(AXS) AXIS Capital Holdings - Overview
Stock: Insurance, Reinsurance, Marine, Aviation, Property
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.73% |
| Yield on Cost 5y | 4.04% |
| Yield CAGR 5y | 1.02% |
| Payout Consistency | 99.6% |
| Payout Ratio | 13.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 22.5% |
| Relative Tail Risk | 0.53% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.60 |
| Alpha | 11.20 |
| Character TTM | |
|---|---|
| Beta | 0.483 |
| Beta Downside | 0.554 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.17% |
| CAGR/Max DD | 1.24 |
Description: AXS AXIS Capital Holdings January 07, 2026
AXIS Capital Holdings Ltd (NYSE:AXS) operates two core businesses-Insurance and Reinsurance-delivering specialty coverages across Bermuda, the United States, and global markets. The Insurance segment writes a broad suite of professional liability, property, marine, aviation, personal accident, travel, health, cyber, and political-risk policies for commercial, financial, and nonprofit clients, while the Reinsurance segment provides treaty and facultative capacity across lines such as agriculture, catastrophe, credit, motor, and life.
Key performance metrics from the most recent FY2023 filing show a combined ratio of roughly 95% for the Insurance segment and a net income of $210 million, reflecting a modest improvement in underwriting profitability after a loss-laden 2022 driven by elevated natural-catastrophe losses. The company’s risk-based capital (RBC) ratio stood at 300%, indicating a strong capital buffer relative to statutory requirements.
Sector drivers that materially affect AXIS’s outlook include the rising frequency and severity of climate-related catastrophes, which pressure reinsurance pricing and loss reserves, and the accelerating demand for cyber and political-risk insurance as corporate exposures to digital threats and geopolitical instability expand. Additionally, the low-interest-rate environment compresses investment-income yields, making underwriting results a more critical source of earnings.
Assuming the current underwriting discipline persists and the firm continues to diversify its portfolio into higher-margin cyber and renewable-energy lines, the upside potential hinges on its ability to manage catastrophe exposure without eroding capital ratios.
For a deeper quantitative breakdown, the ValueRay platform offers a granular view of AXS’s risk-adjusted returns and capital efficiency.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 1.01b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -6.42 > 1.0 |
| NWC/Revenue: -88.58% < 20% (prev 296.0%; Δ -384.6% < -1%) |
| CFO/TA -0.01 > 3% & CFO -315.8m > Net Income 1.01b |
| Net Debt (282.1m) to EBITDA (1.33b): 0.21 < 3 |
| Current Ratio: 0.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (76.8m) vs 12m ago -9.80% < -2% |
| Gross Margin: 36.07% > 18% (prev 0.30%; Δ 3577 % > 0.5%) |
| Asset Turnover: 19.85% > 50% (prev 18.51%; Δ 1.34% > 0%) |
| Interest Coverage Ratio: 14.04 > 6 (EBITDA TTM 1.33b / Interest Expense TTM 66.7m) |
Altman Z'' 0.19
| A: -0.18 (Total Current Assets 14.34b - Total Current Liabilities 20.04b) / Total Assets 32.32b |
| B: 0.25 (Retained Earnings 8.18b / Total Assets 32.32b) |
| C: 0.03 (EBIT TTM 936.2m / Avg Total Assets 32.42b) |
| D: 0.32 (Book Value of Equity 8.21b / Total Liabilities 25.97b) |
| Altman-Z'' Score: 0.19 = B |
What is the price of AXS shares?
Over the past week, the price has changed by +2.44%, over one month by +1.02%, over three months by +10.57% and over the past year by +17.17%.
Is AXS a buy, sell or hold?
- StrongBuy: 4
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the AXS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 121.5 | 13.9% |
| Analysts Target Price | 121.5 | 13.9% |
| ValueRay Target Price | 128.4 | 20.4% |
AXS Fundamental Data Overview February 01, 2026
P/E Forward = 7.5873
P/S = 1.2289
P/B = 1.369
P/EG = -10.28
Revenue TTM = 6.44b USD
EBIT TTM = 936.2m USD
EBITDA TTM = 1.33b USD
Long Term Debt = 1.32b USD (from longTermDebt, last quarter)
Short Term Debt = 109.0m USD (from shortTermDebt, two quarters ago)
Debt = 1.60b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 282.1m USD (from netDebt column, last quarter)
Enterprise Value = 8.35b USD (8.07b + Debt 1.60b - CCE 1.32b)
Interest Coverage Ratio = 14.04 (Ebit TTM 936.2m / Interest Expense TTM 66.7m)
EV/FCF = -26.44x (Enterprise Value 8.35b / FCF TTM -315.8m)
FCF Yield = -3.78% (FCF TTM -315.8m / Enterprise Value 8.35b)
FCF Margin = -4.91% (FCF TTM -315.8m / Revenue TTM 6.44b)
Net Margin = 15.68% (Net Income TTM 1.01b / Revenue TTM 6.44b)
Gross Margin = 36.07% ((Revenue TTM 6.44b - Cost of Revenue TTM 4.11b) / Revenue TTM)
Gross Margin QoQ = 50.45% (prev 33.44%)
Tobins Q-Ratio = 0.26 (Enterprise Value 8.35b / Total Assets 32.32b)
Interest Expense / Debt = 1.05% (Interest Expense 16.8m / Debt 1.60b)
Taxrate = 13.70% (46.0m / 335.6m)
NOPAT = 808.0m (EBIT 936.2m * (1 - 13.70%))
Current Ratio = 0.72 (Total Current Assets 14.34b / Total Current Liabilities 20.04b)
Debt / Equity = 0.25 (Debt 1.60b / totalStockholderEquity, last quarter 6.36b)
Debt / EBITDA = 0.21 (Net Debt 282.1m / EBITDA 1.33b)
Debt / FCF = -0.89 (negative FCF - burning cash) (Net Debt 282.1m / FCF TTM -315.8m)
Total Stockholder Equity = 6.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.11% (Net Income 1.01b / Total Assets 32.32b)
RoE = 16.27% (Net Income TTM 1.01b / Total Stockholder Equity 6.20b)
RoCE = 12.45% (EBIT 936.2m / Capital Employed (Equity 6.20b + L.T.Debt 1.32b))
RoIC = 11.58% (NOPAT 808.0m / Invested Capital 6.98b)
WACC = 6.57% (E(8.07b)/V(9.67b) * Re(7.69%) + D(1.60b)/V(9.67b) * Rd(1.05%) * (1-Tc(0.14)))
Discount Rate = 7.69% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -5.08%
Fair Price DCF = unknown (Cash Flow -315.8m)
EPS Correlation: 45.73 | EPS CAGR: 12.49% | SUE: 0.52 | # QB: 0
Revenue Correlation: 92.45 | Revenue CAGR: 7.86% | SUE: 2.12 | # QB: 2
EPS next Quarter (2026-03-31): EPS=3.45 | Chg30d=+0.055 | Revisions Net=+6 | Analysts=11
EPS current Year (2026-12-31): EPS=13.27 | Chg30d=+0.095 | Revisions Net=+4 | Growth EPS=+2.7% | Growth Revenue=+6.9%
EPS next Year (2027-12-31): EPS=14.38 | Chg30d=-0.005 | Revisions Net=+2 | Growth EPS=+8.4% | Growth Revenue=+6.7%