Symbols / TWFG Stock $19.80 -0.85% TWFG, Inc.

Financial Services • Insurance Brokers • United States • NMS
TWFG (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Insurance Brokers
CEO Mr. Richard Finley Bunch III
Exch · Country NMS · United States
Market Cap 297.57M
Enterprise Value 390.40M
Income 7.96M
Sales 248.51M
FCF (ttm) -35.81M
Book/sh 5.55
Cash/sh 10.38
Employees 400
Insider 10d —
IPO Jul 18, 2024
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 37.36
Forward P/E 18.53
PEG —
P/S 1.20
P/B 3.57
P/C —
EV/EBITDA 7.15
EV/Sales 1.57
Quick Ratio 4.55
Current Ratio 5.12
Debt/Eq 4.89
LT Debt/Eq —
EPS (ttm) 0.53
EPS next Y 1.07
EPS Growth -50.00%
Revenue Growth 35.80%
EPS Gr Q/Q 85.20%
Rev Gr Q/Q —
Earnings (next) 2026-05-07
Earnings (prior) 2026-02-25
ROA 6.64%
ROE 13.91%
ROIC —
Gross Margin 84.86%
Oper. Margin 21.15%
Profit Margin 3.20%
Shs Outstand 14.21M
Shs Float 13.45M
Insider Own 13.67%
Instit Own 86.14%
Short Float 6.51%
Short Ratio 2.04
Short Interest 607.05K
52W High 36.85
vs 52W High -46.27%
52W Low 16.56
vs 52W Low 19.57%
Beta —
Impl. Vol. —
Rel Volume 0.69
Avg Volume 266.41K
Volume 183.28K
Target (mean) $25.71
Tgt Median $25.00
Tgt Low $24.00
Tgt High $31.00
# Analysts 7
Recom Buy
Prev Close $19.97
Price $19.80
Change -0.85%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$25.71
Mean price target
2. Current target
$19.80
Latest analyst target
3. DCF / Fair value
$-45.37
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$19.80
Low
$24.00
High
$31.00
Mean
$25.71

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-09 main JP Morgan Neutral → Neutral $24
2026-04-08 main UBS Buy → Buy $31
2026-04-07 main Keefe, Bruyette & Woods Market Perform → Market Perform $25
2026-04-06 main Morgan Stanley Equal-Weight → Equal-Weight $24
2026-03-09 main UBS Buy → Buy $34
2026-03-05 main Morgan Stanley Equal-Weight → Equal-Weight $28
2026-02-27 main Piper Sandler Overweight → Overweight $24
2026-02-23 main Piper Sandler Overweight → Overweight $22
2025-11-17 main JP Morgan Neutral → Neutral $31
2025-11-17 main Morgan Stanley Equal-Weight → Equal-Weight $31
2025-10-09 main JP Morgan Neutral → Neutral $30
2025-10-08 main UBS Buy → Buy $39
2025-10-07 main Morgan Stanley Equal-Weight → Equal-Weight $30
2025-08-18 main Morgan Stanley Equal-Weight → Equal-Weight $32
2025-08-14 main Piper Sandler Overweight → Overweight $32
2025-07-09 main UBS Buy → Buy $42
2025-05-19 main Morgan Stanley Equal-Weight → Equal-Weight $34
2025-05-19 main JP Morgan Neutral → Neutral $34
2025-04-10 main Morgan Stanley Equal-Weight → Equal-Weight $29
2025-04-09 main Keefe, Bruyette & Woods Market Perform → Market Perform $32
News
RSS: Latest TWFG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 NOLAN KATHERINE C Chief Operating Officer — 12,500 $0.00 $0
