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Side-by-side financial comparison of Skyward Specialty Insurance Group, Inc. (SKWD) and Bristow Group Inc. (VTOL). 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 $377.3M, roughly 1.0× Bristow Group Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 11.2% vs 4.9%, a 6.3% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 6.7%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $47.8M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% CAGR vs 5.8%).
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.
Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.
SKWD vs VTOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $385.6M | $377.3M |
| Net Profit | $43.2M | $18.4M |
| Gross Margin | — | — |
| Operating Margin | 14.2% | 8.5% |
| Net Margin | 11.2% | 4.9% |
| Revenue YoY | 26.7% | 6.7% |
| Net Profit YoY | 200.1% | -42.1% |
| EPS (diluted) | $1.03 | $0.61 |
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 | $385.6M | $377.3M | ||
| Q3 25 | $382.5M | $386.3M | ||
| Q2 25 | $319.9M | $376.4M | ||
| Q1 25 | $328.5M | $350.5M | ||
| Q4 24 | $304.4M | $353.5M | ||
| Q3 24 | $300.9M | $365.1M | ||
| Q2 24 | $279.9M | $359.7M | ||
| Q1 24 | $265.0M | $337.1M |
| Q4 25 | $43.2M | $18.4M | ||
| Q3 25 | $45.9M | $51.5M | ||
| Q2 25 | $38.8M | $31.7M | ||
| Q1 25 | $42.1M | $27.4M | ||
| Q4 24 | $14.4M | $31.8M | ||
| Q3 24 | $36.7M | $28.2M | ||
| Q2 24 | $31.0M | $28.2M | ||
| Q1 24 | $36.8M | $6.6M |
| Q4 25 | 14.2% | 8.5% | ||
| Q3 25 | 15.8% | 13.1% | ||
| Q2 25 | 15.6% | 11.3% | ||
| Q1 25 | 15.7% | 9.6% | ||
| Q4 24 | 6.1% | 9.0% | ||
| Q3 24 | 15.6% | 9.1% | ||
| Q2 24 | 14.4% | 12.4% | ||
| Q1 24 | 17.7% | 6.8% |
| Q4 25 | 11.2% | 4.9% | ||
| Q3 25 | 12.0% | 13.3% | ||
| Q2 25 | 12.1% | 8.4% | ||
| Q1 25 | 12.8% | 7.8% | ||
| Q4 24 | 4.7% | 9.0% | ||
| Q3 24 | 12.2% | 7.7% | ||
| Q2 24 | 11.1% | 7.8% | ||
| Q1 24 | 13.9% | 2.0% |
| Q4 25 | $1.03 | $0.61 | ||
| Q3 25 | $1.10 | $1.72 | ||
| Q2 25 | $0.93 | $1.07 | ||
| Q1 25 | $1.01 | $0.92 | ||
| Q4 24 | $0.33 | $1.07 | ||
| Q3 24 | $0.89 | $0.95 | ||
| Q2 24 | $0.75 | $0.96 | ||
| Q1 24 | $0.90 | $0.23 |
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 | $286.2M |
| Total DebtLower is stronger | — | $671.5M |
| Stockholders' EquityBook value | $1.0B | $1.1B |
| Total Assets | $4.8B | $2.3B |
| Debt / EquityLower = less leverage | — | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $168.5M | $286.2M | ||
| Q3 25 | $160.1M | $245.5M | ||
| Q2 25 | $136.6M | $251.8M | ||
| Q1 25 | $112.9M | $191.1M | ||
| Q4 24 | $121.6M | $247.5M | ||
| Q3 24 | $105.6M | $200.3M | ||
| Q2 24 | $73.0M | $178.6M | ||
| Q1 24 | $85.1M | $140.6M |
| Q4 25 | — | $671.5M | ||
| Q3 25 | — | $675.0M | ||
| Q2 25 | — | $705.2M | ||
| Q1 25 | — | $701.9M | ||
| Q4 24 | — | $689.8M | ||
| Q3 24 | — | $629.1M | ||
| Q2 24 | — | $594.2M | ||
| Q1 24 | — | $544.1M |
| Q4 25 | $1.0B | $1.1B | ||
| Q3 25 | $961.4M | $1.0B | ||
| Q2 25 | $899.9M | $984.4M | ||
| Q1 25 | $850.7M | $931.7M | ||
| Q4 24 | $794.0M | $891.7M | ||
| Q3 24 | $797.5M | $899.2M | ||
| Q2 24 | $723.6M | $849.1M | ||
| Q1 24 | $692.3M | $820.7M |
| Q4 25 | $4.8B | $2.3B | ||
| Q3 25 | $4.6B | $2.3B | ||
| Q2 25 | $4.3B | $2.3B | ||
| Q1 25 | $4.0B | $2.2B | ||
| Q4 24 | $3.7B | $2.1B | ||
| Q3 24 | $3.6B | $2.1B | ||
| Q2 24 | $3.4B | $2.0B | ||
| Q1 24 | $3.2B | $1.9B |
| Q4 25 | — | 0.63× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 0.77× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.66× |
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 | $408.1M | $76.9M |
| Free Cash FlowOCF − Capex | $402.6M | $47.8M |
| FCF MarginFCF / Revenue | 104.4% | 12.7% |
| Capex IntensityCapex / Revenue | 1.4% | 7.7% |
| Cash ConversionOCF / Net Profit | 9.44× | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $755.2M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $408.1M | $76.9M | ||
| Q3 25 | $171.4M | $23.1M | ||
| Q2 25 | $88.2M | $99.0M | ||
| Q1 25 | $96.8M | $-603.0K | ||
| Q4 24 | $305.1M | $51.1M | ||
| Q3 24 | $168.0M | $66.0M | ||
| Q2 24 | $21.0M | $33.7M | ||
| Q1 24 | $94.3M | $26.7M |
| Q4 25 | $402.6M | $47.8M | ||
| Q3 25 | $168.9M | $-6.2M | ||
| Q2 25 | $87.1M | $67.4M | ||
| Q1 25 | $96.6M | $-52.7M | ||
| Q4 24 | $300.9M | $-32.4M | ||
| Q3 24 | $167.6M | $9.0M | ||
| Q2 24 | $18.4M | $-16.7M | ||
| Q1 24 | $94.0M | $-37.9M |
| Q4 25 | 104.4% | 12.7% | ||
| Q3 25 | 44.2% | -1.6% | ||
| Q2 25 | 27.2% | 17.9% | ||
| Q1 25 | 29.4% | -15.0% | ||
| Q4 24 | 98.8% | -9.2% | ||
| Q3 24 | 55.7% | 2.5% | ||
| Q2 24 | 6.6% | -4.6% | ||
| Q1 24 | 35.5% | -11.2% |
| Q4 25 | 1.4% | 7.7% | ||
| Q3 25 | 0.6% | 7.6% | ||
| Q2 25 | 0.3% | 8.4% | ||
| Q1 25 | 0.1% | 14.9% | ||
| Q4 24 | 1.4% | 23.6% | ||
| Q3 24 | 0.1% | 15.6% | ||
| Q2 24 | 0.9% | 14.0% | ||
| Q1 24 | 0.1% | 19.2% |
| Q4 25 | 9.44× | 4.17× | ||
| Q3 25 | 3.73× | 0.45× | ||
| Q2 25 | 2.27× | 3.12× | ||
| Q1 25 | 2.30× | -0.02× | ||
| Q4 24 | 21.18× | 1.61× | ||
| Q3 24 | 4.58× | 2.34× | ||
| Q2 24 | 0.68× | 1.20× | ||
| Q1 24 | 2.56× | 4.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SKWD
Segment breakdown not available.
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
