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BOW (Bowhead Specialty Holdings) Return-on-Tangible-Asset : 2.68% (As of Mar. 2025)


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What is Bowhead Specialty Holdings Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Bowhead Specialty Holdings's annualized Net Income for the quarter that ended in Mar. 2025 was $45.7 Mil. Bowhead Specialty Holdings's average total tangible assets for the quarter that ended in Mar. 2025 was $1,703.7 Mil. Therefore, Bowhead Specialty Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 2.68%.

The historical rank and industry rank for Bowhead Specialty Holdings's Return-on-Tangible-Asset or its related term are showing as below:

BOW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.99   Med: 2.85   Max: 3.14
Current: 2.86

During the past 3 years, Bowhead Specialty Holdings's highest Return-on-Tangible-Asset was 3.14%. The lowest was 1.99%. And the median was 2.85%.

BOW's Return-on-Tangible-Asset is ranked better than
58% of 500 companies
in the Insurance industry
Industry Median: 2.37 vs BOW: 2.86

Bowhead Specialty Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Bowhead Specialty Holdings's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bowhead Specialty Holdings Return-on-Tangible-Asset Chart

Bowhead Specialty Holdings Annual Data
Trend Dec22 Dec23 Dec24
Return-on-Tangible-Asset
1.99 3.14 2.85

Bowhead Specialty Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 1.76 3.29 3.40 2.68

Competitive Comparison of Bowhead Specialty Holdings's Return-on-Tangible-Asset

For the Insurance - Property & Casualty subindustry, Bowhead Specialty Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bowhead Specialty Holdings's Return-on-Tangible-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bowhead Specialty Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bowhead Specialty Holdings's Return-on-Tangible-Asset falls into.


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Bowhead Specialty Holdings Return-on-Tangible-Asset Calculation

Bowhead Specialty Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=38.243/( (1027.859+1654.242)/ 2 )
=38.243/1341.0505
=2.85 %

Bowhead Specialty Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=45.7/( (1654.242+1753.072)/ 2 )
=45.7/1703.657
=2.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Bowhead Specialty Holdings  (NYSE:BOW) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Bowhead Specialty Holdings Return-on-Tangible-Asset Related Terms

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Bowhead Specialty Holdings Business Description

Traded in Other Exchanges
N/A
Address
452 Fifth Avenue, New York, NY, USA, 10018
Bowhead Specialty Holdings Inc offers commercial specialty property and casualty insurance products. The company offers underwriting solutions to various businesses across four underwriting divisions, which include Casualty, Professional Liability, Healthcare Liability, and Baleen Specialty. A majority of its revenue is generated from the Casualty division which specializes in general liability coverage, which protects a company against liability arising from bodily injury, personal injury or property damage, for risks in the construction, distribution, heavy manufacturing, real estate, public entity and hospitality segments and also considers underwriting risks in a broader range of industries. Geographically, the company operates in the United States.