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ACGL logoArch Capital Group Ltd.(ACGL)Earnings, Financials & Key Ratios

ACGL•NASDAQ•Insurance & Managed Care
$94.70
$33.74B mkt cap·8.1× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryDiversified InsuranceSub-IndustryReinsurance (P&C and life)
AboutArch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products. It also provides property, energy, marine, and aviation insurance; travel insurance; accident, disability, and medical plan insurance coverages; captive insurance programs; employer's liability; and contract and commercial surety coverages. This segment markets its products through a group of licensed independent retail and wholesale brokers. Its Reinsurance segment provides casualty reinsurance for third party liability and workers' compensation exposures; marine and aviation; surety, accident and health, workers' compensation catastrophe, agriculture, trade credit, and political risk products; reinsurance protection for catastrophic losses, and personal lines and commercial property exposures; life reinsurance; casualty clash; and risk management solutions. This segment markets its reinsurance products through brokers. The company's Mortgage segment offers direct mortgage insurance and mortgage reinsurance. The company was incorporated in 1995 and is based in Pembroke, Bermuda.Show more
  • Revenue$19.93B+14.3%
  • Combined Ratio75.02%+0.9%
  • Net Income$4.4B+2.0%
  • Return on Equity19.54%-11.2%
  • Medical Cost Ratio62.84%-0.3%
  • Operating Margin24.98%-2.6%
  • Net Margin22.07%-10.7%
  • ROA6.38%-4.0%
  • Equity / Assets36.1%+22.9%
  • Book Value per Share64.36+18.0%
  • Tangible BV/Share56.55+21.7%
  • Debt/Equity0.11-14.0%
Analysis→Technical→

ACGL Key Insights

Arch Capital Group Ltd. (ACGL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Profitable underwriting: 75.0% combined ratio
  • ✓Excellent 3Y average ROE of 23.3%
  • ✓Strong 5Y profit CAGR of 25.6%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓Trading at only 1.5x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ACGL Price & Volume

Arch Capital Group Ltd. (ACGL) stock price & volume — 10-year historical chart

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ACGL Growth Metrics

Arch Capital Group Ltd. (ACGL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years17.49%
5 Years19.17%
3 Years27.32%
TTM14.27%

Profit CAGR

10 Years23.39%
5 Years25.63%
3 Years43.91%
TTM2.02%

EPS CAGR

10 Years23.93%
5 Years28.47%
3 Years45.15%
TTM3.84%

Return on Capital

10 Years7.94%
5 Years12.69%
3 Years15.04%
Last Year11.55%

ACGL Recent Earnings

Arch Capital Group Ltd. (ACGL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 28, 2026
EPS
$2.50
Est $2.48
+0.8%
Revenue
$4.3B
Est $4.6B
-4.5%
Q1 2026
Feb 9, 2026
EPS
$2.98
Est $2.59
+15.1%
Revenue
$3.6B
Est $4.2B
-13.0%
Q4 2025
Oct 27, 2025
EPS
$2.77
Est $2.26
+22.6%
Revenue
$5.0B
Est $4.5B
+10.0%
Q3 2025
Jul 29, 2025
EPS
$2.58
Est $2.30
+12.2%
Revenue
$5.2B
Est $4.3B
+20.0%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$2.50vs $2.48+0.8%
$4.3Bvs $4.6B-4.5%
Q1 2026Feb 9, 2026
$2.98vs $2.59+15.1%
$3.6Bvs $4.2B-13.0%
Q4 2025Oct 27, 2025
$2.77vs $2.26+22.6%
$5.0Bvs $4.5B+10.0%
Q3 2025Jul 29, 2025
$2.58vs $2.30+12.2%
$5.2Bvs $4.3B+20.0%
Based on last 12 quarters of dataView full earnings history →

ACGL Peer Comparison

Arch Capital Group Ltd. (ACGL) competitors in Reinsurance (P&C and life) — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
RNR logoRNRRenaissanceRe Holdings Ltd.Direct Competitor13.06B302.635.349.45%26.93%16.59%0.12
GLRE logoGLREGreenlight Capital Re, Ltd.Direct Competitor606.27M17.848.227.47%11.46%11.68%0.01
PRE logoPREPrenetics Global LimitedDirect Competitor242.43M15.90-3.83201.72%-67.43%-28.88%0.01
AXS logoAXSAXIS Capital Holdings LimitedDirect Competitor7.33B99.378.059.05%16.18%16.93%0.23
MKL logoMKLMarkel CorporationDirect Competitor22.34B1785.5810.55-0.96%10.7%9.56%0.23
ERIE logoERIEErie Indemnity CompanyDirect Competitor9.86B213.5620.117.17%13.2%25.03%
AIG logoAIGAmerican International Group, Inc.Product Competitor41.69B77.6914.31-1.82%11.86%7.7%0.22
HIG logoHIGThe Hartford Financial Services Group, Inc.Product Competitor36.71B133.4910.027.1%14.13%22.01%0.23

Compare ACGL vs Peers

Arch Capital Group Ltd. (ACGL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RNR

Most directly comparable listed peer for ACGL.

