AXA SA (EPA:CS)
France · Delayed Price · Currency is EUR 44.94
-0.28 (-0.62%)
Jul 31, 2026, 5:38 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 | - | - | - | - | 6,583 | 9,196 |
Depreciation & Amortization | -767 | -735 | -562 | -562 | -805 | 870 |
Other Adjustments | -9,887 | -4,175 | -5,465 | -4,240 | 14,447 | -9,218 |
Changes in Deferred Acquisition Costs | - | - | - | - | - | -806 |
Changes in Claims Reserves | 18,473 | 12,797 | -4,443 | -79 | -10,004 | 5,481 |
Changes in Income Taxes Payable | -1,750 | -1,260 | -1,820 | -1,035 | -1,343 | -1,531 |
Changes in Other Operating Activities | -217 | 5,727 | 14,777 | 1,418 | -175 | 2,533 |
Operating Cash Flow | 14,918 | 22,352 | 12,467 | 3,936 | 8,705 | 6,526 |
Operating Cash Flow Growth | -33.26% | 79.29% | 216.74% | -54.78% | 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 | - | -428 | -476 | -419 | -398 | -350 |
Sale of Property, Plant & Equipment | 3 | 3 | 17 | 21 | 33 | 6 |
Purchases of Investments | -34,783 | -32,364 | -32,511 | -110,206 | -116,446 | -104,946 |
Proceeds from Sale of Investments | 27,549 | 81,238 | 80,019 | 46,965 | 116,658 | 100,256 |
Cash Acquisitions | - | - | - | -809 | -34 | 24 |
Proceeds from Business Divestments | 4,871 | 4,871 | 194 | -46 | 315 | -1,107 |
Other Investing Activities | -705 | -2,111 | 1,456 | -1,660 | -282 | -2,839 |
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 | 1,500 | 1,750 | 776 | 1,750 | 3,361 | 1,022 |
Long-Term Debt Repaid | -924 | - | - | -1,944 | -1,538 | -116 |
Net Long-Term Debt Issued (Repaid) | 576 | 1,750 | 776 | -194 | 1,823 | 906 |
Issuance of Common Stock | - | - | - | - | 335 | 279 |
Repurchase of Common Stock | -30 | -33 | -15 | -90 | -28 | -10 |
Net Common Stock Issued (Repurchased) | -30 | -33 | -15 | -90 | 307 | 269 |
Repurchase of Preferred Stock | -7,682 | -7,290 | -4,730 | -2,062 | -3,959 | -1,299 |
Net Preferred Stock Issued (Repurchased) | -7,682 | -7,290 | -4,730 | -2,062 | -3,959 | -1,299 |
Common Dividends Paid | -4,928 | -4,728 | -4,455 | -3,934 | -3,676 | -3,489 |
Other Financing Activities | -999 | -869 | -900 | -849 | -786 | -718 |
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 | -951 | 3,613 |
Net Cash Flow | -3,865 | 2,540 | -5,837 | -2,150 | 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 | 14,918 | 21,924 | 11,991 | 3,517 | 8,307 | 6,176 |
Free Cash Flow Growth | -31.96% | 82.84% | 240.94% | -57.66% | 34.51% | -75.44% |
FCF Margin | 16.18% | 23.15% | 13.14% | 4.10% | 9.57% | 5.06% |
Free Cash Flow Per Share | 7.12 | 10.32 | 5.46 | 1.57 | 3.62 | 2.59 |
Levered Free Cash Flow | 7,888 | 14,851 | 20,581 | 6,397 | 4,163 | 8,916 |
Unlevered Free Cash Flow | 2,828 | 12,092 | 20,329 | 7,710 | 4,313 | 9,932 |