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 93.7%, while the Insurance industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 38.1% per year. Skyward Specialty Insurance Group's return on equity is 16.4%, and it has net margins of 11.5%.
Key information
93.7%
Earnings growth rate
83.5%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 38.1% |
| Return on equity | 16.4% |
| Net Margin | 11.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Here'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 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 |
| 31 Dec 13 | 218 | 11 | 39 | 0 |
Quality Earnings: SKWD has high quality earnings.
Growing Profit Margin: SKWD's current net profit margins (11.5%) are higher than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKWD has become profitable over the past 5 years, growing earnings by 93.7% per year.
Accelerating Growth: SKWD's earnings growth over the past year (182.9%) exceeds its 5-year average (93.7% per year).
Earnings vs Industry: SKWD earnings growth over the past year (182.9%) exceeded the Insurance industry 27.7%.
Return on Equity
High ROE: SKWD's Return on Equity (16.4%) is considered low.