Scale Benchmark

vs CB

Larger-name benchmark to compare ACGL against a more recognizable public peer.

Peer Set

Compare Top 5

vs RNR, GLRE, PRE, AXS

ACGL Income Statement

Arch Capital Group Ltd. (ACGL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Revenue5.37B5.47B6.78B8.29B8.92B9.66B13.29B17.44B19.93B
Revenue Growth %20.61%1.96%23.88%22.27%7.62%8.21%37.66%31.19%14.27%
Medical Costs & Claims3.74B3.7B3.97B5.69B5.89B6.77B8.56B10.99B12.52B
Medical Cost Ratio %69.71%67.5%58.6%68.68%65.98%70.08%64.37%63.03%62.84%
Gross Profit
1.63B▲ 0%
1.78B▲ 9.4%
2.81B▲ 57.8%
2.6B▼ 7.5%
3.04B▲ 16.9%
2.89B▼ 4.8%
4.74B▲ 63.9%
6.45B▲ 36.1%
7.41B▲ 14.9%
Gross Margin %30.29%32.5%41.4%31.32%34.02%29.92%35.63%36.97%37.16%
Gross Profit Growth %1.75%9.39%57.79%-7.48%16.89%-4.84%63.93%36.13%14.88%
Operating Expenses1.01B982.96M1.08B1.18B1.3B1.52B1.63B1.97B2.43B
OpEx / Revenue %18.84%17.96%15.99%14.27%14.56%15.71%12.25%11.31%12.18%
Depreciation & Amortization125.78M105.67M82.1M69.03M82M106M95M235M193M
Combined Ratio %88.55%85.46%74.59%82.95%80.54%85.79%76.63%74.35%75.02%
Operating Income
614.99M▲ 0%
796.13M▲ 29.5%
1.72B▲ 116.4%
1.41B▼ 17.9%
1.74B▲ 22.8%
1.37B▼ 21.0%
3.11B▲ 126.5%
4.47B▲ 44.0%
4.98B▲ 11.3%
Operating Margin %11.45%14.54%25.41%17.05%19.46%14.21%23.37%25.65%24.98%
Operating Income Growth %-23.8%29.45%116.45%-17.94%22.84%-21.01%126.46%44%11.29%
EBITDA740.77M901.8M1.81B1.48B1.82B1.48B3.2B4.71B5.17B
EBITDA Margin %13.8%16.47%26.62%17.89%20.38%15.3%24.09%27%25.95%
Interest Expense117.43M120.48M120.87M143.46M139M131M133M141M148M
Non-Operating Income-259.72M-166.13M-244.54M-290.15M-505M-246M-411M-141M-180M
Pretax Income
757.28M▲ 0%
841.77M▲ 11.2%
1.85B▲ 119.7%
1.58B▼ 14.7%
2.37B▲ 50.0%
1.56B▼ 34.0%
3.57B▲ 128.5%
4.67B▲ 31.0%
5.16B▲ 10.4%
Pretax Margin %14.1%15.38%27.27%19.03%26.52%16.17%26.85%26.8%25.89%
Income Tax127.57M113.95M155.81M111.84M128M80M-873M362M760M
Effective Tax Rate %16.85%13.54%8.43%7.09%5.41%5.12%-24.46%7.74%14.73%
Net Income
619.28M▲ 0%
757.97M▲ 22.4%
1.64B▲ 115.9%
1.41B▼ 14.1%
2.16B▲ 53.5%
1.48B▼ 31.6%
4.44B▲ 201.0%
4.31B▼ 2.9%
4.4B▲ 2.0%
Net Margin %11.53%13.85%24.13%16.95%24.17%15.28%33.42%24.72%22.07%
Net Income Growth %-10.6%22.4%115.88%-14.1%53.47%-31.57%201.02%-2.95%2.02%
EPS (Diluted)
1.36▲ 0%
1.84▲ 35.3%
3.87▲ 110.3%
3.32▼ 14.2%
5.23▲ 57.5%
3.80▼ 27.3%
11.62▲ 205.8%
11.19▼ 3.7%
11.62▲ 3.8%
EPS Growth %-23.6%35.29%110.33%-14.21%57.53%-27.34%205.79%-3.7%3.84%
EPS (Basic)1.401.873.973.385.343.9011.9411.4711.84
Diluted Shares Outstanding417.79M412.91M411.61M410.26M400.35M377.61M378.8M381.8M376.1M

