Market cap
$3,092 Mln
Revenue (TTM)
$1,738 Mln
P/E Ratio
--
P/B Ratio
3.5
Div. Yield
0 %
Key Ratios and Highlights
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 3.39 | 2.54 | -7.30 | 4.59 | 4.05 |
| Net Margin
| -- | -- | -4.67 | -- | -- |
| Return on equity
| -8.48 | -7.72 | -4.14 | -5.71 | -4.29 |
| Return on Capital
| -2.27 | -2.32 | -- | -1.47 | -1.11 |
| Return on Assets
| -1.40 | -1.38 | -1.29 | -0.91 | -0.70 |
| Debt to Equity (x)
| -- | -- | 2.77 | 2.95 | 2.81 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
-1.47
|
-1.11
|
-4.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-4.14
Lower than Peers by 15.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
-4.14
|
-4.14
|
-5.71
|
-4.29
|
-15.43
|
|
Peer Median
|
11.18
|
--
|
--
|
--
|
--
|
ROA
-1.29
Lower than Peers by 1.91
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
-1.29
|
-1.29
|
-0.91
|
-0.70
|
-2.59
|
|
Peer Median
|
0.62
|
--
|
--
|
--
|
--
|
EBIT Margin
-7.30
Lower than Peers by 17.94
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
-7.30
|
-7.30
|
4.59
|
4.05
|
1.53
|
|
Peer Median
|
10.64
|
--
|
--
|
--
|
--
|
Net Margin
-4.67
Lower than Peers by 11.48
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
-4.67
|
-4.67
|
-2.25
|
-1.78
|
-7.46
|
|
Peer Median
|
6.80
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
20.49
Higher than Peers by 12.79
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
20.49
|
20.49
|
0.09
|
0.14
|
0.25
|
|
Peer Median
|
7.70
|
--
|
--
|
--
|
--
|
EBIT Growth
-265.13
Lower than Peers by 276.55
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
-265.13
|
-265.13
|
23.89
|
200.56
|
1,432.84
|
|
Peer Median
|
11.42
|
--
|
--
|
--
|
--
|
Net Profit Growth
94.15
Higher than Peers by 78.08
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
94.15
|
-414.08
|
-37.91
|
72.80
|
-115.79
|
|
Peer Median
|
16.07
|
--
|
--
|
--
|
--
|
EPS Growth
-309.87
Lower than Peers by 328.68
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
-309.87
|
-309.87
|
-0.29
|
0.74
|
-1.05
|
|
Peer Median
|
18.81
|
--
|
--
|
--
|
--
|
Book Value Growth
38.09
Higher than Peers by 24.03
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
38.09
|
38.09
|
--
|
--
|
--
|
|
Peer Median
|
14.06
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
2.77
Higher than Peers by 2.22
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
2.77
|
2.77
|
2.95
|
2.81
|
2.91
|
|
Peer Median
|
0.55
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.18
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
0.18
|
0.18
|
0.07
|
0.30
|
0.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.07
Lower than Peers by 1.74
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
1.07
|
1.07
|
1.16
|
0.97
|
0.90
|
|
Peer Median
|
2.81
|
--
|
--
|
--
|
--
|
Quick Ratio
1.07
Lower than Peers by 4.33
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
1.07
|
1.07
|
--
|
--
|
4.21
|
|
Peer Median
|
5.40
|
--
|
--
|
--
|
--
|
Interest Coverage
-0.91
Lower than Peers by 6.57
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
-0.91
|
-0.91
|
0.57
|
--
|
0.16
|
|
Peer Median
|
5.66
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
69.96
Higher than Peers by 21.26
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
69.96
|
69.96
|
55.76
|
51.02
|
51.98
|
|
Peer Median
|
48.71
|
--
|
--
|
--
|
--
|
Asset Turnover
0.27
Higher than Peers by 0.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
0.27
|
0.27
|
0.41
|
0.39
|
0.35
|
|
Peer Median
|
0.12
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
187.04
|
176.47
|
175.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
--
|
-1,212.61
|
-1,378.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
206.65
|
236.10
|
229.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
--
|
-1,272.24
|
-1,432.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
-49.07
|
-102.44
|
-16.30
|
|
Peer Median
|
19.16
|
--
|
--
|
--
|
--
|
Price / Book Value
3.50
Higher than Peers by 1.57
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
3.50
|
3.50
|
2.76
|
4.31
|
2.62
|
|
Peer Median
|
1.93
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.24
|
--
|
--
|
--
|
--
|
EV/EBITDA
84.28
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
84.28
|
84.28
|
16.80
|
24.32
|
25.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
3,092
Higher than Peers by 1,700
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Baldwin Insurance Group
|
3,092
|
3,092
|
--
|
--
|
--
|
|
Peer Median
|
1,392
|
--
|
--
|
--
|
--
|