{ "ok": true, "cik": "1997350", "ticker": "ARX", "name": "ACCELERANT HOLDINGS", "filings": [ { "form": "8-K", "filed": "2026-09-23", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1997350/000199735026000018/0001997350-26-000018-index.htm" }, { "form": "8-K", "filed": "2026-08-14", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1997350/000119312526349973/0001193125-26-349973-index.htm" }, { "form": "10-Q", "filed": "2026-08-13", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1997350/000199735026000015/0001997350-26-000015-index.htm" }, { "form": "8-K", "filed": "2026-08-13", "items": [ "2.02 Results of Operations and Financial Condition", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1997350/000119312526347925/0001193125-26-347925-index.htm" }, { "form": "8-K", "filed": "2026-05-29", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1997350/000119312526246424/0001193125-26-246424-index.htm" }, { "form": "10-Q", "filed": "2026-05-13", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1997350/000199735026000011/0001997350-26-000011-index.htm" } ], "events12m": 10, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-03-18", "url": "https://www.sec.gov/Archives/edgar/data/1997350/000119312526113962/0001193125-26-113962-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001997350.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1997350" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up ACCELERANT HOLDINGS ($ARX). Last filing: 8-K (8.01 Other Events), 2026-09-23. 10 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 912900000, "revenueGrowth1y": 0.5149352804513774, "revenueGrowthPerYear": 0.6284987204417647, "yearsOfData": 3, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": -1.473545842918173, "operatingCashFlow": 445100000, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 1716200000, "longTermDebt": 121300000, "longTermDebtChange": -0.0008237232289950436, "revenueHistory": [ { "fiscalYearEnd": "2023-12-31", "revenue": 344000000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 602600000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 912900000 } ], "totalEquity": 697700000, "totalAssets": 8263100000, "equityRatio": 0.08443562343430432, "returnOnEquity": -1.9280493048588219, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": -7.49, "sharesOutstanding": 190260158, "bookValuePerShare": 3.6670840986056574, "revenuePerShare": 4.798166939396739, "range80": { "low": 1131786370.7294137, "high": 1819065366.13939, "baseline": 1434820449.7076747, "n": 4309, "band": "b01" }, "ifPaceHeld": { "low": 1131786370.7294137, "high": 1819065366.13939 } }, "edgarette": "🔖 Exposure: revenue $912.9M (FY2025), total debt $121.3M. Experience: revenue up 51.5% on the year, up 62.8% a year over 2 years. Soundness: equity 8.4% of assets, return on equity -192.8%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $1.1B and $1.8B next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (16 filers, $50M+ revenue, insurance agents, brokers & service): growth 51.5% against 15.8%.", "peers": { "sic": 6411, "sicDescription": "Insurance Agents, Brokers & Service", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6411", "growth": [ 0.1582, 24 ], "opMargin": [ 0.1553, 16 ], "equityRatio": [ 0.2252, 22 ], "returnOnEquity": [ 0.1198, 14 ], "payoutRatio": [ 0.4084, 11 ] }, "summary": "Accelerant Holdings (ARX) grew revenue 51.5% in FY2025 to $913 million, equity 8.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
ACCELERANT HOLDINGS against its own record and its peers
Revenue, on the yearPeer median 15.8%51.5%Equity of assetsPeer median 22.5%8.4%Return on equityPeer median 12.0%-192.8%Gold tick: the median of 14–22 peers with $50M+ revenue in insurance agents, brokers & service
", "chartHorizon": null, "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-27T22:54:07.778Z", "hash": "4622a5accbe141d7", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Accelerant Holdings (ARX) grew revenue 51.5% in FY2025 to $913 million, equity 8.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 912900000, "totalDebt": 121300000, "cash": 1716200000 }, "experience": { "revenueGrowth1y": 0.5149352804513774, "revenueGrowthPerYear": 0.6284987204417647, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": -1.473545842918173, "freeCashFlow": null }, "soundness": { "equityRatio": 0.08443562343430432, "returnOnEquity": -1.9280493048588219, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6411, "sicDescription": "Insurance Agents, Brokers & Service", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6411", "growth": [ 0.1582, 24 ], "opMargin": [ 0.1553, 16 ], "equityRatio": [ 0.2252, 22 ], "returnOnEquity": [ 0.1198, 14 ], "payoutRatio": [ 0.4084, 11 ] }, "credibility": { "auditedYears": 3, "weight": "moderate", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-03-18", "url": "https://www.sec.gov/Archives/edgar/data/1997350/000119312526113962/0001193125-26-113962-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 1131786370.7294137, "high": 1819065366.13939, "baseline": 1434820449.7076747, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4309, "sizeBand": "b01" }, "credibility": null, "stress": null, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-27T22:54:07.778Z", "hash": "4622a5accbe141d7", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001997350.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1997350" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.4876, "growth3y": 0.5149, "volatility": 0.1027, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.0844, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "later", "inside": "Turns 48.8% of revenue into operating cash; revenue growing 51.5% a year over three years; no common dividend.", "outside": "Among $100M-1B companies: 92nd percentile for cash, 93rd for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$100M-1B", "cashPctInClass": 92, "growthPctInClass": 93, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 445100000, "investing": -173600000, "financing": 205800000, "capitalSpending": null, "free": null, "trend": [ { "fiscalYearEnd": "2023-12-31", "operating": 290000000, "free": null }, { "fiscalYearEnd": "2024-12-31", "operating": 785700000, "free": null }, { "fiscalYearEnd": "2025-12-31", "operating": 445100000, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1716200000, "shortTerm": 100000000, "longTerm": 519500000, "equityHoldings": null, "totalAssets": 8263100000, "ladder": { "within1y": 100000000, "y1to5": 456200000, "y5to10": 62800000, "y10plus": 500000, "noSingleDate": null }, "currentRatio": null, "unrealizedGain": 6000000, "unrealizedLoss": 1100000, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.4876, "growth3y": 0.5149, "volatility": 0.1027, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.0844, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "later", "inside": "Turns 48.8% of revenue into operating cash; revenue growing 51.5% a year over three years; no common dividend.", "outside": "Among $100M-1B companies: 92nd percentile for cash, 93rd for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$100M-1B", "cashPctInClass": 92, "growthPctInClass": 93, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 445100000, "investing": -173600000, "financing": 205800000, "capitalSpending": null, "free": null, "trend": [ { "fiscalYearEnd": "2023-12-31", "operating": 290000000, "free": null }, { "fiscalYearEnd": "2024-12-31", "operating": 785700000, "free": null }, { "fiscalYearEnd": "2025-12-31", "operating": 445100000, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1716200000, "shortTerm": 100000000, "longTerm": 519500000, "equityHoldings": null, "totalAssets": 8263100000, "ladder": { "within1y": 100000000, "y1to5": 456200000, "y5to10": 62800000, "y10plus": 500000, "noSingleDate": null }, "currentRatio": null, "unrealizedGain": 6000000, "unrealizedLoss": 1100000, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }