Arch Capital (ACGL) stock
Financials · Property & Casualty Insurance
Arch Capital (ACGL) is a Property & Casualty Insurance company in the Financials sector, headquartered in Hamilton, Bermuda. As of October 23, 2026, ACGL closed at $101.69, a market capitalization of $34.70 billion, the 298th largest company in the S&P 500. Over the last twelve months it generated $19.23 billion in revenue (-10% year over year) and $6.05 billion in free cash flow. The stock trades at 8.0x trailing earnings and 10.4x forward earnings.
- 1-year total return: +16.3% (dividends reinvested)
- 5-year return: +19.9% a year
- 52-week range: $82.45 – $107.09
- Gross margin 38.8%, operating margin 26.6%
- FI Handbook report card: B across 10 metrics
- 49th largest of 76 Financials stocks in the S&P 500
ACGL price chart
1Y price change: +16.3% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| ACGL | +6.9% | +6.0% | +16.3% | +9.3% | +19.9% | +15.2% | +13.0% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1995.
ACGL key statistics
- Market cap
- $34.7B
- #298 in S&P 500
- P/E (TTM)
- 8.0x
- Forward P/E
- 10.4x
- EPS (TTM)
- $12.78
- Revenue (TTM)
- $19.2B
- -11%
- Free cash flow
- $6.1B
- Gross margin
- 38.8%
- Operating margin
- 26.6%
- Return on equity
- 19.9%
- Dividend yield
- None
- 52-week range
- $82.45 – $107.09
- Beta
- 0.26
- Price / sales
- 1.8x
- EV / EBITDA
- 6.3x
- Debt / equity
- 0.18x
- Employees
- 8,000
ACGL report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth-10.5%F
- Gross margin38.8%C
- Operating margin26.6%B
- FCF margin31.5%A
- Return on equity19.9%B
- Net debt / EBITDA-0.0xA
- Forward P/E10.4xA
- PEG ratio1.1xB
- Shareholder yield5.4%A
- Share count change / yr-1.7%B
Arch Capital financials
Revenue went from $4.5B in fiscal 2016 to $19.9B in fiscal 2025, growing 18.1% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.5B | $5.6B | $5.5B | $6.9B | $8.5B | $9.2B | $9.6B | $13.6B | $17.4B | $19.9B |
| Net income | $692.7M | $619.3M | $758.0M | $1.6B | $1.4B | $2.2B | $1.5B | $4.4B | $4.3B | $4.4B |
| EPS (diluted) | $1.78 | $1.36 | $1.73 | $3.87 | $3.32 | $5.23 | $3.80 | $11.62 | $11.19 | $11.60 |
| Free cash flow | — | $1.1B | $1.5B | $2.0B | $2.8B | $3.4B | $3.8B | $5.7B | $6.6B | $6.1B |
| Buybacks | $75.3M | $0 | $282.8M | $2.9M | $83.5M | $1.2B | $586.0M | $0 | $24.0M | $1.9B |
| Diluted shares | 374.2M | 417.8M | 412.9M | 411.6M | 410.3M | 400.3M | 377.6M | 378.8M | 381.8M | 375.9M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into ACGL?
A reverse DCF asks what growth the current price requires. With an enterprise value of $34.5B and $6.1B of trailing free cash flow, Arch Capital needs to grow free cash flow about -19.2% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 16.6% a year over the last five years.
P/E ratio history
Current 8.8x vs. median 12.2x (10th–90th percentile 7.0x–21.0x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
ACGL analyst price targets
19 analysts' average 12-month target is $110.13 (+8% vs. $101.69). Targets range from $95.00 to $131.00. 45% rate it a buy.
ACGL earnings
Next report: October 27, 2026. Arch Capital has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $4.5B (-10% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 28, 2026 | $2.46 | $2.56 | +4.0% |
| Apr 28, 2026 | $2.46 | $2.50 | +1.5% |
| Feb 9, 2026 | $2.57 | $2.98 | +15.8% |
| Oct 27, 2025 | $2.25 | $2.77 | +22.9% |
| Jul 29, 2025 | $2.30 | $2.58 | +12.2% |
| Apr 29, 2025 | $1.31 | $1.54 | +17.2% |
| Feb 10, 2025 | $1.80 | $2.26 | +25.5% |
| Oct 30, 2024 | $2.10 | $2.56 | +22.2% |
Stocks like ACGL
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 CB Chubb | -2.43% | +27% | $137.0B | 12.4x | Compare |
 PGR Progressive | -0.68% | +10% | $132.2B | 11.5x | Compare |
 TRV Travelers Companies | -1.77% | +50% | $81.6B | 10.5x | Compare |
 ALL Allstate | -2.28% | +33% | $64.0B | 5.1x | Compare |
 HIG Hartford Insurance Group, I | -1.93% | +11% | $37.0B | 9.7x | Compare |
 WRB W.R. Berkley | -2.94% | +0% | $27.2B | 15.5x | Compare |
 CINF Cincinnati Financial Corporatio | -1.11% | +16% | $27.1B | 8.3x | Compare |
 BRK-B Berkshire Hathaway | -0.87% | +11% | $1.2T | 13.6x | Compare |
ACGL news
- Will Arch Capital Pull Off a Surprise This Earnings Season? · Oct 23, 2026
- How Weaker Earnings Forecasts Will Impact Arch Capital Group Stock Investors · Oct 22, 2026
- Arch Capital Group (ACGL) Nears Earnings, Is The Stock Still Cheap? · Oct 22, 2026
- Arch Capital Group (ACGL) Stock Falls Amid Market Uptick: What Investors Need to Know · Oct 21, 2026
- Arch Capital Group (ACGL) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release · Oct 20, 2026
ACGL stock FAQ
What is ACGL's market cap?
Arch Capital's market capitalization is $34.70 billion as of October 23, 2026, ranking 298th in the S&P 500.
What is ACGL's P/E ratio?
ACGL trades at a trailing price-to-earnings ratio of 8.0x and a forward P/E of 10.4x. Its median P/E over the period we track is 12.2x.
Does ACGL pay a dividend?
No. Arch Capital does not currently pay a regular cash dividend.
How much has ACGL stock returned?
Including reinvested dividends, ACGL returned +16.3% over one year, +19.9% a year over five years, +15.2% a year over ten years through October 23, 2026.
Is ACGL stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Arch Capital must grow free cash flow about -19% a year for the next decade. Its free cash flow grew 17% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the ACGL price target?
19 analysts cover ACGL with an average 12-month price target of $110.13, +8% from the current price. 45% of them rate it a buy.
When does ACGL report earnings?
Arch Capital is expected to report earnings on October 27, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Arch Capital have?
Arch Capital has about 8,000 full-time employees, or $2.4 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology