Brp Group Inc Class A ( (BWIN) ) has released its Q1 earnings. Here is a breakdown of the information Brp Group Inc Class A presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The Baldwin Group, known as The Baldwin Insurance Group, Inc., operates as an independent insurance distribution firm providing customized insurance solutions to both personal and commercial clients across the United States and internationally. The company is recognized for its comprehensive approach to risk management, insurance, and employee benefits.
In its first-quarter 2025 earnings report, The Baldwin Group announced a total revenue growth of 9% year-over-year, reaching $413.4 million. The company also reported an organic revenue growth of 10%, with a net income of $24.9 million and a diluted earnings per share of $0.20. Notably, the adjusted diluted earnings per share saw a significant increase of 16% to $0.65.
Key financial highlights from the report include a 12% year-over-year growth in adjusted EBITDA, which amounted to $113.8 million, and an adjusted EBITDA margin expansion of 80 basis points to 28%. The company also improved its adjusted free cash flow by 6% year-over-year, reaching $25.8 million. These results underscore the resilience and durability of Baldwin’s business model, as emphasized by CEO Trevor Baldwin.
The Baldwin Group’s liquidity position remains strong, with cash and cash equivalents of $81.8 million and a borrowing capacity of $586 million under its revolving credit facility. This financial flexibility positions the company to accelerate its strategic priorities and maintain its growth momentum.
Looking ahead, The Baldwin Group’s management remains optimistic about the company’s future prospects, bolstered by its robust financial performance and strategic positioning in the insurance distribution sector.