ACGL
NASDAQ · USDArch Capital Group Ltd.
Financial Services · Insurance - Diversified
CEO Nicolas Alain Emmanuel Papadopoulo
Employees 8,000
R&D / revenue 0.0%
Last price
$101.27+1.97%last session
Market cap
$34.6B
P/E (TTM)
7.8x
From 52w high
−5.4%
From 52w low
+22.8%
1-year return
+17.4%
RSI 14 · vs SMA200
68.0 · +5.1%
IS score
61.0/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
ACGL SPY XLF (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe72Profitability
49Growth
87Value
77Momentum
100Risk (safety)
86Quality
73Balance sheet
72Earnings quality
Flags
Strengths
✓ Net cash✓ Insider buying✓ Congress buying
Warnings
None of the computed warning flags fires for ACGL (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Narrow, Efficient ScalePiotroski 7 / 9Beta 0.283 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
1
$0.50M bought
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
1
Last disclosed purchase 2026-05-01
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−5
109 new holders, 103 closed
910 filers hold 91.7% · 316 added, 378 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+40
1,207 funds adding shares
1,167 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
62.4%
20-day avg 52.2%, 50-day avg 44.6%
Latest 10.2 pp over its 20-day average · a flow, not short interest
Key financials · FY2025
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$19.9B
Revenue growth YoY+17.7%
Gross margin37.2%
Operating income$5.0B
Operating margin25.0%
Net income$4.4B
Net margin22.1%
EPS (diluted)$11.62
Cash flow
Operating cash flow$6.2B
Capital expenditure$44.0M
Free cash flow$6.1B
FCF conversion (FCF / OCF)99.3%
Stock-based compensation$148.0M
FCF less SBC$6.0B
Buybacks$1.9B
Dividends$47.0M
Balance sheet & returns
Cash & short-term investments$11.5B
Total debt$2.7B
Net cash$8.8B
Shareholders' equity$24.2B
Goodwill & intangibles$2.9B
Debt / equity0.18
ROE (TTM)19.5%
ROIC (TTM)14.3%
Operating margin by fiscal year
Revenue $8.9B (FY2021) to $19.9B (FY2025), a 22.2% CAGR.
Valuation
P/E (TTM)7.8x
EV / EBITDA6.7x
Price / sales1.80x
Price / FCF5.7x
FCF yield17.52%
Buyback yield5.47%
SBC / revenue0.8%
Price / book1.45x
Forward P/E FY202610.3x
Forward P/E FY202710.3x
Forward P/E FY20289.6x
Forward multiples divide today's price by Street EPS estimates. Street mean target $107.00 across 5 analysts last quarter is theirs, not ours.
ACGL vs industry median
65 companies in Insurance - Diversified
ACGL (TTM)Industry median
Asset turnover 0.23 vs industry 0.19 · financial leverage 3.54
Earnings delivery
Next report 2026-10-27 · consensus EPS $2.30100%
beat rate, 12 of 12 quarters
+16.5%
median EPS surprise
12
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-30 to 2026-07-28. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| ACGL Arch Capital Group Ltd. | $34.6B | 7.8x | 19.5% | 24.4% | +17.7% | +17.4% |
| HIG The Hartford Insurance Group | $36.6B | 8.7x | 23.5% | 17.9% | +6.5% | +9.4% |
| AIG American International Group | $42.8B | 14.7x | 7.2% | 13.4% | −3.8% | +7.4% |
| ATH Athene Holding Ltd. | $19.8B | 30.5x | 1.2% | 18.4% | +69.8% | — |
| BNT Brookfield Wealth Solutions | $12.2B | 76.4x | 0.8% | 3.4% | −14.9% | −16.4% |
| AXS AXIS Capital Holdings Limite | $7.3B | 6.2x | 19.4% | 21.9% | +11.6% | +8.1% |
| WTM White Mountains Insurance Gr | $5.2B | 4.9x | 22.3% | 23.6% | +8.6% | — |
| ARES Ares Management Corporation | $36.9B | 49.0x | 15.0% | 10.5% | +45.4% | — |
12-month window: SPY +15.9%, sector ETF XLF +7.2%. Past returns describe history only.
Recent 8-K filings
No 8-K filings on file.
