Saturday 17 October 2026
Export SKWD’s income statement to Excel — free account
Skyward Specialty Insurance Group, Inc.
SKWD Financial Insurance Property & Casualty
Skyward Specialty Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 23.2% from fiscal 2024. In the quarter to June 2026, revenue grew 53.0%, EPS grew 14.6%, free cash flow fell 23.6% and total debt rose 317.6%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
61.06
0.88
+1.46%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | |
|---|---|---|---|---|---|
Piotroski F-Score |
7 | 7 | 7 | — | — |
P/E ratio |
12.14 | 16.85 | 14.47 | 10.62 | 10.62 |
P/S ratio |
1.46 | 1.76 | 1.37 | 0.49 | 0.49 |
P/FCF ratio |
5.18 | 6.73 | 3.66 | 1.55 | 1.55 |
P/Operating CF |
39.89 | 92.44 | 10.15 | 3.77 | 3.77 |
P/B ratio |
2.05 | 2.55 | 1.84 | 0.75 | 0.75 |
Price to Tangible BV |
2.24 | 2.86 | 2.12 | 0.95 | 0.95 |
EV/Sales |
1.39 | 1.71 | 1.31 | 0.38 | 0.38 |
EV/EBITDA |
8.77 | 12.12 | 9.69 | 4.14 | 4.14 |
EV/Operating CF |
4.82 | 6.45 | 3.44 | 1.16 | 1.16 |
EV/FCF |
4.93 | 6.54 | 3.51 | 1.19 | 1.19 |
Quick Ratio |
0.52 | 0.48 | 0.41 | 0.47 | 0.49 |
Current Ratio |
0.52 | 0.48 | 0.41 | 0.47 | 0.49 |
Net Debt/EBITDA |
(0.43) | (0.35) | (0.41) | (1.24) | (0.93) |
Debt/Assets |
2.10% | 2.68% | 1.69% | 2.12% | 2.36% |
Debt/Equity |
0.10 | 0.13 | 0.08 | 0.12 | 0.12 |
Asset Turnover |
0.33 | 0.34 | 0.33 | 0.29 | 0.00 |
Operating CF/Net income |
2.40 | 2.57 | 4.01 | 10.18 | 8.85 |
Capex/Depreciation |
(2.11) | (1.26) | (0.81) | (0.57) | (0.26) |
Interest Coverage |
28.33 | 17.08 | 11.98 | 8.77 | 11.45 |
| 18.85% | 16.33% | 15.57% | 4.84% | 0.00% | |
| 3.99% | 3.56% | 3.17% | 0.92% | 0.00% | |
ROIC |
14.85% | 12.96% | 11.27% | 8.98% | 8.19% |
Return on Tangible Assets |
(9.86%) | (8.28%) | (6.79%) | (2.16%) | (2.48%) |
Average Days of Receivables |
428.79 | 374.30 | 319.52 | 409.40 | 430.22 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Intangible Assets out of Total Assets |
0.02 | 0.02 | 0.03 | 0.04 | 0.04 |
Share Based Compensation of Revenue |
0.84% | 0.82% | 0.96% | 0.36% | 0.09% |
Graham Net Nets |
(0.93) | (0.79) | (1.17) | (3.46) | (3.46) |
Graham Number |
48.65 | 36.58 | 31.01 | 32.08 | 0.00 |
Earnings Yield |
8.24% | 5.94% | 6.91% | 9.41% | 9.41% |
Free Cash Flow Yield |
19.30% | 14.86% | 27.30% | 64.40% | 64.40% |
Revenue per Share |
35.06 | 28.71 | 24.59 | 38.77 | 33.73 |
Operating CF per Share |
10.10 | 7.62 | 9.39 | 12.61 | 10.75 |
Capex per Share |
(0.18) | (0.11) | (0.09) | (0.14) | (0.13) |
Free Cash Flow per Share |
9.91 | 7.51 | 9.30 | 12.47 | 10.62 |
Cash per Share |
4.93 | 3.93 | 2.78 | 7.55 | 6.58 |
Shareholders Equity per Share |
24.98 | 19.82 | 18.35 | 25.45 | 26.13 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
24.98 | 19.82 | 18.35 | 25.45 | 26.13 |
Free Cash Flow |
400.62 | 300.89 | 335.03 | 206.61 | 173.13 |
Working Capital |
(1,725.05) | (1,435.80) | (1,242.16) | (950.88) | (797.76) |
Capital Expenditures |
(7.45) | (4.22) | (3.16) | (2.32) | (2.15) |
Net Current Asset Value |
(1,919.08) | (1,598.44) | (1,416.50) | (1,096.19) | (936.37) |
EV/EBIT |
8.77 | 12.12 | 9.69 | 4.30 | 4.30 |
Capex to Sales |
0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
9.54 | 13.25 | 11.03 | 6.10 | 6.10 |
| Other line items | |||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
30.60% | 28.61% | 41.29% | 34.63% | 29.68% |
Accounts Receivable Turnover |
1.00 | 1.18 | 1.18 | 0.94 | 0.00 |
Accounts Payable Turnover |
0.26 | 0.28 | 0.27 | 0.25 | 0.00 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
1,601.30 | 1,456.52 | 1,465.04 | 1,583.70 | 1,548.44 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
1,421.81 | 977.54 | 748.07 | 684.53 | — |
Average Payables |
3,080.35 | 2,370.46 | 1,907.27 | 1,624.99 | — |
Average Assets |
4,260.67 | 3,341.46 | 2,658.44 | 2,240.83 | — |
Average Common Equity |
901.78 | 727.51 | 541.34 | 423.85 | — |
Columns are period end dates