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Arch Capital vs American International: revenue, profit, margins and growth compared

Arch Capital brought in $19.9B of revenue in fiscal 2025, American International $26.8B in fiscal 2025. Revenue changed by +14.3% at Arch Capital and -1.7% at American International on the year before, so Arch Capital grew faster. Arch Capital kept 22.1% of its revenue as net profit, American International 11.6%.

Side by side, latest fiscal year

ACGLAIG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$19.9B$26.8B
Revenue growth+14.3%-1.7%
Net income$4.4B$3.1B
Net margin22.1%11.6%
Free cash flow$6.1Bn/a
Free cash flow margin30.7%n/a
Earnings per share (diluted)$11.60$5.43
Cash$993M$1.3B
Debtn/a$9.2B
Price to earnings8.213.7
Market value$32.3B$38.8B
Dividend yield5.28%2.36%
Rank by revenue in sector#30 of 444 · Finance#21 of 444 · Finance

Over the years

Revenue
ACGL FY2018: $5.5BACGL FY2019: $6.9BACGL FY2020: $8.5BACGL FY2020: $9.2BACGL FY2022: $9.6BACGL FY2023: $13.6BACGL FY2024: $17.4BACGL FY2025: $19.9BAIG FY2018: $47.4BAIG FY2019: $49.7BAIG FY2020: $43.7BAIG FY2021: $52.2BAIG FY2022: $30BAIG FY2023: $27.9BAIG FY2024: $27.3BAIG FY2025: $26.8BFY18FY19FY20FY21FY22FY23FY24FY25
ACGL $19.9BAIG $26.8B
Net income
ACGL FY2018: $758MACGL FY2019: $1.6BACGL FY2020: $1.4BACGL FY2020: $2.2BACGL FY2022: $1.5BACGL FY2023: $4.4BACGL FY2024: $4.3BACGL FY2025: $4.4BAIG FY2018: -$6MAIG FY2019: $3.3BAIG FY2020: -$5.9BAIG FY2021: $10.4BAIG FY2022: $10.2BAIG FY2023: $3.6BAIG FY2024: -$1.4BAIG FY2025: $3.1BFY18FY19FY20FY21FY22FY23FY24FY25
ACGL $4.4BAIG $3.1B
Net margin
ACGL FY2018: 13.9%ACGL FY2019: 23.6%ACGL FY2020: 16.5%ACGL FY2020: 23.3%ACGL FY2022: 15.4%ACGL FY2023: 32.6%ACGL FY2024: 24.7%ACGL FY2025: 22.1%AIG FY2018: -0.0%AIG FY2019: 6.7%AIG FY2020: -13.6%AIG FY2021: 19.9%AIG FY2022: 34.1%AIG FY2023: 13.0%AIG FY2024: -5.2%AIG FY2025: 11.6%FY18FY19FY20FY21FY22FY23FY24FY25
ACGL 22.1%AIG 11.6%
Revenue growth
ACGL FY2019: +27.1%ACGL FY2020: +22.8%ACGL FY2020: +8.7%ACGL FY2022: +3.9%ACGL FY2023: +41.8%ACGL FY2024: +27.9%ACGL FY2025: +14.3%AIG FY2019: +5.0%AIG FY2020: -12.1%AIG FY2021: +19.3%AIG FY2022: -42.5%AIG FY2023: -6.9%AIG FY2024: -2.5%AIG FY2025: -1.7%FY19FY20FY21FY22FY23FY24FY25
ACGL +14.3%AIG -1.7%
Free cash flow
ACGL FY2018: $1.5BACGL FY2019: $2BACGL FY2020: $2.8BACGL FY2020: $3.4BACGL FY2022: $3.8BACGL FY2023: $5.7BACGL FY2024: $6.6BACGL FY2025: $6.1BAIG FY2018: -$762MAIG FY2019: -$2.1BAIG FY2020: $685MAIG FY2021: $5.9BAIG FY2022: $3.9BAIG FY2023: $6BFY18FY19FY20FY21FY22FY23FY24FY25
ACGL $6.1BAIG $6B

Fiscal years as each company reports them; the two may end in different months.

Questions about Arch Capital and American International

Which is bigger by revenue, Arch Capital or American International?

American International is bigger by revenue: $26.8B in fiscal 2025, against $19.9B for Arch Capital in fiscal 2025.

Which keeps more of its revenue as profit, Arch Capital or American International?

Arch Capital had a net margin of 22.1% in fiscal 2025; American International had 11.6% in fiscal 2025.

Which grew revenue faster, Arch Capital or American International?

In their latest fiscal years revenue changed by +14.3% at Arch Capital and -1.7% at American International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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