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ARX US​
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  • Home
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ARX US​
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Accelerant Holdings Class A(ARX US)

$19.88-0.010.03%(Market Open · 16:19:05 UTC)
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ProfileEntity Structure

Documents

SEC Filings

Accelerant Holdings Class A(ARX US)

$19.88-0.010.03%(Market Open · 16:19:05 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

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FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Accelerant Holdings Class A — Company Profile

Accelerant Holdings, together with its subsidiaries, operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The company operates through Exchange Services, MGA Operations, and Underwriting segments. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance and reinsurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, Australia, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, Cayman Islands.

Sector
Financials
Industry
Insurance
Exchange
UN
CEO
Jeffrey Lee Radke
Headquarters
Grand Cayman, E9, KY
IPO Date
Jul 24, 2025
Employees
862
Website
www.accelerant.ai

Key Metrics

Price
$19.73
Market Cap
$4.31B
Revenue (TTM)
$192.80M
Net Income (TTM)
$-5200000.00
EPS (TTM)
-0.02
P/E (TTM)
-3.15
P/B (TTM)
6.22
Dividend Yield
0.00%
ROE (TTM)
-0.75%
ROA (TTM)
-0.06%
Operating Margin
1.04%

Dividends

Last Dividend
$0.00
Last Yield

Accelerant Holdings Class A — Company Profile

Accelerant Holdings, together with its subsidiaries, operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The company operates through Exchange Services, MGA Operations, and Underwriting segments. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance and reinsurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, Australia, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, Cayman Islands.

Sector
Financials
Industry
Insurance
Exchange
UN
CEO
Jeffrey Lee Radke
Headquarters
Grand Cayman, E9, KY
IPO Date
Jul 24, 2025
Employees
862
Website
www.accelerant.ai

Key Metrics

Price
$19.73
Market Cap
$4.31B
Revenue (TTM)
$192.80M
Net Income (TTM)
$-5200000.00
EPS (TTM)
-0.02
P/E (TTM)
-3.15
P/B (TTM)
6.22
Dividend Yield
0.00%
ROE (TTM)
-0.75%
ROA (TTM)
-0.06%
Operating Margin
1.04%

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Accelerant Holdings, together with its subsidiaries, operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The company operates through Exchange Services, MGA Operations, and Underwriting segments. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance and reinsurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, Australia, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, Cayman Islands.

Website
www.accelerant.ai
Location
Grand Cayman, E9, KY
Phone345 743 4611
Employees862
CEOJeffrey Lee Radke
Sector
Financials
Industry
Insurance
IPO DateJul 24, 2025

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(149)

Expand
  • SC 13E3Going private transaction statement30 Oct
  • PREM14APreliminary proxy statement (merger)30 Oct
  • SC 13GAccelerant Holdings30 Sep
  • 8-KOther Events23 Sep
  • Form 4Meriwether Karen Sue25 Aug
  • Form 144Meriwether Karen Sue21 Aug
  • Form 4Hasley Nancy14 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • 8-KEntry into a Material Definitive Agreement13 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • Form 144Hasley Nancy13 Aug
  • 10-QQ2ended 30 Jun 202613 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • 8-KAccelerant Announces Second Quarter 2026 Results13 Aug
  • Form 4ONeill Francis James12 Aug
  • Form 4RADKE JEFFREY L11 Aug
  • Form 144ONeill Francis James10 Aug
  • Form 144RADKE JEFFREY L10 Aug
  • Form 4RADKE JEFFREY L4 Aug

News

  • Accelerant Q3 Earnings: Will Underwriting Weakness Spoil the Show?08:45AM
  • Exploring Analyst Estimates for Accelerant Holdings (ARX) Q3 Earnings, Beyond Revenue and EPS9 Nov
  • ACCELERANT HOLDINGS INVESTOR ALERT: Julie & Holleman Investigates Proposed Sale of Accelerant Holdings to Thoma Bravo Over Conflicts Involving Controlling Shareholder9 Nov
  • Accelerant Announces Date of Third Quarter 2026 Financial Results2 Nov
  • ARX Stock Alert: Halper Sadeh LLC is Investigating Whether Accelerant Holdings is Obtaining a Fair Price for its Shareholders31 Oct
  • Head to Head Contrast: Accelerant (NYSE:ARX) vs. Employers (NYSE:EIG)18 Oct
  • Is the Options Market Predicting a Spike in Accelerant Stock?8 Oct
  • Accelerant Holdings (NYSE:ARX) Stock Has Consensus Target Price of $17.98 According to Analysts1 Oct
  • Hagerty (NYSE:HGTY) versus Accelerant (NYSE:ARX) Financial Analysis24 Sep
  • Accelerant Announces Expiration of “Go-Shop” Period23 Sep
  • Are ARX, FULC, EFSI Obtaining Fair Deals for their Shareholders?15 Sep
  • ACCELERANT HOLDINGS INVESTOR ALERT: Julie & Holleman Investigates Proposed Sale of Accelerant Holdings to Thoma Bravo Over Conflicts Involving Controlling Shareholder14 Sep
  • Accelerant's Take-Private Deal Raises a Bigger Question for Insurance Stocks4 Sep
  • Accelerant (NYSE:ARX) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?2 Sep
  • $HAREHOLDER ALERT: The M&A Class Action Firm Announce the Investigation of the Merger - CHMI, VREX, HHS and ARX23 Aug
  • After Golden Cross, Accelerant Holdings (ARX)'s Technical Outlook is Bright21 Aug
  • Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?17 Aug
  • Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?17 Aug
  • Why Is Accelerant Going Private Just One Year After Its IPO?17 Aug
  • Accelerant Holdings Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Accelerant Holdings - ARX14 Aug

