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AXIS Capital Holdings Ltd

Financial Services US AXS

88.39USD
-0.23(0.26%)

Last update at 2025-01-02T18:49:00Z

Day Range

88.4189.47
LowHigh

52 Week Range

52.0794.54
LowHigh

Fundamentals

  • Previous Close 88.62
  • Market Cap7568.30M
  • Volume103978
  • P/E Ratio12.53
  • Dividend Yield1.90%
  • EBITDA837.76M
  • Revenue TTM5967.18M
  • Revenue Per Share TTM70.50
  • Gross Profit TTM 871.01M
  • Diluted EPS TTM7.22

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 243.12M 648.91M -129.13300M 337.45M 12.54M
Minority interest - - - - -
Net income 223.08M 618.61M -116.81200M 323.47M 43.02M
Selling general administrative 680.34M 663.30M 579.79M 634.83M 108.22M
Selling and marketing expenses - - - - -
Gross profit 5124.52M 5321.73M 4841.95M 5173.43M 5090.41M
Reconciled depreciation 10.92M 12.42M 65.80M 75.23M 9.79M
Ebit 365.64M 657.70M -124.65600M 330.72M 76.95M
Ebitda 376.55M 670.12M -113.26600M 342.32M 90.76M
Depreciation and amortization 10.92M 12.42M 11.39M 11.60M 13.81M
Non operating income net other - 32.08M -3.61200M 9.72M 0.99M
Operating income 365.64M 657.70M -124.65600M 330.72M 80.97M
Other operating expenses 5050.26M 4672.50M 4890.02M 4848.02M 5107.03M
Interest expense 63.15M 62.30M 75.05M 68.11M 67.43M
Tax provision 22.04M 62.38M -12.32100M 23.69M -29.48600M
Interest income 94.80M 62.62M 156.12M 66.74M 41.78M
Net interest income -63.14600M -62.30200M -75.04900M -68.10700M -67.43200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 22.04M 62.38M -12.32100M 23.69M -29.48600M
Total revenue 5135.44M 5321.73M 4841.95M 5173.43M 5090.41M
Total operating expenses -68.31000M -4663.71200M -4885.54100M -4854.74700M 172.33M
Cost of revenue 10.92M - - 4096.10M 4331.45M
Total other income expense net -122.51200M -8.78900M -4.47700M 6.73M 10.62M
Discontinued operations - - - - -
Net income from continuing ops 223.08M 618.61M -116.81200M 313.75M 42.03M
Net income applicable to common shares 192.83M 588.36M -150.67400M 282.36M 0.40M
Preferred stock and other adjustments - 30.25M 30.25M 41.11M 42.62M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 30250.67M 27595.81M 27368.97M 25877.69M 25604.05M
Intangible assets 186.88M 197.80M 208.72M 219.63M 230.55M
Earning assets - - - - -
Other current assets 1916.09M -19890.13100M -8176.35200M -8249.41100M -2523.59600M
Total liab 24987.48M 22955.90M 21958.31M 20581.99M 20060.05M
Total stockholder equity 5263.20M 4639.91M 5410.66M 5295.69M 5544.01M
Deferred long term liab - - - - -
Other current liab -1792.71900M -102.57700M -1324.62000M -1092.04200M -1349.08200M
Common stock 2.21M 2.21M 2.21M 2.21M 2.21M
Capital stock 552.21M 552.21M 552.21M 552.21M 777.21M
Retained earnings 6440.53M 6247.02M 6204.74M 5763.61M 6056.69M
Other liab - 12909.20M 1752.51M 1414.61M 10936.94M
Good will 100.80M 100.80M 100.80M 100.80M 102.00M
Other assets -6267.81600M -6887.50100M -8176.35200M -8245.55700M -9076.76500M
Cash 953.48M 751.41M 844.59M 902.83M 1241.11M
Cash and equivalents - 1174.65M 844.59M 902.83M 1241.11M
Total current liabilities 18261.38M 1522.76M 1324.62M 1092.04M 1349.08M
Current deferred revenue - - 1205.11M 951.78M 1233.50M
Net debt 569.13M 744.86M 585.89M 547.13M 682.63M
Short term debt 17.54M 102.58M 119.51M 140.26M 115.58M
Short long term debt - - - - 499.69M
Short long term debt total 1522.61M 1496.28M 1430.49M 1449.96M 1923.74M
Other stockholder equity -1363.70200M -1399.01800M -1402.83100M -1434.51400M -1461.59400M
Property plant equipment - 92.21M 103.30M 123.58M 111.09M
Total current assets 7221.29M 21363.40M 21540.26M 20842.88M 21138.47M
Long term investments 13701.40M 12729.10M 13592.25M 14323.82M 14380.46M
Net tangible assets - 3791.31M 4551.14M 4425.26M 4436.45M
Short term investments 4351.73M 11397.20M 12344.26M 12203.70M 12506.68M
Net receivables 10081.31M 9214.78M 8351.41M 7736.35M 7390.69M
Long term debt 1399.50M 1312.31M 1310.97M 1309.69M 1808.16M
Inventory -15386.51100M - - - -
Accounts payable 1792.72M 1522.76M 1324.62M 1092.04M 1349.08M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -365.83600M -760.30000M 56.54M 414.39M 171.71M
Additional paid in capital - - - - -
Common stock total equity - - 2.21M 2.21M 2.21M
Preferred stock total equity - - 550.00M 550.00M 775.00M
Retained earnings total equity - - 6204.74M 5763.61M 6056.69M
Treasury stock - - -3749.01000M -3764.56800M -3778.80600M
Accumulated amortization - - - - -
Non currrent assets other 27755.73M -13119.91100M -14005.06000M -13280.36300M -13542.34900M
Deferred long term asset charges - - - - -
Non current assets total 29297.20M 13119.91M 14005.06M 13280.36M 13542.35M
Capital lease obligations 123.10M 102.58M 119.51M 140.26M 115.58M
Long term debt total - 1312.31M 1310.97M 1309.69M 1808.16M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -655.79800M -1075.46300M 534.58M -711.20900M 663.66M
Change to liabilities 287.08M 409.86M 63.00M -7.95800M 29.76M
Total cashflows from investing activities -655.79800M -1114.19500M 489.92M -774.31500M 638.55M
Net borrowings 78.95M 78.95M -500.00000M 467.51M 467.51M
Total cash from financing activities -149.62200M -186.09500M -908.80300M 277.51M -186.20700M
Change to operating activities -359.90600M 288.63M 409.67M -102.42000M -402.78300M
Net income 223.08M 618.61M -120.42400M 323.47M 43.02M
Change in cash -143.03700M -185.54200M -73.22500M -253.56300M 466.23M
Begin period cash flow 1317.69M 1503.23M 1576.46M 1830.02M 1363.79M
End period cash flow 1174.65M 1317.69M 1503.23M 1576.46M 1830.02M
Total cash from operating activities 692.22M 1114.82M 343.50M 199.00M 10.77M
Issuance of capital stock - - - - 0.00000M
Depreciation 68.29M 66.98M 65.80M 75.23M 9.79M
Other cashflows from investing activities -618.96900M -38.73200M -44.66100M -63.10600M -25.10300M
Dividends paid -179.59100M -175.85300M -173.42100M -179.83400M 176.13M
Change to inventory - 927.80M 1221.09M 447.15M 158.43M
Change to account receivables -723.91700M -734.79100M -723.86000M -412.07600M -766.69000M
Sale purchase of stock -34.98700M 0.00000M -225.00000M 0.00000M 0.00000M
Other cashflows from financing activities 64.96M -10.24200M -10.38200M 707.34M -10.08000M
Change to netincome 473.67M -174.66900M 16.56M -43.30800M -10.31200M
Capital expenditures 36.83M 38.73M 44.66M 63.11M 25.10M
Change receivables - -362.87300M -732.38200M -549.80000M -773.74500M
Cash flows other operating - 1135.84M 892.50M 679.62M 558.28M
Exchange rate changes - - - - -
Cash and cash equivalents changes - -185.46800M -75.37900M -297.80100M 463.12M
Change in working capital -72.82400M 698.49M 472.67M -110.37800M -373.02300M
Stock based compensation 48.49M 37.74M 29.00M 32.49M 34.35M
Other non cash items 425.18M 3.85M 5.14M 26.72M 172.33M
Free cash flow 692.22M 1114.82M 343.50M 199.00M 10.77M