ACGL Balance Sheet

Arch Capital Group Ltd. (ACGL) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Assets32.05B32.22B37.89B43.28B45.1B47.99B58.91B70.91B67.06B
Asset Growth %9.12%0.52%17.59%14.25%4.2%6.41%22.75%20.37%-5.43%
Total Investment Assets37.2B37.46B41.49B46.96B27.78B28.27B35.04B41.83B47.82B
Long-Term Investments21.36B21.47B23.26B25.76B21.5B22.63B27.91B33.5B37.45B
Short-Term Investments15.84B15.99B18.23B21.2B6.28B5.64B7.13B8.33B10.55B
Total Current Assets000019.36B20.39B24.04B28.14B8.99B
Cash & Equivalents606.2M646.56M726.23M906.45M858.67M855M917M979M993M
Receivables5.65B6.3B8.24B8.55B10.49B12.09B13.82B16.4B7.99B
Other Current Assets-23.03B-23.91B-28.43B-31.89B0000-13.21B
Goodwill & Intangibles652.61M634.92M738.08M692.86M1.85B2.07B2.26B3.08B2.94B
Goodwill198.24M249.62M326.55M314.63M344.87M342M345M571M607M
Intangible Assets454.38M385.3M411.53M378.23M1.5B1.73B1.92B2.51B2.33B
PP&E (Net)000000000
Other Assets-22.02B-22.11B-24B-26.45B2.39B2.91B4.7B6.18B17.68B
Total Liabilities21.81B21.78B25.57B29.29B31.55B35.07B40.55B50.09B42.85B
Total Debt2.55B2.19B2.36B3.02B2.72B2.73B2.73B2.73B2.73B
Net Debt1.94B1.54B1.63B2.11B1.87B1.87B1.81B1.75B1.74B
Long-Term Debt1.73B1.73B1.87B2.86B2.72B2.73B2.73B2.73B2.73B
Short-Term Debt816.13M455.68M484.29M155.69M00000
Total Current Liabilities000027.49B30.98B35.88B44.32B7.44B
Accounts Payable2.3B2.47B2.79B2.68B3.42B3.26B3.82B4.3B4.6B
Deferred Revenue00006.01B7.34B8.81B10.22B7.44B
Other Current Liabilities-3.12B-2.93B-3.27B-2.83B18B20.28B23.01B29.62B-4.91B
Deferred Taxes000000000
Other Liabilities-1.73B-1.73B-1.87B-2.86B1.33B1.37B1.94B3.04B32.68B
Total Equity
10.25B▲ 0%
10.44B▲ 1.9%
12.32B▲ 18.0%
13.99B▲ 13.6%
13.56B▼ 3.1%
12.92B▼ 4.7%
18.36B▲ 42.1%
20.82B▲ 13.4%
24.21B▲ 16.3%
Equity Growth %10.04%1.87%17.99%13.58%-3.09%-4.68%42.06%13.43%16.26%
Shareholders Equity9.2B9.44B11.5B13.11B13.55B12.91B18.35B20.82B24.21B
Minority Interest1.05B997.85M818.18M881.55M9.23M11M2M00
Retained Earnings8.56B9.43B11.02B12.36B14.46B15.89B20.3B22.69B27.05B
Common Stock611K634K638K643K648K1M1M1M1M
Accumulated OCI118.04M-178.72M212.09M488.89M-64.6M-1.65B-676M-720M5M
Return on Equity (ROE)6.33%7.33%14.38%10.69%15.66%11.15%28.41%22.01%19.54%
Return on Assets (ROA)2.02%2.36%4.67%3.46%4.88%3.17%8.31%6.64%6.38%
Equity / Assets31.97%32.4%32.51%32.32%30.06%26.92%31.16%29.36%36.1%
Debt / Equity0.25x0.21x0.19x0.22x0.20x0.21x0.15x0.13x0.11x
Book Value per Share24.5225.2829.9234.0933.8634.2248.4654.5364.36
Tangible BV per Share22.9623.7428.1332.4129.2528.7442.4846.4556.55

