COMP <GO>

HG vs SKWD // NET PROFIT MARGIN

Hamilton Insurance Group Ltd. (Class B) (NYSE) VS. Skyward Specialty Insurance Group Inc. (NASDAQ) • 15-METRIC TALLY: HG 2 — SKWD 2

■ METRIC PARITY

LAST: $34.43 (-0.72%) • MKT CAP: $2.86B

net-margins

—

LAST: $58.51 (+0.95%) • MKT CAP: $2.60B

net-margins

68.00%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HG VS. SKWD) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	HG	SKWD	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	16.80%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	15.50%	—	TIE	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin ACTIVE	—	68.00%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	24.70%	16.00%	+8.70	HG	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	3/9	6/9	-3.00	SKWD	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	43.5	48.9	-5.40	SKWD	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	12.9x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$2.86B	$2.60B	$267.3M	HG	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	HG REV	SKWD REV	HG GROSS %	SKWD GROSS %	HG FCF	SKWD FCF
FY 2025	$2.91B	$12.4M	—	—	$842.4M	$402.6M
FY 2024	$2.33B	$10.7M	—	—	$759.3M	$300.9M
FY 2023	$1.57B	$9.8M	—	—	$283.2M	$338.2M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

HG // BETA —

SKWD // BETA —