Peer Comparison

Sector: Financial Services Industry: Insurance - Specialty

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
AXS
AXIS Capital Holdings Ltd
-0.23 0.26% 88.39 12.53 7.78 1.27 1.40 1.51
FNF
Fidelity National Financial Inc
-0.055 0.10% 56.09 30.23 12.82 1.21 2.14 1.35
RYAN
Ryan Specialty Group Holdings Inc
-0.955 1.49% 63.22 92.15 24.81 5.63 9.12 3.21
FAF
First American Corporation
-0.55 0.88% 61.89 28.12 9.38 1.06 1.47 1.15
BZLYF
Beazley plc
- -% 9.99 5.15 7.88 1.17 1.50 7.19

Reports Covered

Stock Research & News

Profile

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism. This segment also provides marine and aviation insurance services for offshore energy, renewable offshore energy, cargo, liability, including kidnap and ransom, fine art, specie, and hull war, hull and liability, and specific war coverage for passenger airlines, cargo operations, general aviation operations, airports, aviation authorities, security firms, and product manufacturers; personal accident, travel insurance, specialty health products for employer and affinity groups, and pet insurance products; and liability, cyber, and credit and political risk insurance services. The Reinsurance segment offers agriculture, marine and aviation, catastrophe, accidental and health, credit and surety, motor, professional, travel, life, engineering, property, and liability reinsurance products. AXIS Capital Holdings Limited was founded in 2001 and is headquartered in Pembroke, Bermuda.

AXIS Capital Holdings Ltd

92 Pitts Bay Road, Pembroke, Bermuda, HM 08

Key Executives

Name Title Year Born
Mr. Albert A. Benchimol Pres, CEO & Director 1958
Mr. Peter John Vogt FSA MAAA CFO & Exec. VP 1964
Mr. David Samuel Phillips CFA Chief Investment Officer 1969
Mr. Peter Whittmore Wilson Exec. Officer 1960
Mr. Kent W. Ziegler Global Corp. Controller & Principal Accounting Officer 1963
Mr. Dan Trueman Global Head of Cyber & Technology NA
Mr. Keith Schlosser Global Chief Information Officer NA
Ms. Miranda Hunter Head of Investor Relations NA
Mr. Conrad D. Brooks Gen. Counsel & Corp. Sec. NA
Mr. Joseph E. Cohen APR Chief Communications Officer NA

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