TWFG, Inc.
Company Stats
- Market Cap
- $1.3B
- as of Sep 30, 2026
- Enterprise Value
- $1.1B
- Shares Outstanding
- 54.1M
Income Statement
- Revenue
- $248.5M
- Operating Income
- $37.0M
- Net Income
- $41.2M
- EBITDA
- $55.3M
- Revenue Growth, 3Y
- 17.3%
- FCF Margin, 3Y Avg
- 19.0%
- FCF Margin, Worst Year
- 17.4%
Cash Flow
- Free Cash Flow
- $53.1M
- FCF Yield
- 4.1%
- Owner FCF Yield
- 3.7%
Balance Sheet
- Cash & Equivalents
- $155.9M
- Total Debt
- $4.0M
- Net Cash
- $151.9M
- EV / EBITDA
- 20.71x
Returns & Capital
- SBC, 3Y Avg
- $2.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $248.5M | $53.1M | 21.4% |
| FY2024 | $203.8M | $37.3M | 18.3% |
| FY2023 | $172.0M | $29.9M | 17.4% |
| FY2022 | $153.9M | $25.6M | 16.7% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 15, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Financial Services Earnings: Demand Strong, Costs Bite Back