Context
Shares outstanding341,229,132
Free float97.1%
Institutional ownership91.7%
Beta0.28
Dividend yield0.00%
Last dividend$5.00 on 2024-11-18
50 / 200-day average$97.13 / $96.36
Large-cap Financial Services median P/E14.0x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where ACGL sits among 14 scored companies in Insurance - Diversified (0 = lowest value, 100 = highest). It is a position, not a grade. Balance-sheet ratios built for operating companies are n/a for lenders and insurers.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | ACGL | Industry percentile |
|---|---|---|
| P/E (TTM) | 7.4x | 31st |
| PEG (P/E ÷ 3-yr EPS CAGR) | 0.20 | 50th |
| Price / sales | 1.8x | 62nd |
| Price / book | 1.4x | 62nd |
| Price / tangible book | 1.5x | 54th |
| Price / free cash flow | n/a | |
| Price / operating cash flow | n/a | |
| Enterprise value | n/a | |
| EV / sales | n/a | |
| EV / EBITDA | n/a | |
| EV / EBIT | n/a | |
| EV / free cash flow | n/a | |
| Earnings yield | 13.6% | 69th |
| FCF yield | n/a | |
| Operating cash flow yield | n/a | |
| Graham number (per share) | $144.40 | 38th |
Profitability (TTM)
| Measure | ACGL | Industry percentile |
|---|---|---|
| Gross margin | n/a | |
| EBITDA margin | n/a | |
| Operating margin | 27.4% | 69th |
| EBIT margin | 28.4% | 69th |
| Net margin | 24.4% | 69th |
| NOPAT margin | 23.9% | 69th |
| FCF margin | n/a | |
| Operating cash flow margin | n/a | |
| R&D / revenue | 0.0% | 0th |
| SG&A / revenue | — | |
| Stock comp / revenue | 0.8% | 54th |
| Effective tax rate | 12.8% | 23rd |
Returns on capital
| Measure | ACGL | Industry percentile |
|---|---|---|
| ROE (on average equity) | 19.9% | 62nd |
| ROA | 5.7% | 54th |
| ROIC | n/a | |
| ROCE | n/a | |
| Return on tangible assets | 6.6% | 54th |
| Cash ROIC (OCF / invested capital) | n/a | |
| Gross profitability (GP / assets) | n/a | |
| ROIC, 3-yr average | n/a | |
| ROIC, 5-yr average | n/a | |
| ROE, 5-yr average | 18.6% | 75th |
| Incremental ROIC | n/a |
Growth
| Measure | ACGL | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | 6.5% | 58th |
| Revenue growth (QoQ) | 2.5% | 15th |
| Revenue CAGR, 3 yr | 21.0% | 75th |
| Revenue CAGR, 5 yr | 16.6% | 82nd |
| Gross profit CAGR, 3 yr | n/a | |
| Operating income CAGR, 3 yr | 40.0% | 58th |
| Net income growth (TTM YoY) | 5.9% | 25th |
| Net income CAGR, 3 yr | 33.0% | 67th |
| EPS growth (TTM YoY) | 15.4% | 25th |
| EPS CAGR, 3 yr | 36.5% | 67th |
| EPS CAGR, 5 yr | 26.5% | 73rd |
| FCF growth (TTM YoY) | n/a | |
| FCF CAGR, 3 yr | n/a | |
| Operating cash flow CAGR, 3 yr | n/a | |
| Book value CAGR, 3 yr | 23.0% | 83rd |
| Dividend CAGR, 3 yr | -70.6% | 0th |
| Sustainable growth rate | 19.7% | 62nd |
Margin history & stability
| Measure | ACGL | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | n/a | |
| Operating margin, 3-yr average | 25.8% | 75th |
| Net margin, 3-yr average | 27.8% | 83rd |
| FCF margin, 3-yr average | n/a | |
| Revenue stability (0-1) | 0.94 | 58th |
| Earnings stability (0-1) | 0.78 | 67th |
| Margin stability (0-1) | 0.85 | 92nd |
Liquidity (latest quarter)
| Measure | ACGL | Industry percentile |
|---|---|---|
| Cash & short-term investments | n/a | |
| Net cash (− = net debt) | n/a | |
| Working capital | n/a | |
| Current ratio | n/a | |
| Quick ratio | n/a | |
