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
DateValue
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%