Bowhead Specialty Holdings Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:30:04Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Free Cash Flow | 326.02M | 291.18M | 232.41M | 177.67M |
| Net Debt | -44.11M | -93.18M | -117.37M | — |
| Net Margin | 9.75% | 8.98% | 8.84% | 6.00% |
| Return on Equity (ROE) | 12.00% | 10.33% | 13.04% | — |
| Return on Assets (ROA) | 2.27% | 2.31% | 2.44% | — |
| Debt-to-Equity | 0.33× | 0.01× | 0.00× | — |
| Effective Tax Rate | 20.08% | 24.32% | 22.01% | 23.22% |
| Cash Conversion Ratio | 6.16× | 7.70× | 9.43× | 16.14× |
| Accruals Ratio | -0.12× | -0.15× | -0.21× | — |
| SBC % of Revenue | 1.31% | 0.96% | 0.24% | 0.20% |
| CapEx Coverage | 59.53× | 94.57× | 61.86× | 45.73× |
| Free Cash Flow Per Share | $9.66 | $9.81 | $9.68 | $7.40 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| P/E Trailing (Diluted) | 17.95× | 27.53× | — | — |
| P/FCF | 2.95× | 3.62× | — | — |
| FCF Yield | 33.86% | 27.62% | — | — |
| P/S | 1.70× | 2.73× | — | — |
| P/B | 2.09× | 3.13× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Revenues | 551.59M | 425.66M | 283.40M | 187.60M |
| Operating Expenses | 102.26M | 89.11M | 63.46M | 45.99M |
| Income Tax Expense (Benefit) | 13.51M | 12.29M | 7.07M | 3.40M |
| Net Income (Loss) Attributable to Parent | 53.79M | 38.24M | 25.05M | 11.26M |
| Earnings Per Share, Basic | $1.64 | $1.31 | $1.04 | $0.47 |
| Weighted Average Number of Shares Outstanding, Basic | 32.74M | 29.26M | 24.00M | 24.00M |
| Earnings Per Share, Diluted | $1.59 | $1.29 | $1.04 | $0.47 |
| Weighted Average Number of Shares Outstanding, Diluted | 33.74M | 29.68M | 24.00M | 24.00M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 193.54M | 97.48M | 118.07M | 64.66M |
| Assets | 2.37B | 1.65B | 1.03B | — |
| Long-term Debt | 146.45M | 0 | — | — |
| Liabilities | 1.92B | 1.28B | 835.78M | — |
| Stockholders' Equity Attributable to Parent | 448.27M | 370.18M | 192.08M | — |
| Common Stock, Shares, Outstanding | 32.78M | 32.66M | 24.00M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2024 | FY 2024 |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 331.59M | 294.29M | 236.22M | 181.64M |
| Payments to Acquire Property, Plant, and Equipment | 5.57M | 3.11M | 3.82M | 3.97M |
| Net Cash Provided by (Used in) Investing Activities | -464.39M | -325.88M | -274.76M | -187.46M |
| Net Cash Provided by (Used in) Financing Activities | 144.52M | 133.89M | 77.66M | -1.00M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 64.17M | 58.64M | 267.38M | 153.91M | 46.49M | 60.91M |
| Net Debt | 49.33M | -44.11M | — | — | — | -93.18M |
| Net Margin | 10.28% | 9.79% | 10.54% | 9.26% | 9.31% | 11.40% |
| Return on Equity (ROE) | 3.50% | 3.31% | 3.53% | 3.03% | 2.92% | 3.68% |
| Return on Assets (ROA) | 0.65% | 0.63% | 0.72% | 0.64% | 0.65% | 0.82% |
| Debt-to-Equity | 0.32× | 0.33× | — | — | — | 0.01× |
| Effective Tax Rate | 22.17% | 16.64% | 20.57% | 22.46% | 21.04% | 25.44% |
| Cash Conversion Ratio | 4.09× | 4.05× | 17.89× | 12.70× | 4.18× | 4.51× |
| Accruals Ratio | -0.02× | -0.02× | -0.12× | -0.07× | -0.02× | -0.03× |
| SBC % of Revenue | 1.52% | 2.52% | 2.37% | 1.08% | 1.06% | 0.85% |
| CapEx Coverage | 50.82× | 39.75× | 66.91× | 56.07× | 38.70× | 121.15× |
| Free Cash Flow Per Share | $1.93 | $1.74 | $7.95 | $4.52 | $1.38 | $2.05 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 12.97× | 17.95× | 17.22× | 25.36× | 30.80× | 27.97× |
| P/S | 1.26× | 1.70× | 1.71× | 2.50× | 2.90× | 2.73× |
| P/B | 1.61× | 2.09× | 2.06× | 3.02× | 3.40× | 3.13× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 155.69M | 151.68M | 143.93M | 133.26M | 122.72M | 119.33M |
| Operating Expenses | 25.80M | 26.64M | 25.84M | 25.85M | 23.94M | 23.35M |
| Income Tax Expense (Benefit) | 4.56M | 2.96M | 3.93M | 3.57M | 3.04M | 4.64M |
| Net Income (Loss) Attributable to Parent | 16.01M | 14.84M | 15.18M | 12.34M | 11.43M | 13.61M |
| Earnings Per Share, Basic | $0.49 | $0.45 | $0.46 | $0.38 | $0.35 | $0.43 |
| Weighted Average Number of Shares Outstanding, Basic | 32.81M | 32.74M | 32.78M | 32.72M | 32.66M | 29.26M |
| Earnings Per Share, Diluted | $0.48 | $0.44 | $0.45 | $0.36 | $0.34 | $0.42 |
| Weighted Average Number of Shares Outstanding, Diluted | 33.28M | 33.74M | 33.65M | 34.05M | 33.71M | 29.68M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 97.19M | 193.54M | 197.85M | 114.82M | 88.05M | 97.48M |
| Assets | 2.48B | 2.37B | 2.09B | 1.94B | 1.75B | 1.65B |
| Long-term Debt | 146.51M | 146.45M | — | — | — | 0 |
| Liabilities | 2.02B | 1.92B | 1.66B | 1.53B | 1.36B | 1.28B |
| Stockholders' Equity Attributable to Parent | 457.90M | 448.27M | 430.23M | 407.20M | 390.95M | 370.18M |
| Common Stock, Shares, Outstanding | 32.84M | 32.78M | 32.78M | 32.78M | 32.66M | 32.66M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 65.46M | 60.15M | 271.44M | 156.70M | 47.72M | 61.42M |
| Payments to Acquire Property, Plant, and Equipment | 1.29M | 1.51M | 4.06M | 2.79M | 1.23M | 507.00K |
| Net Cash Provided by (Used in) Investing Activities | -156.91M | -221.67M | -242.72M | -212.50M | -146.33M | -1.14M |
| Net Cash Provided by (Used in) Financing Activities | -789.00K | 144.52M | 0 | 0 | 0 | 64.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (BOW CIK 0002002473),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.