Tearsheet

Axis Capital (AXS)


Market Price (4/25/2026): $99.3 | Market Cap: $7.5 Bil
Sector: Financials | Industry: Life & Health Insurance

Axis Capital (AXS)


Market Price (4/25/2026): $99.3
Market Cap: $7.5 Bil
Sector: Financials
Industry: Life & Health Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -56%

Stock buyback support
Stock Buyback 3Y Total is 1.1 Bil

Low stock price volatility
Vol 12M is 22%

Megatrend and thematic drivers
Megatrends include Cybersecurity, Renewable Energy Transition, and AI in Financial Services. Themes include Software Security, Show more.

Key risks
AXS key risks include [1] major underwriting losses from catastrophic events amplified by climate change and [2] a high dependency on investment income vulnerable to financial market volatility.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -56%
2 Stock buyback support
Stock Buyback 3Y Total is 1.1 Bil
3 Low stock price volatility
Vol 12M is 22%
4 Megatrend and thematic drivers
Megatrends include Cybersecurity, Renewable Energy Transition, and AI in Financial Services. Themes include Software Security, Show more.
5 Key risks
AXS key risks include [1] major underwriting losses from catastrophic events amplified by climate change and [2] a high dependency on investment income vulnerable to financial market volatility.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Axis Capital (AXS) stock has lost about 5% since 12/31/2025 because of the following key factors:

1. Broader Insurance Sector Headwinds and Underperformance: The general insurance brokerage industry experienced a deceleration in performance during the first quarter of 2026, with collective revenues falling short of analyst forecasts by 1.1% and the share prices of tracked companies declining by an average of 5.9% following earnings announcements. This broader sector weakness likely contributed to negative investor sentiment towards Axis Capital.

2. Softening Property Market and Persistent Casualty Challenges: The property insurance market saw easing rates and increased capacity in Q1 2026, with property rates reportedly falling by approximately 8% in Q4 2025 due to higher competition and lower reinsurance costs, which can pressure premium growth. Concurrently, the casualty market continued to grapple with rising repair costs, driven by vehicle technology and social inflation, leading to average loss severity more than doubling since 2015. These market dynamics likely impacted Axis Capital's underwriting profitability and growth prospects.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The -6.9% change in AXS stock from 12/31/2025 to 4/24/2026 was primarily driven by a -8.9% change in the company's P/E Multiple.
(LTM values as of)123120254242026Change
Stock Price ($)106.6299.31-6.9%
Change Contribution By: 
Total Revenues ($ Mil)6,2866,4262.2%
Net Income Margin (%)16.1%15.7%-2.6%
P/E Multiple8.27.4-8.9%
Shares Outstanding (Mil)78762.6%
Cumulative Contribution-6.9%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/24/2026
ReturnCorrelation
AXS-6.9% 
Market (SPY)4.2%1.4%
Sector (XLF)-6.1%34.4%

Fundamental Drivers

The 4.5% change in AXS stock from 9/30/2025 to 4/24/2026 was primarily driven by a 7.6% change in the company's Net Income Margin (%).
(LTM values as of)93020254242026Change
Stock Price ($)95.0099.314.5%
Change Contribution By: 
Total Revenues ($ Mil)6,1136,4265.1%
Net Income Margin (%)14.6%15.7%7.6%
P/E Multiple8.37.4-10.8%
Shares Outstanding (Mil)78763.6%
Cumulative Contribution4.5%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/24/2026
ReturnCorrelation
AXS4.5% 
Market (SPY)7.0%-3.9%
Sector (XLF)-4.2%36.8%

Fundamental Drivers

The 0.8% change in AXS stock from 3/31/2025 to 4/24/2026 was primarily driven by a 10.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)33120254242026Change
Stock Price ($)98.5299.310.8%
Change Contribution By: 
Total Revenues ($ Mil)6,0196,4266.8%
Net Income Margin (%)18.0%15.7%-12.6%
P/E Multiple7.67.4-1.9%
Shares Outstanding (Mil)837610.2%
Cumulative Contribution0.8%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/24/2026
ReturnCorrelation
AXS0.8% 
Market (SPY)28.1%34.4%
Sector (XLF)4.3%55.1%

Fundamental Drivers

The 95.3% change in AXS stock from 3/31/2023 to 4/24/2026 was primarily driven by a 273.3% change in the company's Net Income Margin (%).
(LTM values as of)33120234242026Change
Stock Price ($)50.8599.3195.3%
Change Contribution By: 
Total Revenues ($ Mil)5,3056,42621.1%
Net Income Margin (%)4.2%15.7%273.3%
P/E Multiple19.37.4-61.4%
Shares Outstanding (Mil)857611.9%
Cumulative Contribution95.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/24/2026
ReturnCorrelation
AXS95.3% 
Market (SPY)79.8%29.0%
Sector (XLF)67.0%52.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AXS Return12%3%6%64%23%-5%132%
Peers Return20%22%8%26%16%2%134%
S&P 500 Return27%-19%24%23%16%4%89%

Monthly Win Rates [3]
AXS Win Rate50%50%50%67%67%50% 
Peers Win Rate58%60%53%58%63%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
AXS Max Drawdown-11%-9%-5%-2%-3%-8% 
Peers Max Drawdown-10%-11%-11%-0%-7%-7% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: RNR, ACGL, WRB, MKL, CB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/24/2026 (YTD)

How Low Can It Go

Unique KeyEventAXSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-22.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven28.9%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven186 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-49.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven97.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven1,453 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-32.5%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven48.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven2,269 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-57.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven132.9%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,471 days1,480 days

Compare to RNR, ACGL, WRB, MKL, CB

In The Past

Axis Capital's stock fell -22.4% during the 2022 Inflation Shock from a high on 5/7/2021. A -22.4% loss requires a 28.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Axis Capital (AXS)

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers property insurance products for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance products covering offshore energy, cargo, liability, recreational marine, fine art, specie, and hull war; and terrorism, aviation, credit and political risk, and liability insurance products. It also provides professional insurance products that cover directors' and officers' liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers. In addition, this segment offers accidental death, travel, and specialty health products for employer and affinity groups. The Reinsurance segment offers reinsurance products to insurance companies, including catastrophe reinsurance products; property reinsurance products covering property damage and related losses resulting from natural and man-made perils; professional lines; credit and surety; and motor liability products. This segment also provides agriculture reinsurance products; coverages for various types of construction risks and risks related to erection, testing, and commissioning of machinery and plants during the construction stage; marine and aviation reinsurance products; and personal accident, specialty health, accidental death, travel, life and disability reinsurance products. The company was founded in 2001 and is headquartered in Pembroke, Bermuda.

AI Analysis | Feedback

Here are 1-3 brief analogies for Axis Capital (AXS):

  • It's like Amazon Web Services (AWS) for the insurance world, providing the specialized backend infrastructure and complex risk capacity that other insurers and large companies rely on globally.

  • Think of it as the 'insurance special forces,' specializing in high-stakes, complex, and unusual risks – from offshore oil rigs to directors' and officers' liability – that general insurers typically avoid, similar to how Lloyd's of London handles unique global coverage.

AI Analysis | Feedback

  • Property Insurance and Reinsurance: Provides coverage for commercial, residential, and construction properties against various perils, including catastrophe reinsurance.
  • Marine Insurance and Reinsurance: Offers protection for offshore energy, cargo, vessels, and related liabilities, as well as marine and aviation reinsurance.
  • Specialty Insurance and Reinsurance: Covers niche risks such as terrorism, aviation, credit and political risks, motor liability, and agriculture reinsurance.
  • Professional Lines Insurance and Reinsurance: Delivers coverage for professional liabilities like Directors' & Officers' (D&O), Errors & Omissions (E&O), cyber, and medical malpractice.
  • Accident & Health Insurance and Reinsurance: Offers products for accidental death, travel, specialty health, life, and disability for employer and affinity groups, along with reinsurance for these lines.

AI Analysis | Feedback

Major Customers of Axis Capital (AXS)

Axis Capital (AXS) primarily sells its specialty insurance and reinsurance products to other companies and organizations, not directly to individuals. The provided company description does not list specific major customer company names. However, based on its operations, its customers can be identified by the following categories of businesses and organizations:

  • Insurance Companies: These are direct customers for Axis Capital's Reinsurance segment, purchasing a wide range of reinsurance products, including catastrophe, property, professional lines, credit & surety, motor liability, agriculture, marine & aviation, personal accident, life and disability reinsurance.
  • Commercial Enterprises, Financial Institutions, Not-for-Profit Organizations, and Professional Service Providers: These entities are customers for Axis Capital's Insurance segment, seeking various specialty insurance products such as property, marine, terrorism, aviation, credit and political risk, general liability, directors' and officers' liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, cyber and privacy, and medical malpractice.
  • Employer and Affinity Groups: These groups purchase specialty health, accidental death, and travel insurance products for their members or employees from Axis Capital's Insurance segment.

AI Analysis | Feedback

null

AI Analysis | Feedback

Vincent C. Tizzio, President and CEO

Vincent C. Tizzio is the President and CEO of AXIS Capital. He has a proven track record as a business leader at both large global and mid-size insurance carriers, with a deep understanding of the specialty space. Mr. Tizzio previously served as EVP and Head of Global Specialty at The Hartford, where he led a multi-billion dollar business. Prior to that, he was President and CEO of Navigators Management Company for seven years, leading the organization until its acquisition by The Hartford in 2019. He also held senior leadership roles at Zurich Financial Services and AIG. Mr. Tizzio received a B.A. degree in finance and sociology from Adelphi University. His father was an insurance executive at AIG.

Peter J. Vogt, Chief Financial Officer (Current)

Peter J. Vogt was appointed Chief Financial Officer of AXIS Capital in January 2018. He previously served as the Company's Deputy CFO from July 2017 to January 2018 and as the Chief Operating Officer of AXIS Insurance from 2013 to June 2017. Mr. Vogt joined AXIS in 2010 as CFO and COO of the Accident & Health business unit. Before joining AXIS, he served as CFO of Penn Mutual Life Insurance Company and held the CFO role at CIGNA's Group Insurance business. Mr. Vogt will serve as a strategic advisor to AXIS Capital through the end of 2026 to support the transition to the incoming CFO.

Matthew Kirk, Chief Financial Officer (Incoming, effective March 2026)

Matthew Kirk will be appointed as AXIS Capital's next Chief Financial Officer, effective March 31, 2026. He is expected to join AXIS in the fourth quarter of 2025, initially serving in an advisory capacity. Mr. Kirk currently serves as CFO of Enstar Group Limited, a position he has held since March 2023. He brings nearly 30 years of experience in insurance, finance, and accounting. His prior roles include Group Treasurer at Enstar and executive leadership positions at Sirius International Insurance Group, where he served as Group Treasurer and President and Managing Director of Sirius Investment Advisors. Mr. Kirk began his career at Arthur Andersen as an assurance and business advisory manager. He holds an MBA from Columbia University and a bachelor's degree from the University of Delaware.

Conrad D. Brooks, Chief Administrative and Legal Officer

Conrad D. Brooks is the Chief Administrative and Legal Officer of AXIS Capital, a role he assumed in January 2024. Before this appointment, he served as AXIS's General Counsel since January 2017 and as the company's Corporate Counsel for nearly a decade prior. Mr. Brooks joined AXIS in 2007. Earlier in his career, he was a partner and practice team leader in the corporate and securities practice at McKenna Long & Aldridge LLP (now Dentons). He is also a former officer in the United States Navy. Mr. Brooks holds a BS from the University of Illinois, an MBA (Finance) from Old Dominion University, and a JD from Georgia State University College of Law.

Ann Haugh, Group Chief Operations Officer

Ann Haugh is the Group Chief Operations Officer (COO) of AXIS Capital. Throughout her more than 30-year global career, Ms. Haugh has held progressive underwriting and transformation senior leadership roles at companies such as Zurich Insurance, Arch Insurance, Aspen Insurance, and Thomas Miller. She has a proven track record of building and reshaping businesses, delivering underwriting growth and profitability, and developing and leading large-scale transformation programs. Ms. Haugh was elevated to her current role after leading the company's "How We Work" transformation.

AI Analysis | Feedback

The key risks to Axis Capital (AXS) primarily stem from the inherent nature of its specialty insurance and reinsurance operations, including exposure to significant catastrophic events, the complexity of accurately pricing diverse risks, and market fluctuations impacting its investment portfolio.

  1. Climate Change and Catastrophic Events: As a global specialty underwriter and provider of insurance and reinsurance solutions, Axis Capital is highly exposed to natural and man-made catastrophes, a risk potentially exacerbated by climate change. The company's reinsurance segment specifically offers catastrophe reinsurance products, and its insurance segment provides property insurance for various installations, making it vulnerable to substantial losses from unpredictable events such as hurricanes, floods, and other natural disasters. Axis Capital explicitly recognizes climate-related risks as a major threat and employs an Exposure Management Centre of Excellence, along with catastrophe models, to inform its underwriting decisions and manage this exposure.

  2. Underwriting and Pricing Risk: A fundamental risk for Axis Capital involves the accurate assessment and pricing of the diverse and complex risks it underwrites across its specialty insurance and reinsurance segments. Misjudging the likelihood or severity of claims, or competitive pressures leading to inadequate premium rates, can directly impact profitability. This risk is further compounded by "social inflation," which refers to rising litigation costs and higher jury awards in liability cases, particularly in U.S. casualty lines, putting pressure on loss ratios and reserves. Additionally, geopolitical conflicts and heightened tail risks in specialized lines such as marine war-risk, aviation, and political violence can lead to large, concentrated claims, challenging the company's risk selection and aggregation limits.

  3. Investment Risk: Like other insurance and reinsurance companies, Axis Capital maintains a substantial investment portfolio, primarily funded by collected premiums, to support its liabilities. The company's financial results are therefore susceptible to market and investment risks, including fluctuations in interest rates, credit spreads, and equity prices. A significant portion of its investments are in fixed maturities, which are particularly vulnerable to changes in interest rates or credit spreads, potentially adversely impacting the value of its investment portfolio and overall financial performance.

AI Analysis | Feedback

null

AI Analysis | Feedback

AXIS Capital Holdings Limited (AXS) operates in two primary segments: Insurance and Reinsurance, offering a diverse range of specialized products. The addressable markets for their main products and services are substantial on a global scale.

Insurance Segment

  • Specialty Insurance: The global specialty insurance market was valued at approximately USD 112.77 billion in 2025 and is projected to grow to about USD 337.89 billion by 2034. North America held a significant share of 39.00% in 2025. Another estimate placed the global market at USD 118.35 billion in 2024, with a projection to reach USD 285.99 billion by 2033.
  • Commercial Property Insurance: The global commercial property insurance market reached USD 332.1 billion in 2025 and is expected to grow to USD 711.4 billion by 2034. Europe currently dominates this market. Other estimates include USD 378.18 billion in 2025, expected to reach USD 658.41 billion by 2030, globally.
  • Marine Insurance: The global marine insurance market was valued at USD 35.0 billion in 2024, with projections indicating growth to USD 45.7 billion by 2033. Europe holds the largest market share, exceeding 48.7% in 2024. Global marine insurance premiums totaled USD 39.92 billion in 2024.
  • Cyber Insurance: The global cyber insurance market was estimated between USD 16 billion and USD 20 billion in 2025, with forecasts suggesting growth to between USD 30 billion and USD 50 billion by 2030. North America accounts for 60% to 70% of global premiums. Another source indicates the global market size at USD 26.25 billion in 2025, projected to reach USD 223.47 billion by 2034.
  • Aviation Insurance: The global aviation insurance market was valued at USD 5.32 billion in 2025 and is predicted to increase to USD 9.66 billion by 2035. North America led this market in 2025.
  • Credit and Political Risk Insurance: The global credit and political risk market was estimated to be worth USD 49 billion in 2025.
  • Professional Liability Insurance (including D&O, E&O, Medical Malpractice): The global professional liability insurance market was valued at approximately USD 45 billion in 2023 and is anticipated to reach around USD 75 billion by 2032. North America is a dominant region in this market. Another source states the market size as USD 49 billion in 2026, growing to USD 66.2 billion by 2035.

Reinsurance Segment

  • Reinsurance (Overall): The global reinsurance market was valued at USD 621.39 billion in 2025 and is projected to grow to USD 1403.7 billion by 2034. Europe dominated the reinsurance market with a 37% share in 2025. Another estimate places the global reinsurance market size at USD 711.75 billion in 2024, projected to reach USD 2000.08 billion by 2034. North America contributed over 44% of revenue share in 2024. Gross reinsurance premiums globally reached USD 900 billion at year-end 2023.
  • Agriculture Reinsurance: The global agriculture reinsurance market size was valued at USD 18.46 billion in 2024 and is expected to grow to USD 52.44 billion by 2033. North America is the largest market, holding approximately 45% of the global share.
  • Construction Risks Reinsurance: The global construction insurance market (often including reinsurance elements) is set to grow from USD 10.92 billion in 2026 to USD 16.38 billion by 2035. North America and Europe are noted as the strongest coverage regions. The global construction liability insurance market is projected to increase from USD 11.5 billion in 2023 to an estimated USD 18.7 billion by 2032.

AI Analysis | Feedback

Axis Capital (AXS) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market strategies:

  1. Strategic Focus on Specialty Insurance Lines and Underwriting Discipline: The company is committed to its specialty-focused strategy, emphasizing disciplined underwriting across its diversified portfolio. This approach aims to maintain premium adequacy and has driven "mid to high single-digit increases in insurance gross written premiums" for 2026. The insurance segment has demonstrated strong performance, with gross written premiums increasing by 9% in 2025.
  2. Investments in Technology and AI: Axis Capital is making strategic investments in artificial intelligence and technology to modernize its underwriting platform and enhance operational efficiency. These investments, including an "AI-enabled front end," are contributing to the expansion of its lower middle market business and the launch of new business classes.
  3. Expansion of New and Expanded Business Classes, including AXIS Capacity Solutions: A significant driver is the launch and growth of new and expanded business classes and product offerings. This includes the introduction of AXIS Capacity Solutions (ACS) in August 2025, a new unit focused on structured and multi-line portfolio capacity deals. This initiative is expected to potentially boost insurance growth into double digits. The company is also focusing on new business in areas like mortgage, credit, and surety.
  4. Organic Growth Opportunities: Management is prioritizing organic growth opportunities, supported by investments in capabilities, underwriting tools, and new underwriting teams. This strategy leverages Axis Capital's global specialty platform and its global distribution model, which is centered on customer relationships and broker partnerships.

AI Analysis | Feedback

Share Repurchases

  • In 2025, Axis Capital repurchased $888 million of its common shares as part of over $1 billion returned to common shareholders.
  • In 2024, the company repurchased $200 million of shares.
  • As of February 26, 2026, Axis Capital authorized a new open-ended $300 million share repurchase program, supplementing an existing program with $112 million remaining as of December 31, 2025.

Outbound Investments

  • In 2025, Axis Capital accelerated its investment threshold, with an emphasis on scaling new and expanded lines and integrating a new AI-enabled front end within the organization.
  • Strategic investments were made in product and channel expansion and significant underwriting platform enhancements in North America in 2025.
  • The company introduced AXIS Capacity Solutions (ACS) to leverage its expertise with third-party capital, completing several transactions.

Capital Expenditures

  • Axis Capital committed to deploying $100 million through its "How We Work" program to strengthen operations and go-to-market strategies, with these efforts accelerating in 2025.
  • The company plans continued investments in technology and new business lines for 2026.
  • Investments in 2025 included scaling new and expanded lines and integrating an AI-enabled front end.

Trade Ideas

Select ideas related to AXS.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
3.1%3.1%0.0%
MKTX_3202026_Dip_Buyer_FCFYield03202026MKTXMarketAxessDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-5.2%-5.2%-5.7%
RYAN_3202026_Insider_Buying_GTE_1Mil_EBITp+DE_V203202026RYANRyan SpecialtyInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-2.7%-2.7%-8.5%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AXSRNRACGLWRBMKLCBMedian
NameAxis Cap.Renaissa.Arch Cap.WR Berkl.Markel Chubb  
Mkt Price99.31309.3896.1966.531,912.45326.12204.34
Mkt Cap7.513.634.626.423.7128.025.0
Rev LTM6,42612,77719,29414,64016,33360,06015,486
Op Inc LTM-------
FCF LTM-413,6936,1283,4132,55412,8163,553
FCF 3Y Avg1,0203,2576,1493,2872,47413,8773,272
CFO LTM-413,6936,1723,5832,76112,8163,638
CFO 3Y Avg1,0203,2576,1983,3972,71413,8773,327

Growth & Margins

AXSRNRACGLWRBMKLCBMedian
NameAxis Cap.Renaissa.Arch Cap.WR Berkl.Markel Chubb  
Rev Chg LTM6.8%9.7%14.0%6.9%-2.5%7.0%7.0%
Rev Chg 3Y Avg6.6%39.3%26.5%9.3%12.4%11.9%12.1%
Rev Chg Q8.8%29.6%5.6%-0.1%4.7%8.2%6.9%
QoQ Delta Rev Chg LTM2.2%5.6%1.3%-0.0%1.2%2.0%1.7%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM-0.6%28.9%32.0%24.5%16.9%21.3%22.9%
CFO/Rev 3Y Avg17.5%28.6%38.2%25.2%16.7%25.1%25.1%
FCF/Rev LTM-0.6%28.9%31.8%23.3%15.6%21.3%22.3%
FCF/Rev 3Y Avg17.5%28.6%37.9%24.4%15.2%25.1%24.8%

Valuation

AXSRNRACGLWRBMKLCBMedian
NameAxis Cap.Renaissa.Arch Cap.WR Berkl.Markel Chubb  
Mkt Cap7.513.634.626.423.7128.025.0
P/S1.21.11.81.81.42.11.6
P/Op Inc-------
P/EBIT5.93.36.711.08.19.37.4
P/E7.45.17.914.811.212.49.5
P/CFO-183.63.75.67.48.610.06.5
Total Yield15.3%20.3%12.7%9.4%8.9%9.2%11.1%
Dividend Yield1.9%0.6%0.0%2.7%0.0%1.2%0.9%
FCF Yield 3Y Avg17.0%27.4%19.2%14.2%11.2%12.9%15.6%
D/E0.20.20.10.10.20.10.2
Net D/E-0.6-0.9-0.3-0.9-0.3-0.2-0.4

Returns

AXSRNRACGLWRBMKLCBMedian
NameAxis Cap.Renaissa.Arch Cap.WR Berkl.Markel Chubb  
1M Rtn-1.7%5.5%3.1%3.2%1.0%0.9%2.1%
3M Rtn-2.3%13.3%3.5%-0.8%-5.8%8.7%1.4%
6M Rtn9.9%27.5%10.4%-9.8%1.8%16.4%10.1%
12M Rtn5.7%36.6%4.4%-4.8%5.8%17.1%5.7%
3Y Rtn88.8%51.2%39.4%87.2%45.1%69.0%60.1%
1M Excs Rtn-10.4%-3.2%-5.6%-5.5%-7.7%-7.8%-6.6%
3M Excs Rtn-5.9%9.7%-0.1%-4.4%-9.4%5.1%-2.2%
6M Excs Rtn2.0%21.0%2.5%-16.7%-5.6%11.7%2.2%
12M Excs Rtn-27.0%-3.6%-29.3%-37.4%-26.8%-17.2%-26.9%
3Y Excs Rtn12.2%-20.0%-32.2%-0.7%-31.6%-6.2%-13.1%

Comparison Analyses

null

Financials

Price Behavior

Price Behavior
Market Price$99.31 
Market Cap ($ Bil)7.5 
First Trading Date07/01/2003 
Distance from 52W High-8.3% 
   50 Days200 Days
DMA Price$101.54$98.93
DMA Trendindeterminatedown
Distance from DMA-2.2%0.4%
 3M1YR
Volatility22.2%22.2%
Downside Capture0.230.08
Upside Capture21.6516.14
Correlation (SPY)10.8%7.7%
AXS Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta-0.02-0.06-0.22-0.200.460.45
Up Beta-1.30-0.75-0.010.050.570.46
Down Beta-0.54-0.41-0.55-0.340.540.57
Up Capture12%12%-29%-7%18%19%
Bmk +ve Days7162765139424
Stock +ve Days10203071141415
Down Capture43%22%8%-35%35%49%
Bmk -ve Days12233358110323
Stock -ve Days12223355111334

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AXS
AXS6.3%22.2%0.20-
Sector ETF (XLF)8.9%14.7%0.3640.2%
Equity (SPY)34.0%12.6%2.057.6%
Gold (GLD)42.9%27.2%1.293.8%
Commodities (DBC)46.4%18.0%1.97-3.0%
Real Estate (VNQ)14.2%13.3%0.7430.0%
Bitcoin (BTCUSD)-16.6%42.1%-0.32-5.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AXS
AXS16.1%24.9%0.58-
Sector ETF (XLF)9.6%18.7%0.4059.5%
Equity (SPY)12.7%17.1%0.5840.9%
Gold (GLD)21.2%17.8%0.972.1%
Commodities (DBC)14.5%19.1%0.6211.5%
Real Estate (VNQ)3.7%18.8%0.1039.4%
Bitcoin (BTCUSD)7.0%56.3%0.3412.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AXS
AXS9.0%26.5%0.36-
Sector ETF (XLF)12.7%22.2%0.5362.6%
Equity (SPY)14.9%17.9%0.7148.8%
Gold (GLD)13.9%15.9%0.73-0.4%
Commodities (DBC)10.1%17.8%0.4718.8%
Real Estate (VNQ)5.4%20.7%0.2349.0%
Bitcoin (BTCUSD)68.3%66.9%1.0712.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity1.0 Mil
Short Interest: % Change Since 33120262.4%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest1.7 days
Basic Shares Quantity75.7 Mil
Short % of Basic Shares1.3%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
1/28/20260.3%2.4%1.9%
10/29/20255.9%9.7%15.8%
7/29/2025-3.6%-2.9%1.3%
4/30/20251.1%3.9%7.8%
1/29/20253.1%2.9%7.6%
10/30/2024-3.2%3.3%15.1%
7/30/20241.7%-3.4%5.5%
5/1/20245.2%12.7%19.3%
...
SUMMARY STATS   
# Positive171619
# Negative785
Median Positive2.2%3.1%7.6%
Median Negative-3.2%-3.6%-0.9%
Max Positive7.3%12.7%19.3%
Max Negative-6.8%-9.2%-8.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/27/202610-K
09/30/202510/29/202510-Q
06/30/202507/29/202510-Q
03/31/202504/30/202510-Q
12/31/202402/26/202510-K
09/30/202410/30/202410-Q
06/30/202407/30/202410-Q
03/31/202405/01/202410-Q
12/31/202302/27/202410-K
09/30/202311/02/202310-Q
06/30/202308/01/202310-Q
03/31/202304/26/202310-Q
12/31/202202/27/202310-K
09/30/202210/26/202210-Q
06/30/202207/27/202210-Q
03/31/202204/27/202210-Q