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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
Skyward Specialty Insurance Group, Inc. is the larger business by last-quarter revenue ($385.6M vs $233.0M, roughly 1.7× CSW INDUSTRIALS, INC.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 11.2% vs 4.4%, a 6.8% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 20.3%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $22.7M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs 5.1%).
Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.
CSW vs SKWD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $385.6M |
| Net Profit | $10.3M | $43.2M |
| Gross Margin | 39.7% | — |
| Operating Margin | 7.4% | 14.2% |
| Net Margin | 4.4% | 11.2% |
| Revenue YoY | 20.3% | 26.7% |
| Net Profit YoY | -61.9% | 200.1% |
| EPS (diluted) | $0.62 | $1.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $233.0M | $385.6M | ||
| Q3 25 | $277.0M | $382.5M | ||
| Q2 25 | $263.6M | $319.9M | ||
| Q1 25 | $230.5M | $328.5M | ||
| Q4 24 | $193.6M | $304.4M | ||
| Q3 24 | $227.9M | $300.9M | ||
| Q2 24 | $226.2M | $279.9M | ||
| Q1 24 | $210.9M | $265.0M |
| Q4 25 | $10.3M | $43.2M | ||
| Q3 25 | $40.7M | $45.9M | ||
| Q2 25 | $40.9M | $38.8M | ||
| Q1 25 | $35.1M | $42.1M | ||
| Q4 24 | $26.9M | $14.4M | ||
| Q3 24 | $36.1M | $36.7M | ||
| Q2 24 | $38.6M | $31.0M | ||
| Q1 24 | $31.8M | $36.8M |
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 44.2% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 44.4% | — |
| Q4 25 | 7.4% | 14.2% | ||
| Q3 25 | 20.5% | 15.8% | ||
| Q2 25 | 20.8% | 15.6% | ||
| Q1 25 | 19.5% | 15.7% | ||
| Q4 24 | 15.3% | 6.1% | ||
| Q3 24 | 22.6% | 15.6% | ||
| Q2 24 | 24.3% | 14.4% | ||
| Q1 24 | 21.0% | 17.7% |
| Q4 25 | 4.4% | 11.2% | ||
| Q3 25 | 14.7% | 12.0% | ||
| Q2 25 | 15.5% | 12.1% | ||
| Q1 25 | 15.2% | 12.8% | ||
| Q4 24 | 13.9% | 4.7% | ||
| Q3 24 | 15.8% | 12.2% | ||
| Q2 24 | 17.1% | 11.1% | ||
| Q1 24 | 15.1% | 13.9% |
| Q4 25 | $0.62 | $1.03 | ||
| Q3 25 | $2.41 | $1.10 | ||
| Q2 25 | $2.43 | $0.93 | ||
| Q1 25 | $2.05 | $1.01 | ||
| Q4 24 | $1.60 | $0.33 | ||
| Q3 24 | $2.26 | $0.89 | ||
| Q2 24 | $2.47 | $0.75 | ||
| Q1 24 | $2.03 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.2M | $168.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $1.0B |
| Total Assets | $2.3B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $168.5M | ||
| Q3 25 | $31.5M | $160.1M | ||
| Q2 25 | $38.0M | $136.6M | ||
| Q1 25 | $225.8M | $112.9M | ||
| Q4 24 | $213.8M | $121.6M | ||
| Q3 24 | $273.2M | $105.6M | ||
| Q2 24 | $18.9M | $73.0M | ||
| Q1 24 | $22.2M | $85.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $1.1B | $961.4M | ||
| Q2 25 | $1.1B | $899.9M | ||
| Q1 25 | $1.1B | $850.7M | ||
| Q4 24 | $1.0B | $794.0M | ||
| Q3 24 | $1.0B | $797.5M | ||
| Q2 24 | $650.2M | $723.6M | ||
| Q1 24 | $615.7M | $692.3M |
| Q4 25 | $2.3B | $4.8B | ||
| Q3 25 | $1.5B | $4.6B | ||
| Q2 25 | $1.5B | $4.3B | ||
| Q1 25 | $1.4B | $4.0B | ||
| Q4 24 | $1.4B | $3.7B | ||
| Q3 24 | $1.4B | $3.6B | ||
| Q2 24 | $1.1B | $3.4B | ||
| Q1 24 | $1.0B | $3.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.9M | $408.1M |
| Free Cash FlowOCF − Capex | $22.7M | $402.6M |
| FCF MarginFCF / Revenue | 9.8% | 104.4% |
| Capex IntensityCapex / Revenue | 2.6% | 1.4% |
| Cash ConversionOCF / Net Profit | 2.81× | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $408.1M | ||
| Q3 25 | $61.8M | $171.4M | ||
| Q2 25 | $60.6M | $88.2M | ||
| Q1 25 | $27.3M | $96.8M | ||
| Q4 24 | $11.6M | $305.1M | ||
| Q3 24 | $66.8M | $168.0M | ||
| Q2 24 | $62.7M | $21.0M | ||
| Q1 24 | $22.4M | $94.3M |
| Q4 25 | $22.7M | $402.6M | ||
| Q3 25 | $58.7M | $168.9M | ||
| Q2 25 | $57.7M | $87.1M | ||
| Q1 25 | $22.8M | $96.6M | ||
| Q4 24 | $8.5M | $300.9M | ||
| Q3 24 | $61.3M | $167.6M | ||
| Q2 24 | $59.6M | $18.4M | ||
| Q1 24 | $17.5M | $94.0M |
| Q4 25 | 9.8% | 104.4% | ||
| Q3 25 | 21.2% | 44.2% | ||
| Q2 25 | 21.9% | 27.2% | ||
| Q1 25 | 9.9% | 29.4% | ||
| Q4 24 | 4.4% | 98.8% | ||
| Q3 24 | 26.9% | 55.7% | ||
| Q2 24 | 26.3% | 6.6% | ||
| Q1 24 | 8.3% | 35.5% |
| Q4 25 | 2.6% | 1.4% | ||
| Q3 25 | 1.1% | 0.6% | ||
| Q2 25 | 1.1% | 0.3% | ||
| Q1 25 | 2.0% | 0.1% | ||
| Q4 24 | 1.6% | 1.4% | ||
| Q3 24 | 2.4% | 0.1% | ||
| Q2 24 | 1.4% | 0.9% | ||
| Q1 24 | 2.3% | 0.1% |
| Q4 25 | 2.81× | 9.44× | ||
| Q3 25 | 1.52× | 3.73× | ||
| Q2 25 | 1.48× | 2.27× | ||
| Q1 25 | 0.78× | 2.30× | ||
| Q4 24 | 0.43× | 21.18× | ||
| Q3 24 | 1.85× | 4.58× | ||
| Q2 24 | 1.62× | 0.68× | ||
| Q1 24 | 0.71× | 2.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
SKWD
Segment breakdown not available.