Mentions in Filings

  • … investment portfolio, a portion of which was reclassified from unrealized appreciation (depreciation), consisted of the following: | | | | | --- | --- | --- | | Portfolio Company | Net Realized | | | ($ in thousands) | Gains (Losses) | | | <strong>Accelerant Holdings</strong> | $ | 4,736 | | Zeppelin Bidco Limited (1) | (2,417) | | | Remaining portfolio companies, net | 1,797 | | | Total | $ | 4,116 | (1) Investment was restructured during the period. 132 --- …
    Barings Private Credit CorpAccelerant Holdings Class A·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … | (4,948) | Black Angus Steakhouses, LLC | $ | 14,975 | | REP SEKO Merger Sub, LLC | (3,527) | | Legal Solutions Holdings | 10,129 | | | Security Holdings B.V. | (3,004) | | MVC Private Equity Fund LP | 7,454 | | | <strong>Accelerant Holdings</strong> | (2,707) | | Security Holdings B.V. | 6,760 | | | MVC Automotive Group GmbH | (2,248) | | Celebration Bidco, LLC | (3,799) | | | Flywheel Re Segregated Portfolio 2022-4 | (2,121) | | MVC Automotive Group GmbH | (3, …
    Barings BDC, Inc.Accelerant Holdings Class A·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … y(5) | Investment Type(1)(2) | Interest | Acq. Date | Maturity Date | Units / Shares | Cost | | Fair Value | | % of Net Assets \* | | Notes | | Banking, Finance, Insurance, & Real Estate | | | | | | | | | | | | | | <strong>Accelerant Holdings</strong> | Common Stock | | 07/25 | | 174,236 | $ | 2,091 | $ | 3,438 | 0.5 | % | (9) | | Aegros Holdco 2 Ltd | Common Stock | | 05/25 | | 425,396 | 6 | | 328 | | — | % | (3)(6)(9) | | Alpha Holdings LLC | LLC Units | | 07/2 …
    Barings Capital Investment CorpAccelerant Holdings Class A·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … Bar Harbor Bankshares | 510,373 | 19,272 | | \* | Heritage Insurance Holdings Inc. | 730,399 | 19,049 | | | Peoples Financial Services Corp. | 286,536 | 19,017 | | | Redwood Trust Inc. | 3,994,802 | 18,935 | | \* | <strong>Accelerant Holdings</strong> Class A | 1,601,340 | 18,768 | | | Northrim Peoplecorp Inc. | 670,824 | 18,609 | | \* | Bowhead Specialty Holdings Inc. | 617,948 | 18,495 | | | Northfield Bancorp Inc. | 1,250,716 | 18,423 | | | Midland States Banc …
    バンガード・インデックス・ファンズAccelerant Holdings Class A·Interim Report - Semi-Annual Report (2026.01.01-2026.12.31)·30 Sep·29 Sep
  • … its | | 03/24 | | | 207,921 | 208 | | 356 | | — | % | (6)(7) | | Subtotal Automotive (0.1%)\* | | | | | | | 2,729 | | 2,872 | | 0.1 | % | | | Banking, Finance, Insurance, & Real Estate | | | | | | | | | | | | | | | <strong>Accelerant Holdings</strong> | Common Stock | | 07/25 | | | 279,230 | 3,341 | | 2,946 | | 0.1 | % | (6)(27) | | Aegros Holdco 2 LTD | Common Stock | | 05/25 | | | 889,464 | 12 | | 590 | | — | % | (3)(6)(7)(27) | | Bishop Street Underwriters, LL …
    Barings Private Credit CorpAccelerant Holdings Class A·10-Q - Quarterly report Q2·Q2 26·5 Aug
  • … LC | Warrants | | 02/22 | | 5,591 | | 72 | | 3 | | — | % | (7)(29) | | Subtotal Automotive (0.2%)\* | | | | | | | 1,731 | | 1,796 | | | | | | Banking, Finance, Insurance, & Real Estate | | | | | | | | | | | | | | | <strong>Accelerant Holdings</strong> | Common Stock | | 07/25 | | 279,230 | | 3,341 | | 2,946 | | 0.3 | % | (29) | | Aegros Holdco 2 Ltd | Common Stock | | 05/25 | | 889,464 | | 12 | | 590 | | 0.1 | % | (3)(7)(29) | | Bishop Street Underwriters, LLC | …
    Barings BDC, Inc.Accelerant Holdings Class A·10-Q - Quarterly report Q2·Q2 26·5 Aug

Key Stats

Trading

Px/Chg 1D$19.73 / +0.00%
Prev Close$19.88
% of 52Wk H95.34%
Avg Volume1.46M
BetaN/A
Mkt Cap4.31B
FD Mkt Cap4.33B

Float

Shrs Out/Float218.20M / 55.79M
Short Float0.12%
Days to Cover2.41
Stock Repurchased$12.20M

Current Valuation

EV2.92B
EV/EBITDA-2.35
EV/Sales3.29
P/B6.22
P/S4.85
FCF Yield-0.65%
ROE-0.75%
ROA-0.06%
Current Ratio0.45

Estimates

P/E-3.15
Est P/E0.00
Est EPS0.16
Est PEG0.00

Valuation

Metric5Yr AvgMay '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-2,907.49-4,987.28-827.70
Price / Sales18.3114.2922.32
Price / Book Value5.254.296.21
Price / Free Cash Flow-46.8459.49-153.17
ENTERPRISE VALUE METRICS
Enterprise Value2,129.31,343.12,915.5
Enterprise Value / Sales10.776.4115.12
Enterprise Value / EBITDA118.1135.16201.07
Enterprise Value / EBIT347.3546.80647.89

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue70.9%103.2213.1329.7597.7879.5
Gross Income75%63.578.6199.5349.0595.2
EBITDA197.7%-15.5-74.3-14.391.0-1,217.7
EBIT192.6%-17.1-80.1-28.864.4-1,252.9
Net Income181.7%-21.5-91.7-48.827.2-1,354.1
EPS (Diluted)194.8%-0.10-0.55-0.230.13-7.49
BALANCE SHEET
Cash & ST Inv64.8%340.1509.0783.41,290.52,511.3
Total Assets63.5%1,155.52,199.13,737.26,094.98,263.1
Total Liabilities70.1%899.41,849.13,450.55,667.97,536.7
Total Shareholder Equity28.2%257.9354.5310.5408.7697.7
CASH FLOW
Net Operating Cash Flow41%112.765.7289.9785.5445.1
Cap Ex29.5%-14.7-26.7-32.6-34.4-41.4
Free Cash Flow42.5%98.039.0257.3751.1403.7

