Arch 资本 ACGL
$107.28 −$3.29 (-2.98%)
休市 · Nov 6, 8:10 pm ET · 最新盘后价 $106.00 -1.19%
开盘$108.41
昨收$110.57
当日区间$106.61 – $108.71
成交量2.37M
市值$34.92B
市盈率（TTM）8.8
股息率–
基本面
最新报告季度：Q2, ended Jun 2026
营收$4.49B-9.7% YoY
净利润$1.06B-14.6% YoY
摊薄每股收益$3.00-7.1% YoY
自由现金流$1.31B+17.6% YoY
经营现金流$1.32B
营收，近8个季度
净利润，近8个季度
各季度摊薄每股收益
各季度自由现金流
年度营收
盈利能力与资产负债表
净利率25.0%
净资产收益率20.5%
资产收益率5.7%
负债/资产比率71.8%
总负债$4.29B
自由现金流/营收32.6%
营收构成
2007/FY 季度
按业务线
利润表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 报告营业总收入 | $4.67B | $4.52B | $19.93B | $4.93B | $5.11B |
| 营业总收入 | $4.49B | $4.37B | $19.30B | $4.76B | $4.97B |
| 已赚保费合计 | $3.99B | $3.99B | $17.07B | $4.26B | $4.29B |
| -净承保保费 | $4.05B | $4.35B | $16.48B | $3.65B | $3.96B |
| -未到期保费净准备增减 | -$64.00M | -$362.00M | $589.00M | $606.00M | $321.00M |
| 手续费收入及其他收入 | $87.00M | $54.00M | $271.00M | $68.00M | $72.00M |
| -其他收入/费用 | $87.00M | $54.00M | $271.00M | $68.00M | $72.00M |
| 净投资收益 | $564.00M | $262.00M | $2.15B | $520.00M | $547.00M |
| 投资已实现损益净额 | -$166.00M | $40.00M | -$60.00M | -$44.00M | $66.00M |
| 汇兑损益净额 | $10.00M | $21.00M | -$128.00M | -$6.00M | -$7.00M |
| 利息收入 | $9.00M | $8.00M | – | – | $10.00M |
| 总费用 | $3.31B | $3.26B | $14.32B | $3.38B | $3.47B |
| 理赔费用 | $2.20B | $2.09B | $9.37B | $2.28B | $2.20B |
| 保单获取费用 | $718.00M | $730.00M | $3.15B | $779.00M | $786.00M |
| 折旧与摊销 | $30.00M | $30.00M | $193.00M | $47.00M | $49.00M |
| -摊销 | $30.00M | $30.00M | $193.00M | $47.00M | $49.00M |
| 非经营性利息净收入（支出） | -$44.00M | -$37.00M | -$148.00M | -$38.00M | -$37.00M |
| -非经营性利息支出 | $44.00M | $37.00M | $148.00M | $38.00M | $37.00M |
| 联营企业及其他参股权益收益 | $196.00M | $160.00M | $504.00M | $155.00M | $134.00M |
| 其他营业费用 | $522.00M | $536.00M | $1.96B | $386.00M | $532.00M |
| 税前利润 | $1.18B | $1.11B | $4.98B | $1.39B | $1.50B |
| 税费 | $164.00M | $98.00M | $760.00M | $210.00M | $215.00M |
| 权益法投资税后收益 | $46.00M | $36.00M | $180.00M | $61.00M | $62.00M |
| 净利润 | $1.06B | $1.05B | $4.40B | $1.24B | $1.35B |
| 持续经营利润 | $1.06B | $1.05B | $4.40B | $1.24B | $1.35B |
| 归属母公司净利润 | $1.06B | $1.05B | $4.40B | $1.24B | $1.35B |
| 优先股股息 | $10.00M | $10.00M | $40.00M | $10.00M | $10.00M |
| 归属普通股股东净利润 | $1.05B | $1.04B | $4.36B | $1.23B | $1.34B |
| 基本每股收益 | $3.05 | $2.94 | $11.83 | $3.42 | $3.63 |
| 摊薄每股收益 | $3.00 | $2.88 | $11.60 | $3.35 | $3.56 |
| 少数股东权益 | – | – | $0.00 | – | – |
资产负债表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 总资产 | $85.18B | $81.45B | $79.24B | $79.24B | $79.19B |
| 现金及现金等价物 | $1.11B | $914.00M | $993.00M | $993.00M | $1.06B |
| 投资合计 | $50.85B | $48.76B | $48.00B | $48.00B | $47.44B |
| -短期投资 | $11.92B | $11.26B | $10.55B | $10.55B | $10.10B |
| -固定期限投资 | $1.18B | $1.13B | $1.11B | $1.11B | $1.05B |
| -股权投资 | $26.88B | $25.62B | $26.43B | $26.43B | $26.03B |
| -约定卖出证券 | $564.00M | $643.00M | $180.00M | $180.00M | $695.00M |
| -长期股权投资 | $8.18B | $7.98B | $7.77B | $7.77B | $7.65B |
| -其他投资资产 | $2.14B | $2.13B | $1.96B | $1.96B | $1.91B |
| 应收款 | $19.39B | $18.51B | $17.52B | $17.52B | $17.81B |
| -应收账款 | $19.39B | $18.51B | $17.52B | $17.52B | $17.81B |
| 应计投资收益 | $325.00M | $302.00M | $338.00M | $338.00M | $307.00M |
| 商誉及其他无形资产 | $1.16B | $1.19B | $1.22B | $1.22B | $1.27B |
