Arch Capital Group Ltd. (ACGL)
Arch Capital Group provides insurance, reinsurance, and mortgage insurance on a global basis.
Financials stock comparison
ACGL vs ALL: which business are you actually underwriting?
Compare Arch Capital Group Ltd. with The Allstate Corporation using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
- Sector
- Financials
- Industry
- Same SIC
- Shared themes
- 1
- Updated
- 2026-02-26
ACGL vs ALL: quick comparison
| Company fact | ACGL | ALL |
|---|---|---|
| Company | Arch Capital Group Ltd. | The Allstate Corporation |
| Exchange | NASDAQ | NYSE |
| SEC industry | Fire, Marine & Casualty Insurance | Fire, Marine & Casualty Insurance |
| Fiscal year-end | December 31 | December 31 |
| Latest annual filing | 10-K · 2026-02-26 | 10-K · 2026-02-20 |
ACGL vs ALL: audited financials
ALL reported about 3.4× the revenue of ACGL in the latest audited fiscal year. On profitability, ACGL converted a larger share of revenue into net income (22.1% versus 15.0%). Scale and margin are starting facts for the thesis, not the verdict.
| Metric | ACGL | ALL |
|---|---|---|
| Revenue | $19.9B | $67.7B |
| Net income | $4.4B | $10.2B |
| Operating cash flow | $6.2B | $10.1B |
| Diluted EPS | $11.60 | $38.06 |
| Net margin | 22.1% | 15.0% |
ACGL: FY ending 2025-12-31 · ALL: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
How the businesses differ
Why this pair belongs in the comparison set
ACGL and ALL share the SEC industry classification “Fire, Marine & Casualty Insurance,” giving the comparison a primary-source operating relationship. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.
The Allstate Corporation (ALL)
Allstate provides auto, home, and other personal insurance to US consumers.
The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. ACGL is classified by the SEC as Fire, Marine & Casualty Insurance, while ALL is classified as Fire, Marine & Casualty Insurance. The matching industry code strengthens the peer comparison, although product mix can still differ materially.
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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchWhich thesis does each company fit?
Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.
Study ACGL when…
- The shape of the yield curve and net interest margins
- Credit quality and loan-loss provisions
- Regulation and capital requirements
- Deal activity and market volatility
Study ALL when…
- The shape of the yield curve and net interest margins
- Credit quality and loan-loss provisions
- Regulation and capital requirements
- Deal activity and market volatility
Shared research themes
Rates & central banks
SEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.ACGL's fiscal year ends December 31, while ALL's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 4matched transaction rows for ACGLand 3 for ALL. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
ACGL primary filings
ALL primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving ACGL or ALL
ACGL vs ALL FAQs
Are ACGL and ALL direct competitors?
Arch Capital Group Ltd. and The Allstate Corporation share the SEC industry classification “Fire, Marine & Casualty Insurance.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Which is better, ACGL or ALL?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this ACGL vs ALL comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Arch Capital Group Ltd. and The Allstate Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.
A comparison is the setup. The thesis is the call.
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