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Dec 31, 2024
Baldwin Insurance Q4 2024 Earnings Report
The Baldwin Group reported a strong fourth quarter and full year 2024, with significant growth in total revenue, organic revenue, and adjusted EBITDA.
Key Takeaways
The Baldwin Group announced robust financial results for the fourth quarter and full year ended December 31, 2024. Total revenue increased 16% year-over-year to $329.9 million, with organic revenue growth of 19%. Adjusted diluted EPS grew 93% to $0.27, and adjusted EBITDA increased 38% to $63.2 million, with a 310 basis point expansion in adjusted EBITDA margin.
Total revenue for Q4 2024 increased 16% year-over-year to $329.9 million.
Organic revenue growth for Q4 2024 was 19% year-over-year.
Adjusted diluted EPS for Q4 2024 grew 93% year-over-year to $0.27.
Adjusted EBITDA for Q4 2024 increased 38% year-over-year to $63.2 million, with a 19.1% margin.
Forward Guidance
The company anticipates a meaningful inflection in free cash flow generation and significant growth and flexibility in capital allocation, driven by continued focus on efficient execution and investments in technology platforms, and with the vast majority of earn-out obligations satisfied.
Positive Outlook
- Anticipates meaningful inflection in free cash flow generation.
- Expects significant growth in financial performance.
- Foresees increased flexibility in capital allocation.
- Continued focus on efficient execution across the business.
- Ongoing thoughtful investments in innovative and proprietary technology platforms.
Challenges Ahead
- No specific negative forward guidance was provided in the report.
- The company did not provide specific numerical negative outlooks.
- Potential risks are generally described in the 'Note Regarding Forward-Looking Statements' section.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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