Arch Capital Group Ltd. (ACGL)

Arch Capital Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	13,634	9,613	9,248	8,509	6,926
Revenue Growth (YoY)	41.83%	3.95%	8.69%	22.85%	27.07%
Cost of Revenue	6,246	5,028	4,585	4,690	3,133
Gross Profit	7,388	4,585	4,663	3,819	3,793
Selling, General & Admin	3,715	2,963	2,380	1,962	1,722
Other Operating Expenses	95	106	82	69.03	82.1
Operating Expenses	3,810	3,069	2,462	2,031	1,804
Operating Income	3,578	1,516	2,201	1,788	1,988
Interest Expense / Income	133	131	139	143.46	120.87
Other Expense / Income	-125	-171	-223	127.06	75.36
Pretax Income	3,570	1,556	2,285	1,517	1,792
Income Tax	-873	80	128	111.84	155.81
Net Income	4,443	1,476	2,157	1,406	1,636
Preferred Dividends	40	40	63	41.61	41.61
Net Income Common	4,403	1,436	2,094	1,364	1,595
Net Income Growth	206.62%	-31.42%	53.53%	-14.47%	123.47%
Shares Outstanding (Basic)	369	369	392	403	402
Shares Outstanding (Diluted)	379	378	400	410	412
Shares Change	0.32%	-5.67%	-2.43%	-0.33%	-0.31%
EPS (Basic)	11.94	3.90	5.35	3.38	3.97
EPS (Diluted)	11.62	3.80	5.23	3.32	3.87
EPS Growth	205.79%	-27.34%	57.53%	-14.21%	123.70%
Free Cash Flow	5,697	3,766	3,384	2,847	2,011
Free Cash Flow Per Share	15.45	10.22	8.64	7.06	5.00
Gross Margin	54.19%	47.70%	50.42%	44.88%	54.76%
Operating Margin	26.24%	15.77%	23.80%	21.01%	28.71%
Profit Margin	32.29%	14.94%	22.64%	16.03%	23.03%
Free Cash Flow Margin	41.79%	39.18%	36.59%	33.46%	29.03%
Effective Tax Rate	-24.45%	5.14%	5.60%	7.37%	8.69%
EBITDA	3,798	1,793	2,506	1,730	1,995
EBITDA Margin	27.86%	18.65%	27.10%	20.33%	28.81%
Depreciation & Amortization	95	106	82	69.03	82.1
EBIT	3,703	1,687	2,424	1,661	1,913
EBIT Margin	27.16%	17.55%	26.21%	19.52%	27.62%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).