Arch Capital Group Ltd. (ACGL) financial statements (2022 and earlier)

Company profile

Business Address WATERLOO HOUSE, GROUND FLOOR
PEMBROKE, HM 08
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,3984,2762,5221,9412,0751,4551,141
Cash and cash equivalents859906726647606843553
Short-term investments3,5393,3701,7951,2951,469612588
Receivables   2110581
Total current assets:4,3984,2762,5221,9632,1801,4631,142
Noncurrent Assets
Long-term investments and receivables3,0782,0481,6601,4941,041811593
Long-term investments3,0782,0481,6601,4941,041811593
Intangible assets, net (including goodwill), including:94569373863565378298
Goodwill34531532725019820416
Intangible assets, net (excluding goodwill)60037841238545457882
Other undisclosed intangible assets, net (including goodwill)  0    
Total noncurrent assets:4,0232,7412,3982,1291,6941,593691
Other undisclosed assets36,68136,26532,96528,12728,17826,31621,345
TOTAL ASSETS:45,10143,28237,88532,21832,05229,37223,177
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities15914    
Taxes payable15914    
Total current liabilities:15914    
Noncurrent Liabilities
Long-term debt and lease obligation2,7242,8611,8721,7341,7331,732791
Long-term debt, excluding current maturities2,7242,8611,8721,7341,7331,732791
Total noncurrent liabilities:2,7242,8611,8721,7341,7331,732791
Other undisclosed liabilities28,80726,42523,68520,04720,07318,32915,237
Total liabilities:31,54629,29525,57021,78121,80620,06116,028
Temporary equity, carrying amount     206205
Stockholders' equity
Stockholders' equity attributable to parent, including:13,54613,10611,4979,4409,1978,2546,205
Preferred stock830 780780873773325
Common stock1 11111
Treasury stock, value(3,761)(2,500)(2,406)(2,382)(2,078)(2,035)(1,942)
Additional paid in capital2,085 1,8901,7941,231532467
Accumulated other comprehensive income (loss)(65)489212(179)118(115)(17)
Retained earnings14,456 11,0219,4268,5637,9977,370
Other undisclosed stockholders' equity attributable to parent 15,117  4901,101 
Stockholders' equity attributable to noncontrolling interest 823763792843852739
Total stockholders' equity:13,54613,92912,26010,23110,0409,1066,944
Other undisclosed liabilities and equity95955206206  
TOTAL LIABILITIES AND EQUITY:45,10143,28237,88532,21832,05229,37223,177

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues9,2508,5256,9285,4515,6274,4643,937
Premiums earned, net8,0826,9925,7865,232
Financial services revenue4,8753,9423,769
Cost of revenue(5,888)(5,694)(3,974)(3,695)(3,743)(2,864)(2,732)
Policyholder benefits and claims incurred, net(4,585)(4,690)(3,133)(2,890)
Deferred policy acquisition costs, amortization expense(1,303)(1,005)(841)(805)(775)(678)(681)
Financial services costs(2,967)(2,186)(2,051)
Gross profit:3,3622,8312,9541,7551,8841,6001,204
Operating expenses(1,163)(1,040)(978)(883)(916)(757)(657)
Other operating expense, net
(Other Expenses)
(999)(875)(801)(678)(684)(624)(608)
Operating income (loss):1,2019161,175195284220(61)
Nonoperating income (expense)
(Foreign Currency Transaction Gain (Loss), before Tax)
42(84)(21)69(116)3766
Interest and debt expense(139)(143)(121)(120)(117)(66)(46)
Income (loss) from continuing operations before equity method investments, income taxes:1,1036891,03414451190(40)
Other undisclosed income from continuing operations before income taxes1,265889815698707665608
Income from continuing operations before income taxes:2,3681,5781,849842757856567
Income tax expense(129)(112)(156)(114)(128)(31)(41)
Income before gain (loss) on sale of properties:2,2391,4661,693728630824527
Other undisclosed net income0      
Net income:2,2391,4661,693728630824527
Net income (loss) attributable to noncontrolling interest(83)(60)(57)30(10)(131)11
Net income attributable to parent:2,1571,4061,636758619693538
Preferred stock dividends and other adjustments(63)(42)(42)(44)(53)(28) 
Other undisclosed net loss available to common stockholders, basic      (22)
Net income available to common stockholders, diluted:2,0931,3641,595714567665516

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:2,2391,4661,693728630824527
Other comprehensive income (loss)(567)286400(150)232(98)(146)
Comprehensive income:1,6721,7522,093578862726381
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(69)(69)(66)33(10)(131)11
Comprehensive income, net of tax, attributable to parent:1,6031,6822,027611852595392

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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