Axis Capital Holdings (AXS) Gross Margin (2009 - 2022)
Axis Capital Holdings' (AXS) quarterly Gross Margin came in at 35.77% in Q2 2022, down 1452.0% year-on-year from 2.65% in Q2 2021, and down 14.36% quarter-over-quarter from 41.77% in Q1 2022.
Axis Capital Holdings (AXS) Gross Margin (2009 - 2022) Analysis & Trends
Axis Capital Holdings has disclosed Gross Margin across 14 years of filings, most recently posting 35.77% for Q2 2022.
- Gross Margin for Q2 2022 came in at 35.77%, down 1452.0% year-over-year; the trailing twelve-month figure through Jun 2022 was 36.2% (up 57.0% YoY), and the FY2021 annual result was 36.12%, up 1118.0% from the prior year.
- Gross Margin came in at 35.77% for Q2 2022 at Axis Capital Holdings, down from 41.77% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 50.29% in Q2 2021 to a low of 15.41% in Q4 2018.
- The 5-year median for Gross Margin is 35.51% (2021), against an average of 33.92%.
- Across the five-year window, Gross Margin surged 5651 bps in 2018 and sank 2325 bps in 2020, its largest moves.
- Axis Capital Holdings' Gross Margin stood at 15.41% in 2018, then soared by 74 bps to 26.85% in 2019, then retreated by 7 bps to 24.84% in 2020, then jumped by 70 bps to 42.14% in 2021, then dropped by 15 bps to 35.77% in 2022.
- The last three Gross Margin figures came in at 35.77% (Q2 2022), 41.77% (Q1 2022), and 42.14% (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 81.15% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 67.24% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 84.70% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 85.88% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 78.95% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 82.76% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 83.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 35.77% |
| Mar 31, 2022 | 41.77% |
| Dec 31, 2021 | 42.14% |
| Sep 30, 2021 | 24.77% |
| Jun 30, 2021 | 50.29% |
| Mar 31, 2021 | 35.24% |
| Dec 31, 2020 | 24.84% |
| Sep 30, 2020 | 29.64% |
| Jun 30, 2020 | 38.74% |
| Mar 31, 2020 | 18.20% |
| Dec 31, 2019 | 26.85% |
| Sep 30, 2019 | 26.47% |
| Jun 30, 2019 | 40.15% |
| Mar 31, 2019 | 41.45% |
| Dec 31, 2018 | 15.41% |
| Sep 30, 2018 | 35.06% |
| Jun 30, 2018 | 40.40% |
| Mar 31, 2018 | 43.35% |
| Dec 31, 2017 | 30.65% |
| Sep 30, 2017 | -21.46% |