Skyward Specialty Insurance (SKWD) Operating Margin (2022 - 2026)
Skyward Specialty Insurance (SKWD) reported Operating Margin of 6.23% for Q1 2026, up 32.0% year-over-year from 4.72% in Q1 2025, and down 5.4% quarter-over-quarter from 6.59% in Q4 2025.
Skyward Specialty Insurance (SKWD) Operating Margin (2022 - 2026) Analysis & Trends
Skyward Specialty Insurance (SKWD) has 5 years of Operating Margin data on file, last reported at 6.23% in Q1 2026.
- Operating Margin for Q1 2026 came in at 6.23%, up 32.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.35% (down 23.0% YoY), and the FY2025 annual result was 6.41%, down 60.0% from the prior year.
- Operating Margin slipped to 6.23% in Q1 2026 per SKWD's latest filing, from 6.59% in the prior quarter.
- Over five years, Operating Margin peaked at 9.92% in Q1 2022 and troughed at 2.45% in Q1 2023.
- A 5-year average of 5.95% and a median of 6.23% in 2026 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 748 bps in 2023, then soared 530 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 2.68% in 2022, then soared by 86 bps to 4.98% in 2023, then rose by 8 bps to 5.36% in 2024, then gained by 23 bps to 6.59% in 2025, then slipped by 5 bps to 6.23% in 2026.
- Business Quant data shows SKWD's Operating Margin at 6.23% in Q1 2026, 6.59% in Q4 2025, and 6.3% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.57% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | -46.25% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 8.45% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 5.54% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 10.96% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 12.21% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -7.70% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 71.45% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 5.74% |
| 10 | Skyward Specialty Insurance | 2.04 Bn | 1.40 Bn | 373.92 Mn | 6.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.23% |
| Dec 31, 2025 | 6.59% |
| Sep 30, 2025 | 6.30% |
| Jun 30, 2025 | 6.29% |
| Mar 31, 2025 | 5.91% |
| Dec 31, 2024 | 5.36% |
| Sep 30, 2024 | 7.25% |
| Jun 30, 2024 | 8.55% |
| Mar 31, 2024 | 7.74% |
| Dec 31, 2023 | 4.98% |
| Sep 30, 2023 | 5.77% |
| Jun 30, 2023 | 4.08% |
| Mar 31, 2023 | 2.45% |
| Dec 31, 2022 | 2.68% |
| Sep 30, 2022 | 3.79% |
| Jun 30, 2022 | 7.21% |
| Mar 31, 2022 | 9.92% |