AXA SA (CS) — Capital Reinvestment Ratio
Latest as of December 2025:
0.04x
AXA SA (CS) has a Capital Reinvestment Ratio of 0.04x as of December 2025, meaning it reinvests 0% of its operating cash flow (€6.48 Billion) in capital expenditures (€241.00 Million). See AXA SA net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
0.04x
Capex / Operating Cash Flow
Operating Cash Flow
€6.48 Billion
EUR
Capital Expenditures
€241.00 Million
EUR
Data as of
Dec 2025
Most recent filing
AXA SA Capital Reinvestment Ratio (1997–2025)
This chart tracks AXA SA's Capital Reinvestment Ratio across 29 annual periods. Check CS capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for AXA SA (1997–2025)
Year-by-year Capital Reinvestment Ratio for AXA SA from 1997 to 2025. For live market cap and broader valuation context, see CS stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | €21.48 Billion | €428.00 Million | ▼ -50.3% |
| 2024 | 0.04x | €11.88 Billion | €476.00 Million | ▼ -47.6% |
| 2023 | 0.08x | €5.59 Billion | €427.00 Million | ▲ +70.6% |
| 2022 | 0.04x | €7.88 Billion | €353.00 Million | ▼ -16.5% |
| 2021 | 0.05x | €6.53 Billion | €350.00 Million | ▲ +252.0% |
| 2020 | 0.02x | €25.53 Billion | €389.00 Million | ▼ -70.8% |
| 2019 | 0.05x | €8.86 Billion | €462.00 Million | ▼ -13.8% |
| 2018 | 0.06x | €7.63 Billion | €462.00 Million | ▲ +154.5% |
| 2017 | 0.02x | €16.52 Billion | €393.00 Million | ▼ -31.8% |
| 2016 | 0.03x | €13.54 Billion | €472.00 Million | ▲ +37.5% |
| 2015 | 0.03x | €18.23 Billion | €462.00 Million | ▼ -7.1% |
| 2014 | 0.03x | €12.94 Billion | €353.00 Million | ▼ -58.3% |
| 2013 | 0.07x | €5.32 Billion | €348.00 Million | ▲ +103.1% |
| 2012 | 0.03x | €10.52 Billion | €339.00 Million | ▲ +32.9% |
| 2011 | 0.02x | €15.38 Billion | €373.00 Million | ▲ +16.7% |
| 2010 | 0.02x | €19.10 Billion | €397.00 Million | ▼ -1.8% |
| 2009 | 0.02x | €16.78 Billion | €355.00 Million | ▲ +25.7% |
| 2008 | 0.02x | €21.32 Billion | €359.00 Million | ▼ -66.4% |
| 2007 | 0.05x | €19.41 Billion | €971.89 Million | ▲ +60.3% |
| 2006 | 0.03x | €18.94 Billion | €591.46 Million | ▲ +53.2% |
| 2005 | 0.02x | €22.07 Billion | €450.02 Million | ▲ +98.5% |
| 2004 | 0.01x | €18.11 Billion | €186.00 Million | ▼ -31.5% |
| 2003 | 0.01x | €15.34 Billion | €230.00 Million | ▼ -32.0% |
| 2002 | 0.02x | €14.33 Billion | €316.00 Million | ▼ -61.0% |
| 2001 | 0.06x | €12.79 Billion | €724.00 Million | ▲ +76.2% |
| 2000 | 0.03x | €14.08 Billion | €452.00 Million | ▲ +716.7% |
| 1999 | 0.00x | €34.01 Billion | €133.69 Million | ▼ -95.4% |
| 1998 | 0.09x | €12.92 Billion | €1.11 Billion | ▲ +206.9% |
| 1997 | 0.03x | €14.45 Billion | €403.95 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow