AXA SA (EPA:CS)
France · Delayed Price · Currency is EUR 43.38
+0.41 (0.95%)
Sep 11, 2026, 3:35 PM CET
AXA SA Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 10,046 | 9,797 | 7,886 | 7,189 | 5,061 | 7,294 |
Depreciation & Amortization | -767 | -735 | -562 | -562 | -805 | 870 |
Gain (Loss) on Sale of Investments | -12,700 | -6,528 | -7,479 | -5,666 | 3,349 | -10,640 |
Change in Accounts Receivable | -615 | 3,368 | 14,872 | 4,913 | 1,288 | 4,344 |
Change in Other Net Operating Assets | 398 | 2,359 | -95 | -3,495 | -1,463 | -1,811 |
Other Operating Activities | 18,896 | 14,348 | -1,982 | 1,805 | -8,270 | 6,401 |
Operating Cash Flow | 14,920 | 22,670 | 11,878 | 3,992 | 8,705 | 6,526 |
Operating Cash Flow Growth | -28.86% | 90.86% | 197.54% | -54.14% | 33.39% | -74.44% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -419 | -428 | -476 | -419 | -398 | -350 |
Sale of Property, Plant & Equipment | 3 | 3 | 17 | 21 | 33 | 6 |
Cash Acquisitions | -240 | -725 | -53 | -809 | -34 | 24 |
Investment in Securities | -5,157 | -6,655 | -8,547 | 5,325 | 9,895 | 4,763 |
Other Investing Activities | -761 | -2,109 | 1,456 | -1,662 | -283 | -2,834 |
Investing Cash Flow | -8,937 | -10,948 | -11,249 | -1,590 | -155 | -8,951 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 1,750 | 776 | 1,750 | 3,361 | 1,022 |
Total Debt Repaid | -924 | - | - | -1,944 | -1,538 | -116 |
Net Debt Issued (Repaid) | 576 | 1,750 | 776 | -194 | 1,823 | 906 |
Issuance of Common Stock | 1,164 | 2,176 | 1,991 | 2,786 | 335 | 279 |
Repurchases of Common Stock | -7,712 | -7,323 | -4,745 | -2,152 | -3,987 | -1,309 |
Common Dividends Paid | -5,191 | -4,979 | -4,759 | -4,184 | -3,966 | -3,754 |
Other Financing Activities | -679 | -618 | -598 | -601 | -496 | -455 |
Financing Cash Flow | -11,842 | -8,994 | -7,335 | -4,345 | -6,291 | -4,333 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 1,996 | 130 | 280 | -151 | -464 | 202 |
Miscellaneous Cash Flow Adjustments | - | -1 | - | - | -487 | 3,411 |
Net Cash Flow | -3,863 | 2,857 | -6,426 | -2,094 | 1,308 | -3,145 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 14,501 | 22,242 | 11,402 | 3,573 | 8,307 | 6,176 |
Free Cash Flow Growth | -29.27% | 95.07% | 219.12% | -56.99% | 34.51% | -75.44% |
Free Cash Flow Margin | 14.98% | 23.49% | 12.50% | 4.17% | 9.57% | 5.05% |
Free Cash Flow Per Share | 7.03 | 10.47 | 5.19 | 1.60 | 3.62 | 2.59 |
Levered Free Cash Flow | -26,395 | 11,438 | -1,490 | 2,693 | -147,446 | 6,402 |
Unlevered Free Cash Flow | -25,917 | 11,830 | -1,111 | 3,075 | -147,038 | 6,691 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 3,807 | 4,472 | 5,962 | 5,359 | 2,949 | 453 |
Cash Income Tax Paid | 1,750 | 1,260 | 1,820 | 1,035 | 1,343 | 1,531 |
Change in Working Capital | -217 | 5,727 | 14,777 | 1,418 | -175 | 2,533 |