Axis Capital Holdings LTD income statement
In fiscal 2025, Axis Capital Holdings LTD reported revenue of $6.56bn, up 10.2% on the year before and net income of $1.01bn, or $12.35 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,815 | 3,551 | 3,801 | 3,927 | 4,196 | 4,347 | 4,130 | 4,006 | 4,592 | 5,090 | 5,173 | 4,842 | 5,322 | 5,135 | 5,643 | 5,958 | 6,564 | 6,921 |
| Selling, general and administrative | 370 | 450 | 459 | 561 | 575 | 622 | 597 | 603 | 579 | 627 | 635 | 580 | 663 | 680 | 684 | 666 | 704 | 710 |
| Interest expense | 32 | 56 | 63 | 62 | 62 | 75 | 51 | 51 | 55 | 67 | 68 | 75 | 62 | 63 | 68 | 68 | 67 | 67 |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 6 | 22 | 3 | 1 |
| Income before tax | 540 | 895 | 62 | 551 | 734 | 830 | 645 | 520 | −377 | 14 | 347 | −133 | 681 | 245 | 403 | 1,026 | 1,226 | 1,220 |
| Income tax | 42 | 39 | 15 | 3 | 7 | 26 | 3 | 6 | −8 | −29 | 24 | −12 | 62 | 22 | 26 | −56 | 217 | 213 |
| Net income | 498 | 857 | 46 | 547 | 727 | 811 | 642 | 513 | −369 | 43 | 323 | −120 | 619 | 223 | 376 | 1,082 | 1,009 | 1,012 |
| Diluted EPS | $3.07 | $6.02 | $0.07 | $4.00 | $5.93 | $7.29 | $6.04 | $5.08 | −$4.94 | $0.00 | $3.34 | −$1.79 | $6.90 | $2.25 | $4.02 | $12.35 | $12.35 | $13.51 |
| Diluted shares (average) | 150m | 136m | 128m | 124m | 115m | 106m | 100m | 92m | 84m | 84m | 84m | 84m | 85m | 86m | 86m | 85m | 79m | 75m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,472 | 1,522 | 1,633 | 1,674 | 1,734 | 1,644 | 1,753 | 1,790 |
| Selling, general and administrative | 189 | 159 | 161 | 172 | 212 | 158 | 165 | 175 |
| Interest expense | 17 | 17 | 17 | 17 | 17 | 16 | 17 | 17 |
| Provision for credit losses | 8 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
| Income before tax | 274 | 236 | 280 | 370 | 339 | 308 | 316 | 256 |
| Income tax | −19 | 44 | 56 | 70 | 46 | 56 | 61 | 49 |
| Net income | 294 | 194 | 223 | 302 | 290 | 255 | 258 | 209 |
| Diluted EPS | $3.38 | $2.26 | $2.72 | $3.74 | $3.65 | $3.29 | $3.38 | $2.75 |
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