financial statements

The full income statement, balance sheet, and cash-flow statement for Arch Capital Group Ltd. (ACGL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	19.9B YoY+14.3%	17.4B YoY+27.9%	13.6B YoY+41.8%	9.61B YoY+3.9%	9.25B YoY+8.7%
Selling, general & administrative	132M YoY-34.0%	200M YoY+96.1%	102M YoY+7.4%	95.0M YoY+21.8%	78.0M YoY-4.9%
General & administrative	132M YoY-34.0%	200M YoY+96.1%	102M YoY+7.4%	95.0M YoY+21.8%	78.0M YoY-4.9%
Amortization of intangibles	193M YoY-17.9%	235M YoY+147.4%	95.0M YoY-10.4%	106M YoY+29.3%	82.0M YoY+18.8%
Interest expense	148M YoY+5.0%	141M YoY+6.0%	133M YoY+1.5%	131M YoY-5.8%	139M YoY-3.1%
Equity-method income	504M YoY-13.1%	580M YoY+108.6%	278M YoY+141.7%	115M YoY-68.6%	366M YoY+149.5%
Pre-tax income	5.16B YoY+10.4%	4.67B YoY+30.9%	3.57B YoY+128.6%	1.56B YoY-34.0%	2.37B YoY+50.1%
Income tax	760M YoY+109.9%	362M YoY+141.5%	-873M YoY-1191.3%	80.0M YoY-37.5%	128M YoY+14.5%
	4.40B YoY+2.0%	4.31B YoY-2.9%	4.44B YoY+201.0%	1.48B YoY-31.6%	2.16B YoY+53.5%
Net income to non-controlling interest	0.00	0.00 YoY+100.0%	-1.00M YoY-116.7%	6.00M YoY-92.7%	82.0M YoY+36.2%
Net income to common	4.36B YoY+2.0%	4.27B YoY-3.0%	4.40B YoY+206.6%	1.44B YoY-31.4%	2.09B YoY+53.5%
	$11.60 YoY+3.7%	$11.19 YoY-3.7%	$11.62 YoY+205.8%	$3.80 YoY-27.3%	$5.23 YoY+57.5%
EPS (basic)	$11.83 YoY+3.1%	$11.47 YoY-3.9%	$11.94 YoY+206.2%	$3.90 YoY-27.1%	$5.35 YoY+58.3%
Weighted-avg shares (basic)	368M YoY-1.1%	373M YoY+1.0%	369M YoY+0.0%	369M YoY-5.9%	392M YoY-2.8%
Weighted-avg shares (diluted)	376M YoY-1.5%	382M YoY+0.8%	379M YoY+0.3%	378M YoY-5.7%	400M YoY-2.4%
Dividends per share	$5.00 YoY+0.0%	$5.00	—	—	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	993M YoY+1.4%	979M YoY+6.8%	917M YoY+7.3%	855M YoY-0.5%	859M YoY-5.2%
	79.2B YoY+11.8%	70.9B YoY+20.4%	58.9B YoY+22.7%	48.0B YoY+6.4%	45.1B YoY+4.2%
Operating lease right-of-use	120M YoY-7.0%	129M YoY+3.2%	125M YoY+1.6%	123M YoY+15.1%	107M
Goodwill	607M YoY+6.3%	571M YoY+65.5%	345M YoY+0.9%	342M YoY-0.9%	345M YoY+9.7%
Intangible assets	534M YoY-23.8%	701M YoY+121.8%	316M YoY-19.6%	393M YoY-25.7%	529M YoY+76.9%
Total liabilities	55.0B YoY+9.9%	50.1B YoY+23.5%	40.6B YoY+15.6%	35.1B YoY+11.2%	31.5B YoY+7.7%
	24.2B YoY+16.3%	20.8B YoY+13.4%	18.4B YoY+42.2%	12.9B YoY-4.7%	13.5B YoY+3.4%
Preferred stock	830M YoY+0.0%	830M YoY+0.0%	830M YoY+0.0%	830M YoY+0.0%	830M YoY+6.4%
Common stock	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY+54.3%	648K YoY+0.8%
Additional paid-in capital	2.73B YoY+9.0%	2.51B YoY+7.9%	2.33B YoY+5.2%	2.21B YoY+6.0%	2.09B YoY+5.4%
Retained earnings	27.0B YoY+19.2%	22.7B YoY+11.8%	20.3B YoY+27.7%	15.9B YoY+9.9%	14.5B YoY+16.9%
Treasury stock	6.41B YoY+42.9%	4.49B YoY+1.4%	4.42B YoY+1.1%	4.38B YoY+16.4%	3.76B YoY+50.2%
