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Side-by-side financial comparison of AXIS CAPITAL HOLDINGS LTD (AXS) and Burlington Stores, Inc. (BURL). Click either name above to swap in a different company.

Burlington Stores, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.6B, roughly 1.6× AXIS CAPITAL HOLDINGS LTD). AXIS CAPITAL HOLDINGS LTD runs the higher net margin — 15.5% vs 3.9%, a 11.6% gap on every dollar of revenue. On growth, AXIS CAPITAL HOLDINGS LTD posted the faster year-over-year revenue change (8.0% vs 7.1%). Over the past eight quarters, AXIS CAPITAL HOLDINGS LTD's revenue compounded faster (6.4% CAGR vs -6.9%).

AXIS Capital Holdings Limited is the holding company for AXIS group of companies. It offers various risk transfer products and services through subsidiaries and branch networks in Bermuda, the United States, Canada, Europe and Singapore. The company offers insurance services including property, professional lines, terrorism, marine, energy, environmental and other insurance. The reinsurance services include property, professional lines, credit and bond, and others.

Burlington, formerly known as Burlington Coat Factory, is an American national off-price retailer, and a division of Burlington Coat Factory Warehouse Corporation with more than 1,138 stores in 46 states and Puerto Rico, with its corporate headquarters located in Burlington Township, New Jersey. In 2007, it was acquired by Bain Capital in a transaction and in 2008, Tom Kingsbury became president and CEO. The company went public again in 2013. Burlington is the third largest off-price retailer...

AXS vs BURL — Head-to-Head

Bigger by revenue
BURL
BURL
1.6× larger
BURL
$2.7B
$1.6B
AXS
Growing faster (revenue YoY)
AXS
AXS
+0.9% gap
AXS
8.0%
7.1%
BURL
Higher net margin
AXS
AXS
11.6% more per $
AXS
15.5%
3.9%
BURL
Faster 2-yr revenue CAGR
AXS
AXS
Annualised
AXS
6.4%
-6.9%
BURL

