Bowhead Specialty Holdings Inc.

Bowhead Specialty Holdings Inc.

BOW
Bowhead Specialty Holdings Inc.US flagNew York Stock Exchange
24.32
USD
-1.37
- -
798.62MMarket Cap
Bowhead Specialty Holdings Inc.
BOW
(New York Stock Exchange)

Recent

price

24.32

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
TTM
FRC
5.95
8.99
13.03
16.85
17.83
Revenue per Share
0.36
0.79
1.17
1.64
1.78
Basic EPS, GAAP
5.64
7.37
8.91
9.96
10.49
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
-0.01
0.79
1.94
3.57
4.06
Book Value per Share
2.64
6.09
11.34
13.72
14.01
Tangible Book Value per Share
32
32
33
33
33
Basic Weighted Avg Shares
188
283
426
552
584
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
Operating Margin (%)
1
2
4
2
2
Depreciation Expense
11
25
38
54
58
Net Income, GAAP
23.22
22.01
24.32
20.08
20.47
Effective Tax Rate (%)
6
8.84
8.99
9.75
9.99
Profit Margin (%)
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
146
147
LT Debt
83
192
370
449
459
Total Equity
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
204.26
88.02
33.91
35.17
Return on Capital (%)
- -
- -
86.78
59.68
56.21
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
146
147
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
884
934
735

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
842
966
893
Accounts Receivable, Net
427
484
518
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
82
85
76
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
- -
- -
- -
- -

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
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

APIChat
  • Bowhead Specialty Says AI Can Speed Underwriting Without Sacrificing Profit

  • Bowhead Specialty Holdings Inc. (BOW) Discusses Technology and AI Advancements in Specialty Insurance Underwriting and Operations Transcript

  • Bowhead Specialty Holdings Inc. (BOW) Q1 2026 Earnings Call Transcript

  • Bowhead Specialty Holdings Inc. (BOW) Reports Q1 Earnings: What Key Metrics Have to Say

  • Bowhead Specialty Holdings Inc. (BOW) Surpasses Q1 Earnings and Revenue Estimates

  • Bowhead Specialty Holdings Inc. Reports First Quarter 2026 Results

  • Bowhead Specialty Holdings Inc. (BOW) Reports Next Week: Wall Street Expects Earnings Growth

  • Bowhead Specialty (NYSE:BOW) and White Mountains Insurance Group (NYSE:WTM) Head to Head Review

  • Bowhead Specialty to Announce First Quarter 2026 Earnings on May 5, 2026; Also Announces Upcoming Investor Events

  • Bowhead Specialty Holdings Inc. (BOW) Q4 2025 Earnings Call Transcript

  • Bowhead Specialty Holdings Inc. (BOW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

  • Bowhead Specialty Holdings Inc. (BOW) Surpasses Q4 Earnings and Revenue Estimates

  • Bowhead Specialty Holdings Inc. Reports Fourth Quarter and Full Year 2025 Results

  • Bowhead Specialty to Announce Fourth Quarter 2025 Earnings on February 24, 2026; Also Announces Participation in Upcoming Investor Conferences

  • Bowhead Specialty Holdings Inc. (NYSE:BOW) Given Average Rating of “Moderate Buy” by Analysts

  • Bowhead Specialty (NYSE:BOW) Trading Down 5.6% on Analyst Downgrade

  • Bowhead Specialty Holdings Inc. (NYSE:BOW) Given Average Rating of “Moderate Buy” by Analysts

  • Can Bowhead Specialty Holdings Inc. (BOW) Run Higher on Rising Earnings Estimates?

  • Wall Street Analysts Think Bowhead Specialty Holdings Inc. (BOW) Could Surge 28.27%: Read This Before Placing a Bet

  • Bowhead Specialty Holdings Inc. Prices Senior Notes Offering