Accumulated other comprehensive income	5.00M YoY+100.7%	-720M YoY-6.5%	-676M YoY+58.9%	-1.65B YoY-2432.3%	-65.0M YoY-113.3%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Total equity incl. non-controlling	12.9B YoY+0.0%	12.9B YoY+0.0%	12.9B YoY+0.0%	12.9B YoY-4.7%	13.5B YoY-2.7%
Total liabilities & equity	79.2B YoY+11.8%	70.9B YoY+20.4%	58.9B YoY+22.7%	48.0B YoY+6.4%	45.1B YoY+4.2%
Common shares issued	600M YoY+0.7%	596M YoY+0.6%	592M YoY+0.6%	588M YoY+0.9%	583M YoY+0.7%
Common shares outstanding	359M YoY-4.6%	376M YoY+0.8%	373M YoY+0.8%	370M YoY-2.2%	379M YoY-6.8%
Shares outstanding (cover)	363M YoY-3.6%	376M YoY+0.8%	373M YoY+0.9%	370M YoY-4.2%	386M YoY-4.9%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	6.17B YoY-7.5%	6.67B YoY+16.1%	5.75B YoY+50.7%	3.82B YoY+11.4%	3.42B YoY+18.7%
Share-based compensation	148M YoY+11.3%	133M YoY+43.0%	93.0M YoY+5.7%	88.0M YoY+0.0%	88.0M YoY+23.5%
Deferred income taxes	174M YoY+597.1%	-35.0M YoY+97.0%	-1.16B YoY-859.5%	-121M YoY+27.5%	-167M YoY-94.6%
	-4.04B YoY+9.5%	-4.46B YoY+18.4%	-5.47B YoY-76.3%	-3.10B YoY-45.0%	-2.14B YoY+29.7%
Capital expenditure	44.0M YoY-13.7%	51.0M YoY-1.9%	52.0M YoY+4.0%	50.0M YoY+22.0%	41.0M YoY+2.8%
Acquisitions	0.00 YoY+100.0%	-852M	0.00	0.00	—
Sales/maturities of investments	2.49B YoY+22.5%	2.04B YoY+160.7%	781M YoY+9.2%	715M YoY-56.1%	1.63B YoY+87.0%
Other investing activities	-106M YoY-453.3%	30.0M YoY+30.4%	23.0M YoY+118.4%	-125M YoY-123.9%	524M YoY+742.5%
	-1.89B YoY+1.8%	-1.93B YoY-2689.9%	-69.0M YoY+90.2%	-706M YoY+42.6%	-1.23B YoY-335.8%
Common stock repurchased	1.89B YoY+7770.8%	24.0M	0.00 YoY-100.0%	586M YoY-52.5%	1.23B YoY+1378.3%
Other financing activities	-4.00M YoY-100.0%	-2.00M YoY+60.0%	-5.00M YoY+94.2%	-86.0M YoY-2050.0%	-4.00M YoY-105.4%
FX effect on cash	61.0M YoY+344.0%	-25.0M YoY-292.3%	13.0M YoY+126.0%	-50.0M YoY-47.1%	-34.0M YoY-252.5%
Net change in cash	307M YoY+17.2%	262M YoY+16.4%	225M YoY+648.8%	-41.0M YoY-270.8%	24.0M YoY-93.8%
Interest paid	127M YoY+0.0%	127M YoY+0.0%	127M YoY-0.8%	128M YoY-7.9%	139M YoY+4.1%
Income taxes paid	458M YoY+21.2%	378M YoY+41.6%	267M YoY+4.7%	255M YoY-10.8%	286M YoY+40.9%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	34.8B YoY+0.1%	34.7B YoY+25.4%	27.7B YoY+19.4%	23.2B YoY+35.3%	17.2B YoY+17.2%
P/E	7.9× YoY-1.9%	8.1× YoY-13.7%	9.3× YoY-50.0%	18.7× YoY+134.8%	8.0× YoY-23.6%
P/S	1.7× YoY-12.4%	2.0× YoY-8.4%	2.2× YoY-16.9%	2.6× YoY+41.0%	1.9× YoY+7.8%
P/B	1.4× YoY-13.9%	1.7× YoY-8.2%	1.8× YoY-7.5%	2.0× YoY+55.1%	1.3× YoY+13.4%
P/FCF	5.7× YoY+8.2%	5.2× YoY-5.0%	5.5× YoY-14.5%	6.5× YoY+27.3%	5.1× YoY-1.4%
Earnings yield	12.6% YoY+1.9%	12.4% YoY+15.8%	10.7% YoY+100.2%	5.4% YoY-57.4%	12.6% YoY+30.9%
FCF yield	17.6% YoY-7.6%	19.1% YoY+5.2%	18.1% YoY+17.0%	15.5% YoY-21.5%	19.7% YoY+1.4%
Dividend yield	5.2% YoY-3.7%	5.4%	—	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: ACGL's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ACGL filings on SEC EDGAR → Not investment advice.

ACGL▼ financial statements

About this data

financial statements