ES
MARKETS / NYSE / AXS
NYSE · FIRE, MARINE & CASUALTY INSURANCE · LARGE CAP

Axis Capital Holdings Limited AXS

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$6.6B
▲ 10.2% vs FY2024
EPS · FY25
$12.35
Dividend / sh · FY25
$1.76
Payout · FY25
14%
ROE · FY25
16.2%
Net margin · FY25
15.4%
Dividend coverage
7.0×
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Result
USD 6.6B
Revenue, FY2025 · full 18-year series below
Revenue Net income
24686.61.02008201120142017202020232025
24686.61.02016201920222025

15 cents of every revenue dollar became profit this year.

Per share
USD 12.35
Diluted EPS, FY2025
EPS Dividend
510151.7612.352008201120142017202020232025
510151.7612.352016201920222025

Earnings covered the dividend 7.0 times — the rest stayed in the company.

Profitability
16.2%
Return on equity, FY2025
ROE
510152016.2%2008201120142017202020232025
510152016.2%2016201920222025
Operating margin18.7%
Net margin15.4%
Return on assets3.0%

Each USD of equity produced 16 cents of profit this year.

Returned to shareholders
USD 1.0B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 142.7M
Net buybacksUSD 887.7M
Share of profit102.1%
Consecutive raises—

USD 142.7M in dividends and USD 887.7M in buybacks — 102% of the year's profit, so the payout drew on cash built up earlier.

Growth
+6.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+8.5%
+6.3%
+4.7%
+4.2%
Net income
+65.4%
+4.6%
+1.1%
EPS, diluted
+76.4%
+7.4%
+4.9%
Dividend / share
+0.6%
+1.3%
+3.7%
+4.9%
Returned to shareholders
+77.5%
+48.7%
+9.2%
+1.6%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.07B
Shares outstanding, FY2025
0.130.072008201120142017202020232025
0.090.072016201920222025
Change, 5 years−12.1%
Change, 10 years−22.8%

The share count shrank 12% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 34.5B
total assets, end of FY2025
Total assetsUSD 34.5B
EquityUSD 6.4B
CashUSD 820.3M
Gross debtUSD 1.3B
Net debtUSD 496.5M

Net debt stands at 8% of equity.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
6.6
6.0
5.6
5.1
5.3
4.8
5.2
5.1
4.6
4.0
4.1
4.3
4.2
3.9
3.8
3.6
2.8
2.8
Operating income $B
1.2
1.0
0.4
0.2
0.7
−0.1
0.3
0.0
−0.4
0.5
0.6
0.8
·
0.6
0.1
0.9
·
·
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
0.2
−0.1
0.0
0.0
0.1
−0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
1.0
1.1
0.4
0.2
0.6
−0.1
0.3
0.0
−0.4
0.5
0.6
0.8
0.7
0.5
0.0
0.9
0.5
0.4
EPS, diluted $
12.35
12.35
4.02
2.25
6.90
−1.79
3.34
0.00
−4.94
5.08
6.04
7.29
5.93
4.00
0.07
6.02
3.07
2.26
Dividend / sh $
1.76
1.76
1.76
1.73
1.69
1.65
1.61
1.57
1.53
1.43
1.22
1.10
1.02
0.97
0.93
0.86
0.81
0.76
Payout %
14
14
41
67
24
−118
42
310
−37
26
18
15
16
22
446
13
23
27
ROE %
16.2
19.1
7.6
4.4
11.6
−2.2
6.1
0.8
−6.4
8.5
11.0
13.9
12.5
9.8
0.8
15.2
·
·
Shares out B
0.07
0.08
0.09
0.08
0.08
0.08
0.08
0.08
0.08
0.09
0.10
0.10
0.11
0.12
0.13
0.11
0.13
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
34 of 34
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed