AXIS Financial Statements From 2010 to 2024

AXS Stock  USD 65.00  0.01  0.02%   
AXIS Capital financial statements provide useful quarterly and yearly information to potential AXIS Capital Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on AXIS Capital financial statements helps investors assess AXIS Capital's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting AXIS Capital's valuation are summarized below:
Gross Profit
871 M
Profit Margin
0.0667
Market Capitalization
5.4 B
Enterprise Value Revenue
1.1641
Revenue
5.6 B
There are over one hundred nineteen available fundamental signals for AXIS Capital Holdings, which can be analyzed over time and compared to other ratios. All traders should validate AXIS Capital's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.
Check AXIS Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AXIS main balance sheet or income statement drivers, such as Depreciation And Amortization of 79.3 M, Interest Expense of 53.2 M or Selling General Administrative of 718.7 M, as well as many exotic indicators such as Short Term Coverage Ratios of 75.15, Price Earnings Ratio of 17.29 or Price To Sales Ratio of 1.64. AXIS financial statements analysis is a perfect complement when working with AXIS Capital Valuation or Volatility modules.
  
This module can also supplement AXIS Capital's financial leverage analysis and stock options assessment as well as various AXIS Capital Technical models . Check out the analysis of AXIS Capital Correlation against competitors.

AXIS Capital Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.2 B28.3 B21.6 B
Slightly volatile
Total Stockholder Equity5.4 B5.3 B5.3 B
Pretty Stable
Other Liabilities15.6 B14.8 BB
Slightly volatile
Retained Earnings4.7 B6.4 B5.3 B
Slightly volatile
Accounts Payable1.9 B1.8 B886.2 M
Slightly volatile
Cash1.3 B1.4 B1.1 B
Pretty Stable
Non Current Assets Total17.4 B16.5 B8.3 B
Slightly volatile
Net Receivables10.6 B10.1 B5.8 B
Slightly volatile
Common Stock Total Equity2.3 M2.5 M2.2 M
Slightly volatile
Common Stock Shares Outstanding96.2 M86 M99.5 M
Slightly volatile
Short Term Investments16.4 M17.2 M9.1 B
Very volatile
Liabilities And Stockholders Equity20.2 B28.3 B21.6 B
Slightly volatile
Total Liabilities14.8 B23.1 B16.3 B
Slightly volatile
Total Current Assets16.4 B11.8 B16.2 B
Slightly volatile
Intangible Assets115.3 M186.9 M132.2 M
Slightly volatile
Common Stock2.3 M2.5 M2.2 M
Slightly volatile
Total Current Liabilities10.3 B18.3 B9.9 B
Pretty Stable
Cash And Short Term Investments8.8 B5.3 B11 B
Pretty Stable
Short and Long Term Debt Total1.1 B1.5 B1.2 B
Slightly volatile
Long Term Debt1.1 B1.4 B1.2 B
Slightly volatile
Good Will63.2 M115.9 M71.8 M
Slightly volatile
Non Current Liabilities Total5.1 B4.8 B1.7 B
Slightly volatile
Preferred Stock Total Equity610.7 M632.5 M615.4 M
Slightly volatile
Net Tangible Assets3.7 B3.4 B4.6 B
Slightly volatile
Long Term Debt Total1.3 B1.5 B1.2 B
Slightly volatile
Capital Surpluse2.5 B2.7 B2.3 B
Slightly volatile
Long Term Investments15 B13.7 B13.7 B
Slightly volatile
Non Current Liabilities Other16.8 B23.7 B16.1 B
Slightly volatile
Short and Long Term Debt398.1 M449.7 M587.8 M
Slightly volatile
Short Term Debt16.7 M17.5 M613.3 M
Slightly volatile
Cash And Equivalents843.9 M1.1 BB
Pretty Stable
Net Invested Capital4.8 B6.1 B5.9 B
Slightly volatile
Capital Stock501.8 M497 M695.2 M
Slightly volatile
Property Plant And Equipment Net86.1 M108.1 M108.3 M
Slightly volatile
Capital Lease Obligations96.2 M123.1 M115.8 M
Pretty Stable
Property Plant And Equipment Gross129.1 M142.1 M116.9 M
Slightly volatile

AXIS Capital Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization79.3 M75.6 M24 M
Slightly volatile
Selling General Administrative718.7 M684.4 M352.7 M
Slightly volatile
Total Revenue4.1 B5.6 B4.3 B
Slightly volatile
Gross Profit4.1 B5.6 B4.3 B
Slightly volatile
Cost Of Revenue11.9 M12.6 MB
Slightly volatile
Preferred Stock And Other Adjustments32.9 M27.2 M39.6 M
Slightly volatile
Non Recurring36.7 M41.3 M44.9 M
Slightly volatile
Interest Income100.8 M109 M80 M
Slightly volatile
Reconciled Depreciation82.1 M78.2 M65.7 M
Slightly volatile

