AXIS Capital Holdings Limited (AXS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 519.4M | 630.37M | 673.84M | -1.65B | 309.08M | 355.55M | 587.03M | 518.1M | 384.14M | 306.26M | 348.22M | 396.75M | 222.43M | -224.79M | 403.24M | 380.45M | 133.31M | 104.66M | 475.24M | 389.78M |
| Operating CF Growth % | 68.05% | 77.29% | 14.79% | -419.29% | -19.54% | 16.09% | 68.58% | 30.59% | 72.7% | 236.24% | -13.64% | 4.28% | 66.85% | -314.79% | -15.15% | -2.39% | -8.15% | 2083.66% | 95.74% | 150.28% |
| Operating CF / Revenue % | 31.6% | 36.34% | 39.8% | -107.4% | 21.06% | 22.44% | 38.63% | 35.22% | 26.61% | 21.64% | 23.47% | 29.32% | 16.63% | -16.41% | 29.51% | 30.14% | 10.21% | 7.54% | 34.8% | 29.51% |
| Net Income | 254.77M | 251.53M | 301.86M | 223.36M | 194.07M | 293.63M | 180.73M | 211.96M | 395.46M | -142.58M | 188.1M | 150.68M | 180.1M | 48.49M | -9.39M | 34.78M | 149.2M | 204.89M | 54.95M | 235.47M |
| Depreciation & Amortization | -9.68M | 63.69M | 13.88M | 13.48M | 13.79M | 13.13M | 14.28M | 13.64M | 14.26M | 2.73M | 31.2M | 16.21M | 14.97M | 15.82M | 21.41M | 15.34M | 15.71M | 20.01M | 15.62M | 16.25M |
| Stock-Based Compensation | 17.9M | 6.16M | 11.05M | 11.26M | 11.83M | 9.26M | 10.2M | 9.61M | 13.67M | 14.21M | 15.27M | 15.71M | 8.94M | 12.4M | 14.37M | 14.06M | 7.66M | 11.9M | 11.9M | 12.23M |
| Deferred Taxes | 0 | 40.55M | 0 | 0 | 0 | 0 | 0 | 40.55M | 0 | -19.67M | 24.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 256.42M | -88.84M | -56.29M | -68.65M | -5.32M | 86.1M | -61.87M | -18.62M | -5.57M | -27.37M | 19.5M | 24.5M | 19.48M | 22.91M | 166.63M | 167.42M | 68.21M | -70.58M | -52.39M | -112.39M |
| Working Capital Changes | 0 | 357.27M | 403.33M | -1.83B | 94.7M | -46.58M | 443.69M | 260.97M | -33.68M | 478.94M | 69.54M | 189.66M | -1.05M | -324.41M | 210.22M | 148.84M | -107.47M | -61.56M | 445.16M | 238.22M |
| Cash from Investing | -323.44M | -340.54M | -565.97M | -184.51M | 462.29M | 1.39B | -700.34M | -621.23M | 211.04M | -165.62M | -544.11M | -4.58M | -159.4M | -422.06M | -71.94M | -484.42M | 322.62M | -244.87M | -522.65M | -322.46M |
| Capital Expenditures | 0 | -10.75M | 0 | 0 | 0 | 0 | 0 | -724K | -8.21M | -14.93M | -8.63M | 0 | 0 | 0 | 0 | -6.62M | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | -20.48M | -2.02M | -2.38M | 0 | 18.64M | -2.39M | -3.21M | -6.79M | -10.89M | 8.63M | 0 | 0 | 0 | 0 | 6.62M | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | -7.95B | -2.26B | -1.99B | 0 | -3.43B | -2.89B | -2.16B | -2.68B | -1.26B | -2.1B | -1.68B | -1.79B | -2.08B | -1.68B | -1.96B | -2.43B | -2.13B | -2.81B | -3.02B |
| Sale/Maturity of Investments | 509K | 5.75B | 1.72B | 1.82B | 3.75B | 4.58B | 2.22B | 1.53B | 3B | 1.31B | 1.72B | 1.68B | 1.64B | 1.64B | 1.61B | 1.51B | 2.8B | 1.86B | 2.27B | 2.74B |
| Other Investing | -323.95M | 1.89B | -19.65M | -9.61M | -3.29B | 215.84M | -27.48M | 17.34M | -95.78M | -190.86M | -171.23M | -7.44M | -3.52M | 14.65M | -5.42M | -35.46M | -43.25M | 21.55M | 16.14M | -34.25M |
| Cash from Financing | -124.93M | -330.18M | -152M | -93.42M | -511.66M | -114.94M | -95.2M | -83.66M | -123.5M | -51.94M | -45.48M | -46.37M | -58.58M | -44.32M | 34.6M | -79.62M | -60.28M | -43.41M | -43.44M | -43.72M |
| Dividends Paid | -42.7M | -41.53M | -41.96M | -42.33M | -47.15M | -44.7M | -44.68M | -44.86M | -47.77M | -45.77M | -45.11M | -45.26M | -47.89M | -44.02M | -44M | -44.27M | -47.31M | -43.19M | -43.23M | -43.28M |
| Share Repurchases | -59.52M | -287.76M | -109.98M | -49.99M | -439.99M | -60.06M | -39.92M | -38.36M | -61.61M | 0 | 0 | 0 | 0 | 0 | 0 | -34.99M | 0 | 0 | 0 | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -82.23M | -885K | -60K | -1.1M | -24.51M | 8.22M | 9.82M | -435K | -14.12M | -6.17M | -373K | -1.11M | -15.95M | -306K | -342K | -369K | -12.98M | -216K | -206K | -439K |
| Net Change in Cash | 66.93M | -36.89M | -51.12M | -1.92B | 269.15M | 1.59B | -183.74M | -186.51M | 457.59M | 116.67M | -250.96M | 338.98M | 4.64M | -660.61M | 337.33M | -208.78M | 389.02M | -181.51M | -90.24M | 29.16M |
| Exchange Rate Effect | -4.1M | 3.45M | -7M | 8.58M | 9.44M | -39.3M | 24.77M | 278K | -14.09M | 27.97M | -9.59M | -6.83M | 193K | 30.56M | -28.57M | -25.2M | -6.62M | 2.1M | 607K | 5.56M |
| Cash at Beginning | 1.32B | 1.36B | 1.41B | 3.33B | 3.06B | 1.47B | 1.66B | 1.84B | 1.38B | 1.27B | 1.52B | 1.18B | 1.17B | 1.84B | 1.5B | 1.71B | 1.32B | 1.5B | 1.59B | 1.56B |
| Cash at End | 1.39B | 1.32B | 1.36B | 1.41B | 3.33B | 3.06B | 1.47B | 1.66B | 1.84B | 1.38B | 1.27B | 1.52B | 1.18B | 1.17B | 1.84B | 1.5B | 1.71B | 1.32B | 1.5B | 1.59B |
| Free Cash Flow | 519.4M | 630.37M | 673.84M | -1.65B | 309.08M | 355.55M | 587.03M | 517.38M | 375.93M | 291.33M | 339.59M | 396.75M | 222.43M | -224.79M | 403.24M | 373.84M | 133.31M | 104.66M | 475.24M | 389.78M |
| FCF Growth % | 68.05% | 77.29% | 14.79% | -419.73% | -17.78% | 22.04% | 72.86% | 30.4% | 69.01% | 229.6% | -15.79% | 6.13% | 66.85% | -314.79% | -15.15% | -4.09% | -8.15% | 2083.66% | 95.74% | 150.28% |
| FCF Margin % | 31.6% | 36.34% | 39.8% | -107.4% | 21.06% | 22.44% | 38.63% | 35.18% | 26.04% | 20.58% | 22.89% | 29.32% | 16.63% | -16.41% | 29.51% | 29.62% | 10.21% | 7.54% | 34.8% | 29.51% |
| FCF per Share | 6.91 | 8.21 | 8.49 | -20.85 | 3.75 | 4.17 | 6.91 | 6.06 | 4.39 | 3.42 | 3.94 | 4.62 | 2.59 | -2.62 | 4.76 | 4.35 | 1.55 | 1.22 | 5.57 | 4.57 |