SKWD
$61.67+1.73%
Skyward Specialty Insurance Group Inc.Stock · FinancialsRussell 2000 · 0.08% of IWMNasdaq Composite · 0.007% of ONEQUS Stock Market · 0.003% of VTIRussell 3000 · 0.003% of IWV
SKWD financial statements
The full income statement, balance sheet, and cash-flow statement for Skyward Specialty Insurance Group Inc. (SKWD), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 40.1M2024-09 40.1M2024-12 40.1M2025-03 40.4M2025-06 40.5M2025-09 40.5M2025-12 44.5M2026-03 40.5M2026-06 44.4M+10.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.42B+23.2% | 1.15B+29.8% | 886M+37.9% | 642M+16.8% | 550M | ||
| Noninterest income | 6.86M+2.3% | 6.70M+10.5% | 6.06M | — | — | |
| Amortization of intangibles | 1.31M+20.3% | 1.09M-27.5% | 1.50M+0.0% | 1.50M+4.1% | 1.44M | |
| Provision for credit losses | — | — | — | 632K+700.0% | 79.0K | |
| Interest expense | 7.92M-16.6% | 9.50M-5.3% | 10.0M+56.5% | 6.41M+38.6% | 4.62M | |
| Gain (loss) on equity securities | -22.9M-405.4% | 7.50M-34.9% | 11.5M+176.5% | -15.1M-198.7% | 15.3M | |
| Pre-tax income | 216M+41.7% | 153M+38.7% | 110M+121.2% | 49.8M+3.1% | 48.3M | |
| Income tax | 46.4M+36.8% | 33.9M+40.6% | 24.1M+132.2% | 10.4M+4.0% | 9.99M | |
| 170M+43.1% | 119M+38.2% | 86.0M+118.3% | 39.4M+2.8% | 38.3M | ||
| Income from continuing operations | 170M+43.1% | 119M+38.2% | 86.0M+118.3% | 39.4M+2.8% | 38.3M | |
| Net income to common | 170M+43.1% | 119M+40.9% | 84.3M+310.9% | 20.5M+3.6% | 19.8M | |
| $4.07+41.8% | $2.87+28.1% | $2.24+85.1% | $1.21+2.5% | $1.18 | ||
| EPS (basic) | $4.21+41.8% | $2.97+26.9% | $2.34+88.7% | $1.24+2.5% | $1.21 | |
| Weighted-avg shares (basic) | 40.4M+0.9% | 40.1M+11.2% | 36.0M+117.5% | 16.6M+1.6% | 16.3M | |
| Weighted-avg shares (diluted) | 41.8M+1.0% | 41.4M+8.0% | 38.3M+17.3% | 32.7M+0.6% | 32.5M | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 169M+38.6% | 122M+84.6% | 65.9M+45.0% | 45.4M+7.9% | 42.1M | |
| 4.79B+28.5% | 3.73B+26.3% | 2.95B+25.0% | 2.36B+11.6% | 2.12B | ||
| Property, plant & equipment | 15.1M+24.3% | 12.2M+34.3% | 9.07M+4.6% | 8.67M-9.9% | 9.63M | |
| Operating lease right-of-use | — | 3.13M-36.1% | 4.91M-40.3% | 8.21M-22.0% | 10.5M | |
| Goodwill | 65.7M+0.0% | 65.7M+0.0% | 65.7M+0.0% | 65.7M+0.0% | 65.7M | |
| Intangible assets | 22.3M+3.2% | 21.6M-4.8% | 22.7M-5.9% | 24.1M-5.7% | 25.6M | |
| Deferred tax assets | 27.9M-8.6% | 30.5M+38.6% | 22.0M-39.2% | 36.2M+7.5% | 33.7M | |
| 3.78B+28.8% | 2.94B+28.1% | 2.29B+18.1% | 1.94B+14.8% | 1.69B | ||
| Long-term debt | 100M+0.4% | 100M+100.0% | 50.0M+0.0% | 50.0M+0.0% | 50.0M | |
| Operating lease liability (total) | — | 3.21M-38.5% | 5.23M-39.3% | 8.62M-21.1% | 10.9M | |
| Deferred tax liabilities | 0.00 | — | — | — | — | |
| 1.01B+27.1% | 794M+20.1% | 661M+56.8% | 422M-1.0% | 426M | ||
| Preferred stock | — | — | 0.00-100.0% | 20.0K+0.0% | 20.0K | |
