Accelerant Holdings (ARX) intrinsic value & 10-year financials
Accelerant Holdings (ARX) has a Graham intrinsic value of $4.65 per share. At $19.75 on Oct 17, 2026, the stock trades 325% above that value. Over the last 4 fiscal years revenue grew 62.9% a year to $912.9M, with an average return on invested capital of 77.8%.
- Graham intrinsic value
- $4.65
- Share price (Oct 17, 2026)
- $19.75
- Price vs Graham value
- 325% above
- Market cap
- $3.8B
- Revenue (FY2025)
- $912.9M
- Revenue growth (4-yr CAGR)
- 62.9%
- ROIC (10-yr avg)
- 77.8%
- Free cash flow (FY2025)
- —
ARX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $912.9M | -$1.3B | -$7.49 | — | — | 158.5% |
| FY2024 | $602.6M | $22.9M | $0.14 | — | — | -2.9% |
| FY2023 | $344.0M | -$64.1M | -$0.29 | — | — | — |
| FY2022 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Accelerant Holdings revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Accelerant Holdings has historically struggled to out-earn its cost of capital, averaging just -0.6% ROIC.
Accelerant Holdings capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Accelerant Holdings is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $4.65 per share.