4 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 43.3% per year over the past 3 years.
Net income has grown faster than revenue (68.4% vs 43.3% per year).
Free cash flow has grown 22.4% per year over the past 3 years.
Financial health
The company holds more cash ($194M) than total debt ($146M).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$552M
$54M
0.0%
0.0%
12.0%
2.3%
$326M
$146M
$194M
2024
$426M
$38M
0.0%
0.0%
10.3%
2.3%
$291M
$0
$97M
2023
$283M
$25M
0.0%
0.0%
13.0%
2.4%
$232M
—
$118M
2022
$188M
$11M
0.0%
0.0%
—
—
$178M
—
$65M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$164M
$16M
0.0%
0.0%
3.4%
0.6%
$93M
$147M
$142M
Mar '26
$156M
$16M
0.0%
0.0%
3.5%
0.6%
$64M
$147M
$97M
Dec '25
$152M
$15M
0.0%
0.0%
3.3%
0.6%
$59M
$146M
$194M
Sep '25
$144M
$15M
0.0%
0.0%
3.5%
0.7%
$113M
—
$198M
Jun '25
$133M
$12M
0.0%
0.0%
3.0%
0.6%
$107M
—
$115M
Mar '25
$123M
$11M
0.0%
0.0%
2.9%
0.7%
$46M
—
$88M
Dec '24
$119M
$14M
0.0%
0.0%
3.7%
0.8%
$61M
$0
$97M
Sep '24
$117M
$12M
0.0%
0.0%
3.3%
0.8%
$118M
—
$133M
Jun '24
$99M
$6M
0.0%
0.0%
1.6%
0.4%
$71M
—
$180M
Mar '24
$91M
$7M
0.0%
0.0%
—
—
$41M
—
$73M
Dec '23
$83M
$5M
0.0%
0.0%
2.5%
0.5%
$60M
—
$118M
Sep '23
$76M
$9M
0.0%
0.0%
—
—
$87M
—
$127M
Jun '23
$65M
$7M
0.0%
0.0%
—
—
—
—
$73M
Mar '23
—
$5M
—
—
—
—
—
—
—
Valuation over time
How the market has priced BOW against its own fundamentals since 2024-05 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 35.5× (May '24) to 20.8× (Nov '26).
The price-to-sales ratio has fallen from 3.1× (May '24) to 2.0× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is BOW growing its revenue and profit?
Over the past 3 years, Bowhead Specialty Holdings Inc.'s revenue has grown 43.3% per year, and net income grown 68.4% per year. These are computed facts, not advice.
How much debt does BOW have?
As of FY2025, Bowhead Specialty Holdings Inc. reported $146M of total debt against $194M of cash.
What is BOW's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 9.8%.
What is BOW's P/E ratio?
Bowhead Specialty Holdings Inc.'s P/E (TTM) is 18.03 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BOW stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 20.8× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.