Accelerant (ARX) vs Baldwin Insurance Group (BWIN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Accelerant (ARX) has outperformed Baldwin Insurance Group (BWIN) over the past year, gaining 37.3% versus a gain of 9.8%. Baldwin Insurance Group is the larger company by market cap ($4.47 billion vs $4.29 billion), about 1.0 times the size, while Accelerant is growing revenue faster (+51.5% vs +8.3%). On valuation, Baldwin Insurance Group trades at a lower forward P/E (12.8x vs 21.0x for Accelerant).
Baldwin Insurance Group converts more of its revenue into profit, with a net margin of -2.2% versus -147.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARX | BWIN |
|---|---|---|
| Share price | $19.75 | $31.81 |
| Market cap | $4.29B | $4.47B |
| 1-day change | +0.10% | -0.06% |
| YTD return | +20.70% | +32.38% |
| 1-year return | +37.33% | +9.84% |
| 5-year return | — | -17.20% |
| Forward P/E | 21.04 | 12.83 |
| EPS (TTM) | $-6.22 | $-1.04 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $912.90M | $1.50B |
| Revenue growth (YoY) | +51.49% | +8.34% |
| Net income (latest FY) | $-1.35B | $-33.81M |
| Operating margin | — | 4.91% |
| Net margin | -147.35% | -2.25% |
| 52-week high | $19.90 | $32.71 |
| 52-week low | $9.18 | $15.88 |
| Distance from 52-week high | -0.75% | -2.74% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +2.53% | +3.49% |
| Average volume | 3.65M | 2.47M |
| Shares outstanding | 118.55M | 97.62M |
| Employees | 862 | 5,000 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Specialty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ARX has outperformed BWIN by 27.5 percentage points over the past year.
- Baldwin Insurance Group is more profitable, keeping -2.2 cents of every revenue dollar as net income versus -147.4 cents for Accelerant.
- Accelerant grew revenue faster in its latest fiscal year (+51.49% vs +8.34%).
About Accelerant
ARX stock →Accelerant Holdings, together with its subsidiaries, operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. It operates through Exchange Services, MGA Operations, and Underwriting segments.
Finance · Specialty Insurers · 862 employees
About Baldwin Insurance Group
BWIN stock →The Baldwin Insurance Group, Inc. operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States.
Finance · Specialty Insurers · 5,000 employees
ARX vs BWIN FAQ
Which is bigger, Accelerant or Baldwin Insurance Group?
Baldwin Insurance Group (BWIN) is larger, with a market capitalization of $4.47B compared with $4.29B for Accelerant (ARX).
Which stock has performed better over the past year, ARX or BWIN?
ARX returned +37.33% over the past 12 months, compared with +9.84% for BWIN (price return, excluding dividends). Past performance does not predict future results.
Are Accelerant and Baldwin Insurance Group in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.