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The Baldwin Insurance GroupBWIN +2.62%83 Debt-to-Equity is 3.04 as of Jun. 2026, which is 33% above its 10-year median of 2.29. GuruFocus rates BWIN with a GF Score™ of 83/100 and a GF Value™ of $29.37 (Fairly Valued). The stock has 7 warning signs investors should review. Among 405 Insurance companies, The Baldwin Insurance Group ranks worse than 98.52% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for The Baldwin Insurance Group's Debt-to-Equity or its related term are showing as below:
BWIN'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.33 Med: 2.29 Max: 3.04
Current: 3.04
During the past 9 years, the highest Debt-to-Equity Ratio of The Baldwin Insurance Group was 3.04. The lowest was -1.33. And the median was 2.29.
BWIN's Debt-to-Equity is ranked worse than 98.52% of 405
companies
in the Insurance industry
Industry Median: 0.2
vs BWIN: 3.04
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
The Baldwin Insurance Group Debt-to-Equity Related Terms
The Baldwin Insurance Group Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BWIN vs CRVL, ARX, GSHD: Debt-to-Equity Comparison
For the Insurance Brokers subindustry, The Baldwin Insurance Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Baldwin Insurance Group Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, The Baldwin Insurance Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where The Baldwin Insurance Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Baldwin Insurance Group (BWIN) has a Debt-to-Equity of 3.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Baldwin Insurance Group and its competitors. This is 33% above median its historical median of 2.29. According to the industry distribution chart, The Baldwin Insurance Group ranks #399 out of 405 companies in the Insurance industry, placing it in the top 98.5%.
Is The Baldwin Insurance Group's Debt-to-Equity too high?
The Baldwin Insurance Group's current Debt-to-Equity of 3.04 is 33% above median its 10-year median of 2.29. The Insurance industry median Debt-to-Equity is 0.20. The Baldwin Insurance Group's value of 3.04 is 1420% above this industry median. Based on the distribution chart, The Baldwin Insurance Group ranks #399 out of 405 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, The Baldwin Insurance Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Baldwin Insurance Group's Debt-to-Equity compare to CRVL and ARX?
According to the Insurance industry distribution chart, The Baldwin Insurance Group ranks #399 out of 405 companies for Debt-to-Equity. This places The Baldwin Insurance Group in the lower half of its industry. The industry median Debt-to-Equity is 0.20. The Baldwin Insurance Group's value of 3.04 is 1420% above this benchmark. While the company's 10-year median is 2.29 vs. the industry median of 0.20, The Baldwin Insurance Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.20, based on 405 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Baldwin Insurance Group's current Debt-to-Equity of 3.04 is 1420% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Baldwin Insurance Group and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Baldwin Insurance Group's current Debt-to-Equity is 3.04, which is 33% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Baldwin Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, The Baldwin Insurance Group (BWIN) is currently considered Fairly Valued. The stock's GF Value™ is $29.37, compared to a current price of $29.35 — trading 0.1% below its estimated fair value. The current Debt-to-Equity is 3.04, which is 33% above median its 10-year median of 2.29 and 1420% above the Insurance industry median of 0.20. The Baldwin Insurance Group's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For The Baldwin Insurance Group (BWIN), the current Debt-to-Equity is 3.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The Baldwin Insurance Group (BWIN) Overvalued in 2026?
Based on GuruFocus' analysis, The Baldwin Insurance Group stock appears to be undervalued.
The current stock price of $29.35 is trading 0.1% below its estimated GF Value™ of $29.37.
GuruFocus considers The Baldwin Insurance Group to be Fairly Valued.
Key valuation signals for BWIN:
Debt-to-Equity: 3.04 (33% above median its 10-year median of 2.29)
GF Value™: $29.37 vs. price of $29.35 (0.1% below fair value)
Industry Position: 1420% above the Insurance median (#399 of 405)
No single metric tells the full story. See the BWIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Baldwin Insurance Group Inc is an insurance distribution company operating in the United States. The company provides commercial risk management, employee benefits, private risk management, and personal insurance solutions. It operates through three segments: Insurance Advisory Solutions, which focuses on commercial risk management and employee benefits; Underwriting, Capacity & Technology Solutions, which includes managing general agency operations, reinsurance brokerage, captive management, and technology-enabled insurance products; and Mainstreet Insurance Solutions, which offers personal, commercial, and life and health insurance products through community-based distribution channels.
83GF Score
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