# Bowhead Specialty Holdings Inc. (BOW)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Market cap:** $933M  
**Price:** $27.66 (+2.14%)

> Bowhead Specialty Holdings Inc. is a specialized insurance underwriter dedicated to providing unique and tailored risk management solutions. Through its focused approach, Bowhead addresses the complex and niche segments of the insurance market, offering products that cater to specific industries and specialized business needs. The company's expertise spans across various sectors, including technology, healthcare, and construction, ensuring comprehensive coverage for organizations facing distinctive challenges. Bowhead Specialty Holdings Inc. plays a crucial role in the financial market by filling the gap for non-standard insurance requirements that are not typically covered by traditional insurance companies. By doing so, it not only supports businesses in managing their risks effectively but also contributes to market stability by dispersing niche risks. This strategic positioning in the market helps Bowhead to maintain its essential role in the specialized insurance sector.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $552M | — | — | $54M | — |
| 2024 | $426M | — | — | $38M | — |
| 2023 | $283M | — | — | $25M | — |
| 2022 | $188M | — | — | $11M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.37B | $1.92B | $448M | $194M | $146M |
| 2024 | $1.65B | $1.28B | $370M | $97M | — |
| 2023 | $1.03B | $836M | $192M | $118M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $332M | $6M | $326M |
| 2024 | $294M | $3M | $291M |
| 2023 | $236M | $4M | $232M |
| 2022 | $182M | $4M | $178M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BOW)