BWIN
The Baldwin Insurance Group, Inc.
BWIN's outlook is improving, though it still trails on the overall score.
SOFI
SoFi Technologies, Inc.
SOFI has the edge over BWIN overall, supported by stronger fundamentals and stronger valuation.
BWIN Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| N/A | |
| N/A |
BWIN's revenue is currently strong, but its profitability is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like BWIN.
SOFI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
SOFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SOFI.
BWIN PE Valuation
BWIN has no meaningful PE right now: it lost money over the past year.
SOFI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $15.63 | — |
| Current | 28x | $15.63 | — |
| Cheap | 33x | $18.24 | +17% |
| Fair | 43x | $23.82 | +52% |
| Expensive | 53x | $29.74 | +90% |
Historical ranges are pointers, not guarantees.
SOFI's PE is in its cheap range at 28x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.
BWIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BWIN, with profitability improving.
SOFI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for SOFI, with profitability improving.
BWIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.37 | — |
| Q3 2026 | -$1.41 | -$0.98 |
| Q2 2026 | -$1.05 | -$0.76 |
| Q1 2026 | -$0.68 | -$0.16 |
| Q4 2025 | -$0.50 | -$0.11 |
| Q3 2025 | -$0.43 | +$0.22 |
| Q2 2025 | -$0.29 | +$0.52 |
| Q1 2025 | -$0.52 | +$0.41 |
| Q4 2024 | -$0.39 | +$1.11 |
BWIN lost $1.41 per share over the past year, and its loss has widened in each of the last five quarters.
SOFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.82 | +47% |
| Q3 2026 | $0.56 | 0% |
| Q2 2026 | $0.49 | -2% |
| Q1 2026 | $0.45 | +4.7% |
| Q4 2025 | $0.39 | 0% |
| Q3 2025 | $0.56 | +367% |
| Q2 2025 | $0.50 | +$0.72 |
| Q1 2025 | $0.43 | +$0.72 |
| Q4 2024 | $0.39 | +$0.75 |
SOFI has the edge over BWIN on earnings quality, reporting a profit while its opponent remains loss making.
BWIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $480.3M | +31% |
| Q2 2026 | $492.9M | +30% |
| Q1 2026 | $532.2M | +29% |
| Q4 2025 | $347.3M | +5.3% |
| Q3 2025 | $365.4M | +7.8% |
| Q2 2025 | $378.8M | +11% |
| Q1 2025 | $413.4M | +8.7% |
BWIN's revenue has grown year over year every quarter since early 2025: $480M last quarter, up 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -9% | -9.9 points |
| Q2 2026 | -1.7% | -9.1 points |
| Q1 2026 | -19% | -33 points |
| Q4 2025 | -3.8% | -2.2 points |
| Q3 2025 | 0.9% | -3.7 points |
| Q2 2025 | 7.4% | +2.5 points |
| Q1 2025 | 14% | +4.5 points |
| Q4 2024 | -1.7% | N/A |
BWIN's operating margin was −9% last quarter, down 9.9 points from the same quarter a year ago, near the bottom of its range since 2024.
SOFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +44% |
| Q2 2026 | $1.2B | +43% |
| Q1 2026 | $1.1B | +43% |
| Q4 2025 | $1B | +40% |
| Q3 2025 | $961.6M | +38% |
| Q2 2025 | $854.9M | +43% |
| Q1 2025 | $771.8M | +20% |
| Q4 2024 | $734.1M | +19% |
SOFI has the edge over BWIN on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +7.5 points |
| Q2 2026 | 17% | +3.6 points |
| Q1 2026 | 18% | +7.8 points |
| Q4 2025 | 18% | +9.9 points |
| Q3 2025 | 15% | +6.3 points |
| Q2 2025 | 13% | +11 points |
| Q1 2025 | 10% | -4.3 points |
| Q4 2024 | 8.2% | -0.2 points |
SOFI has the edge over BWIN on profitability, with a higher operating margin.
BWIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $39.2M | +22% |
| Q2 2026 | $30.4M | +$58.5M |
| Q1 2026 | -$18.7M | +$54.2M |
| Q4 2025 | -$84K | -102% |
| Q3 2025 | $32.2M | +$40.2M |
| Q2 2025 | -$28.1M | -140% |
| Q1 2025 | -$72.9M | -$67.7M |
| Q4 2024 | $4.3M | -71% |
BWIN has the edge over SOFI on cash generation, producing positive trailing cash flow while its opponent burns cash.
SOFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.1B | -$1.7B |
| Q2 2026 | -$4B | -$2.5B |
| Q1 2026 | -$2.4B | -$2.4B |
| Q4 2025 | -$1.1B | -$815.2M |
| Q3 2025 | -$1.4B | -$149M |
| Q2 2025 | -$1.5B | -$1B |
| Q1 2025 | -$31.1M | -104% |
| Q4 2024 | -$242.4M | +$39.9M |
SOFI's free cash flow was −$10.5B over the past year, against −$3.2B the year before. Free cash flow isn't a meaningful measure for financial services companies like SOFI.
BWIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +168K shares |
| 1 year | +35% | +24.3M shares |
| 3 years | +53% | +32.4M shares |
| 5 years | +100% | +46.5M shares |
| Available history | +368% | +73.1M shares |
BWIN has 93M diluted shares, up 35% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $79.9M |
| Q1 2026 | $47M |
| Q3 2021 | — |
| Q3 2020 | — |
SOFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +5.8M shares |
| 1 year | +5.2% | +66.8M shares |
| 3 years | +43% | +407M shares |
| 5 years | +272% | +993M shares |
SOFI has the edge over BWIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
BWIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | 7.8x | High |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | 7.5x | High |
BWIN's net debt is about 2.1 years of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like BWIN.
SOFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.4x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -3.8x | Net Cash |
| Q4 2025 | -6.5x | Net Cash |
| Q3 2025 | -5.2x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q1 2025 | -4.9x | Net Cash |
| Q4 2024 | -5.8x | Net Cash |
SOFI has the edge over BWIN on leverage, with a lower net debt burden relative to earnings.
BWIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.1 | Neutral |
| Stochastic | 86.7 | Overbought |
BWIN's weekly RSI is 63 (neutral) and its Stochastic is 87 (overbought).
SOFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 41.5 | Neutral |
SOFI's weekly RSI is 43 (neutral) and its Stochastic is 41 (neutral).
BWIN PE vs Financial Services Sector
BWIN has no meaningful PE right now: it lost money over the past year.
SOFI PE vs Financial Services Sector
| Metric | SOFI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 2 | 61 | 59 pts below |
SOFI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.
BWIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.9 | 0.4% above |
| 20 week MA | $30.4 | 5.4% above |
| 50 week MA | $25.4 | 26% above |
| 100 week MA | $30.9 | 3.6% above |
| 200 week MA | $30.7 | 4.3% above |
BWIN has the edge over SOFI on trend strength, trading above more of its moving averages.
SOFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.7 | 0.7% below |
| 20 week MA | $17.0 | 7.8% below |
| 50 week MA | $18.9 | 17% below |
| 100 week MA | $18.9 | 17% below |
| 200 week MA | $13.5 | 16% above |
SOFI has fallen below most of its moving averages, though it's still 16% above its 200-week average.
BWIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $15.6 | $30.3 | +94% |
| 2021 | $30.3 | $34.8 | +15% |
| 2022 | $34.8 | $26.0 | -25% |
| 2023 | $26.0 | $24.0 | -7.5% |
| 2024 | $24.0 | $38.8 | +62% |
| 2025 | $38.8 | $25.6 | -34% |
| 2026 YTD | $25.6 | $32.0 | +25% |
BWIN has the edge over SOFI on returns for 2026, with the stronger performance.
SOFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $12.4 | +19% |
| 2021 | $12.4 | $15.1 | +22% |
| 2022 | $15.1 | $4.61 | -69% |
| 2023 | $4.61 | $9.95 | +116% |
| 2024 | $9.95 | $16.0 | +61% |
| 2025 | $16.0 | $27.1 | +69% |
| 2026 YTD | $27.1 | $15.6 | -42% |
SOFI's yearly returns have swung widely, from +116% in 2023 to −69% in 2022. It's down 42% so far in 2026.