(AXS) AXIS Capital Holdings - Ratings and Ratios

Exchange: NYSE • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: BMG0692U1099

Insurance, Reinsurance, Marine, Aviation, Property

Property & Casualty Insurance
Market Cap in USD: 8,150m

IPO / Inception: 2003-07-01
Return 12m vs S&P 500: 0.63%

EPS (Earnings per Share)

EPS CAGR: 11.93%
EPS Trend: 40.0%

Last SUE: 1.39
Qual. Beats: 1

Revenue

Rev. CAGR: 5.43%
Rev. Trend: 86.8%

Last SUE: 0.96
Qual. Beats: 1

Dividends

Dividend Yield	1.72%
Yield on Cost 5y	4.02%
Yield CAGR 5y	1.02%
Payout Consistency	99.6%
Payout Ratio	13.9%

Risk via 5d forecast
Volatility	23.9%
Value at Risk 5%th	39.4%
Relative Tail Risk	0.31%

Reward TTM
Sharpe Ratio	0.64
Alpha	6.50
CAGR/Max DD	1.34

Character TTM
Hurst Exponent	0.461
Beta	0.503
Beta Downside	0.617

Drawdowns 3y
Max DD	18.54%
Mean DD	6.22%
Median DD	5.42%

Description: AXS AXIS Capital Holdings January 07, 2026

AXIS Capital Holdings Ltd (NYSE:AXS) operates two core businesses-Insurance and Reinsurance-delivering specialty coverages across Bermuda, the United States, and global markets. The Insurance segment writes a broad suite of professional liability, property, marine, aviation, personal accident, travel, health, cyber, and political-risk policies for commercial, financial, and nonprofit clients, while the Reinsurance segment provides treaty and facultative capacity across lines such as agriculture, catastrophe, credit, motor, and life.

Key performance metrics from the most recent FY2023 filing show a combined ratio of roughly 95% for the Insurance segment and a net income of $210 million, reflecting a modest improvement in underwriting profitability after a loss-laden 2022 driven by elevated natural-catastrophe losses. The company’s risk-based capital (RBC) ratio stood at 300%, indicating a strong capital buffer relative to statutory requirements.

Sector drivers that materially affect AXIS’s outlook include the rising frequency and severity of climate-related catastrophes, which pressure reinsurance pricing and loss reserves, and the accelerating demand for cyber and political-risk insurance as corporate exposures to digital threats and geopolitical instability expand. Additionally, the low-interest-rate environment compresses investment-income yields, making underwriting results a more critical source of earnings.

Assuming the current underwriting discipline persists and the firm continues to diversify its portfolio into higher-margin cyber and renewable-energy lines, the upside potential hinges on its ability to manage catastrophe exposure without eroding capital ratios.

For a deeper quantitative breakdown, the ValueRay platform offers a granular view of AXS’s risk-adjusted returns and capital efficiency.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (1.01b TTM) > 0 and > 6% of Revenue (6% = 377.2m TTM)

FCFTA -0.01 (>2.0%) and ΔFCFTA -6.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 21.74% (prev 293.0%; Δ -271.3pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.01 (>3.0%) and CFO -315.8m <= Net Income 1.01b (YES >=105%, WARN >=100%)

Net Debt (665.8m) to EBITDA (1.27b) ratio: 0.52 <= 3.0 (WARN <= 3.5)

Current Ratio 13.54 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (79.3m) change vs 12m ago -6.67% (target <= -2.0% for YES)

Gross Margin 30.59% (prev 22.61%; Δ 7.98pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 18.75% (prev 17.88%; Δ 0.87pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 18.32 (EBITDA TTM 1.27b / Interest Expense TTM 66.6m) >= 6 (WARN >= 3)

Altman Z'' 1.56

(A) 0.04 = (Total Current Assets 1.48b - Total Current Liabilities 109.0m) / Total Assets 34.34b

(B) 0.23 = Retained Earnings (Balance) 7.93b / Total Assets 34.34b

(D) 0.28 = Book Value of Equity 7.95b / Total Liabilities 27.97b

Total Rating: 1.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 70.85

1. Piotroski 5.50pt

2. FCF Yield -3.58%

3. FCF Margin -5.02%

4. Debt/Equity 0.23

5. Debt/Ebitda 0.52

6. ROIC - WACC (= 7.50)%

7. RoE 16.51%

8. Rev. Trend 86.85%

9. EPS Trend 40.00%

What is the price of AXS shares?

As of January 12, 2026, the stock is trading at USD 102.34 with a total of 336,782 shares traded.
Over the past week, the price has changed by -1.84%, over one month by +3.70%, over three months by +6.16% and over the past year by +21.74%.

Is AXS a buy, sell or hold?

AXIS Capital Holdings has received a consensus analysts rating of 4.11. Therefore, it is recommended to buy AXS.

Strong Buy: 4
Buy: 2
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the AXS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	118.2	15.5%
Analysts Target Price	118.2	15.5%
ValueRay Target Price	125.8	22.9%

AXS Fundamental Data Overview January 12, 2026

P/E Trailing = 8.6308
P/E Forward = 8.0192
P/S = 1.2935
P/B = 1.4183
P/EG = -10.28
Beta = 0.648
Revenue TTM = 6.29b USD
EBIT TTM = 1.22b USD
EBITDA TTM = 1.27b USD
Long Term Debt = 1.38b USD (from longTermDebt, last quarter)
Short Term Debt = 109.0m USD (from shortTermDebt, last quarter)
Debt = 1.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 665.8m USD (from netDebt column, last quarter)
Enterprise Value = 8.82b USD (8.15b + Debt 1.49b - CCE 825.9m)
Interest Coverage Ratio = 18.32 (Ebit TTM 1.22b / Interest Expense TTM 66.6m)
EV/FCF = -27.92x (Enterprise Value 8.82b / FCF TTM -315.8m)
FCF Yield = -3.58% (FCF TTM -315.8m / Enterprise Value 8.82b)
FCF Margin = -5.02% (FCF TTM -315.8m / Revenue TTM 6.29b)
Net Margin = 16.11% (Net Income TTM 1.01b / Revenue TTM 6.29b)
Gross Margin = 30.59% ((Revenue TTM 6.29b - Cost of Revenue TTM 4.36b) / Revenue TTM)
Gross Margin QoQ = 33.44% (prev 30.04%)
Tobins Q-Ratio = 0.26 (Enterprise Value 8.82b / Total Assets 34.34b)
Interest Expense / Debt = 1.12% (Interest Expense 16.7m / Debt 1.49b)
Taxrate = 18.88% (70.3m / 372.1m)
NOPAT = 989.6m (EBIT 1.22b * (1 - 18.88%))
Current Ratio = 13.54 (Total Current Assets 1.48b / Total Current Liabilities 109.0m)
Debt / Equity = 0.23 (Debt 1.49b / totalStockholderEquity, last quarter 6.37b)
Debt / EBITDA = 0.52 (Net Debt 665.8m / EBITDA 1.27b)
Debt / FCF = -2.11 (negative FCF - burning cash) (Net Debt 665.8m / FCF TTM -315.8m)
Total Stockholder Equity = 6.13b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.02% (Net Income 1.01b / Total Assets 34.34b)
RoE = 16.51% (Net Income TTM 1.01b / Total Stockholder Equity 6.13b)
RoCE = 16.23% (EBIT 1.22b / Capital Employed (Equity 6.13b + L.T.Debt 1.38b))
RoIC = 14.21% (NOPAT 989.6m / Invested Capital 6.97b)
WACC = 6.71% (E(8.15b)/V(9.64b) * Re(7.77%) + D(1.49b)/V(9.64b) * Rd(1.12%) * (1-Tc(0.19)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -81.65 | Cagr: -0.58%
Fair Price DCF = unknown (Cash Flow -315.8m)
EPS Correlation: 40.00 | EPS CAGR: 11.93% | SUE: 1.39 | # QB: 1
Revenue Correlation: 86.85 | Revenue CAGR: 5.43% | SUE: 0.96 | # QB: 1
EPS next Quarter (2026-03-31): EPS=3.39 | Chg30d=+0.035 | Revisions Net=+6 | Analysts=10
EPS next Year (2026-12-31): EPS=13.17 | Chg30d=+0.153 | Revisions Net=+4 | Growth EPS=+3.5% | Growth Revenue=+7.3%

Additional Sources for AXS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle