Arch Capital vs W. R. Berkley
Arch Capital is the larger business, with $19.93bn of revenue in fiscal 2025 against $14.71bn for W. R. Berkley (1.4 times as much). Arch Capital grew faster (14.3% against 7.8%). Arch Capital kept more of each dollar of sales as profit: a net margin of 22.1% against 12.1%. Arch Capital carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Arch CapitalACGL, 2025 | W. R. BerkleyWRB, 2025 |
|---|---|---|
| Revenue | $19.93bn | $14.71bn |
| Revenue growth | 14.3% | 7.8% |
| Net income | $4.40bn | $1.78bn |
| Operating margin | — | — |
| Net margin | 22.1% | 12.1% |
| Return on equity | 19.5% | 19.7% |
| Free cash flow | $6.13bn | $3.58bn |
| Cash | $993m | $2.54bn |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | $1.85 |
| Dividend yield | — | 2.5% |
| Share buybacks | $1.89bn | $270m |
| Employees | 8,000 | — |
| Market value | $38.67bn | $27.89bn |
| Price vs our value range | — | — |
| Moat score | 84 (Strong) | 75 (Strong) |
| Insider trades, 12 months | 1 buys, 11 sales | 94 buys, 0 sales |