AXA SA (CS) — Free Cash Flow Generation Index
Latest as of December 2025:
0.96x
AXA SA (CS) has a Free Cash Flow Generation Index of 0.96x as of December 2025. Free cash flow of €6.24 Billion represents 1% of operating cash flow (€6.48 Billion). Read AXA SA balance sheet liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.96x
Free Cash Flow / Operating CF
Free Cash Flow
€6.24 Billion
EUR
Operating Cash Flow
€6.48 Billion
EUR
Capital Expenditures
€241.00 Million
EUR
AXA SA Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for AXA SA across 29 annual periods. Explore CS capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for AXA SA (1997–2025)
Year-by-year Free Cash Flow Generation Index for AXA SA. For the full company profile including market capitalisation, see AXA SA (CS) market capitalisation.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | €21.05 Billion | €21.48 Billion | €428.00 Million | ▲ +5.0% |
| 2024 | 0.93x | €11.09 Billion | €11.88 Billion | €476.00 Million | ▲ +1.1% |
| 2023 | 0.92x | €5.16 Billion | €5.59 Billion | €427.00 Million | ▼ -3.3% |
| 2022 | 0.96x | €7.53 Billion | €7.88 Billion | €353.00 Million | ▲ +0.9% |
| 2021 | 0.95x | €6.18 Billion | €6.53 Billion | €350.00 Million | ▼ -3.9% |
| 2020 | 0.98x | €25.14 Billion | €25.53 Billion | €389.00 Million | ▲ +3.9% |
| 2019 | 0.95x | €8.40 Billion | €8.86 Billion | €462.00 Million | ▲ +0.9% |
| 2018 | 0.94x | €7.17 Billion | €7.63 Billion | €462.00 Million | ▼ -3.8% |
| 2017 | 0.98x | €16.13 Billion | €16.52 Billion | €393.00 Million | ▲ +1.1% |
| 2016 | 0.97x | €13.07 Billion | €13.54 Billion | €472.00 Million | ▼ -1.0% |
| 2015 | 0.97x | €17.76 Billion | €18.23 Billion | €462.00 Million | ▲ +0.2% |
| 2014 | 0.97x | €12.58 Billion | €12.94 Billion | €353.00 Million | ▲ +4.1% |
| 2013 | 0.93x | €4.97 Billion | €5.32 Billion | €348.00 Million | ▼ -3.4% |
| 2012 | 0.97x | €10.18 Billion | €10.52 Billion | €339.00 Million | ▼ -0.8% |
| 2011 | 0.98x | €15.01 Billion | €15.38 Billion | €373.00 Million | ▼ -0.4% |
| 2010 | 0.98x | €18.71 Billion | €19.10 Billion | €397.00 Million | ▲ +0.0% |
| 2009 | 0.98x | €16.42 Billion | €16.78 Billion | €355.00 Million | ▼ -0.4% |
| 2008 | 0.98x | €20.96 Billion | €21.32 Billion | €359.00 Million | ▲ +3.5% |
| 2007 | 0.95x | €18.44 Billion | €19.41 Billion | €971.89 Million | ▼ -1.9% |
| 2006 | 0.97x | €18.35 Billion | €18.94 Billion | €591.46 Million | ▼ -1.1% |
| 2005 | 0.98x | €21.62 Billion | €22.07 Billion | €450.02 Million | ▼ -1.0% |
| 2004 | 0.99x | €17.92 Billion | €18.11 Billion | €186.00 Million | ▲ +0.5% |
| 2003 | 0.99x | €15.11 Billion | €15.34 Billion | €230.00 Million | ▲ +0.7% |
| 2002 | 0.98x | €14.01 Billion | €14.33 Billion | €316.00 Million | ▲ +3.7% |
| 2001 | 0.94x | €12.07 Billion | €12.79 Billion | €724.00 Million | ▼ -2.5% |
| 2000 | 0.97x | €13.63 Billion | €14.08 Billion | €452.00 Million | ▼ -2.8% |
| 1999 | 1.00x | €33.88 Billion | €34.01 Billion | €133.69 Million | ▲ +9.0% |
| 1998 | 0.91x | €11.81 Billion | €12.92 Billion | €1.11 Billion | ▼ -6.0% |
| 1997 | 0.97x | €14.05 Billion | €14.45 Billion | €403.95 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).