| Cash ratio (cash + ST investments / current liabilities) | n/a | |
| Defensive interval (days) | n/a |
Leverage & solvency (latest quarter)
| Measure | ACGL | Industry percentile |
|---|---|---|
| Total debt | n/a | |
| Debt / equity | n/a | |
| Net debt / equity | n/a | |
| Debt / assets | n/a | |
| Debt / capital | n/a | |
| Debt / EBITDA | n/a | |
| Net debt / EBITDA | n/a | |
| Interest coverage (EBIT / interest) | n/a | |
| Cash interest coverage | n/a | |
| Debt payback (years of OCF) | n/a | |
| Liabilities / assets | 71.8% | 38th |
| IS credit model rating | AAA | |
| Implied credit spread (bps) | 50 | 0th |
Efficiency
| Measure | ACGL | Industry percentile |
|---|---|---|
| Asset turnover | n/a | |
| Fixed asset turnover | n/a | |
| Inventory turnover | n/a | |
| Receivables turnover | n/a | |
| Days sales outstanding | n/a | |
| Days inventory outstanding | n/a | |
| Days payables outstanding | n/a | |
| Cash conversion cycle (days) | n/a | |
| Capex / revenue | n/a | |
| Capex / depreciation | n/a | |
| Operating expense ratio | n/a |
Cash flow & earnings quality
| Measure | ACGL | Industry percentile |
|---|---|---|
| Operating cash flow / net income | n/a | |
| FCF / net income | n/a | |
| FCF / operating cash flow | n/a | |
| Capex / operating cash flow | n/a | |
| Accruals ratio | n/a | |
| Sloan accruals ratio | n/a | |
| Earnings quality score (0-1) | n/a |
Scores & forensic checks
| Measure | ACGL | Industry percentile |
|---|---|---|
| IS score | 61 | 62nd |
| IS profitability | 72 | 69th |
| IS growth | 49 | 33rd |
| IS value | 87 | 62nd |
| IS momentum | 77 | 58th |
| IS risk (safety) | 100 | 23rd |
| IS quality | 86 | 85th |
| IS balance sheet | 73 | 23rd |
| IS earnings quality | 72 | 46th |
| IS cash flow | 86 | 69th |
| Piotroski F-score (0-9) | 7 | 54th |
| Altman Z-score | — | |
| Beneish M-score | — | |
| Ohlson O-score | −7.16 | 50th |
| IS credit score | 96 | 77th |
Size (TTM)
| Measure | ACGL | Industry percentile |
|---|---|---|
| Market cap | $34.6B | 62nd |
| Revenue | $19.2B | 46th |
| EBITDA | $5.6B | 62nd |
| Net income | $4.7B | 69th |
| Free cash flow | n/a | |
| Total assets | $85.2B | 31st |
| Shareholders' equity | $24.0B | 54th |
| Employees | 8,000 | 46th |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-09-14 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 7,682 | $92.48 | $710,431 | 0 |
| 2026-09-14 | Schmeiser Robert Michael CEO, Arch Global Mortgage Grp. |
— | 3,841 | $92.48 | $355,216 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 12,870 | $27.09 | $348,606 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 13,746 | $25.28 | $347,544 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 15,822 | $21.55 | $340,964 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 15,929 | $27.67 | $440,755 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 15,461 | $37.42 | $578,551 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 13,692 | $30.82 | $421,987 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 10,510 | $42.54 | $447,095 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 6,604 | $64.17 | $423,779 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 813 | $66.70 | $54,227 | 0 |
| 2026-09-03 | Halgan Jerome CEO, Arch Glob Reinsurance Grp |
