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Side-by-side financial comparison of Noble Corp plc (NE) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
Noble Corp plc is the larger business by last-quarter revenue ($764.4M vs $385.6M, roughly 2.0× Skyward Specialty Insurance Group, Inc.). Noble Corp plc runs the higher net margin — 11.3% vs 11.2%, a 0.1% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs -17.6%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $35.4M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs 9.5%).
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
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.
NE vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $764.4M | $385.6M |
| Net Profit | $86.6M | $43.2M |
| Gross Margin | — | — |
| Operating Margin | 5.6% | 14.2% |
| Net Margin | 11.3% | 11.2% |
| Revenue YoY | -17.6% | 26.7% |
| Net Profit YoY | -10.4% | 200.1% |
| EPS (diluted) | $0.54 | $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 | $764.4M | $385.6M | ||
| Q3 25 | $798.0M | $382.5M | ||
| Q2 25 | $848.7M | $319.9M | ||
| Q1 25 | $874.5M | $328.5M | ||
| Q4 24 | $927.3M | $304.4M | ||
| Q3 24 | $800.5M | $300.9M | ||
| Q2 24 | $692.8M | $279.9M | ||
| Q1 24 | $637.1M | $265.0M |
| Q4 25 | $86.6M | $43.2M | ||
| Q3 25 | $-21.1M | $45.9M | ||
| Q2 25 | $42.9M | $38.8M | ||
| Q1 25 | $108.3M | $42.1M | ||
| Q4 24 | $96.6M | $14.4M | ||
| Q3 24 | $61.2M | $36.7M | ||
| Q2 24 | $195.0M | $31.0M | ||
| Q1 24 | $95.5M | $36.8M |
| Q4 25 | 5.6% | 14.2% | ||
| Q3 25 | 6.3% | 15.8% | ||
| Q2 25 | 15.9% | 15.6% | ||
| Q1 25 | 21.4% | 15.7% | ||
| Q4 24 | 18.4% | 6.1% | ||
| Q3 24 | 14.4% | 15.6% | ||
| Q2 24 | 30.3% | 14.4% | ||
| Q1 24 | 16.9% | 17.7% |
| Q4 25 | 11.3% | 11.2% | ||
| Q3 25 | -2.6% | 12.0% | ||
| Q2 25 | 5.1% | 12.1% | ||
| Q1 25 | 12.4% | 12.8% | ||
| Q4 24 | 10.4% | 4.7% | ||
| Q3 24 | 7.6% | 12.2% | ||
| Q2 24 | 28.1% | 11.1% | ||
| Q1 24 | 15.0% | 13.9% |
| Q4 25 | $0.54 | $1.03 | ||
| Q3 25 | $-0.13 | $1.10 | ||
| Q2 25 | $0.27 | $0.93 | ||
| Q1 25 | $0.67 | $1.01 | ||
| Q4 24 | $0.56 | $0.33 | ||
| Q3 24 | $0.40 | $0.89 | ||
| Q2 24 | $1.34 | $0.75 | ||
| Q1 24 | $0.66 | $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 | $471.4M | $168.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.5B | $1.0B |
| Total Assets | $7.5B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $471.4M | $168.5M | ||
| Q3 25 | $477.9M | $160.1M | ||
| Q2 25 | $338.2M | $136.6M | ||
| Q1 25 | $303.8M | $112.9M | ||
| Q4 24 | $247.3M | $121.6M | ||
| Q3 24 | $391.9M | $105.6M | ||
| Q2 24 | $162.9M | $73.0M | ||
| Q1 24 | $212.5M | $85.1M |
| Q4 25 | $4.5B | $1.0B | ||
| Q3 25 | $4.5B | $961.4M | ||
| Q2 25 | $4.6B | $899.9M | ||
| Q1 25 | $4.7B | $850.7M | ||
| Q4 24 | $4.7B | $794.0M | ||
| Q3 24 | $4.7B | $797.5M | ||
| Q2 24 | $4.0B | $723.6M | ||
| Q1 24 | $3.9B | $692.3M |
| Q4 25 | $7.5B | $4.8B | ||
| Q3 25 | $7.6B | $4.6B | ||
| Q2 25 | $7.7B | $4.3B | ||
| Q1 25 | $7.9B | $4.0B | ||
| Q4 24 | $8.0B | $3.7B | ||
| Q3 24 | $8.0B | $3.6B | ||
| Q2 24 | $5.6B | $3.4B | ||
| Q1 24 | $5.4B | $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 | $187.1M | $408.1M |
| Free Cash FlowOCF − Capex | $35.4M | $402.6M |
| FCF MarginFCF / Revenue | 4.6% | 104.4% |
| Capex IntensityCapex / Revenue | 19.9% | 1.4% |
| Cash ConversionOCF / Net Profit | 2.16× | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | $432.2M | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.1M | $408.1M | ||
| Q3 25 | $277.1M | $171.4M | ||
| Q2 25 | $216.4M | $88.2M | ||
| Q1 25 | $271.1M | $96.8M | ||
| Q4 24 | $136.2M | $305.1M | ||
| Q3 24 | $283.8M | $168.0M | ||
| Q2 24 | $106.8M | $21.0M | ||
| Q1 24 | $128.7M | $94.3M |
| Q4 25 | $35.4M | $402.6M | ||
| Q3 25 | $139.5M | $168.9M | ||
| Q2 25 | $99.8M | $87.1M | ||
| Q1 25 | $157.5M | $96.6M | ||
| Q4 24 | $-4.4M | $300.9M | ||
| Q3 24 | $156.8M | $167.6M | ||
| Q2 24 | $-34.3M | $18.4M | ||
| Q1 24 | $-37.9M | $94.0M |
| Q4 25 | 4.6% | 104.4% | ||
| Q3 25 | 17.5% | 44.2% | ||
| Q2 25 | 11.8% | 27.2% | ||
| Q1 25 | 18.0% | 29.4% | ||
| Q4 24 | -0.5% | 98.8% | ||
| Q3 24 | 19.6% | 55.7% | ||
| Q2 24 | -4.9% | 6.6% | ||
| Q1 24 | -6.0% | 35.5% |
| Q4 25 | 19.9% | 1.4% | ||
| Q3 25 | 17.3% | 0.6% | ||
| Q2 25 | 13.7% | 0.3% | ||
| Q1 25 | 13.0% | 0.1% | ||
| Q4 24 | 15.2% | 1.4% | ||
| Q3 24 | 15.9% | 0.1% | ||
| Q2 24 | 20.4% | 0.9% | ||
| Q1 24 | 26.2% | 0.1% |
| Q4 25 | 2.16× | 9.44× | ||
| Q3 25 | — | 3.73× | ||
| Q2 25 | 5.05× | 2.27× | ||
| Q1 25 | 2.50× | 2.30× | ||
| Q4 24 | 1.41× | 21.18× | ||
| Q3 24 | 4.64× | 4.58× | ||
| Q2 24 | 0.55× | 0.68× | ||
| Q1 24 | 1.35× | 2.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
SKWD
Segment breakdown not available.
