AXIS CAPITAL HOLDINGS LIMITED
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.56B | $5.96B | $5.64B | $5.14B | $5.32B | $4.84B | $5.17B | $5.09B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $703.9M | $666.2M | $684.4M | $680.3M | $663.3M | $579.8M | $634.8M | $627.4M |
| Operating Income | $1.29B | $1.09B | $471.0M | $308.3M | $743.3M | $-57.7M | $415.3M | $81.0M |
| Operating Margin | 19.7% | 18.4% | 8.3% | 6.0% | 14.0% | -1.2% | 8.0% | 1.6% |
| Interest Expense | $66.7M | $67.8M | $68.4M | $63.1M | $62.3M | $75.0M | $68.1M | $67.4M |
| Pretax Income | $1.23B | $1.03B | $402.6M | $245.1M | $681.0M | $-132.7M | $347.2M | $13.5M |
| Income Tax Expense | $216.7M | $-55.6M | $26.3M | $22.0M | $62.4M | $-12.3M | $23.7M | $-29.5M |
| Net Income | $1.01B | $1.08B | $376.3M | $223.1M | $618.6M | $-120.4M | $323.5M | $43.0M |
| Net Margin | 15.4% | 18.2% | 6.7% | 4.3% | 11.6% | -2.5% | 6.3% | 0.8% |
| EPS (Basic) | $12.52 | $12.49 | $4.06 | $2.27 | $6.95 | $-1.79 | $3.37 | $0.00 |
| EPS (Diluted) | $12.35 | $12.35 | $4.02 | $2.25 | $6.90 | $-1.79 | $3.34 | $0.00 |
| Shares Outstanding (Basic) | 78.2M | 84.2M | 85.1M | 84.9M | 84.7M | 84.3M | 83.9M | 83.5M |
| Shares Outstanding (Diluted) | 79.3M | 85.2M | 86.0M | 85.7M | 85.3M | 84.3M | 84.5M | 84.0M |
| Dividends Per Share | $1.76 | $1.76 | $1.76 | $1.73 | $1.69 | $1.65 | $1.61 | $1.57 |