Accelerant Holdings

ARX Financial Insurance Brokers

Accelerant Holdings' revenue for fiscal 2025 (year ended December 2025) was $912.9 million, up 51.5% from fiscal 2024. In the quarter to June 2026, revenue grew 62.9%, EPS grew 620.0%, free cash flow fell 139.6% and total debt fell 5.21%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

19.75 0.01 −0.05%
Market cap
$4.3B
P/E
0.0×
Fwd P/E
143×
Dividend yield
—
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 1.89
Total sells 21.58
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 5 1 — — — — — — — — — —
Sell — — — — 1 — — 5 7 5 — —
Insider Ownership 72.90%

Capital & Financial Ratios $m

Market Cap 4,290.00
Revenue 1,146.00
Net Income (1,290.20)
Free Cash Flow 1.80
Net Debt (1,536.20)
Current Ratio 1.51
Debt/Equity 0.16
P/E ratio 0.00
Fwd P/E 143.00 (above 35: high)
P/S ratio 3.76
P/B ratio 5.80
Past 5Y EPS Growth —
This Y EPS Growth (5.03%) (below 0%: weak)
Next Y EPS Growth 4.33%
Next Y revenue growth 25.31% (at or above 10%: strong)
Next 5Y EPS Growth 8.80%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 775 1,273 1,799 1,656
Receivables 2,005 3,420 4,573 5,025
Inventory — — — —
Other — — — —
2,781 4,693 6,372 6,682
2023 2024 2025 Q'26
Payables 1,766 3,312 3,977 4,416
ST’ Debt — — — —
Other — — — —
1,766 3,312 3,977 4,416

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 273 357 — — —
’25 178 219 267 248 913
’24 128 130 154 191 603
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (21) (69) — — —
’25 92 218 74 62 445
’24 144 123 276 242 786
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (28) (82) — — —
’25 85 207 61 50 404
’24 139 115 265 233 751
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.02) 0.36 — — —
’25 0.03 0.04 (6.99) 0.00 (7.49)
’24 0.01 (0.06) 0.05 0.11 0.11
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — — 11.20

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — — 31.18
People
People Employees — — — — — — — — 451 574
Revenue/emp, $m — — — — — — — 0.00 1.34 1.59
Income, $m
Income, $m Revenue — — — — — — — 344 603 913
Gross margin, % — — — — — — — 100.00 100.00 100.00
EBT — — — — — — — (44) 32 (1,322)
EBT margin, % — — — — — — — (12.76) 5.31 (144.80)
Net income — — — — — — — (64) 23 (1,345)
Depreciation — — — — — — — 15 27 35
Per share, $
Per share, $ Revenue — — — — — — — 2.08 3.63 4.80
Earnings — — — — — — — (0.39) 0.14 (7.49)
Cash flow — — — — — — — 1.75 4.73 2.34
Capex — — — — — — — (0.20) (0.21) (0.22)
Free cash flow — — — — — — — 1.55 4.53 2.12
Book value — — — — — — — 1.73 1.94 3.82
Shares, m — — — — — — — 166 166 190
Valuation, ×
Valuation, × P/E — — — — — — — 97.86 97.86 0.00
P/S — — — — — — — 5.94 5.94 3.41
P/B — — — — — — — 0.00 0.00 4.28
EV/Sales — — — — — — — 4.14 4.14 1.57
EV/FCF — — — — — — — 3.89 3.89 3.55
Cash, $m
Cash, $m Operating cash flow — — — — — — — 290 786 445
Capex — — — — — — — (33) (34) (41)
Free cash flow — — — — — — — 257 751 404
Balance, $m
Balance, $m Working capital — — — — — — — 1,015 1,381 2,395
Total debt — — — — — — — 120 121 121
Net debt — — — — — — — (655) (1,152) (1,678)
Shareholders’ equity — — — — — — — 287 323 726
Returns, %
Returns, % ROA — — — — — — — 0.00 0.55 (19.85)
ROIC — — — — — — — 0.00 0.00 0.00
ROE — — — — — — — 0.00 (35.26) (427.16)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Accelerant Holdings vs peers in Insurance Brokers (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WTW Willis Towers Watson Public Limited Company $28.8B 19.3× 15.3× +9.07% (above 0%: growing) −27.25% (below 0%: shrinking) +42.76% (above 0%: growing) 100.00% 14.76% Compare
BRO Brown & Brown, Inc. $22.8B 19.3× 17.6× +30.43% (above 0%: growing) +8.86% (above 0%: growing) +6.75% (above 0%: growing) 50.00% 28.82% Compare
ERIE Erie Indemnity Company $11.1B 19.7× 18.0× +2.80% (above 0%: growing) +3.20% (above 0%: growing) +10.22% (above 0%: growing) 18.73% 18.73% Compare
BWIN Baldwin Insurance Group, Inc. $4.5B — (loss-making) — (loss-making) +30.13% (above 0%: growing) n/m +208.10% (above 0%: growing) 31.81% (1.69%) Compare
ARX Accelerant Holdings $4.3B — (loss-making) 143× +62.89% (above 0%: growing) +620.00% (above 0%: growing) −139.56% (below 0%: shrinking) 100.00% 30.96%
CRVL CorVel Corp. $4.1B 35.4× — +10.74% (above 0%: growing) +18.87% (above 0%: growing) +8.94% (above 0%: growing) 26.08% 16.67% Compare
NP Neptune Insurance Holdings Inc. $4.0B 117× 68.6× +32.82% (above 0%: growing) −11.65% (below 0%: shrinking) +234.05% (above 0%: growing) 100.00% 47.52% Compare
GSHD Goosehead Insurance $1.6B 32.4× 28.6× +20.59% (above 0%: growing) +110.00% (above 0%: growing) −63.75% (below 0%: shrinking) 100.00% 23.45% Compare
TWFG TWFG, Inc. $1.4B 43.0× 36.6× +45.11% (above 0%: growing) +38.46% (above 0%: growing) +42.74% (above 0%: growing) 51.44% 20.10% Compare
Median of peers $4.3B 32.4× 23.3× +25.36% +8.86% +26.48% 50.72% 19.42%

All 22 Insurance Brokers stocks →

Accelerant Holdings (ARX) key facts

  • Strength: Accelerant Holdings' revenue for fiscal 2025 (year ended December 2025) was $912.9 million, up 51.5% from fiscal 2024.
  • Accelerant Holdings (ARX) is an Insurance Brokers company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, ARX traded at $19.75, a market capitalization of $4.3 billion.
  • Return on equity was −427.2% and debt-to-equity 0.16.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Accelerant Holdings (ARX) Latest News

stockrow.com/ARX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com