Arch Capital's combined ratio deteriorated sharply to 99.3% in 2026Q3 from 72.7% the prior quarter, while revenue contracted 6.5% year-over-year after three consecutive negative-growth quarters, suggesting the premium expansion phase has cooled materially.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Underwriting margins narrowed dramatically as the combined ratio jumped to 99.3% in 2026Q3 from 72.7% in 2026Q2, accompanying a 6.5% revenue decline and 15.7% EPS contraction that suggests minimal underwriting profit in the latest period.
Arch Capital Group reported Q4 2025 EPS of $3.35, reflecting a 21.2% annualized net income return on average common equity. Operating income rose 16% YoY, while revenue and gross profit grew 14% and 16% respectively.
The reinsurance unit became the largest by net written premiums, expanding from $1.9 billion in 2018 to over $11 billion in 2024, driven by favorable market conditions.
Arch Capital has benefited from higher global yields, boosting net investment income and supporting continued growth in book value per share.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 27, 2026 | $2.67+15.6% vs $2.31 | $4.7B+14.6% vs $4.1B |
Q3 2026 Jul 28, 2026 | $2.56+3.6% vs $2.47 | $4.0B-7.1% vs $4.4B |
Q2 2026 Apr 28, 2026 | $2.50+0.8% vs $2.48 | $4.3B-4.5% vs $4.6B |
Q1 2026 Feb 9, 2026 | $2.98+15.1% vs $2.59 | $3.6B-13.0% vs $4.2B |
Arch Capital (ACGL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
International Assets Investment Management LLC grew its holdings in shares of Arch Capital Group Ltd. (NASDAQ: ACGL) by 147.0% during the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,555 shares of the insurance provider's stock after acquiring an additional 16,397 shares during the
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Arch Capital Group Ltd. ( ACGL ) Q3 2026 Earnings Call October 28, 2026 10:00 AM EDT Company Participants Nicolas Alain Papadopoulo - CEO & Director François Morin - Executive VP, CFO & Treasurer Conference Call Participants Elyse Greenspan - Wells Fargo Securities, LLC, Research Division Pablo Singzon - JPMorgan Chase & Co, Research Division Taylor Scott - Barclays Bank PLC, Research Division Cave Montazeri - Deutsche Bank AG, Research Division Andrew Kligerman - TD Cowen, Research Division Joshua Shanker - BofA Securities, Research Division Rowland Mayor - RBC Capital Markets, Research Division David Motemaden - Evercore ISI Institutional Equities, Research Division Tracy Benguigui - Wolfe Research, LLC Brian Meredith - UBS Investment Bank, Research Division Siddhant Shah - Morgan Stanley, Research Division Michael Zaremski - BMO Capital Markets Equity Research Meyer Shields - Keefe, Bruyette, & Woods, Inc., Research Division Christopher Hartwell - Bernstein Autonomous LLP Yaron Kinar - Mizuho Securities USA LLC, Research Division Presentation Operator Good day, ladies and gentlemen and welcome to the 3Q 2026 Arch Capital Earnings Conference Call.
Benchmark ACGL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Arch Capital Group Ltd. (ACGL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $107.28 | $37.48B | 8.37 | 14.27% | 23.19% | 18.35% | 0.02% | |
| $347.35 | $14.43B | 8.94 | 9.45% | 17.07% | 8.26% | 0.48% | |
| $16.08 | $533.32M | 7.63 | 7.47% | 14.02% | 9.86% | — | |
| $15.94 | $270.99M | -4.07 | 201.72% | -47.43% | -49.2% | — | |
| $105.97 | $7.73B | 6.84 | 9.05% | 16.42% | 17.8% | 1.7% | |
| $1939.04 | $24.02B | 13.46 | -0.96% | 10.47% | 9.53% | 2.5% |
Arch Capital Group Ltd. (ACGL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Arch Capital Group Ltd. (ACGL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 5, 2026·SEC
Oct 30, 2026·SEC
Oct 30, 2026·SEC
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Arch Capital Group Ltd. (ACGL) stock FAQ — growth, dividends, profitability & financials explained
Arch Capital Group Ltd. (ACGL) revenue fell by 3.5% over the trailing twelve months, compared with the twelve months before.
Yes. Arch Capital Group Ltd. (ACGL) earned $4.38B in net income over the trailing twelve months (a 23.2% net margin).
Arch Capital Group Ltd. (ACGL) does not currently pay a meaningful dividend.
Arch Capital Group Ltd. (ACGL) had a return on equity (ROE) of 18.3% over the trailing twelve months. That is above the market's typical 10-15%.
Arch Capital Group Ltd. (ACGL) has a combined ratio of 75.0%. A ratio below 100% indicates underwriting profitability.
