← AXIS CAPITAL HOLDINGS LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $513.4m |
($369.0m)
-171.87%
|
$43.0m
+111.66%
|
$323.5m
+651.90%
|
($120.4m)
-137.23%
|
$618.6m
+613.69%
|
$223.1m
-63.94%
|
$376.3m
+68.68%
|
$1.1b
+187.49%
|
$1.0b
-6.74%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $465.5m |
($415.8m)
-189.33%
|
$396k
+100.10%
|
$282.4m
+71203.28%
|
($150.7m)
-153.36%
|
$588.4m
+490.48%
|
$192.8m
-67.23%
|
$346.0m
+79.45%
|
$1.1b
+203.88%
|
$978.6m
-6.93%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Depreciation and amortization | $24.6m | $81.5m | $9.8m | $75.2m | $65.8m | $67.0m | $68.3m | $75.6m | $55.3m | $56.4m | $58.6m | |
| Amortization of Deferred Charges | — | $55.4m | $184.0m | $37.7m | $16.1m | $14.8m | $10.9m | — | — | — | — | |
| Amortization of Intangible Assets | $1.8m | $2.5m | $13.8m | $11.6m | $11.4m | $12.4m | $10.9m | $10.9m | $10.9m | $9.9m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $746.9m | $823.6m | $968.8m | $1.0b | $929.5m | $921.8m | $1.0b | $1.0b | $1.1b | $1.1b | — | |
| Amortization Of Securities | — | — | — | — | — | — | $26.1m | ($20.2m) | ($38.4m) | ($39.6m) | ($39.6m) | |
| Share-based Payment Arrangement, Noncash Expense | $52.2m | $12.7m | $34.3m | $32.5m | $29.0m | $37.7m | $48.5m | $54.1m | $42.7m | $45.2m | $53.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $10.1m | $10.2m | $10.4m | $10.2m | $14.0m | $23.6m | $15.9m | $26.6m | — | |
| Goodwill and Intangible Asset Impairment | — | — | $3.5m | — | — | — | — | $0 | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | $1.2m | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | $3.5m | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | ($432.8m) | ($56.6m) | ($127.8m) | $65.5m | — | |
| Income (Loss) from Equity Method Investments | ($2.1m) | ($8.4m) | $993k | $9.7m | ($3.6m) | $32.1m | $2.0m | $4.2m | $18.0m | $9.5m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | ($32.1m) | ($2.0m) | ($4.2m) | — | — | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $2.1m | $8.4m | ($495k) | $9.7m | ($3.6m) | $32.1m | $2.0m | $4.2m | ($18.0m) | ($9.5m) | — | |
| Change In Working Capital | — | — | — | — | — | — | $33.0m | $719.0m | $624.4m | ($978.4m) | $1.4b | |
| Change In Receivables | — | — | — | — | — | — | ($763.3m) | ($566.5m) | ($555.6m) | ($2.3b) | $54.5m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($732.8m) | ($554.7m) | ($547.2m) | ($2.3b) | $54.5m | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | $17.8m | $5.2m | $926k | $2.6m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | ($885k) | ($4.4m) | ($3.2m) | $2.1m | $13.1m | $633k | ($30.4m) | ($11.8m) | $21.8m | $3.2m | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $2.2b | $3.3b | $3.2b | $3.0b | $3.3b | $3.0b | $3.2b | $3.4b | $3.2b | $3.3b | — | |
| Other Operating Income (Expense), Net | — | ($1.2m) | $10.6m | $16.4m | ($8.1m) | $23.3m | $13.1m | $22.5m | $30.7m | $23.2m | — | |
| Net Cash Provided by (Used in) Operating Activities | $406.7m |
$259.2m
-36.26%
|
$10.8m
-95.84%
|
$199.0m
+1747.25%
|
$343.5m
+72.61%
|
$1.1b
+224.55%
|
$692.2m
-37.91%
|
$1.3b
+81.38%
|
$1.8b
+46.93%
|
($40.9m)
-102.22%
|
$2.5b
+6098.11%
|
|