2026-03-31 FERRACONE ROBIN A Director — 4,000 $0.00 $0
2026-03-31 DOAK J MICHAEL Director — 4,000 $0.00 $0
2026-03-31 WONG JANET S Director — 4,000 $0.00 $0
2026-03-31 PADGETT EUGENE Officer — 3,250 $0.00 $0
2026-03-31 ZWINGGI JANICE E. Chief Financial Officer — 12,500 $0.00 $0
2026-03-31 BENES JULIE E. General Counsel — 5,000 $0.00 $0
2026-03-31 BUNCH CHARLES ALEXANDER Officer — 5,000 $0.00 $0
2026-03-31 BUNCH RICHARD F. III Chief Executive Officer — 31,500 $0.00 $0
2026-03-31 ANDERSON JONATHAN JAMES Director — 4,000 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
233.96
+20.77%
193.72
+16.01%
166.99
+13.00%
147.78
Operating Revenue
233.96
+20.77%
193.72
+16.01%
166.99
+13.00%
147.78
Cost Of Revenue
171.15
+16.31%
147.15
+12.49%
130.82
+11.67%
117.15
Reconciled Cost Of Revenue
171.15
+16.31%
147.15
+12.49%
130.82
+11.67%
117.15
Gross Profit
62.81
+34.86%
46.57
+28.74%
36.17
+18.09%
30.63
Operating Expense
38.93
+42.26%
27.37
+84.08%
14.87
+28.87%
11.54
Selling General And Administration
22.02
+32.13%
16.66
+51.87%
10.97
+13.07%
9.71
General And Administrative Expense
22.02
+32.13%
16.66
+51.87%
10.97
+13.07%
9.71
Other Gand A
22.02
+32.13%
16.66
+51.87%
10.97
+13.07%
9.71
Other Operating Expenses
-1.44
-9.33%
-1.32
-36.16%
-0.97
+34.19%
-1.47
Total Expenses
210.09
+20.38%
174.52
+19.79%
145.68
+13.21%
128.69
Operating Income
23.87
+24.32%
19.20
-9.87%
21.31
+11.57%
19.10
Total Operating Income As Reported
36.98
+32.44%
27.93
+9.98%
25.39
+7.06%
23.72
EBITDA
63.09
+42.31%
44.33
+42.42%
31.13
+15.08%
27.05
Normalized EBITDA
63.09
+42.31%
44.33
+42.42%
31.13
+15.08%
27.05
Reconciled Depreciation
18.35
+52.69%
12.02
+147.22%
4.86
+47.24%
3.30
EBIT
44.73
+38.45%
32.31
+23.02%
26.27
+10.61%
23.75
Net Income
7.96
+190.09%
2.75
0.00
0.00
Pretax Income
44.45
+47.72%
30.09
+19.10%
25.26
+8.20%
23.35
Net Non Operating Interest Income Expense
6.32
+193.54%
2.15
+2022.32%
-0.11
+68.18%
-0.35
Interest Expense Non Operating
0.29
-87.09%
2.22
+121.64%
1.00
+152.01%
0.40
Net Interest Income
6.32
+193.54%
2.15
+2022.32%
-0.11
+68.18%
-0.35
Interest Expense
0.29
-87.09%
2.22
+121.64%
1.00
+152.01%
0.40
Interest Income Non Operating
6.61
+50.98%
4.38
+391.13%
0.89
+1836.96%
0.05
Interest Income
6.61
+50.98%
4.38
+391.13%
0.89
+1836.96%
0.05
Other Income Expense
14.25
+63.22%
8.73
+114.63%
4.07
-11.60%
4.60
Other Non Operating Income Expenses
14.25
+63.22%
8.73
+114.63%
4.07
-11.60%
4.60
Tax Provision
3.28
+119.33%
1.50
0.00
0.00
Tax Rate For Calcs
0.00
+48.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
41.17
+43.98%
28.59
+9.56%
26.10
+26.59%
20.61
Net Income From Continuing Operation Net Minority Interest
7.96
+190.09%
2.75
+429.14%
-0.83
-130.52%
2.73
Net Income From Continuing And Discontinued Operation
7.96
+190.09%
2.75
0.00
0.00
