KINGSWAY Corp
KINGSWAY Corp
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investments | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 7 | 7 | 8 | 9 | 12 | 6 | 5 | 7 | 10 | 12 | 9 | 20 | |||||
Available For Sale Securities Debt Securities | - | 37 | 37 | 37 | 38 | 37 | 37 | 37 | 36 | 37 | 36 | 36 | |||||
Restricted Cash | 8 | 8 | 8 | 8 | 7 | 8 | 8 | 9 | 8 | 8 | 8 | 9 | |||||
Equity Securities Fv Ni Current And Noncurrent | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Equity Method Investments Fair Value Disclosure | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Accrued Investment Income Receivable | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Investments | 39 | 37 | 42 | 42 | 42 | 41 | 41 | 41 | 41 | 42 | 42 | 42 | |||||
Investment Owned At Cost | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Other Investments | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Income Tax Receivable | - | - | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | |||||
Short Term Investments | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Other Assets Current | 6 | 10 | - | - | - | - | - | - | - | - | - | - | |||||
Assets Current | 79 | 78 | - | - | - | - | - | - | - | - | - | - | |||||
Capitalized Contract Cost Net Noncurrent | 11 | 12 | - | - | - | - | - | - | - | - | - | - | |||||
Property Plant And Equipment Net | 7 | 6 | 6 | 6 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | |||||
Goodwill | 65 | 70 | 69 | 70 | 58 | 57 | 57 | 57 | 51 | 50 | 50 | 57 | |||||
Intangible Assets Net Excluding Goodwill | 48 | 51 | 52 | 55 | 40 | 42 | 40 | 42 | 32 | 34 | 36 | 31 | |||||
Other Assets | 17 | 15 | 10 | 8 | 14 | 6 | 8 | 6 | 5 | 5 | 5 | 3 | |||||
Assets | 228 | 232 | 231 | 235 | 208 | 192 | 187 | 191 | 192 | 198 | 198 | 198 | |||||
Other Receivables | - | - | 0 | 1 | 3 | 1 | 0 | 1 | 0 | 0 | 1 | 1 | |||||
Capitalized Contract Cost Net | - | 15 | 15 | 15 | 15 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | |||||
Liabilities Current | |||||||||||||||||
Accrued Liabilities And Other Liabilities | 25 | 26 | 29 | 29 | 21 | 20 | 21 | 22 | 21 | 24 | 22 | 25 | |||||
Accrued Income Taxes Current | - | - | 0 | 0 | - | - | 0 | - | - | - | 0 | 0 | |||||
Contract With Customer Liability | - | - | 87 | 87 | 86 | 84 | 83 | 85 | 85 | 84 | 84 | 82 | |||||
Loans Payable To Bank | - | - | - | 56 | 43 | 45 | 44 | 45 | 34 | 33 | 31 | 28 | |||||
Notes Payable | - | - | - | 1 | 1 | 1 | - | - | - | - | - | - | |||||
Fair Value Liabilities Measured On Recurring Basis… | - | - | - | 14 | 14 | 13 | 13 | 14 | 14 | 14 | 14 | 13 | |||||
Contract With Customer Liability Current | 43 | 43 | - | - | - | - | - | - | - | - | - | - | |||||
Operating Lease Right Of Use Asset | - | 7 | 7 | 7 | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | |||||
Debt Current | 23 | 16 | - | - | - | - | - | - | - | - | - | - | |||||
Liabilities Current | 91 | 85 | - | - | - | - | - | - | - | - | - | - | |||||
Contract With Customer Liability Noncurrent | 47 | 46 | - | - | - | - | - | - | - | - | - | - | |||||
Long Term Debt | 45 | 55 | 71 | - | - | - | 58 | - | - | - | - | - | |||||
Other Liabilities Noncurrent | 10 | 11 | - | - | - | - | - | - | - | - | - | - | |||||
Deferred Income Tax Liabilities Net | 3 | 3 | 3 | 5 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 4 | |||||
Liabilities | 195 | 200 | 197 | 199 | 172 | 171 | 168 | 171 | 175 | 177 | 173 | 170 | |||||
Assets Held For Sale Not Part Of Disposal Group | - | - | - | - | - | - | 0 | 0 | 17 | 17 | 18 | 19 | |||||
Temporary Equity Carrying Amount Attributable To P… | 16 | 16 | 16 | 16 | 16 | - | 8 | - | - | - | - | - | |||||
Redeemable Noncontrolling Interest Equity Carrying… | 1 | 1 | 1 | 1 | - | - | 0 | - | - | - | - | - | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 396 | 395 | 395 | 395 | 393 | 377 | 377 | 377 | 379 | 378 | 380 | 379 | |||||
Operating Lease Liability | - | 7 | 7 | 7 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | |||||
Treasury Stock Common Value | -7 | -7 | -7 | -7 | -7 | -7 | -6 | -6 | -5 | -4 | -4 | -1 | |||||
Retained Earnings Accumulated Deficit | -377 | -376 | -373 | -371 | -369 | -365 | -361 | -360 | -352 | -349 | -347 | -345 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | -0 | -0 | -1 | -0 | -1 | -1 | -2 | -2 | -2 | -1 | |||||
Stockholders Equity | 15 | 13 | 15 | 19 | 17 | 5 | 8 | 11 | 21 | 24 | 28 | 32 | |||||
Minority Interest | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | -3 | -3 | -3 | -3 | |||||
Liabilities And Stockholders Equity | 228 | 232 | 231 | 235 | 208 | 192 | 187 | 191 | 192 | 198 | 198 | 198 | |||||
Investments Fair Value Disclosure | 39 | 37 | 40 | - | - | - | 37 | - | - | - | - | - | |||||
Accumulated Depreciation Depletion And Amortizatio… | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | 38 | 36 | 34 | 40 | 38 | 36 | 26 | 32 | 31 | 30 | 28 | 26 | |||||
Contract With Customer Asset Accumulated Allowance… | - | - | - | - | - | - | - | - | - | 0 | - | - | |||||
Common Stock No Par Value | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |||||
Long Term Debt Fair Value | 13 | 13 | 14 | - | - | - | 13 | - | - | - | - | - | |||||
Temporary Equity Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | - | - | 0.01 | - | - | - | - | - | |||||
Temporary Equity Shares Authorized | 1 | 1 | 1 | 1 | - | - | 0 | - | - | - | - | - | |||||
Temporary Equity Shares Issued | 1 | 1 | 1 | 1 | - | - | 0 | - | - | - | - | - | |||||
Available For Sale Debt Securities Amortized Cost … | - | 37 | 37 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | 38 | |||||
Temporary Equity Shares Outstanding | 1 | 1 | 1 | 1 | - | - | 0 | - | - | - | - | - | |||||
Temporary Equity Aggregate Amount Of Redemption Re… | 16 | 16 | 16 | 16 | - | - | 8 | - | - | - | - | - | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | - | - | 0.01 | - | |||||
Common Stock Shares Authorized | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||||
Equity Securities Without Readily Determinable Fai… | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Issued | 30 | 30 | 30 | 30 | 29 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | |||||
Shares Outstanding | 29 | 29 | 29 | 29 | 28 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | |||||
Treasury Stock Common Shares | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.64% | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | 44.66% | 57.48% | 63.89% | 3.24% | 4.82% | 5.61% | -10.96% | -4.79% | -9.66% | -4.29% | -2.37% | -8.85% |
| 2024 | -10.19% | -7.73% | -3.70% | 3.50% | 1.12% | 11.36% | -7.54% | -12.25% | -16.34% | 3.82% | 18.42% | 75.39% |
| 2023 | - | - | - | 5.88% | -9.47% | -14.39% | -2.71% | 8.25% | 14.18% | -10.32% | -7.74% | -13.98% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.87 | 0.92 | - | - | - | - | - | - | - | - | - | - | |||||
| Quick Ratio | 0.87 | 0.92 | - | - | - | - | - | - | - | - | - | - | |||||
| Working Capital | -11.49M | -6.86M | - | - | - | - | - | - | - | - | - | - | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 12.74 | 15.18 | - | - | - | - | - | - | - | - | - | - | |||||
| Interest Coverage TTM | -0.03 | -0.21 | -0.44 | -0.14 | -0.11 | 0.14 | 0.45 | 0.10 | 0.21 | 0.27 | 0.15 | 0.08 | |||||
