Axis Capital Holdings Limited

AXS Financial Insurance Specialty

Axis Capital Holdings Limited’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, up 10.2% from fiscal 2024.

Revenue
+6.91%
EPS
−24.1%
Free cash flow
+31.7%
Total debt
−4.85%

Quarter to September 2026, against a year earlier

107.45 0.33 −0.31%
Market cap
$7.7B
P/E
8.0×
Fwd P/E
8.2×
Dividend yield
1.64%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Axis Capital Holdings Limited (AXS) Free cash flow margin

Alert me on Free cash flow margin

Axis Capital Holdings Limited's free cash flow margin over the twelve months to 30 September 2026 was 37.6%, up 38.2 percentage points from fiscal 2025 (−0.62%). Over the past ten years it has ranged from −0.62% (fiscal 2025) to 31.0% (fiscal 2024) — the current reading is the lowest in ten years. That is above the Insurance Specialty industry median of 34.5% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −0.62% (31.59)
FY2024 31.0% 9.27
FY2023 21.7% 6.88
FY2022 14.8% (6.96)
FY2021 21.8% 15.61
FY2020 6.17% 3.54
FY2019 2.63% 2.91
FY2018 −0.28% (5.00)
FY2017 4.72% (4.76)
FY2016 9.48% (8.86)

Against its own ten years

Low −0.62% High 31.0%
Ten-year median 9.48%
Current reading's percentile 9

Free cash flow margin against peers

Company Free cash flow margin
RDN Radian Group Inc. compare 84.5%
ESNT Essent Group Ltd. compare 62.4%
NMIH NMI Holdings Inc compare 60.4%
MTG MGIC Investment Corporation compare 59.5%
ACT Enact Holdings, Inc. compare 56.8%
AXS Axis Capital Holdings Limited 37.6%
FNF Fidelity National Financial, Inc. compare 35.3%
AGO Assured Guaranty Ltd. compare 34.5%
FAF First American Financial Corporation compare 9.96%
Insurance Specialty industry median 34.5%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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