Baldwin Insurance Group (BWIN) vs Equitable (EQH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Baldwin Insurance Group (BWIN) has outperformed Equitable (EQH) over the past year, gaining 9.8% versus a gain of 4.1%. Over five years, EQH leads with a +66.2% price change compared with -17.2% for BWIN. Equitable is the larger company by market cap ($14.52 billion vs $4.47 billion), about 3.2 times the size, while Baldwin Insurance Group is growing revenue faster (+8.3% vs -6.1%).
On valuation, Equitable trades at a lower forward P/E (5.9x vs 12.8x for Baldwin Insurance Group). Equitable pays a dividend yielding 2.14%, while Baldwin Insurance Group does not currently pay one. Baldwin Insurance Group converts more of its revenue into profit, with a net margin of -2.2% versus -11.8%.
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 | BWIN | EQH |
|---|---|---|
| Share price | $31.81 | $53.23 |
| Market cap | $4.47B | $14.52B |
| 1-day change | -0.06% | -2.33% |
| YTD return | +32.38% | +11.37% |
| 1-year return | +9.84% | +4.12% |
| 5-year return | -17.20% | +66.19% |
| Forward P/E | 12.83 | 5.93 |
| EPS (TTM) | $-1.04 | $-3.37 |
| Dividend yield | 0.00% | 2.14% |
| Annual dividend | $0.00 | $1.14 |
| Revenue (latest FY) | $1.50B | $11.66B |
| Revenue growth (YoY) | +8.34% | -6.12% |
| Net income (latest FY) | $-33.81M | $-1.38B |
| Operating margin | 4.91% | — |
| Net margin | -2.25% | -11.83% |
| 52-week high | $32.71 | $55.23 |
| 52-week low | $15.88 | $35.20 |
| Distance from 52-week high | -2.74% | -3.61% |
| Analyst consensus | hold | strong_buy |
| Avg. price target upside | +3.49% | +18.19% |
| Average volume | 2.47M | 2.84M |
| Shares outstanding | 97.62M | 272.77M |
| Employees | 5,000 | 8,000 |
| 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
- Equitable is about 3.2 times larger than Baldwin Insurance Group by market value ($14.52B vs $4.47B).
- Equitable offers a meaningfully higher dividend yield (2.14% vs 0.00%).
- Baldwin Insurance Group is more profitable, keeping -2.2 cents of every revenue dollar as net income versus -11.8 cents for Equitable.
- Baldwin Insurance Group grew revenue faster in its latest fiscal year (+8.34% vs -6.12%).
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
About Equitable
EQH stock →Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy.
Finance · Specialty Insurers · 8,000 employees
BWIN vs EQH FAQ
Which is bigger, Baldwin Insurance Group or Equitable?
Equitable (EQH) is larger, with a market capitalization of $14.52B compared with $4.47B for Baldwin Insurance Group (BWIN).
Which stock has performed better over the past year, BWIN or EQH?
BWIN returned +9.84% over the past 12 months, compared with +4.12% for EQH (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Baldwin Insurance Group or Equitable?
Equitable pays a dividend yielding 2.14%, while Baldwin Insurance Group does not currently pay a regular dividend.
Are Baldwin Insurance Group and Equitable in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.