AXA SA
AXA SA, through its subsidiaries, insurance, asset management, and banking services worldwide. The company operates through six segments: France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA Investment Managers, and Transversal & Other segments. It offers life and savings insurance and property and casualty insurance products. The company also provides protection and retirement products for indi… Read more
AXA SA (AXAHF) - Net Assets
Latest net assets as of June 2025: $47.90 Billion USD
Based on the latest financial reports, AXA SA (AXAHF) has net assets worth $47.90 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($645.57 Billion) and total liabilities ($597.67 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $47.90 Billion |
| % of Total Assets | 7.42% |
| Annual Growth Rate | -1.68% |
| 5-Year Change | -31.11% |
| 10-Year Change | -41.9% |
| Growth Volatility | 19.33 |
AXA SA - Net Assets Trend (2013–2024)
This chart illustrates how AXA SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AXA SA (2013–2024)
The table below shows the annual net assets of AXA SA from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $52.48 Billion | +0.15% |
| 2023-12-31 | $52.40 Billion | +8.31% |
| 2022-12-31 | $48.38 Billion | -35.69% |
| 2021-12-31 | $75.23 Billion | -1.24% |
| 2020-12-31 | $76.17 Billion | +2.07% |
| 2019-12-31 | $74.63 Billion | +1.88% |
| 2018-12-31 | $73.25 Billion | -2.68% |
| 2017-12-31 | $75.27 Billion | -0.81% |
| 2016-12-31 | $75.88 Billion | -15.99% |
| 2015-12-31 | $90.32 Billion | -4.62% |
| 2014-12-31 | $94.70 Billion | +49.74% |
| 2013-12-31 | $63.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AXA SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 110.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $36.48 Billion | 73.05% |
| Other Components | $13.46 Billion | 26.95% |
| Total Equity | $49.94 Billion | 100.00% |
AXA SA Competitors by Market Cap
The table below lists competitors of AXA SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The PNC Financial Services Group Inc
F:PNP
|
$66.17 Billion |
|
Investor AB (publ)
PINK:IVSXF
|
$66.43 Billion |
|
Enel SpA
PINK:ESOCF
|
$66.47 Billion |
|
Hilton Worldwide Holdings Inc
NYSE:HLT
|
$66.62 Billion |
|
Natwest Group PLC
NYSE:NWG
|
$65.95 Billion |
|
EOG Resources Inc
NYSE:EOG
|
$65.92 Billion |
|
Cintas Corporation
NASDAQ:CTAS
|
$65.89 Billion |
|
The Travelers Companies Inc
NYSE:TRV
|
$65.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AXA SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,579,000,000 to 49,943,000,000, a change of 364,000,000 (0.7%).
- Net income of 7,886,000,000 contributed positively to equity growth.
- Dividend payments of 4,455,000,000 reduced retained earnings.
- Share repurchases of 4,745,000,000 reduced equity.
- New share issuances of 1,991,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.89 Billion | +15.79% |
| Dividends Paid | $4.46 Billion | -8.92% |
| Share Repurchases | $4.75 Billion | -9.5% |
| Share Issuances | $1.99 Billion | +3.99% |
| Other Changes | $-313.00 Million | -0.63% |
| Total Change | $- | 0.73% |
Book Value vs Market Value Analysis
This analysis compares AXA SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $41.68 | x |
| 2016-12-31 | $0.00 | $41.68 | x |
| 2017-12-31 | $29.21 | $41.68 | x |
| 2018-12-31 | $26.19 | $41.68 | x |
| 2019-12-31 | $29.29 | $41.68 | x |
| 2020-12-31 | $30.01 | $41.68 | x |
| 2021-12-31 | $29.76 | $41.68 | x |
| 2022-12-31 | $20.03 | $41.68 | x |
| 2023-12-31 | $22.27 | $41.68 | x |
| 2024-12-31 | $22.96 | $41.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AXA SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.64%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 13.09x
- Recent ROE (15.79%) is above the historical average (9.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.47% | 3.59% | 0.17x | 14.27x | $-810.30 Million |
| 2014 | 7.70% | 4.14% | 0.14x | 12.88x | $-1.81 Billion |
| 2015 | 8.20% | 4.86% | 0.13x | 12.95x | $-1.34 Billion |
| 2016 | 8.26% | 4.79% | 0.14x | 12.65x | $-1.23 Billion |
| 2017 | 8.92% | 4.84% | 0.15x | 12.50x | $-752.10 Million |
| 2018 | 3.43% | 2.12% | 0.11x | 14.91x | $-4.10 Billion |
| 2019 | 5.52% | 3.09% | 0.16x | 11.17x | $-3.13 Billion |
| 2020 | 4.42% | 3.08% | 0.13x | 11.24x | $-4.00 Billion |
| 2021 | 10.25% | 6.53% | 0.14x | 10.90x | $180.60 Million |
| 2022 | 14.72% | 7.17% | 0.13x | 15.36x | $2.14 Billion |
| 2023 | 14.50% | 7.36% | 0.15x | 13.00x | $2.23 Billion |
| 2024 | 15.79% | 7.64% | 0.16x | 13.09x | $2.89 Billion |
Industry Comparison
This section compares AXA SA's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $27,076,715,000
- Average return on equity (ROE) among peers: 13.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AXA SA (AXAHF) | $47.90 Billion | 8.47% | 12.48x | $66.04 Billion |
| Alm. Brand A/S (ABDBY) | $13.40 Billion | 5.80% | 1.64x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $32.16 Billion |
| ageas SA/NV (AGESF) | $8.80 Billion | 12.71% | 10.19x | $10.79 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $41.07 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |