AXIS Capital Holdings Ltd (AXS) - Net Assets
Based on the latest financial reports, AXIS Capital Holdings Ltd (AXS) has net assets worth $6.36 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.32 Billion) and total liabilities ($25.97 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check AXS financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.36 Billion |
| % of Total Assets | 19.67% |
| Annual Growth Rate | 5.25% |
| 5-Year Change | 17.48% |
| 10-Year Change | 1.34% |
| Growth Volatility | 13.45 |
AXIS Capital Holdings Ltd - Net Assets Trend (2002–2025)
This chart illustrates how AXIS Capital Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore AXS total assets for the complete picture of this company's asset base.
Annual Net Assets for AXIS Capital Holdings Ltd (2002–2025)
The table below shows the annual net assets of AXIS Capital Holdings Ltd from 2002 to 2025. For live valuation and market cap data, see AXS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $6.36 Billion | +4.39% |
| 2024-12-31 | $6.09 Billion | +15.70% |
| 2023-12-31 | $5.26 Billion | +13.43% |
| 2022-12-31 | $4.64 Billion | -14.24% |
| 2021-12-31 | $5.41 Billion | +2.17% |
| 2020-12-31 | $5.30 Billion | -4.48% |
| 2019-12-31 | $5.54 Billion | +10.22% |
| 2018-12-31 | $5.03 Billion | -5.83% |
| 2017-12-31 | $5.34 Billion | -14.84% |
| 2016-12-31 | $6.27 Billion | +6.91% |
| 2015-12-31 | $5.87 Billion | -0.22% |
| 2014-12-31 | $5.88 Billion | +0.20% |
| 2013-12-31 | $5.87 Billion | +1.53% |
| 2012-12-31 | $5.78 Billion | +6.17% |
| 2011-12-31 | $5.44 Billion | -3.22% |
| 2010-12-31 | $5.62 Billion | +2.27% |
| 2009-12-31 | $5.50 Billion | +23.30% |
| 2008-12-31 | $4.46 Billion | -13.52% |
| 2007-12-31 | $5.16 Billion | +16.91% |
| 2006-12-31 | $4.41 Billion | +25.63% |
| 2005-12-31 | $3.51 Billion | +8.47% |
| 2004-12-31 | $3.24 Billion | +14.94% |
| 2003-12-31 | $2.82 Billion | +43.66% |
| 2002-12-31 | $1.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AXIS Capital Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2955.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.18 Billion | 128.72% |
| Common Stock | $2.21 Million | 0.03% |
| Other Comprehensive Income | $28.43 Million | 0.45% |
| Total Equity | $6.36 Billion | 100.00% |
AXIS Capital Holdings Ltd Competitors by Market Cap
The table below lists competitors of AXIS Capital Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Krystal Biotech Inc
NASDAQ:KRYS
|
$7.71 Billion |
|
Sasol Ltd
JSE:SOL
|
$7.72 Billion |
|
Hoshine Silicon Ind Co Ltd
SHG:603260
|
$7.72 Billion |
|
Shanghai Fosun Pharmaceutical Group Co Ltd
SHG:600196
|
$7.72 Billion |
|
Compañía de Minas Buenaventura S.A.A
F:MBU
|
$7.71 Billion |
|
Lumen Technologies Inc
NYSE:LUMN
|
$7.71 Billion |
|
Ford Otomotiv Sanayi AS
IS:FROTO
|
$7.70 Billion |
|
VinFast Auto Ltd. Ordinary Shares
NASDAQ:VFS
|
$7.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AXIS Capital Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,089,379,000 to 6,356,435,000, a change of 267,056,000 (4.4%).
- Net income of 1,008,898,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 295,988,000.
- Other factors decreased equity by 1,037,830,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.01 Billion | +15.87% |
| Other Comprehensive Income | $295.99 Million | +4.66% |
| Other Changes | $-1.04 Billion | -16.33% |
| Total Change | $- | 4.39% |
Book Value vs Market Value Analysis
This analysis compares AXIS Capital Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.07x to 1.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $14.16 | $100.13 | x |
| 2003-12-31 | $18.09 | $100.13 | x |
| 2004-12-31 | $19.52 | $100.13 | x |
| 2005-12-31 | $22.30 | $100.13 | x |
| 2006-12-31 | $26.84 | $100.13 | x |
| 2007-12-31 | $31.36 | $100.13 | x |
| 2008-12-31 | $28.72 | $100.13 | x |
| 2009-12-31 | $36.58 | $100.13 | x |
| 2010-12-31 | $41.30 | $100.13 | x |
| 2011-12-31 | $42.49 | $100.13 | x |
| 2012-12-31 | $46.74 | $100.13 | x |
| 2013-12-31 | $50.45 | $100.13 | x |
| 2014-12-31 | $55.07 | $100.13 | x |
| 2015-12-31 | $58.89 | $100.13 | x |
| 2016-12-31 | $68.52 | $100.13 | x |
| 2017-12-31 | $63.50 | $100.13 | x |
| 2018-12-31 | $59.88 | $100.13 | x |
| 2019-12-31 | $65.63 | $100.13 | x |
| 2020-12-31 | $62.85 | $100.13 | x |
| 2021-12-31 | $63.44 | $100.13 | x |
| 2022-12-31 | $54.16 | $100.13 | x |
| 2023-12-31 | $61.19 | $100.13 | x |
| 2024-12-31 | $71.49 | $100.13 | x |
| 2025-12-31 | $80.19 | $100.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AXIS Capital Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.37%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 5.09x
- Recent ROE (15.87%) is above the historical average (9.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.52% | 41.85% | 0.21x | 1.52x | $69.02 Million |
| 2003 | 18.90% | 34.17% | 0.30x | 1.84x | $250.64 Million |
| 2004 | 15.29% | 22.45% | 0.24x | 2.79x | $171.19 Million |
| 2005 | 2.69% | 3.39% | 0.23x | 3.40x | $-256.80 Million |
| 2006 | 21.82% | 31.28% | 0.23x | 3.10x | $521.80 Million |
| 2007 | 21.17% | 33.85% | 0.22x | 2.84x | $576.16 Million |
| 2008 | 8.68% | 13.78% | 0.20x | 3.20x | $-58.73 Million |
| 2009 | 9.05% | 17.87% | 0.18x | 2.78x | $-52.14 Million |
| 2010 | 15.23% | 24.02% | 0.22x | 2.92x | $294.23 Million |
| 2011 | 0.85% | 1.20% | 0.22x | 3.27x | $-498.10 Million |
| 2012 | 9.47% | 14.04% | 0.21x | 3.26x | $-30.74 Million |
| 2013 | 12.50% | 17.44% | 0.21x | 3.37x | $145.67 Million |
| 2014 | 13.93% | 18.22% | 0.22x | 3.43x | $228.63 Million |
| 2015 | 10.94% | 15.16% | 0.21x | 3.41x | $54.94 Million |
| 2016 | 8.18% | 12.44% | 0.20x | 3.32x | $-113.87 Million |
| 2017 | -6.91% | -8.31% | 0.18x | 4.64x | $-903.10 Million |
| 2018 | 0.86% | 0.84% | 0.21x | 4.80x | $-459.99 Million |
| 2019 | 5.83% | 6.24% | 0.20x | 4.62x | $-230.93 Million |
| 2020 | -2.27% | -2.53% | 0.18x | 4.89x | $-649.99 Million |
| 2021 | 11.43% | 11.62% | 0.19x | 5.06x | $77.54 Million |
| 2022 | 4.81% | 4.21% | 0.19x | 5.97x | $-240.91 Million |
| 2023 | 7.15% | 6.73% | 0.18x | 5.75x | $-150.03 Million |
| 2024 | 17.77% | 17.97% | 0.19x | 5.34x | $472.85 Million |
| 2025 | 15.87% | 15.37% | 0.20x | 5.09x | $373.25 Million |
Industry Comparison
This section compares AXIS Capital Holdings Ltd's net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $3,436,177,778
- Average return on equity (ROE) among peers: 10.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AXIS Capital Holdings Ltd (AXS) | $6.36 Billion | 13.52% | 4.09x | $7.71 Billion |
| Enact Holdings Inc (ACT) | $4.11 Billion | 13.32% | 0.44x | $6.01 Billion |
| Assured Guaranty Ltd (AGO) | $16.54 Billion | 2.35% | 0.10x | $3.73 Billion |
| Ambac Financial Group Inc (AMBC) | $1.43 Billion | 0.25% | 4.61x | $393.43 Million |
| AMERISAFE Inc (AMSF) | $302.42 Million | 15.35% | 2.70x | $567.23 Million |
| Employers Holdings Inc (EIG) | $1.02 Billion | 13.88% | 2.85x | $816.69 Million |
| Essent Group Ltd (ESNT) | $5.60 Billion | 13.02% | 0.27x | $5.80 Billion |
| First American Corporation (FAF) | $4.43 Billion | 15.98% | 2.60x | $6.55 Billion |
| Fidelity National Financial Inc (FNF) | $-2.50 Billion | 0.00% | 0.00x | $12.96 Billion |
| Investors Title Company (ITIC) | $5.80 Million | 20.69% | 0.36x | $441.47 Million |
About AXIS Capital Holdings Ltd
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crim… Read more