Annual Income Statements for Arch Capital Group
This table shows Arch Capital Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Arch Capital Group
This table shows Arch Capital Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
7.00 |
849 |
705 |
661 |
713 |
2,324 |
1,110 |
1,259 |
564 |
1,227 |
Consolidated Net Income / (Loss) |
|
18 |
862 |
717 |
669 |
723 |
2,333 |
1,120 |
1,269 |
574 |
1,237 |
Net Income / (Loss) Continuing Operations |
|
18 |
862 |
717 |
669 |
723 |
2,333 |
1,120 |
1,269 |
574 |
1,237 |
Total Pre-Tax Income |
|
-6.00 |
887 |
742 |
714 |
741 |
1,188 |
1,166 |
1,321 |
678 |
1,411 |
Total Revenue |
|
2,386 |
3,071 |
3,118 |
3,124 |
3,317 |
3,882 |
3,938 |
4,195 |
4,611 |
5,087 |
Net Interest Income / (Expense) |
|
-33 |
-32 |
-32 |
-33 |
-34 |
-34 |
-34 |
-35 |
-35 |
-38 |
Total Interest Income |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
0.00 |
Total Interest Expense |
|
33 |
32 |
32 |
33 |
34 |
34 |
34 |
35 |
35 |
38 |
Long-Term Debt Interest Expense |
|
33 |
32 |
32 |
33 |
34 |
34 |
34 |
35 |
35 |
38 |
Total Non-Interest Income |
|
2,477 |
2,990 |
3,150 |
3,157 |
3,351 |
3,916 |
3,972 |
4,230 |
4,646 |
5,125 |
Other Service Charges |
|
-11 |
9.00 |
21 |
9.00 |
1.00 |
27 |
26 |
11 |
51 |
80 |
Net Realized & Unrealized Capital Gains on Investments |
|
17 |
220 |
246 |
183 |
102 |
545 |
524 |
654 |
407 |
708 |
Premiums Earned |
|
2,471 |
2,761 |
2,883 |
2,965 |
3,248 |
3,344 |
3,422 |
3,565 |
4,188 |
4,337 |
Total Non-Interest Expense |
|
2,450 |
2,071 |
2,376 |
2,410 |
2,576 |
2,694 |
2,772 |
2,874 |
3,933 |
3,676 |
Property & Liability Insurance Claims |
|
1,683 |
1,241 |
1,471 |
1,491 |
1,647 |
1,637 |
1,728 |
1,827 |
2,587 |
2,303 |
Other Operating Expenses |
|
293 |
303 |
349 |
334 |
330 |
390 |
416 |
387 |
533 |
501 |
Amortization Expense |
|
474 |
527 |
556 |
585 |
599 |
667 |
628 |
660 |
813 |
872 |
Income Tax Expense |
|
-15 |
61 |
64 |
67 |
72 |
-1,076 |
101 |
97 |
121 |
214 |
Other Gains / (Losses), net |
|
9.00 |
36 |
39 |
22 |
54 |
69 |
55 |
45 |
17 |
40 |
Preferred Stock Dividends Declared |
|
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
Basic Earnings per Share |
|
$0.02 |
$2.31 |
$1.92 |
$1.79 |
$1.93 |
$6.30 |
$2.99 |
$3.38 |
$1.51 |
$3.30 |
Weighted Average Basic Shares Outstanding |
|
365.20M |
368.60M |
367.30M |
368.70M |
369.20M |
368.70M |
370.90M |
372.70M |
372.90M |
372.20M |
Diluted Earnings per Share |
|
$0.02 |
$2.26 |
$1.87 |
$1.75 |
$1.88 |
$6.12 |
$2.92 |
$3.30 |
$1.48 |
$3.23 |
Weighted Average Diluted Shares Outstanding |
|
373.70M |
377.60M |
377.60M |
378.40M |
379.40M |
378.80M |
380.50M |
381.60M |
381.90M |
379.90M |
Weighted Average Basic & Diluted Shares Outstanding |
|
369.87M |
371.20M |
372.42M |
372.95M |
373.17M |
374.15M |
375.49M |
376.24M |
374.75M |
373.22M |
Annual Cash Flow Statements for Arch Capital Group
This table details how cash moves in and out of Arch Capital Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
52 |
68 |
288 |
-242 |
329 |
179 |
387 |
24 |
-41 |
225 |
262 |
Net Cash From Operating Activities |
|
1,037 |
998 |
1,377 |
1,095 |
1,559 |
2,048 |
2,887 |
3,425 |
3,816 |
5,749 |
6,673 |
Net Cash From Continuing Operating Activities |
|
1,037 |
998 |
1,377 |
1,095 |
1,559 |
2,048 |
2,887 |
3,425 |
3,816 |
5,749 |
6,673 |
Net Income / (Loss) Continuing Operations |
|
821 |
527 |
824 |
630 |
728 |
1,693 |
1,466 |
2,239 |
1,482 |
4,442 |
4,312 |
Consolidated Net Income / (Loss) |
|
821 |
527 |
824 |
630 |
728 |
1,693 |
1,466 |
2,239 |
1,482 |
4,442 |
4,312 |
Amortization Expense |
|
- |
23 |
19 |
126 |
106 |
82 |
69 |
82 |
106 |
95 |
235 |
Non-Cash Adjustments to Reconcile Net Income |
|
-29 |
230 |
-86 |
-179 |
345 |
-326 |
-821 |
-803 |
893 |
60 |
-540 |
Changes in Operating Assets and Liabilities, net |
|
245 |
218 |
620 |
519 |
381 |
599 |
2,173 |
1,907 |
1,335 |
1,152 |
2,666 |
Net Cash From Investing Activities |
|
-1,505 |
-914 |
-2,703 |
-1,352 |
-554 |
-1,806 |
-3,043 |
-2,138 |
-3,101 |
-5,468 |
-4,461 |
Net Cash From Continuing Investing Activities |
|
-1,505 |
-914 |
-2,703 |
-1,352 |
-554 |
-1,806 |
-3,043 |
-2,138 |
-3,101 |
-5,468 |
-4,461 |
Purchase of Investment Securities |
|
-31,114 |
-31,781 |
-39,919 |
-40,635 |
-36,343 |
-32,337 |
-43,978 |
-39,155 |
-18,559 |
-21,387 |
-35,671 |
Sale and/or Maturity of Investments |
|
29,608 |
30,867 |
37,216 |
39,283 |
35,797 |
30,530 |
40,935 |
37,366 |
15,458 |
15,919 |
31,210 |
Net Cash From Financing Activities |
|
540 |
-4.66 |
1,636 |
-3.41 |
-989 |
-81 |
521 |
-1,229 |
-706 |
-69 |
-1,925 |
Net Cash From Continuing Financing Activities |
|
540 |
-4.66 |
1,636 |
-3.41 |
-657 |
-81 |
521 |
-1,229 |
-706 |
-69 |
-1,925 |
Issuance of Common Equity |
|
6.83 |
4.86 |
- |
- |
0.00 |
6.20 |
1.88 |
6.00 |
6.00 |
-2.00 |
7.00 |
Repurchase of Common Equity |
|
-454 |
-365 |
-78 |
-21 |
0.00 |
-2.87 |
-83 |
-1,234 |
-586 |
0.00 |
-24 |
Payment of Dividends |
|
-36 |
-40 |
-46 |
-64 |
-18 |
-54 |
-47 |
-49 |
-40 |
-40 |
-1,906 |
Other Financing Activities, Net |
|
862 |
-42 |
4.13 |
-52 |
0.00 |
-81 |
71 |
12 |
-86 |
-27 |
-2.00 |
Effect of Exchange Rate Changes |
|
-20 |
-12 |
-21 |
18 |
-19 |
18 |
22 |
-34 |
-50 |
13 |
-25 |
Cash Interest Paid |
|
46 |
53 |
63 |
117 |
120 |
127 |
133 |
139 |
128 |
127 |
127 |
Cash Income Taxes Paid |
|
21 |
40 |
51 |
52 |
-0.98 |
109 |
203 |
286 |
255 |
267 |
378 |
Quarterly Cash Flow Statements for Arch Capital Group
This table details how cash moves in and out of Arch Capital Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
30 |
15 |
-58 |
138 |
2.00 |
143 |
102 |
27 |
225 |
-177 |
Net Cash From Operating Activities |
|
1,380 |
982 |
963 |
1,151 |
1,970 |
1,665 |
1,564 |
1,518 |
1,458 |
1,124 |
Net Cash From Continuing Operating Activities |
|
1,380 |
982 |
963 |
1,151 |
1,970 |
1,665 |
1,564 |
1,518 |
1,458 |
1,124 |
Net Income / (Loss) Continuing Operations |
|
18 |
862 |
717 |
669 |
723 |
2,333 |
1,120 |
1,269 |
574 |
1,237 |
Consolidated Net Income / (Loss) |
|
18 |
862 |
717 |
669 |
723 |
2,333 |
1,120 |
1,269 |
574 |
1,237 |
Amortization Expense |
|
26 |
26 |
23 |
24 |
24 |
24 |
21 |
27 |
49 |
48 |
Non-Cash Adjustments to Reconcile Net Income |
|
264 |
-36 |
-42 |
161 |
217 |
-276 |
-96 |
-190 |
56 |
-295 |
Changes in Operating Assets and Liabilities, net |
|
1,072 |
130 |
265 |
297 |
1,006 |
-416 |
519 |
412 |
779 |
134 |
Net Cash From Investing Activities |
|
-1,291 |
-995 |
-996 |
-1,005 |
-1,935 |
-1,532 |
-1,409 |
-1,509 |
-1,008 |
-1,228 |
Net Cash From Continuing Investing Activities |
|
-1,291 |
-995 |
-996 |
-1,005 |
-1,935 |
-1,532 |
-1,409 |
-1,509 |
-1,008 |
-1,228 |
Purchase of Investment Securities |
|
-4,068 |
-3,142 |
-4,381 |
-5,100 |
-5,260 |
-6,646 |
-9,482 |
-6,844 |
-10,839 |
-8,729 |
Sale and/or Maturity of Investments |
|
2,777 |
2,147 |
3,385 |
4,095 |
3,325 |
5,114 |
8,073 |
5,335 |
9,831 |
7,501 |
Net Cash From Financing Activities |
|
-22 |
-2.00 |
-30 |
-15 |
-7.00 |
-17 |
-42 |
14 |
-241 |
-128 |
Net Cash From Continuing Financing Activities |
|
-22 |
-2.00 |
-30 |
-15 |
-7.00 |
-17 |
-42 |
14 |
-241 |
-128 |
Issuance of Common Equity |
|
1.00 |
9.00 |
-18 |
18 |
5.00 |
-7.00 |
-32 |
24 |
-28 |
47 |
Repurchase of Common Equity |
|
-10 |
- |
- |
- |
- |
- |
0.00 |
- |
-196 |
-163 |
Payment of Dividends |
|
-10 |
-10 |
-10 |
-10 |
-10 |
-10 |
-10 |
-10 |
-15 |
-12 |
Effect of Exchange Rate Changes |
|
-37 |
30 |
5.00 |
7.00 |
-26 |
27 |
-11 |
4.00 |
16 |
55 |
Cash Interest Paid |
|
- |
- |
0.00 |
63 |
- |
64 |
0.00 |
63 |
0.00 |
64 |
Cash Income Taxes Paid |
|
- |
- |
4.00 |
69 |
54 |
140 |
-6.00 |
151 |
18 |
131 |
Annual Balance Sheets for Arch Capital Group
This table presents Arch Capital Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
21,968 |
23,139 |
29,372 |
32,052 |
32,218 |
37,885 |
43,282 |
45,101 |
47,990 |
58,906 |
70,906 |
Cash and Due from Banks |
|
486 |
553 |
843 |
606 |
647 |
726 |
906 |
859 |
855 |
917 |
979 |
Trading Account Securities |
|
- |
- |
- |
16,355 |
17,074 |
20,162 |
22,807 |
24,615 |
25,649 |
31,368 |
37,474 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Accrued Investment Income |
|
- |
- |
- |
113 |
115 |
118 |
103 |
85 |
159 |
236 |
298 |
Unearned Premiums Asset |
|
- |
- |
- |
2,062 |
2,275 |
7,360 |
3,299 |
10,243 |
5,424 |
13,878 |
8,062 |
Deferred Acquisition Cost |
|
- |
- |
- |
536 |
570 |
633 |
791 |
902 |
1,264 |
1,531 |
1,734 |
Intangible Assets |
|
- |
- |
- |
653 |
635 |
- |
- |
945 |
804 |
731 |
1,351 |
Other Assets |
|
- |
- |
- |
11,727 |
10,904 |
8,147 |
14,684 |
7,452 |
13,835 |
10,245 |
21,008 |
Total Liabilities & Shareholders' Equity |
|
9,934 |
10,053 |
11,144 |
32,052 |
32,218 |
37,885 |
43,282 |
45,101 |
47,990 |
58,906 |
70,906 |
Total Liabilities |
|
14,887 |
16,028 |
20,061 |
21,806 |
21,781 |
25,570 |
29,295 |
31,546 |
35,069 |
40,551 |
50,086 |
Short-Term Debt |
|
- |
- |
- |
3,244 |
2,625 |
2,691 |
2,370 |
1,897 |
1,829 |
2,064 |
2,346 |
Long-Term Debt |
|
- |
- |
- |
1,733 |
1,734 |
1,872 |
2,861 |
2,724 |
2,725 |
2,726 |
2,728 |
Claims and Claim Expense |
|
9,036 |
9,125 |
10,201 |
11,384 |
11,853 |
13,892 |
16,514 |
17,757 |
20,032 |
22,752 |
29,369 |
Unearned Premiums Liability |
|
- |
- |
- |
3,622 |
3,754 |
4,340 |
4,839 |
6,012 |
7,337 |
8,808 |
10,218 |
Other Long-Term Liabilities |
|
- |
- |
- |
1,583 |
1,579 |
2,569 |
2,495 |
2,913 |
3,146 |
4,201 |
5,425 |
Commitments & Contingencies |
|
- |
- |
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
6,861 |
6,905 |
9,106 |
10,040 |
10,231 |
12,260 |
13,929 |
13,546 |
12,910 |
18,353 |
20,820 |
Total Preferred & Common Equity |
|
6,092 |
6,167 |
8,254 |
9,197 |
9,440 |
11,497 |
13,106 |
13,546 |
12,910 |
18,353 |
20,820 |
Preferred Stock |
|
- |
- |
- |
1,362 |
780 |
0.00 |
780 |
830 |
830 |
830 |
830 |
Total Common Equity |
|
129 |
-17 |
-115 |
7,834 |
8,660 |
212 |
12,326 |
12,716 |
12,080 |
17,523 |
19,990 |
Common Stock |
|
- |
- |
- |
1,231 |
1,794 |
0.00 |
1,978 |
2,086 |
2,212 |
2,328 |
2,511 |
Retained Earnings |
|
- |
- |
- |
8,563 |
9,426 |
0.00 |
12,362 |
14,456 |
15,892 |
20,295 |
22,686 |
Treasury Stock |
|
- |
- |
- |
-2,078 |
-2,382 |
0.00 |
-2,504 |
-3,761 |
-4,378 |
-4,424 |
-4,487 |
Accumulated Other Comprehensive Income / (Loss) |
|
129 |
-17 |
-115 |
118 |
-179 |
212 |
489 |
-65 |
-1,646 |
-676 |
-720 |
Quarterly Balance Sheets for Arch Capital Group
