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American Financial Group vs Axis Capital Holdings: AFG and AXS compared
American Financial Group is the larger company: $2.6B of revenue in its latest quarter (Q3 2026) against $1.8B for Axis Capital Holdings (Q3 2026). American Financial Group is growing faster (+11% against +7% a year earlier). Axis Capital Holdings is more profitable, with an operating margin of 14.3% against 13.9%.
Where the money goes: AFG and AXS
American Financial Group (AFG) · Q3 2026
American Financial Group, Q3 2026: revenue $2.6B (+11% year over year), operating margin 13.9%, net earnings $282M, operating cash flow $405M. The chart follows the revenue to costs, profit and cash.
Axis Capital Holdings (AXS) · Q3 2026
Axis Capital Holdings, Q3 2026: revenue $1.8B (+7% year over year), operating margin 14.3%, net earnings $209M, operating cash flow $878M. The chart follows the revenue to costs, profit and cash.
| American Financial Group (AFG) | Axis Capital Holdings (AXS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.6B | $1.8B |
| Revenue growth, Y/Y | +11% | +7% |
| Operating margin | 13.9% | 14.3% |
| Net earnings | $282M | $209M |
| Net margin | 10.9% | 11.7% |
| Operating cash flow | $405M | $878M |
| Market value | $12.9B | $7.8B |
| P/E | 13.5× | 8.1× |
| Analysts’ mean target | $155.17 | $120.64 |
Questions
Which is bigger, American Financial Group or Axis Capital Holdings?
American Financial Group is the larger company: $2.6B of revenue in its latest quarter (Q3 2026) against $1.8B for Axis Capital Holdings (Q3 2026).
Is American Financial Group or Axis Capital Holdings growing faster?
American Financial Group is growing faster (+11% against +7% a year earlier).
Which is more profitable, American Financial Group or Axis Capital Holdings?
Axis Capital Holdings is more profitable, with an operating margin of 14.3% against 13.9%.
More: American Financial Group earnings · how American Financial Group makes money · Axis Capital Holdings earnings · how Axis Capital Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.