AXIS Capital Holdings Limited
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.01B | $1.08B | $376.3M | $223.1M | $618.6M | $-120.4M | $323.5M | $43.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $9.9M | $10.9M | $10.9M | $10.9M | $12.4M | $11.4M | $11.6M | $13.8M |
| Stock-Based Compensation | $45.2M | $42.7M | $54.1M | $48.5M | $37.7M | $29.0M | $32.5M | $34.3M |
| Net Cash from Operating Activities | $-40.9M | $1.84B | $1.26B | $798.0M | $1.20B | $343.5M | $199.0M | $10.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-628.7M | $280.5M | $-855.6M | $-761.6M | $-1.20B | $489.9M | $-774.3M | $638.6M |
| Financing Activities | ||||||||
| Dividends Paid | $142.7M | $151.8M | $153.8M | $149.3M | $145.6M | $141.6M | $137.2M | $133.5M |
| Stock Repurchases | $887.7M | $199.9M | $0 | $35.0M | $0 | $0 | $0 | $0 |
| Net Cash from Financing Activities | $-1.09B | $-417.3M | $-202.4M | $-149.6M | $-186.1M | $-908.8M | $277.5M | $-186.2M |
| Net Change in Cash | $-1.74B | $1.68B | $209.3M | $-143.0M | $-185.5M | $-73.2M | $-253.6M | $466.2M |
| Free Cash Flow | — | — | — | — | — | — | — | — |