| 预付资产 | $3.67B | $3.18B | $2.66B | $2.66B | $3.08B |
| 递延保单获取成本 | $1.79B | $1.77B | $1.72B | $1.72B | $1.79B |
| 其他资产 | $6.88B | $6.81B | $6.80B | $6.80B | $6.44B |
| 负债合计 | $61.15B | $57.26B | $55.04B | $55.04B | $55.47B |
| 保单持有人负债 | $46.51B | $45.30B | $43.88B | $43.88B | $44.19B |
| 应付款 | $5.50B | $5.00B | $4.60B | $4.60B | $4.93B |
| -应付账款 | $5.50B | $5.00B | $4.60B | $4.60B | $4.93B |
| 长期债务及融资租赁负债 | $4.29B | $2.73B | $2.73B | $2.73B | $2.73B |
| -长期债务 | $4.29B | $2.73B | $2.73B | $2.73B | $2.73B |
| 未回购预售证券 | $1.14B | $798.00M | $308.00M | $308.00M | $335.00M |
| 其他负债 | $3.72B | $3.43B | $3.52B | $3.52B | $3.29B |
| 股东权益合计 | $24.03B | $24.19B | $24.21B | $24.21B | $23.72B |
| 股东权益 | $24.03B | $24.19B | $24.21B | $24.21B | $23.72B |
| 股本 | $831.00M | $831.00M | $831.00M | $831.00M | $831.00M |
| -普通股 | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| -优先股 | $830.00M | $830.00M | $830.00M | $830.00M | $830.00M |
| 资本公积 | $2.87B | $2.83B | $2.74B | $2.74B | $2.68B |
| 留存收益 | $29.13B | $28.08B | $27.05B | $27.05B | $25.82B |
| 减：库存股 | $8.39B | $7.22B | $6.41B | $6.41B | $5.61B |
| 不影响留存收益的损益 | -$413.00M | -$333.00M | $5.00M | $5.00M | $0.00 |
| -商誉 | – | – | $607.00M | $607.00M | – |
| -其他无形资产 | – | – | $615.00M | $615.00M | – |
现金流量表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 经营活动现金流 | $1.32B | $1.19B | $6.17B | $1.40B | $2.19B |
| 持续经营经营活动现金流净额 | $1.32B | $1.19B | $6.17B | $1.40B | $2.19B |
| 持续经营净利润 | $1.06B | $1.05B | $4.40B | $1.24B | $1.35B |
| 持续经营损益 | -$260.00M | -$46.00M | -$899.00M | -$201.00M | -$360.00M |
| 营运资金变动 | $480.00M | $75.00M | $2.33B | $296.00M | $1.12B |
| -应收款变动 | -$630.00M | -$820.00M | $38.00M | $731.00M | $601.00M |
| -赔款及理赔费用准备变动 | $499.00M | $540.00M | $2.35B | $330.00M | $634.00M |
| -递延获取成本变动 | $4.00M | -$48.00M | $86.00M | $53.00M | $14.00M |
| -应付账款及应计费用变动 | $496.00M | $419.00M | $137.00M | -$319.00M | -$207.00M |
| -未到期保费变动 | $64.00M | $362.00M | -$589.00M | -$606.00M | -$321.00M |
| -Change in Other Working Capital | $47.00M | -$378.00M | $309.00M | $107.00M | $401.00M |
| 投资活动现金流净额 | -$1.54B | -$639.00M | -$4.04B | -$417.00M | -$1.38B |
| 持续经营投资活动现金流净额 | -$1.54B | -$639.00M | -$4.04B | -$417.00M | -$1.38B |
| 固定资产购置及出售净额 | -$14.00M | -$8.00M | -$44.00M | -$11.00M | -$12.00M |
| 投资购置及出售净额 | -$1.50B | -$626.00M | -$4.10B | -$517.00M | -$1.37B |
| 其他投资变动净额 | -$21.00M | -$5.00M | $106.00M | $111.00M | -$2.00M |
| 筹资活动现金流 | $429.00M | -$827.00M | -$1.89B | -$778.00M | -$743.00M |
| 持续经营筹资活动现金流净额 | $429.00M | -$827.00M | -$1.89B | -$778.00M | -$743.00M |
| 普通股发行净额 | -$1.14B | -$800.00M | -$1.84B | -$768.00M | -$731.00M |
| 已付现金股利 | -$10.00M | -$15.00M | -$47.00M | -$10.00M | -$10.00M |
| 其他筹资费用净额 | $0.00 | -$12.00M | -$4.00M | $0.00 | -$2.00M |
| 期末现金余额 | $2.01B | $1.78B | $2.07B | $2.07B | $1.85B |
| 现金净变动 | $216.00M | -$278.00M | $246.00M | $209.00M | $60.00M |
| 期初现金余额 | $1.78B | $2.07B | $1.76B | $1.85B | $1.81B |
| 汇率变动影响 | $9.00M | -$8.00M | $61.00M | $4.00M | -$14.00M |
| 自由现金流 | $1.31B | $1.18B | $6.13B | $1.39B | $2.17B |
| 业务购买及出售净额 | – | – | $0.00 | $0.00 | – |
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