Enterprise Value Bridge

Millions USD10 Nov '26
Price (As of 10 Nov '26)19.87
Basic Shares218.20
Market Cap4,335.7
Diluted Shares221.10
Fully Diluted Shares Outstanding221.10
Fully Diluted Market Cap4,393.2
+Consolidated Debt120.1
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,656.3
−Short-term Investments-86.4
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest26.6
+Pension Liabilities—
Enterprise Value2,826.1

Segment data

Revenue

by Products and services

  • Underwriting Segment100%

Revenue

by Geography

  • North America100%

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Summary

Accelerant Holdings, together with its subsidiaries, operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The company operates through Exchange Services, MGA Operations, and Underwriting segments. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance and reinsurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, Australia, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, Cayman Islands.

Website
www.accelerant.ai
Location
Grand Cayman, E9, KY
Phone345 743 4611
Employees862
CEOJeffrey Lee Radke
Sector
Financials
Industry
Insurance
IPO DateJul 24, 2025

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(149)

Expand
  • SC 13E3Going private transaction statement30 Oct
  • PREM14APreliminary proxy statement (merger)30 Oct
  • SC 13GAccelerant Holdings30 Sep
  • 8-KOther Events23 Sep
  • Form 4Meriwether Karen Sue25 Aug
  • Form 144Meriwether Karen Sue21 Aug
  • Form 4Hasley Nancy14 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • 8-KEntry into a Material Definitive Agreement13 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • Form 144Hasley Nancy13 Aug
  • 10-QQ2ended 30 Jun 202613 Aug
  • DEFA14ADefinitive additional materials13 Aug
  • 8-KAccelerant Announces Second Quarter 2026 Results13 Aug
  • Form 4ONeill Francis James12 Aug
  • Form 4RADKE JEFFREY L11 Aug
  • Form 144ONeill Francis James10 Aug
  • Form 144RADKE JEFFREY L10 Aug
  • Form 4RADKE JEFFREY L4 Aug

News

  • Accelerant Q3 Earnings: Will Underwriting Weakness Spoil the Show?08:45AM
  • Exploring Analyst Estimates for Accelerant Holdings (ARX) Q3 Earnings, Beyond Revenue and EPS9 Nov
  • ACCELERANT HOLDINGS INVESTOR ALERT: Julie & Holleman Investigates Proposed Sale of Accelerant Holdings to Thoma Bravo Over Conflicts Involving Controlling Shareholder9 Nov
  • Accelerant Announces Date of Third Quarter 2026 Financial Results2 Nov
  • ARX Stock Alert: Halper Sadeh LLC is Investigating Whether Accelerant Holdings is Obtaining a Fair Price for its Shareholders31 Oct
  • Head to Head Contrast: Accelerant (NYSE:ARX) vs. Employers (NYSE:EIG)18 Oct
  • Is the Options Market Predicting a Spike in Accelerant Stock?8 Oct
  • Accelerant Holdings (NYSE:ARX) Stock Has Consensus Target Price of $17.98 According to Analysts1 Oct
  • Hagerty (NYSE:HGTY) versus Accelerant (NYSE:ARX) Financial Analysis24 Sep
  • Accelerant Announces Expiration of “Go-Shop” Period23 Sep
  • Are ARX, FULC, EFSI Obtaining Fair Deals for their Shareholders?15 Sep
  • ACCELERANT HOLDINGS INVESTOR ALERT: Julie & Holleman Investigates Proposed Sale of Accelerant Holdings to Thoma Bravo Over Conflicts Involving Controlling Shareholder14 Sep
  • Accelerant's Take-Private Deal Raises a Bigger Question for Insurance Stocks4 Sep
  • Accelerant (NYSE:ARX) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?2 Sep
  • $HAREHOLDER ALERT: The M&A Class Action Firm Announce the Investigation of the Merger - CHMI, VREX, HHS and ARX23 Aug
  • After Golden Cross, Accelerant Holdings (ARX)'s Technical Outlook is Bright21 Aug
  • Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?17 Aug
  • Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?17 Aug
  • Why Is Accelerant Going Private Just One Year After Its IPO?17 Aug
  • Accelerant Holdings Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Accelerant Holdings - ARX14 Aug

