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

106.03 1.90 −1.76%
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) Operating margin

Alert me on Operating margin

Axis Capital Holdings Limited's operating margin over the twelve months to 30 September 2026 was 18.2%, down 3.5 percentage points from fiscal 2025 (21.7%). Over the past ten years it has ranged from −3.31% (fiscal 2017) to 21.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Specialty industry median of 15.2% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 21.7% 4.06
FY2024 17.7% 7.83
FY2023 9.82% 6.32
FY2022 3.50% (9.87)
FY2021 13.4% 12.65
FY2020 0.72% (7.61)
FY2019 8.33% 6.02
FY2018 2.31% 5.62
FY2017 −3.31% (14.59)
FY2016 11.3% (4.20)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 14.7% (4.50)
Jun 2026 19.2% 0.23
Mar 2026 19.0% (1.24)
Dec 2025 20.2% (2.10)
43 more quarters

Against its own ten years

Low −3.31% High 21.7%
Ten-year median 9.82%
Current reading's percentile 88

Operating margin against peers

Company Operating margin
MTG MGIC Investment Corporation compare 76.2%
NMIH NMI Holdings Inc compare 73.2%
ESNT Essent Group Ltd. compare 64.5%
RDN Radian Group Inc. compare 48.7%
AGO Assured Guaranty Ltd. compare 46.4%
AXS Axis Capital Holdings Limited 18.2%
FAF First American Financial Corporation compare 15.2%
FNF Fidelity National Financial, Inc. compare 12.9%
ACT Enact Holdings, Inc. compare 0.00%
Insurance Specialty industry median 15.2%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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