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Dec 31, 2024
Baldwin Insurance Q4 2024 Earnings Report
Expected Revenue:$328M
+16.7% YoY
Expected EPS:$0.28
+154.5% YoY
Key Takeaways
The Baldwin Group reported a 16% increase in total revenue to $329.9 million and 19% organic revenue growth for Q4 2024. Adjusted diluted EPS grew by 93% to $0.27, and adjusted EBITDA increased by 38% to $63.2 million. The company's adjusted EBITDA margin expanded by 310 basis points to 19.1%.
Total revenue increased by 16% year-over-year, reaching $329.9 million.
Organic revenue growth was 19% year-over-year.
Adjusted diluted EPS grew by 93% year-over-year to $0.27.
Adjusted EBITDA grew by 38% year-over-year to $63.2 million, with a margin of 19.1%.
Baldwin Insurance
Baldwin Insurance
Forward Guidance
The company anticipates a meaningful inflection in free cash flow generation and significant growth and flexibility in capital allocation.
Positive Outlook
- Continued momentum across the business.
- Strength of colleague and client franchise.
- Efficient execution across the business.
- Thoughtful investments in innovative and proprietary technology platforms.
- Significant growth and flexibility in capital allocation.