Net Income Continuous Operations
41.17
+43.98%
28.59
+13.18%
25.26
+8.20%
23.35
Net Income Discontinuous Operations
0.00
0.00
-100.00%
0.83
+130.52%
-2.73
Minority Interests
-33.20
-28.46%
-25.85
+0.95%
-26.10
-26.59%
-20.61
Normalized Income
7.96
+190.09%
2.75
+429.14%
-0.83
-130.52%
2.73
Net Income Common Stockholders
7.96
+190.09%
2.75
0.00
0.00
Diluted EPS
—
0.19
0.00
0.00
Basic EPS
—
0.19
0.00
0.00
Basic Average Shares
—
14.77
+12.23%
13.16
0.00%
13.16
Diluted Average Shares
—
14.98
+13.83%
13.16
0.00%
13.16
Diluted NI Availto Com Stockholders
7.96
+190.09%
2.75
0.00
0.00
Depreciation Amortization Depletion Income Statement
18.35
+52.69%
12.02
+147.22%
4.86
+47.24%
3.30
Depreciation And Amortization In Income Statement
18.35
+52.69%
12.02
+147.22%
4.86
+47.24%
3.30
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
372.33
+15.12%
323.43
+180.18%
115.44
+1.12%
114.15
Current Assets
225.52
-6.75%
241.85
+222.00%
75.11
-15.34%
88.72
Cash Cash Equivalents And Short Term Investments
155.93
-20.35%
195.77
+398.19%
39.30
+75.98%
22.33
Cash And Cash Equivalents
155.93
-20.35%
195.77
+398.19%
39.30
+75.98%
22.33
Receivables
44.79
+28.32%
34.91
+39.27%
25.06
+21.43%
20.64
Accounts Receivable
44.79
+28.32%
34.91
+39.27%
25.06
+21.43%
20.64
Current Deferred Assets
—
0.00
-100.00%
2.02
0.00
Restricted Cash
11.97
+25.37%
9.55
+33.19%
7.17
-9.59%
7.93
Assets Held For Sale Current
—
—
0.00
-100.00%
36.73
Other Current Assets
12.83
+692.28%
1.62
+4.38%
1.55
+43.74%
1.08
Total Non Current Assets
146.82
+79.97%
81.58
+102.29%
40.33
+58.54%
25.44
Net PPE
7.50
-6.21%
7.99
+161.52%
3.06
+4.62%
2.92
Gross PPE
7.50
-6.21%
7.99
+161.52%
3.06
+4.62%
2.92
Other Properties
7.50
-6.21%
7.99
+161.52%
3.06
+4.62%
2.92
Goodwill And Other Intangible Assets
138.63
+89.96%
72.98
+100.29%
36.44
+70.61%
21.36
Other Intangible Assets
138.63
+89.96%
72.98
+100.29%
36.44
+70.61%
21.36
Other Non Current Assets
0.69
+12.95%
0.61
-27.12%
0.84
-27.91%
1.16
Total Liabilities Net Minority Interest
55.69
+15.67%
48.14
-42.95%
84.39
+49.71%
56.37
Current Liabilities
44.08
+11.28%
39.62
+13.48%
34.91
-24.65%
46.33
Payables And Accrued Expenses
22.67
+2.99%
22.01
+7.10%
20.55
+111.54%
9.71
Payables
19.30
+0.62%
19.18
-1.26%
19.42
+99.94%
9.71
Accounts Payable
16.74
-2.00%
17.08
+21.55%
14.05
+44.67%
9.71
Other Payable
1.50
+150.42%
0.60
-88.81%
5.37
—
Current Accrued Expenses
3.37
+19.12%
2.83
+151.11%
1.13
—
Total Tax Payable
1.05
-29.70%
1.50
0.00
—
Income Tax Payable
1.05
-29.70%
1.50
0.00
—
Current Debt And Capital Lease Obligation
3.29
+12.55%
2.92
-11.87%
3.32
+1.44%
3.27
Current Debt
1.97
+3.14%
1.91
-21.54%
2.44
-7.79%
2.64
Other Current Borrowings
1.97
+3.14%
1.91
-21.54%
2.44
-7.79%
2.64
Current Capital Lease Obligation
1.32
+30.31%
1.01
+14.85%
0.88
+40.22%
0.63
