Bowhead Specialty Holdings (BOW) Operating Margin (2023 - 2026)
Bowhead Specialty Holdings (BOW) posted Operating Margin of 11.58% for Q1 2026, down 6.05% sequentially from 12.32% in Q4 2025, and up 134.0% YoY from 4.95% in Q1 2025.
Analysis
Bowhead Specialty Holdings (BOW) Operating Margin (2023 - 2026) Analysis & Trends
Bowhead Specialty Holdings has reported Operating Margin for 4 years, with the latest figure at 11.58% in Q1 2026.
- Quarterly Operating Margin rose 134.0% year-over-year to 11.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.44% (up 42.0% YoY) and the FY2025 annual result came in at 11.76%, up 134.0% from the prior year.
- Operating Margin slipped to 11.58% in Q1 2026 per BOW's latest filing, from 12.32% in the prior quarter.
- Over five years, Operating Margin peaked at 15.48% in Q4 2024 and troughed at 6.18% in Q2 2023.
- A 4-year average of 10.23% and a median of 10.04% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin soared 655 bps in 2024, then slumped 315 bps in 2025.
- Over 4 years, Operating Margin stood at 8.92% in 2023, then jumped by 73 bps to 15.48% in 2024, then fell by 20 bps to 12.32% in 2025, then declined by 6 bps to 11.58% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 11.58%, 12.32%, and 10.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 133.19 Bn | 119.42 Bn | 9.13 Bn | 11.13% |
| 2 | Progressive | 131.38 Bn | 126.38 Bn | 9.04 Bn | -43.89% |
| 3 | Travelers Companies | 78.15 Bn | 54.40 Bn | 6.23 Bn | 8.80% |
| 4 | Allstate | 67.34 Bn | 28.60 Bn | 16.28 Bn | 5.43% |
| 5 | Fairfax Financial Holdings | 49.72 Bn | 54.44 Bn | - | - |
| 6 | Cincinnati Financial | 26.82 Bn | 24.93 Bn | 2.39 Bn | 7.46% |
| 7 | Markel | 23.11 Bn | 6.23 Bn | 2.83 Bn | 38.83% |
| 8 | Loews | 22.59 Bn | 290.59 Mn | 2.57 Bn | 16.08% |
| 9 | Assurant | 14.24 Bn | 12.21 Bn | 2.71 Bn | 4.12% |
| 10 | Bowhead Specialty Holdings | 1.11 Bn | 967.22 Mn | 66.91 Mn | 11.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.49% |
| Mar 31, 2026 | 11.58% |
| Dec 31, 2025 | 10.91% |
| Sep 30, 2025 | 10.45% |
| Jun 30, 2025 | 10.26% |
| Mar 31, 2025 | 10.23% |
| Dec 31, 2024 | 10.22% |
| Sep 30, 2024 | 9.84% |
| Jun 30, 2024 | 8.87% |
| Mar 31, 2024 | 8.45% |
| Dec 31, 2023 | 8.19% |
| Sep 30, 2023 | 6.82% |
| Jun 30, 2023 | 6.18% |