vs

Side-by-side financial comparison of AXIS CAPITAL HOLDINGS LTD (AXS) and PERRIGO Co plc (PRGO). 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× PERRIGO Co plc). AXIS CAPITAL HOLDINGS LTD runs the higher net margin — 15.5% vs -127.8%, a 143.3% gap on every dollar of revenue. On growth, AXIS CAPITAL HOLDINGS LTD posted the faster year-over-year revenue change (8.0% vs -2.5%). Over the past eight quarters, AXIS CAPITAL HOLDINGS LTD's revenue compounded faster (6.4% CAGR vs 1.3%).

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.

Perrigo Company plc is an American Irish-registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters ...

AXS vs PRGO — Head-to-Head

Bigger by revenue
AXS
AXS
1.5× larger
AXS
$1.6B
$1.1B
PRGO
Growing faster (revenue YoY)
AXS
AXS
+10.5% gap
AXS
8.0%
-2.5%
PRGO
Higher net margin
AXS
AXS
143.3% more per $
AXS
15.5%
-127.8%
PRGO
Faster 2-yr revenue CAGR
AXS
AXS
Annualised
AXS
6.4%
1.3%
PRGO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AXS
AXS
PRGO
PRGO
Revenue
$1.6B
$1.1B
Net Profit
$254.8M
$-1.4B
Gross Margin
32.6%
Operating Margin
15.6%
-116.0%
Net Margin
15.5%
-127.8%
Revenue YoY
8.0%
-2.5%
Net Profit YoY
31.3%
-3093.9%
EPS (diluted)
$-10.23

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
PRGO
PRGO
Q1 26
$1.6B
Q4 25
$1.7B
$1.1B
Q3 25
$1.7B
$1.0B
Q2 25
$1.6B
$1.1B
Q1 25
$1.5B
$1.0B
Q4 24
$1.5B
$1.1B
Q3 24
$1.6B
$1.1B
Q2 24
$1.5B
$1.1B
Net Profit
AXS
AXS
PRGO
PRGO
Q1 26
$254.8M
Q4 25
$289.6M
$-1.4B
Q3 25
$301.9M
$7.5M
Q2 25
$223.4M
$-8.4M
Q1 25
$194.1M
$-6.4M
Q4 24
$293.6M
$-44.4M
Q3 24
$180.7M
$-21.0M
Q2 24
$212.0M
$-108.4M
Gross Margin
AXS
AXS
PRGO
PRGO
Q1 26
Q4 25
32.6%
Q3 25
36.1%
Q2 25
34.4%
Q1 25
37.6%
Q4 24
33.9%
Q3 24
37.2%
Q2 24
37.0%
Operating Margin
AXS
AXS
PRGO
PRGO
Q1 26
15.6%
Q4 25
19.0%
-116.0%
Q3 25
22.1%
7.0%
Q2 25
17.2%
4.3%
Q1 25
15.5%
4.5%
Q4 24
18.6%
10.0%
Q3 24
14.2%
7.4%
Q2 24
17.4%
-2.5%
Net Margin
AXS
AXS
PRGO
PRGO
Q1 26
15.5%
Q4 25
16.7%
-127.8%
Q3 25
18.0%
0.7%
Q2 25
13.7%
-0.8%
Q1 25
12.8%
-0.6%
Q4 24
20.0%
-3.9%
Q3 24
11.2%
-1.9%
Q2 24
14.6%
-10.2%
EPS (diluted)
AXS
AXS
PRGO
PRGO
Q1 26
Q4 25
$3.63
$-10.23
Q3 25
$3.74
$0.05
Q2 25
$2.72
$-0.06
Q1 25
$2.26
$-0.05
Q4 24
$3.38
$-0.32
Q3 24
$2.04
$-0.15
Q2 24
$2.40
$-0.79

Balance Sheet & Financial Strength

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

Metric
AXS
AXS
PRGO
PRGO
Cash + ST InvestmentsLiquidity on hand
$862.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.4B
$2.9B
Total Assets
$35.6B
$8.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXS
AXS
PRGO
PRGO
Q1 26
$862.5M
Q4 25
$820.3M
Q3 25
$825.9M
$432.1M
Q2 25
$852.1M
$454.2M
Q1 25
$2.8B
$409.9M
Q4 24
$2.1B
$558.8M
Q3 24
$981.0M
$1.5B
Q2 24
$1.1B
$542.8M
Stockholders' Equity
AXS
AXS
PRGO
PRGO
Q1 26
$6.4B
Q4 25
$6.4B
$2.9B
Q3 25
$6.4B
$4.4B
Q2 25
$6.2B
$4.5B
Q1 25
$5.9B
$4.4B
Q4 24
$6.1B
$4.3B
Q3 24
$6.1B
$4.6B
Q2 24
$5.7B
$4.5B
Total Assets
AXS
AXS
PRGO
PRGO
Q1 26
$35.6B
Q4 25
$34.5B
$8.5B
Q3 25
$34.3B
$10.1B
Q2 25
$34.2B
$10.1B
Q1 25
$33.2B
$9.8B
Q4 24
$32.5B
$9.6B
Q3 24
$32.7B
$11.2B
Q2 24
$32.1B
$10.4B

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
PRGO
PRGO
Operating Cash FlowLast quarter
$175.4M
Free Cash FlowOCF − Capex
$148.6M
FCF MarginFCF / Revenue
13.4%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$145.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXS
AXS
PRGO
PRGO
Q1 26
Q4 25
$630.4M
$175.4M
Q3 25
$673.8M
$51.7M
Q2 25
$-1.7B
$75.9M
Q1 25
$309.1M
$-64.5M
Q4 24
$355.5M
$312.6M
Q3 24
$587.0M
$42.2M
Q2 24
$518.1M
$9.5M
Free Cash Flow
AXS
AXS
PRGO
PRGO
Q1 26
Q4 25
$148.6M
Q3 25
$29.8M
Q2 25
$56.7M
Q1 25
$-90.0M
Q4 24
$274.9M
Q3 24
$15.1M
Q2 24
$-18.9M
FCF Margin
AXS
AXS
PRGO
PRGO
Q1 26
Q4 25
13.4%
Q3 25
2.9%
Q2 25
5.4%
Q1 25
-8.6%
Q4 24
24.2%
Q3 24
1.4%
Q2 24
-1.8%
Capex Intensity
AXS
AXS
PRGO
PRGO
Q1 26
Q4 25
2.4%
Q3 25
2.1%
Q2 25
1.8%
Q1 25
2.4%
Q4 24
3.3%
Q3 24
2.5%
Q2 24
2.7%
Cash Conversion
AXS
AXS
PRGO
PRGO
Q1 26
Q4 25
2.18×
Q3 25
2.23×
6.89×
Q2 25
-7.41×
Q1 25
1.59×
Q4 24
1.21×
Q3 24
3.25×
Q2 24
2.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AXS
AXS

Segment breakdown not available.

PRGO
PRGO

Consumer Self Care Americas$697.0M63%
Digestive Health$123.9M11%
Nutrition$108.3M10%
Healthy Lifestyle$94.8M9%
Pain And Sleep Aids$87.1M8%

Related Comparisons