Other Current Liabilities
18.13
+23.43%
14.69
+32.97%
11.04
-66.88%
33.34
Total Non Current Liabilities Net Minority Interest
11.60
+36.08%
8.53
-82.77%
49.47
+392.97%
10.04
Long Term Debt And Capital Lease Obligation
4.93
-33.16%
7.38
-84.77%
48.44
+382.63%
10.04
Long Term Debt
2.04
-49.21%
4.01
-91.46%
46.92
+461.50%
8.36
Long Term Capital Lease Obligation
2.90
-14.09%
3.37
+122.13%
1.52
-9.64%
1.68
Tradeand Other Payables Non Current
6.67
+494.39%
1.12
+8.20%
1.04
0.00
Other Non Current Liabilities
—
0.02
—
—
Stockholders Equity
83.38
+12.86%
73.88
+137.94%
31.05
-46.27%
57.79
Common Stock Equity
83.38
+12.86%
73.88
+137.94%
31.05
-46.27%
57.79
Capital Stock
0.15
+1.35%
0.15
-76.58%
0.63
+0.00%
0.63
Common Stock
0.15
+1.35%
0.15
-76.58%
0.63
+0.00%
0.63
Share Issued
15.03
+1.46%
14.81
+12.54%
13.16
+0.00%
13.16
Ordinary Shares Number
15.03
+1.46%
14.81
+12.54%
13.16
+0.00%
13.16
Additional Paid In Capital
59.95
+2.72%
58.37
+132.40%
25.11
+0.00%
25.11
Retained Earnings
23.25
+52.09%
15.29
+218.17%
4.80
-85.07%
32.18
Gains Losses Not Affecting Retained Earnings
0.03
-63.86%
0.08
-83.40%
0.50
+457.14%
-0.14
Minority Interest
233.27
+15.82%
201.40
0.00
—
Other Equity Adjustments
0.03
-63.86%
0.08
-83.40%
0.50
+457.14%
-0.14
Total Equity Gross Minority Interest
316.65
+15.03%
275.29
+786.56%
31.05
-46.27%
57.79
Total Capitalization
85.42
+9.66%
77.89
-0.10%
77.97
+17.88%
66.14
Working Capital
181.43
-10.28%
202.23
+403.11%
40.20
-5.16%
42.38
Invested Capital
87.39
+9.51%
79.80
-0.75%
80.41
+16.90%
68.78
Total Debt
8.22
-20.19%
10.30
-80.09%
51.76
+288.91%
13.31
Net Debt
—
—
10.06
—
Capital Lease Obligations
4.22
-3.83%
4.38
+82.71%
2.40
+3.94%
2.31
Net Tangible Assets
-55.25
-6198.23%
0.91
+116.82%
-5.38
-114.78%
36.43
Tangible Book Value
-55.25
-6198.23%
0.91
+116.82%
-5.38
-114.78%
36.43
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
53.50
+32.17%
40.48
+34.24%
30.15
+17.08%
25.75
Cash Flow From Continuing Operating Activities
53.50
+32.17%
40.48
+38.08%
29.32
+32.68%
22.09
Cash From Discontinued Operating Activities
0.00
0.00
-100.00%
0.84
-77.08%
3.66
Net Income From Continuing Operations
41.17
+43.98%
28.59
+13.18%
25.26
+8.20%
23.35
Depreciation Amortization Depletion
18.35
+52.69%
12.02
+147.22%
4.86
+47.24%
3.30
Depreciation And Amortization
18.35
+52.69%
12.02
+147.22%
4.86
+47.24%
3.30
Other Non Cash Items
1.34
+28.00%
1.05
+46.65%
0.72
+25.39%
0.57
Stock Based Compensation
4.58
+106.31%
2.22
0.00
0.00
Operating Gains Losses
-1.12
—
-0.08
+90.56%
-0.89
Gain Loss On Sale Of PPE
-1.12
0.00
+100.00%
-0.08
+90.56%
-0.89
Change In Working Capital
-10.82
-218.08%
-3.40
-136.09%
-1.44
+65.98%
-4.24
Change In Receivables
-9.88
-1.09%
-9.78
-118.70%
-4.47
+46.70%
-8.39
Changes In Account Receivables
-9.88
-1.09%
-9.78
-118.70%
-4.47
+46.70%
