Bowhead Specialty Holdings Inc.

Bowhead Specialty Holdings Inc.

BOW
Bowhead Specialty Holdings Inc.US flagNew York Stock Exchange
33.65
USD
+0.01
- -
1.11BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.95
8.99
13.03
16.82
18.74
Basic EPS, GAAP
0.36
0.79
1.17
1.64
1.89
Free Cash Flow per Basic Share
5.64
7.37
8.91
9.94
10.02
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
2.64
6.09
11.34
13.7
14.39
Tangible Book Value per Share
2.64
6.09
11.34
13.7
14.39
Basic Weighted Avg Shares
32
32
33
33
33
Sales/Revenue/Turnover
188
283
426
552
615
Operating Margin (%)
- -
- -
- -
- -
- -
Depreciation Expense
1
2
4
2
2
Net Income, GAAP
11
25
38
54
62
Effective Tax Rate (%)
23.22
22.01
24.32
20.08
20.45
Profit Margin (%)
6
8.84
8.99
9.75
10.11
Working Capital
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
146
147
Total Equity
83
192
370
449
474
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
18.19
13.79
11.47
13.32
Return on Common Equity (%)
- -
18.19
13.6
13.12
14.1

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
146
147
147
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
936
737
986

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
966
893
941
Accounts Receivable, Net
484
518
589
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
85
76
97
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
21.28%
Free Cash Flow
- -
- -
11.97%
Net Income, GAAP
- -
- -
40.64%
Sales/Revenue/Turnover
- -
- -
29.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
91
99
117
119
426
2025
123
133
144
152
552
2026
156
164
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.2
0.37
0.42
1.17
2025
0.35
0.38
0.46
0.45
1.64
2026
0.49
0.49
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Stephen Jay Sills
Full Time Employees
296
Sector
Financial Services
Industry
Insurance - Property & Casualty
Address
452 Fifth Avenue New York City NY United States of America 10018
IPO Date
May 23, 2024
Business
Bowhead Specialty Holdings Inc operates as a specialty lines insurance group primarily providing commercial specialty property and casualty insurance products in the United States. The company underwrites specialty casualty insurance for risks in construction, distribution, heavy manufacturing, real estate, public entity, and hospitality sectors; professional liability insurance including directors and officers liability, errors and omissions, employment practices, fiduciary liability, fidelity, and miscellaneous professional coverages; healthcare liability insurance for hospitals, senior care providers, managed care organizations, and miscellaneous medical facilities; and crime and cyber insurance for financial institutions. Bowhead also offers Baleen Specialty, a technology-driven underwriting platform focused on small to mid-sized risks that are typically hard to place in the admitted market. The company's policies are predominantly written on a non-admitted, excess and surplus lines basis allowing flexibility in coverage terms. Founded in 2019 and headquartered in New York, Bowhead Specialty Holdings has expanded its underwriting platform through strategic growth initiatives, including the launch of the Baleen Specialty division in 2024 which targets niche, small to medium-sized risks using a tech-enabled, streamlined underwriting process. In 2024, the company completed an upsized initial public offering, raising $131 million to support expansion. Most recently in November 2025, Bowhead closed a $150 million senior notes offering to enhance financial flexibility. The company has demonstrated significant growth with a 17.5% increase in gross written premiums in Q3 2025, driven by the Casualty division with a 20.4% increase, Healthcare Liability up 11.1%, Professional Liability gaining 1.7%, and Baleen Specialty surging 83.4% from the prior quarter. Bowhead’s underwriting approach combines "craft" underwriting with deep expertise and a technology-enabled "flow" approach aimed at operational efficiency and scaling specialty insurance products. Bowhead distributes its products through wholesale and retail distribution partners across the U.S., focusing on specialty lines clients requiring tailored insurance solutions beyond standard market offerings. The company targets niche markets across casualty, professional liability, healthcare liability, and specialty risks, leveraging underwriting expertise, technological innovation, and disciplined risk management to drive cross-cycle profitability and growth.

Company News

  • BOW Stock Alert: Halper Sadeh LLC is Investigating Whether Bowhead Specialty Holdings Inc. is Obtaining a Fair Price for its Shareholders

  • BOW Stock Alert: Halper Sadeh LLC is Investigating Whether Bowhead Specialty Holdings Inc. is Obtaining a Fair Price for its Shareholders

  • Are BWMN, DV, BOW, INVE Obtaining Fair Deals for their Shareholders?

  • BOW Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Bowhead Specialty Holdings to American Family Mutual Insurance

  • Are BOW, ATKR, SUPN Obtaining Fair Deals for their Shareholders?

  • Bowhead Specialty Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bowhead Specialty Holdings Inc. - BOW

  • Bowhead Specialty Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bowhead Specialty Holdings Inc. - BOW

  • AM Best Comments on Credit Ratings of American Family Insurance Group's Affiliates and Its Subsidiaries Following Announced Acquisition of Bowhead Specialty Holdings Inc.

  • BOW Investors Have Opportunity to Join Bowhead Specialty Holdings Inc. Fraud Investigation with SBS Law

  • Are BOW, UTZ, PSNL Obtaining Fair Deals for their Shareholders?

  • Bowhead Specialty Holdings Inc. (NYSE:BOW) Receives Average Recommendation of “Hold” from Brokerages

  • BOW Investors Have Opportunity to Join Bowhead Specialty Holdings Inc. Fraud Investigation with SBS Law

  • $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Bowhead Specialty Holdings Inc. (NYSE: BOW)

  • $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Bowhead Specialty Holdings Inc. (NYSE: BOW)

  • BOW Stock Alert: Halper Sadeh LLC is Investigating Whether Bowhead Specialty Holdings Inc. is Obtaining a Fair Price for its Shareholders

  • Shareholder Alert: Ademi LLP investigates whether Bowhead Specialty Holdings Inc. is obtaining a Fair Price for Public Shareholders

  • Shareholder Alert: Ademi LLP investigates whether Bowhead Specialty Holdings Inc. is obtaining a Fair Price for Public Shareholders

  • Bowhead Specialty Holdings Inc. (BOW) Reports Q2 Earnings: What Key Metrics Have to Say

  • Bowhead Specialty Holdings Inc. (BOW) Q2 Earnings Top Estimates

  • American Family to buy Bowhead Specialty in $1.2 billion deal