Arch Capital Group LtdArch Capital Group Ltd
Arch Capital Group Ltd

Arch Capital Group Ltd

ACGL
Financials·Insurance

Arch Capital Group Ltd. engages in the provision of property and casualty insurance and reinsurance lines. It operates through the following segments: Insurance, Reinsurance, Mortgage, Corporate, and Other. The Insurance segment consists of insurance underwriting units which offer specialty product lines like construction and national accounts, excess and surplus casualty, lenders products, professional lines, and programs. The Reinsurance segment is composed of reinsurance underwriting which offers specialty product lines such as casualty, marine and aviation, other specialty, property catastrophe, property excluding property catastrophe, and other. The Mortgage segment includes U.S. and international mortgage insurance and reinsurance operations as well as GSE credit risk sharing transactions. The Corporate segment represents net investment income, other income, corporate expense, interest expense, net realized gains and losses, and net impairment losses. The Other segment refers to Watford Re. which is a variable interest entity. The company was founded by Clements Robert in March 1995 and is headquartered in Hamilton, Bermuda.

Bermuda
Market cap
No dataNo data
Revenue
$19.9B+14.3% YoY
Net income
$4.4B+2.0% YoY
Free cash flow
$6.1B−7.5% YoY

Market

Listed stock
ACGLPriceNasdaq
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Financial performance

Revenue
$19.9B+14.3% YoY
Operating income
$5.2B+16.3% YoY
Net income
$4.4B+2.0% YoY
Free cash flow
$6.1B−7.5% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $9.2B, 2022 $9.6B, 2023 $13.6B, 2024 $17.4B, 2025 $19.9B. Operating income: 2021 $2.2B, 2022 $1.5B, 2023 $3.6B, 2024 $4.5B, 2025 $5.2B. Net income: 2021 $2.2B, 2022 $1.5B, 2023 $4.4B, 2024 $4.3B, 2025 $4.4B. Free cash flow: 2021 $3.4B, 2022 $3.8B, 2023 $5.7B, 2024 $6.6B, 2025 $6.1B. Reference line: Reference at $0.

Growth & profitability

Revenue growth
14.3%−1364 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-31 $2.2B, 2022-12-31 $1.5B, 2023-12-31 $3.6B, 2024-12-31 $4.5B, 2025-12-31 $5.2B. Net income: 2021-12-31 $2.2B, 2022-12-31 $1.5B, 2023-12-31 $4.4B, 2024-12-31 $4.3B, 2025-12-31 $4.4B. Free cash flow: 2021-12-31 $3.4B, 2022-12-31 $3.8B, 2023-12-31 $5.7B, 2024-12-31 $6.6B, 2025-12-31 $6.1B

Growth heatmap

2022202320242025CAGR
Revenue
+3.9%
+41.8%
+27.9%
+14.3%
+21.2%
Gross profit
-15.3%
+78.2%
+27.0%
+14.9%
+21.8%
Operating income
-32.5%
+141.3%
+25.1%
+16.3%
+24.1%
Free cash flow
+11.1%
+51.4%
+16.2%
-7.5%
+16.0%

Earnings quality

Operating cash flow
$6.2B−7.5% YoY
Net income
$4.4B+2.0% YoY
Free cash flow
$6.1B−7.5% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 140%, 2024-12-31 155%, 2023-12-31 129%, 2022-12-31 258%, 2021-12-31 159%. Free cash flow: 2025-12-31 139%, 2024-12-31 154%, 2023-12-31 128%, 2022-12-31 255%, 2021-12-31 157%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
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Free cash flow yield
No data
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