ACGL Cash Flow Statement

Arch Capital Group Ltd. (ACGL) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations1.11B1.56B2.05B2.89B3.43B3.82B5.75B6.67B6.17B
Operating CF Growth %-20.34%40.15%31.37%40.91%18.74%11.33%50.66%16.07%-7.51%
Operating CF / Revenue %20.72%28.48%30.21%34.81%38.41%39.52%43.25%38.26%30.97%
Net Income629.71M727.82M1.69B1.47B2.24B1.48B4.44B4.31B4.4B
Depreciation & Amortization125.78M105.67M82.1M69.03M82.95M106.2M95M235M193M
Stock-Based Compensation67.8M55.78M66.42M71.26M88M88M93M133M148M
Deferred Taxes000000000
Other Non-Cash Items-246.92M427.07M-391.98M-892.58M-889.86M804.38M-33M-673M-1.31B
Working Capital Changes518.51M242.98M598.62M2.17B1.91B1.33B1.15B2.67B2.75B
Cash from Investing-1.36B-554.02M-1.81B-3.04B-2.14B-3.1B-5.47B-4.46B-4.04B
Capital Expenditures-22.84M-29.81M-37.84M-39.87M-41.39M-51.67M-52M-51M-44M
Acquisitions-27.71M000-1.1B1.55B0852M0
Purchase of Investments-40.61B-35.86B-32.3B-44.2B-38.53B-18.98B-21.39B-36.47B-40.17B
Sale/Maturity of Investments39.18B35.13B30.94B41.18B38.06B15.8B15.99B31.24B36.07B
Other Investing123.01M202.62M-410.68M19.01M-523.86M-1.43B-23M-30M106M
Cash from Financing-3.4M-988.81M-80.66M521.28M-1.23B-706M-69M-1.93B-1.89B
Dividends Paid-46.04M-41.65M-41.61M-41.61M-47M-40M-40M-1.91B-47M
Share Repurchases-251.05M-382.93M-2.87M-83.47M-1.23B-586M-2M-24M-1.89B
Stock Issued006.2M1.88M6M6M07M50M
Debt Issuance (Net)1000K-1000K1000K1000K00000
Other Financing-82.42M-206.1M-193.28M-15.31M51.45M-86M-27M-2M-4M
Net Change in Cash
-236.74M▲ 0%
-2.64M▲ 98.9%
179.06M▲ 6879.8%
386.85M▲ 116.0%
24.23M▼ 93.7%
-41M▼ 269.2%
225M▲ 648.8%
262M▲ 16.4%
307M▲ 17.2%
Exchange Rate Effect14.04M-19.13M17.74M22.29M-34.05M-50M13M-25M61M
Cash at Beginning842.94M727.28M724.64M903.7M1.29B1.31B1.27B1.5B1.76B
Cash at End606.2M724.64M903.7M1.29B1.31B1.27B1.5B1.76B2.07B
Free Cash Flow
1.09B▲ 0%
1.53B▲ 40.4%
2.01B▲ 31.5%
2.85B▲ 41.6%
3.39B▲ 19.0%
3.76B▲ 11.1%
5.7B▲ 51.4%
6.62B▲ 16.2%
6.13B▼ 7.5%
FCF Growth %-21.11%40.35%31.45%41.58%18.95%11.15%51.37%16.24%-7.46%
FCF Margin %20.3%27.94%29.65%34.33%37.94%38.97%42.85%37.97%30.75%
FCF per Share2.613.74.886.948.469.9715.0417.3416.29

ACGL Key Ratios

Arch Capital Group Ltd. (ACGL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Combined Ratio81.87%88.55%85.46%74.59%82.95%80.54%85.79%76.63%74.35%75.02%
Medical Cost Ratio64.09%69.71%67.5%58.6%68.68%65.98%70.08%64.37%63.03%62.84%
Return on Equity (ROE)8.44%6.33%7.33%14.38%10.69%15.66%11.15%28.41%22.01%19.54%
Return on Assets (ROA)2.64%2.02%2.36%4.67%3.46%4.88%3.17%8.31%6.64%6.38%
Equity / Assets31.7%31.97%32.4%32.51%32.32%30.06%26.92%31.16%29.36%36.1%
Book Value / Share24.8924.5225.2829.9234.0933.8634.2248.4654.5364.36
Debt / Equity0.27x0.25x0.21x0.19x0.22x0.20x0.21x0.15x0.13x0.11x
Revenue Growth11.93%20.61%1.96%23.88%22.27%7.62%8.21%37.66%31.19%14.27%

ACGL SEC Filings & Documents

Arch Capital Group Ltd. (ACGL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Apr 20, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

5
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 5, 2025·SEC

FY 2025

May 7, 2025·SEC

ACGL Frequently Asked Questions

Arch Capital Group Ltd. (ACGL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Arch Capital Group Ltd. (ACGL) grew revenue by 14.3% over the past year. This is steady growth.

Yes, Arch Capital Group Ltd. (ACGL) is profitable, generating $4.40B in net income for fiscal year 2025 (22.1% net margin).

Dividend & Returns

Arch Capital Group Ltd. (ACGL) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

Arch Capital Group Ltd. (ACGL) has a return on equity (ROE) of 19.5%. This is reasonable for most industries.

Industry Metrics

Arch Capital Group Ltd. (ACGL) has a combined ratio of 75.0%. A ratio below 100% indicates underwriting profitability.

Explore More ACGL

Arch Capital Group Ltd. (ACGL) financial analysis — history, returns, DCA and operating performance tools

Full ACGL Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

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Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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