Axis Capital Holdings (AXS) Operating Margin (2009 - 2026)
Axis Capital Holdings (AXS) reported Operating Margin of 48.79% for Q1 2026, up 574.0% on a YoY basis from 7.24% in Q1 2025, and down 1122.29% sequentially from 4.77% in Q4 2025.
Axis Capital Holdings (AXS) Operating Margin (2009 - 2026) Analysis & Trends
Axis Capital Holdings (AXS) has 18 years of Operating Margin data on file, last reported at 48.79% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 574.0% year-over-year to 48.79%; the trailing twelve-month figure through Mar 2026 stood at 30.78% (up 1045.0% YoY), and the FY2025 full-year result was 31.57%, up 452.0% from the prior year.
- Operating Margin retreated to 48.79% in Q1 2026, from 4.77% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 4.77% in Q4 2025 to a low of 205.87% in Q4 2023.
- A 5-year average of 56.99% and a median of 51.75% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 14111 bps in 2023 and surged 16749 bps in 2024, its largest moves.
- Tracing AXS's Operating Margin over 5 years: stood at 64.76% in 2022, then slumped by 218 bps to 205.87% in 2023, then surged by 81 bps to 38.39% in 2024, then soared by 112 bps to 4.77% in 2025, then tumbled by 1122 bps to 48.79% in 2026.
- Business Quant data shows AXS's Operating Margin at 48.79% in Q1 2026, 4.77% in Q4 2025, and 47.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 25.48% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | -48.79% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 8.68% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 29.20% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 20.78% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 22.78% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 17.32% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 112.20% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 18.48% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 15.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -48.79% |
| Dec 31, 2025 | 4.77% |
| Sep 30, 2025 | -47.79% |
| Jun 30, 2025 | -54.61% |
| Mar 31, 2025 | -54.53% |
| Dec 31, 2024 | -38.39% |
| Sep 30, 2024 | -37.55% |
| Jun 30, 2024 | -35.94% |
| Mar 31, 2024 | -49.72% |
| Dec 31, 2023 | -205.87% |
| Sep 30, 2023 | -51.84% |
| Jun 30, 2023 | -53.57% |
| Mar 31, 2023 | -51.75% |
| Dec 31, 2022 | -64.76% |
| Sep 30, 2022 | -69.03% |
| Jun 30, 2022 | -61.83% |
| Mar 31, 2022 | -47.57% |
| Dec 31, 2021 | -142.28% |
| Sep 30, 2021 | -64.84% |
| Jun 30, 2021 | -30.80% |