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Annual data and sources

Baldwin Insurance Group, Inc. (BWIN) · Nasdaq · USD · Sector unavailable · CIK 0001781755

Annual coverage: 2018-12-31–2025-12-31 (8 periods). Financial snapshot built 2026-10-09.

BWIN annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for Baldwin Insurance Group, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-0.50-0.50-1.01UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2024
2024-12-31
-0.39-0.390.16UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2023
2023-12-31
-1.50-1.50-0.35UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2024-02-28)
2022
2022-12-31
-0.74-0.74-0.43UnavailableUnavailableBasic EPS (2025-02-25)
Diluted EPS (2025-02-25)
Operating cash flow (2025-02-25) · Capex (2024-02-28)
2021
2021-12-31
-0.64-0.640.73UnavailableUnavailableBasic EPS (2024-02-28)
Diluted EPS (2024-02-28)
Operating cash flow (2024-02-28) · Capex (2024-02-28)
2020
2020-12-31
-0.58-0.581.15UnavailableUnavailableBasic EPS (2023-02-28)
Diluted EPS (2023-02-28)
Operating cash flow (2023-02-28) · Capex (2023-02-28)
2019
2019-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2022-03-01) · Capex (2022-03-01)
2018
2018-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2020-03-24) · Capex (2020-03-24)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-3122.15Unavailable
Inputs & filings

revenue: 1504884000; averageDilutedShares: 67938680; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
2024-12-3121.89Unavailable
Inputs & filings

revenue: 1389037000; averageDilutedShares: 63455148; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
2023-12-3120.26Unavailable
Inputs & filings

revenue: 1218555000; averageDilutedShares: 60134776; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
2022-12-3117.26Unavailable
Inputs & filings

revenue: 980720000; averageDilutedShares: 56825348; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2025-02-25)
averageDilutedShares (2025-02-25)
2021-12-3111.92Unavailable
Inputs & filings

revenue: 567290000; averageDilutedShares: 47587866; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2024-02-28)
averageDilutedShares (2024-02-28)
2020-12-31UnavailableUnavailable
Inputs & filings

revenue: No unambiguous matching annual USD fact; averageDilutedShares: 27175705; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

averageDilutedShares (2023-02-28)
2019-12-31UnavailableUnavailable
Inputs & filings

revenue: No unambiguous matching annual USD fact; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

Source unavailable
2018-12-31UnavailableUnavailable
Inputs & filings

revenue: No unambiguous matching annual USD fact; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

Source unavailable

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-31-4.58Unavailable2.79
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-68945000,"capex":{"accession":"0001781755-26-000018","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquireProductiveAssets","unit":"USD"},"ocf":{"accession":"0001781755-26-000018","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1504884000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"netIncome":{"value":-54154000,"tag":"ProfitLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"operatingIncome":{"value":73936000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingAssets":{"value":3534731000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingCurrentLiabilities":{"value":1056434000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingCapitalEmployed":{"value":2478297000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":583216000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingTotalEquity":{"value":1008344000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingCash":{"value":90045000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":3862220000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingCurrentLiabilities":{"value":1032760000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingCapitalEmployed":{"value":2829460000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":600215000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingTotalEquity":{"value":1083879000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingCash":{"value":123669000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-33813000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"incomeTaxExpense":{"value":1729000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"pretaxIncome":{"value":-52425000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2653878500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -4.581416242049221; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: 2.785960246484532

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2026-02-26) · roce component 3 (2026-02-26) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2024-12-310.75Unavailable2.45
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":10404000,"capex":{"accession":"0001781755-26-000018","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquireProductiveAssets","unit":"USD"},"ocf":{"accession":"0001781755-26-000018","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1389037000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"netIncome":{"value":-41081000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"operatingIncome":{"value":60648000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingAssets":{"value":3501937000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"openingCurrentLiabilities":{"value":1033440000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"openingCapitalEmployed":{"value":2468497000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":560412000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"openingTotalEquity":{"value":1018488000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingCash":{"value":116209000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":3534731000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingCurrentLiabilities":{"value":1056434000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingCapitalEmployed":{"value":2478297000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":583216000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingTotalEquity":{"value":1008344000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingCash":{"value":90045000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-24518000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"incomeTaxExpense":{"value":1731000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"pretaxIncome":{"value":-39350000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2473397000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 0.7490081257734674; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: 2.4520123538598937

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2025-02-25) · roce component 3 (2025-02-25) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2023-12-31UnavailableUnavailable-1.63
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-21330000,"capex":{"accession":"0001781755-24-000016","end":"2023-12-31","filed":"2024-02-28","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001781755-26-000018","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1218555000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"netIncome":{"value":-164019000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"operatingIncome":{"value":-42551000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingAssets":{"value":3462182000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"openingCurrentLiabilities":{"value":699206000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"openingCapitalEmployed":{"value":2762976000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":608104000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"openingTotalEquity":{"value":1139552000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"openingCash":{"value":118090000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-90141000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"incomeTaxExpense":{"value":1285000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"pretaxIncome":{"value":-162734000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001781755-26-000018","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2615736500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: FCF and revenue sources do not share a filing; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -1.6267311328950755

