Skyward Specialty Insurance (SKWD) Net Margin (2022 - 2026)
Skyward Specialty Insurance (SKWD) recorded Net Margin of 10.02% in Q2 2026, down 2.12 percentage points from 12.14% a year earlier and down 0.43 percentage points from the prior quarter.
Skyward Specialty Insurance (SKWD) Net Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Skyward Specialty Insurance's Net Margin came in at 10.84% as of Jun 30, 2026, up 0.31 percentage points year-over-year; for FY2025, it was 12.00%, up 1.67 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, with a four-year change of +8.40 percentage points (FY2021 to FY2025).
- Across earlier years, Net Margin came in at 10.33% in FY2024 (+0.82 pp), 9.52% in FY2023 (+6.32 pp), 3.19% in FY2022 (-0.41 pp) and 3.60% in FY2021.
- The Q2 2026 figure is the lowest quarterly Net Margin since Q4 2024.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -0.27 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 10.59 percentage points in Q3 2023, against a drop of 7.07 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.45% (Q1 2026), 11.21% (Q4 2025) and 12.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | 25.21% |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | 18.05% |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | 14.02% |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | 17.10% |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | 18.17% |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | 10.52% |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | 3.68% |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | 12.98% |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | 8.09% |
| 10 | Skyward Specialty Insurance | 2.37 Bn | 279.76 Mn | - | 10.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.02% |
| Mar 31, 2026 | 10.45% |
| Dec 31, 2025 | 11.21% |
| Sep 30, 2025 | 12.00% |
| Jun 30, 2025 | 12.14% |
| Mar 31, 2025 | 12.80% |
| Dec 31, 2024 | 4.73% |
| Sep 30, 2024 | 12.19% |
| Jun 30, 2024 | 11.06% |
| Mar 31, 2024 | 13.88% |
| Dec 31, 2023 | 11.81% |
| Sep 30, 2023 | 9.08% |
| Jun 30, 2023 | 9.24% |
| Mar 31, 2023 | 7.52% |
| Dec 31, 2022 | 5.69% |
| Sep 30, 2022 | -1.52% |
| Jun 30, 2022 | 1.80% |
| Mar 31, 2022 | 5.56% |
Skyward Specialty Insurance Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SKWD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SKWD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SKWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();