AXIS Capital Holdings Limited (AXS)

AXIS Capital Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,013	1,082	376.29	223.08	618.61	-120.42
Depreciation & Amortization	54.29	55.31	75.55	68.29	70.83	70.94
Stock-Based Compensation	43.39	42.73	54.12	48.49	37.74	29.01
Other Adjustments	-149.85	32.15	18.84	394.74	-310.22	-95.59
Changes in Reinsurance Contract Assets	-2,636	-578.47	-920.42	-909.33	-923.67	-817.98
Changes in Deferred Acquisition Costs	-67.75	-74.51	21.5	-10.55	-34.39	60.83
Changes in Unearned Premiums	556.49	482.87	388.75	287.08	409.86	63
Changes in Claims Reserves	734.34	841.73	1,273	544.46	737.34	1,178
Changes in Other Operating Activities	22.88	-38.78	-32.07	151.76	591.58	-24.56
Operating Cash Flow	-315.75	1,845	1,256	798.04	1,198	343.5
Operating Cash Flow Growth	-	46.93%	57.33%	-33.37%	248.67%	72.61%
Purchases of Investments	-8,533	-11,184	-6,861	-8,268	-13,036	-11,343
Proceeds from Sale of Investments	9,514	11,433	6,387	7,649	11,961	11,878
Other Investing Activities	-182.29	31.05	-380.99	-142.65	-121.6	-44.66
Investing Cash Flow	1,103	280.45	-855.61	-761.62	-1,197	489.92
Long-Term Debt Repaid	-	-	-	-	-	-500
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-	-500
Repurchase of Common Stock	-686.67	-215.87	-23.6	-48.98	-10.24	-10.38
Net Common Stock Issued (Repurchased)	-686.67	-215.87	-23.6	-48.98	-10.24	-10.38
Repurchase of Preferred Stock	-	-	-	-	-	-225
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	-225
Common Dividends Paid	-145.9	-151.77	-153.78	-149.34	-145.6	-141.59
Preferred Share Dividends Paid	-30.25	-30.25	-30.25	-30.25	-30.25	-31.83
Other Financing Activities	-9.2	-19.41	5.25	78.95	-	-
Financing Cash Flow	-872.02	-417.29	-202.37	-149.62	-186.1	-908.8
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-28.27	-28.34	11.75	-29.83	-0.07	2.15
Net Cash Flow	-113.25	1,680	209.33	-143.04	-185.54	-73.23
Free Cash Flow	-315.75	1,845	1,256	798.04	1,198	343.5
Free Cash Flow Growth	-	46.93%	57.33%	-33.37%	248.67%	72.61%
FCF Margin	-5.01%	30.97%	22.25%	15.54%	22.51%	7.09%
Free Cash Flow Per Share	-3.89	21.66	14.60	9.32	14.04	4.08
Levered Free Cash Flow	-1,088	897.96	-120.65	-219.91	702.58	-1,298
Unlevered Free Cash Flow	-1,127	910.25	-94.56	-191.65	825.51	-764.59

Updated Oct 29, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q