AXA SA (CS) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.131x

Based on the latest financial reports, AXA SA (CS) has a cash flow conversion efficiency ratio of 0.131x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€6.48 Billion ≈ $7.57 Billion USD) by net assets (€49.50 Billion ≈ $57.87 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AXA SA balance sheet independence to measure how much of total assets are equity-financed.

AXA SA - Cash Flow Conversion Efficiency Trend (1997–2025)

This chart illustrates how AXA SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check AXA SA (CS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

AXA SA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of AXA SA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Comcast Corp NASDAQ:CMCSA	0.078x
National Australia Bank Ltd AU:NAB	0.165x
Marsh & McLennan Companies, Inc. NYSE:MRSH	0.141x
Elevance Health Inc NYSE:ELV	0.098x
Datadog Inc NASDAQ:DDOG	0.084x
Medtronic PLC XETRA:2M6	0.052x
MercadoLibre Inc. NASDAQ:MELI	0.285x
Canadian Pacific Railway Ltd TO:CP	0.021x

Annual Cash Flow Conversion Efficiency for AXA SA (1997–2025)

The table below shows the annual cash flow conversion efficiency of AXA SA from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see CS market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€49.50 Billion ≈ $57.87 Billion	€21.48 Billion ≈ $25.12 Billion	0.434x	+74.21%
2024-12-31	€47.68 Billion ≈ $55.74 Billion	€11.88 Billion ≈ $13.89 Billion	0.249x	+133.60%
2023-12-31	€52.40 Billion ≈ $61.26 Billion	€5.59 Billion ≈ $6.53 Billion	0.107x	-34.54%
2022-12-31	€48.38 Billion ≈ $56.56 Billion	€7.88 Billion ≈ $9.21 Billion	0.163x	+107.14%
2021-12-31	€82.98 Billion ≈ $97.01 Billion	€6.53 Billion ≈ $7.63 Billion	0.079x	-73.70%
2020-12-31	€85.40 Billion ≈ $99.84 Billion	€25.53 Billion ≈ $29.85 Billion	0.299x	+180.83%
2019-12-31	€83.22 Billion ≈ $97.30 Billion	€8.86 Billion ≈ $10.36 Billion	0.106x	+2.17%
2018-12-31	€73.25 Billion ≈ $85.64 Billion	€7.63 Billion ≈ $8.92 Billion	0.104x	-47.01%
2017-12-31	€84.02 Billion ≈ $98.23 Billion	€16.52 Billion ≈ $19.32 Billion	0.197x	+26.94%
2016-12-31	€87.38 Billion ≈ $102.16 Billion	€13.54 Billion ≈ $15.83 Billion	0.155x	-29.30%
2015-12-31	€83.17 Billion ≈ $97.23 Billion	€18.23 Billion ≈ $21.31 Billion	0.219x	+32.62%
2014-12-31	€78.28 Billion ≈ $91.51 Billion	€12.94 Billion ≈ $15.12 Billion	0.165x	+96.54%
2013-12-31	€63.24 Billion ≈ $73.93 Billion	€5.32 Billion ≈ $6.22 Billion	0.084x	-55.22%
2012-12-31	€56.02 Billion ≈ $65.49 Billion	€10.52 Billion ≈ $12.30 Billion	0.188x	-37.83%
2011-12-31	€50.93 Billion ≈ $59.55 Billion	€15.38 Billion ≈ $17.99 Billion	0.302x	-14.83%
2010-12-31	€53.87 Billion ≈ $62.98 Billion	€19.10 Billion ≈ $22.33 Billion	0.355x	+1359.55%
2009-12-31	€690.50 Billion ≈ $807.26 Billion	€16.78 Billion ≈ $19.61 Billion	0.024x	-25.59%
2008-12-31	€652.94 Billion ≈ $763.35 Billion	€21.32 Billion ≈ $24.92 Billion	0.033x	+18.83%
2007-12-31	€706.54 Billion ≈ $826.02 Billion	€19.41 Billion ≈ $22.70 Billion	0.027x	+3.21%
2006-12-31	€711.38 Billion ≈ $831.68 Billion	€18.94 Billion ≈ $22.14 Billion	0.027x	-32.62%
2005-12-31	€558.65 Billion ≈ $653.12 Billion	€22.07 Billion ≈ $25.81 Billion	0.040x	-93.81%
2004-12-31	€28.36 Billion ≈ $33.16 Billion	€18.11 Billion ≈ $21.17 Billion	0.638x	+7.66%
2003-12-31	€25.87 Billion ≈ $30.24 Billion	€15.34 Billion ≈ $17.93 Billion	0.593x	+9.76%
2002-12-31	€26.52 Billion ≈ $31.01 Billion	€14.33 Billion ≈ $16.75 Billion	0.540x	+19.03%
2001-12-31	€28.19 Billion ≈ $32.96 Billion	€12.79 Billion ≈ $14.96 Billion	0.454x	-9.65%
2000-12-31	€28.02 Billion ≈ $32.76 Billion	€14.08 Billion ≈ $16.46 Billion	0.502x	-64.58%
1999-12-31	€23.98 Billion ≈ $28.03 Billion	€34.01 Billion ≈ $39.76 Billion	1.418x	+14.51%
1998-12-31	€10.43 Billion ≈ $12.19 Billion	€12.92 Billion ≈ $15.10 Billion	1.239x	+3.32%
1997-12-31	€12.05 Billion ≈ $14.09 Billion	€14.45 Billion ≈ $16.89 Billion	1.199x	--

About AXA SA

PA:CS France Insurance - Diversified

Market Cap

$106.52 Billion

€91.11 Billion EUR

Market Cap Rank

#311 Global

#12 in France

Share Price

€44.79

Change (1 day)

+0.07%

52-Week Range

€37.46 - €44.80

All Time High

€44.80