Financial Ratios Arch Capital Group Ltd.

Equities

ACGL

BMG0450A1053

Property & Casualty Insurance

Market Closed - Nasdaq Other stock markets 21:00:00 11/05/2026 BST			5-day change	1st Jan Change
93.83 ^USD	+0.03%		+0.01%	-2.18%

05-05	Keefe, Bruyette & Woods Adjusts Price Target on Arch Capital Group to $102 From $105, Maintains Market Perform Rating	MT
05-04	Goldman Sachs Adjusts Arch Capital Group PT to $93 From $96, Maintains Sell Rating	MT

505e0.hO4631UBfld5-vSGAApWv-RD1yawBtfDMbo6rTmfKhs._qBMiAwwLhA7jqfEcHAJ9JQbvnf-b7mVZPJUykPAZiLqnAq0GDUmPECltQ

Published financial data: ARCH CAPITAL GROUP LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	8.08B	9.68B	12.44B	15.1B	17.06B
Total Interest And Dividend Income	389M	497M	1.02B	1.5B	1.62B
Gain (Loss) on Sale of Investments, Total (Rev)	380M	-663M	-165M	197M	464M
Other Revenues, Total	399M	103M	336M	648M	775M
Total Revenues	9.25B	9.61B	13.63B	17.44B	19.93B
Policy Benefits	4.58B	5.03B	6.25B	8.34B	9.37B
Policy Acquisition / Underwriting Costs, Total	1.3B	1.74B	2.31B	2.65B	3.15B
Amortization of Goodwill and Intangible Assets - (IS)	82.96M	106M	95M	235M	193M
Selling General & Admin Expenses, Total	77.12M	94.39M	96M	119M	57M
Other Operating Expenses	999M	1.13B	1.3B	1.47B	1.83B
Total Operating Expenses	7.05B	8.1B	10.05B	12.82B	14.6B
Operating Income	2.2B	1.52B	3.58B	4.62B	5.33B
Interest Expense, Total	-139M	-130M	-133M	-141M	-148M
Income (Loss) on Equity Invest.	265M	73.89M	184M	200M	180M
Currency Exchange Gains (Loss)	41.53M	101M	-60M	75M	-128M
EBT, Excl. Unusual Items	2.37B	1.56B	3.58B	4.76B	5.23B
Total Merger & Related Restructuring Charges	-2.04M	-1.09M	-6M	-81M	-75M
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	2.37B	1.56B	3.57B	4.67B	5.16B
Income Tax Expense	129M	79.96M	-873M	362M	760M
Earnings From Continuing Operations	2.24B	1.48B	4.44B	4.31B	4.4B
Net Income to Company	2.24B	1.48B	4.44B	4.31B	4.4B
Minority Interest	-82.61M	-5.49M	1M	-	-
Net Income - (IS)	2.16B	1.48B	4.44B	4.31B	4.4B
Preferred Dividend and Other Adjustments	63.44M	40.74M	40M	40M	40M
Net Income to Common Incl Extra Items	2.09B	1.44B	4.4B	4.27B	4.36B
Net Income to Common Excl. Extra Items	2.09B	1.44B	4.4B	4.27B	4.36B
Per Share Items
Net EPS - Basic	5.34	3.9	11.94	11.47	11.83
Basic EPS - Continuing Operations	5.34	3.9	11.94	11.47	11.83
Basic Weighted Average Shares Outstanding	392M	369M	369M	372M	368M
Net EPS - Diluted	5.23	3.8	11.62	11.19	11.6
Diluted EPS - Continuing Operations	5.23	3.8	11.62	11.19	11.6
Diluted Weighted Average Shares Outstanding	400M	378M	379M	382M	376M
Normalized Basic EPS	3.57	2.64	6.06	7.98	8.88
Normalized Diluted EPS	3.49	2.57	5.9	7.78	8.7
Payout Ratio	2.24	2.76	0.9	44.2	1.07
Supplemental Items
EBITDA	2.29B	1.63B	3.68B	4.86B	5.52B
EBITA	2.29B	1.63B	3.68B	4.86B	5.52B
EBIT	2.2B	1.52B	3.58B	4.62B	5.33B
EBITDAR	2.32B	1.66B	3.71B	4.89B	5.55B
Total Revenues (As Reported)	9.25B	9.61B	13.63B	17.44B	19.93B
Effective Tax Rate - (Ratio)	5.43	5.12	-24.46	7.74	14.73
Current Foreign Taxes	296M	201M	288M	397M	586M
Total Current Taxes	296M	201M	288M	397M	586M
Deferred Foreign Taxes	-167M	-121M	-1.16B	-35M	174M
Total Deferred Taxes	-167M	-121M	-1.16B	-35M	174M
Normalized Net Income	1.4B	972M	2.24B	2.97B	3.27B
Supplemental Operating Expense Items
General and Administrative Expenses	77.12M	94.39M	96M	119M	57M
Net Rental Expense, Total	31.69M	33.57M	31M	32M	30M
Imputed Operating Lease Interest Expense	11.22M	12.21M	11.45M	12.51M	12.3M
Imputed Operating Lease Depreciation	20.47M	21.36M	19.55M	19.49M	17.7M
Stock-Based Comp., Other (Total)	87.09M	87.63M	93M	133M	148M
Total Stock-Based Compensation	87.09M	87.63M	93M	133M	148M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	18.59B	20.52B	24.99B	28.94B	34.76B
Investment In Equity and Preferred Securities, Total	6.14B	5.74B	7.06B	9.13B	9.88B
Real Estate Owned	-	-	-	-	-
Mortgage Loans	49.85M	2.28M	2M	15M	24M
Total Other Investments	2B	1.44B	2.23B	2.97B	2.78B
Total investments	26.78B	27.7B	34.28B	41.06B	47.45B
Cash And Equivalents	859M	855M	917M	979M	993M
Reinsurance Recoverable - (IS)	5.88B	6.56B	7.06B	8.26B	9.53B
Other Receivables - (Insurance Template)	5.63B	6.1B	7.46B	8.88B	8.9B
Deferred Policy Acquisition Costs - (BS)	902M	1.26B	1.53B	1.73B	1.72B
Net Property Plant And Equipment	107M	123M	125M	129M	120M
Goodwill	345M	342M	345M	571M	607M
Other Intangibles, Total	600M	462M	386M	780M	615M
Restricted Cash	456M	418M	581M	781M	1.07B
Other Current Assets, Total	1.85B	1.95B	2.37B	2.63B	2.84B
Other Long-Term Assets, Total	1.69B	2.22B	3.86B	5.1B	5.4B
Total Assets	45.1B	47.99B	58.91B	70.91B	79.24B
Liabilities
Insurance And Annuity Liabilities	1.83B	1.73B	1.82B	2.16B	2.28B
Unpaid Claims	17.76B	20.03B	22.75B	29.37B	33.55B
Unearned Premiums	6.01B	7.34B	8.81B	10.22B	10.1B
Reinsurance Payable - (BS)	1.58B	1.53B	2B	2.14B	2.32B
Current Portion of Long-Term Debt	-	-	-	-	499M
Current Portion of Leases	31.68M	31.86M	32M	31M	33M
Short-Term Borrowings	-	-	-	-	-
Long-Term Debt	2.72B	2.73B	2.73B	2.73B	2.23B
Long-Term Leases	95.03M	120M	124M	132M	123M
Current Income Taxes Payable	14.8M	40.6M	-20M	-	75M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	54.22M	75.96M	119M	115M	72M
Other Non Current Liabilities	1.44B	1.44B	2.19B	3.19B	3.76B
Total Liabilities	31.55B	35.07B	40.55B	50.09B	55.04B
Preferred Stock Redeemable	830M	830M	830M	830M	830M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	830M	830M	830M	830M	830M
Common Stock, Total	648K	654K	1M	1M	1M
Additional Paid In Capital	2.09B	2.21B	2.33B	2.51B	2.74B
Retained Earnings	14.46B	15.89B	20.3B	22.69B	27.04B
Treasury Stock	-3.76B	-4.38B	-4.42B	-4.49B	-6.41B
Comprehensive Income and Other	-64.6M	-1.65B	-676M	-720M	5M
Total Common Equity	12.72B	12.08B	17.52B	19.99B	23.38B
Minority Interest	9.23M	10.83M	2M	-	-
Total Equity	13.56B	12.92B	18.36B	20.82B	24.21B
Total Liabilities And Equity	45.1B	47.99B	58.91B	70.91B	79.24B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	377M	369M	373M	374M	354M
ECS Total Common Shares Outstanding	377M	368M	372M	375M	358M
Book Value / Share	33.74	32.81	47.12	53.32	65.37
Tangible Book Value	11.77B	11.28B	16.79B	18.64B	22.15B
Tangible Book Value Per Share	31.23	30.63	45.15	49.72	61.95
Total Debt	2.85B	2.88B	2.88B	2.89B	2.88B
Net Debt	1.99B	2.02B	1.96B	1.91B	1.89B
Debt Equivalent Oper. Leases	254M	269M	248M	256M	240M
Minority Interest, Total (Incl. Fin. Div)	9.23M	10.83M	2M	-	-
Equity Method Investments, Total	4.21B	4.74B	5.68B	7.22B	7.77B
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	5.2K	5.8K	6.4K	7.2K	8K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.16B	1.48B	4.44B	4.31B	4.4B
Amortization of Goodwill and Intangible Assets - (CF)	82.96M	106M	95M	235M	193M
Total Depreciation, Depletion & Amortization	82.96M	106M	95M	235M	193M
(Gain) Loss on Sale of Investments - (CF)	-427M	652M	182M	-185M	-440M
Deferred Policy Acquisition Costs - (CF)	-263M	-374M	-235M	-212M	86M
(Income) Loss On Equity Investments - (CF)	-464M	153M	-215M	-488M	-459M
Stock-Based Compensation (CF)	87.09M	87.63M	93M	133M	148M
Change in Accounts Receivable	-685M	-1.11B	-981M	-818M	38M
Reinsurance Payable - (CF)	500M	-35.51M	455M	179M	137M
Change in Unearned Revenues	936M	1.4B	1.03B	632M	-589M
Change In Deferred Taxes	-	-	-1.16B	-35M	174M
Change in insurance Reserves / Liabilities	1.76B	1.89B	2.14B	3.28B	2.35B
Change in Other Net Operating Assets (Collected)	-340M	-435M	-92M	-359M	135M
Other Operating Activities	82.61M	5.49M	-1M	-	-
Cash from Operations	3.43B	3.82B	5.75B	6.67B	6.17B
Capital Expenditure	-41.39M	-51.67M	-52M	-51M	-44M
Cash Acquisitions	-	-	-	852M	-
Divestitures	-349M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-1.19B	-3.11B	-5.44B	-5.23B	-4.41B
Other Investing Activities, Total	-564M	56.59M	27M	-35M	416M
Cash from Investing	-2.14B	-3.1B	-5.47B	-4.46B	-4.04B
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	6.42M	6.66M	-	7M	50M
Repurchase of Common Stock	-1.23B	-586M	-	-24M	-1.89B
Issuance of Preferred Stock	486M	-	-	-	-
Repurchase of Preferred Stock	-450M	-	-	-	-
Common Dividends Paid	-	-	-	-1.87B	-7M
Preferred Dividends Paid	-48.28M	-40.74M	-40M	-40M	-40M
Common & Preferred Stock Dividends Paid	-48.28M	-40.74M	-40M	-1.91B	-47M
Other Financing Activities, Total	10.79M	-85.83M	-29M	-2M	-4M
Cash from Financing	-1.23B	-706M	-69M	-1.92B	-1.89B
Foreign Exchange Rate Adjustments	-34.05M	-48.89M	13M	-25M	61M
Net Change in Cash	24.23M	-41.44M	225M	262M	307M
Supplemental Items
Cash Interest Paid	139M	128M	127M	127M	127M
Cash Income Tax Paid (Refund)	287M	255M	267M	378M	458M
Net Debt Issued / Repaid	-	-	-	-	-
Levered Free Cash Flow	-8.7B	-10.38B	-12.08B	-12.37B	-17B
Unlevered Free Cash Flow	-8.61B	-10.29B	-11.99B	-12.28B	-16.91B
Change In Net Working Capital	10.12B	11.39B	14.37B	15.49B	20.54B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.12	2.04	4.19	4.45	4.44
Return on Total Capital	8.14	5.9	12.1	12.85	13.11
Return On Equity %	16.26	11.2	28.41	22.01	19.54
Return on Common Equity	16.72	11.58	29.75	22.78	20.1
Margin Analysis
Gross Profit Margin %	36.35	29.62	37.23	36.97	37.16
SG&A Margin	0.83	0.98	0.7	0.68	0.29
EBITDA Margin %	24.72	16.9	26.98	27.84	27.71
EBITA Margin %	24.72	16.9	26.98	27.84	27.71
EBIT Margin %	23.82	15.8	26.29	26.5	26.74
Income From Continuing Operations Margin %	24.21	15.42	32.58	24.72	22.07
Net Income Margin %	23.32	15.36	32.59	24.72	22.07
Net Avail. For Common Margin %	22.63	14.94	32.29	24.5	21.87
Normalized Net Income Margin	15.12	10.11	16.4	17.04	16.41
Levered Free Cash Flow Margin	-94.07	-107.92	-88.57	-70.94	-85.31
Unlevered Free Cash Flow Margin	-93.13	-107.07	-87.96	-70.44	-84.85
Asset Turnover
Asset Turnover	0.21	0.21	0.26	0.27	0.27
Fixed Assets Turnover	83.05	83.64	109.95	137.32	160.07
Receivables Turnover (Average Receivables)	3.61	3.25	3.26	3.23	3.29
Short Term Liquidity
Current Ratio	1.18	1.09	1.12	1.07	1.08
Quick Ratio	0.55	0.5	0.54	0.53	0.5
Operating Cash Flow to Current Liabilities	0.26	0.25	0.33	0.3	0.26
Days Sales Outstanding (Average Receivables)	101.21	112.25	112.09	113.34	110.9
Average Days Payable Outstanding	751.93	731.03	646	606.42	648.9
Long Term Solvency
Total Debt/Equity	21.03	22.27	15.7	13.89	11.92
Total Debt / Total Capital	17.38	18.21	13.57	12.19	10.65
LT Debt/Equity	20.8	22.02	15.53	13.74	9.72
Long-Term Debt / Total Capital	17.18	18.01	13.42	12.06	8.69
Total Liabilities / Total Assets	69.94	73.08	68.84	70.64	69.45
EBIT / Interest Expense	15.8	11.66	26.95	32.77	36.01
EBITDA / Interest Expense	16.62	12.73	27.89	34.67	37.52
(EBITDA - Capex) / Interest Expense	16.32	12.34	27.5	34.3	37.22
Total Debt / EBITDA	1.23	1.73	0.78	0.59	0.52
Net Debt / EBITDA	0.86	1.22	0.53	0.39	0.34
Total Debt / (EBITDA - Capex)	1.25	1.79	0.79	0.6	0.52
Net Debt / (EBITDA - Capex)	0.88	1.26	0.54	0.4	0.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.71	3.94	41.83	27.92	14.27
Gross Profit, 1 Yr. Growth %	19.47	-15.3	78.42	27.01	14.88
EBITDA, 1 Yr. Growth %	22.24	-28.92	126.82	31.99	13.74
EBITA, 1 Yr. Growth %	22.24	-28.92	126.82	31.99	13.74
EBIT, 1 Yr. Growth %	22.31	-31.06	136.41	28.93	15.34
Earnings From Cont. Operations, 1 Yr. Growth %	52.79	-33.8	199.73	-2.93	2.02
Net Income, 1 Yr. Growth %	53.46	-31.52	201.02	-2.95	2.02
Normalized Net Income, 1 Yr. Growth %	49.72	-30.53	130.39	32.95	10.07
Diluted EPS Before Extra, 1 Yr. Growth %	57.53	-27.34	205.79	-3.7	3.66
Net Property, Plant and Equip., 1 Yr. Growth %	-7.83	15.21	1.63	3.2	-6.98
Accounts Receivable, 1 Yr. Growth %	27.55	37.65	28.11	21.32	1.58
Total Assets, 1 Yr. Growth %	4.2	6.41	22.75	20.37	11.75
Common Equity, 1 Yr. Growth %	3.16	-5	45.06	14.08	16.94
Tangible Book Value, 1 Yr. Growth %	1.19	-4.21	48.92	11	18.86
Cash From Operations, 1 Yr. Growth %	18.74	11.31	50.66	16.07	-7.51
Capital Expenditures, 1 Yr. Growth %	3.82	24.83	4	-1.92	-13.73
Levered Free Cash Flow, 1 Yr. Growth %	-532.99	-391.29	-457.43	-411.96	-327.97
Unlevered Free Cash Flow, 1 Yr. Growth %	-510.34	-382.1	-446.57	-403.38	-324.09
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.57	6.3	21.42	34.69	20.9
Gross Profit, 2 Yr. CAGR %	6.73	0.6	22.91	50.54	20.79
EBITDA, 2 Yr. CAGR %	4.72	-6.79	26.94	73.03	22.52
EBITA, 2 Yr. CAGR %	4.72	-6.79	26.94	73.03	22.52
EBIT, 2 Yr. CAGR %	4.89	-8.17	27.61	74.59	21.95
Earnings From Cont. Operations, 2 Yr. CAGR %	15	0.57	40.85	70.57	-0.5
Net Income, 2 Yr. CAGR %	14.81	2.51	43.52	70.92	-0.5
Normalized Net Income, 2 Yr. CAGR %	12.37	1.99	26.48	75.01	20.98
Diluted EPS Before Extra, 2 Yr. CAGR %	16.25	6.98	49.06	71.6	-0.09
Net Property, Plant and Equip., 2 Yr. CAGR %	-9.92	3.05	8.17	2.41	-2.02
Accounts Receivable, 2 Yr. CAGR %	21.67	32.5	32.8	24.67	11.01
Total Assets, 2 Yr. CAGR %	9.11	5.3	14.28	21.55	15.98
Common Equity, 2 Yr. CAGR %	8.93	-1	17.39	28.64	15.5
Tangible Book Value, 2 Yr. CAGR %	8.61	-1.55	19.44	28.57	14.86
Cash From Operations, 2 Yr. CAGR %	29.35	14.97	29.56	32.24	3.61
Capital Expenditures, 2 Yr. CAGR %	4.59	13.84	12.62	1	-8.01
Levered Free Cash Flow, 2 Yr. CAGR %	114.65	127.23	84.14	91.37	107.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	109.43	121.45	81.3	88.41	104.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	19.28	11.55	17.02	23.55	27.51
Gross Profit, 3 Yr. CAGR %	24.19	-1.19	21.73	24.26	37.56
EBITDA, 3 Yr. CAGR %	30.92	-7.97	25.29	28.6	50.44
EBITA, 3 Yr. CAGR %	30.92	-7.97	25.29	28.6	50.44
EBIT, 3 Yr. CAGR %	34.12	-8.81	25.77	28.05	52.06
Earnings From Cont. Operations, 3 Yr. CAGR %	45.45	-4.34	44.71	24.42	43.71
Net Income, 3 Yr. CAGR %	41.71	-3.36	46.76	25.97	43.91
Normalized Net Income, 3 Yr. CAGR %	34.96	-4.27	33.75	28.6	49.95
Diluted EPS Before Extra, 3 Yr. CAGR %	44.59	-0.61	51.83	28.86	45.06
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-2.22	2.55	6.49	-0.82
Accounts Receivable, 3 Yr. CAGR %	26.56	26.78	31.02	28.86	16.44
Total Assets, 3 Yr. CAGR %	11.86	8.2	10.82	16.28	18.2
Common Equity, 3 Yr. CAGR %	13.66	4.07	12.44	16.28	24.61
Tangible Book Value, 3 Yr. CAGR %	13.62	4.16	13.02	16.56	25.25
Cash From Operations, 3 Yr. CAGR %	30.02	23.04	25.82	24.9	17.38
Capital Expenditures, 3 Yr. CAGR %	11.57	10.95	9.26	7.55	-4.17
Levered Free Cash Flow, 3 Yr. CAGR %	91.52	76.46	81.8	51.45	71.37
Unlevered Free Cash Flow, 3 Yr. CAGR %	87.16	73.71	78.76	49.88	69.7
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.69	11.31	20.13	20.29	18.56
Gross Profit, 5 Yr. CAGR %	15.86	8.61	23.66	16.91	21.35
EBITDA, 5 Yr. CAGR %	19.3	7.38	29.28	18.42	24.18
EBITA, 5 Yr. CAGR %	19.3	7.38	29.28	18.42	24.18
EBIT, 5 Yr. CAGR %	18.91	8.45	31.45	18.2	24.23
Earnings From Cont. Operations, 5 Yr. CAGR %	22.13	18.68	43.59	20.56	24.58
Net Income, 5 Yr. CAGR %	25.5	18.99	42.43	21.38	25.63
Normalized Net Income, 5 Yr. CAGR %	26.64	15.31	31.48	21.82	28.49
Diluted EPS Before Extra, 5 Yr. CAGR %	24.06	22.81	46.36	23.66	28.43
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-0.41	0.7
Accounts Receivable, 5 Yr. CAGR %	19.68	26.14	29.02	25.93	22.62
Total Assets, 5 Yr. CAGR %	8.96	8.41	12.83	13.36	12.86
Common Equity, 5 Yr. CAGR %	14.79	9.05	15.14	13.28	13.66
Tangible Book Value, 5 Yr. CAGR %	16.02	9.44	15.91	13.31	13.75
Cash From Operations, 5 Yr. CAGR %	20	28.36	29.82	26.64	16.42
Capital Expenditures, 5 Yr. CAGR %	22.02	17.74	11.77	6.15	1.99
Levered Free Cash Flow, 5 Yr. CAGR %	39.02	105.99	57.69	45.64	53.28
Unlevered Free Cash Flow, 5 Yr. CAGR %	38.06	96.3	55.62	44.29	51.78