Kinsale Capital Group vs Skyward Specialty Insurance Group
Kinsale Capital Group is the larger business, with $1.87bn of revenue in fiscal 2025 against $1.42bn for Skyward Specialty Insurance Group (1.3 times as much). Skyward Specialty Insurance Group grew faster (23.2% against 18.0%). Kinsale Capital Group kept more of each dollar of sales as profit: a net margin of 26.9% against 12.0%. Skyward Specialty Insurance Group carries less debt relative to equity (0.0% against 11.5%).
| Latest fiscal year | Kinsale Capital GroupKNSL, 2025 | Skyward Specialty Insurance GroupSKWD, 2025 |
|---|---|---|
| Revenue | $1.87bn | $1.42bn |
| Revenue growth | 18.0% | 23.2% |
| Net income | $504m | $170m |
| Operating margin | — | — |
| Net margin | 26.9% | 12.0% |
| Return on equity | 29.3% | 18.9% |
| Free cash flow | $990m | $403m |
| Cash | $163m | $169m |
| Total debt | $226m | $0 |
| Debt to equity | 11.5% | 0.0% |
| Dividend per share | $0.68 | — |
| Dividend yield | 0.3% | — |
| Share buybacks | $90.0m | — |
| Employees | 720 | 611 |
| Market value | $8.64bn | $2.72bn |
| Price vs our value range | — | — |
| Moat score | 84 (Strong) | — |
| Insider trades, 12 months | 15 buys, 11 sales | 11 buys, 9 sales |