Bowhead Specialty Holdings Inc. (BOW)
NYSE: BOW · Real-Time Price · USD
34.32
+0.10 (0.29%)
Nov 10, 2026, 4:00 PM EST - Market closed
BOW Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Net Income | 59.93 | 53.79 | 38.24 | 25.05 | 11.26 |
Depreciation & Amortization | 0.87 | -0.02 | 0.17 | 0.17 | 0.13 |
Other Amortization | 2.13 | 1.85 | 3.7 | 2.1 | 0.6 |
Gain (Loss) on Sale of Investments | -0.88 | -1.3 | -3.49 | -2.85 | -0.07 |
Stock-Based Compensation | 11.98 | 7.24 | 4.1 | 0.68 | 0.37 |
Change in Accounts Receivable | -7.47 | -20.74 | -24.86 | -9.33 | -1.95 |
Reinsurance Recoverable | -164.26 | -144.6 | -115.68 | -75.86 | -49.59 |
Change in Unearned Revenue | 106.86 | 105.74 | 102.15 | 112.96 | 89.87 |
Change in Income Taxes | -0.57 | -3.74 | 2.05 | -2.58 | 1.09 |
Change in Insurance Reserves / Liabilities | 397.18 | 373.08 | 325.67 | 224.14 | 159.1 |
Change in Other Net Operating Assets | -53.25 | -44.62 | -37.76 | -45.48 | -26.22 |
Other Operating Activities | -5.45 | -1.33 | -3.21 | -3.79 | -2.33 |
Operating Cash Flow | 412.06 | 331.59 | 294.29 | 236.23 | 181.64 |
Operating Cash Flow Growth | 23.79% | 12.68% | 24.58% | 30.05% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Capital Expenditures | -5.42 | -5.57 | -3.11 | -3.82 | -3.97 |
Investment in Securities | -527.14 | -458.82 | -322.77 | -270.95 | -183.49 |
Investing Cash Flow | -532.56 | -464.39 | -325.88 | -274.77 | -187.46 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Long-Term Debt Issued | - | 150 | - | - | - |
Net Debt Issued (Repaid) | 150 | 150 | - | - | - |
Issuance of Common Stock | - | - | 133.82 | 77.66 | 24 |
Repurchases of Common Stock | -4.01 | -1.84 | - | - | - |
Common Dividends Paid | - | - | - | - | -25 |
Other Financing Activities | -3.65 | -3.65 | 0.06 | - | - |
Financing Cash Flow | 142.34 | 144.52 | 133.89 | 77.66 | -1 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Miscellaneous Cash Flow Adjustments | - | - | - | 0 | - |
Net Cash Flow | 21.84 | 11.71 | 102.29 | 39.12 | -6.81 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Free Cash Flow | 406.64 | 326.02 | 291.18 | 232.41 | 177.67 |
Free Cash Flow Growth | 23.86% | 11.97% | 25.29% | 30.81% | - |
Free Cash Flow Margin | 63.24% | 59.10% | 68.41% | 82.01% | 94.71% |
Free Cash Flow Per Share | 12.04 | 9.66 | 9.81 | 9.68 | 7.40 |
Levered Free Cash Flow | 1,464 | 52.25 | -145.13 | 70.29 | - |
Unlevered Free Cash Flow | 1,471 | 53.51 | -144.68 | 70.29 | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Cash Income Tax Paid | 23.43 | 23.43 | 16.41 | 14.01 | 5.29 |
Change in Working Capital | 343.47 | 271.37 | 254.77 | 214.86 | 171.7 |