Saturday 17 October 2026
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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%
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Target Price Range
Analyst price targets
Free accountTen 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 |
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| 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.
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% |
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.