← ARCH CAPITAL GROUP LTD.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.5b |
$5.6b
+26.07%
|
$5.5b
-3.14%
|
$6.9b
+27.11%
|
$8.5b
+22.81%
|
$9.2b
+8.71%
|
$9.6b
+3.94%
|
$13.6b
+41.80%
|
$17.4b
+27.92%
|
$19.9b
+14.27%
|
$18.6b
-6.69%
|
|
| General and Administrative Expense | $81.7m | $83.8m | $79.0m | $80.1m | $82.0m | $79.2m | $95.5m | $102.0m | $200.0m | $132.0m | — | |
| Amortization of Intangible Assets | $19.3m | $125.8m | $105.7m | $82.1m | $69.0m | $83.0m | $106.2m | $95.0m | $235.0m | $193.0m | — | |
| Operating Lease, Expense | — | — | — | $30.5m | $31.8m | — | — | — | — | — | — | |
| Other operating expenses | $633.0m | $684.5m | $677.8m | $801.0m | $875.2m | $998.6m | $1.1b | $1.3b | $1.5b | $1.8b | — | |
| Other Operating Income (Expense), Net | ($800k) | ($2.6m) | $2.4m | $2.2m | $29k | $10.2m | ($26.2m) | $27.0m | $42.0m | $54.0m | — | |
| Interest Expense | $66.3m | $117.4m | $120.5m | $120.9m | $143.5m | $139.5m | $130.3m | $133.0m | $141.0m | $148.0m | $156.0m | |
| Net investment income | $366.7m | $470.9m | $563.6m | $627.7m | $519.6m | $389.1m | $496.5m | $1.0b | $1.5b | $1.6b | $1.9b | |
| Investment Income, Net | $366.7m | $470.9m | $563.6m | $627.7m | $519.6m | $389.1m | $496.5m | $1.0b | $1.5b | $1.6b | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($40.1m) | $11.3m | $26.8m | $122.6m | $74.9m | $61.0m | $62.0m | $84.0m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $36.7m | ($115.8m) | $69.4m | ($20.6m) | ($83.6m) | $41.5m | $100.9m | ($60.0m) | $75.0m | ($128.0m) | — | |
| Equity in net income of investments accounted for using the equity method | $48.5m | $142.3m | $45.6m | $123.7m | $146.7m | $366.4m | $115.9m | $278.0m | $580.0m | $504.0m | — | |
| Income (Loss) from Equity Method Investments | $48.5m | $142.3m | $45.6m | $123.7m | $146.7m | $366.4m | $115.9m | $278.0m | $580.0m | $504.0m | — | |
| Other Expenses | $623.6m | $684.5m | $677.8m | $801.0m | $875.2m | $998.6m | $1.1b | $1.3b | $1.5b | $1.8b | — | |
| Other Income | — | — | — | — | — | — | — | $31.0m | $26.0m | $217.0m | — | |
| Other income (loss) | ($800k) | ($2.6m) | $2.4m | $2.2m | $16.8m | $10.2m | ($26.2m) | $27.0m | $42.0m | $54.0m | $281.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $3.1b | $5.2b | |
| Income before income taxes and income (loss) from operating affiliates | — | — | — | $1.8b | $1.6b | $2.1b | $1.5b | $3.4b | $4.5b | $5.0b | $5.2b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $855.6m | $757.3m | $841.8m | $1.8b | $1.6b | $2.4b | $1.6b | $3.6b | $4.7b | $5.2b | $5.2b | |
| Current Income Tax Expense (Benefit) | $50.7m | ($45.7m) | $85.9m | $144.4m | $197.7m | $295.5m | $201.2m | $288.0m | $397.0m | $586.0m | $687.0m | |
| Current tax expense (benefit) | $50.7m | ($45.7m) | $85.9m | $144.4m | $197.7m | $295.5m | $201.2m | $288.0m | $397.0m | $586.0m | — | |
| Deferred tax expense (benefit) | ($19.4m) | $173.3m | $28.1m | $11.4m | ($85.8m) | ($167.0m) | ($121.3m) | ($1.2b) | ($35.0m) | $174.0m | — | |
| Income Tax Expense (Benefit) | $31.4m | $127.6m | $114.0m | $155.8m | $111.8m | $128.6m | $80.0m | ($873.0m) | $362.0m | $760.0m | $687.0m | |
| Net Income (Loss) Attributable to Parent | $692.7m |
$619.3m
-10.60%
|
$758.0m
+22.40%
|
$1.6b
+115.88%
|
$1.4b
-14.10%
|
$2.2b
+53.46%
|
$1.5b
-31.52%
|
$4.4b
+200.83%
|
$4.3b
-2.95%
|
$4.4b
+2.02%
|
$4.7b
+5.75%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $664.7m |
$566.5m
-14.77%
|
$713.6m
+25.97%
|
$1.6b
+123.47%
|
$1.4b
-14.47%
|
$2.1b
+53.49%
|
$1.4b
-31.39%
|
$4.4b
+206.57%
|
$4.3b
-2.98%
|
$4.4b
+2.04%
|
$4.7b
+6.72%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $131.4m | $10.4m | ($30.1m) | $57.0m | $60.2m | $82.6m | $5.5m | ($1.0m) | $0 | $0 | $4.7b | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | $113.1m | ($7.9m) | ($48.5m) | $40.1m | $53.1m | $78.3m | $0 | $0 | — | — | $4.7b | |