— | 5,534 | $82.22 | $455,005 | 0 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Award / grant | Acquired | 16 | 29,203 | — |
| Gift | Disposed | 1 | 1,006,700 | — |
| Gift | Acquired | 1 | 1,006,700 | — |
| Open-market buy | Acquired | 1 | 5,300 | $498,650 |
| Open-market sale | Disposed | 3 | 16,010 | $1.2M |
| Option exercise | Acquired | 1 | 11,010 | $298,225 |
| Option exercise | Disposed | 1 | 11,010 | $298,225 |
| — | Disposed | 24 | 186,675 | $9.5M |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| None on file. | |||
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 2 trades (1 purchases) · Senate 0 (0 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2026-09-04 | Ro Khanna | House | Sale | $1,001 - $15,000 | 2026-10-09 |
| 2026-05-01 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2026-06-11 |
| 2025-09-29 | Ro Khanna | House | Purchase | $1,001 - $15,000 | 2025-10-03 |
| 2025-05-12 | Jefferson Shreve | House | Sale | $15,001 - $50,000 | 2025-06-23 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| BlackRock, Inc. | 30,220,703 | $2.9B | 8.86% |
| VANGUARD CAPITAL MANAGEMENT LLC | 22,221,428 | $2.2B | 6.51% |
| Artisan Partners Limited Partnership | 21,595,895 | $2.1B | 6.33% |
| STATE STREET CORP | 16,251,212 | $1.6B | 4.76% |
| BAMCO INC /NY/ | 15,872,450 | $1.5B | 4.65% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 14,527,363 | $1.4B | 4.26% |
| WCM INVESTMENT MANAGEMENT, LLC | 11,973,574 | $1.2B | 3.51% |
| GEODE CAPITAL MANAGEMENT, LLC | 10,507,722 | $1.0B | 3.08% |
| JPMORGAN CHASE & CO | 5,112,525 | $501.3M | 1.50% |
| Invesco Ltd. | 4,947,084 | $480.2M | 1.45% |
| NORGES BANK | 4,675,717 | $453.8M | 1.37% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 4,493,790 | $436.2M | 1.32% |
| DIMENSIONAL FUND ADVISORS LP | 4,218,184 | $409.5M | 1.24% |
| Allspring Global Investments Holdings, LLC | 4,088,285 | $402.9M | 1.20% |
| Madison Asset Management, LLC | 3,799,789 | $368.8M | 1.11% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| 2026-06-30 | 910 | 91.7% | 109 | 316 | 378 | 103 |
| 2026-03-31 | 915 | 92.6% | 114 | 325 | 353 | 101 |
| 2025-12-31 | 921 | 94.8% | 163 | 336 | 314 | 66 |
| 2025-09-30 | 841 | 95.1% | 88 | 317 | 328 | 90 |
| 2025-06-30 | 853 | 98.0% | 98 | 353 | 288 | 84 |
| 2025-03-31 | 848 | 97.7% | 104 | 318 | 314 | 83 |
| 2024-12-31 | 844 | 99.5% | 117 | 325 | 301 | 104 |
| 2024-09-30 | 845 | 97.0% | 104 | 347 | 288 | 53 |
| 2024-06-30 | 803 | 96.6% | 90 | 335 | 273 | 79 |
| 2024-03-31 | 802 | 95.8% | 108 | 322 | 282 | 63 |
| 2023-12-31 | 764 | 95.3% | 149 | 284 | 242 | 57 |
| 2023-09-30 | 685 | 97.4% | 87 | 282 | 228 | 61 |
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| None on file. | ||||
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| VITSX | 0.04% | $948.4M |
| VSMPX | 0.04% | $948.4M |
| VTSAX | 0.04% | $948.4M |
| VTI | 0.04% | $948.4M |
| VOO | 0.05% | $824.0M |
| VFFSX | 0.05% | $824.0M |
Share structure
Shares outstanding341,229,132
Float331,388,638
Free float97.1%
Income statement
Fiscal years, USD| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | $8.9B | $9.7B | $13.3B | $16.9B | $19.9B |
| Cost of revenue | $5.9B | $6.8B | $8.6B | $11.0B | $12.5B |
| Gross profit | $3.0B | $2.9B | $4.7B | $5.9B | $7.4B |
| R&D | $0 | $0 | $0 | $0 | $0 |
| SG&A | $78.0M | $95.0M | $102.0M | $0 | $0 |