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
AXS
AXS
BURL
BURL
Revenue
$1.6B
$2.7B
Net Profit
$254.8M
$104.8M
Gross Margin
44.2%
Operating Margin
15.6%
5.1%
Net Margin
15.5%
3.9%
Revenue YoY
8.0%
7.1%
Net Profit YoY
31.3%
15.6%
EPS (diluted)
$1.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXS
AXS
BURL
BURL
Q1 26
$1.6B
Q4 25
$1.7B
$2.7B
Q3 25
$1.7B
$2.7B
Q2 25
$1.6B
$2.5B
Q1 25
$1.5B
$3.3B
Q4 24
$1.5B
$2.5B
Q3 24
$1.6B
$2.5B
Q2 24
$1.5B
$2.4B
Net Profit
AXS
AXS
BURL
BURL
Q1 26
$254.8M
Q4 25
$289.6M
$104.8M
Q3 25
$301.9M
$94.2M
Q2 25
$223.4M
$100.8M
Q1 25
$194.1M
$260.8M
Q4 24
$293.6M
$90.6M
Q3 24
$180.7M
$73.8M
Q2 24
$212.0M
$78.5M
Gross Margin
AXS
AXS
BURL
BURL
Q1 26
Q4 25
44.2%
Q3 25
43.7%
Q2 25
43.8%
Q1 25
42.9%
Q4 24
43.9%
Q3 24
42.8%
Q2 24
43.5%
Operating Margin
AXS
AXS
BURL
BURL
Q1 26
15.6%
Q4 25
19.0%
5.1%
Q3 25
22.1%
4.7%
Q2 25
17.2%
5.3%
Q1 25
15.5%
10.6%
Q4 24
18.6%
4.7%
Q3 24
14.2%
4.0%
Q2 24
17.4%
4.7%
Net Margin
AXS
AXS
BURL
BURL
Q1 26
15.5%
Q4 25
16.7%
3.9%
Q3 25
18.0%
3.5%
Q2 25
13.7%
4.0%
Q1 25
12.8%
8.0%
Q4 24
20.0%
3.6%
Q3 24
11.2%
3.0%
Q2 24
14.6%
3.3%
EPS (diluted)
AXS
AXS
BURL
BURL
Q1 26
Q4 25
$3.63
$1.63
Q3 25
$3.74
$1.47
Q2 25
$2.72
$1.58
Q1 25
$2.26
$4.03
Q4 24
$3.38
$1.40
Q3 24
$2.04
$1.15
Q2 24
$2.40
$1.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXS
AXS
BURL
BURL
Cash + ST InvestmentsLiquidity on hand
$862.5M
$584.1M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$6.4B
$1.5B
Total Assets
$35.6B
$9.6B
Debt / EquityLower = less leverage
1.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXS
AXS
BURL
BURL
Q1 26
$862.5M
Q4 25
$820.3M
$584.1M
Q3 25
$825.9M
$747.6M
Q2 25
$852.1M
$371.1M
Q1 25
$2.8B
$994.7M
Q4 24
$2.1B
$857.8M
Q3 24
$981.0M
$659.9M
Q2 24
$1.1B
$742.3M
Total Debt
AXS
AXS
BURL
BURL
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.2B
Q2 24
$1.2B
Stockholders' Equity
AXS
AXS
BURL
BURL
Q1 26
$6.4B
Q4 25
$6.4B
$1.5B
Q3 25
$6.4B
$1.4B
Q2 25
$6.2B
$1.4B
Q1 25
$5.9B
$1.4B
Q4 24
$6.1B
$1.1B
Q3 24
$6.1B
$1.1B
Q2 24
$5.7B
$1.0B
Total Assets
AXS
AXS
BURL
BURL
Q1 26
$35.6B
Q4 25
$34.5B
$9.6B
Q3 25
$34.3B
$9.3B
Q2 25
$34.2B
$8.5B
Q1 25
$33.2B
$8.8B
Q4 24
$32.5B
$8.4B
Q3 24
$32.7B
$7.8B
Q2 24
$32.1B
$7.7B
Debt / Equity
AXS
AXS
BURL
BURL
Q1 26
Q4 25
1.32×
Q3 25
1.40×
Q2 25
1.21×
Q1 25
1.12×
Q4 24
1.35×
Q3 24
1.15×
Q2 24
1.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXS
AXS
BURL
BURL
Operating Cash FlowLast quarter
$143.3M
Free Cash FlowOCF − Capex
$-109.6M
FCF MarginFCF / Revenue
-4.1%
Capex IntensityCapex / Revenue
9.3%
Cash ConversionOCF / Net Profit
1.37×
TTM Free Cash FlowTrailing 4 quarters
$-358.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXS
AXS
BURL
BURL
Q1 26
Q4 25
$630.4M
$143.3M
Q3 25
$673.8M
$179.4M
Q2 25
$-1.7B
$-28.9M
Q1 25
$309.1M
$543.2M
Q4 24
$355.5M
$110.4M
Q3 24
$587.0M
$160.4M
Q2 24
$518.1M
$49.4M
Free Cash Flow
AXS
AXS
BURL
BURL
Q1 26
Q4 25
$-109.6M
Q3 25
$-101.0K
Q2 25
$-438.6M
Q1 25
$189.8M
Q4 24
$-56.2M
Q3 24
$-35.2M
Q2 24
$-115.5M
FCF Margin
AXS
AXS
BURL
BURL
Q1 26
Q4 25
-4.1%
Q3 25
-0.0%
Q2 25
-17.5%
Q1 25
5.8%
Q4 24
-2.2%
Q3 24
-1.4%
Q2 24
-4.9%
Capex Intensity
AXS
AXS
BURL
BURL
Q1 26
Q4 25
9.3%
Q3 25
6.6%
Q2 25
16.4%
Q1 25
10.8%
Q4 24
6.6%
Q3 24
7.9%
Q2 24
7.0%
Cash Conversion
AXS
AXS
BURL
BURL
Q1 26
Q4 25
2.18×
1.37×
Q3 25
2.23×
1.91×
Q2 25
-7.41×
-0.29×
Q1 25
1.59×
2.08×
Q4 24
1.21×
1.22×
Q3 24
3.25×
2.18×
Q2 24
2.44×
0.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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