| Preferred Stock Dividends, Income Statement Impact | $28.1m | $46.0m | $41.6m | $41.6m | $41.6m | $48.3m | $40.7m | $40.0m | $40.0m | $40.0m | $40.0m | |
| Earnings Per Share, Basic | $1.83 | $1.40 | $1.76 | $3.97 | $3.38 | $5.34 | $3.90 | $11.94 | $11.47 | $11.83 | $13.01 | |
| Earnings Per Share, Diluted | $1.78 | $1.36 | $1.73 | $3.87 | $3.32 | $5.23 | $3.80 | $11.62 | $11.19 | $11.60 | $12.78 | |
| Common Stock, Dividends, Per Share, Declared | $0.61 | $0.47 | $1.76 | $3.97 | $3.38 | $5.34 | $3.90 | $11.94 | $5.00 | $5.00 | — | |
| Basic (shares) | $120.8m | $134.7m | $404.3m | $401.8m | $403.1m | $391.7m | $368.6m | $368.7m | $372.5m | $368.4m | $356.2m | |
| Diluted (shares) | $124.7m | $139.3m | $412.9m | $411.6m | $410.3m | $400.3m | $377.6m | $378.8m | $381.8m | $375.9m | $362.6m | |
| Weighted Average Number of Shares Outstanding, Basic | 362.4m | 404.1m | 404.3m | 401.8m | 403.1m | 391.7m | 368.6m | 368.7m | 372.5m | 368.4m | 356.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 374.2m | 417.8m | 412.9m | 411.6m | 410.3m | 400.3m | 377.6m | 378.8m | 381.8m | 375.9m | 362.6m | |
| Expenses | ||||||||||||
| Acquisition expenses | $678.0m | $775.5m | $805.1m | $840.9m | $1.0b | $1.3b | $1.7b | $2.3b | $2.7b | $3.2b | — | |
| Business Combination, Acquisition Related Costs | $41.7m | $22.1m | $20.4m | $14.4m | $13.5m | $2.0m | $1.1m | $6.0m | $81.0m | $75.0m | — | |
| Corporate expenses | $81.7m | $83.8m | $79.0m | $80.1m | $82.0m | $79.2m | $95.5m | $102.0m | $200.0m | $132.0m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $678.0m | $775.5m | $805.1m | $840.9m | $1.0b | $1.3b | $1.7b | $2.3b | $2.7b | $3.2b | — | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | — | — | $2.0m | — | — | — | |
| Income (loss) from operating affiliates | — | — | — | $2.2m | $16.8m | $264.7m | $73.9m | $184.0m | $200.0m | $180.0m | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $2.2b | $3.0b | $2.9b | $3.1b | $4.7b | $4.6b | $5.0b | $6.2b | $8.3b | $9.4b | — | |
| Losses and loss adjustment expenses | $2.2b | $3.0b | $2.9b | $3.1b | $4.7b | $4.6b | $5.0b | $6.2b | $8.3b | $9.4b | — | |
| Net (income) loss attributable to noncontrolling interests | ($131.4m) | ($10.4m) | $30.1m | ($57.0m) | ($60.2m) | ($82.6m) | ($5.5m) | $1.0m | $0 | $0 | $4.7b | |
| Net foreign exchange losses (gains) | ($36.7m) | $115.8m | ($69.4m) | $20.6m | $83.6m | ($41.5m) | ($100.9m) | $60.0m | ($75.0m) | $128.0m | — | |
| Net premiums earned | $3.9b | $4.8b | $5.2b | $5.8b | $7.0b | $8.1b | $9.7b | $12.4b | $15.1b | $17.1b | — | |
| Net realized gains (losses) | $137.6m | $149.1m | ($405.3m) | $366.4m | $823.5m | $379.8m | ($662.7m) | ($165.0m) | $197.0m | $464.0m | — | |
| Other Cost and Expense, Operating | $633.0m | $684.5m | $677.8m | $801.0m | $875.2m | $998.6m | $1.1b | $1.3b | $1.5b | $1.8b | — | |
| Other underwriting income | $57.2m | $30.3m | $15.1m | $24.9m | $26.8m | $22.1m | $13.2m | $31.0m | $26.0m | $217.0m | — | |
| Preferred dividends | ($28) | ($46) | ($42) | ($42) | ($42) | ($48) | ($41) | ($40) | ($40) | ($40) | — | |
| Benefits, Losses and Expenses | $3.6b | $4.9b | $4.6b | $5.1b | $6.9b | $7.1b | $8.1b | $10.2b | $13.0b | $14.9b | — | |
| Policyholder Benefits and Claims Incurred, Net | $2.2b | $3.0b | $2.9b | $3.1b | $4.7b | $4.6b | $5.0b | $6.2b | $8.3b | $9.4b | — | |
| Premiums Earned, Net | $3.9b | $4.8b | $5.2b | $5.8b | $7.0b | $8.1b | $9.7b | $12.4b | $15.1b | $17.1b | — | |
| Total expenses | $3.6b | $4.9b | $4.6b | $5.1b | $6.9b | $7.1b | $8.1b | $10.2b | $13.0b | $14.9b | $13.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.