Baldwin Insurance Q4 revenue misses estimates

Baldwin Insurance,

26/02/2026 21:44

Overview

Insurance distributor's Q4 revenue rose 5% yr/yr but missed analyst expectations

Adjusted EPS for Q4 grew 15% yr/yr, beating analyst expectations

Company announced $250 mln share repurchase program

Outlook

Company did not provide specific financial guidance for 2026

Result Drivers

ORGANIC GROWTH - Baldwin achieved a 3% organic revenue growth in Q4, reflecting continued expansion in its core operations

MARGIN EXPANSION - Adjusted EBITDA margin increased by 100 basis points to 20.1% in Q4, driven by operational efficiencies

Company press release: ID:nBw42t7Nqa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$347.28 mln
$352.28 mln (7 Analysts)
Q4 Adjusted EPS
Beat
$0.31
$0.29 (10 Analysts)
Q4 EPS
-$0.37
Q4 Adjusted Net Income
Beat
$36.3 mln
$34.70 mln (6 Analysts)
Q4 Net Income
-$43.67 mln
Q4 Adjusted EBITDA
Slight Beat*
$69.6 mln
$69.46 mln (7 Analysts)
Q4 Adjusted EBITDA Margin
20.1%
Q4 Operating income
-$13.24 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the multiline insurance & brokers peer group is "buy"

Wall Street's median 12-month price target for Baldwin Insurance Group Inc is $35.50, about 109.6% above its February 25 closing price of $16.94

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)