AXIS Capital Holdings Limited (AXS)

AXIS Capital Holdings Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	5,854	5,715	5,306	5,084	5,160	4,710
Investment Income	743.93	766.9	759.23	611.74	418.83	454.3
Net Gains on Investments	61.73	58.95	-138.53	-74.63	-456.79	134.28
Total Other Revenues	25.29	23.22	30.72	22.5	13.07	23.3
Revenue	6,685	6,564	5,958	5,643	5,135	5,322
Revenue Growth (YoY)	10.40%	10.17%	5.57%	9.89%	-3.50%	9.91%
Insurance Benefits & Claims	3,370	3,289	3,158	3,393	3,242	3,009
Policy Amortization Costs	1,176	1,136	1,071	1,001	1,022	925.69
Other Operating Expenses	735.68	713.85	703.43	724.36	722.69	675.73
Operating Income	1,403	1,425	1,025	524.98	148.33	711.53
Interest Expense	-66.51	-66.66	-67.77	-68.42	-63.15	-62.3
Other Non-Operating Income (Expense)	-48.75	-141.98	50.82	-58.12	157.95	-0.32
Total Non-Operating Income (Expense)	-115.27	-208.64	-16.94	-126.54	94.8	-62.62
Pretax Income	1,288	1,216	1,008	398.45	243.13	648.91
Provision for Income Taxes	-228.22	-216.73	55.6	-26.32	-22.04	-62.38
Net Income	1,039	978.65	1,052	346.04	192.83	588.36
Minority Interest in Earnings	-9.59	-9.45	-17.95	-4.16	-2	-32.08
Net Income Attributable to Preferred Dividends	30.25	30.25	30.25	30.25	30.25	30.25
Net Income to Common	1,039	978.65	1,052	346.04	192.83	588.36
Net Income Growth	22.25%	-6.93%	203.88%	79.45%	-67.22%	-
Shares Outstanding (Basic)	76	78	84	85	85	85
Shares Outstanding (Diluted)	77	79	85	86	86	85
Shares Change (YoY)	-8.15%	-6.94%	-0.97%	0.40%	0.44%	1.22%
EPS (Basic)	13.61	12.52	12.49	4.06	2.27	6.95
EPS (Diluted)	13.42	12.35	12.35	4.02	2.25	6.90
EPS Growth	33.13%	-	207.21%	78.67%	-67.39%	-
Shares Outstanding	73.94	74.14	82.98	85.29	84.67	84.77
Free Cash Flow	169.39	-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	2.19	-0.52	21.66	14.60	9.32	14.04
Dividends Per Share	1.760	1.760	1.760	1.760	1.730	1.690
Dividend Growth	-	-	-	1.73%	2.37%	2.42%
Operating Margin	20.99%	21.71%	17.21%	9.30%	2.89%	13.37%
Profit Margin	22.68%	21.83%	15.99%	7.53%	5.16%	13.37%
FCF Margin	2.53%	-0.62%	30.97%	22.25%	15.54%	22.51%
EBITDA	1,460	1,481	1,080	600.53	216.61	778.5
EBITDA Margin	21.85%	22.57%	18.14%	10.64%	4.22%	14.63%
EBIT	1,403	1,425	1,025	524.98	148.33	711.53
EBIT Margin	20.99%	21.71%	17.21%	9.30%	2.89%	13.37%
Effective Tax Rate	-17.72%	-17.82%	5.51%	-6.60%	-9.06%	-9.61%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q