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Operating Margin for AXIS Capital Holdings (AXS)

As of · Reported

Metric

TTM

19.6%

YoY change

+1.92pp

Trough year (2017)

-8.3%

Peak year (2002)

41.6%

Operating Margin history chart for AXIS Capital Holdings (AXS) from 2002 to 2025

Latest: 18.7%

Operating Margin change chart for AXIS Capital Holdings (AXS) from 2002 to 2025

Latest: +1.92pp

Operating Margin history table for AXIS Capital Holdings (AXS) from 2002 to 2025

  • 202518.7%+1.92pp
  • 202416.8%+9.62pp
  • 20237.1%+2.54pp
  • 20224.6%-7.61pp
  • 202112.2%+14.91pp
  • 2020-2.7%-9.22pp
  • 20196.5%+6.26pp
  • 20180.2%+8.53pp
  • 2017-8.3%-20.93pp
  • 201612.6%-2.59pp
  • 201515.2%-3.43pp
  • 201418.7%+1.05pp
  • 201317.6%+3.49pp
  • 201214.1%+12.53pp
  • 20111.6%-23.50pp
  • 201025.1%+5.73pp
  • 200919.4%+4.88pp
  • 200814.5%-20.63pp
  • 200735.1%+2.75pp
  • 200632.4%+28.78pp
  • 20053.6%-19.09pp
  • 200422.7%-11.44pp
  • 200334.1%-7.49pp
  • 200241.6%—

Operating Margin values are taken from AXIS Capital Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at AXIS Capital Holdings (AXS)

According to AXIS Capital Holdings's latest reported financial statements, the company's latest reported operating margin is 19.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, AXIS Capital Holdings (AXS) reported operating margin of 18.67% – expanded 1.9 percentage points year-over-year.

41.62% stands as the all-time-high annual operating margin, posted in 2002, against a low of -8.29% during 2017.

AXIS Capital Holdings Operating Margin by Year

AXIS Capital Holdings Operating Margin 2025: 18.7%

AXIS Capital Holdings posted operating margin of 18.67% in 2025, expanded 1.9 percentage points from 2024.

AXIS Capital Holdings Operating Margin 2024: 16.8%

In 2024, AXIS Capital Holdings reported operating margin of 16.75%, expanded 9.6 percentage points from 2023.

AXIS Capital Holdings Operating Margin 2023: 7.1%

AXIS Capital Holdings operating margin in 2023 was 7.13%, expanded 2.5 percentage points from 2022.

AXIS Capital Holdings Operating Margin 2022: 4.6%

2022's operating margin for AXIS Capital Holdings came in at 4.58%, contracted 7.6 percentage points from 2021.

AXIS Capital Holdings Operating Margin 2021: 12.2%

AXIS Capital Holdings operating margin in 2021 was 12.19%.

See more financial history for AXIS Capital Holdings (AXS).

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