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Arch Capital vs Hartford Insurance: revenue, profit, margins and growth compared

Arch Capital brought in $19.9B of revenue in fiscal 2025, Hartford Insurance $28.4B in fiscal 2025. Revenue changed by +14.3% at Arch Capital and +6.9% at Hartford Insurance on the year before, so Arch Capital grew faster. Arch Capital kept 22.1% of its revenue as net profit, Hartford Insurance 13.5%. Free cash flow was $6.1B at Arch Capital and $5.8B at Hartford Insurance.

Side by side, latest fiscal year

ACGLHIG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$19.9B$28.4B
Revenue growth+14.3%+6.9%
Net income$4.4B$3.8B
Net margin22.1%13.5%
Free cash flow$6.1B$5.8B
Free cash flow margin30.7%20.3%
Earnings per share (diluted)$11.60$13.32
Cash$993M$166M
Debtn/a$4.4B
Price to earnings8.29.3
Market value$32.3B$33.7B
Dividend yield5.28%1.74%
Rank by revenue in sector#30 of 444 · Finance#19 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: $19.9BHIG FY2018: $19BHIG FY2019: $20.7BHIG FY2020: $20.5BHIG FY2021: $22.4BHIG FY2022: $22.4BHIG FY2023: $24.5BHIG FY2024: $26.5BHIG FY2025: $28.4BFY18FY19FY20FY21FY22FY23FY24FY25
ACGL $19.9BHIG $28.4B
Net income
ACGL FY2018: $758MACGL FY2019: $1.6BACGL FY2020: $1.4BACGL FY2020: $2.2BACGL FY2022: $1.5BACGL FY2023: $4.4BACGL FY2024: $4.3BACGL FY2025: $4.4BHIG FY2018: $1.8BHIG FY2019: $2.1BHIG FY2020: $1.7BHIG FY2021: $2.4BHIG FY2022: $1.8BHIG FY2023: $2.5BHIG FY2024: $3.1BHIG FY2025: $3.8BFY18FY19FY20FY21FY22FY23FY24FY25
ACGL $4.4BHIG $3.8B
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%HIG FY2018: 9.5%HIG FY2019: 10.1%HIG FY2020: 8.5%HIG FY2021: 10.6%HIG FY2022: 8.1%HIG FY2023: 10.2%HIG FY2024: 11.7%HIG FY2025: 13.5%FY18FY19FY20FY21FY22FY23FY24FY25
ACGL 22.1%HIG 13.5%
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%HIG FY2019: +9.4%HIG FY2020: -1.0%HIG FY2021: +9.1%HIG FY2022: -0.1%HIG FY2023: +9.7%HIG FY2024: +8.2%HIG FY2025: +6.9%FY19FY20FY21FY22FY23FY24FY25
ACGL +14.3%HIG +6.9%
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: $6.1BHIG FY2018: $2.7BHIG FY2019: $3.4BHIG FY2020: $3.8BHIG FY2021: $4BHIG FY2022: $3.8BHIG FY2023: $4BHIG FY2024: $5.8BHIG FY2025: $5.8BFY18FY19FY20FY21FY22FY23FY24FY25
ACGL $6.1BHIG $5.8B

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

Questions about Arch Capital and Hartford Insurance

Which is bigger by revenue, Arch Capital or Hartford Insurance?

Hartford Insurance is bigger by revenue: $28.4B in fiscal 2025, against $19.9B for Arch Capital in fiscal 2025.

Which keeps more of its revenue as profit, Arch Capital or Hartford Insurance?

Arch Capital had a net margin of 22.1% in fiscal 2025; Hartford Insurance had 13.5% in fiscal 2025.

Which grew revenue faster, Arch Capital or Hartford Insurance?

In their latest fiscal years revenue changed by +14.3% at Arch Capital and +6.9% at Hartford Insurance.

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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