Bowhead Specialty Holdings (BOW) Gross Margin (2023 - 2026)
Bowhead Specialty Holdings (BOW) posted Gross Margin of 41.24% for Q1 2026, up 28.14% sequentially from 32.19% in Q4 2025, and up 108.0% YoY from 19.83% in Q1 2025.
Bowhead Specialty Holdings (BOW) Gross Margin (2023 - 2026) Analysis & Trends
Bowhead Specialty Holdings has reported Gross Margin for 4 years, with the latest figure at 41.24% in Q1 2026.
- Quarterly Gross Margin rose 108.0% year-over-year to 41.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.43% (up 286.0% YoY) and the FY2025 annual result came in at 33.29%, down 229.0% from the prior year.
- Gross Margin grew to 41.24% in Q1 2026 per BOW's latest filing, from 32.19% in the prior quarter.
- Over five years, Gross Margin peaked at 42.85% in Q2 2023 and troughed at 15.03% in Q4 2024.
- A 4-year average of 35.65% and a median of 37.08% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin sank 1572 bps in 2024, then surged 1715 bps in 2025.
- Over 4 years, Gross Margin stood at 30.76% in 2023, then sank by 51 bps to 15.03% in 2024, then jumped by 114 bps to 32.19% in 2025, then rose by 28 bps to 41.24% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 41.24%, 32.19%, and 41.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 57.69% |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | 38.28% |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 44.93% |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 87.55% |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 55.85% |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 54.18% |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 70.46% |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 78.34% |
| 10 | Bowhead Specialty Holdings | 1.10 Bn | 958.67 Mn | 66.91 Mn | 40.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.84% |
| Mar 31, 2026 | 41.24% |
| Dec 31, 2025 | 32.19% |
| Sep 30, 2025 | 41.22% |
| Jun 30, 2025 | 33.77% |
| Mar 31, 2025 | 40.17% |
| Dec 31, 2024 | 15.03% |
| Sep 30, 2024 | 41.91% |
| Jun 30, 2024 | 34.49% |
| Mar 31, 2024 | 34.54% |
| Dec 31, 2023 | 30.76% |
| Sep 30, 2023 | 39.62% |
| Jun 30, 2023 | 42.85% |