Financial Snapshot

Revenue
$327.2M
TTM
Gross Margin
38.44%
TTM
Net Earnings
$40.80M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
614.55%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$268.1M
Q3 2024
Cash
Q3 2024
P/E
42.10
Nov 13, 2024 EST
Free Cash Flow
$10.37M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022
Revenue $172.9M $153.9M
YoY Change 12.35%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022
Revenue $172.9M $153.9M
Cost Of Revenue $116.8M $104.9M
Gross Profit $56.09M $49.01M
Gross Profit Margin 32.43% 31.84%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022
Selling, General & Admin $24.94M $21.95M
YoY Change 13.66%
% of Gross Profit 44.47% 44.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.862M $3.302M
YoY Change 47.24%
% of Gross Profit 8.67% 6.74%
Operating Expenses $29.80M $25.25M
YoY Change 18.05%
Operating Profit $26.28M $23.76M
YoY Change 10.6%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022
Interest Expense -$1.003M -$398.0K
YoY Change 152.01%
% of Operating Profit -3.82% -1.67%
Other Income/Expense, Net -$17.00K -$18.00K
YoY Change -5.56%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022
Pretax Income $25.26M $23.35M
YoY Change 8.2%
Income Tax
% Of Pretax Income
Net Earnings $26.10M $20.61M
YoY Change 26.59%
Net Earnings / Revenue 15.09% 13.39%
Basic Earnings Per Share
Diluted Earnings Per Share $1.98 $1.56

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022
Cash & Short-Term Investments $39.30M $22.33M
YoY Change 75.98%
Cash & Equivalents $39.30M $22.33M
Short-Term Investments
Other Short-Term Assets $10.75M $45.74M
YoY Change -76.51%
Inventory
Prepaid Expenses
Receivables $5.982M $5.599M
Other Receivables $19.08M $15.04M
Total Short-Term Assets $75.11M $88.72M
YoY Change -15.34%
Property, Plant & Equipment $3.056M $2.921M
YoY Change 4.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $837.0K $1.161M
YoY Change -27.91%
Total Long-Term Assets $40.33M $25.44M
YoY Change 58.54%
Total Assets $115.4M $114.2M
YoY Change
Accounts Payable $1.566M $211.0K
YoY Change 642.18%
Accrued Expenses $882.0K $629.0K
YoY Change 40.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.437M $2.643M
YoY Change -7.79%
Total Short-Term Liabilities $34.91M $46.33M
YoY Change -24.65%
Long-Term Debt $46.92M $8.356M
YoY Change 461.5%
Other Long-Term Liabilities $2.555M $1.680M
YoY Change 52.08%
Total Long-Term Liabilities $49.47M $10.04M
YoY Change 392.97%
Total Liabilities $84.39M $56.37M
YoY Change 49.71%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.7175 Billion

About TWFG Inc

TWFG Inc is a US-based company operating in Insurance industry. The company is headquartered in The Woodlands, Texas and currently employs 264 full-time employees. The company went IPO on 2024-07-18. TWFG, Inc. provides an independent distribution platform for personal and commercial insurance in the United States. Its offerings are fulsome and flexible in that it offers all lines of insurance, multiple distribution contract options, mergers and acquisitions (M&A) services, proprietary virtual assistants, proprietary technology, proprietary premium financing, unlimited continuing education, recognition programs, co-op funding, marketing support and overall lower costs to operate. Its business model, developed by agents for agents, serves over 2,400 TWFG Agencies and offers a distinctive level of autonomy and entrepreneurial opportunity. The company provides TWFG Agencies with resources, technology, training, and insurance carrier access to succeed in an increasingly complex market. Its independent distribution platform offers its branches and managing general agency (MGA) agencies a choice of contracts to execute with it, including branch contracts, MGA contracts and producer contracts.

Industry: Insurance Agents, Brokers & Service Peers: