ACGLNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31Also trades as ACGLN, ACGLO
ARCH CAPITAL GROUP LTD.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$100.48−0.79 (-0.78%)
Close on Oct 19, 2026
- Market cap
- $35.05B
- P/E (TTM)
- 7.9
- Dividend yield
- 4.98%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
22.1%+5.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.3% | +27.5% | +18.6% | +17.6% | |
| Net income | +2.0% | +43.9% | +25.6% | +23.4% | |
| EPS, diluted | +3.7% | +45.1% | +28.4% | +23.9% | |
| Free cash flow | -7.5% | +17.6% | +16.6% | +20.1% | |
| Dividend per share | 0.0% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.6% | 11.4% | 19.5% | |
| Return on assets | 2.6% | 3.5% | 5.9% | |
| Capex to revenue | 0.3% | 0.5% | 0.2% | |
| Diluted shares | 374M | 410M | 376M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Arch Capital generated $25.84B from operations and spent $3.97B on capital expenditure, dividends and share buybacks. 6% of that went back into the business.
Generated
$25.84B
Used
$3.97B
Capital expenditure$238.00M6%Dividends$00%Share buybacks$3.73B94%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin22.1%
×Asset turnover0.27×
×Equity multiplier3.33×
=Return on equity, FY202519.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 22.1% | 0.27× | 3.33× | 19.5% |
| FY2024 | 24.7% | 0.27× | 3.31× | 22.0% |
| FY2023 | 32.6% | 0.26× | 3.42× | 28.4% |
| FY2022 | 15.4% | 0.21× | 3.52× | 11.2% |
| FY2021 | 23.3% | 0.21× | 3.32× | 16.2% |
| FY2020 | 16.5% | 0.21× | 3.30× | 11.4% |
| FY2019 | 23.6% | 0.20× | 3.35× | 15.6% |
| FY2018 | 13.9% | 0.17× | 3.45× | 8.1% |
| FY2017 | 11.0% | 0.18× | 3.52× | 7.1% |
| FY2016 | 15.5% | 0.17× | 3.64× | 9.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$4.40B
- Cash generatingOperating cash flow above zero$6.17B
- Return on assets improvedROA up on the prior year7.3% → 6.2%
- Earnings backed by cashOperating cash flow above net income$6.17B vs $4.40B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise382M → 376M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.30 → 0.28