TWFG, Inc. (TWFG)
TWFG, Inc. operates an independent distribution platform for personal and commercial insurance products in the United States. The company offers auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers' compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits. TWFG, Inc. was founded in 2001 and is based in The Woodlands, Texas.
- Symbol
- TWFG
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Insurance Brokers
- Market cap
- $326.10M
- 52 week range
- 16.56 - 31.3
Valuation
- Share price
- $24.71 (close of 2026-09-23)
- P/E (TTM)
- 40.82x
- Price to book
- 1.24x
- Price to free cash flow
- 5.46x
- Enterprise value
- $260.00M
- Book value per share
- $20.15
Price performance
| Period | Change |
|---|
| 1 day | -3.93% |
| 5 days | -11.62% |
| 1 month | -14.68% |
| 3 months | +17.39% |
| 6 months | +28.56% |
| Year to date | -14.11% |
| 1 year | -6.75% |
| All time | +12.26% |
Profitability and growth
- Return on equity
- 13.78%
- Return on invested capital
- 22.31%
- Return on assets
- 11.06%
- Return on capital employed
- 11.27%
- Gross margin
- 14.88%
- Net margin
- 16.56%
- EBITDA margin
- 22.27%
- Revenue growth
- 21.96%
- Net income growth
- 1399.67%
- Free cash flow growth
- 42.56%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 18.30%
- Current ratio
- 2.56x
- Net debt to EBITDA
- -0.78x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $248.51M
- Cost of revenue
- $211.53M
- Gross profit
- $36.98M
- EBITDA
- $55.34M
- Net income
- $41.17M
- Earnings per share
- $0.53
- Shares outstanding
- 14.91M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $248.51M | $36.98M | $41.17M | $0.53 |
| 2024-12-31 | $203.76M | $27.93M | $2.75M | $0.19 |
| 2023-12-31 | $172.04M | $25.39M | - | $0.00 |
| 2022-12-31 | $153.88M | $23.72M | - | $0.00 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 14.88% | 16.56% | 13.78% | 22.31% |
| 2024-12-31 | 13.70% | 1.35% | 1.00% | 29.43% |
| 2023-12-31 | 14.76% | 0.00% | 0.00% | 58.36% |
| 2022-12-31 | 15.41% | 0.00% | 0.00% | - |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $155.93M | $2.04M |
| 2024-12-31 | $195.77M | $4.01M |
| 2023-12-31 | $39.30M | $47.96M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $53.15M | $4.58M |
| 2024-12-31 | $37.28M | $2.22M |
| 2023-12-31 | $29.89M | - |
| 2022-12-31 | $25.64M | - |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-11
- Consensus EPS estimate
- $0.23
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-05 | Jun/2026 | $0.24 |
| 2026-05-07 | - | - |
| 2026-02-25 | - | - |
| 2025-11-12 | - | - |
| 2025-08-12 | - | - |
| 2025-05-13 | - | - |
| 2025-03-19 | - | - |
| 2024-11-12 | - | - |
Filings and sources
- Company website
- twfg.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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