AXIS Capital Holdings Ltd (AXS)

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. The company operates through two segments, Insurance and Reinsurance. Its Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, environmental liability, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism. This segment also provides marine and aviation insurance services for offshore energy, offshore renewable energy, ocean marine, cargo, liability, including kidnap and ransom, fine art, specie, and hull war, hull and liability, and specific war coverage for passenger airlines, cargo operations, general aviation operations, airports, aviation authorities, security firms, and product manufacturers; personal accident, travel insurance, specialty health products for employer and affinity groups, and pet insurance products; and liability, cyber, and credit and political risk insurance services. The Reinsurance segment offers agriculture, marine and aviation, catastrophe, accident and health, credit and surety, motor, professional, travel, life, engineering, property, and liability reinsurance products. AXIS Capital Holdings Limited was founded in 2001 and is headquartered in Pembroke, Bermuda.

Ticker
AXS
Exchange
NYSE
Sector
Financial Services
Industry
Insurance - Specialty
Market cap
$7.64B
52-week range
$93.02 - $119.99

Valuation

Share price
$105.97 (close of Nov 6, 2026)
P/E (TTM)
8.03x
Price to book
1.21x
Price to free cash flow
2.93x
Enterprise value
$8.07B
Book value per share
$87.39

Price performance

PeriodChange
1 day-1.82%
5 days+1.05%
1 month+10.20%
3 months+1.46%
6 months+6.64%
Year to date-1.05%
1 year+8.59%
3 years+96.90%
5 years+99.49%
10 years+82.74%
All time+314.76%

Short interest

As of
Oct 15, 2026
Short % of float
3.13%
Shares short
2.24M
Days to cover
3.27
Change since prior report
+5.17%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
15.87%
Return on assets
2.93%
Net margin
15.37%
Revenue growth
10.17%
Net income growth
-6.74%
Free cash flow growth
-105.05%

Cash flow and balance sheet

Free cash flow yield (TTM)
34.08%
Net debt to EBITDA
0.34x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$6.56B
Net income
$1.01B
Earnings per share
$12.52
Interest expense
$66.66M
Shares outstanding
78.19M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$6.56B$1.01B$12.52
2024-12-31$5.96B$1.08B$12.49
2023-12-31$5.64B$376.29M$4.06
2022-12-31$5.14B$223.08M$2.27
2021-12-31$5.32B$618.61M$6.95
2020-12-31$4.84B-$120.42M-$1.79
2019-12-31$5.17B$323.47M$3.37
2018-12-31$5.09B$43.02M$0.52
2017-12-31$4.59B-$368.97M-$4.94
2016-12-31$4.01B$513.37M$5.13

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3115.37%15.87%
2024-12-3118.16%17.77%
2023-12-316.67%7.15%
2022-12-314.34%4.81%
2021-12-3111.62%11.43%
2020-12-31-2.49%-2.27%
2019-12-316.25%5.83%
2018-12-310.85%0.86%
2017-12-31-8.04%-6.91%
2016-12-3112.82%8.18%

Cash and debt by year

Period endCash
2025-12-31$820.25M
2024-12-31$2.14B
2023-12-31$953.48M
2022-12-31$751.41M
2021-12-31$844.59M
2020-12-31$902.83M
2019-12-31$1.24B
2018-12-31$1.23B
2017-12-31$948.63M
2016-12-31$1.04B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31-$92.21M$45.21M
2024-12-31$1.83B$42.73M
2023-12-31$1.22B$54.12M
2022-12-31$761.21M$48.49M
2021-12-31$1.16B$37.74M
2020-12-31$343.50M$29.00M
2019-12-31$199.00M$32.49M
2018-12-31$10.77M$34.35M
2017-12-31$259.23M$12.67M
2016-12-31$406.72M$52.21M

Dividend history

Most recent payment
Sep 30, 2026
Payment dateDividend per share
2026-09-30$0.44
2026-06-30$0.44
2026-03-31$0.44
2025-06-30$0.44
2025-03-31$0.44
2024-12-31$0.44
2024-09-30$0.44
2024-06-28$0.44

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-28Sep 2026$2.97
2026-07-28Jun 2026$3.23
2026-04-29Mar 2026$3.23
2026-01-28Dec 2025$2.97
2025-10-29Sep 2025$2.72
2025-07-29Jun 2025$2.88
2025-05-16--
2025-04-30Mar 2025$2.64

Filings and sources

Company website
axiscapital.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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