
AXS's Q2 results reflect premium growth, but higher catastrophe losses and weaker investment income weigh on earnings.
AXIS Capital Holdings Limited, offers various specialized insurance and reinsurance products worldwide. The company is headquartered in Pembroke, Bermuda.
| Revenue (TTM) | $6.69B |
| Gross Profit (TTM) | $2.14B |
| EBITDA | $1.48B |
| Operating Margin | 19.00% |
| Return on Equity | 17.40% |
| Return on Assets | 2.59% |
| Revenue/Share (TTM) | $87.47 |
| Book Value | $78.86 |
| Price-to-Book | 1.48 |
| Price-to-Sales (TTM) | 1.31 |
| EV/Revenue | 1.478 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 45.60% |
| Quarterly Revenue Growth (YoY) | 8.00% |
| Shares Outstanding | $73.72M |
| Float | $68.16M |
| % Insiders | 0.87% |
| % Institutions | 100.17% |
Volatility is currently contracting

AXS's Q2 results reflect premium growth, but higher catastrophe losses and weaker investment income weigh on earnings.

The headline numbers for Axis Capital (AXS) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

For the second quarter of 2026 , the Company reports: Annualized return on average common equity ("ROACE") of 17.0% and annualized operating ROACE of 14.3% Combined ratio of 93.1% , producing underwriting income of $143 million Book value per diluted common share of $80.67 For the six months ended June 30, 2026 , the Company reports: Net income available to common shareholders of $498 million , or $ 6.67 per diluted common share and operating income of $468 million , or $ 6.26 per diluted common share Annualized return on average common equity ("ROACE") of 16.9% and annualized operating ROACE of 15.9% Combined ratio of 91.5% , producing underwriting income of $330 million Book value per diluted common share of $80.67 , an increase of $3.47 , or 4.5% , compared to December 31, 2025 , and an increase of $10.33 , or 14.7% compared to June 30, 2025 PEMBROKE, Bermuda, July 28, 2026 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or "the Company") (NYSE: AXS) today announced financial results for the second quarter ended June 30, 2026. Commenting on the second quarter 2026 financial results, Vince Tizzio, President and CEO of AXIS Capital said: "AXIS continued to generate consistent, profitable growth in the second quarter, amidst an evolving risk landscape impacted by the Middle East conflict and further transitioning market conditions.

Axis Capital (AXS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Axis Capital (AXS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

PEMBROKE, Bermuda, July 06, 2026 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it expects to release financial results for the second quarter ended June 30, 2026 on Tuesday, July 28, 2026 after the close of the financial markets. Vince Tizzio, President and Chief Executive Officer, and Matthew Kirk, Chief Financial Officer, will host an investor teleconference, including a question and answer period, on Wednesday, July 29, 2026 at 8:30 a.m.

Axis Capital (AXS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

AXIS Capital's specialty insurance strength, premium growth and underwriting profitability support growth, while currency exposure and economic uncertainty remain concerns.

PEMBROKE, Bermuda, June 15, 2026 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today announced that it has appointed Pradip Patiath to the Company's Board of Directors. Effective June 15, 2026, Mr. Patiath will join the Board, where he will serve on its Risk and Human Capital and Compensation Committees.

Axis Capital (AXS) reported earnings 30 days ago. What's next for the stock?
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