The Baldwin Insurance Group, Inc. (BWIN) - Net Assets
Based on the latest financial reports, The Baldwin Insurance Group, Inc. (BWIN) has net assets worth $1.08 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.86 Billion) and total liabilities ($2.78 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check The Baldwin Insurance Group, Inc. (BWIN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.08 Billion |
| % of Total Assets | 28.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | -8.69% |
| 10-Year Change | N/A |
| Growth Volatility | 82.99 |
The Baldwin Insurance Group, Inc. - Net Assets Trend (2017–2025)
This chart illustrates how The Baldwin Insurance Group, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore The Baldwin Insurance Group, Inc. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for The Baldwin Insurance Group, Inc. (2017–2025)
The table below shows the annual net assets of The Baldwin Insurance Group, Inc. from 2017 to 2025. For live valuation and market cap data, see The Baldwin Insurance Group, Inc. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.08 Billion | +7.49% |
| 2024-12-31 | $1.01 Billion | -0.99% |
| 2023-12-31 | $1.02 Billion | -10.63% |
| 2022-12-31 | $1.14 Billion | -4.00% |
| 2021-12-31 | $1.19 Billion | +54.23% |
| 2020-12-31 | $769.97 Million | +224.51% |
| 2019-12-31 | $237.27 Million | +188.00% |
| 2018-12-31 | $-269.62 Million | -180.12% |
| 2017-12-31 | $-96.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Baldwin Insurance Group, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 22727394600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $723.00K | 0.12% |
| Other Comprehensive Income | $492.00K | 0.08% |
| Other Components | $844.24 Million | 140.66% |
| Total Equity | $600.22 Million | 100.00% |
The Baldwin Insurance Group, Inc. Competitors by Market Cap
The table below lists competitors of The Baldwin Insurance Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Natco Pharma Limited
NSE:NATCOPHARM
|
$2.12 Billion |
|
Theon International Plc
AS:THEON
|
$2.12 Billion |
|
Avadel Pharmaceuticals PLC
NASDAQ:AVDL
|
$2.12 Billion |
|
Chongqing Fuling Zhacai Group Co Ltd
SHE:002507
|
$2.12 Billion |
|
Freehold Royalties Ltd.
TO:FRU
|
$2.12 Billion |
|
IJM Corporation Bhd
KLSE:3336
|
$2.12 Billion |
|
Wuxi Best Precision Machinery Co Ltd
SHE:300580
|
$2.12 Billion |
|
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd
SHE:300139
|
$2.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Baldwin Insurance Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 583,216,000 to 600,215,000, a change of 16,999,000 (2.9%).
- Net loss of 33,813,000 reduced equity.
- Other comprehensive income increased equity by 492,000.
- Other factors increased equity by 50,320,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.81 Million | -5.63% |
| Other Comprehensive Income | $492.00K | +0.08% |
| Other Changes | $50.32 Million | +8.38% |
| Total Change | $- | 2.91% |
Book Value vs Market Value Analysis
This analysis compares The Baldwin Insurance Group, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.32x to 2.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $9.49 | $22.03 | x |
| 2018-12-31 | $29.52 | $22.03 | x |
| 2019-12-31 | $4.09 | $22.03 | x |
| 2020-12-31 | $13.53 | $22.03 | x |
| 2021-12-31 | $12.78 | $22.03 | x |
| 2022-12-31 | $10.70 | $22.03 | x |
| 2023-12-31 | $9.32 | $22.03 | x |
| 2024-12-31 | $9.19 | $22.03 | x |
| 2025-12-31 | $8.83 | $22.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Baldwin Insurance Group, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.25%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 6.43x
- Recent ROE (-5.63%) is below the historical average (-5.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 3.79% | 3.60% | 90.17x | 0.01x | $-2.79 Million |
| 2018 | -0.45% | -0.79% | 149.61x | 0.00x | $-14.62 Million |
| 2019 | -11.80% | -6.41% | 0.34x | 5.44x | $-15.98 Million |
| 2020 | -4.27% | -6.77% | 0.15x | 4.16x | $-52.47 Million |
| 2021 | -5.04% | -5.47% | 0.19x | 4.73x | $-91.48 Million |
| 2022 | -6.87% | -4.31% | 0.28x | 5.69x | $-102.58 Million |
| 2023 | -16.08% | -7.46% | 0.34x | 6.25x | $-146.18 Million |
| 2024 | -4.20% | -1.78% | 0.39x | 6.06x | $-82.84 Million |
| 2025 | -5.63% | -2.25% | 0.39x | 6.43x | $-93.83 Million |
Industry Comparison
This section compares The Baldwin Insurance Group, Inc.'s net assets metrics with peer companies in the Insurance Brokers industry.
Industry Context
- Industry: Insurance Brokers
- Average net assets among peers: $584,393,000
- Average return on equity (ROE) among peers: 12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Baldwin Insurance Group, Inc. (BWIN) | $1.08 Billion | 3.79% | 2.56x | $2.12 Billion |
| Fanhua Inc. (AIFU) | $1.95 Billion | 13.72% | 0.58x | $162.32 Million |
| Arthur J Gallagher & Co (AJG) | $81.90 Million | 21.61% | 2.90x | $52.50 Billion |
| Aon PLC (AON) | $2.29 Billion | 14.15% | 6.12x | $66.82 Billion |
| Accelerant Holdings (ARX) | $350.00 Million | -26.20% | 5.28x | $1.50 Billion |
| Brown & Brown Inc (BRO) | $13.40 Million | 34.33% | 4.85x | $19.62 Billion |
| Crawford & Company (CRD-A) | $215.69 Million | 6.96% | 3.14x | $310.54 Million |
| Crawford & Company (CRD-B) | $139.83 Million | 21.89% | 4.72x | $182.26 Million |
| CorVel Corp (CRVL) | $138.65 Million | 21.26% | 0.70x | $2.36 Billion |
| eHealth Inc (EHTH) | $77.60 Million | 0.39% | 0.40x | $41.02 Million |
About The Baldwin Insurance Group, Inc.
The Baldwin Insurance Group, Inc. operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. The company operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. Its Insurance Advisory Solutions segment provides private risk management, c… Read more