The Baldwin Insurance Group Reports Strong Q3 Growth with 35% Increase in Adjusted EPS
The Baldwin Insurance Group (BWIN) reported robust third-quarter financial results, highlighted by a 35% year-over-year increase in adjusted diluted earnings per share (EPS), reaching $0.42. Total revenue grew by 31% to $480.3 million, driven significantly by inorganic factors, while organic revenue growth remained steady at 6%. Profitability metrics showed substantial improvement, with adjusted EBITDA rising 47% year-over-year to $106.9 million. The company also achieved an expansion in its adjusted EBITDA margin, which grew by 240 basis points to 22.2%. These results reflect strong operational efficiency and growth momentum for the mid-cap financial firm.