TWFG, Inc. Class A Common Stock

TWFG · NASDAQ · Financial Services / Insurance Brokers

25.79USD-0.93 (-3.48%)

Price History

Full chart

Market Stats

Previous Close26.72

Open26.78

Day Range25.61 – 26.93

52-Week Range16.56 – 31.30

Volume128.22K

Market Cap311.19M

P/E (TTM)40.27

Forward P/E20.16

EPS0.60

Dividend Yield0.00%

Beta0.18

50-Day Avg27.44

200-Day Avg23.41

About

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.

Company Details

SectorFinancial Services
IndustryInsurance Brokers
CEOMr. Richard Finley Bunch III
Employees400
Headquarters10055 Grogans Mill Rd., The Woodlands, TX, United States, 77380, USA
Websitehttps://www.twfg.com

Leadership

Mr. Richard Finley Bunch IIIChairman & CEO · b. 1974
Ms. Katherine C. NolanPresident · b. 1961
Ms. Janice Elaine ZwinggiCFO, Principal Financial Officer, Principal Accounting Officer & Chief Accounting Officer · b. 1961
Mr. Mohan VijayagopalChief Technology Officer
Ms. Julie E. BenesChief Legal Officer & Secretary · b. 1977
Mr. Charles Alexander BunchChief Creative & Marketing Officer · b. 1972
Mr. Andy McGuireChief Underwriting Officer

Financials

Income Statement

Currency: USD	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	147.78M	166.99M	193.72M	233.96M
Growth (%)	-	+13.00%	+16.01%	+20.77%
Cost of Revenue	117.15M	130.82M	147.15M	171.15M
Gross Profit	30.63M	36.17M	46.57M	62.81M
Gross Margin	20.73%	21.66%	24.04%	26.84%
Operating Expense	6.92M	10.78M	18.64M	38.93M
Operating Income	23.72M	25.39M	27.93M	23.87M
Operating Margin	16.05%	15.21%	14.42%	10.20%
EBITDA	27.05M	31.13M	44.33M	63.09M
EBITDA Margin	18.30%	18.64%	22.88%	26.96%
Net Income	20.61M	4.13M	2.75M	7.96M
Net Income Margin	13.95%	2.47%	1.42%	3.40%
Interest Expense	398.00K	1.00M	2.22M	287.00K
Interest Expense % of Total Revenue	0.27%	0.60%	1.15%	0.12%

Balance Sheet

Currency: USD	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	114.15M	115.44M	323.43M	370.91M
Total Liabilities	56.37M	84.39M	48.14M	55.59M
Total Equity	57.79M	31.05M	73.88M	83.09M
Cash	22.33M	39.30M	195.77M	155.93M
Total Debt	13.31M	51.76M	10.30M	11.12M
Net Debt	-9.02M	12.46M	-185.47M	-144.80M

Cash Flow

Currency: USD	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	25.75M	30.15M	40.48M	53.50M
Investing Cash Flow	-14.50M	-14.65M	-25.05M	-70.38M
Financing Cash Flow	-15.26M	-9.70M	143.43M	-20.55M
Capital Expenditure	12.28M	15.65M	3.20M	356.00K
Free Cash Flow	13.48M	14.51M	37.28M	53.15M
Dividends Paid	20.56M	33.41M	9.31M	15.86M
FCF to OCF	52.32%	48.11%	92.09%	99.33%
Dividend Paid to FCF	152.55%	230.28%	24.97%	29.85%

Earnings

Report Date	May 29, 2024	Aug 27, 2024	Nov 12, 2024	Mar 19, 2025	May 13, 2025	Aug 12, 2025	Nov 12, 2025	Feb 26, 2026	May 7, 2026	Aug 5, 2026	Nov 11, 2026
EPS Estimate	0.00	0.14	0.15	0.10	0.15	0.17	0.19	0.19	0.20	0.24	0.23
EPS Actual	0.17	14.89	0.15	0.13	0.16	0.20	0.23	0.30	0.29	0.31	-
Surprise	-	10535.71%	0.00%	30.00%	6.67%	17.65%	21.05%	58.31%	45.00%	29.17%	-
Timing	-	After-hours	Pre-market	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap311.19M

Enterprise Value253.46M

Trailing P/E40.27

Forward P/E20.16

Price / Sales1.06

Price / Book6.92

EPS0.60

Book Value3.61

Revenue (TTM)294.73M

Gross Profit (TTM)253.10M

EBITDA77.44M

Profit Margin2.98%

Operating Margin20.10%

Return on Equity19.32%

Return on Assets9.60%

Shares Outstanding12.88M

Shares Float11.20M

Beta0.18

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Buy

Based on 7 analystsTarget 31.00

Strong Buy
2
Buy
2
Hold
3

Ownership Breakdown

Institutions: 71.76%
Insiders: 15.90%
Retail / Other: 12.34%

Top Institutional Holders

T. Rowe Price Investment Management,Inc.
2.10M16.30%
BAMCO Inc
1.14M8.81%
Vanguard Capital Management, LLC
570.54K4.43%
Giverny Capital Inc.
552.11K4.29%
Central Securities Corp
500.00K3.88%
Nuveen, LLC
495.09K3.84%
Two Sigma Investments LLC
372.37K2.89%
Riverbridge Partners LLC
332.66K2.58%
Marshall Wace Asset Management Ltd
266.83K2.07%
Gilder Gagnon Howe & CO LLC
223.64K1.74%
Alyeska Investment Group, L.P.
215.78K1.68%
Citadel Advisors Llc
214.59K1.67%
Ascent Group, LLC
212.31K1.65%

Top Fund Holders

Baron Discovery Institutional
935.00K7.26%
Central Securities Corporation
500.00K3.88%
T. Rowe Price Small-Cap Value
427.74K3.32%
SilverCross Global Small-Cap A EUR
330.88K2.57%
Franklin Small Cap Value A
326.26K2.53%
Vanguard MStar Total Stk Mkt Idx Invest
320.65K2.49%
Franklin Small Cap Value VIP 1
234.73K1.82%