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Arch Capital vs CNA Financial

Arch Capital is the larger business, with $19.93bn of revenue in fiscal 2025 against $14.99bn for CNA Financial (1.3 times as much). Arch Capital grew faster (14.3% against 5.0%). Arch Capital kept more of each dollar of sales as profit: a net margin of 22.1% against 8.5%.

Latest fiscal yearArch CapitalACGL, 2025CNA FinancialCNA, 2025
Revenue $19.93bn $14.99bn
Revenue growth 14.3% 5.0%
Net income $4.40bn $1.28bn
Operating margin — —
Net margin 22.1% 8.5%
Return on equity 19.5% 11.5%
Free cash flow $6.13bn $2.40bn
Cash $993m $425m
Total debt $0 $2.97bn
Debt to equity 0.0% —
Dividend per share — $3.84
Dividend yield — 8.2%
Share buybacks $1.89bn $34.0m
Employees 8,000 6,600
Market value $38.67bn $12.79bn
Price vs our value range — —
Moat score 84 (Strong) 66 (Moderate)
Insider trades, 12 months 1 buys, 11 sales 0 buys, 6 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.