Arch Capital Group Ltd. (ACGL)
Arch Capital Group provides insurance, reinsurance, and mortgage insurance on a global basis.
Financials stock comparison
ACGL vs SCHW: how the two businesses compare
- Bigger business: SCHW, with $23.9B of yearly revenue, about 1.2× ACGL's $19.9B.
- More cash from each sale: SCHW turns 39 cents of each sales dollar into operating cash flow, against 31 cents at ACGL.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Charles Schwab (SCHW) is the larger business by reported revenue: $23.9B in its fiscal year ended Dec 2025, about 1.2× ACGL's $19.9B (fiscal year ended Dec 2025). The SEC classifies them differently (Fire, Marine & Casualty Insurance; Security Brokers, Dealers & Flotation Companies); what connects them is shared exposure to the Rates & central banks research theme, not a common industry.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Sector
- Financials
- SEC industry
- Different
- Separate classifications
- Fiscal year ends
- December 31
- Same calendar
- Reviewed
- Feb 26, 2026
ACGL vs SCHW: quick comparison
| Company fact | ACGL | SCHW |
|---|---|---|
| Company | Arch Capital Group Ltd. | The Charles Schwab Corporation |
| Exchange | NASDAQ | NYSE |
| Headquarters | — | Westlake, Texas |
| Founded | — | 1971 |
| SEC industry | Fire, Marine & Casualty Insurance | Security Brokers, Dealers & Flotation Companies |
| Fiscal year-end | December 31 | December 31 |
| Latest annual filing | 10-K · 2026-02-26 | 10-K · 2026-02-25 |
ACGL vs SCHW: audited financials
- Scale: SCHW's $23.9B of revenue is about 1.2× ACGL's $19.9B.
- Cash flow: operating cash flow is left out of this reading because lending, deposit, and trading balances run through it at banks, brokers, and insurers, so it does not measure earnings quality the way it does for an operating company.
- Periods: both fiscal years end on 2025-12-31, so these annual figures cover the same months.
| Metric | ACGL | SCHW |
|---|---|---|
| Revenue | $19.9B2025-01-01 to 2025-12-31 · SEC filing | $23.9B2025-01-01 to 2025-12-31 · SEC filing |
| Net income | $4.4B2025-01-01 to 2025-12-31 · SEC filing | — |
| Operating cash flow | $6.2B2025-01-01 to 2025-12-31 · SEC filing | $9.3B2025-01-01 to 2025-12-31 · SEC filing |
| Diluted EPS | $11.602025-01-01 to 2025-12-31 · SEC filing | $4.652025-01-01 to 2025-12-31 · SEC filing |
| Net margin | 22.1%2025-01-01 to 2025-12-31 · SEC filing | — |
ACGL: FY ending 2025-12-31 · SCHW: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where ACGL and SCHW overlap, and where they don't
Overlap
- Shared research theme: Rates & central banks.
- Same fiscal calendar: both fiscal years end December 31.
Differences
- Different SEC industries: ACGL files as Fire, Marine & Casualty Insurance; SCHW as Security Brokers, Dealers & Flotation Companies.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
The Charles Schwab Corporation (SCHW)
Charles Schwab is a leading brokerage and wealth-management firm serving individual investors and advisors. Its earnings blend trading and advisory fees with interest income earned on client cash.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves ACGL
We have not yet published a company-specific driver list for ACGL. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-26.
What moves SCHW
We have not yet published a company-specific driver list for SCHW. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-25.
The investment question
You now know SCHW reports about 1.2× ACGL's revenue. Those are the facts. The investment question is what each share price already assumes about their exposure to rates & central banks, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. Both fiscal years end December 31, so annual reports line up, but check segment definitions before comparing growth or margins.
The current verified House and Senate snapshot contains 4 matched transaction rows for ACGL and 19 matched transaction rows for SCHW. 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
SCHW 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 SCHW
ACGL vs SCHW FAQs
Are ACGL and SCHW direct competitors?
Not necessarily. Arch Capital files as Fire, Marine & Casualty Insurance and Charles Schwab as Security Brokers, Dealers & Flotation Companies. The pair is compared because both map to the Rates & central banks research theme, not because the filings show head-to-head competition.
Is ACGL or SCHW the bigger company by revenue?
Charles Schwab (SCHW) is the larger business by reported revenue: $23.9B in its fiscal year ended Dec 2025, about 1.2× ACGL's $19.9B (fiscal year ended Dec 2025). The SEC classifies them differently (Fire, Marine & Casualty Insurance; Security Brokers, Dealers & Flotation Companies); what connects them is shared exposure to the Rates & central banks research theme, not a common industry. Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, ACGL or SCHW?
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 SCHW 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 Charles Schwab 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 2026-10-03. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-10-03. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
ACGL vs SCHW compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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