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Accelerant Holdings (ARX) Stock Fundamental Analysis & AI Rating 2026

ARX NYSE Insurance Agents, Brokers & Service E9 CIK: 0001997350
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
86% Confidence
AGREEMENT
STRONG SELL
92% Conf
SELL
81% Conf

📊 ARX Key Takeaways

Revenue: $912.9M
Net Margin: -156.1%
Free Cash Flow: $445.1M
Current Ratio: N/A
Debt/Equity: 0.17x
EPS: $-7.49
AI Rating: STRONG SELL with 92% confidence
Accelerant Holdings (ARX) receives a SELL rating with 86% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $912.9M, net profit margin of -156.1%, and return on equity (ROE) of -204.2%, Accelerant Holdings demonstrates mixed fundamentals in the Finance sector. Below is our complete ARX stock analysis for 2026.

Is Accelerant Holdings (ARX) a Good Investment?

Claude

Accelerant Holdings is experiencing severe operational distress with massive net losses of $1.4B and deeply negative operating margins of -144.8%, indicating fundamental business model challenges despite 51.5% revenue growth. The company is burning equity at an alarming rate with ROE of -204.2% and ROA of -17.2%, suggesting losses far exceed asset and equity value generation. While positive free cash flow of $445.1M provides near-term liquidity relief, the structural profitability crisis and negative interest coverage of -121.3x indicate the company is not generating earnings to support its debt obligations.

ChatGPT

Accelerant Holdings is delivering very strong top-line growth, with revenue up 51.5% year over year, and it is generating substantial operating cash flow. However, the core profitability profile is extremely weak, with deeply negative operating and net margins and sharply negative returns on equity and assets, which raises concern that growth is not translating into durable earnings quality. The balance sheet has solid cash and low reported leverage, but the scale of losses materially weakens the fundamental picture.

Why Buy Accelerant Holdings Stock? ARX Key Strengths

Claude
  • + Strong revenue growth of 51.5% year-over-year demonstrates market demand and expansion capability
  • + Positive free cash flow of $445.1M and FCF margin of 48.8% provide operational liquidity despite losses
  • + Conservative leverage with debt-to-equity ratio of 0.17x and $1.7B in cash equivalents provide financial flexibility
  • + Adequate cash reserves representing 20.5% of total assets offer runway to address operational challenges
ChatGPT
  • + Revenue growth is strong at 51.5% year over year, indicating expanding business volume
  • + Operating cash flow of $445.1M and a 48.8% FCF margin suggest strong cash generation
  • + Cash of $1.72B and debt/equity of 0.17x provide liquidity support and modest balance-sheet leverage

ARX Stock Risks: Accelerant Holdings Investment Risks

Claude
  • ! Catastrophic operating losses of $1.3B and net losses of $1.4B indicate severe underwriting or operational problems in insurance operations
  • ! Negative profitability metrics across all measures (operating margin -144.8%, net margin -156.1%, ROE -204.2%) signal fundamental business model failure
  • ! Negative interest coverage ratio of -121.3x shows inability to service debt from operating earnings, threatening debt sustainability
  • ! Deteriorating net income trend with -5.9% YoY decline combined with massive losses suggests accelerating financial deterioration
  • ! Operating losses dwarf revenue, indicating pricing inadequacy, claims severity issues, or cost structure problems in core insurance business
ChatGPT
  • ! Operating loss of $1.32B and net loss of $1.43B indicate severe profitability weakness
  • ! Net margin of -156.1% and ROE of -204.2% show that capital is currently generating highly negative returns
  • ! Diluted EPS collapsed to -7.49, signaling worsening per-share earnings performance despite revenue growth

Key Metrics to Watch

Claude
  • * Operating income and operating margin progression - critical to assess if loss-making trend is stabilizing or worsening
  • * Combined ratio in insurance underwriting segment - key to understanding if losses stem from underpricing or claims management failures
  • * Free cash flow sustainability - monitor if positive cash flow can be maintained given ongoing operating losses
  • * Loss development and reserves adequacy - assess if additional reserve charges are likely that could further impair equity
  • * Revenue quality and premium retention rates - determine if growth is sustainable or from underpriced business that generates losses
ChatGPT
  • * Operating margin and net loss trend relative to revenue growth
  • * Operating cash flow durability versus reported earnings losses

Accelerant Holdings (ARX) Financial Metrics & Key Ratios

Revenue
$912.9M
Net Income
$-1.4B
EPS (Diluted)
$-7.49
Free Cash Flow
$445.1M
Total Assets
$8.3B
Cash Position
$1.7B

💡 AI Analyst Insight

The 48.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

ARX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -144.8%
Net Margin -156.1%
ROE -204.2%
ROA -17.2%
FCF Margin 48.8%

ARX vs Finance Sector: How Accelerant Holdings Compares

How Accelerant Holdings compares to Finance sector averages

Net Margin
ARX -156.1%
vs
Sector Avg 25.0%
ARX Sector
ROE
ARX -204.2%
vs
Sector Avg 12.0%
ARX Sector
Current Ratio
ARX 0.0x
vs
Sector Avg 1.2x
ARX Sector
Debt/Equity
ARX 0.2x
vs
Sector Avg 2.0x
ARX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Accelerant Holdings Stock Overvalued? ARX Valuation Analysis 2026

Based on fundamental analysis, Accelerant Holdings has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
-204.2%
Sector avg: 12%
Net Profit Margin
-156.1%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.17x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Accelerant Holdings Balance Sheet: ARX Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.17x
Debt/Assets
91.2%
Interest Coverage
-121.28x
Long-term Debt
$121.3M

ARX Revenue & Earnings Growth: 5-Year Financial Trend

ARX 5-year financial data: Year 2025: Revenue $912.9M, Net Income -$64.1M, EPS $-0.29.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Accelerant Holdings's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.29 indicates the company is currently unprofitable.

ARX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
48.8%
Free cash flow / Revenue

ARX Quarterly Earnings & Performance

Quarterly financial performance data for Accelerant Holdings including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $153.7M $6.2M $0.03
Q2 2025 $130.1M -$1.9M $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Accelerant Holdings Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$445.1M
Cash generated from operations
Dividends
None
No dividend program

ARX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Accelerant Holdings (CIK: 0001997350)

📋 Recent SEC Filings

Date Form Document Action
Mar 30, 2026 DEF 14A tm2610177d4_def14a.htm View →
Mar 24, 2026 4 xslF345X06/wk-form4_1774390812.xml View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774049327.xml View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774048761.xml View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774047909.xml View →

Frequently Asked Questions about ARX

What is the AI rating for ARX?

Accelerant Holdings (ARX) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 86% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ARX's key strengths?

Claude: Strong revenue growth of 51.5% year-over-year demonstrates market demand and expansion capability. Positive free cash flow of $445.1M and FCF margin of 48.8% provide operational liquidity despite losses. ChatGPT: Revenue growth is strong at 51.5% year over year, indicating expanding business volume. Operating cash flow of $445.1M and a 48.8% FCF margin suggest strong cash generation.

What are the risks of investing in ARX?

Claude: Catastrophic operating losses of $1.3B and net losses of $1.4B indicate severe underwriting or operational problems in insurance operations. Negative profitability metrics across all measures (operating margin -144.8%, net margin -156.1%, ROE -204.2%) signal fundamental business model failure. ChatGPT: Operating loss of $1.32B and net loss of $1.43B indicate severe profitability weakness. Net margin of -156.1% and ROE of -204.2% show that capital is currently generating highly negative returns.

What is ARX's revenue and growth?

Accelerant Holdings reported revenue of $912.9M.

Does ARX pay dividends?

Accelerant Holdings does not currently pay dividends.

Where can I find ARX SEC filings?

Official SEC filings for Accelerant Holdings (CIK: 0001997350) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ARX's EPS?

Accelerant Holdings has a diluted EPS of $-7.49.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ARX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Accelerant Holdings has a SELL rating with 86% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ARX stock overvalued or undervalued?

Valuation metrics for ARX: ROE of -204.2% (sector avg: 12%), net margin of -156.1% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy ARX stock in 2026?

Our dual AI analysis gives Accelerant Holdings a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ARX's free cash flow?

Accelerant Holdings's operating cash flow is $445.1M, with capital expenditures of N/A. FCF margin is 48.8%.

How does ARX compare to other Finance stocks?

Vs Finance sector averages: Net margin -156.1% (avg: 25%), ROE -204.2% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI