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Side-by-side financial comparison of AXIS CAPITAL HOLDINGS LTD (AXS) and Huntington Ingalls Industries (HII). Click either name above to swap in a different company.

Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.0× AXIS CAPITAL HOLDINGS LTD). AXIS CAPITAL HOLDINGS LTD runs the higher net margin — 15.5% vs 8.9%, a 6.6% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (13.8% vs 8.0%). Over the past eight quarters, AXIS CAPITAL HOLDINGS LTD's revenue compounded faster (6.4% CAGR vs -25.2%).

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.

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.

AXS vs HII — Head-to-Head

Bigger by revenue
HII
HII
1.0× larger
HII
$1.7B
$1.6B
AXS
Growing faster (revenue YoY)
HII
HII
+5.8% gap
HII
13.8%
8.0%
AXS
Higher net margin
AXS
AXS
6.6% more per $
AXS
15.5%
8.9%
HII
Faster 2-yr revenue CAGR
AXS
AXS
Annualised
AXS
6.4%
-25.2%
HII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AXS
AXS
HII
HII
Revenue
$1.6B
$1.7B
Net Profit
$254.8M
$149.0M
Gross Margin
Operating Margin
15.6%
9.3%
Net Margin
15.5%
8.9%
Revenue YoY
8.0%
13.8%
Net Profit YoY
31.3%
EPS (diluted)
$3.79

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
HII
HII
Q1 26
$1.6B
$1.7B
Q4 25
$1.7B
$3.5B
Q3 25
$1.7B
$3.2B
Q2 25
$1.6B
$3.1B
Q1 25
$1.5B
$2.7B
Q4 24
$1.5B
$3.0B
Q3 24
$1.6B
$2.7B
Q2 24
$1.5B
$3.0B
Net Profit
AXS
AXS
HII
HII
Q1 26
$254.8M
$149.0M
Q4 25
$289.6M
$159.0M
Q3 25
$301.9M
$145.0M
Q2 25
$223.4M
$152.0M
Q1 25
$194.1M
$149.0M
Q4 24
$293.6M
$123.0M
Q3 24
$180.7M
$101.0M
Q2 24
$212.0M
$173.0M
Operating Margin
AXS
AXS
HII
HII
Q1 26
15.6%
9.3%
Q4 25
19.0%
4.9%
Q3 25
22.1%
5.0%
Q2 25
17.2%
5.3%
Q1 25
15.5%
5.9%
Q4 24
18.6%
3.7%
Q3 24
14.2%
3.0%
Q2 24
17.4%
6.3%
Net Margin
AXS
AXS
HII
HII
Q1 26
15.5%
8.9%
Q4 25
16.7%
4.6%
Q3 25
18.0%
4.5%
Q2 25
13.7%
4.9%
Q1 25
12.8%
5.4%
Q4 24
20.0%
4.1%
Q3 24
11.2%
3.7%
Q2 24
14.6%
5.8%
EPS (diluted)
AXS
AXS
HII
HII
Q1 26
$3.79
Q4 25
$3.63
$4.06
Q3 25
$3.74
$3.68
Q2 25
$2.72
$3.86
Q1 25
$2.26
$3.79
Q4 24
$3.38
$3.15
Q3 24
$2.04
$2.56
Q2 24
$2.40
$4.38

Balance Sheet & Financial Strength

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

Metric
AXS
AXS
HII
HII
Cash + ST InvestmentsLiquidity on hand
$862.5M
$216.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$6.4B
$5.1B
Total Assets
$35.6B
$12.5B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXS
AXS
HII
HII
Q1 26
$862.5M
$216.0M
Q4 25
$820.3M
Q3 25
$825.9M
Q2 25
$852.1M
Q1 25
$2.8B
Q4 24
$2.1B
Q3 24
$981.0M
Q2 24
$1.1B
Total Debt
AXS
AXS
HII
HII
Q1 26
$2.7B
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.7B
Q3 24
Q2 24
Stockholders' Equity
AXS
AXS
HII
HII
Q1 26
$6.4B
$5.1B
Q4 25
$6.4B
$5.1B
Q3 25
$6.4B
$5.0B
Q2 25
$6.2B
$4.9B
Q1 25
$5.9B
$4.8B
Q4 24
$6.1B
$4.7B
Q3 24
$6.1B
$4.2B
Q2 24
$5.7B
$4.2B
Total Assets
AXS
AXS
HII
HII
Q1 26
$35.6B
$12.5B
Q4 25
$34.5B
$12.7B
Q3 25
$34.3B
$12.3B
Q2 25
$34.2B
$12.1B
Q1 25
$33.2B
$12.1B
Q4 24
$32.5B
$12.1B
Q3 24
$32.7B
$11.1B
Q2 24
$32.1B
$11.3B
Debt / Equity
AXS
AXS
HII
HII
Q1 26
0.52×
Q4 25
0.53×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24

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
HII
HII
Operating Cash FlowLast quarter
$-390.0M
Free Cash FlowOCF − Capex
$-461.0M
FCF MarginFCF / Revenue
-27.7%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
-2.62×
TTM Free Cash FlowTrailing 4 quarters
$795.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXS
AXS
HII
HII
Q1 26
$-390.0M
Q4 25
$630.4M
$650.0M
Q3 25
$673.8M
$118.0M
Q2 25
$-1.7B
$823.0M
Q1 25
$309.1M
$-395.0M
Q4 24
$355.5M
$391.0M
Q3 24
$587.0M
$213.0M
Q2 24
$518.1M
$-9.0M
Free Cash Flow
AXS
AXS
HII
HII
Q1 26
$-461.0M
Q4 25
$516.0M
Q3 25
$13.0M
Q2 25
$727.0M
Q1 25
$-462.0M
Q4 24
$277.0M
Q3 24
$125.0M
Q2 24
$-99.0M
FCF Margin
AXS
AXS
HII
HII
Q1 26
-27.7%
Q4 25
14.8%
Q3 25
0.4%
Q2 25
23.6%
Q1 25
-16.9%
Q4 24
9.2%
Q3 24
4.5%
Q2 24
-3.3%
Capex Intensity
AXS
AXS
HII
HII
Q1 26
4.4%
Q4 25
3.9%
Q3 25
3.3%
Q2 25
3.1%
Q1 25
2.5%
Q4 24
3.8%
Q3 24
3.2%
Q2 24
3.0%
Cash Conversion
AXS
AXS
HII
HII
Q1 26
-2.62×
Q4 25
2.18×
4.09×
Q3 25
2.23×
0.81×
Q2 25
-7.41×
5.41×
Q1 25
1.59×
-2.65×
Q4 24
1.21×
3.18×
Q3 24
3.25×
2.11×
Q2 24
2.44×
-0.05×

Financial Flow Comparison

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

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