Axis Capital Holdings $AXS Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up AXIS CAPITAL HOLDINGS LIMITED ($AXS). Last filing: 10-Q, 2026-07-28. 14 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $6.6B (FY2025). Experience: revenue up 10.2% on the year, up 5.4% a year over 4 years. Soundness: equity 18.4% of assets, return on equity 15.9%, payout 14.1% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $6.3B and $7.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $5.8B to $8.4B. A statistical range, not company guidance. Against peers (54 filers, $50M+ revenue, fire, marine & casualty insurance): growth 10.2% against 7.4%.
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | −$41M · −$629M · −$1.1B · — |
| Investment book (cash · short · long) | $820M · $364M · $8.1B · unrealized $82M |
| Revenue swing · equity of assets | 6.2% · 18.4% |
Axis Capital Holdings is growing faster than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $6.6B |
| Revenue, on the year | 10.2% |
| Revenue, a year over the record | 5.4% |
| Operating margin | — |
| Operating margin, prior year | — |
| Net margin | 15.4% |
| Research and development | not filed separately |
| Total debt | — |
| Equity of assets | 18.4% |
| Return on equity | 15.9% |
| Payout of profit | 14.1% |
| Dividend per share | $1.76 |
| Earnings per share | $12.52 |
| Book value per share | $80.19 |
| Revenue per share | $82.81 |
| Shares outstanding | 79,266,000 |
| Audited years read | 5 |
Peers: the median of 54 filers with $50M+ revenue in fire, marine & casualty insurance.
Health HarborAxis Capital Holdings sails as: Sound ship
Health watch · 12 monthsDirector or officer change ×5
Sailing speed follows growth: 8.5% a year crosses the harbor in 54 seconds.
🌊 Visit the Bay →- operating cash flow was negative
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 10-Q · 2026-07-28
- 8-K · 2026-07-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-15 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- 8-K · 2026-05-18 · 5.07 Submission of Matters to a Vote of Security Holders
- 10-Q · 2026-04-29
- 8-K · 2026-04-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company