| Debt Ratio | 0.86 | 0.86 | - | - | - | - | - | - | - | - | - | - | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.68 | 0.63 | - | - | - | - | - | - | - | - | - | - | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.22 | -0.35 | -0.37 | -0.40 | -0.42 | -0.37 | -0.35 | -0.33 | -0.25 | -0.23 | 0.91 | 0.67 | |||||
| Free Cash Flow Per Share TTM | 0.06 | 0.02 | -0.03 | -0.02 | -0.79 | -0.78 | -0.70 | -1.13 | -0.53 | -0.62 | -1.55 | -2.50 | |||||
| Dividend Per Share TTM | 0.04 | 0.04 | 0.04 | 0.02 | 0.04 | 0.06 | 0.05 | 0.05 | 0.17 | 0.15 | 0.16 | 0.15 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 63.05% | 63.91% | 65.10% | 63.10% | 60.18% | 68.94% | 77.53% | 76.94% | 76.85% | 76.92% | 77.66% | 77.86% | |||||
| Operating Profit Margin TTM | -0.12% | -0.82% | -1.78% | -0.61% | -0.49% | 0.61% | 1.98% | 0.45% | 0.91% | 1.17% | 0.92% | 0.64% | |||||
| Net Profit Margin TTM | -4.00% | -6.84% | -7.59% | -8.95% | -9.76% | -9.01% | -8.64% | -8.60% | -6.72% | -6.06% | 23.26% | 17.29% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 32.82% | 30.51% | 23.42% | 19.38% | 12.38% | 8.31% | 5.95% | 3.32% | 3.45% | 5.97% | 10.68% | 24.86% | |||||
| Net Income Growth (1Y) | -45.53% | -1.04% | 8.48% | 24.30% | 63.11% | 61.03% | -139.36% | -151.40% | -112.48% | -111.37% | -1.65% | -47.44% | |||||
| EPS Growth (1Y) | -48.23% | -6.31% | 5.87% | 18.58% | 63.79% | 61.06% | -137.22% | -149.59% | -111.56% | -110.09% | -12.18% | -54.01% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -48.34 | -30.00 | -36.55 | -36.92 | -32.52 | -21.34 | -24.08 | -24.80 | -32.42 | -36.19 | 9.00 | 11.21 | |||||
| P/B TTM | 19.43 | 22.70 | 21.57 | 22.36 | 21.11 | 39.36 | 22.64 | 19.71 | 10.89 | 9.58 | 8.78 | 6.27 | |||||
| P/S TTM | 1.93 | 2.05 | 2.78 | 3.31 | 3.17 | 1.92 | 2.08 | 2.13 | 2.18 | 2.19 | 2.09 | 1.94 | |||||
| Market Cap | 298.19M | 298.57M | 374.74M | 416.79M | 368.23M | 214.65M | 227.60M | 225.19M | 225.03M | 226.07M | 215.99M | 198.10M | |||||
| Enterprise Value | 358.11M | 354.67M | 429.18M | 400.99M | 357.21M | 201.79M | 272.00M | 210.05M | 207.07M | 206.05M | 198.49M | 168.82M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.64M | 709.00K | -754.00K | -515.00K | -21.45M | -21.11M | -19.00M | -30.65M | -14.60M | -16.78M | -39.82M | -65.55M | |||||
| Net Debt | 59.92M | 56.11M | 54.44M | -15.80M | -11.03M | -12.86M | 44.40M | -15.14M | -17.96M | -20.02M | -17.50M | -29.29M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
KINGSWAY Corp (KWY) — SEC Financial Statements & Analysis
KINGSWAY Corp (KWY) is a fire, marine & casualty insurance company, incorporated in DE. KINGSWAY Corp trades on NYSE as: KWY. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), KINGSWAY Corp reported a 32.82% year-over-year revenue growth, a Gross Profit Margin of 63.05% (TTM), a Debt-to-Equity ratio of 12.74x, a Price-to-Sales (P/S) ratio of 1.93x (TTM), a Price-to-Book (P/B) ratio of 19.43x (TTM), at a market cap of $298.19M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 32.82%
- Gross Profit Margin TTM
- 63.05%
- Debt To Equity
- 12.74x
- P/S TTM
- 1.93x
- P/B TTM
- 19.43x
- Market Cap
- $298.19M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is KINGSWAY Corp in?
KINGSWAY Corp (KWY) operates in the Fire, Marine & Casualty Insurance industry.
What is KWY's market cap?
KINGSWAY Corp (KWY) has a market capitalization of $298.19M as of 2026-06-30.
What exchange does KWY trade on?
KINGSWAY Corp (KWY) trades on the NYSE.
Where is KINGSWAY Corp incorporated?
KINGSWAY Corp is incorporated in DE.