| Operating income | $1.7B | $1.4B | $3.1B | $4.5B | $5.0B |
| EBITDA | $2.3B | $1.7B | $3.6B | $4.8B | $5.4B |
| Pretax income | $2.4B | $1.6B | $3.6B | $4.7B | $5.2B |
| Income tax | $128.0M | $80.0M | −$873.0M | $362.0M | $760.0M |
| Net income | $2.2B | $1.5B | $4.4B | $4.3B | $4.4B |
| EPS, diluted | $5.23 | $3.80 | $11.62 | $11.19 | $11.62 |
| Diluted shares | 400.3M | 377.6M | 378.8M | 381.8M | 376.1M |
Balance sheet
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $7.1B | $6.5B | $8.0B | $9.3B | $11.5B |
| Receivables | $10.3B | $11.9B | $13.5B | $16.1B | $8.0B |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $0 | $0 | $0 | $0 | $9.0B |
| PP&E, net | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangibles | $945.0M | $804.0M | $731.0M | $1.4B | $2.9B |
| Total assets | $45.1B | $48.0B | $58.9B | $70.9B | $67.1B |
| Accounts payable | $3.4B | $3.3B | $3.8B | $4.3B | $4.6B |
| Total current liabilities | $3.4B | $0 | $0 | $0 | $7.4B |
| Long-term debt | $2.7B | $2.7B | $2.7B | $2.7B | $2.7B |
| Total liabilities | $31.5B | $35.1B | $40.6B | $50.1B | $42.9B |
| Shareholders' equity | $13.6B | $12.9B | $18.4B | $20.8B | $24.2B |
Cash flow statement
Outflows are negative| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Net income | $2.2B | $1.5B | $4.4B | $4.3B | $4.4B |
| Depreciation & amortization | $83.0M | $106.2M | $95.0M | $235.0M | $193.0M |
| Stock-based compensation | $88.0M | $88.0M | $93.0M | $133.0M | $148.0M |
| Change in working capital | $1.9B | $1.3B | $1.2B | $2.7B | $2.7B |
| Operating cash flow | $3.4B | $3.8B | $5.7B | $6.7B | $6.2B |
| Capital expenditure | −$41.4M | −$51.7M | −$52.0M | −$51.0M | −$44.0M |
| Free cash flow | $3.4B | $3.8B | $5.7B | $6.6B | $6.1B |
| Investing cash flow | −$2.1B | −$3.1B | −$5.5B | −$4.5B | −$4.0B |
| Net debt issued / repaid | $0 | $0 | $0 | $0 | $0 |
| Buybacks | −$1.2B | −$586.0M | −$2.0M | −$24.0M | −$1.9B |
| Dividends paid | −$47.0M | −$40.0M | −$40.0M | −$1.9B | −$47.0M |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 34.0% | 29.9% | 35.6% | 35.1% | 38.1% |
| Operating margin | 19.5% | 14.2% | 23.4% | 24.9% | 26.4% |
| Net margin | 24.2% | 15.3% | 33.4% | 25.5% | 24.0% |
| FCF margin | 37.9% | 39.0% | 42.9% | 39.1% | 31.4% |
| ROE | 16.2% | 11.2% | 28.4% | 22.0% | 20.5% |
| ROIC | 18.0% | 14.3% | 29.7% | 27.3% | 29.6% |
| ROA | 4.9% | 3.2% | 8.3% | 6.6% | 6.8% |
| Debt / equity | 0.20 | 0.21 | 0.15 | 0.13 | 0.11 |
| Interest coverage | 16.1x | 12.4x | 26.5x | 32.7x | 36.1x |
| Current ratio | 0.00 | — | — | — | 1.21 |
| Revenue growth | +7.5% | +8.2% | +37.7% | +27.4% | +22.5% |
| EPS growth | +61.9% | −27.2% | +189.9% | −3.7% | −15.3% |
| P/E at year end | 7.6x | 14.8x | 6.0x | 8.2x | 7.6x |
| EV / EBITDA at year end | 5.2x | 10.5x | 6.0x | 5.9x | 4.8x |
| FCF yield at year end | 20.60% | 17.23% | 21.24% | 18.73% | 17.29% |
| Dividend payout | 2.2% | 2.7% | 0.9% | 44.2% | 40.1% |
Revenue by segment
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Reinsurance Segment | $2.8B | $4.0B | $5.8B | $7.2B | $8.1B |
| Insurance Segment | $3.6B | $4.6B | $5.4B | $6.6B | $7.8B |
| Mortgage Segment | $1.3B | $1.2B | $1.2B | $1.2B | $1.2B |
| Corporate and Other | $332.0M | — | — | — | — |
Revenue by region · FY2025
Reinsurance Segment$8.1B · 48%
Insurance Segment$7.8B · 46%