| Cash flows from investing activities: | ||||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $1.5b | $2.0b | $1.2b | $1.3b | $1.5b | $1.8b | $1.0b | $934.0m | $1.5b | $1.6b | — | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | — | $22.6m | $95k | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $466.9m | $0 | $0 | — | — | — | — | — | — | ($13.9m) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($36.8m) | ($31.1m) | $230.1m | ($51.3m) | ($60.5m) | |
| Net Cash Provided by (Used in) Investing Activities | ($144.4m) | $178.4m | $638.6m | ($774.3m) | $489.9m | ($1.1b) | ($655.8m) | ($855.6m) | $280.5m | ($628.7m) | ($1.9b) | |
| Cash flows from financing activities: | ||||||||||||
| Issuance Of Debt | — | — | — | — | — | $0 | $79.0m | — | — | — | $79.0m | |
| Long Term Debt Issuance | — | — | — | — | — | $0 | $79.0m | $5.2m | ($19.4m) | — | $79.0m | |
| Long Term Debt Payments | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $79.0m | $5.2m | ($19.4m) | $0 | ($5.2m) | |
| Repayment Of Debt | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Payments for Repurchase of Common Stock | $509.8m | $261.2m | $0 | $0 | — | — | $35.0m | $0 | $199.9m | $887.7m | — | |
| Payments of Ordinary Dividends, Common Stock | $132.3m | $135.0m | $133.5m | $137.2m | $141.6m | $145.6m | $149.3m | $153.8m | $151.8m | $142.7m | ($167.1m) | |
| Proceeds from Issuance of Common Stock | $224k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($149.3m) | ($153.8m) | ($151.8m) | ($142.7m) | ($136.8m) | |
| Common Stock Payments | — | — | — | — | — | — | ($35.0m) | $0 | ($199.9m) | ($887.7m) | ($546.5m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($35.0m) | $0 | ($199.9m) | ($887.7m) | ($546.5m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($35.0m) | $0 | ($199.9m) | ($887.7m) | ($546.5m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($179.6m) | ($184.0m) | ($182.0m) | ($173.0m) | ($167.1m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($30.2m) | ($30.2m) | ($30.2m) | ($30.2m) | ($30.2m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($14.0m) | ($23.6m) | ($15.9m) | ($26.6m) | ($31.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($201.6m) |
($545.7m)
-170.70%
|
($186.2m)
+65.88%
|
$277.5m
+249.03%
|
($908.8m)
-427.48%
|
($186.1m)
+79.52%
|
($149.6m)
+19.60%
|
($202.4m)
-35.25%
|
($417.3m)
-106.20%
|
($1.1b)
-160.55%
|
($750.7m)
+30.95%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($9.3m) | $17.2m | $466.2m | ($253.6m) | ($73.2m) | ($185.5m) | ($143.0m) | $209.3m | $1.7b | ($1.7b) | $1.2b | |
| Beginning Cash Position | — | — | — | — | — | — | $1.3b | $1.2b | $1.4b | $3.1b | $1.4b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($9.3m) | $17.2m | $1.8b | $1.6b | $1.5b | $1.3b | $1.2b | $1.4b | $3.1b | $1.3b | $1.2b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($9.3m) | $17.2m | $3.1m | $44.2m | $2.2m | ($74k) | ($29.8m) | $11.8m | ($28.3m) | $14.5m | ($4.4m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($29.8m) | $11.8m | ($28.3m) | $14.5m | ($4.4m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $64.8m | $59.6m | $54.1m | $59.4m | $59.9m | $63.6m | $64.2m | $62.6m | — | |
| Income Taxes Paid, Net | $12.0m | $0 | $15.7m | $39.9m | $4.4m | $45.1m | $33.4m | $77.5m | $80.6m | $126.8m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($66.9m) | $60.3m | $21.4m | $30.1m | ($135.9m) | $53.8m | $13.9m | $67.8m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $121.3m | ($134.7m) | $29.2m | $12.0m | ($81.1m) | ($315k) | $157.9m | ($58.1m) | $50.8m | ($142.0m) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | $6.0m | $0 | $0 | — | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | — | — | — | — | — | ($7.2m) | ($5.0m) | — | |
| Goodwill | $47.1m | $102.0m | $102.0m | $102.0m | $100.8m | $100.8m | $100.8m | $100.8m | $66.5m | $66.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $513.4m | ($369.0m) | $43.0m | $323.5m | ($120.4m) | $618.6m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $6.3m | ($7.5m) | ($29.5m) | $23.7m | ($12.3m) | $62.4m | $22.0m | $26.3m | ($55.6m) | $216.7m | — | |
| Operating Lease, Expense | — | — | — | $28.0m | — | — | — | — | — | — | — | |
| Pension Cost (Reversal of Cost) | $23.0m | $24.0m | $27.0m | $28.0m | $29.0m | $34.0m | $34.0m | $35.0m | $35.0m | $36.0m | — | |
| Proceeds from Noncontrolling Interests | $0 | — | — | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | ($28.2m) | — | — | — | — | — | — | $6.0m | $3.0m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($149.6m) | ($202.4m) | ($417.3m) | ($1.1b) | ($750.7m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($761.6m) | ($855.6m) | $280.5m | ($628.7m) | ($1.9b) | |
| Change In Account Payable | — | — | — | — | — | — | $197.6m | $49.1m | $94.1m | ($16.3m) | $340.6m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($143.0m) | $209.3m | $1.7b | ($1.7b) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($45.8m) | ($71.5m) | ($122.6m) | $149.8m | $69.6m | |
| Change In Payable | — | — | — | — | — | — | $197.6m | $49.1m | $94.1m | ($16.3m) | $340.6m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($176.5m) | ($365.7m) | ($31.3m) | ($203.5m) | ($400.6m) | |
| Changes In Cash | — | — | — | — | — | — | ($113.2m) | $197.6m | $1.7b | ($1.8b) | ($181.7m) | |
| End Cash Position | — | — | — | — | — | — | $1.2b | $1.4b | $3.1b | $1.3b | $1.2b | |
| Financing Cash Flow | — | — | — | — | — | — | ($149.6m) |
($202.4m)
-35.25%
|
($417.3m)
-106.20%
|
($1.1b)
-160.55%
|
($750.7m)
+30.95%
|
|
| Free Cash Flow | — | — | — | — | — | — | $798.0m | $1.3b | $1.8b | ($40.9m) | $2.5b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $401.0m | $54.9m | $97.0m | ($124.0m) | ($115.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($761.6m) | ($855.6m) | $280.5m | ($628.7m) | ($1.9b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | ($22.2m) | ($14.4m) | ($10.7m) | $25.9m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($586.3m) | ($463.9m) | $183.2m | ($565.9m) | ($1.8b) | |
| Net Preferred Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | $401.0m | $54.9m | $97.0m | ($124.0m) | ($115.8m) | |
| Other Non Cash Items | — | — | — | — | — | $3.8m | $11.4m | $5.2m | — | — | — | |
| Preferred Stock Payments | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($22.2m) | ($14.4m) | ($10.7m) | ($13.9m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($8.2b) | ($6.8b) | ($11.2b) | ($9.9b) | ($10.2b) | |
| Sale Of Investment | — | — | — | — | — | — | $7.6b | $6.4b | $11.3b | $9.3b | $8.5b | |
| Stock Based Compensation | — | — | — | — | — | — | $48.5m | $54.1m | $42.7m | $45.2m | $53.2m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | ($30.1m) | $135.9m | ($53.8m) | — | — | ($92.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.