Skyward Specialty (SKWD) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.1B
Net Income
118.8M
10.35%
Balance Sheet Metrics
Total Assets
3.7B
Total Liabilities
2.9B
Shareholders Equity
794.0M
Debt to Equity
3.70
Cash Flow Metrics
Operating Cash Flow
-262.4M
Free Cash Flow
300.9M
Revenue & Profitability Trend
Skyward Specialty Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.1B | 895.4M | 636.4M | 535.8M | 447.9M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 4.4M | 5.4M | 0 | 91.4M | 82.8M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 152.7M | 110.1M | 49.8M | 48.3M | -94.5M |
| Income Tax | 33.9M | 24.1M | 10.4M | 10.0M | -19.9M |
| Net Income | 118.8M | 86.0M | 39.4M | 38.3M | -74.6M |
| EPS (Diluted) | - | $2.24 | $1.05 | $0.53 | -$1.99 |
Income Statement Trend
Skyward Specialty Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 3.7B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 2.9B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 794.0M | 661.0M | 421.7M | 426.1M | 303.2M |
Balance Sheet Composition
Skyward Specialty Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 118.8M | 86.0M | 39.4M | 38.3M | -74.6M |
| Operating Cash Flow | -262.4M | 83.3M | -21.3M | 49.0M | -228.3M |
| Investing Activities | |||||
| Capital Expenditures | -4.2M | -3.1M | -2.3M | -2.2M | -2.1M |
| Investing Cash Flow | -285.2M | -496.7M | -183.6M | -169.3M | -93.9M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -4.2M | 130.2M | 2.2M | 1.4M | 56.3M |
| Free Cash Flow | 300.9M | 335.0M | 206.6M | 173.1M | 42.6M |
Cash Flow Trend
Skyward Specialty Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
19.73
Forward P/E
17.98
Price to Book
2.79
Price to Sales
1.96
PEG Ratio
17.98
Profitability Ratios
Profit Margin
10.23%
Operating Margin
16.21%
Return on Equity
16.09%
Return on Assets
2.87%
Financial Health
Current Ratio
1.90
Debt to Equity
14.05
Beta
0.78
Per Share Data
EPS (TTM)
$2.98
Book Value per Share
$21.06
Revenue per Share
$30.10
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| skwd | 2.4B | 19.73 | 2.79 | 16.09% | 10.23% | 14.05 |
| Progressive | 156.2B | 17.96 | 5.39 | 34.34% | 11.10% | 23.81 |
| Chubb | 115.5B | 13.89 | 1.76 | 12.86% | 15.03% | 29.87 |
| Old Republic | 9.4B | 12.45 | 1.57 | 12.67% | 9.38% | 26.74 |
| RLI | 6.8B | 24.31 | 4.21 | 17.99% | 16.22% | 7.15 |
| Hanover Insurance | 6.0B | 13.89 | 1.97 | 15.74% | 6.97% | 25.76 |
Financial data is updated regularly. All figures are in the company's reporting currency.