Skip to main content
logo
Bowhead Specialty Holdings Inc. (BOW)
NYSE: BOW · Real-Time Price · USD
30.59
+0.14 (0.46%)
At close: Jul 31, 2026, 4:00 PM EDT
31.14
+0.55 (1.80%)
After-hours: Jul 31, 2026, 7:42 PM EDT

BOW Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22
Net Income
58.3753.7938.2425.0511.26
Depreciation & Amortization
21.783.872.270.73
Stock-Based Compensation
8.297.244.10.680.37
Other Adjustments
-5.27-2.59-6.7-6.63-2.4
Changes in Receivables
-15.05-24.18-27.72-12.76-2.88
Changes in Reinsurance Contract Assets
-188.89-183.86-151.52-118.05-77.2
Changes in Deferred Acquisition Costs
-11.89-7.66-8.22-5.74-5.76
Changes in Accounts Payable
16.2413.9211.4216.755.15
Changes in Accrued Expenses
5.311.043.112.872.26
Changes in Unearned Premiums
103.57105.74102.15112.9689.87
Changes in Claims Reserves
375.58373.08325.67224.14159.1
Changes in Income Taxes Payable
0.61-1.261.53-1.481.09
Changes in Other Operating Activities
-0.47-5.45-1.65-3.840.07
Operating Cash Flow
349.32331.59294.29236.23181.64
Operating Cash Flow Growth
16.40%12.68%24.58%30.05%-

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22
Capital Expenditures
-5.63-5.57-3.11-3.82-3.97
Purchases of Investments
-819.96-828.16-612.94-367.25-198.29
Proceeds from Sale of Investments
340.61369.34290.1696.314.81
Investing Cash Flow
-474.97-464.39-325.88-274.77-187.46

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22
Long-Term Debt Issued
-150---
Long-Term Debt Repaid
--0.04---
Net Long-Term Debt Issued (Repaid)
-149.96---
Issuance of Common Stock
--1.84133.8977.6624
Net Common Stock Issued (Repurchased)
--1.84133.8977.6624
Other Financing Activities
--3.6---25
Financing Cash Flow
-144.52133.8977.66-1

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22
Net Cash Flow
18.0811.71102.2939.12-6.81

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22
Free Cash Flow
343.7326.02291.18232.41177.67
Free Cash Flow Growth
15.89%11.97%25.29%30.81%-
FCF Margin
58.79%59.11%68.41%82.01%94.71%
Free Cash Flow Per Share
10.229.669.819.687.40
Levered Free Cash Flow
-20.78122.43-4.1926.9823.48
Unlevered Free Cash Flow
-12.64-21.58-0.0627.4723.48
SEC Filings: 10-K · 10-Q