3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Skyward Specialty Insurance Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
SKWD's 3-Year ROIIC % is ranked better than 54.03% of 335
companies
in the Insurance industry
Industry Median: 5.2
vs SKWD: 6.24
Skyward Specialty Insurance Group (NAS:SKWD) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Skyward Specialty Insurance Group 3-Year ROIIC % Related Terms
Skyward Specialty Insurance Group 3-Year ROIIC % 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.
Skyward Specialty Insurance Group 3-Year ROIIC % Chart
For the Insurance - Property & Casualty subindustry, Skyward Specialty Insurance Group's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Skyward Specialty Insurance Group 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Skyward Specialty Insurance Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Skyward Specialty Insurance Group's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Skyward Specialty Insurance Group (SKWD) has a 3-Year ROIIC % of 6.24 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Skyward Specialty Insurance Group and its competitors. This is near median its historical median of 6.24. Over the past decade, Skyward Specialty Insurance Group's 3-Year ROIIC % has ranged from 5.73 to 16.61. According to the industry distribution chart, Skyward Specialty Insurance Group ranks #154 out of 335 companies in the Insurance industry, placing it in the top 46%.
Is Skyward Specialty Insurance Group's 3-Year ROIIC % too high?
Skyward Specialty Insurance Group's current 3-Year ROIIC % of 6.24 is near median its 10-year median of 6.24. Over the past 10 years, this metric has ranged from a low of 5.73 to a high of 16.61. The Insurance industry median 3-Year ROIIC % is 5.20. Skyward Specialty Insurance Group's value of 6.24 is 20% above this industry median. Based on the distribution chart, Skyward Specialty Insurance Group ranks #154 out of 335 companies in the Insurance industry, which is above the industry midpoint. Overall, Skyward Specialty Insurance Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Skyward Specialty Insurance Group's 3-Year ROIIC % compare to HCI and SLDE?
According to the Insurance industry distribution chart, Skyward Specialty Insurance Group ranks #154 out of 335 companies for 3-Year ROIIC %. This puts Skyward Specialty Insurance Group in the upper half of its industry. The industry median 3-Year ROIIC % is 5.20. Skyward Specialty Insurance Group's value of 6.24 is 20% above this benchmark. Historically, Skyward Specialty Insurance Group's own 3-Year ROIIC % has ranged from 5.73 to 16.61 over the past decade. While the company's 10-year median is 6.24 vs. the industry median of 5.20, Skyward Specialty Insurance Group has consistently been above 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 3-Year ROIIC % for an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.20, based on 335 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Skyward Specialty Insurance Group's current 3-Year ROIIC % of 6.24 is 20% above 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Skyward Specialty Insurance Group and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skyward Specialty Insurance Group's current 3-Year ROIIC % is 6.24, which is near median its own 10-year median of 6.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skyward Specialty Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Skyward Specialty Insurance Group (SKWD) is currently considered Fairly Valued. The stock's GF Value™ is $58.96, compared to a current price of $60.20 — trading 2.1% above its estimated fair value. The current 3-Year ROIIC % is 6.24, which is near median its 10-year median of 6.24 and 20% above the Insurance industry median of 5.20. Skyward Specialty Insurance Group's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Skyward Specialty Insurance Group (SKWD), the current 3-Year ROIIC % is 6.24 as of Dec. 2025. 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.
Is Skyward Specialty Insurance Group (SKWD) Overvalued in 2026?
Based on GuruFocus' analysis, Skyward Specialty Insurance Group stock appears to be overvalued.
The current stock price of $60.20 is trading 2.1% above its estimated GF Value™ of $58.96.
GuruFocus considers Skyward Specialty Insurance Group to be Fairly Valued.
Key valuation signals for SKWD:
3-Year ROIIC %: 6.24 (near median its 10-year median of 6.24)
GF Value™: $58.96 vs. price of $60.20 (2.1% above fair value)
Industry Position: 20% above the Insurance median (#154 of 335)
No single metric tells the full story. See the SKWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skyward Specialty Insurance Group Business Description
Skyward Specialty Insurance Group Inc is a specialty insurance company that offers a suite of specialized insurance solutions across specialty property and casualty markets on a non-admitted and admitted basis. Its portfolio of insurance offerings covers a wide variety of risks, including general liability, commercial auto, group accident and health, property, agriculture, credit, surety, and workers' compensation, among others. Geographically, the group mainly operates in the United States.
76GF Score
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