Skyward Specialty Insurance (SKWD) Return on Invested Capital [ROIC] (2023 - 2026)
Skyward Specialty Insurance's Return on Invested Capital [ROIC] was 16.12% in Q2 2026, up 0.66 percentage points from 15.46% a year earlier but down 0.46 percentage points from the prior quarter.
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Analysis
Skyward Specialty Insurance (SKWD) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Skyward Specialty Insurance came in at 19.13%, up 2.88 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for three consecutive years, with a three-year change of +10.28 percentage points (FY2022 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 16.25% in FY2024 (+1.12 pp), 15.13% in FY2023 (+6.28 pp) and 8.85% in FY2022.
- Quarterly Return on Invested Capital [ROIC] has moved between 8.19% (Q1 2023) and 18.17% (Q3 2024) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of +0.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2024 (a gain of 7.73 percentage points); the worst was Q3 2025 (a drop of 2.67 percentage points).
- Per Business Quant data, SKWD's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 16.58% (Q1 2026), 17.54% (Q4 2025) and 15.50% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | -11.59% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 12.87% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | 11.21% |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | -102.80% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 5.67% |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 14.78% |
| 10 | Skyward Specialty Insurance | 2.44 Bn | 347.69 Mn | - | 16.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.12% |
| Mar 31, 2026 | 16.58% |
| Dec 31, 2025 | 17.54% |
| Sep 30, 2025 | 15.50% |
| Jun 30, 2025 | 15.46% |
| Mar 31, 2025 | 15.55% |
| Dec 31, 2024 | 15.49% |
| Sep 30, 2024 | 18.17% |
| Jun 30, 2024 | 17.47% |
| Mar 31, 2024 | 15.92% |
| Dec 31, 2023 | 13.86% |
| Sep 30, 2023 | 13.90% |
| Jun 30, 2023 | 10.06% |
| Mar 31, 2023 | 8.19% |
API Access
Skyward Specialty Insurance Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SKWD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SKWD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();