AXIS CAPITAL HOLDINGS LIMITED

AXS ·Financial, Insurance - Property & Casualty
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $5.09B $4.59B $4.01B $4.13B $4.35B $4.20B $3.93B $3.80B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $627.4M $579.4M $602.7M $596.8M $621.9M $575.4M $561.0M $459.2M
Operating Income $81.0M $-321.7M $571.1M $695.6M $905.2M $796.4M $612.4M $124.1M
Operating Margin 1.6% -7.0% 14.3% 16.8% 20.8% 19.0% 15.6% 3.3%
Interest Expense $67.4M $54.8M $51.4M $51.0M $74.7M $62.0M $61.9M $62.6M
Pretax Income $13.5M $-376.5M $519.7M $644.7M $830.5M $734.5M $550.5M $61.5M
Income Tax Expense $-29.5M $-7.5M $6.3M $3.0M $25.9M $7.0M $3.3M $15.2M
Net Income $43.0M $-369.0M $513.4M $641.6M $810.7M $727.5M $547.2M $46.3M
Net Margin 0.8% -8.0% 12.8% 15.5% 18.7% 17.3% 13.9% 1.2%
EPS (Basic) $0.00 $-4.94 $5.13 $6.10 $7.38 $6.02 $4.05 $0.08
EPS (Diluted) $0.00 $-4.94 $5.08 $6.04 $7.29 $5.93 $4.00 $0.07
Shares Outstanding (Basic) 83.5M 84.1M 90.8M 98.6M 104.4M 113.6M 122.1M 122.5M
Shares Outstanding (Diluted) 84.0M 84.1M 91.5M 99.6M 105.7M 115.3M 123.7M 128.1M
Dividends Per Share $1.57 $1.53 $1.43 $1.22 $1.10 $1.02 $0.97 $0.93
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