AXA SA (EPA:CS)

AXA SA Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	86,078	80,889	80,449	96,316	93,584
Total Interest & Dividend Income	-3,738	-2,005	16,596	12,165	12,171
Gain (Loss) on Sale of Investments	7,690	5,650	-13,187	10,584	3,783
Non-Insurance Activities Revenue	-	-	-	535	486
Other Revenue	1,225	1,183	2,935	2,571	2,323
Total Revenue	91,255	85,717	86,793	122,171	112,347
Revenue Growth (YoY)	6.46%	-1.24%	-28.96%	8.74%	-15.60%
Policy Benefits	78,032	73,957	75,537	88,434	83,614
Policy Acquisition & Underwriting Costs	-	-	-	13,053	12,634
Amortization of Goodwill & Intangibles	-	-	-	41	110
Selling, General & Administrative	-	-	-	10,386	10,716
Non-Insurance Activities Expense	-	-	-	63	79
Other Operating Expenses	2,776	2,924	3,840	461	-251
Total Operating Expenses	80,808	76,881	79,377	112,438	106,902
Operating Income	10,447	8,836	7,416	9,733	5,445
Interest Expense	-607	-611	-652	-462	-878
Earnings From Equity Investments	173	249	-149	144	400
Other Non Operating Income (Expenses)	1	-1	-	-	-3
EBT Excluding Unusual Items	10,014	8,473	6,615	9,415	4,964
Impairment of Goodwill	-	-	-	-	-28
Asset Writedown	-	-1	-	-218	-64
Other Unusual Items	-36	-37	-32	-	-
Pretax Income	9,978	8,435	6,583	9,197	4,872
Income Tax Expense	2,459	1,399	1,376	1,689	1,541
Earnings From Continuing Ops.	7,519	7,036	5,207	7,508	3,331
Earnings From Discontinued Ops.	555	337	-	-	-
Net Income to Company	8,074	7,373	5,207	7,508	3,331
Minority Interest in Earnings	-188	-184	-146	-214	-167
Net Income	7,886	7,189	5,061	7,294	3,164
Preferred Dividends & Other Adjustments	201	185	182	194	177
Net Income to Common	7,685	7,004	4,879	7,100	2,987
Net Income Growth	9.70%	42.05%	-30.61%	130.53%	-17.97%
Shares Outstanding (Basic)	2,191	2,232	2,290	2,380	2,381
Shares Outstanding (Diluted)	2,197	2,238	2,297	2,388	2,387
Shares Change (YoY)	-1.83%	-2.57%	-3.81%	0.04%	-0.08%
EPS (Basic)	3.51	3.14	2.13	2.98	1.25
EPS (Diluted)	3.50	3.13	2.12	2.97	1.25
EPS Growth	11.82%	47.64%	-28.62%	137.60%	-17.22%
Free Cash Flow	11,402	3,573	8,307	6,176	25,145
Free Cash Flow Per Share	5.19	1.60	3.62	2.59	10.53
Dividend Per Share	2.150	1.980	1.700	1.540	1.430
Dividend Growth	8.59%	16.47%	10.39%	7.69%	95.89%
Operating Margin	11.45%	10.31%	8.54%	7.97%	4.85%
Profit Margin	8.42%	8.17%	5.62%	5.81%	2.66%
Free Cash Flow Margin	12.50%	4.17%	9.57%	5.05%	22.38%
EBITDA	-	-	8,286	10,603	6,621
EBITDA Margin	-	-	9.55%	8.68%	5.89%
D&A For EBITDA	-	-	870	870	1,176
EBIT	10,447	8,836	7,416	9,733	5,445
EBIT Margin	11.45%	10.31%	8.54%	7.97%	4.85%
Effective Tax Rate	24.64%	16.59%	20.90%	18.37%	31.63%

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.