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Bermuda-based specialty insurer/reinsurer writing insurance, reinsurance and mortgage insurance globally.
Bermuda-based specialty insurer/reinsurer writing insurance, reinsurance and mortgage insurance globally.
Earns underwriting profit, the premiums it keeps after claims and costs, plus income on investing those premiums, across three areas it moves capital between depending on which is best priced that year. Mortgage insurance, which compensates lenders when a borrower defaults, is a separate profit stream tied to US housing and employment.
In one line: A diversified Bermuda reinsurer like RenaissanceRe, plus a mortgage insurer.
Moat: narrow (underwriting discipline, scale, diversification). Cycle-aware capital allocation across three lines shifts capacity to the best-priced business.
Headquarters: Pembroke, Bermuda · Founded: 1995 · Employees: 8,000
Size Arch Capital (ACGL) is a United States Financials company (Multi-Line Insurance) with a market value of $36.6B, the 315th largest of 3,117 United States companies the cockpit tracks. Shares closed at $107.28 on 6 Nov 2026.
Performance Over six months the shares gained 14.4%, against +14.3% for the median peer and -1.1% for the United States market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 5.3% over the last twelve months (peer median +9.8%); the operating margin is 23.6% (peer median 15.2%).
Valuation It trades at 1.58× book value against a peer median of 1.78× (9th cheapest of 21).
Price implies The share price implies a return on equity of about 8.3%; Arch Capital delivers 18.7%, so the price asks less than the business earns today.
Credit Arch Capital has 3 bonds outstanding ($3.00B), rated A- by the agencies and trading like A- at a weighted spread of 92 bp.
Short interest Short interest is 2.6% of the free float (15 Oct 2026).
Next results Next results expected around 15 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $18.0B | $19.4B | $16.9B | $13.4B | $9.50B |
| Revenue growth | — | +15% | +26% | +41% | — |
| Net income | $4.38B | $4.40B | $4.31B | $4.44B | $1.48B |
| Free cash flow | $5.63B | $6.13B | $6.62B | $5.70B | $3.76B |
| Capital expenditure | $44.0M | $44.0M | $51.0M | $52.0M | $51.7M |
| Total debt | $4.29B | $2.88B | $2.89B | $2.88B | $2.88B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Arch Capital ACGL | $36.6B | +14% | -5% | 19% | 1.58× | 8.3% |
| RenaissanceRe RNR | $14.0B | +16% | -21% | 13% | 1.34× | 7.5% |
| Everest EG | $15.2B | +18% | -9% | 13% | 1.08× | 6.6% |
| W. R. Berkley WRB | $27.9B | +16% | +1% | 19% | 2.91× | 12.8% |
| MGIC Investment MTG | $5.87B | +7% | -2% | 14% | 1.18× | 8.9% |
| Radian RDN | $4.76B | -5% | +28% | 12% | 1.00× | 8.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ACGL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.7% | +2.6% | 2nd highest of 21 |
| 6-month return | +14.4% | +14.3% | 11th highest of 21 |
| Return on equity | 18.7% | 16.3% | 7th highest of 21 |
| Price / book | 1.58× | 1.78× | 9th cheapest of 21 |
| Trailing P/E | 8.8× | 12.2× | 7th cheapest of 21 |
| ROE the price implies | 8.3% | 11.9% | 7th least demanding of 21 |
| ROE delivered | 18.7% | 16.3% | 7th highest of 21 |
| Bond spread | 92 bp | 76 bp | 4th widest of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Arch Capital ACGL | United States | $36.6B | +14% | -5% | 19% | 1.58× | 8.3% | 18.7% |
| Sompo 8630.T | Japan | $39.6B | +17% | +41% | 15% | 1.14× | 6.2% | 14.6% |
| Sun Life Financial SLF.TO | Canada | $40.1B | +7% | -1% | 13% | 2.38× | 13.7% | 13.5% |
| American International AIG | United States | $40.7B | +2% | +1% | 8% | 1.04× | 7.5% | 8.2% |
| Power Corporation of Canada POW.TO | Canada | $40.7B | +16% | +10% | 11% | 2.42× | 15.9% | 11.0% |
| Prudential plc Sponsored ADR PUK | United States | $31.7B | -21% | +39% | 19% | 1.56× | 11.4% | 19.2% |
| China Pacific Insurance (Group) 2601.HK | Hong Kong | $42.5B | -22% | +9% | 14% | 0.69× | 8.4% | 14.4% |
| Prudential 2378.HK | Hong Kong | $30.8B | -24% | +30% | 19% | 1.54× | 11.3% | 19.3% |
| Ms&ad Ins Gp Hldgs 8725.T | Japan | $44.4B | +22% | +21% | 17% | 1.07× | 6.9% | 16.6% |
| People's Insurance Co. (Group) of China 601319.SS | China | $44.4B | +1% | +4% | 10% | 0.96× | 6.0% | 9.7% |
| Aviva AV..L | United Kingdom | $29.5B | +18% | +86% | 7% | 2.46× | 23.8% | 6.8% |
| Cincinnati Financial CINF | United States | $28.5B | +15% | +10% | 17% | 1.76× | 10.6% | 16.9% |
| W. R. Berkley WRB | United States | $27.9B | +16% | +1% | 19% | 2.91× | 12.8% | 19.2% |
| Helvetia Baloise HBAN.SW | Switzerland | $27.0B | +5% | +54% | 4% | 1.80× | 4.8% | 4.0% |
| Swiss Re SREN.SW | Switzerland | $50.6B | +27% | -12% | 20% | 2.27× | 6.1% | 20.4% |
| Unipol Assicurazioni UNI.MI | Italy | $23.8B | +13% | +7% | 17% | 1.62× | 14.9% | 16.9% |
| Great-West Lifeco GWO.TO | Canada | $57.4B | +18% | +4% | 16% | 3.02× | 15.7% | 16.0% |
| Legal & General LGEN.L | United Kingdom | $21.9B | +24% | +137% | 26% | 7.73× | 70.7% | 26.2% |
| New China Life Insurance 601336.SS | China | $21.7B | -19% | +19% | 22% | 1.27× | 13.6% | 22.4% |
| Aflac AFL | United States | $62.2B | +10% | +14% | 17% | 2.06× | 12.5% | 16.9% |
| MetLife MET | United States | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% | 13.2% |
Arch Capital has 3 bonds outstanding with $3.00B face value. The agencies rate it A-; its bonds trade like A-. Weighted yield 6.11%, a spread of 92 bp over government bonds.