Axis Cap Hldgs Ltd Financials

AXS

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Axis Cap Hldgs Ltd (AXS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Neutral

5/9

Axis Cap Hldgs Ltd passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.71x

For every $1 of reported earnings, Axis Cap Hldgs Ltd generates $1.71 in operating cash flow ($1.8B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$6.0B

YoY+5.6%

5Y CAGR+2.9%

10Y CAGR+3.2%

Axis Cap Hldgs Ltd generated $6.0B in revenue in fiscal year 2024. This represents an increase of 5.6% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$1.1B

YoY+187.5%

5Y CAGR+27.3%

10Y CAGR+2.9%

Axis Cap Hldgs Ltd reported $1.1B in net income in fiscal year 2024. This represents an increase of 187.5% from the prior year.

EPS (Diluted)

$12.35

YoY+207.2%

5Y CAGR+29.9%

10Y CAGR+5.4%

Axis Cap Hldgs Ltd earned $12.35 per diluted share (EPS) in fiscal year 2024. This represents an increase of 207.2% from the prior year.

Cash & Debt

$2.1B

YoY+124.8%

5Y CAGR+11.5%

10Y CAGR+8.8%

Axis Cap Hldgs Ltd held $2.1B in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.76

YoY+0.0%

5Y CAGR+1.8%

10Y CAGR+4.8%

Axis Cap Hldgs Ltd paid $1.76 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

83M

YoY-2.7%

5Y CAGR-0.2%

10Y CAGR-1.9%

Axis Cap Hldgs Ltd had 83M shares outstanding in fiscal year 2024. This represents a decrease of 2.7% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

18.2%

YoY+11.5pp

5Y CAGR+11.9pp

10Y CAGR-0.5pp

Axis Cap Hldgs Ltd's net profit margin was 18.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 11.5 percentage points from the prior year.

Return on Equity

17.8%

YoY+10.6pp

5Y CAGR+11.9pp

10Y CAGR+3.8pp

Axis Cap Hldgs Ltd's ROE was 17.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 10.6 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$199.9M

10Y CAGR-9.5%

Axis Cap Hldgs Ltd spent $199.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

AXS Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$6.0B+5.6%	$5.6B+9.9%	$5.1B-3.5%	$5.3B+9.9%	$4.8B-6.4%	$5.2B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$666.2M-2.7%	$684.4M+0.6%	$680.3M+2.6%	$663.3M+14.4%	$579.8M-8.7%	$634.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$67.8M-1.0%	$68.4M+8.4%	$63.1M+1.4%	$62.3M-17.0%	$75.0M+10.2%	$68.1M
Income Tax	-$55.6M-311.3%	$26.3M+19.4%	$22.0M-64.7%	$62.4M+606.3%	-$12.3M-152.0%	$23.7M
Net Income	$1.1B+187.5%	$376.3M+68.7%	$223.1M-63.9%	$618.6M+613.7%	-$120.4M-137.2%	$323.5M
EPS (Diluted)	$12.35+207.2%	$4.02+78.7%	$2.25-67.4%	$6.90+485.5%	$-1.79-153.6%	$3.34

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$1.7B+2.5%	$1.6B+7.3%	$1.5B+3.4%	$1.5B+1.5%	$1.5B+1.8%	$1.4B-3.8%	$1.5B+3.3%	$1.4B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$171.6M+6.6%	$161.1M+1.2%	$159.2M-15.9%	$189.2M+27.4%	$148.4M-9.1%	$163.4M-3.8%	$169.8M-5.3%	$179.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$16.7M+0.4%	$16.6M+0.1%	$16.6M-1.1%	$16.8M-1.5%	$17.0M-0.8%	$17.1M-6.5%	$18.3M+11.5%	$16.4M
Income Tax	$70.3M+25.0%	$56.2M+26.8%	$44.3M+328.3%	-$19.4M-147.9%	$40.5M+132.5%	-$124.7M-198.5%	-$41.8M-269.6%	$24.6M
Net Income	$301.9M+35.1%	$223.4M+15.1%	$194.1M-33.9%	$293.6M+38.5%	$212.0M-46.4%	$395.5M+377.4%	-$142.6M-175.8%	$188.1M
EPS (Diluted)	$3.74+37.5%	$2.72+20.4%	$2.26-33.1%	$3.38+40.8%	$2.40-47.0%	$4.53+357.4%	$-1.76-183.8%	$2.10

AXS Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$32.5B+7.5%	$30.3B+9.3%	$27.7B+1.1%	$27.4B+5.8%	$25.9B+1.1%	$25.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.1B+124.8%	$953.5M+26.9%	$751.4M-11.0%	$844.6M-6.5%	$902.8M-27.3%	$1.2B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$66.5M-34.0%	$100.8M0.0%	$100.8M0.0%	$100.8M0.0%	$100.8M-1.2%	$102.0M
Total Liabilities	$26.4B+5.8%	$25.0B+8.4%	$23.0B+4.9%	$22.0B+6.7%	$20.6B+2.6%	$20.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$6.1B+15.7%	$5.3B+13.4%	$4.6B-14.2%	$5.4B+2.2%	$5.3B-4.5%	$5.5B
Retained Earnings	$7.3B+14.0%	$6.4B+3.1%	$6.2B+0.7%	$6.2B+7.7%	$5.8B-4.8%	$6.1B

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$34.3B+0.5%	$34.2B+2.7%	$33.2B+2.2%	$32.5B+1.4%	$32.1B+1.0%	$31.8B+5.0%	$30.3B+2.6%	$29.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$825.9M-3.1%	$852.1M-69.1%	$2.8B+28.6%	$2.1B+96.2%	$1.1B-4.5%	$1.1B+20.0%	$953.5M+7.2%	$889.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$66.5M0.0%	$66.5M0.0%	$66.5M0.0%	$66.5M-34.0%	$100.8M0.0%	$100.8M0.0%	$100.8M0.0%	$100.8M
Total Liabilities	$28.0B0.0%	$28.0B+2.3%	$27.3B+3.5%	$26.4B0.0%	$26.4B+0.6%	$26.3B+5.1%	$25.0B+2.2%	$24.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$6.4B+3.1%	$6.2B+4.6%	$5.9B-3.1%	$6.1B+7.6%	$5.7B+2.8%	$5.5B+4.6%	$5.3B+4.6%	$5.0B
Retained Earnings	$7.9B+3.4%	$7.7B+2.4%	$7.5B+2.1%	$7.3B+5.5%	$7.0B+2.5%	$6.8B+5.4%	$6.4B-2.8%	$6.6B

AXS Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$1.8B+46.9%	$1.3B+57.3%	$798.0M-33.4%	$1.2B+248.7%	$343.5M+72.6%	$199.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$280.5M+132.8%	-$855.6M-12.3%	-$761.6M+36.4%	-$1.2B-344.3%	$489.9M+163.3%	-$774.3M
Financing Cash Flow	-$417.3M-106.2%	-$202.4M-35.3%	-$149.6M+19.6%	-$186.1M+79.5%	-$908.8M-427.5%	$277.5M
Dividends Paid	$151.8M-1.3%	$153.8M+3.0%	$149.3M+2.6%	$145.6M+2.8%	$141.6M+3.2%	$137.2M
Share Buybacks	$199.9M	$0-100.0%	$35.0M	$0	$0	$0

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$673.8M+140.7%	-$1.7B-635.2%	$309.1M-13.1%	$355.5M-31.4%	$518.1M+34.9%	$384.1M+54.0%	$249.4M-32.4%	$368.8M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$566.0M-206.7%	-$184.5M-139.9%	$462.3M-66.8%	$1.4B+323.9%	-$621.2M-394.4%	$211.0M+294.0%	-$108.8M+80.7%	-$564.7M
Financing Cash Flow	-$152.0M-62.7%	-$93.4M+81.7%	-$511.7M-345.2%	-$114.9M-37.4%	-$83.7M+32.3%	-$123.5M-137.8%	-$51.9M-14.2%	-$45.5M
Dividends Paid	$34.4M-1.1%	$34.8M-12.2%	$39.6M+6.6%	$37.1M-0.4%	$37.3M-7.2%	$40.2M+5.2%	$38.2M+1.8%	$37.5M
Share Buybacks	$110.0M+120.0%	$50.0M-88.6%	$440.0M+632.6%	$60.1M+56.6%	$38.4M-37.7%	$61.6M	$0	$0

