Skyward Specialty Insurance (SKWD) Net Margin (2022 - 2026)
Skyward Specialty Insurance (SKWD) posted quarterly Net Margin of 11.46% for Q1 2026, down 134.0% year-over-year from 33.7% in Q1 2025, and up 24.27% quarter-over-quarter from 9.22% in Q4 2025.
Analysis
Skyward Specialty Insurance (SKWD) Net Margin (2022 - 2026) Analysis & Trends
Skyward Specialty Insurance (SKWD) has reported Net Margin for 5 consecutive years, with 11.46% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 134.0% year-over-year to 11.46%; the TTM figure through Mar 2026 stood at 11.46% (up 172.0% YoY), while the FY2025 annual figure was 12.0%, up 167.0% from the prior year.
- Net Margin grew to 11.46% in Q1 2026 per SKWD's latest filing, from 9.22% in the prior quarter.
- Across five years, Net Margin topped out at 15.35% in Q4 2023 and bottomed at 1.52% in Q3 2022.
- Historically, Net Margin has averaged 9.2% across 5 years, with a median of 10.01% in 2023.
- Annual changes were most pronounced in 2023 — Net Margin jumped 1059 bps — and 2024, when it tumbled 1162 bps.
- Skyward Specialty Insurance's Net Margin stood at 6.63% in 2022, then jumped by 132 bps to 15.35% in 2023, then slumped by 76 bps to 3.73% in 2024, then soared by 148 bps to 9.22% in 2025, then grew by 24 bps to 11.46% in 2026.
- Business Quant data shows SKWD's Net Margin at 11.46% in Q1 2026, 9.22% in Q4 2025, and 13.05% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.15 Bn | 117.38 Bn | 9.13 Bn | 18.22% |
| 2 | Progressive | 128.80 Bn | 123.80 Bn | 9.04 Bn | 14.02% |
| 3 | Travelers Companies | 76.99 Bn | 53.24 Bn | 6.23 Bn | 18.17% |
| 4 | Allstate | 66.35 Bn | 27.62 Bn | 16.28 Bn | 17.43% |
| 5 | Fairfax Financial Holdings | 35.82 Bn | 35.82 Bn | - | - |
| 6 | Cincinnati Financial | 26.40 Bn | 24.51 Bn | 2.39 Bn | 29.36% |
| 7 | Markel | 22.75 Bn | 5.86 Bn | 2.83 Bn | 29.09% |
| 8 | Loews | 22.37 Bn | 67.62 Mn | 2.57 Bn | 9.95% |
| 9 | Assurant | 14.04 Bn | 12.01 Bn | 2.71 Bn | 8.64% |
| 10 | Skyward Specialty Insurance | 2.51 Bn | 1.90 Bn | 212.79 Mn | 10.02% |
Historic Data
Download Data
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% |