AXA SA (CS) — Cash Flow Quality Index

Latest as of December 2025: 1.12x

AXA SA (CS) has a Cash Flow Quality Index of 1.12x as of December 2025. Operating cash flow of €6.48 Billion exceeds net income of €5.79 Billion, indicating high earnings quality where cash backs reported profits. Explore AXA SA long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.12x
Operating CF / Net Income

Operating Cash Flow

€6.48 Billion
EUR

Net Income

€5.79 Billion
EUR

Data as of

Dec 2025
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. Check AXA SA (CS) tangible net worth to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for AXA SA. For live market cap and the full company financial profile, see market value of 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.