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Wednesday 4 November 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.

Revenue
+53.0%
EPS
+14.6%
Free cash flow
−23.6%
Total debt
+317.6%

Quarter to June 2026, against a year earlier

62.07 1.18 +1.94%
Market cap
$2.7B
P/E
13.8×
Fwd P/E
13.6×
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Skyward Specialty Insurance Group, Inc. (SKWD) Debt to equity

Alert me on Debt to equity

Skyward Specialty Insurance Group, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 0.2× from fiscal 2025 (0.1×). Over the past ten years it has ranged from 0.1× (fiscal 2023) to 0.1× (fiscal 2024); the current reading is higher than 40% of that period. That is above the Insurance Property & Casualty industry median of 0.2× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.1× (20.97%)
FY2024 0.1× 66.53%
FY2023 0.1× (36.26%)
FY2022 0.1× 1.11%
FY2021 0.1× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× (13.47%)
Mar 2026 0.4× 282.71%
Dec 2025 0.1× (4.33%)
Sep 2025 0.1× (6.39%)
15 more quarters

Against its own ten years

Low 0.1× High 0.1×
Ten-year median 0.1×
Current reading's percentile 40

Debt to equity against peers

Company Debt to equity
SLDE Slide Insurance Holdings, Inc. compare 0.0×
SAFT Safety Insurance Group, Inc. compare 0.1×
HCI HCI Group, Inc. compare 0.1×
PLMR Palomar Holdings, Inc. compare 0.3×
SKWD Skyward Specialty Insurance Group, Inc. 0.3×
HMN Horace Mann Educators Corporation compare 0.4×
LMND Lemonade, Inc. compare 0.4×
KMPR Kemper Corporation compare 0.4×
PRCH Porch Group, Inc. compare 13.6×
Insurance Property & Casualty industry median 0.2×
Financial sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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