This table presents Arch Capital Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
46,337 |
47,990 |
51,103 |
53,856 |
55,227 |
58,906 |
62,768 |
73,656 |
70,906 |
75,176 |
78,788 |
Cash and Due from Banks |
|
814 |
855 |
803 |
904 |
859 |
917 |
993 |
1,025 |
979 |
1,187 |
983 |
Trading Account Securities |
|
24,437 |
25,649 |
27,000 |
28,120 |
29,312 |
31,368 |
32,332 |
38,642 |
37,474 |
39,233 |
41,401 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Accrued Investment Income |
|
116 |
159 |
163 |
233 |
217 |
236 |
236 |
292 |
298 |
267 |
329 |
Unearned Premiums Asset |
|
12,051 |
5,424 |
6,629 |
14,472 |
7,381 |
13,878 |
8,482 |
17,247 |
16,322 |
9,502 |
10,296 |
Deferred Acquisition Cost |
|
1,123 |
1,264 |
1,355 |
1,452 |
1,483 |
1,531 |
1,625 |
1,744 |
1,734 |
1,785 |
1,814 |
Intangible Assets |
|
807 |
804 |
785 |
775 |
739 |
731 |
778 |
1,486 |
1,351 |
1,308 |
1,319 |
Other Assets |
|
6,989 |
13,835 |
14,368 |
7,900 |
15,236 |
10,245 |
18,322 |
13,220 |
12,748 |
21,894 |
22,646 |
Total Liabilities & Shareholders' Equity |
|
46,337 |
47,990 |
51,103 |
53,856 |
55,227 |
58,906 |
62,768 |
73,656 |
70,906 |
75,176 |
78,788 |
Total Liabilities |
|
34,533 |
35,069 |
37,104 |
39,213 |
39,986 |
40,551 |
43,411 |
51,382 |
50,086 |
53,631 |
55,747 |
Short-Term Debt |
|
1,913 |
1,829 |
2,014 |
2,290 |
2,224 |
2,064 |
2,343 |
3,049 |
2,346 |
2,796 |
3,014 |
Long-Term Debt |
|
2,725 |
2,725 |
2,726 |
2,726 |
2,726 |
2,726 |
2,727 |
2,727 |
2,728 |
2,728 |
2,728 |
Claims and Claim Expense |
|
19,288 |
20,032 |
20,758 |
21,268 |
21,836 |
22,752 |
23,705 |
28,679 |
29,369 |
30,946 |
32,089 |
Unearned Premiums Liability |
|
7,271 |
7,337 |
8,218 |
9,052 |
9,074 |
8,808 |
9,971 |
11,238 |
10,218 |
11,090 |
11,625 |
Other Long-Term Liabilities |
|
3,081 |
3,146 |
3,388 |
3,877 |
4,126 |
4,201 |
4,665 |
5,689 |
5,425 |
6,071 |
6,291 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
11,795 |
12,910 |
13,988 |
14,641 |
15,239 |
18,353 |
19,355 |
22,274 |
20,820 |
21,545 |
23,041 |
Total Preferred & Common Equity |
|
11,795 |
12,910 |
13,988 |
14,641 |
15,239 |
18,353 |
19,355 |
22,274 |
20,820 |
21,545 |
23,041 |
Preferred Stock |
|
830 |
830 |
830 |
830 |
830 |
830 |
830 |
830 |
830 |
830 |
830 |
Total Common Equity |
|
10,965 |
12,080 |
13,158 |
13,811 |
14,409 |
17,523 |
18,525 |
21,444 |
19,990 |
20,715 |
22,211 |
Common Stock |
|
2,187 |
2,212 |
2,261 |
2,279 |
2,298 |
2,328 |
2,402 |
2,466 |
2,511 |
2,589 |
2,661 |
Retained Earnings |
|
15,043 |
15,892 |
16,597 |
17,258 |
17,971 |
20,295 |
21,405 |
23,642 |
22,686 |
23,250 |
24,477 |
Treasury Stock |
|
-4,373 |
-4,378 |
-4,403 |
-4,407 |
-4,407 |
-4,424 |
-4,461 |
-4,464 |
-4,487 |
-4,716 |
-4,879 |
Accumulated Other Comprehensive Income / (Loss) |
|
-1,892 |
-1,646 |
-1,297 |
-1,319 |
-1,453 |
-676 |
-821 |
-200 |
-720 |
-408 |
-48 |
Annual Metrics And Ratios for Arch Capital Group
This table displays calculated financial ratios and metrics derived from Arch Capital Group's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
15.49% |
-1.74% |
12.06% |
21.66% |
0.10% |
25.65% |
22.06% |
10.49% |
4.74% |
40.24% |
29.26% |
EBITDA Growth |
|
14.92% |
-60.70% |
48.26% |
0.93% |
7.29% |
103.60% |
-15.51% |
34.06% |
-27.09% |
118.46% |
35.32% |
EBIT Growth |
|
13.70% |
-32.82% |
50.84% |
-11.49% |
11.16% |
119.40% |
-15.49% |
34.74% |
-29.29% |
127.64% |
32.17% |
NOPAT Growth |
|
15.71% |
-35.88% |
56.51% |
-23.60% |
15.58% |
132.35% |
-14.32% |
36.31% |
-28.76% |
202.63% |
-3.43% |
Net Income Growth |
|
15.71% |
-35.88% |
56.51% |
-23.60% |
15.58% |
132.65% |
-13.44% |
52.76% |
-33.81% |
199.73% |
-2.93% |
EPS Growth |
|
18.74% |
-32.06% |
56.51% |
-23.60% |
27.21% |
123.70% |
-14.21% |
57.53% |
-27.34% |
205.79% |
-3.70% |
Operating Cash Flow Growth |
|
21.89% |
-3.78% |
38.03% |
-20.51% |
42.42% |
31.37% |
40.91% |
18.66% |
11.42% |
50.66% |
16.07% |
Free Cash Flow Firm Growth |
|
-364.61% |
181.16% |
-377.31% |
-283.74% |
121.86% |
-133.91% |
-127.68% |
438.57% |
-30.11% |
-166.97% |
196.53% |
Invested Capital Growth |
|
25.37% |
0.43% |
30.95% |
63.49% |
-2.80% |
14.07% |
13.86% |
-5.42% |
-3.86% |
32.45% |
11.88% |
Revenue Q/Q Growth |
|
3.61% |
-3.60% |
2.71% |
7.02% |
-0.28% |
4.80% |
7.92% |
0.18% |
8.97% |
6.42% |
0.00% |
EBITDA Q/Q Growth |
|
3.69% |
-58.61% |
-41.82% |
29.72% |
-15.44% |
14.36% |
20.95% |
0.33% |
30.97% |
5.65% |
0.00% |
EBIT Q/Q Growth |
|
4.42% |
-23.39% |
5.40% |
30.13% |
-16.58% |
15.41% |
22.34% |
-0.27% |
34.68% |
5.88% |
0.00% |
NOPAT Q/Q Growth |
|
5.88% |
-25.38% |
8.93% |
20.29% |
-16.66% |
17.69% |
23.77% |
-0.28% |
20.85% |
50.99% |
0.00% |
Net Income Q/Q Growth |
|
5.88% |
-25.38% |
8.93% |
20.29% |
-16.66% |
17.85% |
24.30% |
1.08% |
19.21% |
49.51% |
0.00% |
EPS Q/Q Growth |
|
7.89% |
-26.70% |
8.93% |
20.29% |
-11.73% |
10.89% |
16.49% |
5.66% |
22.19% |
49.74% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
1.33% |
-4.51% |
12.22% |
-21.85% |
34.99% |
3.38% |
1.75% |
7.62% |
5.08% |
13.48% |
0.00% |
Free Cash Flow Firm Q/Q Growth |
|
66.82% |
161.21% |
-225.34% |
-61.84% |
-12.35% |
-87.31% |
14.94% |
16.69% |
-30.42% |
-52.00% |
0.00% |
Invested Capital Q/Q Growth |
|
-29.27% |
-32.45% |
-20.46% |
-1.74% |
-1.68% |
1.10% |
1.62% |
-0.72% |
6.28% |
14.63% |
0.00% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
37.29% |
14.91% |
19.73% |
16.37% |
17.55% |
28.43% |
19.68% |
23.88% |
16.62% |
25.89% |
27.10% |
EBIT Margin |
|
20.96% |
14.33% |
19.30% |
14.04% |
15.59% |
27.22% |
18.85% |
22.98% |
15.52% |
25.18% |
25.75% |
Profit (Net Income) Margin |
|
20.39% |
13.31% |
18.59% |
11.67% |
13.48% |
24.96% |
17.70% |
24.47% |
15.46% |
33.05% |
24.82% |
Tax Burden Percent |
|
97.28% |
92.84% |
96.33% |
83.15% |
86.46% |
91.68% |
93.91% |
106.47% |
99.66% |
131.23% |
96.38% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
2.72% |
7.16% |
3.67% |
16.85% |
13.54% |
8.44% |
7.17% |
6.09% |
5.38% |
-25.79% |
8.09% |
Return on Invested Capital (ROIC) |
|
12.91% |
7.42% |
10.04% |
5.13% |
4.85% |
10.68% |
8.03% |
10.56% |
7.89% |
20.97% |
16.77% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
12.91% |
7.42% |
0.00% |
5.13% |
4.85% |
10.73% |
8.37% |
15.92% |
9.53% |
24.90% |
20.83% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.23% |
0.12% |
0.00% |
1.31% |
2.19% |
4.21% |
3.12% |
5.70% |
3.30% |
7.44% |
5.24% |
Return on Equity (ROE) |
|
13.13% |
7.54% |
0.00% |
6.44% |
7.04% |
14.88% |
11.14% |
16.26% |
11.20% |
28.41% |
22.01% |
Cash Return on Invested Capital (CROIC) |
|
-9.61% |
7.00% |
-16.76% |
-43.06% |
7.69% |
-2.47% |
-4.94% |
16.14% |
11.83% |
-6.95% |
5.56% |
Operating Return on Assets (OROA) |
|
4.07% |
2.51% |
3.26% |
2.47% |
2.62% |
5.27% |
3.85% |
4.76% |
3.19% |
6.33% |
6.89% |
Return on Assets (ROA) |
|
3.96% |
2.33% |
3.14% |
2.05% |
2.26% |
4.83% |
3.61% |
5.07% |
3.18% |
8.31% |
6.64% |
Return on Common Equity (ROCE) |
|
0.21% |
0.06% |
0.00% |
2.54% |
5.61% |
5.80% |
5.31% |
14.78% |
10.48% |
26.89% |
21.08% |
Return on Equity Simple (ROE_SIMPLE) |
|
13.48% |
8.54% |
9.99% |
6.85% |
7.71% |
14.73% |
11.18% |
16.53% |
11.48% |
24.20% |
20.71% |
Net Operating Profit after Tax (NOPAT) |
|
821 |
527 |
824 |
630 |
728 |
1,691 |
1,449 |
1,975 |
1,407 |
4,258 |
4,112 |
NOPAT Margin |
|
20.39% |
13.31% |
18.59% |
11.67% |
13.48% |
24.93% |
17.50% |
21.58% |
14.68% |
31.68% |
23.67% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-0.05% |
-0.34% |
-5.36% |
-1.63% |
-3.94% |
-4.06% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
79.04% |
85.67% |
80.70% |
85.96% |
84.41% |
72.78% |
81.15% |
77.02% |
84.48% |
74.82% |
74.25% |
Earnings before Interest and Taxes (EBIT) |
|
844 |
567 |
856 |
757 |
842 |
1,847 |
1,561 |
2,103 |
1,487 |
3,385 |
4,474 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
1,502 |
590 |
875 |
883 |
947 |
1,929 |
1,630 |
2,185 |
1,593 |
3,480 |
4,709 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
59.22 |
0.00 |
0.00 |
1.52 |
1.25 |
81.96 |
1.19 |
1.35 |
1.83 |
1.50 |
1.74 |
Price to Tangible Book Value (P/TBV) |
|
59.22 |
0.00 |
0.00 |
1.65 |
1.35 |
0.00 |
1.26 |
1.46 |
1.96 |
1.57 |
1.86 |
Price to Revenue (P/Rev) |
|
1.89 |
2.16 |
2.39 |
2.20 |
2.00 |
2.56 |
1.77 |
1.88 |
2.30 |
1.96 |
2.00 |
Price to Earnings (P/E) |
|
9.39 |
16.56 |
15.93 |
20.97 |
15.15 |
10.90 |
10.74 |
8.20 |
15.38 |
5.99 |
8.13 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
5.41% |
Earnings Yield |
|
10.65% |
6.04% |
6.28% |
4.77% |
6.60% |
9.17% |
9.31% |
12.20% |
6.50% |
16.71% |
12.30% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.12 |
1.26 |
1.16 |
1.23 |
1.10 |
1.31 |
1.07 |
1.20 |
1.52 |
1.34 |
1.53 |
Enterprise Value to Revenue (EV/Rev) |
|
1.97 |
2.26 |
2.44 |
3.46 |
3.02 |
3.25 |
2.49 |
2.38 |
2.78 |
2.31 |
2.28 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
5.27 |
15.14 |
12.35 |
21.13 |
17.21 |
11.43 |
12.66 |
9.96 |
16.71 |
8.93 |
8.42 |
Enterprise Value to EBIT (EV/EBIT) |
|
9.37 |
15.75 |
12.63 |
24.64 |
19.37 |
11.93 |
13.22 |
10.35 |
17.90 |
9.18 |
8.87 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
9.64 |
16.96 |
13.11 |
29.63 |
22.40 |
13.03 |
14.24 |
11.02 |
18.92 |
7.29 |
9.65 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
7.63 |
8.95 |
7.84 |
17.04 |
10.46 |
10.76 |
7.15 |
6.35 |
6.98 |
5.40 |
5.95 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
18.00 |
0.00 |
0.00 |
14.12 |
0.00 |
0.00 |
7.21 |
12.63 |
0.00 |
29.11 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.49 |
0.42 |
0.37 |
0.37 |
0.34 |
0.35 |
0.26 |
0.24 |
Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.17 |
0.17 |
0.15 |
0.20 |
0.20 |
0.21 |
0.15 |
0.13 |
Financial Leverage |
|
0.02 |
0.02 |
0.00 |
0.25 |
0.45 |
0.39 |
0.37 |
0.36 |
0.35 |
0.30 |
0.25 |
Leverage Ratio |
|
3.32 |
3.23 |
3.20 |
3.14 |
3.11 |
3.08 |
3.09 |
3.21 |
3.52 |
3.42 |
3.31 |
Compound Leverage Factor |
|
3.32 |
3.23 |
3.20 |
3.14 |
3.11 |
3.08 |
3.09 |
3.21 |
3.52 |
3.42 |
3.31 |
Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
32.69% |
29.46% |
27.03% |
27.22% |
25.43% |
26.06% |
20.70% |
19.60% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
21.31% |
17.74% |
15.95% |
12.33% |
10.44% |
10.47% |
8.92% |
9.06% |
Long-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
11.38% |
11.72% |
11.09% |
14.89% |
14.99% |
15.59% |
11.78% |
10.54% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
8.95% |
5.27% |
0.00% |
4.06% |
4.57% |
4.75% |
3.59% |
3.21% |
Noncontrolling Interests to Total Capital |
|
11.21% |
13.28% |
11.36% |
6.89% |
6.74% |
4.85% |
4.59% |
0.05% |
0.06% |
0.01% |
0.00% |
Common Equity to Total Capital |
|
1.88% |
-0.23% |
-1.23% |
51.47% |
58.53% |
1.26% |
64.14% |
69.96% |
69.13% |
75.71% |
77.20% |
Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
5.64 |
4.60 |
2.37 |
3.21 |
2.12 |
2.86 |
1.38 |
1.08 |
Net Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
4.95 |
3.92 |
1.99 |
2.65 |
1.72 |
2.32 |
1.11 |
0.87 |
Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
1.96 |
1.83 |
0.97 |
1.76 |
1.25 |
1.71 |
0.78 |
0.58 |
Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
7.90 |
5.99 |
2.70 |
3.61 |
2.34 |
3.24 |
1.12 |
1.23 |
Net Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
6.94 |
5.10 |
2.27 |
2.98 |
1.91 |
2.63 |
0.91 |
1.00 |
Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
2.75 |
2.38 |
1.11 |
1.97 |
1.38 |
1.94 |
0.64 |
0.66 |
Noncontrolling Interest Sharing Ratio |
|
98.37% |
99.20% |
100.80% |
60.53% |
20.25% |
61.01% |
52.33% |
9.08% |
6.35% |
5.35% |
4.24% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-612 |
496 |
-1,376 |
-5,282 |
1,154 |
-391 |
-891 |
3,017 |
2,109 |
-1,412 |
1,363 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
5,231.04% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
-13.40 |
10.82 |
-20.78 |
-44.98 |
9.58 |
-3.24 |
-6.21 |
21.71 |
16.10 |
-10.62 |
9.67 |
Operating Cash Flow to Interest Expense |
|
22.73 |
21.75 |
20.79 |
9.32 |
12.94 |
16.95 |
20.12 |
24.64 |
29.13 |
43.23 |
47.33 |
Operating Cash Flow Less CapEx to Interest Expense |
|
22.73 |
21.75 |
20.79 |
9.32 |
12.69 |
16.95 |
20.12 |
24.64 |
29.13 |
43.23 |
47.33 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.19 |
0.18 |
0.17 |
0.18 |
0.17 |
0.19 |
0.20 |
0.21 |
0.21 |
0.25 |
0.27 |
Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
7,080 |
7,111 |
9,311 |
15,223 |
14,796 |
16,879 |
19,219 |
18,177 |
17,475 |
23,145 |
25,894 |
Invested Capital Turnover |
|
0.63 |
0.56 |
0.54 |
0.44 |
0.36 |
0.43 |
0.46 |
0.49 |
0.54 |
0.66 |
0.71 |
Increase / (Decrease) in Invested Capital |
|
1,433 |
30 |
2,201 |
5,911 |
-427 |
2,082 |
2,340 |
-1,042 |
-702 |
5,670 |
2,749 |
Enterprise Value (EV) |
|
7,914 |
8,932 |
10,802 |
18,661 |
16,304 |
22,039 |
20,632 |
21,766 |
26,620 |
31,060 |
39,671 |
Market Capitalization |
|
7,630 |
8,541 |
10,587 |
11,879 |
10,814 |
17,384 |
14,645 |
17,164 |
22,080 |
26,355 |
34,746 |
Book Value per Share |
|
$1.00 |
($0.13) |
($0.93) |
$59.86 |
$21.40 |
$0.52 |
$30.36 |
$32.93 |
$32.66 |
$46.96 |
$53.13 |
Tangible Book Value per Share |
|
$1.00 |
($0.13) |
($0.93) |
$54.88 |
$19.83 |
($1.30) |
$28.65 |
$30.48 |
$30.49 |
$45.00 |
$49.54 |
Total Capital |
|
6,861 |
7,111 |
9,311 |
15,223 |
14,796 |
16,879 |
19,219 |
18,177 |
17,475 |
23,145 |
25,894 |
Total Debt |
|
0.00 |
0.00 |
0.00 |
4,977 |
4,358 |
4,563 |
5,231 |
4,621 |
4,554 |
4,790 |
5,074 |
Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
1,733 |
1,734 |
1,872 |
2,861 |
2,724 |
2,725 |
2,726 |
2,728 |
Net Debt |
|
-486 |
-553 |
-843 |
4,370 |
3,712 |
3,837 |
4,325 |
3,763 |
3,699 |
3,873 |
4,095 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
30 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-2.23 |
-17 |
-264 |
-75 |
-184 |
-200 |
Net Nonoperating Obligations (NNO) |
|
220 |
0.00 |
0.00 |
4,977 |
4,358 |
4,563 |
5,231 |
4,621 |
4,554 |
4,790 |
5,074 |
Total Depreciation and Amortization (D&A) |
|
657 |
23 |
19 |
126 |
106 |
82 |
69 |
82 |
106 |
95 |
235 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.07 |
$1.41 |
$1.83 |
$1.40 |
$1.76 |
$3.97 |
$0.00 |
$5.34 |
$3.90 |
$11.94 |
$11.47 |
Adjusted Weighted Average Basic Shares Outstanding |
|
392.45M |
365.36M |
362.38M |
404.14M |
404.35M |
401.80M |
0.00 |
391.75M |
368.61M |
368.70M |
372.50M |
Adjusted Diluted Earnings per Share |
|
$2.01 |
$1.36 |
$1.78 |
$1.36 |
$1.73 |
$3.87 |
$0.00 |
$5.23 |
$3.80 |
$11.62 |
$11.19 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
404.77M |
378.12M |
374.15M |
417.79M |
412.91M |
411.61M |
0.00 |
400.35M |
377.61M |
378.80M |
381.80M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.97 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
378.68M |
366.23M |
368.87M |
393.03M |
402.53M |
406.66M |
0.00 |
379.04M |
371.20M |
374.15M |
375.36M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
821 |
527 |
824 |
630 |
728 |
1,691 |
1,449 |
1,975 |
1,407 |
2,370 |
4,112 |
Normalized NOPAT Margin |
|
20.39% |
13.31% |
18.59% |
11.67% |
13.48% |
24.93% |
17.50% |
21.58% |
14.68% |
17.63% |
23.67% |
Pre Tax Income Margin |
|
20.96% |
14.33% |
19.30% |
14.04% |
15.59% |
27.22% |
18.85% |
22.98% |
15.52% |
25.18% |
25.75% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
18.50 |
12.36 |
12.91 |
6.45 |
6.99 |
15.28 |
10.88 |
15.13 |
11.35 |
25.45 |
31.73 |
NOPAT to Interest Expense |
|
18.00 |
11.48 |
12.44 |
5.36 |
6.04 |
13.99 |
10.10 |
14.21 |
10.74 |
32.02 |
29.16 |
EBIT Less CapEx to Interest Expense |
|
18.50 |
12.36 |
12.91 |
6.45 |
6.74 |
15.28 |
10.88 |
15.13 |
11.35 |
25.45 |
31.73 |
NOPAT Less CapEx to Interest Expense |
|
18.00 |
11.48 |
12.44 |