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2024-02-28) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2024-02-28) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2024-02-28) · roce component 3 (2024-02-28) · roce component 4 (2025-02-25) · roce component 5 (2025-02-25)
2022-12-31-2.49Unavailable-1.22
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-24441000,"capex":{"accession":"0001781755-24-000016","end":"2022-12-31","filed":"2024-02-28","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001781755-25-000017","end":"2022-12-31","filed":"2025-02-25","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":980720000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"netIncome":{"value":-76748000,"tag":"ProfitLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"operatingIncome":{"value":-31098000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"openingAssets":{"value":2876307000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"openingCurrentLiabilities":{"value":540689000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"openingCapitalEmployed":{"value":2335618000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":608383000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"openingTotalEquity":{"value":1187287000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"openingCash":{"value":138292000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-41772000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"incomeTaxExpense":{"value":715000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"pretaxIncome":{"value":-76033000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2549297000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":-24441000,"ocf":{"tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"capex":{"tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"}},"revenue":{"value":980720000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"}}}}; fcfMargin: -2.492148625499633; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -1.219865711998249

fcfMargin component 1 (2024-02-28) · fcfMargin component 2 (2024-02-28) · fcfMargin component 3 (2024-02-28)
cashConversion component 1 (2025-02-25) · cashConversion component 2 (2024-02-28) · cashConversion component 3 (2025-02-25)
roce component 1 (2025-02-25) · roce component 2 (2023-02-28) · roce component 3 (2023-02-28) · roce component 4 (2024-02-28) · roce component 5 (2024-02-28)
2021-12-316.14Unavailable-1.73
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":34808000,"capex":{"accession":"0001781755-24-000016","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001781755-24-000016","end":"2021-12-31","filed":"2024-02-28","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":567290000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"netIncome":{"value":-58120000,"tag":"ProfitLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"operatingIncome":{"value":-31626000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"openingAssets":{"value":1529914000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"openingCurrentLiabilities":{"value":217420000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"openingCapitalEmployed":{"value":1312494000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":367783000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"openingTotalEquity":{"value":769870000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"openingCash":{"value":108462000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":2876307000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"closingCurrentLiabilities":{"value":540689000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"closingCapitalEmployed":{"value":2335618000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":608383000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"closingTotalEquity":{"value":1187287000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-25","accession":"0001781755-25-000017","form":"10-K"},"closingCash":{"value":138292000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-30646000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"incomeTaxExpense":{"value":19000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"pretaxIncome":{"value":-58101000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1824056000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 6.135838812600258; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -1.7338283473752998

fcfMargin component 1 (2024-02-28) · fcfMargin component 2 (2024-02-28) · fcfMargin component 3 (2024-02-28)
cashConversion component 1 (2024-02-28) · cashConversion component 2 (2024-02-28) · cashConversion component 3 (2024-02-28)
roce component 1 (2024-02-28) · roce component 2 (2022-03-01) · roce component 3 (2022-03-01) · roce component 4 (2023-02-28) · roce component 5 (2023-02-28)
2020-12-31UnavailableUnavailable-2.68
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":31348000,"capex":{"accession":"0001781755-23-000006","end":"2020-12-31","filed":"2023-02-28","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001781755-23-000006","end":"2020-12-31","filed":"2023-02-28","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-29885000,"tag":"ProfitLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"operatingIncome":{"value":-21938000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"openingAssets":{"value":398768000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-11","accession":"0001781755-21-000015","form":"10-K"},"openingCurrentLiabilities":{"value":72825000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-11","accession":"0001781755-21-000015","form":"10-K"},"openingCapitalEmployed":{"value":325943000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":73285000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-11","accession":"0001781755-21-000015","form":"10-K"},"openingTotalEquity":{"value":237251000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"openingCash":{"value":67689000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-11","accession":"0001781755-21-000015","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1529914000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"closingCurrentLiabilities":{"value":217420000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"closingCapitalEmployed":{"value":1312494000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":367783000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"closingTotalEquity":{"value":769870000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-28","accession":"0001781755-24-000016","form":"10-K"},"closingCash":{"value":108462000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-15696000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"incomeTaxExpense":{"value":-5000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"pretaxIncome":{"value":-29890000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001781755-23-000006","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":819218500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: No unambiguous matching annual USD fact; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -2.6779180401809772

