Argo Group International Holdings Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Argo Group International Holdings Inc (ARGD) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Argo Group International Holdings Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 3,685M vs 39,396M combined for tracked competitors (8.6% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-63.5% annualized vs trailing 12 months).
- Peer revenue share: Argo Group International Holdings Inc accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
- Peer differentiation: Revenue per employee of $4.46M compares with $0.31M for the peer group (14.4x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
ARGD Sales vs. its Competitors, Q2 2025
Argo Group International Holdings Inc generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
Argo Group International Holdings Inc vs. its Competitors, Q2 2025
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Argo Group International Holdings Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Argo Group International Holdings Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Argo Group International Holdings Inc's competitor groups requires a Commercial License.
For context: the Insurance Brokerage industry grew revenue 10.7% year over year, combined, vs -11.6% for Argo Group International Holdings Inc. Argo Group International Holdings Inc's share of combined industry revenue moved from 1.05% to 0.84%, a loss of 0.21 percentage points.
Argo Group International Holdings Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Argo Group International Holdings Inc | No | - | - | Yes |
| Competitors combined (3) | ||||
| High-Confidence Competitors (2) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
ARGD Stock Performance relative to its Competitors
ARGD Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Bank Of Montreal | 282.9% | Outperformed |
| 2 | Bank Bradesco | 282.9% | Outperformed |
| 3 | Prudential Plc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Argo Group International Holdings Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Argo Group International Holdings Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Argo Group International Holdings Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Argo Group International Holdings Inc | 866.62 | 3,684.50 |
| Bank Of Montreal | 123,787.15 | 27,785.88 |
| Prudential Plc | 32,659.20 | 11,491.00 |
| Bank Bradesco | 17,745.97 | 118.96 |
| SUBTOTAL | 175,058.94 | 43,080.34 |
Sources: Argo Group International Holdings Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Argo Group International Holdings Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Argo Group International Holdings Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| The Eastern Company | Named by the company | 85% |
| State National Companies, Inc. | Named by the company | 85% |
| Two | Named by the company | 85% |
| Prudential Plc | Named by the company | 85% |
| Bank Bradesco | Named by the company | 85% |
| Bank Of Montreal | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Argo Group International Holdings Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Argo Group International Holdings Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Argo Group International Holdings Inc | Casualty Lines 57.12 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Argo Group International Holdings Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Argo Group International Holdings Inc | 867 | 4,455,260 | 180,653 |
| Bank Of Montreal | 123,787 | 617,464 | 148,519 |
| Prudential Plc | 32,659 | 73,191,083 | 26,235,669 |
| Bank Bradesco | 17,746 | 1,449 | 55,371 |
| PEERS TOTAL | 174,192 | 309,589 | 120,611 |
Argo Group International Holdings Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 29 companies in Argo Group International Holdings Inc's industry classification, broader than the peer set above. Market cap in millions of $.Argo Group International Holdings Inc ranks #0 of 29 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,517, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Marsh and Mclennan Companies Inc | 81,882 | 25.75 % |
| 2 | Arthur J Gallagher and Co | 58,546 | 18.41 % |
| 3 | Aon Plc | 58,493 | 18.40 % |
| 4 | Willis Towers Watson Plc | 27,418 | 8.62 % |
| 5 | Brown and Brown Inc | 1,234 | 5.2% |
| 6 | Equitable Holdings Inc | 1,234 | 5.2% |
| 7 | Erie Indemnity Company | 1,234 | 5.2% |
| 8 | Fidelity National Financial Inc | 1,234 | 5.2% |
| 9 | First American Financial Corporation | 1,234 | 5.2% |
| 10 | Enact Holdings Inc | 1,234 | 5.2% |
| 0 | Argo Group International Holdings Inc | - | 0.00 % |
Market cap and industry share for the rest of Argo Group International Holdings Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2025-09-12.
Argo Group International Holdings Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Insurance Brokerage industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (18 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 100.00 % | 56.03 % (avg) | +44.0 pp |
| Operating Margin | 65.81 % | industry median | +39.0 pp |
| EBITDA Margin | -3.70 % | 1.85 % (avg) | -5.6 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 1.24 % (avg) | -1.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Argo Group International Holdings Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 12.53 % | 107.68 % | 8.04 % | -3.85 % | 12.48 % | -17.62 % | - | - |
| Operating Margin | 64.18 % | 57.57 % | 99.21 % | 64.13 % | 97.97 % | 89.20 % | - | 64.92 % |
| Return on Invested Capital | 20.37 % | 37.36 % | 33.56 % | 21.61 % | 36.76 % | 13.80 % | - | 8.67 % |
| P/E | - | - | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Argo Group International Holdings Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 1,517 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 1.24 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Argo Group International Holdings Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Argo Group International Holdings Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Argo Group International Holdings Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Argo Group International Holdings Inc falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Argo Group International Holdings Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 39.0 points above the industry median.
Weaknesses
- Return on equity 21.3 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-63.5% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Argo Group International Holdings Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Argo Group International Holdings Inc | 0.03 | 0.67 | 0.33 |
| Bank Of Montreal | 1,134.18 | 13,402.64 | - |
| Prudential Plc | 0.62 | 0.62 | - |
| Bank Bradesco | - | 6.18 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Argo Group International Holdings Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Argo Group International Holdings Inc | Q2 2025 | +401.4 % | +46.0 % |
| Bank Of Montreal | Q3 2025 | +10.6 % | +19.1 % |
| Prudential Plc | Q4 2025 | +7.0 % | +70.6 % |
| Bank Bradesco | Q4 2025 | -71.8 % | +36.4 % |
| PEERS TOTAL | +13.5 % | +35.1 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Argo Group International Holdings Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Argo Group International Holdings Inc | Q2 2025 | - | +350.0 % |
| Bank Of Montreal | Q3 2025 | - | - |
| Prudential Plc | Q4 2025 | - | +3.0 % |
| Bank Bradesco | Q4 2025 | - | +118.7 % |
Argo Group International Holdings Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Argo Group International Holdings Inc | 1.61% | 3.82% | 8.36% |
| Bank Of Montreal | 0.59% | 0.45% | 9.90% |
| Prudential Plc | 1.94% | 1.94% | 19.28% |
| Bank Bradesco | 1.03% | 1.03% | 13.37% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Argo Group International Holdings Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Argo Group International Holdings Inc | 13.73 | 0.24 |
| Bank Of Montreal | 23.49 | 4.46 |
| Prudential Plc | 8.21 | 2.84 |
| Bank Bradesco | 0.75 | 149.18 |
| PEERS AVERAGE | 11.30 | 4.06 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.