5.36 |
5.79 |
13.99 |
10.10 |
14.21 |
10.74 |
32.02 |
29.16 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
4.43% |
7.64% |
5.59% |
10.17% |
2.47% |
3.20% |
3.18% |
2.19% |
2.70% |
0.90% |
44.20% |
Augmented Payout Ratio |
|
59.73% |
77.03% |
15.01% |
13.51% |
2.47% |
3.37% |
8.87% |
57.30% |
42.24% |
0.90% |
44.76% |
Quarterly Metrics And Ratios for Arch Capital Group
This table displays calculated financial ratios and metrics derived from Arch Capital Group's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
13.40% |
34.58% |
62.99% |
41.10% |
39.02% |
26.41% |
26.30% |
48.02% |
17.09% |
21.26% |
EBITDA Growth |
|
-111.82% |
58.02% |
260.85% |
87.79% |
2,113.16% |
18.13% |
55.16% |
45.94% |
-38.75% |
8.23% |
EBIT Growth |
|
-121.23% |
62.05% |
301.08% |
95.08% |
1,257.81% |
18.80% |
57.14% |
47.06% |
-41.85% |
6.81% |
NOPAT Growth |
|
-101.41% |
41.62% |
291.91% |
62.16% |
16,028.57% |
174.09% |
57.08% |
47.14% |
-47.70% |
-2.21% |
Net Income Growth |
|
-95.73% |
38.32% |
262.12% |
65.59% |
3,916.67% |
170.65% |
56.21% |
47.68% |
-48.75% |
-2.52% |
EPS Growth |
|
-97.96% |
43.95% |
289.58% |
68.27% |
9,300.00% |
170.80% |
56.15% |
46.29% |
-49.32% |
-2.12% |
Operating Cash Flow Growth |
|
35.96% |
23.14% |
74.46% |
27.61% |
42.75% |
69.55% |
62.41% |
31.89% |
-6.78% |
-25.96% |
Free Cash Flow Firm Growth |
|
106.31% |
-6.02% |
-122.06% |
-149.54% |
-265.44% |
-322.98% |
-1,009.63% |
-311.46% |
54.90% |
106.47% |
Invested Capital Growth |
|
-10.19% |
-3.86% |
6.20% |
14.27% |
22.80% |
32.45% |
30.35% |
42.68% |
10.82% |
2.61% |
Revenue Q/Q Growth |
|
7.77% |
28.71% |
1.53% |
0.19% |
6.18% |
17.03% |
1.44% |
17.42% |
0.00% |
10.32% |
EBITDA Q/Q Growth |
|
-109.67% |
2,800.00% |
-25.44% |
-3.53% |
3.66% |
58.43% |
-2.06% |
-9.27% |
0.00% |
100.69% |
EBIT Q/Q Growth |
|
-117.49% |
1,662.50% |
-25.80% |
-3.77% |
3.78% |
60.32% |
-1.85% |
-9.95% |
0.00% |
108.11% |
NOPAT Q/Q Growth |
|
-101.05% |
19,766.67% |
-17.92% |
-4.57% |
3.40% |
238.42% |
-52.96% |
-10.61% |
0.00% |
114.90% |
Net Income Q/Q Growth |
|
-95.54% |
4,688.89% |
-16.82% |
-6.69% |
8.07% |
222.68% |
-51.99% |
-11.79% |
0.00% |
115.51% |
EPS Q/Q Growth |
|
-98.08% |
11,200.00% |
-17.26% |
-6.42% |
7.43% |
225.53% |
-52.29% |
-12.33% |
0.00% |
118.24% |
Operating Cash Flow Q/Q Growth |
|
52.99% |
-28.84% |
-1.93% |
19.52% |
71.16% |
-15.48% |
-6.07% |
-2.94% |
0.00% |
-22.91% |
Free Cash Flow Firm Q/Q Growth |
|
-48.98% |
-17.95% |
-127.27% |
-333.95% |
-70.36% |
-10.59% |
-35.73% |
-60.91% |
0.00% |
122.25% |
Invested Capital Q/Q Growth |
|
-4.43% |
6.28% |
7.23% |
4.91% |
2.71% |
14.63% |
5.54% |
14.83% |
0.00% |
6.33% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
-1.59% |
33.41% |
24.54% |
23.62% |
23.06% |
31.22% |
30.14% |
23.29% |
15.77% |
28.68% |
EBIT Margin |
|
-2.68% |
32.56% |
23.80% |
22.86% |
22.34% |
30.60% |
29.61% |
22.71% |
14.70% |
27.74% |
Profit (Net Income) Margin |
|
0.75% |
28.07% |
23.00% |
21.41% |
21.80% |
60.10% |
28.44% |
21.37% |
12.45% |
24.32% |
Tax Burden Percent |
|
-300.00% |
97.18% |
96.63% |
93.70% |
97.57% |
196.38% |
96.05% |
94.10% |
84.66% |
87.67% |
Interest Burden Percent |
|
9.38% |
88.70% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
0.00% |
6.88% |
8.63% |
9.38% |
9.72% |
-90.57% |
8.66% |
9.33% |
17.85% |
15.17% |
Return on Invested Capital (ROIC) |
|
-0.09% |
14.46% |
12.90% |
13.15% |
13.91% |
38.60% |
17.87% |
13.60% |
8.47% |
15.68% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.38% |
15.25% |
13.72% |
13.59% |
15.03% |
40.07% |
18.99% |
14.27% |
8.79% |
16.38% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.14% |
5.28% |
4.82% |
4.92% |
5.33% |
11.97% |
5.59% |
4.17% |
2.28% |
4.16% |
Return on Equity (ROE) |
|
0.05% |
19.74% |
17.71% |
18.06% |
19.24% |
50.57% |
23.45% |
17.77% |
10.74% |
19.85% |
Cash Return on Invested Capital (CROIC) |
|
17.44% |
11.83% |
4.49% |
-1.60% |
-5.07% |
-6.95% |
-4.83% |
-14.43% |
3.74% |
10.01% |
Operating Return on Assets (OROA) |
|
-0.52% |
6.70% |
5.31% |
5.37% |
5.56% |
7.70% |
7.42% |
5.61% |
3.85% |
6.89% |
Return on Assets (ROA) |
|
0.15% |
5.78% |
5.13% |
5.03% |
5.42% |
15.11% |
7.12% |
5.28% |
3.26% |
6.04% |
Return on Common Equity (ROCE) |
|
0.05% |
18.49% |
16.61% |
16.95% |
18.05% |
47.86% |
22.28% |
16.97% |
10.31% |
19.12% |
Return on Equity Simple (ROE_SIMPLE) |
|
10.54% |
0.00% |
14.31% |
15.48% |
19.50% |
0.00% |
25.03% |
23.18% |
17.48% |
16.21% |
Net Operating Profit after Tax (NOPAT) |
|
-4.20 |
826 |
678 |
647 |
669 |
2,264 |
1,065 |
952 |
557 |
1,197 |
NOPAT Margin |
|
-0.18% |
26.90% |
21.74% |
20.71% |
20.17% |
58.32% |
27.04% |
20.59% |
12.08% |
23.53% |
Net Nonoperating Expense Percent (NNEP) |
|
-0.47% |
-0.78% |
-0.83% |
-0.45% |
-1.13% |
-1.48% |
-1.12% |
-0.67% |
-0.32% |
-0.69% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
102.68% |
67.44% |
76.20% |
77.14% |
77.66% |
69.40% |
70.39% |
77.29% |
85.30% |
72.26% |
Earnings before Interest and Taxes (EBIT) |
|
-64 |
1,000 |
742 |
714 |
741 |
1,188 |
1,166 |
1,050 |
678 |
1,411 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
-38 |
1,026 |
765 |
738 |
765 |
1,212 |
1,187 |
1,077 |
727 |
