ACGL Q2 2023 Earnings — Arch Capital Group Ltd. Revenue & Financial Results | Market Cap Arena

ACGLArch Capital Group Ltd.

$35B

Q2 2023 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$3.1B+36.5% YoY

Gross Profit

$1.0B33.7% margin

Operating Income

$645M20.8% margin

Net Income

$671M21.7% margin

EPS (Diluted)

$1.75

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$53.9B

Total Liabilities

$39.2B

Stockholders' Equity

$14.6B

Cash & Equivalents

$904M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$2.3B	+36.5%
Gross Profit	$1.0B	$752M	+38.8%
Operating Income	$645M	$363M	+77.7%
Net Income	$671M	$404M	+66.1%