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Bowhead Specialty HoldingsBOW -0.81%18 Return-on-Tangible-Asset is 2.64% as of Mar. 2026, which is 4% below its 10-year median of 2.76. GuruFocus rates BOW with a GF Scoreâ„¢ of 18/100. The stock has 2 warning signs investors should review. Among 507 Insurance companies, Bowhead Specialty Holdings ranks better than 50.1% on this metric.
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 annualizedNet Income for the quarter that ended in Mar. 2026 was $64.0 Mil. Bowhead Specialty Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $2,425.3 Mil. Therefore, Bowhead Specialty Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.64%.
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: 2.76 Max: 3.14
Current: 2.74
During the past 4 years, Bowhead Specialty Holdings's highest Return-on-Tangible-Asset was 3.14%. The lowest was 1.99%. And the median was 2.76%.
BOW's Return-on-Tangible-Asset is ranked better than 50.1% of 507
companies
in the Insurance industry
Industry Median: 2.74
vs BOW: 2.74
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 companyÂ’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 companyÂ’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
Bowhead Specialty Holdings Return-on-Tangible-Asset Historical Data
* 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.
BOW vs ROOT, TRUP, SAFT: Return-on-Tangible-Asset Comparison
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 Return-on-Tangible-Asset vs 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.
* 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. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.64% mean?
Bowhead Specialty Holdings (BOW) has a Return-on-Tangible-Asset of 2.64% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bowhead Specialty Holdings and its competitors. This is near median its historical median of 2.76. Over the past decade, Bowhead Specialty Holdings' Return-on-Tangible-Asset has ranged from 1.99 to 3.14. According to the industry distribution chart, Bowhead Specialty Holdings ranks #253 out of 507 companies in the Insurance industry, placing it in the top 49.9%.
Is Bowhead Specialty Holdings' Return-on-Tangible-Asset too high?
Bowhead Specialty Holdings' current Return-on-Tangible-Asset of 2.64% is near median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 3.14. The Insurance industry median Return-on-Tangible-Asset is 2.74. Bowhead Specialty Holdings' value of 2.64% is 3.6% below this industry median. Based on the distribution chart, Bowhead Specialty Holdings ranks #253 out of 507 companies in the Insurance industry, which is above the industry midpoint. Overall, Bowhead Specialty Holdings has a GF Scoreâ„¢ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bowhead Specialty Holdings' Return-on-Tangible-Asset compare to ROOT and TRUP?
According to the Insurance industry distribution chart, Bowhead Specialty Holdings ranks #253 out of 507 companies for Return-on-Tangible-Asset. This puts Bowhead Specialty Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.74. Bowhead Specialty Holdings' value of 2.64% is 3.6% below this benchmark. Historically, Bowhead Specialty Holdings' own Return-on-Tangible-Asset has ranged from 1.99 to 3.14 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 2.74, Bowhead Specialty Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.74, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bowhead Specialty Holdings's current Return-on-Tangible-Asset of 2.64% is 3.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bowhead Specialty Holdings and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bowhead Specialty Holdings's current Return-on-Tangible-Asset is 2.64%, which is near median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowhead Specialty Holdings stock overvalued right now?
Bowhead Specialty Holdings (BOW) has a current Return-on-Tangible-Asset of 2.64%. The current Return-on-Tangible-Asset is 2.64%, which is near median its 10-year median of 2.76 and 3.6% below the Insurance industry median of 2.74. Bowhead Specialty Holdings' overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Bowhead Specialty Holdings (BOW), the current Return-on-Tangible-Asset is 2.64% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
18GF Score
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