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
Net Premiums Earned	5,715	5,306	5,084	5,160	4,710
Investment Income	766.9	759.23	611.74	418.83	454.3
Net Gains on Investments	58.95	-138.53	-74.63	-456.79	134.28
Total Other Revenues	23.22	30.72	22.5	13.07	23.3
Revenue	6,564	5,958	5,643	5,135	5,322
Revenue Growth (YoY)	10.17%	5.57%	9.89%	-3.50%	9.91%
Insurance Benefits & Claims	3,289	3,158	3,393	3,242	3,009
Policy Amortization Costs	1,136	1,071	1,001	1,022	921.83
Other Operating Expenses	713.85	703.43	724.36	722.69	679.58
Operating Income	1,425	1,025	524.98	148.33	711.53
Interest Expense	-66.66	-67.77	-68.42	-63.15	-62.3
Other Non-Operating Income (Expense)	-132.53	68.78	-53.95	159.94	31.77
Total Non-Operating Income (Expense)	-199.19	1.01	-122.37	96.79	-30.53
Pretax Income	1,226	1,026	402.61	245.12	680.99
Provision for Income Taxes	216.73	-55.6	26.32	22.04	-
Net Income	978.65	1,052	346.04	192.83	588.36
Net Income Attributable to Preferred Dividends	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	-6.93%	203.88%	79.45%	-67.22%	-
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%	-
Shares Outstanding	74.14	82.98	85.29	84.67	84.77
Free Cash Flow	-40.93	1,845	1,256	798.04	1,198
Free Cash Flow Growth	-	46.93%	57.33%	-33.37%	248.67%
Free Cash Flow Per Share	-0.52	21.66	14.60	9.32	14.04
Dividends Per Share	1.760	1.760	1.760	1.730	1.690
Dividend Growth	-	-	1.73%	2.37%	2.42%
Operating Margin	21.71%	17.21%	9.30%	2.89%	13.37%
Profit Margin	15.37%	18.16%	6.67%	4.34%	11.62%
FCF Margin	-0.62%	30.97%	22.25%	15.54%	22.51%
EBITDA	1,481	1,080	600.53	216.61	782.36
EBITDA Margin	22.57%	18.14%	10.64%	4.22%	14.70%
EBIT	1,425	1,025	524.98	148.33	711.53
EBIT Margin	21.71%	17.21%	9.30%	2.89%	13.37%
Effective Tax Rate	17.68%	-5.42%	6.54%	8.99%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q