The Baldwin Insurance Group, Inc. (BWIN)
NASDAQ: BWIN · Real-Time Price · USD
30.68
+0.52 (1.72%)
Aug 28, 2026, 4:00 PM EDT - Market closed
BWIN Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -81.24 | -33.81 | -24.52 | -90.14 | -41.77 | -30.65 |
Depreciation & Amortization | 188.59 | 127.83 | 108.92 | 98.4 | 86.36 | 51.51 |
Other Amortization | 11.48 | 5.69 | 5.84 | 5.13 | 5.12 | 3.51 |
Loss (Gain) From Sale of Assets | - | -0.29 | -38.95 | - | - | - |
Asset Writedown & Restructuring Costs | - | - | - | - | 0.14 | 0.31 |
Loss (Gain) From Sale of Investments | - | - | - | - | -26.22 | 0.12 |
Stock-Based Compensation | 74.88 | 71.11 | 65.5 | 60.01 | 47.39 | 19.19 |
Other Operating Activities | -63.03 | -101.11 | -42.96 | -35.09 | -52.6 | 12.9 |
Change in Accounts Receivable | -37.3 | -45.06 | -42.41 | -50.3 | -183.01 | -64.5 |
Change in Accounts Payable | 4.78 | -11.22 | -0.49 | 6.09 | 173.36 | 55.19 |
Change in Other Net Operating Assets | -7.37 | -42.56 | 20.52 | 5.95 | -11.23 | -7.45 |
Operating Cash Flow | 90.77 | -29.42 | 51.45 | 0.05 | -2.46 | 40.13 |
Operating Cash Flow Growth | - | - | 111754.35% | - | - | 9.00% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -59.12 | -39.99 | -41.32 | -23.49 | -25.34 | -8.53 |
Cash Acquisitions | -546.32 | -85.51 | - | - | -387.92 | -668.03 |
Divestitures | - | 1.9 | 56.98 | 3.26 | - | - |
Investment in Securities | -9.51 | -16.68 | -3.86 | -1.69 | -1.1 | -1.91 |
Other Investing Activities | - | - | 1.5 | - | - | - |
Investing Cash Flow | -614.94 | -140.28 | 13.3 | -21.92 | -414.36 | -678.47 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,205 | 1,546 | 281 | 512 | 861.64 |
Long-Term Debt Repaid | - | -163.19 | -453.76 | -284.38 | -50.51 | -390.84 |
Net Debt Issued (Repaid) | 1,783 | 2,042 | 1,092 | -3.38 | 461.49 | 470.8 |
Issuance of Common Stock | - | - | - | - | 0.18 | 269.62 |
Repurchase of Common Stock | -126.83 | - | - | - | - | - |
Other Financing Activities | -905.06 | -1,838 | -1,071 | 21.74 | -42.12 | -16.36 |
Financing Cash Flow | 751.16 | 203.82 | 21.05 | 18.37 | 419.55 | 724.06 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 226.99 | 34.13 | 85.81 | -3.51 | 2.73 | 85.72 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 31.66 | -69.41 | 10.14 | -23.45 | -27.8 | 31.6 |
Free Cash Flow Growth | - | - | - | - | - | 7.13% |
Free Cash Flow Margin | 1.82% | -4.61% | 0.73% | -1.92% | -2.83% | 5.57% |
Free Cash Flow Per Share | 0.39 | -1.02 | 0.16 | -0.39 | -0.49 | 0.66 |
Levered Free Cash Flow | 254.5 | -20.13 | -6.31 | 262.99 | 72.64 | 55.5 |
Unlevered Free Cash Flow | 333.45 | 50.08 | 65.12 | 332.52 | 111.94 | 68.8 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 137.06 | 115.28 | 111.4 | 105.39 | 62.7 | 22.11 |
Cash Income Tax Paid | 1.12 | 1.7 | 2.75 | 1.43 | 1.42 | - |
Change in Working Capital | -39.9 | -98.84 | -22.38 | -38.26 | -20.88 | -16.76 |