vs

Side-by-side financial comparison of AXIS CAPITAL HOLDINGS LTD (AXS) and Mettler Toledo (MTD). Click either name above to swap in a different company.

AXIS CAPITAL HOLDINGS LTD is the larger business by last-quarter revenue ($1.6B vs $1.1B, roughly 1.5× Mettler Toledo). Mettler Toledo runs the higher net margin — 25.3% vs 15.5%, a 9.8% gap on every dollar of revenue. On growth, Mettler Toledo posted the faster year-over-year revenue change (8.1% vs 8.0%). Over the past eight quarters, Mettler Toledo's revenue compounded faster (10.5% CAGR vs 6.4%).

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.

Mettler Toledo, stylized in all caps, is a multinational supplier of precision instruments and services. The company focuses on laboratory, industrial, product inspection, and food retailing applications. Its products are used in research, quality control, and manufacturing processes in life sciences, food, chemical, and many other industries.

AXS vs MTD — Head-to-Head

Bigger by revenue
AXS
AXS
1.5× larger
AXS
$1.6B
$1.1B
MTD
Growing faster (revenue YoY)
MTD
MTD
+0.1% gap
MTD
8.1%
8.0%
AXS
Higher net margin
MTD
MTD
9.8% more per $
MTD
25.3%
15.5%
AXS
Faster 2-yr revenue CAGR
MTD
MTD
Annualised
MTD
10.5%
6.4%
AXS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AXS
AXS
MTD
MTD
Revenue
$1.6B
$1.1B
Net Profit
$254.8M
$285.8M
Gross Margin
59.8%
Operating Margin
15.6%
29.1%
Net Margin
15.5%
25.3%
Revenue YoY
8.0%
8.1%
Net Profit YoY
31.3%
13.3%
EPS (diluted)
$13.91

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
MTD
MTD
Q1 26
$1.6B
Q4 25
$1.7B
$1.1B
Q3 25
$1.7B
$1.0B
Q2 25
$1.6B
$983.2M
Q1 25
$1.5B
$883.7M
Q4 24
$1.5B
$1.0B
Q3 24
$1.6B
$954.5M
Q2 24
$1.5B
$946.8M
Net Profit
AXS
AXS
MTD
MTD
Q1 26
$254.8M
Q4 25
$289.6M
$285.8M
Q3 25
$301.9M
$217.5M
Q2 25
$223.4M
$202.3M
Q1 25
$194.1M
$163.6M
Q4 24
$293.6M
$252.3M
Q3 24
$180.7M
$211.5M
Q2 24
$212.0M
$221.8M
Gross Margin
AXS
AXS
MTD
MTD
Q1 26
Q4 25
59.8%
Q3 25
59.2%
Q2 25
59.0%
Q1 25
59.5%
Q4 24
61.2%
Q3 24
60.0%
Q2 24
59.7%
Operating Margin
AXS
AXS
MTD
MTD
Q1 26
15.6%
Q4 25
19.0%
29.1%
Q3 25
22.1%
26.1%
Q2 25
17.2%
25.3%
Q1 25
15.5%
22.9%
Q4 24
18.6%
30.1%
Q3 24
14.2%
27.1%
Q2 24
17.4%
25.7%
Net Margin
AXS
AXS
MTD
MTD
Q1 26
15.5%
Q4 25
16.7%
25.3%
Q3 25
18.0%
21.1%
Q2 25
13.7%
20.6%
Q1 25
12.8%
18.5%
Q4 24
20.0%
24.1%
Q3 24
11.2%
22.2%
Q2 24
14.6%
23.4%
EPS (diluted)
AXS
AXS
MTD
MTD
Q1 26
Q4 25
$3.63
$13.91
Q3 25
$3.74
$10.57
Q2 25
$2.72
$9.76
Q1 25
$2.26
$7.81
Q4 24
$3.38
$11.91
Q3 24
$2.04
$9.96
Q2 24
$2.40
$10.37

Balance Sheet & Financial Strength

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

Metric
AXS
AXS
MTD
MTD
Cash + ST InvestmentsLiquidity on hand
$862.5M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$6.4B
$-23.6M
Total Assets
$35.6B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXS
AXS
MTD
MTD
Q1 26
$862.5M
Q4 25
$820.3M
Q3 25
$825.9M
$69.1M
Q2 25
$852.1M
$61.8M
Q1 25
$2.8B
Q4 24
$2.1B
$59.4M
Q3 24
$981.0M
$71.6M
Q2 24
$1.1B
$70.8M
Total Debt
AXS
AXS
MTD
MTD
Q1 26
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.7B
Stockholders' Equity
AXS
AXS
MTD
MTD
Q1 26
$6.4B
Q4 25
$6.4B
$-23.6M
Q3 25
$6.4B
$-249.2M
Q2 25
$6.2B
$-258.8M
Q1 25
$5.9B
$-182.0M
Q4 24
$6.1B
$-126.9M
Q3 24
$6.1B
$-154.4M
Q2 24
$5.7B
$-152.8M
Total Assets
AXS
AXS
MTD
MTD
Q1 26
$35.6B
Q4 25
$34.5B
$3.7B
Q3 25
$34.3B
$3.5B
Q2 25
$34.2B
$3.4B
Q1 25
$33.2B
$3.2B
Q4 24
$32.5B
$3.2B
Q3 24
$32.7B
$3.3B
Q2 24
$32.1B
$3.2B

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
MTD
MTD
Operating Cash FlowLast quarter
$225.6M
Free Cash FlowOCF − Capex
$184.1M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
0.79×
TTM Free Cash FlowTrailing 4 quarters
$848.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXS
AXS
MTD
MTD
Q1 26
Q4 25
$630.4M
$225.6M
Q3 25
$673.8M
$299.4M
Q2 25
$-1.7B
$236.4M
Q1 25
$309.1M
$194.4M
Q4 24
$355.5M
$266.2M
Q3 24
$587.0M
$254.7M
Q2 24
$518.1M
$257.5M
Free Cash Flow
AXS
AXS
MTD
MTD
Q1 26
Q4 25
$184.1M
Q3 25
$274.9M
Q2 25
$212.5M
Q1 25
$177.2M
Q4 24
$224.9M
Q3 24
$233.2M
Q2 24
$233.7M
FCF Margin
AXS
AXS
MTD
MTD
Q1 26
Q4 25
16.3%
Q3 25
26.7%
Q2 25
21.6%
Q1 25
20.1%
Q4 24
21.5%
Q3 24
24.4%
Q2 24
24.7%
Capex Intensity
AXS
AXS
MTD
MTD
Q1 26
Q4 25
3.7%
Q3 25
2.4%
Q2 25
2.4%
Q1 25
2.0%
Q4 24
3.9%
Q3 24
2.2%
Q2 24
2.5%
Cash Conversion
AXS
AXS
MTD
MTD
Q1 26
Q4 25
2.18×
0.79×
Q3 25
2.23×
1.38×
Q2 25
-7.41×
1.17×
Q1 25
1.59×
1.19×
Q4 24
1.21×
1.06×
Q3 24
3.25×
1.20×
Q2 24
2.44×
1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AXS
AXS

Segment breakdown not available.

MTD
MTD

Products$857.0M76%
Services$272.8M24%

Related Comparisons