sheet: Debt/Equity 3.04 (fragile).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
At Kaplio's cap P/B for its ROE del −10.6 % (0.9×) $12 (-64 %); at its peers' median (3.9×) $50 (+56 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in insurance: 0 of 4 pass
- Op Margin 5y (Combined Ratio proxy) −0.1 %, fails.
- Book Value / Share growth −10.8 %, fails.
- Debt / Equity 3.04, fails.
- P/B (Price / Book) 2.5×, fails.
- Dividend growth streak n/a: it pays no dividend, info.
Against its peers (reference peers) — The Baldwin Insurance Group, Inc.: P/E —; P/B 2.5×; ROE -10.6 %; $2.6B. Brown & Brown, Inc. (P/E 20.7×; P/B 1.8×; ROE 9.7 %; $23.3B), Willis Towers Watson Public Limited Company (P/E 19.8×; P/B 3.9×; ROE 19.9 %; $29.9B), Marsh & McLennan Companies, Inc. (P/E 24.0×; P/B 6.5×; ROE 27.1 %; $95.7B).
Expensive or cheap against its last ten fiscal years?
P/B at each close: today 2.5× · median 2.3× · minimum 1.0× · maximum 3.2× · cheap below 1.9× · expensive above 2.6×. It has been cheaper than today 76% of the time over its last ten fiscal years.
Profitability
| Return on Equity | -10.59% |
| Return on Invested Capital | -0.96% |
| Return on Assets | -1.32% |
| Gross Margin | 9.58% |
| Operating Margin | -5.33% |
| Net Margin | -4.67% |
Financial Health
| Debt / Equity | 3.04 |
| Current Ratio | 1.07 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 0.80 |
Price Performance
| 1 month | +0.50% |
| 3 months | +10.64% |
| Year-to-date | +32.88% |
| 1 year | +44.48% |
Related companies: WTW · MRSH · BRO · CBZ
Explore sector: Financial Services · Insurance - Brokers
More sections of BWIN: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks