Skyward Specialty Insurance Group Past Earnings Performance
Past criteria checks 5/6
Skyward Specialty Insurance Group has been growing earnings at an average annual rate of 86.2%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 27.3% per year. Skyward Specialty Insurance Group's return on equity is 16.8%, and it has net margins of 12.2%.
Key information
86.2%
Earnings growth rate
76.1%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 27.3% |
| Return on equity | 16.8% |
| Net Margin | 12.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Skyward Specialty: Strong Long-Term Growth Potential Worth Adding To My Watchlist
Nov 25Skyward Specialty Shows Solid Growth
Nov 14Here's Why We Think Skyward Specialty Insurance Group (NASDAQ:SKWD) Is Well Worth Watching
Jul 17
Skyward Specialty Insurance Group, Inc. Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next
May 05Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) Not Lagging Market On Growth Or Pricing
Apr 29Is Now The Time To Put Skyward Specialty Insurance Group (NASDAQ:SKWD) On Your Watchlist?
Mar 30New Forecasts: Here's What Analysts Think The Future Holds For Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD)
Nov 14Skyward Specialty Insurance Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 12Revenue & Expenses Breakdown
How Skyward Specialty Insurance Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,092 | 134 | 0 | 0 |
| 30 Jun 24 | 1,030 | 118 | 0 | 0 |
| 31 Mar 24 | 961 | 107 | 0 | 0 |
| 31 Dec 23 | 886 | 84 | 0 | 0 |
| 30 Sep 23 | 827 | 66 | 0 | 0 |
| 30 Jun 23 | 746 | 42 | 0 | 0 |
| 31 Mar 23 | 680 | 26 | 0 | 0 |
| 31 Dec 22 | 642 | 21 | 0 | 0 |
| 30 Sep 22 | 601 | 11 | 0 | 0 |
| 30 Jun 22 | 580 | 18 | 0 | 0 |
| 31 Mar 22 | 568 | 21 | 0 | 0 |
| 31 Dec 21 | 545 | 20 | 0 | 0 |
| 31 Dec 20 | 452 | -75 | 0 | 0 |
Quality Earnings: SKWD has high quality earnings.
Growing Profit Margin: SKWD's current net profit margins (12.2%) are higher than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKWD's earnings have grown significantly by 86.2% per year over the past 5 years.
Accelerating Growth: SKWD's earnings growth over the past year (102.6%) exceeds its 5-year average (86.2% per year).
Earnings vs Industry: SKWD earnings growth over the past year (102.6%) exceeded the Insurance industry 35.6%.
Return on Equity
High ROE: SKWD's Return on Equity (16.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 22:21 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Skyward Specialty Insurance Group, Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tracy Dolin-Benguigui | Barclays |
| Alex Scott | Barclays |
| Michael Zaremski | BMO Capital Markets Equity Research |