Axis Capital Holdings vs Hanover Insurance Group
Axis Capital Holdings and Hanover Insurance Group are similar in size: $6.56bn and $6.59bn of revenue in their latest fiscal years. Axis Capital Holdings grew faster (10.2% against 5.7%). Axis Capital Holdings kept more of each dollar of sales as profit: a net margin of 15.4% against 10.0%. Axis Capital Holdings carries less debt relative to equity (0.0% against 34.1%).
| Latest fiscal year | Axis Capital HoldingsAXS, 2025 | Hanover Insurance GroupTHG, 2025 |
|---|---|---|
| Revenue | $6.56bn | $6.59bn |
| Revenue growth | 10.2% | 5.7% |
| Net income | $1.01bn | $663m |
| Operating margin | — | 14.1% |
| Net margin | 15.4% | 10.0% |
| Return on equity | 16.2% | 20.7% |
| Free cash flow | — | $1.17bn |
| Cash | $820m | $1.12bn |
| Total debt | $0 | $1.22bn |
| Debt to equity | 0.0% | 34.1% |
| Dividend per share | $1.76 | — |
| Dividend yield | — | 1.5% |
| Share buybacks | $888m | $129m |
| Employees | 1,966 | 4,900 |
| Market value | $7.64bn | $8.82bn |
| Price vs our value range | — | — |
| Moat score | 62 (Moderate) | 60 (Moderate) |
| Insider trades, 12 months | 0 buys, 3 sales | 0 buys, 30 sales |