Axis Capital Holdings (AXS) Return on Invested Capital [ROIC] (2010 - 2026)
Axis Capital Holdings' Return on Invested Capital [ROIC] was 17.61% in Q2 2026, up 2.22 percentage points from 15.39% a year earlier and up 0.29 percentage points from the prior quarter.
Axis Capital Holdings (AXS) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Axis Capital Holdings came in at 16.76%, down 1.94 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a three-year change of +11.26 percentage points (FY2022 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 18.71% in FY2024 (+10.05 pp), 8.66% in FY2023 (+3.16 pp) and 5.50% in FY2022.
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2010.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in six of the last eight quarters, with an average year-over-year change of +3.37 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2023 (a gain of 31.16 percentage points); the worst was Q3 2024 (a drop of 1.71 percentage points).
- Per Business Quant data, AXS's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 17.32% (Q1 2026), 16.40% (Q4 2025) and 16.72% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | -11.59% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 12.87% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | 11.21% |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | -102.80% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 5.67% |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 14.78% |
| 10 | Axis Capital Holdings | 6.94 Bn | 2.97 Bn | - | 17.61% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.61% |
| Mar 31, 2026 | 17.32% |
| Dec 31, 2025 | 16.40% |
| Sep 30, 2025 | 16.72% |
| Jun 30, 2025 | 15.39% |
| Mar 31, 2025 | 15.19% |
| Dec 31, 2024 | 17.47% |
| Sep 30, 2024 | 10.50% |
| Jun 30, 2024 | 10.71% |
| Mar 31, 2024 | 9.85% |
| Dec 31, 2023 | 8.33% |
| Sep 30, 2023 | 12.21% |
| Jun 30, 2023 | 8.59% |
| Mar 31, 2023 | -6.05% |
| Dec 31, 2022 | -22.83% |
| Sep 30, 2017 | -44.22% |
| Jun 30, 2017 | -31.52% |
| Mar 31, 2017 | -30.20% |
| Dec 31, 2016 | -27.42% |
| Sep 30, 2016 | -27.21% |
Axis Capital Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=AXS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=AXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();