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AXSAXIS Capital Holdings Limited
$100.99$7.4B
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AXIS Capital Holdings Limited (AXS) Quarterly Financial Ratios

Last 48 quarters of trend data · Financial Services · Insurance - Property & Casualty

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

AXIS Capital Holdings Limited's quarterly P/E stands at 7.7x, down 30.5% year-over-year — suggesting improving earnings relative to price.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →8.187.717.296.409.5411.096.559.767.363.59—6.718.06
—-30.5%+11.3%-34.4%+29.7%+209.0%—+45.4%-8.7%-47.1%——-81.9%
P/S Ratio1.131.161.191.121.341.411.191.111.020.970.830.820.85
—-17.6%-0.4%+0.8%+30.5%+45.7%+42.8%+36.1%+20.1%+10.3%-1.5%+7.5%-12.1%
P/B Ratio1.261.191.291.191.331.401.241.111.071.010.900.960.92
—-14.6%+4.4%+7.3%+25.2%+38.2%+38.2%+15.3%+15.8%+7.3%-10.3%+0.7%-11.7%
P/FCF—3.673.262.82—6.685.312.882.913.714.053.572.91
—-45.1%-38.5%-2.2%—+80.3%+31.0%-19.4%+0.1%-29.6%—+38.5%-11.2%
EV / EBITDA6.336.644.714.486.386.994.927.556.255.24—5.696.45
—-5.0%-4.3%-40.7%+2.1%+33.5%—+32.9%-3.2%-16.7%—-90.2%-79.2%
EV / EBIT6.626.705.334.456.316.924.867.476.175.18—6.066.44
—-3.2%+9.8%-40.5%+2.3%+33.4%—+23.4%-4.2%-16.8%—-92.5%-79.3%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

AXIS Capital Holdings Limited's operating margin was 18.7% in Q1 2026, down 0.6 pp QoQ and up 2.7 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. Gross margin expanded 66.1% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin49.9%47.2%50.4%33.4%30.0%28.4%30.1%27.2%29.9%31.9%0.6%29.4%26.9%
—+66.1%+67.8%+23.1%+0.5%-10.9%+4565.6%-7.6%+11.2%+10.4%-97.0%+118.2%+44.4%
Operating Margin18.7%18.7%19.3%21.9%18.2%16.1%16.8%14.9%16.6%18.7%-13.1%14.1%13.0%
—+16.6%+14.9%+46.3%+9.4%-13.9%+228.4%+5.6%+27.8%+26.1%-327.9%+8938.2%+471.1%
Net Margin15.4%15.5%16.7%17.8%14.5%13.2%18.5%11.9%14.4%27.4%-10.1%12.7%11.1%
—+17.2%-9.9%+49.9%+0.6%-51.7%+283.9%-6.2%+29.4%+103.5%-384.6%+1946.4%+304.1%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE16.2%4.0%4.6%4.8%3.7%3.2%4.8%3.1%3.8%7.3%-2.8%3.7%3.0%
—+23.6%-5.6%+56.4%-2.6%-55.9%+274.2%-17.7%+25.8%+95.8%-356.5%+1903.2%+326.4%
ROA3.0%0.7%0.8%0.9%0.7%0.6%0.9%0.6%0.7%1.3%-0.5%0.6%0.5%
—+23.5%-6.2%+58.0%-0.2%-53.8%+288.0%-12.8%+27.6%+99.2%-369.8%+1965.6%+314.8%
ROIC14.8%3.7%4.5%5.0%4.2%4.1%3.8%2.7%3.1%3.5%-2.4%2.9%2.4%
—-10.4%+18.6%+86.7%+36.2%+18.1%+255.0%-6.0%+27.8%+28.1%-305.1%+8721.1%+502.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

AXIS Capital Holdings Limited's Debt/EBITDA ratio is 4.8x, up from 0.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 77.4% YoY to 2.53x, tightening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.230.230.020.020.020.250.020.250.270.280.290.300.30
—-7.2%-1.1%-93.1%-93.6%-8.6%-93.9%-17.8%-11.5%-8.6%-10.3%-12.6%+0.5%
Debt / EBITDA1.164.810.280.280.365.960.386.245.875.35—6.297.91
—-19.3%-27.6%-95.5%-93.8%+11.4%—-0.8%-25.7%-23.8%—-91.9%-75.4%
Current Ratio1.582.531.582.722.7411.181.592.639.30————
—-77.4%-0.9%+3.7%-70.6%————————
Quick Ratio1.582.531.582.722.7411.181.592.639.30————
—-77.4%-0.9%+3.7%-70.6%————————
Interest Coverage19.3918.7620.9223.2117.9015.2516.9314.4715.3816.72-9.1213.7611.52
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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AXS — Frequently Asked Questions

Quick answers to the most common questions about buying AXS stock.

What is AXIS Capital Holdings Limited's quarterly P/E ratio trend?

AXIS Capital Holdings Limited's current P/E is 8.2x. The average P/E over the last 4 quarters is 7.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do AXIS Capital Holdings Limited's margins change by quarter?

AXIS Capital Holdings Limited's current operating margin is 18.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at AXS quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking AXIS Capital Holdings Limited's business trajectory between earnings reports.