AXIS Capital Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	5,715	5,306	5,084	5,160	4,710
Total Interest & Dividend Income	766.9	759.23	611.74	418.83	454.3
Gain (Loss) on Sale of Investments	58.95	-138.53	-74.63	-456.79	134.28
Other Revenue	23.22	30.72	22.5	13.07	23.3
Total Revenue	6,564	5,958	5,643	5,135	5,322
Revenue Growth (YoY)	10.17%	5.57%	9.89%	-3.50%	9.91%
Policy Benefits	3,289	3,158	3,393	3,242	3,009
Policy Acquisition & Underwriting Costs	1,136	1,071	1,001	1,022	925.69
Amortization of Goodwill & Intangibles	9.92	10.92	10.92	10.92	12.42
Selling, General & Administrative	703.93	666.2	684.45	680.34	663.3
Total Operating Expenses	5,139	4,906	5,089	4,956	4,610
Operating Income	1,425	1,051	553.98	179.75	711.53
Interest Expense	-66.66	-67.77	-68.42	-63.15	-62.3
Earnings From Equity Investments	9.45	17.95	4.16	2	32.08
Currency Exchange Gain (Loss)	-141.98	50.82	-58.12	157.95	-0.32
EBT Excluding Unusual Items	1,226	1,053	431.61	276.55	680.99
Merger & Restructuring Charges	-	-26.31	-29	-31.43	-
Pretax Income	1,226	1,026	402.61	245.12	680.99
Income Tax Expense	216.73	-55.6	26.32	22.04	62.38
Net Income	1,009	1,082	376.29	223.08	618.61
Preferred Dividends & Other Adjustments	30.25	30.25	30.25	30.25	30.25
Net Income to Common	978.65	1,052	346.04	192.83	588.36
Net Income Growth	-6.74%	187.49%	68.68%	-63.94%	-
Shares Outstanding (Basic)	78	84	85	85	85
Shares Outstanding (Diluted)	79	85	86	86	85
Shares Change (YoY)	-6.94%	-0.97%	0.40%	0.44%	1.22%
EPS (Basic)	12.52	12.49	4.06	2.27	6.95
EPS (Diluted)	12.35	12.35	4.02	2.25	6.90
EPS Growth	-	207.21%	78.67%	-67.39%	-
Dividend Per Share	1.760	1.760	1.760	1.730	1.690
Dividend Growth	-	-	1.73%	2.37%	2.42%
Operating Margin	21.71%	17.65%	9.82%	3.50%	13.37%
Profit Margin	14.91%	17.65%	6.13%	3.75%	11.06%
EBITDA	1,480	1,107	629.53	248.04	778.5
EBITDA Margin	22.54%	18.58%	11.15%	4.83%	14.63%
D&A For EBITDA	54.87	55.31	75.55	68.29	66.98
EBIT	1,425	1,051	553.98	179.75	711.53
EBIT Margin	21.71%	17.65%	9.82%	3.50%	13.37%
Effective Tax Rate	17.68%	-	6.54%	8.99%	9.16%
Revenue as Reported	6,564	5,958	5,643	5,135	5,322

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.