AXA SA (CS) — Cash Flow Quality Index

Latest as of June 2026: 1.82x

AXA SA (CS) has a Cash Flow Quality Index of 1.82x as of June 2026. Operating cash flow of €7.44 Billion exceeds net income of €4.10 Billion, indicating high earnings quality where cash backs reported profits. Explore CS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.82x
Operating CF / Net Income

Operating Cash Flow

€7.44 Billion
EUR

Net Income

€4.10 Billion
EUR

Data as of

Jun 2026
Most recent filing

AXA SA Cash Flow Quality Index (1997–2025)

Historical Cash Flow Quality Index for AXA SA across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CS cash flow metrics.

Annual Cash Flow Quality Index for AXA SA (1997–2025)

Year-by-year earnings quality comparison for AXA SA.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 2.23x €21.48 Billion €9.62 Billion ▲ +87.5%
2024 1.19x €11.88 Billion €9.98 Billion ▲ +89.3%
2023 0.63x €5.59 Billion €8.89 Billion ▼ -30.5%
2022 0.90x €7.88 Billion €8.71 Billion ▲ +27.5%
2021 0.71x €6.53 Billion €9.20 Billion ▼ -86.5%
2020 5.24x €25.53 Billion €4.87 Billion ▲ +232.6%
2019 1.58x €8.86 Billion €5.62 Billion ▼ -68.4%
2018 4.99x €7.63 Billion €1.53 Billion ▲ +87.5%
2017 2.66x €16.52 Billion €6.21 Billion ▲ +14.6%
2016 2.32x €13.54 Billion €5.83 Billion ▼ -28.4%
2015 3.24x €18.23 Billion €5.62 Billion ▲ +26.0%
2014 2.57x €12.94 Billion €5.02 Billion ▲ +117.0%
2013 1.19x €5.32 Billion €4.48 Billion ▼ -38.9%
2012 1.94x €10.52 Billion €5.42 Billion ▼ -40.5%
2011 3.26x €15.38 Billion €4.71 Billion ▼ -94.2%
2010 55.86x €19.10 Billion €342.00 Million ▲ +1100.6%
2009 4.65x €16.78 Billion €3.61 Billion ▼ -73.0%
2008 17.25x €21.32 Billion €1.24 Billion ▲ +582.9%
2007 2.53x €19.41 Billion €7.69 Billion ▲ +4.1%
2006 2.43x €18.94 Billion €7.81 Billion ▼ -25.9%
2005 3.27x €22.07 Billion €6.75 Billion ▼ -54.6%
2004 7.21x €18.11 Billion €2.51 Billion ▼ -52.9%
2003 15.31x €15.34 Billion €1.00 Billion ▲ +1.5%
2002 15.08x €14.33 Billion €950.07 Million ▼ -38.7%
2001 24.61x €12.79 Billion €519.99 Million ▲ +584.5%
2000 3.59x €14.08 Billion €3.92 Billion ▼ -78.5%
1999 16.71x €34.01 Billion €2.04 Billion ▲ +97.6%
1998 8.46x €12.92 Billion €1.53 Billion ▼ -29.3%
1997 11.96x €14.45 Billion €1.21 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.