Skyward Specialty Insurance Group Debt-to-Equity Ratio Growth & History (SKWD)
Skyward Specialty Insurance Group's debt-to-equity ratio was 0.12 for fiscal 2025.
View full Skyward Specialty Insurance Group company overviewSkyward Specialty Insurance Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.12 | 0.11 | +2836.86% |
| 2024 | 2024-12-31 | 0.00 | −0.00 | −48.83% |
| 2023 | 2023-12-31 | 0.01 | −0.01 | −61.29% |
| 2022 | 2022-12-31 | 0.02 | −0.01 | −20.28% |
| 2021 | 2021-12-31 | 0.03 | — | — |
Skyward Specialty Insurance Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.34 | 0.21 | +159.64% |
| Q1 2026 | 2026-03-31 | 0.40 | — | — |
| Q4 2025 | 2025-12-31 | 0.12 | 0.11 | +2836.86% |
| Q3 2025 | 2025-09-30 | 0.12 | — | — |
| Q2 2025 | 2025-06-30 | 0.13 | — | — |
| Q4 2024 | 2024-12-31 | 0.00 | −0.00 | −48.83% |
| Q4 2023 | 2023-12-31 | 0.01 | −0.01 | −61.29% |
| Q4 2022 | 2022-12-31 | 0.02 | −0.01 | −20.28% |
| Q4 2021 | 2021-12-31 | 0.03 | — | — |
Skyward Specialty Insurance Group debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Skyward Specialty Insurance Group's debt-to-equity ratio increased from 0.03 to 0.12, a change of 0.09. The latest reported quarter, Q2 2026, shows 0.34.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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