Skyward Specialty Insurance Group, Inc.

Skyward Specialty Insurance Group, Inc.

SKWD
Skyward Specialty Insurance Group, Inc.US flagNASDAQ Global Select
60.71
USD
+1.50
- -
2.46BMarket Cap
Skyward Specialty Insurance Group, Inc.
SKWD
(NASDAQ Global Select)

Recent

price

60.71

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
11.91
14.25
16.93
24.85
28.65
35.12
37.76
Revenue per Share
-1.99
1.02
1.05
2.39
2.97
4.21
4.28
Basic EPS, GAAP
1.13
4.6
5.5
9.3
7.51
9.91
10.19
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-4.87
-3.85
-2.8
-0.59
2.43
6.62
7.65
Book Value per Share
5.83
8.9
8.82
15.89
17.64
22.81
18.12
Tangible Book Value per Share
38
38
38
36
40
40
41
Basic Weighted Avg Shares
448
536
636
895
1,148
1,419
1,566
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
6
6
4
4
3
4
10
Depreciation Expense
-75
38
39
86
119
170
178
Net Income, GAAP
- -
20.68
20.86
21.91
22.2
21.44
21.74
Effective Tax Rate (%)
-16.67
7.15
6.19
9.6
10.35
11.98
11.35
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
Working Capital
128
129
129
79
120
120
77
LT Debt
303
426
422
661
794
1,010
1,225
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
-118.92
1,220.93
143.49
68.7
54.43
35.48
Return on Capital (%)
- -
- -
- -
- -
- -
93.15
77.78
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
43
- -
409
LT Borrowings
77
120
77
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
41
45
Market Capitalization
1,917
2,065
1,812

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,479
1,552
1,834
Accounts Receivable, Net
1,507
1,664
2,167
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
391
395
628
ST Debt
43
- -
409
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
28.7%
27.15%
Free Cash Flow
- -
82.1%
33.15%
Net Income, GAAP
- -
10.21%
43.09%
Sales/Revenue/Turnover
- -
26.19%
23.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
264
277
302
304
1,148
2025
331
321
382
386
1,419
2026
477
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.94
0.79
0.91
0.36
2.97
2025
1.05
0.96
1.13
1.07
4.21
2026
1.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) is a specialty insurance holding company that underwrites commercial property and casualty products and solutions on both non-admitted and admitted bases primarily in the United States. The company operates through nine underwriting divisions offering general liability; excess liability; professional liability; commercial auto; group accident and health; property; surety; agriculture and credit (re)insurance; workers' compensation; cannabis insurance; captives; construction and energy solutions; global property; specialty programs; and transactional excess and surplus lines. Skyward Specialty Insurance Group serves niche markets including brokers, agents, and clients in complex specialty segments such as industry solutions and programs, with operations across multiple U.S. locations including Houston, Texas; Scottsdale, Arizona; and Atlanta, Georgia. Founded in 2006 and headquartered in Houston, Texas, the company, formerly known as Houston International Insurance Group, Ltd. until its name change in November 2020, maintains insurance subsidiaries rated A (Excellent) with a stable outlook by AM Best. In September 2025, Skyward Specialty agreed to acquire Apollo Group Holdings Limited, a London-based specialist underwriting platform at Lloyd's of London, for $555 million in a deal comprising $371 million in cash and $184 million in stock, with regulatory and minority shareholder approvals secured by early December 2025 and closing expected in the first quarter of 2026 to expand its international presence and add over $1.5 billion in managed premium. Recent leadership enhancements include the promotion of John Burkhart to President, U.S. Property & Casualty, in November 2025 and the addition of Christopher Peirce to its board effective February 2026.

Company News

APIChatGPT
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  • Skyward Specialty to Host Second Quarter 2026 Earnings Call Wednesday, August 5, 2026

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  • Here's Why SKWD Shares Are Attracting Prudent Investors Now

  • Skyward Specialty: A Good Combination Of Value And Growth Following Its De-Rating

  • Wall Street Analysts Think Skyward (SKWD) Could Surge 31.4%: Read This Before Placing a Bet

  • Skyward (SKWD) Down 3.3% Since Last Earnings Report: Can It Rebound?

  • Wall Street Analysts Believe Skyward (SKWD) Could Rally 27.56%: Here's is How to Trade

  • Here's Why Skyward Specialty Insurance (SKWD) is a Strong Momentum Stock

  • Skyward Specialty Appoints Melissa Goto to Lead E&S Brokerage and Inland Marine Businesses

  • Skyward Specialty Appoints Melissa Goto to Lead E&S Brokerage and Inland Marine Businesses

  • Skyward Specialty Insurance Group Q1 Earnings Call Highlights

  • Skyward Specialty Insurance Group, Inc. (SKWD) Q1 2026 Earnings Call Transcript