| Common stock | 405K+1.0% | 401K+0.5% | 399K+137.5% | 168K+0.0% | 168K | |
| Additional paid-in capital | 731M+1.7% | 719M+1.1% | 711M+23.1% | 577M+0.4% | 575M | |
| Retained earnings | 267M+175.1% | 97.1M+547.4% | -21.7M+79.4% | -105M+27.2% | -145M | |
| Treasury stock | 0.00 | — | 0.00-100.0% | 2.00K+0.0% | 2.00K | |
| Accumulated other comprehensive income | 11.5M+151.8% | -22.1M+3.6% | -23.0M+47.2% | -43.5M-1037.2% | 4.64M | |
| Total liabilities & equity | 4.79B+28.5% | 3.73B+26.3% | 2.95B+25.0% | 2.36B+11.6% | 2.12B | |
| Common shares issued | 40.5M+1.0% | 40.1M+0.7% | 39.9M+136.8% | 16.8M+0.4% | 16.8M | |
| Common shares outstanding | 40.5M+1.0% | 40.1M+0.7% | 39.9M | — | — | |
| Shares outstanding (cover) | 44.5M+10.8% | 40.1M+0.3% | 40.0M+6.2% | 37.7M | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 408M+33.7% | 305M-9.8% | 338M+61.9% | 209M+19.2% | 175M | ||
| Depreciation & amortization | 3.54M+5.3% | 3.36M-13.7% | 3.89M-5.0% | 4.10M-26.9% | 5.60M | |
| Intangible amortization | 1.31M+20.3% | 1.09M-27.5% | 1.50M+0.0% | 1.50M+4.1% | 1.44M | |
| Share-based compensation | 12.0M+27.3% | 9.39M+10.2% | 8.53M+272.8% | 2.29M+338.1% | 522K | |
| Deferred income taxes | -6.40M+26.5% | -8.71M-192.8% | 9.38M-8.6% | 10.3M+2.8% | 9.98M | |
| -367M-50.6% | -244M+50.7% | -494M-155.4% | -193M-5.7% | -183M | ||
| Capital expenditure | 5.45M+29.1% | 4.22M+35.9% | 3.11M+33.7% | 2.33M+7.9% | 2.15M | |
| Free cash flow | 403M+33.8% | 301M-10.2% | 335M+62.2% | 207M+19.3% | 173M | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | 184M+49.9% | 123M+150.6% | 49.0M+10.0% | 44.5M | — | |
| Other investing activities | — | — | — | 0.00+100.0% | -44.0K | |
| 411K+109.7% | -4.23M-103.2% | 131M+5906.7% | 2.18M+58.0% | 1.38M | ||
| Long-term debt issued | 43.4M-59.4% | 107M+114.0% | 50.0M | 0.00 | 0.00 | |
| Long-term debt repaid | 43.0M-63.2% | 117M+133.6% | 50.0M | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00-100.0% | 129M | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 41.6M-27.3% | 57.2M+331.8% | -24.7M-239.1% | 17.7M+379.4% | -6.35M | |
| Interest paid | 6.15M-28.3% | 8.57M-19.6% | 10.7M+85.2% | 5.76M+23.4% | 4.67M | |
| Income taxes paid | 51.0M+37.8% | 37.0M+134.2% | 15.8M | 0.00 | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.27B+12.1% | 2.03B+58.9% | 1.28B | — | — | |
| P/E | 13.4×-21.7% | 17.1×+3.1% | 16.5× | — | — | |
| P/S | 1.6×-9.0% | 1.8×+14.2% | 1.5× | — | — | |
| P/B | 2.3×-11.9% | 2.6×+7.1% | 2.4× | — | — | |
| P/FCF | 5.6×-16.3% | 6.7×+32.2% | 5.1× | — | — | |
| Earnings yield | 7.5%+27.7% | 5.9%-3.0% | 6.0% | — | — | |
| FCF yield | 17.7%+19.4% | 14.8%-24.4% | 19.6% | — | — | |
| Source filing | 10-K | 10-K/A | 10-K | 10-K | 10-K |
About this data
Source: SKWD’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SKWD filings on SEC EDGAR → Not investment advice.