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
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Axis Capital Holdings Limited (AXS) Gross margin
Axis Capital Holdings Limited's gross margin over the twelve months to 30 September 2026 was 28.7%, down 3.9 percentage points from fiscal 2025 (32.6%). Over the past ten years it has ranged from 10.5% (fiscal 2017) to 32.6% (fiscal 2025) — the current reading is the highest in ten years. That is below the Insurance Specialty industry median of 56.2% and below the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 32.6% | 3.56 |
| FY2024 | 29.0% | 6.88 |
| FY2023 | 22.1% | 5.18 |
| FY2022 | 17.0% | (9.18) |
| FY2021 | 26.1% | 13.10 |
| FY2020 | 13.0% | (8.30) |
| FY2019 | 21.3% | 3.05 |
| FY2018 | 18.3% | 7.83 |
| FY2017 | 10.5% | (15.87) |
| FY2016 | 26.3% | (3.60) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 24.8% | (3.97) |
| Jun 2026 | 28.7% | 0.00 |
| Mar 2026 | 28.7% | (3.83) |
| Dec 2025 | 32.6% | (0.13) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| FAF First American Financial Corporation compare | 100.0% |
| AGO Assured Guaranty Ltd. compare | 99.0% |
| NMIH NMI Holdings Inc compare | 89.9% |
| MTG MGIC Investment Corporation compare | 76.6% |
| RDN Radian Group Inc. compare | 69.2% |
| ESNT Essent Group Ltd. compare | 64.5% |
| FNF Fidelity National Financial, Inc. compare | 55.9% |
| AXS Axis Capital Holdings Limited | 28.7% |
| ACT Enact Holdings, Inc. compare | 0.00% |
| Insurance Specialty industry median | 56.2% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on AXS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement