Baird 2024 Annual ReportSTABILITY.
CONSISTENCY.
STRENGTH.
2024 Financial Information
Baird Financial Group is the ultimate parent company of all of Baird’s global operations. Our primary businesses are wealth management, capital markets, asset management and private equity. We are privately held and employee-owned.
Baird Financial Group: Financial Highlights
| Operating Results | Financial Position | Other | |||||
|---|---|---|---|---|---|---|---|
| Net Revenues (Millions) |
Operating Income (Millions) |
Total Assets (Millions) | Stockholders' Equity (Millions) | Associates | Financial Advisors | Client Assets1 (Billions) | |
| 2024 | $3,512 | $674 | $5,455 | $2,198 | 5,304 | 1,396 | $495 |
| 2023 | $2,913 | $509 | $4,700 | $1,945 | 5,174 | 1,390 | $432 |
| 2022 | $2,786 | $477 | $4,452 | $1,905 | 5,077 | 1,393 | $376 |
| 2021 | $3,412 | $609 | $4,614 | $1,609 | 4,703 | 1,309 | $416 |
| 2020 | $2,330 | $360 | $3,507 | $1,288 | 4,512 | 1,292 | $359 |
| 2019 | $2,060 | $262 | $3,343 | $1,176 | 4,641 | 1,298 | $309 |
| 2018 | $1,784 | $244 | $3,235 | $950 | 3,642 | 937 | $208 |
| 2017 | $1,533 | $199 | $3,122 | $737 | 3,410 | 858 | $203 |
| 2016 | $1,390 | $155 | $2,613 | $632 | 3,410 | 877 | $171 |
| 2015 | $1,286 | $154 | $2,793 | $670 | 3,312 | 872 | $151 |
1Client assets include brokerage and advisory client assets.
Financial information does not reflect the consolidation of certain private equity partnerships.
Baird Financial Group: Shareholder Highlights
| Per-Share Data | Associate Ownership | ||||||
|---|---|---|---|---|---|---|---|
| Year-End Book Value | Cash Dividends Paid | Book Value Plus Cash Dividends | Annual Increase in Book Value Including Current Year Cash Dividends Paid | % of Associates Who Are Shareholders | |||
| 2024 | $30.56 | $3.50 | $34.06 | 24.3% | 79.6% | ||
| 2023 | $27.40 | $4.80 | $32.20 | 18.6% | 78.4% | ||
| 2022 | $27.14 | $1.50 | $28.64 | 19.9% | 70.1% | ||
| 2021 | $23.88 | $2.50 | $26.38 | 33.4% | 67.2% | ||
| 2020 | $19.77 | $1.83 | $21.60 | 21.8% | 67.8% | ||
| 2019 | $17.74 | $0.83 | $18.57 | 14.2% | 65.5% | ||
| 2018 | $16.26 | $- | $16.26 | 22.6% | 65.7% | ||
| 2017 | $13.26 | $0.70 | $13.96 | 20.8% | 65.8% | ||
| 2016 | $11.56 | $2.50 | $14.06 | 12.5% | 63.8% | ||
| 2015 | $12.49 | $0.67 | $13.16 | 13.2% | 63.0% | ||
Book value and dividends have been restated to reflect any previous stock splits.
Note: Baird stock performance is based on the change in book value per share for Baird Financial Group common stock and includes cumulative cash dividends. Baird stock returns do not assume dividend reinvestment. Baird is privately held and no public market exists for its shares. Baird can repurchase shares of Baird stock at book value when associates leave the firm. Past performance does not guarantee future results.