Mentions in Filings

  • … investment portfolio, a portion of which was reclassified from unrealized appreciation (depreciation), consisted of the following: | | | | | --- | --- | --- | | Portfolio Company | Net Realized | | | ($ in thousands) | Gains (Losses) | | | <strong>Accelerant Holdings</strong> | $ | 4,736 | | Zeppelin Bidco Limited (1) | (2,417) | | | Remaining portfolio companies, net | 1,797 | | | Total | $ | 4,116 | (1) Investment was restructured during the period. 132 --- …
    Barings Private Credit CorpAccelerant Holdings Class A·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … | (4,948) | Black Angus Steakhouses, LLC | $ | 14,975 | | REP SEKO Merger Sub, LLC | (3,527) | | Legal Solutions Holdings | 10,129 | | | Security Holdings B.V. | (3,004) | | MVC Private Equity Fund LP | 7,454 | | | <strong>Accelerant Holdings</strong> | (2,707) | | Security Holdings B.V. | 6,760 | | | MVC Automotive Group GmbH | (2,248) | | Celebration Bidco, LLC | (3,799) | | | Flywheel Re Segregated Portfolio 2022-4 | (2,121) | | MVC Automotive Group GmbH | (3, …
    Barings BDC, Inc.Accelerant Holdings Class A·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … y(5) | Investment Type(1)(2) | Interest | Acq. Date | Maturity Date | Units / Shares | Cost | | Fair Value | | % of Net Assets \* | | Notes | | Banking, Finance, Insurance, & Real Estate | | | | | | | | | | | | | | <strong>Accelerant Holdings</strong> | Common Stock | | 07/25 | | 174,236 | $ | 2,091 | $ | 3,438 | 0.5 | % | (9) | | Aegros Holdco 2 Ltd | Common Stock | | 05/25 | | 425,396 | 6 | | 328 | | — | % | (3)(6)(9) | | Alpha Holdings LLC | LLC Units | | 07/2 …
    Barings Capital Investment CorpAccelerant Holdings Class A·10-Q - Quarterly report Q3·Q3 26·5 Nov
  • … Bar Harbor Bankshares | 510,373 | 19,272 | | \* | Heritage Insurance Holdings Inc. | 730,399 | 19,049 | | | Peoples Financial Services Corp. | 286,536 | 19,017 | | | Redwood Trust Inc. | 3,994,802 | 18,935 | | \* | <strong>Accelerant Holdings</strong> Class A | 1,601,340 | 18,768 | | | Northrim Peoplecorp Inc. | 670,824 | 18,609 | | \* | Bowhead Specialty Holdings Inc. | 617,948 | 18,495 | | | Northfield Bancorp Inc. | 1,250,716 | 18,423 | | | Midland States Banc …
    バンガード・インデックス・ファンズAccelerant Holdings Class A·Interim Report - Semi-Annual Report (2026.01.01-2026.12.31)·30 Sep·29 Sep
  • … its | | 03/24 | | | 207,921 | 208 | | 356 | | — | % | (6)(7) | | Subtotal Automotive (0.1%)\* | | | | | | | 2,729 | | 2,872 | | 0.1 | % | | | Banking, Finance, Insurance, & Real Estate | | | | | | | | | | | | | | | <strong>Accelerant Holdings</strong> | Common Stock | | 07/25 | | | 279,230 | 3,341 | | 2,946 | | 0.1 | % | (6)(27) | | Aegros Holdco 2 LTD | Common Stock | | 05/25 | | | 889,464 | 12 | | 590 | | — | % | (3)(6)(7)(27) | | Bishop Street Underwriters, LL …
    Barings Private Credit CorpAccelerant Holdings Class A·10-Q - Quarterly report Q2·Q2 26·5 Aug
  • … LC | Warrants | | 02/22 | | 5,591 | | 72 | | 3 | | — | % | (7)(29) | | Subtotal Automotive (0.2%)\* | | | | | | | 1,731 | | 1,796 | | | | | | Banking, Finance, Insurance, & Real Estate | | | | | | | | | | | | | | | <strong>Accelerant Holdings</strong> | Common Stock | | 07/25 | | 279,230 | | 3,341 | | 2,946 | | 0.3 | % | (29) | | Aegros Holdco 2 Ltd | Common Stock | | 05/25 | | 889,464 | | 12 | | 590 | | 0.1 | % | (3)(7)(29) | | Bishop Street Underwriters, LLC | …
    Barings BDC, Inc.Accelerant Holdings Class A·10-Q - Quarterly report Q2·Q2 26·5 Aug

Key Stats

Trading

Px/Chg 1D$19.73 / +0.00%
Prev Close$19.88
% of 52Wk H95.34%
Avg Volume1.46M
BetaN/A
Mkt Cap4.31B
FD Mkt Cap4.33B

Float

Shrs Out/Float218.20M / 55.79M
Short Float0.12%
Days to Cover2.41
Stock Repurchased$12.20M

Current Valuation

EV2.92B
EV/EBITDA-2.35
EV/Sales3.29
P/B6.22
P/S4.85
FCF Yield-0.65%
ROE-0.75%
ROA-0.06%
Current Ratio0.45

Estimates

P/E-3.15
Est P/E0.00
Est EPS0.16
Est PEG0.00

Valuation

Metric5Yr AvgMay '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-2,907.49-4,987.28-827.70
Price / Sales18.3114.2922.32
Price / Book Value5.254.296.21
Price / Free Cash Flow-46.8459.49-153.17
ENTERPRISE VALUE METRICS
Enterprise Value2,129.31,343.12,915.5
Enterprise Value / Sales10.776.4115.12
Enterprise Value / EBITDA118.1135.16201.07
Enterprise Value / EBIT347.3546.80647.89

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue70.9%103.2213.1329.7597.7879.5
Gross Income75%63.578.6199.5349.0595.2
EBITDA197.7%-15.5-74.3-14.391.0-1,217.7
EBIT192.6%-17.1-80.1-28.864.4-1,252.9
Net Income181.7%-21.5-91.7-48.827.2-1,354.1
EPS (Diluted)194.8%-0.10-0.55-0.230.13-7.49
BALANCE SHEET
Cash & ST Inv64.8%340.1509.0783.41,290.52,511.3
Total Assets63.5%1,155.52,199.13,737.26,094.98,263.1
Total Liabilities70.1%899.41,849.13,450.55,667.97,536.7
Total Shareholder Equity28.2%257.9354.5310.5408.7697.7
CASH FLOW
Net Operating Cash Flow41%112.765.7289.9785.5445.1
Cap Ex29.5%-14.7-26.7-32.6-34.4-41.4
Free Cash Flow42.5%98.039.0257.3751.1403.7

Enterprise Value Bridge

Millions USD10 Nov '26
Price (As of 10 Nov '26)19.87
Basic Shares218.20
Market Cap4,335.7
Diluted Shares221.10
Fully Diluted Shares Outstanding221.10
Fully Diluted Market Cap4,393.2
+Consolidated Debt120.1
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,656.3
−Short-term Investments-86.4
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest26.6
+Pension Liabilities—
Enterprise Value2,826.1

Segment data

Revenue

by Products and services

  • Underwriting Segment100%

Revenue

by Geography

  • North America100%

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