Bowhead Specialty Holdings BOW Incurred but not reported (IBNR) claims liability, net

Segments

Underwriting Division$210.79M+42.2%

Revenue$155.7M+26.9%

Net income$16.0M+40.1%

EPS (diluted)$0.48+41.2%

Cash & equivalents$141.5M+14.6%

Total debt$146.5M—

Total equity$457.9M+17.1%

Total assets$2.5B+41.4%

Operating cash flow$65.5M+37.2%

CapEx$1.3M+4.5%

Free cash flow$64.2M+38.0%

Market cap$928M-22.4%

Enterprise value$932.99M—

P/E15.9×-12.1×

P/S1.6×-1.0×

Net margin10%+0.7pp

FCF margin58.8%-6.0pp

Return on equity13.8%—

Debt / equity0.3×—