Arch Capital Group vs W. R. Berkley
Add, change or remove companies; up to four.
The short version
- Arch Capital Group is the larger business, with $19.9B of revenue in fiscal 2025 against $14.7B for W. R. Berkley.
- Arch Capital Group grew revenue faster (14.3%, against 7.8%).
- Investors pay more for each dollar of W. R. Berkleyβs earnings: a P/E of 15.1x against 8.0x for Arch Capital Group.
| Latest fiscal year | ACGL Β· FY25 | WRB Β· FY25 |
|---|---|---|
| Size | ||
| Market cap | $35.5B | $28.7B |
| Revenue | $19.9B | $14.7B |
| Free cash flow | $6.1B | β |
| Net income | $4.4B | $1.8B |
| Growth | ||
| Revenue growth | 14.3% | 7.8% |
| 5-year growth | 18.6% | 12.7% |
| Share count change | β1.6% | β0.8% |
| Profitability | ||
| Gross margin | β | β |
| Operating margin | β | β |
| Net margin | 22.1% | 12.1% |
| FCF margin | 30.8% | β |
| Return on capital | β | β |
| Return on equity | 19.5% | 19.7% |
| Balance sheet | ||
| Net debt | β | β |
| Net debt / EBITDA | β | β |
| Dividends and buybacks | $1.9B | $971M |
| Valuation & quality | ||
| P/E | 8.0x | 15.1x |
| Piotroski F-score | β | β |
Revenue
FY16
ACGL $4.5B
WRB $7.7B
FY17
ACGL $5.6B
WRB $7.7B
FY18
ACGL $5.5B
WRB $7.7B
FY19
ACGL $6.9B
WRB $7.9B
FY20
ACGL $8.5B
WRB $8.1B
FY21
ACGL $9.2B
WRB $9.5B
FY22
ACGL $9.6B
WRB $11.2B
FY23
ACGL $13.6B
WRB $12.1B
FY24
ACGL $17.4B
WRB $13.6B
FY25
ACGL $19.9B
WRB $14.7B
ACGL
WRB
Operating margin
FY16
ACGL β
WRB β
FY17
ACGL β
WRB β
FY18
ACGL β
WRB β
FY19
ACGL β
WRB β
FY20
ACGL β
WRB β
FY21
ACGL β
WRB β
FY22
ACGL β
WRB β
FY23
ACGL β
WRB β
FY24
ACGL β
WRB β
FY25
ACGL β
WRB β
ACGL
WRB
Free cash flow
FY16
ACGL $1.4B
WRB $798M
FY17
ACGL $1.1B
WRB $595M
FY18
ACGL $1.5B
WRB $570M
FY19
ACGL $2.0B
WRB $1.1B
FY20
ACGL $2.8B
WRB β
FY21
ACGL $3.4B
WRB β
FY22
ACGL $3.8B
WRB β
FY23
ACGL $5.7B
WRB β
FY24
ACGL $6.6B
WRB β
FY25
ACGL $6.1B
WRB β
ACGL
WRB
Return on capital
FY16
ACGL β
WRB β
FY17
ACGL β
WRB β
FY18
ACGL β
WRB β
FY19
ACGL β
WRB β
FY20
ACGL β
WRB β
FY21
ACGL β
WRB β
FY22
ACGL β
WRB β
FY23
ACGL β
WRB β
FY24
ACGL β
WRB β
FY25
ACGL β
WRB β
ACGL
WRB
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.