1,459 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.53 |
1.83 |
1.91 |
2.02 |
2.06 |
1.50 |
1.86 |
1.96 |
1.74 |
1.54 |
Price to Tangible Book Value (P/TBV) |
|
1.65 |
1.96 |
2.04 |
2.14 |
2.17 |
1.57 |
1.94 |
2.11 |
1.86 |
1.63 |
Price to Revenue (P/Rev) |
|
1.91 |
2.30 |
2.34 |
2.38 |
2.35 |
1.96 |
2.42 |
2.67 |
2.00 |
1.80 |
Price to Earnings (P/E) |
|
14.00 |
15.38 |
12.89 |
12.55 |
10.15 |
5.99 |
7.17 |
8.21 |
9.69 |
9.24 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
5.20% |
5.49% |
Earnings Yield |
|
7.14% |
6.50% |
7.76% |
7.97% |
9.85% |
16.71% |
13.94% |
12.18% |
10.32% |
10.83% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.31 |
1.52 |
1.60 |
1.67 |
1.72 |
1.34 |
1.61 |
1.70 |
1.52 |
1.38 |
Enterprise Value to Revenue (EV/Rev) |
|
2.44 |
2.78 |
2.78 |
2.81 |
2.74 |
2.31 |
2.76 |
3.02 |
2.29 |
2.10 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
17.66 |
16.71 |
13.97 |
13.18 |
10.52 |
8.93 |
10.10 |
11.24 |
9.71 |
9.11 |
Enterprise Value to EBIT (EV/EBIT) |
|
19.45 |
17.90 |
14.66 |
13.72 |
10.84 |
9.18 |
10.35 |
11.50 |
10.35 |
9.74 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
18.44 |
18.92 |
15.68 |
15.19 |
12.29 |
7.29 |
8.48 |
9.63 |
11.45 |
11.10 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
5.91 |
6.98 |
7.09 |
7.33 |
6.84 |
5.40 |
6.21 |
7.09 |
6.28 |
6.43 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
7.09 |
12.63 |
36.67 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
42.90 |
13.96 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.39 |
0.35 |
0.34 |
0.34 |
0.32 |
0.26 |
0.26 |
0.26 |
0.26 |
0.25 |
Long-Term Debt to Equity |
|
0.23 |
0.21 |
0.19 |
0.19 |
0.18 |
0.15 |
0.14 |
0.12 |
0.13 |
0.12 |
Financial Leverage |
|
0.38 |
0.35 |
0.35 |
0.36 |
0.35 |
0.30 |
0.29 |
0.29 |
0.26 |
0.25 |
Leverage Ratio |
|
3.62 |
3.52 |
3.59 |
3.68 |
3.76 |
3.42 |
3.41 |
3.45 |
3.37 |
3.36 |
Compound Leverage Factor |
|
0.34 |
3.12 |
3.59 |
3.68 |
3.76 |
3.42 |
3.41 |
3.45 |
3.37 |
3.36 |
Debt to Total Capital |
|
28.21% |
26.06% |
25.29% |
25.52% |
24.52% |
20.70% |
20.76% |
20.59% |
20.41% |
19.95% |
Short-Term Debt to Total Capital |
|
11.63% |
10.47% |
10.75% |
11.65% |
11.01% |
8.92% |
9.59% |
10.87% |
10.33% |
10.47% |
Long-Term Debt to Total Capital |
|
16.57% |
15.59% |
14.55% |
13.87% |
13.50% |
11.78% |
11.16% |
9.72% |
10.08% |
9.48% |
Preferred Equity to Total Capital |
|
5.05% |
4.75% |
4.43% |
4.22% |
4.11% |
3.59% |
3.40% |
2.96% |
3.07% |
2.88% |
Noncontrolling Interests to Total Capital |
|
0.05% |
0.06% |
0.06% |
0.01% |
0.01% |
0.01% |
0.01% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
66.69% |
69.13% |
70.22% |
70.25% |
71.36% |
75.71% |
75.84% |
76.45% |
76.53% |
77.17% |
Debt to EBITDA |
|
3.81 |
2.86 |
2.21 |
2.01 |
1.50 |
1.38 |
1.30 |
1.36 |
1.30 |
1.32 |
Net Debt to EBITDA |
|
3.14 |
2.32 |
1.83 |
1.65 |
1.24 |
1.11 |
1.04 |
1.12 |
1.02 |
1.09 |
Long-Term Debt to EBITDA |
|
2.24 |
1.71 |
1.27 |
1.09 |
0.83 |
0.78 |
0.70 |
0.64 |
0.64 |
0.63 |
Debt to NOPAT |
|
3.98 |
3.24 |
2.48 |
2.32 |
1.76 |
1.12 |
1.09 |
1.17 |
1.53 |
1.61 |
Net Debt to NOPAT |
|
3.28 |
2.63 |
2.06 |
1.90 |
1.45 |
0.91 |
0.88 |
0.96 |
1.20 |
1.33 |
Long-Term Debt to NOPAT |
|
2.34 |
1.94 |
1.43 |
1.26 |
0.97 |
0.64 |
0.59 |
0.55 |
0.76 |
0.76 |
Noncontrolling Interest Sharing Ratio |
|
6.66% |
6.35% |
6.24% |
6.17% |
6.18% |
5.35% |
5.02% |
4.50% |
4.06% |
3.66% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
1,862 |
1,528 |
-417 |
-1,808 |
-3,080 |
-3,406 |
-4,623 |
-7,439 |
-2,085 |
464 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
56.41 |
47.73 |
-13.02 |
-54.79 |
-90.59 |
-100.18 |
-135.97 |
-212.54 |
-59.57 |
12.21 |
Operating Cash Flow to Interest Expense |
|
41.82 |
30.69 |
30.09 |
34.88 |
57.94 |
48.97 |
46.00 |
43.37 |
41.66 |
29.58 |
Operating Cash Flow Less CapEx to Interest Expense |
|
41.82 |
30.69 |
30.09 |
34.88 |
57.94 |
48.97 |
46.00 |
43.37 |
41.66 |
29.58 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.19 |
0.21 |
0.22 |
0.24 |
0.25 |
0.25 |
0.25 |
0.25 |
0.26 |
0.25 |
Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
16,442 |
17,475 |
18,739 |
19,659 |
20,191 |
23,145 |
24,427 |
28,050 |
27,069 |
28,783 |
Invested Capital Turnover |
|
0.51 |
0.54 |
0.59 |
0.63 |
0.69 |
0.66 |
0.66 |
0.66 |
0.70 |
0.67 |
Increase / (Decrease) in Invested Capital |
|
-1,866 |
-702 |
1,095 |
2,455 |
3,749 |
5,670 |
5,688 |
8,391 |
2,642 |
733 |
Enterprise Value (EV) |
|
21,474 |
26,620 |
29,971 |
32,820 |
34,651 |
31,060 |
39,405 |
47,654 |
41,269 |
39,710 |
Market Capitalization |
|
16,811 |
22,080 |
25,193 |
27,876 |
29,728 |
26,355 |
34,496 |
42,073 |
36,102 |
34,121 |
Book Value per Share |
|
$29.70 |
$32.66 |
$35.45 |
$37.08 |
$38.63 |
$46.96 |
$49.95 |
$57.02 |
$55.19 |
$59.27 |
Tangible Book Value per Share |
|
$27.52 |
$30.49 |
$33.33 |
$35.00 |
$36.65 |
$45.00 |
$47.85 |
$53.07 |
$51.70 |
$55.75 |
Total Capital |
|
16,442 |
17,475 |
18,739 |
19,659 |
20,191 |
23,145 |
24,427 |
28,050 |
27,069 |
28,783 |
Total Debt |
|
4,638 |
4,554 |
4,740 |
5,016 |
4,950 |
4,790 |
5,070 |
5,776 |
5,524 |
5,742 |
Total Long-Term Debt |
|
2,725 |
2,725 |
2,726 |
2,726 |
2,726 |
2,726 |
2,727 |
2,727 |
2,728 |
2,728 |
Net Debt |
