ARX vs MAX
ARX: A technology-powered specialty insurance marketplace connecting MGAs and institutional capital providers to optimize risk pricing, reduce operational friction, and drive member profitability. MAX: MediaAlpha is a leading programmatic customer acquisition marketplace connecting insurance carriers with high-intent consumers via a data-driven technology platform.
Side-by-side fundamentals
| Metric | ARX | MAX | Edge |
|---|---|---|---|
| Price as of 2026-07-31 close | $11.88 | $12.38 | |
| Market cap as of 2026-08-03 | $2.6B | $758M | |
| P/E as of 2026-08-03 | n/a | 27.33 | |
| Net margin as of 2026-08-03 | -140.7% | +3.4% | MAX higher |
| Gross margin as of 2026-08-03 | n/a | +14.9% | |
| Operating margin as of 2026-08-03 | -136.1% | +3.8% | MAX higher |
| ROE as of 2026-08-03 | -217.1% | +1411.0% | MAX higher |
| ROA as of 2026-08-03 | -17.0% | +12.3% | MAX higher |
| Debt / equity as of 2026-08-03 | 0.17 | 85.29 | ARX lower |
| Revenue growth (YoY) as of 2026-08-03 | +53.8% | +15.7% | ARX higher |
| Revenue CAGR (3y) SEC XBRL | +62.9% | +34.4% | ARX higher |
| Beta as of 2026-08-03 | 0.11 | 0.89 | |
| 1-year return as of 2026-07-31 close | -56.9% | +23.6% | MAX higher |
Fundamentals: market data, as of 2026-08-03. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-31.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.