AXIS Capital Holdings Limited
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
8.487.79
Price/Sales ratio
1.331.29
Earnings per Share (EPS)
$11.21$12.19

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
6.578.6411.54-11.45100.2215.41-36.347.4520.6012.5211.6015.41
Price/Sales ratio
1.221.431.470.920.840.960.870.860.890.831.260.84
Price/Book Value ratio
0.910.940.940.790.850.890.800.850.990.891.230.85
Price/Cash Flow ratio
6.187.0014.5616.30400.2525.0512.364.136.643.754.1725.05
Price/Free Cash Flow ratio
6.187.0022.5014.85-300.9036.6914.204.287.013.754.19-300.90
Price/Earnings Growth ratio
0.29-0.49-0.720.06-0.890.020.25-0.01-0.300.150.88-0.89
Dividend Yield
2.95%2.86%2.90%4.44%4.08%3.60%4.08%3.81%3.90%3.90%1.47%3.60%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%99.78%99.80%99.76%100%
Operating Profit Margin
20.96%18.06%14.25%-5.30%1.59%6.39%-2.57%12.35%7.11%88.08%15.10%1.59%
Pretax Profit Margin
19.10%16.74%13.02%-8.04%0.24%6.52%-2.66%12.19%4.73%7.09%9.43%0.24%
Net Profit Margin
18.65%16.66%12.81%-8.06%0.84%6.25%-2.41%11.62%4.34%6.69%10.96%0.84%
Effective Tax Rate
3.11%0.46%1.21%2.04%-235.09%7.02%9.54%9.61%9.06%6.60%-14.02%-235.09%
Return on Assets
4.06%3.21%2.46%-1.49%0.17%1.26%-0.45%2.26%0.80%1.24%1.97%0.17%
Return On Equity
13.92%10.93%8.18%-6.90%0.85%5.83%-2.20%11.43%4.80%7.14%11.47%0.85%
Return on Capital Employed
13.37%10.14%7.86%-3.61%1.32%1.36%-0.50%2.52%1.40%16.35%2.72%1.32%
Liquidity Ratios
Current Ratio
1.251.241.241.030.960.99N/AN/AN/AN/A71.810.96
Quick Ratio
1.271.251.251.060.9922.3427.6923.5820.89N/A71.810.99
Cash ratio
0.090.080.090.070.100.910.820.630.49N/A8.510.10
Days of Sales Outstanding
320.61394.72431.68513.94494.90N/AN/AN/AN/AN/A7.79N/A
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/A-349.71KN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/A-349.71KN/A7.79N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/A53.82K59.93K48.89KN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/A-403.53K-59.93K-48.89KN/A
Debt Ratios
Debt Ratio
0.040.040.040.050.050.070.050.040.050.040.040.07
Debt Equity Ratio
0.170.160.150.250.260.340.240.240.320.260.220.34
Long-term Debt to Capitalization
0.140.140.130.200.210.250.190.190.240.210.180.25
Total Debt to Capitalization
0.140.140.130.200.210.250.190.190.240.210.180.25
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A12.82N/A
Cash Flow to Debt Ratio
0.870.790.400.180.000.100.260.850.460.891.290.00
Company Equity Multiplier
3.423.403.314.634.794.614.885.055.945.745.374.79
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.190.200.100.050.000.030.070.200.130.220.300.00
Free Cash Flow / Operating Cash Flow Ratio
110.641.09-1.330.680.860.960.9410.99-1.33
Cash Flow Coverage Ratio
0.870.790.400.180.000.100.260.850.460.891.290.00
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
19.45%24.74%33.54%-50.91%409.39%55.59%-148.46%28.42%80.50%48.90%28.36%55.59%