← Skyward Specialty Insurance Group, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenues: | ||||||
| Comprehensive income | ||||||
| Net earned premiums | $499.8m | $616.0m | $829.1m | $1.1b | $1.3b | |
| Commission and fee income | $4.0m | $5.2m | $6.1m | $6.7m | $6.9m | |
| Net investment income | $24.6m | $36.9m | $40.3m | $80.7m | $83.6m | |
| Net investment gains | $17.1m | ($15.7m) | $11.1m | $6.3m | $22.1m | |
| Other loss | ($445k) | $1k | ($632k) | ($167k) | ($587k) | |
| Net change in unrealized gains on investments, net of tax | ($8.2m) | ($48.5m) | $25.5m | $9.8m | $33.1m | |
| Reclassification adjustment for gains (losses) on securities no longer held, net of tax | $597k | $420k | ($5.0m) | ($9.0m) | $485k | |
| Basic (in shares) | $16.3m | $16.6m | $36.0m | $40.1m | $40.4m | |
| Diluted (in shares) | $32.5m | $32.7m | $38.3m | $41.4m | $41.8m | |
| Total other comprehensive income | ($7.6m) | ($48.1m) | $20.5m | $833k | $33.6m | |
| Income before income taxes | $48.3m | $49.8m | $110.1m | $152.7m | $216.4m | |
| Net income | $38.3m | $39.4m | $86.0m | $118.8m | $170.0m | |
| Net income attributable to participating securities | $18.5m | $18.9m | $1.7m | $0 | $0 | |
| Net income attributable to common stockholders | $19.8m | $20.5m | $84.3m | $118.8m | $170.0m | |
| Basic earnings per share (in dollar per share) | $1.21 | $1.24 | $2.34 | $2.97 | $4.21 | |
| Diluted earnings per share (in dollar per share) | $1.18 | $1.21 | $2.24 | $2.87 | $4.07 | |
| Losses and loss adjustment expenses | $354.4m | $402.5m | $515.2m | $669.8m | $795.0m | |
| Underwriting, acquisition and insurance expenses | $138.5m | $182.2m | $243.4m | $311.8m | $377.4m | |
| Transaction costs | — | — | $0 | $0 | $14.0m | |
| Interest expense | $4.6m | $6.4m | $10.0m | $9.5m | $7.9m | |
| Amortization expense | $1.5m | $1.5m | $1.8m | $2.0m | $1.6m | |
| Other expenses | — | $0 | $5.4m | $4.4m | $4.2m | |
| Income tax expense | $10.0m | $10.4m | $24.1m | $33.9m | $46.4m | |
| Total expenses | $501.9m | $592.6m | $775.9m | $997.5m | $1.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.