fcfMargin component 1 (2023-02-28) · fcfMargin component 2 (2023-02-28)
cashConversion component 1 (2023-02-28) · cashConversion component 2 (2023-02-28) · cashConversion component 3 (2023-02-28)
roce component 1 (2023-02-28) · roce component 2 (2021-03-11) · roce component 3 (2021-03-11) · roce component 4 (2022-03-01) · roce component 5 (2022-03-01)
2019-12-31UnavailableUnavailable-2.34
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":10296000,"capex":{"accession":"0001781755-22-000008","end":"2019-12-31","filed":"2022-03-01","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001781755-22-000008","end":"2019-12-31","filed":"2022-03-01","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":-22454000,"tag":"ProfitLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"operatingIncome":{"value":-5068000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"openingAssets":{"value":139825000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"openingCurrentLiabilities":{"value":33227000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"openingCapitalEmployed":{"value":106598000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-63696000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"openingTotalEquity":{"value":-62759000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"openingCash":{"value":7995000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-8650000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":17000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"pretaxIncome":{"value":-22437000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":216270500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: No unambiguous matching annual USD fact; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -2.3433616697607857

fcfMargin component 1 (2022-03-01) · fcfMargin component 2 (2022-03-01)
cashConversion component 1 (2022-03-01) · cashConversion component 2 (2022-03-01) · cashConversion component 3 (2022-03-01)
roce component 1 (2022-03-01) · roce component 2 (2020-03-24) · roce component 3 (2020-03-24) · roce component 4 (2021-03-11) · roce component 5 (2021-03-11)
2018-12-31Unavailable419.04Unavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":11268000,"capex":{"accession":"0001781755-20-000022","end":"2018-12-31","filed":"2020-03-24","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001781755-20-000022","end":"2018-12-31","filed":"2020-03-24","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"netIncome":{"value":2689000,"tag":"ProfitLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"operatingIncome":{"value":9529000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31"},"openingParentEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingTotalEquity":{"value":-39919000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2017-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2017-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":139825000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"closingCurrentLiabilities":{"value":33227000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"closingCapitalEmployed":{"value":106598000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-63696000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"closingTotalEquity":{"value":-62759000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-01","accession":"0001781755-22-000008","form":"10-K"},"closingCash":{"value":7995000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-624000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"pretaxIncome":{"value":2689000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2020-03-24","accession":"0001781755-20-000022","form":"10-K"},"effectiveTaxRate":{"value":0,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":9529000,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: No unambiguous matching annual USD fact; cashConversion: 419.0405355150614; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2017-12-31

fcfMargin component 1 (2020-03-24) · fcfMargin component 2 (2020-03-24)
cashConversion component 1 (2020-03-24) · cashConversion component 2 (2020-03-24) · cashConversion component 3 (2020-03-24)
roce component 1 (2020-03-24) · roce component 2 (2020-03-24) · roce component 3 (2020-03-24)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-311,504,884,000.004.91-3.60
Inputs & filings

revenue: 1504884000; operatingIncome: 73936000; netIncome: -54154000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2024-12-311,389,037,000.004.37-2.96
Inputs & filings

revenue: 1389037000; operatingIncome: 60648000; netIncome: -41081000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2023-12-311,218,555,000.00-3.49-13.46
Inputs & filings

revenue: 1218555000; operatingIncome: -42551000; netIncome: -164019000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2022-12-31980,720,000.00-3.17-7.83
Inputs & filings

revenue: 980720000; operatingIncome: -31098000; netIncome: -76748000

revenue (2025-02-25)
operatingIncome (2025-02-25)
netIncome (2025-02-25)
2021-12-31567,290,000.00-5.57-10.25
Inputs & filings

revenue: 567290000; operatingIncome: -31626000; netIncome: -58120000

revenue (2024-02-28)
operatingIncome (2024-02-28)
netIncome (2024-02-28)
2020-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: No unambiguous matching annual USD fact; operatingIncome: -21938000; netIncome: -29885000

operatingIncome (2023-02-28)
netIncome (2023-02-28)
2019-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: No unambiguous matching annual USD fact; operatingIncome: -5068000; netIncome: -22454000

operatingIncome (2022-03-01)
netIncome (2022-03-01)
2018-12-31UnavailableUnavailableUnavailable
Inputs & filings

revenue: No unambiguous matching annual USD fact; operatingIncome: 9529000; netIncome: 2689000

operatingIncome (2020-03-24)
netIncome (2020-03-24)

Baldwin Insurance Group, Inc. (BWIN) P/E ratio history

The interactive P/E chart contains all 364 stored weekly price points (2019-10-25–2026-10-08); 0 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

No positive annual EPS with an eligible fiscal-year-end price is available in this snapshot.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (8 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-2625.60Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2024-12-312024-12-2738.84Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2023-12-312023-12-2924.02Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2022-12-312022-12-3025.14Adjusted closeUnavailableUnavailableBasic EPS (2025-02-25) Diluted EPS (2025-02-25)
2021-12-312021-12-3136.11Adjusted closeUnavailableUnavailableBasic EPS (2024-02-28) Diluted EPS (2024-02-28)
2020-12-312020-12-3129.97Adjusted closeUnavailableUnavailableBasic EPS (2023-02-28) Diluted EPS (2023-02-28)
2019-12-312019-12-2715.56Adjusted closeUnavailableUnavailable Source unavailable
2018-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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