The Baldwin Insurance Group, In — Earnings Quality Grade F
BWIN · Financial Services
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 84 days, change +9 days YoY
AR growth 20.7% exceeds revenue growth 8.1%
Revenue 8.1%, CFFO -157.2%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -3.7% vs revenue 8.1%. Normal
Insufficient data
Gross margin 29.0%, change +4.0pp. Stable
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
FCF is negative ($-0.1B)
Accruals ratio = -0.1%. Low accruals
Cash $0.1B covers only 7% of debt $1.8B
Balance Sheet Health
Goodwill+Intangibles $2.5B = 416% of equity. Over 50%
Debt/EBITDA = 8.5x (>4x). Financial stress
Other assets grew 71.6% vs revenue 8.1%
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 5% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
The Baldwin Insurance Group, In is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25