AXIS Capital Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow642.3 M1.2 B699.8 M
Pretty Stable
Begin Period Cash Flow1.3 B1.2 B1.2 B
Slightly volatile
Depreciation42 M75.6 M41.8 M
Slightly volatile
Total Cash From Operating Activities775.2 M1.3 B718.6 M
Pretty Stable
End Period Cash Flow1.3 B1.4 B1.2 B
Slightly volatile
Stock Based Compensation43.2 M54.1 M41.5 M
Very volatile
Cash Flows Other Operating773.7 M1.3 B779.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios75.1571.570411.2321
Slightly volatile
Price To Sales Ratio1.640.83931.3896
Slightly volatile
Dividend Yield0.02650.0390.0349
Pretty Stable
Price Book Value Ratio1.090.89570.9419
Pretty Stable
Days Of Payables Outstanding44.3 K59.9 K51.1 K
Very volatile
Operating Cash Flow Per Share8.9714.74667.2589
Pretty Stable
Price To Operating Cash Flows Ratio3.573.754834.4711
Very volatile
Free Cash Flow Per Share15.114.38097.4131
Pretty Stable
Price To Free Cash Flows Ratio3.663.850335.8491
Very volatile
Ebt Per Ebit10095.71113.8684
Slightly volatile
Payables Turnover0.00730.00610.0071
Slightly volatile
Company Equity Multiplier2.95.38353.9873
Slightly volatile
Long Term Debt To Capitalization0.130.21010.1793
Slightly volatile
Cash Per Share15.6316.4572110
Pretty Stable
Total Debt To Capitalization0.140.21210.2018
Slightly volatile
Debt Equity Ratio0.180.26920.265
Slightly volatile
Quick Ratio0.60.62915.0738
Slightly volatile
Net Income Per E B T0.850.94441.0926
Very volatile
Cash Ratio0.0720.07580.265
Slightly volatile
Operating Cash Flow Sales Ratio0.370.22350.234
Slightly volatile
Days Of Sales Outstanding688655433
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.020.97520.8072
Slightly volatile
Cash Flow Coverage Ratios1.470.8860.8421
Slightly volatile
Price To Book Ratio1.090.89570.9419
Pretty Stable
Current Ratio0.610.64585.1901
Slightly volatile
Fixed Asset Turnover39.1951.966246.8824
Very volatile
Price Cash Flow Ratio3.573.754834.4711
Very volatile
Debt Ratio0.04530.050.0623
Very volatile
Cash Flow To Debt Ratio1.470.8860.8421
Slightly volatile
Price Sales Ratio1.640.83931.3896
Slightly volatile
Receivables Turnover0.530.55725.7716
Slightly volatile
Asset Turnover0.230.19820.2031
Pretty Stable
Gross Profit Margin0.80.99810.9847
Slightly volatile
Price Fair Value1.090.89570.9419
Pretty Stable

AXIS Fundamental Market Drivers

Forward Price Earnings6.0901
Cash And Short Term Investments5.3 B

AXIS Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About AXIS Capital Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include AXIS Capital income statement, its balance sheet, and the statement of cash flows. AXIS Capital investors use historical funamental indicators, such as AXIS Capital's revenue or net income, to determine how well the company is positioned to perform in the future. Although AXIS Capital investors may use each financial statement separately, they are all related. The changes in AXIS Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AXIS Capital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AXIS Capital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AXIS Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue1.4 B1.5 B
Total Revenue5.6 B4.1 B
Cost Of Revenue12.6 M11.9 M
Ebit Per Revenue 0.0007  0.0007 

Pair Trading with AXIS Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AXIS Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AXIS Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with AXIS Stock

  0.91AGO Assured Guaranty Financial Report 14th of May 2024 PairCorr
  0.91AIZ Assurant Financial Report 7th of May 2024 PairCorr

Moving against AXIS Stock

  0.81FAF First American Normal TradingPairCorr
The ability to find closely correlated positions to AXIS Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AXIS Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AXIS Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AXIS Capital Holdings to buy it.
The correlation of AXIS Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AXIS Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AXIS Capital Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AXIS Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AXIS Capital Holdings is a strong investment it is important to analyze AXIS Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AXIS Capital's future performance. For an informed investment choice regarding AXIS Stock, refer to the following important reports:
Check out the analysis of AXIS Capital Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for AXIS Stock analysis

When running AXIS Capital's price analysis, check to measure AXIS Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AXIS Capital is operating at the current time. Most of AXIS Capital's value examination focuses on studying past and present price action to predict the probability of AXIS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AXIS Capital's price. Additionally, you may evaluate how the addition of AXIS Capital to your portfolios can decrease your overall portfolio volatility.
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Is AXIS Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AXIS Capital. If investors know AXIS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AXIS Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.226
Dividend Share
1.76
Earnings Share
4.02
Revenue Per Share
66.282
Quarterly Revenue Growth
0.023
The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.