# TWFG, Class A Common Stock (TWFG.US)

Canonical: https://gigainvestors.com/s/TWFG

Analysis as of: 2026-10-16T07:32:36.627Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $25.02 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Francois Rochon](https://gigainvestors.com/GC): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 29% since Nov 2024

Story as of 2026-10-16T10:01:29.663Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in insurance brokers; annual sales are USD 248.5 million.

- Source: https://www.sec.gov/Archives/edgar/data/2007596/000162828026016162/twfg-20251231.htm#000162828026016162 (filed 2026-03-10); FY2025: revenue 248512000; grossProfit 62806000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-05); TWFG.US: 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.

### Why customers stay

Margins ranged from 21% to 25.3% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-10); FY2023: grossProfit / revenue = 21%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-10); FY2024: grossProfit / revenue = 22.9%.

- Source: https://www.sec.gov/Archives/edgar/data/2007596/000162828026016162/twfg-20251231.htm (filed 2026-03-10); FY2025: grossProfit / revenue = 25.3%.

### Where the cash goes

Paid dividends in 4 of 4 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-10); FY2022: growth capex 0; upkeep 12279000; owner earnings 11637000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-10); FY2024: growth capex 0; upkeep 3201000; cash acquisitions 0; owner earnings 3591675.8184107444. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/2007596/000162828026016162/twfg-20251231.htm (filed 2026-03-10); FY2025: growth capex 0; upkeep 356000; cash acquisitions 0; owner earnings 11444273.648156244. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-10); Dividend observations: [[2022,20558000],[2023,33406000],[2024,9307000],[2025,15862000]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 15.9% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-05); TWFG.US SharesStats.PercentInsiders = 15.895999999999999 percentage points; cache date 2026-10-05.

### What the price says

The price is 1.5 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-10); Closing price 25.015 USD; reporting-to-trading FX 1; FY2025 annual sales per share 16.457541262725833; price multiple 1.5199718840538887. FY2025 cash earnings/share 0.7578893807399936. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2024-07: $25.26 per share

- 2024-08: $28.67 per share

- 2024-09: $27.12 per share

- 2024-10: $32.44 per share

- 2024-11: $35.31 per share

- 2024-12: $30.80 per share

- 2025-01: $28.68 per share

- 2025-02: $30.24 per share

- 2025-03: $30.91 per share

- 2025-04: $31.68 per share

- 2025-05: $35.01 per share

- 2025-06: $35.00 per share

- 2025-07: $30.87 per share

- 2025-08: $26.45 per share

- 2025-09: $27.44 per share

- 2025-10: $24.36 per share

- 2025-11: $28.41 per share

- 2025-12: $28.77 per share

- 2026-01: $24.99 per share

- 2026-02: $20.35 per share

- 2026-03: $18.39 per share

- 2026-04: $18.58 per share

- 2026-05: $18.77 per share

- 2026-06: $24.05 per share

- 2026-07: $26.80 per share

- 2026-08: $28.83 per share

- 2026-09: $24.01 per share

- 2026-10: $25.02 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/2007596/000162828026016162/twfg-20251231.htm); period 2025-12-31, filed 2026-03-10.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.