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Accelerant Holdings

ARXFinancial ServicesNASDAQ

Insurance Brokers · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$879.5M
+47.1% YoY
Net Income
-$1.35B
-5078.3% YoY
Free Cash Flow
-$2.04B

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About Accelerant Holdings

Part of the financial services sector, Accelerant Holdings (ARX) is listed under Insurance Brokers. The $3.41B market capitalization puts ARX squarely in mid-cap range for its industry. It operates through Exchange Services, MGA Operations, and Underwriting segments.

Key stats
Market Cap$3.41B
Fwd P/E16.96
EPS$-6.49
52W Change-41.0%
ROE-243.2%
Analysis

Accelerant Holdings holds $1.66B in cash against $120.7M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company is burning cash, with free cash flow at -$2.04B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -243.2%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $103.2M (2021) to $879.5M (2025), reflecting a 752% increase over the period.

With cash comfortably exceeding debt, ARX has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing ARX.

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