vs
Side-by-side financial comparison of KEMPER Corp (KMPR) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
KEMPER Corp is the larger business by last-quarter revenue ($1.1B vs $385.6M, roughly 2.9× Skyward Specialty Insurance Group, Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 11.2% vs -0.7%, a 11.9% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs -4.7%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $166.2M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs -0.5%).
Kemper Corporation is an American insurance provider with corporate headquarters located in Chicago, Illinois. With nearly $13 billion in assets, the Kemper family of companies provides insurance to individuals, families, and businesses.
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.
KMPR vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $385.6M |
| Net Profit | $-8.0M | $43.2M |
| Gross Margin | — | — |
| Operating Margin | — | 14.2% |
| Net Margin | -0.7% | 11.2% |
| Revenue YoY | -4.7% | 26.7% |
| Net Profit YoY | -108.2% | 200.1% |
| EPS (diluted) | $-0.03 | $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 | $1.1B | $385.6M | ||
| Q3 25 | $1.2B | $382.5M | ||
| Q2 25 | $1.2B | $319.9M | ||
| Q1 25 | $1.2B | $328.5M | ||
| Q4 24 | $1.2B | $304.4M | ||
| Q3 24 | $1.2B | $300.9M | ||
| Q2 24 | $1.1B | $279.9M | ||
| Q1 24 | $1.1B | $265.0M |
| Q4 25 | $-8.0M | $43.2M | ||
| Q3 25 | $-21.0M | $45.9M | ||
| Q2 25 | $72.6M | $38.8M | ||
| Q1 25 | $99.7M | $42.1M | ||
| Q4 24 | $97.4M | $14.4M | ||
| Q3 24 | $73.7M | $36.7M | ||
| Q2 24 | $75.4M | $31.0M | ||
| Q1 24 | $71.3M | $36.8M |
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 15.8% | ||
| Q2 25 | — | 15.6% | ||
| Q1 25 | — | 15.7% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | 11.2% | 15.6% | ||
| Q2 24 | 10.1% | 14.4% | ||
| Q1 24 | 7.6% | 17.7% |
| Q4 25 | -0.7% | 11.2% | ||
| Q3 25 | -1.7% | 12.0% | ||
| Q2 25 | 5.9% | 12.1% | ||
| Q1 25 | 8.4% | 12.8% | ||
| Q4 24 | 8.2% | 4.7% | ||
| Q3 24 | 6.3% | 12.2% | ||
| Q2 24 | 6.7% | 11.1% | ||
| Q1 24 | 6.2% | 13.9% |
| Q4 25 | $-0.03 | $1.03 | ||
| Q3 25 | $-0.34 | $1.10 | ||
| Q2 25 | $1.12 | $0.93 | ||
| Q1 25 | $1.54 | $1.01 | ||
| Q4 24 | $1.51 | $0.33 | ||
| Q3 24 | $1.14 | $0.89 | ||
| Q2 24 | $1.16 | $0.75 | ||
| Q1 24 | $1.10 | $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 | — | $168.5M |
| Total DebtLower is stronger | $943.5M | — |
| Stockholders' EquityBook value | $2.7B | $1.0B |
| Total Assets | $12.5B | $4.8B |
| Debt / EquityLower = less leverage | 0.35× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $168.5M | ||
| Q3 25 | $371.2M | $160.1M | ||
| Q2 25 | $407.6M | $136.6M | ||
| Q1 25 | $545.3M | $112.9M | ||
| Q4 24 | $1.0B | $121.6M | ||
| Q3 24 | $696.9M | $105.6M | ||
| Q2 24 | $539.1M | $73.0M | ||
| Q1 24 | $520.7M | $85.1M |
| Q4 25 | $943.5M | — | ||
| Q3 25 | $943.1M | — | ||
| Q2 25 | $942.6M | — | ||
| Q1 25 | $942.1M | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
| Q4 25 | $2.7B | $1.0B | ||
| Q3 25 | $2.7B | $961.4M | ||
| Q2 25 | $370.0M | $899.9M | ||
| Q1 25 | $366.0M | $850.7M | ||
| Q4 24 | $2.8B | $794.0M | ||
| Q3 24 | $2.8B | $797.5M | ||
| Q2 24 | $358.0M | $723.6M | ||
| Q1 24 | $2.6B | $692.3M |
| Q4 25 | $12.5B | $4.8B | ||
| Q3 25 | $12.4B | $4.6B | ||
| Q2 25 | $12.6B | $4.3B | ||
| Q1 25 | $12.5B | $4.0B | ||
| Q4 24 | $12.6B | $3.7B | ||
| Q3 24 | $12.6B | $3.6B | ||
| Q2 24 | $12.6B | $3.4B | ||
| Q1 24 | $12.6B | $3.2B |
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 2.55× | — | ||
| Q1 25 | 2.57× | — | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 0.50× | — | ||
| Q2 24 | 3.88× | — | ||
| Q1 24 | 0.54× | — |
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 | $175.0M | $408.1M |
| Free Cash FlowOCF − Capex | $166.2M | $402.6M |
| FCF MarginFCF / Revenue | 14.7% | 104.4% |
| Capex IntensityCapex / Revenue | 0.8% | 1.4% |
| Cash ConversionOCF / Net Profit | — | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | $553.9M | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $175.0M | $408.1M | ||
| Q3 25 | $139.9M | $171.4M | ||
| Q2 25 | $89.6M | $88.2M | ||
| Q1 25 | $180.0M | $96.8M | ||
| Q4 24 | $175.1M | $305.1M | ||
| Q3 24 | $141.9M | $168.0M | ||
| Q2 24 | $22.9M | $21.0M | ||
| Q1 24 | $43.0M | $94.3M |
| Q4 25 | $166.2M | $402.6M | ||
| Q3 25 | $133.4M | $168.9M | ||
| Q2 25 | $82.0M | $87.1M | ||
| Q1 25 | $172.3M | $96.6M | ||
| Q4 24 | $165.4M | $300.9M | ||
| Q3 24 | $131.4M | $167.6M | ||
| Q2 24 | $5.2M | $18.4M | ||
| Q1 24 | $27.7M | $94.0M |
| Q4 25 | 14.7% | 104.4% | ||
| Q3 25 | 10.8% | 44.2% | ||
| Q2 25 | 6.7% | 27.2% | ||
| Q1 25 | 14.4% | 29.4% | ||
| Q4 24 | 13.9% | 98.8% | ||
| Q3 24 | 11.1% | 55.7% | ||
| Q2 24 | 0.5% | 6.6% | ||
| Q1 24 | 2.4% | 35.5% |
| Q4 25 | 0.8% | 1.4% | ||
| Q3 25 | 0.5% | 0.6% | ||
| Q2 25 | 0.6% | 0.3% | ||
| Q1 25 | 0.6% | 0.1% | ||
| Q4 24 | 0.8% | 1.4% | ||
| Q3 24 | 0.9% | 0.1% | ||
| Q2 24 | 1.6% | 0.9% | ||
| Q1 24 | 1.3% | 0.1% |
| Q4 25 | — | 9.44× | ||
| Q3 25 | — | 3.73× | ||
| Q2 25 | 1.23× | 2.27× | ||
| Q1 25 | 1.81× | 2.30× | ||
| Q4 24 | 1.80× | 21.18× | ||
| Q3 24 | 1.93× | 4.58× | ||
| Q2 24 | 0.30× | 0.68× | ||
| Q1 24 | 0.60× | 2.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
SKWD
Segment breakdown not available.
