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Stocks · Financials · Fire, Marine & Casualty Insurance

Skyward Specialty Insurance Group, Inc.

SKWD Clue Score79
United States Fiscal year ends December CIK 0001519449
$58.32 -1.67% Close, 9 Oct 2026
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Price $58.32 +98.71% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 13 Jan 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2021Revenue4.0Net income38.3EPS, diluted1.18Fiscal year 2022Revenue5.2 +30.9%Net income39.4 +2.8%EPS, diluted1.21 +2.5%Fiscal year 2023Revenue9.8 +88.9%Net income86.0 +118.3%EPS, diluted2.24 +85.1%Fiscal year 2024Revenue10.7 +8.7%Net income118.8 +38.2%EPS, diluted2.87 +28.1%Fiscal year 2025Revenue12.4 +16.0%Net income170.0 +43.1%EPS, diluted4.07 +41.8%
FY2021FY2022FY2023FY2024FY2025
Revenue 4.0 5.2 9.8 10.7 12.4
Growth +30.9% +88.9% +8.7% +16.0%
Net income 38.3 39.4 86.0 118.8 170.0
Growth +2.8% +118.3% +38.2% +43.1%
EPS, diluted 1.18 1.21 2.24 2.87 4.07
Growth +2.5% +85.1% +28.1% +41.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2021Net margin964.4%Free cash flow margin4,357.7%Fiscal year 2022Net margin757.8%Free cash flow margin3,974.1%Fiscal year 2023Net margin875.7%Free cash flow margin3,412.6%Fiscal year 2024Net margin1,113.0%Free cash flow margin2,818.4%Fiscal year 2025Net margin1,373.3%Free cash flow margin3,251.9%
FY2021FY2022FY2023FY2024FY2025
Net margin 964.4% 757.8% 875.7% 1,113.0% 1,373.3%
Free cash flow margin 4,357.7% 3,974.1% 3,412.6% 2,818.4% 3,251.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow175.3Capital expenditure−2.2Free cash flow173.1Fiscal year 2022Operating cash flow208.9Capital expenditure−2.3Free cash flow206.6 +19.3%Fiscal year 2023Operating cash flow338.2Capital expenditure−3.1Free cash flow335.1 +62.2%Fiscal year 2024Operating cash flow305.1Capital expenditure−4.2Free cash flow300.9 −10.2%Fiscal year 2025Operating cash flow408.1Capital expenditure−5.5Free cash flow402.6 +33.8%
FY2021FY2022FY2023FY2024FY2025
Operating cash flow 175.3 208.9 338.2 305.1 408.1
Capital expenditure −2.2 −2.3 −3.1 −4.2 −5.5
Free cash flow 173.1 206.6 335.1 300.9 402.6
Growth +19.3% +62.2% −10.2% +33.8%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2021Cash42.1Shareholders’ equity426.1Fiscal year 2022Cash45.4Shareholders’ equity421.7Fiscal year 2023Cash65.9Shareholders’ equity661.0Fiscal year 2024Cash121.6Shareholders’ equity794.0Fiscal year 2025Cash168.5Shareholders’ equity1,009.6
FY2021FY2022FY2023FY2024FY2025
Cash 42.1 45.4 65.9 121.6 168.5
Shareholders’ equity 426.1 421.7 661.0 794.0 1,009.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
1,215.9% 957.5% 1,121.3% 1,430.7% 1,748.0%
964.4% 757.8% 875.7% 1,113.0% 1,373.3%
4,357.7% 3,974.1% 3,412.6% 2,818.4% 3,251.9%
Spending
54.2% 44.7% 31.7% 39.6% 44.1%
20.7% 20.9% 21.9% 22.2% 21.4%
Returns
9.0% 9.3% 13.0% 15.0% 16.8%
1.8% 1.7% 2.9% 3.2% 3.5%
Balance and payout
79.9% 82.2% 77.6% 78.7% 78.9%