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Annual · values20252024202320222021202020192018
Operating Cash Flow-29.42 M USD102.15 M USD44.64 M USD-2.46 M USD40.13 M USD36.82 M USD12.01 M USD11.79 M USD
Depreciation & Amortization127.83 M USD108.92 M USD98.40 M USD86.36 M USD51.51 M USD20.17 M USD10.55 M USD3.09 M USD
Stock-Based Compensation71.11 M USD65.50 M USD60.01 M USD47.39 M USD19.19 M USD7.74 M USD3.23 M USD1.24 M USD
Capital Expenditures39.53 M USD41.05 M USD21.38 M USD21.98 M USD5.32 M USD5.47 M USD1.72 M USD525000 USD
Cash Flow from Investing-140.28 M USD13.30 M USD-21.92 M USD-414.36 M USD-678.47 M USD-677.81 M USD-101.02 M USD-42.53 M USD
Cash Flow from Financing203.82 M USD-29.64 M USD-26.23 M USD419.55 M USD724.06 M USD711.94 M USD152.08 M USD35.60 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-68.94 M USD61.10 M USD23.27 M USD-24.44 M USD34.81 M USD31.35 M USD10.30 M USD11.27 M USD

The Baldwin Group, Inc. is an independent insurance distribution firm operating as an entrepreneur-led advisory platform in the financial services sector. It delivers tailored insurance solutions, risk management, employee benefits, and wealth management services to personal, commercial, high-net-worth individual, and business clients across the United States and internationally. The company functions through key segments including Insurance Advisory Solutions for private and commercial risk management, Medicare, and employee benefits; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions focused on property and casualty for landlords and real estate investors. Notable features encompass bespoke risk assessment, mitigation strategies, embedded insurance platforms, and technology-enabled distribution channels that simplify complexity and enhance client protection. The Baldwin Group, Inc. supports over three million clients by providing indispensable expertise, vanguard resources, and strategic partnerships with insurance carriers. Founded in 2011 and headquartered in Tampa, Florida, it plays a vital role in the insurance brokerage industry by fostering organic growth and portfolio expansion through specialty capabilities.