BWIN Q4 2023 Earnings — The Baldwin Insurance Group, Inc. Revenue & Financial Results | Market Cap Arena

BWINThe Baldwin Insurance Group, Inc.

$1B

Q4 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$286M+15.8% YoY

Gross Profit

$51M18.0% margin

Operating Income

-$30M-10.4% margin

Net Income

-$34M-12.0% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$15M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.5B

Stockholders' Equity

$560M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$286M	$247M	+15.8%
Gross Profit	$51M	$50M	+2.5%
Operating Income	-$30M	-$66M	+55.2%
Net Income	-$34M	-$48M	+28.9%