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Side-by-side financial comparison of Baldwin Insurance Group, Inc. (BWIN) and OXFORD INDUSTRIES INC (OXM). Click either name above to swap in a different company.
Baldwin Insurance Group, Inc. is the larger business by last-quarter revenue ($347.3M vs $307.3M, roughly 1.1× OXFORD INDUSTRIES INC). Baldwin Insurance Group, Inc. runs the higher net margin — -7.5% vs -20.7%, a 13.2% gap on every dollar of revenue. On growth, Baldwin Insurance Group, Inc. posted the faster year-over-year revenue change (5.3% vs -0.2%). OXFORD INDUSTRIES INC produced more free cash flow last quarter ($-47.9M vs $-68.9M). Over the past eight quarters, OXFORD INDUSTRIES INC's revenue compounded faster (-3.0% CAGR vs -4.4%).
The Baldwin Piano Company is an American piano brand. It was once the largest US-based manufacturer of keyboard instruments and was known by the slogan, "America's Favorite Piano". Since 2001, it has been a subsidiary of Gibson Brands, Inc. Baldwin ceased domestic production in December 2008, moving its piano manufacturing to China.
Oxford Industries, Inc. is a publicly traded clothing company in the United States that specializes in high-end clothing and apparel. The company carries many major labels, including Tommy Bahama, Lilly Pulitzer, Johnny Was and Southern Tide.
BWIN vs OXM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $347.3M | $307.3M |
| Net Profit | $-25.9M | $-63.7M |
| Gross Margin | — | 60.3% |
| Operating Margin | -3.8% | -27.7% |
| Net Margin | -7.5% | -20.7% |
| Revenue YoY | 5.3% | -0.2% |
| Net Profit YoY | -28.3% | -1517.6% |
| EPS (diluted) | $-0.38 | $-4.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $347.3M | $307.3M | ||
| Q3 25 | $365.4M | $403.1M | ||
| Q2 25 | $378.8M | $392.9M | ||
| Q1 25 | $413.4M | — | ||
| Q4 24 | $329.9M | $308.0M | ||
| Q3 24 | $338.9M | $419.9M | ||
| Q2 24 | $339.8M | $398.2M | ||
| Q1 24 | $380.4M | $404.4M |
| Q4 25 | $-25.9M | $-63.7M | ||
| Q3 25 | $-18.7M | $16.7M | ||
| Q2 25 | $-3.2M | $26.2M | ||
| Q1 25 | $13.9M | — | ||
| Q4 24 | $-20.2M | $-3.9M | ||
| Q3 24 | $-8.4M | $40.6M | ||
| Q2 24 | $-17.6M | $38.4M | ||
| Q1 24 | $21.6M | $-60.1M |
| Q4 25 | — | 60.3% | ||
| Q3 25 | — | 61.4% | ||
| Q2 25 | — | 64.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 63.1% | ||
| Q3 24 | — | 63.1% | ||
| Q2 24 | — | 64.9% | ||
| Q1 24 | — | 60.9% |
| Q4 25 | -3.8% | -27.7% | ||
| Q3 25 | 0.9% | 6.3% | ||
| Q2 25 | 7.4% | 9.2% | ||
| Q1 25 | 13.6% | — | ||
| Q4 24 | -1.7% | -2.0% | ||
| Q3 24 | 4.5% | 12.5% | ||
| Q2 24 | 4.8% | 13.2% | ||
| Q1 24 | 9.0% | -20.1% |
| Q4 25 | -7.5% | -20.7% | ||
| Q3 25 | -5.1% | 4.1% | ||
| Q2 25 | -0.8% | 6.7% | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | -6.2% | -1.3% | ||
| Q3 24 | -2.5% | 9.7% | ||
| Q2 24 | -5.2% | 9.6% | ||
| Q1 24 | 5.7% | -14.9% |
| Q4 25 | $-0.38 | $-4.28 | ||
| Q3 25 | $-0.27 | $1.12 | ||
| Q2 25 | $-0.05 | $1.70 | ||
| Q1 25 | $0.20 | — | ||
| Q4 24 | $-0.31 | $-0.25 | ||
| Q3 24 | $-0.13 | $2.57 | ||
| Q2 24 | $-0.28 | $2.42 | ||
