Axis Capital Holdings (AXS) Gross Margin (2009 - 2022)
Axis Capital Holdings (AXS) posted Gross Margin of 39.74% for Q2 2022, down 10.55 percentage points from 50.29% a year earlier and down 2.19 percentage points from the prior quarter.
Axis Capital Holdings (AXS) Gross Margin (2009 - 2022) Analysis & Trends
For the trailing twelve months through Jun 30, 2022, Gross Margin at Axis Capital Holdings was 40.60%, up 3.06 percentage points year-over-year; for FY2021, it came in at 43.46%, up 11.23 percentage points from FY2020.
- Annual Gross Margin shows a five-year change of -1.51 percentage points (FY2016 to FY2021).
- In prior years, Axis Capital Holdings' Gross Margin was 32.23% in FY2020 (-8.91 pp), 41.15% in FY2019 (+3.82 pp), 37.33% in FY2018 (+8.93 pp) and 28.40% in FY2017 (-16.58 pp).
- Quarterly Gross Margin has run from a low of -21.46% in Q3 2017 to a high of 50.29% in Q2 2021 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +5.84 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2018, with a gain of 56.51 percentage points; the weakest was Q3 2017, with a drop of 64.49 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 41.93% (Q1 2022), 48.60% (Q4 2021) and 31.85% (Q3 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 40.82% |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | - |
| 10 | Axis Capital Holdings | 6.89 Bn | 2.92 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 39.74% |
| Mar 31, 2022 | 41.93% |
| Dec 31, 2021 | 48.60% |
| Sep 30, 2021 | 31.85% |
| Jun 30, 2021 | 50.29% |
| Mar 31, 2021 | 42.84% |
| Dec 31, 2020 | 24.84% |
| Sep 30, 2020 | 29.64% |
| Jun 30, 2020 | 43.84% |
| 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% |
Axis Capital Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AXS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AXS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();