ACGL
Arch Capital Group Ltd.
ACGL's fundamentals are mixed: its operating margin rose 7 points to 26%, but revenue fell 3.9%. At 8.9x earnings, it's trading in line with its usual 9.3x. Analysts expect earnings to hold roughly steady.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
ACGL Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| N/A | |
| N/A |
ACGL's profitability is currently strong, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like ACGL.
CIFR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
CIFR's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CIFR.
ACGL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.8x | $95.05 | -13% |
| Current | 9x | $109 | — |
| Fair | 9.3x | $113 | +3.8% |
| Forward | 11x | $109 | — |
| Expensive | 12x | $152 | +40% |
Historical ranges are pointers, not guarantees.
ACGL's PE is in its fair range at 8.9x. On analysts' estimates for next year's earnings, today's price would be 11x, in its expensive range.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
ACGL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect ACGL's profitability to improve, but its revenue to decline.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over ACGL on the outlook, with more favorable earnings and revenue expectations.
ACGL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.79 | -20% |
| Q3 2026 | $12.21 | +14% |
| Q2 2026 | $12.77 | +32% |
| Q1 2026 | $13.00 | +33% |
| Q4 2025 | $11.60 | +3.7% |
| Q3 2025 | $10.68 | -28% |
| Q2 2025 | $9.68 | -32% |
| Q1 2025 | $9.75 | -23% |
| Q4 2024 | $11.19 | -3.7% |
ACGL has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.
CIFR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.06 | -$2.86 |
| Q2 2026 | -$2.85 | -$2.40 |
| Q1 2026 | -$2.32 | -$1.94 |
| Q4 2025 | -$2.15 | -$2.01 |
| Q3 2025 | -$0.20 | -$0.07 |
| Q2 2025 | -$0.45 | -850% |
| Q1 2025 | -$0.38 | -733% |
| Q4 2024 | -$0.14 | -$0.04 |
CIFR lost $3.06 per share over the past year, and its loss has widened in each of the last four quarters.
ACGL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.7B | -8.9% |
| Q2 2026 | $4.7B | -10% |
| Q1 2026 | $4.5B | -3.3% |
| Q4 2025 | $4.9B | +8.5% |
| Q3 2025 | $5.1B | +8.2% |
| Q2 2025 | $5.2B | +23% |
| Q1 2025 | $4.7B | +19% |
| Q4 2024 | $4.5B | +14% |
ACGL has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2021 | 38% | +12 points |
| Q3 2021 | 14% | -7.8 points |
| Q2 2021 | 29% | +7.5 points |
| Q1 2021 | 19% | +23 points |
| Q4 2020 | 27% | +7 points |
| Q3 2020 | 22% | N/A |
| Q2 2020 | 21% | N/A |
| Q1 2020 | -4% | N/A |
ACGL's operating margin was 38% last quarter, up 12 points from the same quarter a year ago.
CIFR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26.7M | -63% |
| Q2 2026 | $24.8M | -43% |
| Q1 2026 | $34.8M | -29% |
| Q4 2025 | $59.7M | +41% |
| Q3 2025 | $71.7M | +198% |
| Q2 2025 | $43.6M | +18% |
| Q1 2025 | $49M | +1.7% |
| Q4 2024 | $42.2M | -2.8% |
CIFR's revenue has slid since its 2025 peak: $27M last quarter, down 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -269% | -217 points |
| Q2 2026 | -316% | -212 points |
| Q1 2026 | -329% | -251 points |
| Q4 2025 | -503% | -544 points |
| Q3 2025 | -52% | +327 points |
| Q2 2025 | -104% | -60 points |
| Q1 2025 | -78% | -175 points |
| Q4 2024 | 40% | +4 points |
CIFR's operating margin was −269% last quarter, down 217 points from the same quarter a year ago.
ACGL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.7B | -20% |
| Q2 2026 | $1.3B | +18% |
| Q1 2026 | $1.2B | -19% |
| Q4 2025 | $1.4B | -11% |
| Q2 2025 | $1.1B | -26% |
| Q1 2025 | $1.4B | -6.5% |
| Q4 2024 | $1.6B | -5.5% |
| Q2 2024 | $1.5B | +33% |
ACGL has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.
CIFR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.7B | -$1.4B |
| Q2 2026 | -$653.8M | -$566.3M |
| Q1 2026 | -$462.5M | -$390.7M |
| Q4 2025 | -$280.3M | -$204.2M |
| Q3 2025 | -$256.2M | -$173.1M |
| Q2 2025 | -$87.5M | -$54.3M |
| Q1 2025 | -$71.8M | -$37.3M |
| Q4 2024 | -$76.1M | +$38M |
CIFR's free cash flow was −$3.1B over the past year, against −$492M the year before. Free cash flow isn't a meaningful measure for financial services companies like CIFR.
ACGL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.1% | -7.4M shares |
| 1 year | -9.2% | -34.7M shares |
| 3 years | -10% | -38M shares |
| 5 years | -14% | -56.5M shares |
| Available history | -17% | -70.2M shares |
ACGL has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.4B |
| Q2 2026 | $1.2B |
| Q1 2026 | $783M |
| Q4 2025 | $798M |
| Q3 2025 | $732M |
| Q2 2025 | $163M |
| Q1 2025 | $196M |
| Q4 2023 | — |
ACGL spent $4.2B buying back its own shares over the past year.
CIFR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.4% | +30.3M shares |
| 1 year | +12% | +46.5M shares |
| 3 years | +75% | +188M shares |
| 5 years | +102% | +222M shares |
CIFR has 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7M |
| Q2 2026 | $45.2M |
| Q1 2026 | $3.8M |
| Q4 2025 | $82.3M |
| Q3 2025 | $3M |
| Q2 2025 | $3.2M |
| Q1 2025 | $1.1M |
| Q4 2024 | $16.9M |
CIFR spent $151M buying back its own shares over the past year, about six times what it spent the year before.
ACGL Net Leverage
CIFR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -2.3x | Net Cash |
| Q1 2025 | 125.4x | High |
| Q4 2024 | 0.5x | Very low |
| Q3 2024 | -0.7x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -0.9x | Net Cash |
| Q4 2023 | -2.2x | Net Cash |
| Q2 2023 | -0.1x | Net Cash |
CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.
ACGL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.0 | Neutral |
| Stochastic | 81.6 | Overbought |
ACGL's weekly RSI is 69 (neutral) and its Stochastic is 82 (overbought).
CIFR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.4 | Neutral |
| Stochastic | 7.8 | Oversold |
CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).
ACGL PE vs Financial Services Sector
| Metric | ACGL | Sector median | Relative |
|---|---|---|---|
| PE | 9x | 13x | 31% below |
| PE % | 42 | 63 | 21 pts below |
ACGL is trading at 8.9x earnings, a 31% discount to the Financial Services sector's median of 13x.
CIFR PE vs Financial Services Sector
| Metric | CIFR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
CIFR has no meaningful PE right now: it lost money over the past year.
ACGL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $101.2 | 7.9% above |
| 20 week MA | $100.2 | 9% above |
| 50 week MA | $97.0 | 13% above |
| 100 week MA | $94.1 | 16% above |
| 200 week MA | $90.1 | 21% above |
ACGL has the edge over CIFR on trend strength, trading above more of its moving averages.
CIFR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 33% below |
| 20 week MA | $15.5 | 54% below |
| 50 week MA | $17.0 | 58% below |
| 100 week MA | $12.2 | 41% below |
| 200 week MA | $7.86 | 9% below |
CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.
ACGL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.6 | $34.9 | -18% |
| 2021 | $34.9 | $43.5 | +25% |
| 2022 | $43.5 | $63.4 | +46% |
| 2023 | $63.4 | $74.3 | +17% |
| 2024 | $74.3 | $92.3 | +24% |
| 2025 | $92.3 | $95.9 | +3.8% |
| 2026 YTD | $95.9 | $109.2 | +14% |
ACGL has the edge over CIFR on returns for 2026, with the stronger performance.
CIFR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.92 | $9.95 | +0.3% |
| 2021 | $9.95 | $5.21 | -48% |
| 2022 | $5.21 | $0.54 | -90% |
| 2023 | $0.54 | $4.13 | +665% |
| 2024 | $4.13 | $4.86 | +18% |
| 2025 | $4.86 | $15.2 | +213% |
| 2026 YTD | $15.2 | $7.15 | -53% |
CIFR's yearly returns have swung widely, from +665% in 2023 to −90% in 2022. It's down 53% so far in 2026.