Mortgage Segment$1.2B · 7%
Street estimates by fiscal year
Next report 2026-10-27 · consensus EPS $2.30 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $16.4B | $16.2B – $16.5B | $9.79 | $9.41 – $10.41 | 12 | 10.3x |
| 2027 | $16.3B | $16.0B – $16.6B | $9.81 | $9.09 – $10.46 | 12 | 10.3x |
| 2028 | $16.9B | $16.0B – $17.8B | $10.53 | $9.45 – $11.46 | 5 | 9.6x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-07-28 | $2.47 | $2.56 | +3.6% | $4.4B | $4.0B | −7.1% |
| 2026-04-28 | $2.48 | $2.50 | +0.8% | $4.6B | $4.3B | −4.5% |
| 2026-02-09 | $2.59 | $2.98 | +15.1% | $4.2B | $3.6B | −13.0% |
| 2025-10-27 | $2.26 | $2.77 | +22.6% | $4.5B | $5.0B | +10.0% |
| 2025-07-29 | $2.30 | $2.58 | +12.2% | $4.3B | $5.2B | +20.0% |
| 2025-04-29 | $1.32 | $1.54 | +16.7% | $4.6B | $4.6B | +0.7% |
| 2025-02-10 | $1.90 | $2.26 | +18.9% | $4.0B | $4.5B | +12.3% |
| 2024-10-30 | $1.96 | $1.99 | +1.5% | $3.9B | $4.6B | +15.9% |
| 2024-07-30 | $2.21 | $2.57 | +16.3% | $3.9B | $4.1B | +5.0% |
| 2024-04-29 | $2.10 | $2.45 | +16.7% | $3.8B | $3.8B | +2.0% |
| 2024-02-14 | $1.94 | $2.49 | +28.4% | $3.2B | $3.9B | +21.5% |
| 2023-10-30 | $1.61 | $2.31 | +43.5% | $3.2B | $3.3B | +1.3% |
| 2023-07-26 | $1.58 | $1.92 | +21.5% | $3.0B | $3.1B | +2.2% |
| 2023-04-26 | $1.45 | $1.73 | +19.3% | $3.1B | $3.1B | −0.7% |
| 2023-02-13 | $1.34 | $2.14 | +59.7% | $2.4B | $3.0B | +21.8% |
| 2022-10-26 | $0.24 | $0.28 | +16.7% | $2.5B | $2.5B | +1.8% |
| 2022-07-27 | $1.09 | $1.34 | +22.9% | $2.4B | $2.2B | −8.3% |
| 2022-04-27 | $1.13 | $1.10 | −2.7% | $2.7B | $1.9B | −28.4% |
| 2022-02-09 | $1.00 | $1.27 | +27.0% | $2.1B | $2.2B | +7.8% |
| 2021-10-27 | $0.36 | $0.74 | +105.6% | $1.4B | $2.0B | +43.3% |
| 2021-07-28 | $0.90 | $1.00 | +11.1% | $2.2B | $2.4B | +9.3% |
| 2021-04-27 | $0.50 | $0.59 | +18.0% | $1.5B | $2.2B | +45.4% |
| 2021-02-09 | $0.50 | $0.56 | +12.0% | $2.1B | $2.2B | +4.9% |
| 2020-10-29 | $0.25 | $0.29 | +16.0% | $1.5B | $2.1B | +43.8% |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)| Week of | Notional | Shares | Trades |
|---|---|---|---|
| 2026-08-31 | $362.0M | 3,654,247 | 66,070 |
| 2026-08-24 | $181.7M | 1,820,835 | 45,413 |
| 2026-08-17 | $176.3M | 1,777,991 | 51,292 |
| 2026-08-10 | $160.1M | 1,632,760 | 50,567 |
| 2026-08-03 | $214.9M | 2,160,510 | 59,966 |
| 2026-07-27 | $309.2M | 2,985,117 | 81,288 |
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| 2026-10-15 | 62.4% | 462,835 | 741,678 |
| 2026-10-14 | 71.1% | 551,655 | 775,837 |
| 2026-10-13 | 59.3% | 451,592 | 761,191 |
| 2026-10-12 | 63.5% | 424,635 | 668,221 |
| 2026-10-09 | 59.8% | 334,746 | 560,099 |
| 2026-10-08 | 45.5% | 311,644 | 684,183 |
| 2026-10-07 | 61.8% | 309,444 | 500,490 |
| 2026-10-06 | 71.2% | 545,626 | 765,808 |
| 2026-10-05 | 60.9% | 446,865 | 733,310 |
| 2026-10-02 | 69.3% | 435,367 | 628,260 |
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | +0.3% | 55% | 20 |
| Feb | +2.0% | 60% | 20 |
| Mar | +0.5% | 67% | 21 |
| Apr | +0.6% | 60% | 20 |
| May | +0.9% | 50% | 20 |
| Jun | +0.1% | 45% | 20 |
| Jul | +1.5% | 65% | 20 |
| Aug | +2.6% | 75% | 20 |
| Sep | +0.9% | 55% | 20 |
| Oct | +2.6% | 65% | 20 |
| Nov | +1.9% | 65% | 20 |
| Dec | +0.8% | 55% | 20 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1468.0
MFI65.4
ADX19.0
Stochastic %K / %D91.2 / 88.9
Williams %R-3.3
CCI245
TSI / signal7.6 / -8.1
Chaikin money flow-0.13
ATR$1.93
Bollinger width8.2%
Volume vs 20-day avg1.24x
SupertrendUp
Moving averages and bands
level (price vs level)SMA 20$95.66 (+5.9%)
SMA 50$97.17 (+4.2%)
SMA 200$96.39 (+5.1%)
EMA 21$96.67 (+4.8%)
EMA 50$96.95 (+4.5%)
EMA 200$96.10 (+5.4%)
Bollinger upper$99.57 (+1.7%)
Bollinger lower$91.74 (+10.4%)
Parabolic SAR$94.55 (+7.1%)
Open the live chart, 110+ indicatorsAbout Arch Capital Group Ltd.
Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia. The company operates through three segments: Insurance, Reinsurance, and Mortgage. The Insurance segment offers commercial automobile; commercial multiperil; financial and professional line liability; admitted, excess, and surplus casualty lines; property and short-tail specialty; workers compensation; and casualty insurance. Its Reinsurance segment provides reinsurance products for casualty; marine and aviation; property catastrophe; property excluding property catastrophe; and other specialty products. The Mortgage segment offers U.S. primary mortgage insurance business written predominantly on loans sold to the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation; reinsurance and underwriting services related to the U.S. credit-risk transfer business and other U.S. mortgage reinsurance transactions; and international mortgage insurance and reinsurance business covering loans. It markets its products through a group of licensed independent retail and wholesale brokers. The company was formerly known as Risk Capital Holdings, Inc. Arch Capital Group Ltd. was founded in 1995 and is headquartered in Pembroke, Bermuda.
https://www.archgroup.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| Nicolas Alain Emmanuel Papadopoulo | Chief Executive Officer & Director | $7.3M | 1962 |
| Maamoun Rajeh | President | $4.8M | 1970 |
| Francois Morin | Executive Vice President, Chief Financial Officer & Treasurer | $3.7M | 1967 |
| Christine Lee Todd | Executive Vice President & Chief Investment Officer | $3.6M | 1967 |
| Greg Hare | Executive VP & Chief Communications and Sustainability Officer | — | — |
| Janice C. Englesbe B.Ec | Executive VP & Chief Risk Officer | — | 1969 |
| Jay Rajendra | Chief Innovation & Strategy Officer | — | 1981 |
| Jennifer Centrone | Executive Vice President & Chief Human Resources Officer of Arch Capital Services LLC | — | 1973 |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| Nicolas Papadopoulo Chief Executive Officer and Class III Director, Arch Capital | 2025 | $1.3M | $5.5M | $5.2M | $14.6M |
| Maamoun Rajeh President, Arch Capital | 2025 | $900,000 | $2.6M | $3.2M | $8.3M |
| David E. Gansberg President, Arch Capital | 2025 | $900,000 | $2.6M | $3.1M | $7.8M |
| François Morin Executive Vice President, Chief Financial Officer and Treasurer, Arch Capital | 2025 | $800,000 | $1.7M | $2.4M | $5.9M |
| Christine Todd Chief Investment Officer, Arch Capital | 2025 | $800,000 | $1.3M | $2.2M | $5.4M |
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| 2024-11-18 | $5 | 2024-12-04 |
Moat model
Narrow · Efficient Scale · 2026-06-30Cost advantage76
Intangibles61
Switching costs50
Network effect60
Efficient scale80
Our component scores (0-100) and overall 64.0; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17