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 CS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Barclays PLC MX:BCSN	N/A
Ping An Insurance Group Co of China Ltd SHG:601318	0.001x
Comcast Corp NASDAQ:CMCSA	0.078x
Midea Group Co Ltd SHE:000333	0.098x
Glencore PLC JSE:GLN	0.089x
Medtronic PLC XETRA:2M6	0.056x
MercadoLibre Inc. NASDAQ:MELI	0.285x
U.S. Bancorp NYSE:USB	0.053x

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 AXA SA market capitalisation.

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

$92.82 Billion

€79.40 Billion EUR

Market Cap Rank

#308 Global

#12 in France

Share Price

€39.03

Change (1 day)

-1.89%

52-Week Range

€37.46 - €43.40

All Time High

€43.40