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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) 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 $245.4M, roughly 1.6× Douglas Elliman Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 11.2%, a 16.7% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 0.9%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $-14.7M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs 10.7%).
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
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.
DOUG vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $245.4M | $385.6M |
| Net Profit | $68.6M | $43.2M |
| Gross Margin | — | — |
| Operating Margin | 27.3% | 14.2% |
| Net Margin | 27.9% | 11.2% |
| Revenue YoY | 0.9% | 26.7% |
| Net Profit YoY | 1243.4% | 200.1% |
| EPS (diluted) | $0.80 | $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 | $245.4M | $385.6M | ||
| Q3 25 | $262.8M | $382.5M | ||
| Q2 25 | $271.4M | $319.9M | ||
| Q1 25 | $253.4M | $328.5M | ||
| Q4 24 | $243.3M | $304.4M | ||
| Q3 24 | $266.3M | $300.9M | ||
| Q2 24 | $285.8M | $279.9M | ||
| Q1 24 | $200.2M | $265.0M |
| Q4 25 | $68.6M | $43.2M | ||
| Q3 25 | $-24.7M | $45.9M | ||
| Q2 25 | $-22.7M | $38.8M | ||
| Q1 25 | $-6.0M | $42.1M | ||
| Q4 24 | $-6.0M | $14.4M | ||
| Q3 24 | $-27.2M | $36.7M | ||
| Q2 24 | $-1.7M | $31.0M | ||
| Q1 24 | $-41.5M | $36.8M |
| Q4 25 | 27.3% | 14.2% | ||
| Q3 25 | -4.1% | 15.8% | ||
| Q2 25 | -2.0% | 15.6% | ||
| Q1 25 | -2.1% | 15.7% | ||
| Q4 24 | -6.7% | 6.1% | ||
| Q3 24 | -2.8% | 15.6% | ||
| Q2 24 | -1.3% | 14.4% | ||
| Q1 24 | -20.7% | 17.7% |
| Q4 25 | 27.9% | 11.2% | ||
| Q3 25 | -9.4% | 12.0% | ||
| Q2 25 | -8.4% | 12.1% | ||
| Q1 25 | -2.4% | 12.8% | ||
| Q4 24 | -2.5% | 4.7% | ||
| Q3 24 | -10.2% | 12.2% | ||
| Q2 24 | -0.6% | 11.1% | ||
| Q1 24 | -20.7% | 13.9% |
| Q4 25 | $0.80 | $1.03 | ||
| Q3 25 | $-0.29 | $1.10 | ||
| Q2 25 | $-0.27 | $0.93 | ||
| Q1 25 | $-0.07 | $1.01 | ||
| Q4 24 | $-0.06 | $0.33 | ||
| Q3 24 | $-0.33 | $0.89 | ||
| Q2 24 | $-0.02 | $0.75 | ||
| Q1 24 | $-0.50 | $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 | $115.5M | $168.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $183.9M | $1.0B |
| Total Assets | $444.4M | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $115.5M | $168.5M | ||
| Q3 25 | $143.0M | $160.1M | ||
| Q2 25 | $136.3M | $136.6M | ||
| Q1 25 | $136.8M | $112.9M | ||
| Q4 24 | $145.5M | $121.6M | ||
| Q3 24 | $151.4M | $105.6M | ||
| Q2 24 | $92.9M | $73.0M | ||
| Q1 24 | $91.5M | $85.1M |
| Q4 25 | $183.9M | $1.0B | ||
| Q3 25 | $115.1M | $961.4M | ||
| Q2 25 | $137.6M | $899.9M | ||
| Q1 25 | $158.2M | $850.7M | ||
| Q4 24 | $162.2M | $794.0M | ||
| Q3 24 | $173.6M | $797.5M | ||
| Q2 24 | $196.9M | $723.6M | ||
| Q1 24 | $195.1M | $692.3M |
| Q4 25 | $444.4M | $4.8B | ||
| Q3 25 | $480.6M | $4.6B | ||
| Q2 25 | $489.0M | $4.3B | ||
| Q1 25 | $493.9M | $4.0B | ||
| Q4 24 | $493.9M | $3.7B | ||
| Q3 24 | $502.7M | $3.6B | ||
| Q2 24 | $463.9M | $3.4B | ||
| Q1 24 | $461.1M | $3.2B |
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 | $-14.4M | $408.1M |
| Free Cash FlowOCF − Capex | $-14.7M | $402.6M |
| FCF MarginFCF / Revenue | -6.0% | 104.4% |
| Capex IntensityCapex / Revenue | 0.1% | 1.4% |
| Cash ConversionOCF / Net Profit | -0.21× | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | $408.1M | ||
| Q3 25 | $5.5M | $171.4M | ||
| Q2 25 | $642.0K | $88.2M | ||
| Q1 25 | $-5.6M | $96.8M | ||
| Q4 24 | $-9.0M | $305.1M | ||
| Q3 24 | $9.0M | $168.0M | ||
| Q2 24 | $1.3M | $21.0M | ||
| Q1 24 | $-27.3M | $94.3M |
| Q4 25 | $-14.7M | $402.6M | ||
| Q3 25 | $4.7M | $168.9M | ||
| Q2 25 | $-575.0K | $87.1M | ||
| Q1 25 | $-6.7M | $96.6M | ||
| Q4 24 | $-10.2M | $300.9M | ||
| Q3 24 | $7.7M | $167.6M | ||
| Q2 24 | $432.0K | $18.4M | ||
| Q1 24 | $-29.4M | $94.0M |
| Q4 25 | -6.0% | 104.4% | ||
| Q3 25 | 1.8% | 44.2% | ||
| Q2 25 | -0.2% | 27.2% | ||
| Q1 25 | -2.6% | 29.4% | ||
| Q4 24 | -4.2% | 98.8% | ||
| Q3 24 | 2.9% | 55.7% | ||
| Q2 24 | 0.2% | 6.6% | ||
| Q1 24 | -14.7% | 35.5% |
| Q4 25 | 0.1% | 1.4% | ||
| Q3 25 | 0.3% | 0.6% | ||
| Q2 25 | 0.4% | 0.3% | ||
| Q1 25 | 0.4% | 0.1% | ||
| Q4 24 | 0.5% | 1.4% | ||
| Q3 24 | 0.5% | 0.1% | ||
| Q2 24 | 0.3% | 0.9% | ||
| Q1 24 | 1.0% | 0.1% |
| Q4 25 | -0.21× | 9.44× | ||
| Q3 25 | — | 3.73× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | — | 2.30× | ||
| Q4 24 | — | 21.18× | ||
| Q3 24 | — | 4.58× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 2.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
SKWD
Segment breakdown not available.