| Q1 24 | $0.33 | $-3.72 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $123.7M | $8.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $600.2M | $528.0M |
| Total Assets | $3.9B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $123.7M | $8.0M | ||
| Q3 25 | $89.7M | $6.9M | ||
| Q2 25 | $105.7M | $8.2M | ||
| Q1 25 | $81.8M | — | ||
| Q4 24 | $90.0M | $7.0M | ||
| Q3 24 | $181.8M | $18.4M | ||
| Q2 24 | $208.3M | $7.7M | ||
| Q1 24 | $112.1M | $7.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $29.0M |
| Q4 25 | $600.2M | $528.0M | ||
| Q3 25 | $619.7M | $597.1M | ||
| Q2 25 | $630.8M | $592.4M | ||
| Q1 25 | $619.6M | — | ||
| Q4 24 | $583.2M | $612.2M | ||
| Q3 24 | $595.4M | $621.6M | ||
| Q2 24 | $590.9M | $592.9M | ||
| Q1 24 | $597.9M | $560.9M |
| Q4 25 | $3.9B | $1.3B | ||
| Q3 25 | $3.8B | $1.3B | ||
| Q2 25 | $3.7B | $1.3B | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.5B | $1.2B | ||
| Q3 24 | $3.5B | $1.2B | ||
| Q2 24 | $3.7B | $1.2B | ||
| Q1 24 | $3.5B | $1.1B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.05× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-29.4M | $-9.1M |
| Free Cash FlowOCF − Capex | $-68.9M | $-47.9M |
| FCF MarginFCF / Revenue | -19.9% | -15.6% |
| Capex IntensityCapex / Revenue | 11.4% | 12.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-137.8M | $-79.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-29.4M | $-9.1M | ||
| Q3 25 | $41.0M | $83.5M | ||
| Q2 25 | $-16.7M | $-3.9M | ||
| Q1 25 | $-64.0M | — | ||
| Q4 24 | $51.5M | $-18.2M | ||
| Q3 24 | $32.4M | $88.8M | ||
| Q2 24 | $18.3M | $32.9M | ||
| Q1 24 | $3.0M | $74.9M |
| Q4 25 | $-68.9M | $-47.9M | ||
| Q3 25 | $32.2M | $52.3M | ||
| Q2 25 | $-28.1M | $-27.4M | ||
| Q1 25 | $-72.9M | — | ||
| Q4 24 | $10.4M | $-56.9M | ||
| Q3 24 | $22.2M | $47.2M | ||
| Q2 24 | $7.8M | $21.0M | ||
| Q1 24 | $-5.1M | $55.3M |
| Q4 25 | -19.9% | -15.6% | ||
| Q3 25 | 8.8% | 13.0% | ||
| Q2 25 | -7.4% | -7.0% | ||
| Q1 25 | -17.6% | — | ||
| Q4 24 | 3.2% | -18.5% | ||
| Q3 24 | 6.6% | 11.2% | ||
| Q2 24 | 2.3% | 5.3% | ||
| Q1 24 | -1.4% | 13.7% |
| Q4 25 | 11.4% | 12.6% | ||
| Q3 25 | 2.4% | 7.7% | ||
| Q2 25 | 3.0% | 6.0% | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 12.4% | 12.6% | ||
| Q3 24 | 3.0% | 9.9% | ||
| Q2 24 | 3.1% | 3.0% | ||
| Q1 24 | 2.1% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 5.00× | ||
| Q2 25 | — | -0.15× | ||
| Q1 25 | -4.59× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.19× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | 0.14× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BWIN
| Insurance Advisory Solutions | $157.9M | 45% |
| Underwriting Capacity Technology Solutions | $129.5M | 37% |
| Consultingand Service Fee Revenue | $20.9M | 6% |
| Policy Feeand Installment Fee Revenue | $20.4M | 6% |
| Other | $7.3M | 2% |
| Earned Premium | $6.9M | 2% |
| Other Insurance Product Line | $4.4M | 1% |
OXM
| Sales Channel Retail | $162.9M | 53% |
| Sales Channel Wholesale | $61.3M | 20% |
| Johnny Was | $45.4M | 15% |
| Sales Channel Food And Beverage | $29.3M | 10% |
| Other Foreign Countries | $9.0M | 3% |
