Skyward Specialty Insurance Group, Inc. Common Stock

NASDAQ:SKWD USA Insurance - Property & Casualty
Market Cap
$1.99 Billion
Market Cap Rank
#5478 Global
#3229 in USA
Share Price
$45.04
Change (1 day)
+0.78%
52-Week Range
$42.80 - $65.00
All Time High
$65.00
About

Skyward Specialty Insurance Group, Inc., an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, agriculture, credit, and workers' compensation insurance products, as well as cannabis insurance. The company… Read more

Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) - Net Assets

Latest net assets as of September 2025: $961.42 Million USD

Based on the latest financial reports, Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) has net assets worth $961.42 Million USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.59 Billion) and total liabilities ($3.63 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $961.42 Million
% of Total Assets 20.93%
Annual Growth Rate 13.44%
5-Year Change 947.42%
10-Year Change N/A
Growth Volatility 187.41

Skyward Specialty Insurance Group, Inc. Common Stock - Net Assets Trend (2013–2024)

This chart illustrates how Skyward Specialty Insurance Group, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Skyward Specialty Insurance Group, Inc. Common Stock (2013–2024)

The table below shows the annual net assets of Skyward Specialty Insurance Group, Inc. Common Stock from 2013 to 2024.

Year Net Assets Change
2024-12-31 $794.00 Million +20.12%
2023-12-31 $661.03 Million +56.77%
2022-12-31 $421.66 Million -1.04%
2021-12-31 $426.08 Million +462.07%
2020-12-31 $75.81 Million -61.77%
2013-12-31 $198.28 Million --

Equity Component Analysis

This analysis shows how different components contribute to Skyward Specialty Insurance Group, Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 27210100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $97.12 Million 12.23%
Common Stock $401.00K 0.05%
Other Comprehensive Income $-22.12 Million -2.79%
Other Components $718.60 Million 90.50%
Total Equity $794.00 Million 100.00%

Skyward Specialty Insurance Group, Inc. Common Stock Competitors by Market Cap

The table below lists competitors of Skyward Specialty Insurance Group, Inc. Common Stock ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Skyward Specialty Insurance Group, Inc. Common Stock's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 661,031,000 to 793,999,000, a change of 132,968,000 (20.1%).
  • Net income of 118,828,000 contributed positively to equity growth.
  • New share issuances of 5,562,000 increased equity.
  • Other comprehensive income increased equity by 833,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $118.83 Million +14.97%
Share Issuances $5.56 Million +0.7%
Other Comprehensive Income $833.00K +0.1%
Other Changes $7.75 Million +0.98%
Total Change $- 20.12%

Book Value vs Market Value Analysis

This analysis compares Skyward Specialty Insurance Group, Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.35x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 8.54x to 2.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 $5.27 $45.04 x
2020-12-31 $2.17 $45.04 x
2021-12-31 $13.12 $45.04 x
2022-12-31 $11.21 $45.04 x
2023-12-31 $17.25 $45.04 x
2024-12-31 $19.19 $45.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Skyward Specialty Insurance Group, Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 14.97%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.35%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 4.70x
  • Recent ROE (14.97%) is above the historical average (-7.78%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 5.49% 4.98% 0.23x 4.71x $-8.95 Million
2020 -98.47% -16.67% 0.92x 6.43x $-82.22 Million
2021 8.99% 7.15% 0.25x 4.97x $-4.29 Million
2022 9.34% 6.19% 0.27x 5.62x $-2.77 Million
2023 13.01% 9.60% 0.30x 4.47x $19.88 Million
2024 14.97% 10.35% 0.31x 4.70x $39.43 Million

Industry Comparison

This section compares Skyward Specialty Insurance Group, Inc. Common Stock's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

  • Industry: Insurance - Property & Casualty
  • Average net assets among peers: $3,948,110,200
  • Average return on equity (ROE) among peers: 16.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Skyward Specialty Insurance Group, Inc. Common Stock (SKWD) $961.42 Million 5.49% 3.78x $1.67 Billion
American Coastal Insurance Corp (ACIC) $45.29 Million -2.04% 3.72x $250.00 Million
American Financial Group Inc (AFG) $1.95 Billion -0.76% 7.91x $8.54 Billion
AmTrust Financial Services Inc Pref Series A (AFSIA) $118.83 Million 11.87% 3.19x $1.69 Billion
Aspen Insurance Holdings Limited (AHL) $2.39 Billion 15.82% 1.78x $14.67 Million
American Integrity Insurance Group, Inc. (AII) $337.02 Million 29.56% 2.63x $227.08 Million
Assurant Inc (AIZ) $3.37 Billion 2.66% 6.24x $10.74 Billion
The Allstate Corporation (ALL) $30.61 Billion 33.59% 2.91x $53.61 Billion
Admiral Group plc (AMIGF) $68.95 Million 44.87% 4.47x $10.33 Billion
Ategrity Specialty Insurance Company Holdings (ASIC) $398.81 Million 11.81% 1.82x $155.46 Million
Bowhead Specialty Holdings Inc. (BOW) $192.08 Million 13.04% 4.35x $707.67 Million