SKWD - NASDAQ

Skyward Specialty Insurance Group, Inc.

SKWD·NASDAQ

$42.73

-3.3%

Financial ServicesInsurance - Property & Casualty

Skyward Specialty Insurance Group, Inc., an insurance holding company, engages in underwriting commercial property and casualty insurance coverages in the United States. The company offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products. Skyward Specialty Insurance Group, Inc. was incorporated in 2006 and is headquartered in Houston, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.73B

EPS4.2100

P/E Ratio10.15

Earnings Date07/29/2026

408.08M

Operating Cash Flow

34%

3Y+95.0%

5Y+813.0%

10Y-

-366.90M

Investing Cash Flow

51%

3Y+90.0%

5Y+390.0%

10Y-

411.00K

Financing Cash Flow

-110%

3Y-81.0%

5Y-99.0%

10Y-

Skyward Specialty Insurance Group, Inc. Cash Conversion Engine

SKWD · NASDAQ

FCF Components

Net Income170.03M

Depreciation & Amortization3.54M

Stock-Based Compensation11.96M

Change in Working Capital274.04M

Others-51.48M

Capital Expenditures-5.45M

Free Cash Flow402.62M

Cash Flow Quality Analysis

FCF Conversion Rate

236.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

1.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+33.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$274.04M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Skyward Specialty Insurance Group, Inc. Cash Flow Statement

SKWD • NASDAQ

Skyward Specialty Insurance Group, Inc. Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2013	Dec 2012
OPERATING ACTIVITIES
Net Income	170M	118.8M	86M	39.4M	38.3M	-74.6M	10.9M	-1.2M
Depreciation & Amortization	3.5M	3.4M	3.9M	4.1M	5.6M	6M	0.0	0.0
Change in Deferred Taxes	0.0	-8.7M	9.4M	10.3M	10M	-19.6M	0.0	0.0
Stock-Based Compensation	12M	9.4M	8.5M	2.3M	522K	-25K	0.0	0.0
Other Non-Cash Items	-51.5M	-12.6M	-4.3M	-327K	-30.7M	53.3M	-10.9M	1.2M
Cash Taxes Paid	(0.0)	(37M)	(15.8M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Change in Working Capital	274M	194.8M	234.7M	153.2M	151.6M	79.7M	0.0	0.0
Cash from Operating Activities	408.1M	305.1M	338.2M	208.9M	175.3M	44.7M	0.0	0.0
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-5.5M	-4.2M	-3.1M	-2.3M	-2.2M	-2.1M	(0.0)	(0.0)
Acquisitions, Net	(0.0)	-32.2M	(0.0)	(0.0)	-2.4M	(0.0)	(0.0)	(0.0)
Purchase of Investments	-916.9M	-636.6M	-636.4M	-327.2M	-363.5M	-201.7M	(0.0)	(0.0)
Sale/Maturity of Investments	336.8M	383.7M	127.2M	138.8M	205.5M	160.3M	0.0	0.0
Other Investing Items	218.6M	45.5M	18.5M	-2.6M	-20.4M	-31.4M	0.0	0.0
Cash from Investing Activities	-366.9M	-243.7M	-493.8M	-193.4M	-183M	-74.9M	(0.0)	(0.0)
FINANCING ACTIVITIES
Net Issuance of Common Stock	0.0	5.6M	130.9M	2.2M	1.4M	-285K	0.0	0.0
Net Issuance of Debt	411K	-9.8M	1.4M	2.2M	1.4M	-33.8M	0.0	0.0
Share Repurchases	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-540K	(0.0)	(0.0)
Other Financing Items	0.0	0.0	-1.4M	-2.2M	-1.4M	0.0	0.0	0.0
Cash from Financing Activities	411K	-4.2M	130.9M	2.2M	1.4M	56.3M	0.0	0.0
CASH FLOW SUMMARY
Net Change in Cash	41.6M	57.2M	-24.7M	17.7M	-6.3M	26.1M	0.0	0.0
Cash at Beginning of Period	157.5M	100.3M	125M	107.3M	113.6M	87.5M	0.0	0.0
Cash at End of Period	199.1M	157.5M	100.3M	125M	107.3M	113.6M	0.0	0.0
Free Cash Flow	402.6M	300.9M	335M	206.6M	173.1M	42.6M	0.0	0.0

SEC Filings

SKWD - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 11, 2026	May 11, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 11, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 25, 2026	May 05, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	March 17, 2026	January 06, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 02, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 23, 2026	February 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 06, 2026	January 06, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 03, 2025	December 03, 2025	2025	View Filing

Showing 1 to 10 of 59 filings

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