Ategrity Specialty Insurance Co vs Bowhead Specialty Holdings
Bowhead Specialty Holdings is the larger business, with $552m of revenue in fiscal 2025 against $424m for Ategrity Specialty Insurance Co (1.3 times as much). Bowhead Specialty Holdings grew faster (29.6% against 23.4%). Ategrity Specialty Insurance Co kept more of each dollar of sales as profit: a net margin of 17.4% against 9.8%. Ategrity Specialty Insurance Co carries less debt relative to equity (0.0% against 32.7%).
| Latest fiscal year | Ategrity Specialty Insurance CoASIC, 2025 | Bowhead Specialty HoldingsBOW, 2025 |
|---|---|---|
| Revenue | $424m | $552m |
| Revenue growth | 23.4% | 29.6% |
| Net income | $74.0m | $53.8m |
| Operating margin | — | — |
| Net margin | 17.4% | 9.8% |
| Return on equity | 14.6% | 13.1% |
| Free cash flow | $141m | $326m |
| Cash | $29.7m | $194m |
| Total debt | $0 | $146m |
| Debt to equity | 0.0% | 32.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $2.7m | — |
| Employees | 203 | 296 |
| Market value | $1.16bn | $1.13bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |