A very important property in the study of rigid body dynamics, moment of inertia describes the resistance of an object to any change in its angular velocity, given a certain amount of torque. Although many novel methods have been developed to simplify its calculation, this paper presents a remarkable theorem in moment of inertia that has never been widely used, the three-axis theorem. The theorem provides an alternative way for moment of inertia computation and better visualization in integrating each infinitesimal constituent mass element of a rigid body. The key idea is to focus on the distance from this infinitesimal mass to the intersection of the three axes, instead of its distance to a certain rotational axis.