|
3,824 |
3,699 |
3,937 |
4,112 |
4,091 |
3,873 |
4,077 |
4,751 |
4,337 |
4,759 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
-22 |
-36 |
-39 |
-22 |
-54 |
-69 |
-55 |
-36 |
-17 |
-40 |
Net Nonoperating Obligations (NNO) |
|
4,638 |
4,554 |
4,740 |
5,016 |
4,950 |
4,790 |
5,070 |
5,776 |
5,524 |
5,742 |
Total Depreciation and Amortization (D&A) |
|
26 |
26 |
23 |
24 |
24 |
24 |
21 |
27 |
49 |
48 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.02 |
$2.31 |
$1.92 |
$1.79 |
$1.93 |
$6.30 |
$2.99 |
$2.62 |
$1.51 |
$3.30 |
Adjusted Weighted Average Basic Shares Outstanding |
|
365.19M |
368.60M |
367.30M |
368.70M |
369.20M |
368.70M |
370.90M |
373.20M |
372.90M |
372.20M |
Adjusted Diluted Earnings per Share |
|
$0.02 |
$2.26 |
$1.87 |
$1.75 |
$1.88 |
$6.12 |
$2.92 |
$2.56 |
$1.48 |
$3.23 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
373.73M |
377.60M |
377.60M |
378.40M |
379.40M |
378.80M |
380.50M |
382.30M |
381.90M |
379.90M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
369.87M |
371.20M |
372.42M |
372.95M |
373.17M |
374.15M |
375.49M |
376.24M |
374.75M |
373.22M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
-4.20 |
826 |
678 |
647 |
669 |
832 |
1,065 |
952 |
557 |
1,197 |
Normalized NOPAT Margin |
|
-0.18% |
26.90% |
21.74% |
20.71% |
20.17% |
21.42% |
27.04% |
20.59% |
12.08% |
23.53% |
Pre Tax Income Margin |
|
-0.25% |
28.88% |
23.80% |
22.86% |
22.34% |
30.60% |
29.61% |
22.71% |
14.70% |
27.74% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
-1.94 |
31.25 |
23.19 |
21.64 |
21.79 |
34.94 |
34.29 |
30.00 |
19.37 |
37.13 |
NOPAT to Interest Expense |
|
-0.13 |
25.81 |
21.19 |
19.61 |
19.68 |
66.59 |
31.32 |
27.20 |
15.91 |
31.50 |
EBIT Less CapEx to Interest Expense |
|
-1.94 |
31.25 |
23.19 |
21.64 |
21.79 |
34.94 |
34.29 |
30.00 |
19.37 |
37.13 |
NOPAT Less CapEx to Interest Expense |
|
-0.13 |
25.81 |
21.19 |
19.61 |
19.68 |
66.59 |
31.32 |
27.20 |
15.91 |
31.50 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
3.14% |
2.70% |
2.00% |
1.77% |
1.35% |
0.90% |
0.83% |
0.77% |
50.74% |
51.23% |
Augmented Payout Ratio |
|
79.38% |
42.24% |
2.00% |
1.77% |
1.35% |
0.90% |
0.83% |
0.77% |
56.59% |
61.49% |
Key Financial Trends
Arch Capital Group (NASDAQ:ACGL) has demonstrated solid financial performance and overall growth across its recent quarterly and annual results. Below is a summary of key trends and notable financial highlights from the last four years, focusing on the most recent quarters.
- Consistent Net Income Growth: The company reported a strong consolidated net income of $1.237 billion in Q2 2025, up from $1.269 billion in Q2 2024 and $662 million in Q2 2023, showcasing solid earnings growth.
- Increase in Premiums Earned: Premiums earned have grown from approximately $2.9 billion in Q2 2022 to $4.34 billion in Q2 2025, indicating growth in the core insurance business.
- Growth in Total Assets: Total assets increased notably from $46.3 billion in Q3 2022 to $78.8 billion in Q2 2025, indicating balance sheet expansion and increased capital deployment.
- Strong Operating Cash Flow: Net cash from continuing operating activities remains robust, with $1.12 billion in Q2 2025 and $1.52 billion in Q2 2024, supporting operational strength and ability to fund investments and returns to shareholders.
- Capital Return to Shareholders: The company continues to repurchase shares and pay dividends, with $163 million repurchased and $12 million dividends paid in Q2 2025, reflecting management's confidence in the business and a shareholder-friendly approach.
- Flat Interest Expense: Interest expense related to long-term debt has remained relatively flat at around $33-$38 million per quarter, indicating stable debt costs amid the company's capital structure.
- Stable Diluted Shares Outstanding: Weighted average diluted shares outstanding have remained around 370-380 million shares across quarters, suggesting limited dilution.
- Trading Account Securities Growth: Trading assets increased from approximately $24 billion in Q3 2022 to about $41.4 billion in Q2 2025, showing investment portfolio growth consistent with asset growth.
- Increase in Amortization Expense: Amortization expense has increased over time, reaching $872 million in Q2 2025 compared to $474 million in Q3 2022, which could weigh on profitability if the trend continues.
- Unearned Premiums Liability and Claims Exposure Rising: Unearned premiums liability and claims and claim expenses have increased steadily, with claims and claim expense rising from about $19.3 billion in Q3 2022 to $32.1 billion in Q2 2025, which could indicate growing liabilities and risk exposure.
Summary: Arch Capital Group has shown strong revenue and net income growth supported by expanding premiums and assets under management. Operating cash flow remains strong, and the company actively returns capital to shareholders. However, rising amortization costs and growing claims liabilities bear watching as potential pressure points. Overall, ACGL exhibits a healthy financial trajectory with prudent capital management supporting ongoing growth.
10/13/25 11:19 PM ETAI Generated. May Contain Errors.