-8.39
Change In Payables And Accrued Expense
1.32
-2.94%
1.36
-54.42%
2.98
-39.58%
4.94
Change In Payable
1.32
-2.94%
1.36
-54.42%
2.98
-39.58%
4.94
Change In Account Payable
1.32
-2.94%
1.36
-54.42%
2.98
-39.58%
4.94
Change In Other Current Assets
-1.48
-12433.33%
0.01
+103.31%
-0.36
-1005.00%
0.04
Change In Other Current Liabilities
-0.78
-115.51%
5.00
+1126.47%
0.41
+149.39%
-0.83
Investing Cash Flow
-70.38
-180.89%
-25.05
-70.97%
-14.65
-1.04%
-14.50
Cash Flow From Continuing Investing Activities
-70.38
-180.89%
-25.05
-70.22%
-14.72
+1.39%
-14.93
Cash From Discontinued Investing Activities
0.00
0.00
-100.00%
0.06
-84.83%
0.42
Net PPE Purchase And Sale
-0.31
+90.41%
-3.20
-1131.15%
-0.26
-246.67%
-0.07
Purchase Of PPE
-0.36
+88.88%
-3.20
-1131.15%
-0.26
-126.09%
-0.12
Sale Of PPE
0.05
0.00
0.00
-100.00%
0.04
Capital Expenditure
-62.27
-148.53%
-25.05
-60.13%
-15.65
-27.43%
-12.28
Net Investment Purchase And Sale
-10.00
0.00
0.00
—
Net Business Purchase And Sale
1.84
0.00
-100.00%
0.93
—
Net Intangibles Purchase And Sale
-61.91
-183.30%
-21.85
-42.03%
-15.39
-57.61%
-9.76
Purchase Of Intangibles
-61.91
-183.30%
-21.85
-42.03%
-15.39
-26.50%
-12.16
Net Other Investing Changes
—
—
—
-5.09
Financing Cash Flow
-20.55
-114.32%
143.43
+1579.43%
-9.70
+36.48%
-15.26
Cash Flow From Continuing Financing Activities
-20.55
-114.32%
143.43
+8808.76%
1.61
+107.95%
-20.26
Net Issuance Payments Of Debt
-1.91
+95.60%
-43.44
-213.24%
38.36
+1600.67%
-2.56
Issuance Of Debt
0.00
0.00
-100.00%
41.00
0.00
Repayment Of Debt
-1.91
+95.60%
-43.44
-1543.47%
-2.64
-3.40%
-2.56
Long Term Debt Issuance
0.00
0.00
-100.00%
41.00
0.00
Long Term Debt Payments
-1.91
+95.60%
-43.44
-1543.47%
-2.64
-3.40%
-2.56
Net Long Term Debt Issuance
-1.91
+95.60%
-43.44
-213.24%
38.36
+1600.67%
-2.56
Net Common Stock Issuance
0.00
-100.00%
193.55
0.00
0.00
Cash Dividends Paid
-15.86
-70.43%
-9.31
+72.14%
-33.41
-62.50%
-20.56
Net Other Financing Charges
-2.77
-205.68%
2.62
+178.51%
-3.34
-217.23%
2.85
Changes In Cash
-37.42
-123.56%
158.85
+2636.99%
5.80
+244.63%
-4.01
Beginning Cash Position
205.32
+341.86%
46.47
+14.27%
40.66
-8.98%
44.68
End Cash Position
167.90
-18.23%
205.32
+341.86%
46.47
+14.27%
40.66
Free Cash Flow
-8.77
-156.84%
15.42
+6.32%
14.51
+7.65%
13.48
Interest Paid Supplemental Data
0.19
-91.56%
2.30
+176.20%
0.83
+105.94%
0.40
Income Tax Paid Supplemental Data
3.27
0.00
0.00
—
Common Stock Issuance
0.00
-100.00%
193.55
0.00
0.00
Issuance Of Capital Stock
0.00
-100.00%
193.55
0.00
0.00
Sale Of Business
1.84
0.00
-100.00%
0.93
—
Sale Of Intangibles
—
0.00
-100.00%
0.93
-61.35%
2.40
Cash From Discontinued Financing Activities
0.00
0.00
+100.00%
-11.30
-326.10%
5.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
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