Skyward Specialty Insurance Group, Inc. (SKWD)

Skyward Specialty Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,665	1,331	1,061	660.04	505.47	343.39
Investments in Equity & Preferred Securities	146.81	204.85	228.9	206.96	201.48	124.47
Other Investments	258.82	308.11	274.08	163.51	212.89	292.18
Total Investments	2,081	1,871	1,614	1,082	949.36	765.28
Cash & Equivalents	136.62	121.6	65.89	45.44	42.11	63.46
Reinsurance Recoverable	1,230	1,062	782.46	739	719.3	724.41
Other Receivables	518.44	321.64	179.24	139.22	112.16	114.3
Deferred Policy Acquisition Cost	140.9	113.18	91.96	68.94	59.46	53.52
Property, Plant & Equipment	-	15.31	13.98	16.89	20.16	22.63
Goodwill	-	65.73	65.73	65.73	65.73	64.05
Other Intangible Assets	88.8	21.61	22.7	24.14	25.6	19.96
Restricted Cash	36.55	35.92	34.45	79.57	65.17	50.17
Long-Term Deferred Tax Assets	28.73	30.49	21.99	36.19	33.66	41.52
Other Long-Term Assets	75.74	71.38	61.37	65.96	25.5	29.34
Total Assets	4,336	3,729	2,953	2,363	2,118	1,949
Accounts Payable	102.3	72.99	45.65	39.88	29.84	28.63
Insurance & Annuity Liabilities	1,919	1,782	1,315	1,142	979.55	856.78
Unearned Premiums	869.02	677.62	589.59	472.36	393.79	378.38
Reinsurance Payable	299.48	177.07	150.16	113.7	119.92	124.13
Long-Term Debt	119.55	119.54	128.69	128.61	128.53	128.45
Long-Term Leases	-	3.21	5.23	8.62	10.92	11.59
Other Long-Term Liabilities	127.38	102.67	58.59	36.86	29.59	27.16
Total Liabilities	3,436	2,935	2,292	1,942	1,692	1,555
Preferred Stock, Convertible	-	-	-	0.02	0.02	90.3
Common Stock	0.41	0.4	0.4	0.17	0.17	0.17
Additional Paid-In Capital	724.16	718.6	710.86	577.29	575.16	476.48
Retained Earnings	178.02	97.12	-21.71	-105.42	-144.81	-183.13
Treasury Stock	-	-	-	-0	-0	-0
Comprehensive Income & Other	-2.67	-22.12	-28.52	-50.4	-4.45	9.71
Total Common Equity	899.92	794	661.03	421.64	426.06	303.22
Shareholders' Equity	899.92	794	661.03	421.66	426.08	393.53
Total Liabilities & Equity	4,336	3,729	2,953	2,363	2,118	1,949
Filing Date Shares Outstanding	40.49	40.13	40	37.66	16.53	16.21
Total Common Shares Outstanding	40.49	40.13	39.86	16.6	16.53	16.21
Total Debt	119.55	122.75	133.92	137.23	139.45	140.04
Net Cash (Debt)	17.06	-1.15	-68.03	-91.79	-97.34	-76.59
Net Cash Per Share	0.41	-0.03	-1.78	-2.81	-3.00	-4.72
Book Value Per Share	22.23	19.79	16.58	25.40	25.77	18.70
Tangible Book Value	811.12	706.65	572.6	331.77	334.72	219.21
Tangible Book Value Per Share	20.03	17.61	14.36	19.99	20.25	13.52
Machinery	-	4.51	5.03	7.23	7.48	29.3
Leasehold Improvements	-	3.06	1.89	2.67	2.76	2.78

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q