Bowhead Specialty Holdings Inc. (BOW) Financial Ratios
4 years of historical data (2022–2025) · Financial Services · Insurance - Property & Casualty
EV/EBITDA
↓
9.58
↓-32% vs avg
5yr avg: 14.09
30Y Low10.5·High17.7
P/FCF
↓
2.75
↓-16% vs avg
5yr avg: 3.28
30Y Low2.9·High3.6
P/B Ratio
↓
2.05
↓-18% vs avg
5yr avg: 2.49
30Y Low2.1·High2.8
ROE
↓
13.1%
-10% vs avg
5yr avg: 14.6%
30Y Low13%·High18%
Debt/EBITDA
N/A
—
5yr avg: 0.08
30Y Low0.1·High0.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BOW Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Bowhead Specialty Holdings Inc. trades at 17.2x earnings, 25% below its 5-year average of 22.7x, sitting at the 0th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 26%. On a free-cash-flow basis, the stock trades at 2.7x P/FCF, 16% below the 5-year average of 3.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Market Cap | $896M | $960M | $1.1B | — | — |
| Enterprise Value | $662M | $727M | $961M | — | — |
| P/E Ratio → | 17.16 | 17.95 | 27.53 | — | — |
| P/S Ratio | 1.62 | 1.74 | 2.48 | — | — |
| P/B Ratio | 2.05 | 2.14 | 2.85 | — | — |
| P/FCF | 2.75 | 2.95 | 3.62 | — | — |
| P/OCF | 2.70 | 2.90 | 3.58 | — | — |
P/E links to full P/E history page with 30-year chart
BOW EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Bowhead Specialty Holdings Inc.'s enterprise value stands at 9.6x EBITDA, 32% below its 5-year average of 14.1x. The Financial Services sector median is 11.4x, placing the stock at a 16% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| EV / Revenue | — | 1.32 | 2.26 | — | — |
| EV / EBITDA | 9.58 | 10.52 | 17.66 | — | — |
| EV / EBIT | 9.84 | 10.48 | 18.75 | — | — |
| EV / FCF | — | 2.23 | 3.30 | — | — |
BOW Profitability
Margins and return-on-capital ratios measuring operating efficiency
Bowhead Specialty Holdings Inc. earns an operating margin of 12.2%, below the Financial Services sector average of 20.3%. ROE of 13.1% is modest. ROIC of 20.5% represents excellent returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Gross Margin | 32.1% | 32.1% | 34.1% | 33.9% | 32.3% |
| Operating Margin | 12.2% | 12.2% | 11.9% | 11.3% | 7.8% |
| Net Profit Margin | 9.8% | 9.8% | 9.0% | 8.8% | 6.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | 13.1% | 13.1% | 13.6% | 18.2% | 13.5% |
| ROA | 2.7% | 2.7% | 2.9% | 3.1% | 2.0% |
| ROIC | 20.5% | 20.5% | 21.6% | 52.0% | 58.8% |
| ROCE | 3.3% | 3.3% | 3.8% | 4.0% | — |
BOW Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $234M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 34.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.01 | — | — |
| Debt / EBITDA | — | — | 0.08 | — | — |
| Net Debt / Equity | — | -0.52 | -0.25 | -0.61 | -0.78 |
| Net Debt / EBITDA | -3.38 | -3.38 | -1.71 | -3.43 | -4.20 |
| Debt / FCF | — | -0.72 | -0.32 | -0.51 | -0.36 |
| Interest Coverage | 34.45 | 34.45 | 70.70 | — | — |
Net cash position: cash ($234M) exceeds total debt ($0)
BOW Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Bowhead Specialty Holdings Inc.'s current ratio of 5110.75x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 701.49x to 5110.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 5110.75 | 5110.75 | 701.49 | — | — |
| Quick Ratio | 5110.75 | 5110.75 | 701.49 | — | — |
| Cash Ratio | 5110.75 | 5110.75 | 628.56 | — | — |
| Asset Turnover | — | 0.23 | 0.26 | 0.28 | 0.33 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — |
BOW Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Bowhead Specialty Holdings Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 5.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | 222.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | 5.8% | 5.6% | 3.6% | — | — |
| FCF Yield | 36.4% | 33.9% | 27.6% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $34M | $30M | $32M | $32M |
Peer Comparison
Compare BOW with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BOWYou | $896M | 17.2 | 9.6 | 2.7 | 32.1% | 12.2% | 13.1% | 20.5% | — |
 KNSL | $7B | 14.3 | 11.3 | 7.2 | 52.5% | 33.8% | 29.3% | 26.6% | 0.4 |
 RLI | $5B | 12.2 | 9.4 | 8.0 | 29.8% | 27.5% | 24.4% | 22.8% | 0.2 |
 JRVR | $182M | 5.0 | 5.0 | — | 28.4% | 7.4% | 7.5% | 5.9% | 6.6 |
 SKWD | $2B | 12.4 | 10.0 | 5.6 | 44.0% | 15.3% | 18.9% | 18.5% | 0.5 |
 HRTG | $706M | 3.7 | 0.9 | 4.1 | 63.0% | 30.6% | 49.1% | 1539.6% | 0.4 |
 WRB | $25B | 15.1 | 11.1 | 7.3 | 19.8% | 15.9% | 19.6% | 18.2% | 1.2 |
 MKL | $23B | 10.9 | 8.0 | 9.0 | 69.4% | 16.5% | 11.5% | 10.7% | 1.5 |
 HIG | $35B | 9.6 | 7.7 | 6.1 | 46.1% | 16.8% | 21.7% | 16.3% | 0.8 |
 CNA | $12B | 9.5 | 8.6 | 5.0 | 30.7% | 11.0% | 11.5% | 8.9% | 1.8 |
 ACGL | $32B | 7.8 | 6.6 | 5.3 | 37.2% | 25.0% | 19.5% | 15.4% | 0.5 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 4 years · Updated daily
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BOW — Frequently Asked Questions
Quick answers to the most common questions about buying BOW stock.
What is Bowhead Specialty Holdings Inc.'s P/E ratio?
Bowhead Specialty Holdings Inc.'s current P/E ratio is 17.2x. The historical average is 22.7x.
What is Bowhead Specialty Holdings Inc.'s EV/EBITDA?
Bowhead Specialty Holdings Inc.'s current EV/EBITDA is 9.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.1x.
What is Bowhead Specialty Holdings Inc.'s ROE?
Bowhead Specialty Holdings Inc.'s return on equity (ROE) is 13.1%. The historical average is 14.6%.
Is BOW stock overvalued?
Based on historical data, Bowhead Specialty Holdings Inc. is trading at a P/E of 17.2x. Compare with industry peers and growth rates for a complete picture.
What are Bowhead Specialty Holdings Inc.'s profit margins?
Bowhead Specialty Holdings Inc. has 32.1% gross margin and 12.2% operating margin. Operating margin between 10-20% is typical for established companies.