AXS Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	18.2%+11.5pp	6.7%+2.3pp	4.3%-7.3pp	11.6%+14.1pp	-2.5%-8.7pp	6.3%
Return on Equity	17.8%+10.6pp	7.1%+2.3pp	4.8%-6.6pp	11.4%	N/A	5.8%
Return on Assets	3.3%+2.1pp	1.2%+0.4pp	0.8%-1.4pp	2.3%+2.7pp	-0.5%-1.7pp	1.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	4.34-0.4	4.75-0.2	4.97+0.9	4.06+0.2	3.89+0.3	3.62
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	18.0%+4.3pp	13.7%+0.9pp	12.8%-7.2pp	20.0%+5.3pp	14.6%-13.2pp	27.8%+37.4pp	-9.6%-22.8pp	13.1%
Return on Equity	4.7%+1.1pp	3.6%+0.3pp	3.3%-1.5pp	4.8%+1.1pp	3.8%-3.4pp	7.2%	N/A	3.7%
Return on Assets	0.9%+0.2pp	0.7%+0.1pp	0.6%-0.3pp	0.9%+0.2pp	0.7%-0.6pp	1.3%+1.7pp	-0.5%-1.1pp	0.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	4.39-0.1	4.53-0.1	4.63+0.3	4.34-0.3	4.67-0.1	4.77+0.0	4.75-0.1	4.86
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Axis Cap Hldgs Ltd's annual revenue?

Axis Cap Hldgs Ltd (AXS) reported $6.0B in total revenue for fiscal year 2024. This represents a 5.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Axis Cap Hldgs Ltd's revenue growing?

Axis Cap Hldgs Ltd (AXS) revenue grew by 5.6% year-over-year, from $5.6B to $6.0B in fiscal year 2024.

Is Axis Cap Hldgs Ltd profitable?

Yes, Axis Cap Hldgs Ltd (AXS) reported a net income of $1.1B in fiscal year 2024, with a net profit margin of 18.2%.

What is Axis Cap Hldgs Ltd's earnings per share (EPS)?

Axis Cap Hldgs Ltd (AXS) reported diluted earnings per share of $12.35 for fiscal year 2024. This represents a 207.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Axis Cap Hldgs Ltd's net profit margin?

Axis Cap Hldgs Ltd (AXS) had a net profit margin of 18.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Axis Cap Hldgs Ltd pay dividends?

Yes, Axis Cap Hldgs Ltd (AXS) paid $1.76 per share in dividends during fiscal year 2024.

What is Axis Cap Hldgs Ltd's return on equity (ROE)?

Axis Cap Hldgs Ltd (AXS) has a return on equity of 17.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Axis Cap Hldgs Ltd's operating cash flow?

Axis Cap Hldgs Ltd (AXS) generated $1.8B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Axis Cap Hldgs Ltd's total assets?

Axis Cap Hldgs Ltd (AXS) had $32.5B in total assets as of fiscal year 2024, including both current and long-term assets.

Does Axis Cap Hldgs Ltd buy back shares?

Yes, Axis Cap Hldgs Ltd (AXS) spent $199.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Axis Cap Hldgs Ltd have outstanding?

Axis Cap Hldgs Ltd (AXS) had 83M shares outstanding as of fiscal year 2024.

What is Axis Cap Hldgs Ltd's debt-to-equity ratio?

Axis Cap Hldgs Ltd (AXS) had a debt-to-equity ratio of 4.34 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Axis Cap Hldgs Ltd's return on assets (ROA)?

Axis Cap Hldgs Ltd (AXS) had a return on assets of 3.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Axis Cap Hldgs Ltd's Piotroski F-Score?

Axis Cap Hldgs Ltd (AXS) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Axis Cap Hldgs Ltd's earnings high quality?

Axis Cap Hldgs Ltd (AXS) has an earnings quality ratio of 1.71x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.