AXA SA (AXAHY)
OTHER OTC:AXAHY
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AXA SA
(OTC:AXAHY)
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Rating:70Outperform
Price Target:
$48.00
▲(6.62% Upside)
Action:ReiteratedDate:03/29/26
Score is supported primarily by strong financial performance (notably cash generation and improved leverage) and an attractive valuation (low P/E and high dividend yield). These positives are tempered by weak technical momentum and some financial data inconsistencies that reduce visibility into underlying operating performance.
Positive Factors
Strong cash generation
Consistent, high free cash flow (FCF) provides a durable buffer for underwriting volatility, supports reinvestment, dividends or buybacks and funds claims without relying on capital markets. FCF far exceeding net income in 2025 signals sustainable internal funding and balance-sheet flexibility over months.
Negative Factors
Data and reporting inconsistencies
Inconsistent or missing reported profitability metrics impede reliable trend analysis and forecasting, raising model risk for creditors and investors. Persistent reporting anomalies can mask one-offs or reclassifications and increase uncertainty about sustainable operating margins over quarters to months.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Consistent, high free cash flow (FCF) provides a durable buffer for underwriting volatility, supports reinvestment, dividends or buybacks and funds claims without relying on capital markets. FCF far exceeding net income in 2025 signals sustainable internal funding and balance-sheet flexibility over months.
Read all positive factors
AXA SA (AXAHY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$96.98B
Dividend Yield5.03%
Average Volume (3M)146.40K
Price to Earnings (P/E)9.1
Beta (1Y)0.50
Revenue Growth-0.39%
EPS Growth9.10%
CountryUS
Employees100,041
SectorFinancial
Sector Strength70
IndustryInsurance - Diversified
Share Statistics
EPS (TTM)2.13
Shares Outstanding2,090,621,800
10 Day Avg. Volume151,656
30 Day Avg. Volume146,397
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)1.81
Price to Sales (P/S)0.77
P/FCF Ratio4.22
Enterprise Value/Market Cap0.79
Enterprise Value/Revenue0.65
Enterprise Value/Gross Profit0.65
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)4.83
Revenue Forecast (FY)$89.99B
AXA SA Business Overview & Revenue Model
Company Description
AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through France, Europe, Asia, AXA XL, International, and Transversal & Central Holdings segments. It offers life and savin...
How the Company Makes Money
AXA primarily makes money by underwriting insurance and managing assets for fees.
1) Insurance underwriting (core source)
- Premium income: Customers (individuals and businesses) pay premiums for coverage in property & casualty (e.g., auto, home,...
AXA SA Earnings Call Summary
Earnings Call Date:Aug 01, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Jul 30, 2026
Earnings Call Sentiment Positive
AXA Group delivered strong revenue and earnings growth across all business segments, with strategic acquisitions enhancing market positions. Although there were challenges in asset management and UK motor pricing, the group's robust financial performance and strategic focus on insurance underscore a positive outlook.Positive Updates
Revenue Growth
AXA Group's revenue increased by 7% to over EUR 64 billion, driven by growth across all business lines and regions.
Negative Updates
Decline in Asset Management Earnings
AXA IM's earnings declined by 14% due to increased costs during the transitional period to BNP Paribas.
Read all updates
Q2-2025 Updates
Positive
Negative
Revenue Growth
AXA Group's revenue increased by 7% to over EUR 64 billion, driven by growth across all business lines and regions.
Read all positive updates
Company Guidance
During the 2025 Half Year Earnings Press Conference for AXA Group, key metrics highlighted included a 7% increase in revenue, reaching over EUR 64 billion, and a 6% rise in underlying earnings totaling EUR 4.5 billion. Underlying earnings per share also grew by 8%, aligning with the strategic plan's annual target range of 6% to 8%. The Solvency II ratio remained strong at 220%, a 4-point increase from 2024. The Property & Casualty (P&C) segment saw a revenue increase of 6% to EUR 34.1 billion, driven by a 5% growth in Commercial insurance and a 7% rise in Personal lines. Life & Health revenue increased by 8% to EUR 29.2 billion, with the Life segment growing 9% to EUR 19.1 billion and Health premiums rising 6% to EUR 10.1 billion. AXA also announced the acquisition of 51% of Prima, an Italian insurer, for EUR 500 million, which is expected to double its market share in Italy's motor insurance sector.AXA SA Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
62
Positive
Cash Flow
78
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 110.96B | 89.82B | 87.15B | 86.79B | 111.69B |
| Gross Profit | 110.96B | 89.82B | 87.15B | 86.79B | 99.03B |
| EBITDA | 0.00 | 10.59B | -738.00M | 7.29B | 10.05B |
| Net Income | 9.41B | 7.89B | 7.19B | 5.06B | 7.29B |
Balance Sheet | |||||
| Total Assets | 635.23B | 653.76B | 644.45B | 696.70B | 775.49B |
| Cash, Cash Equivalents and Short-Term Investments | 22.19B | 333.57B | 320.12B | 323.68B | 424.91B |
| Total Debt | 15.79B | 62.14B | 59.54B | 63.75B | 61.84B |
| Total Liabilities | 585.75B | 601.28B | 597.49B | 648.32B | 700.26B |
| Stockholders Equity | 47.18B | 49.94B | 49.58B | 46.07B | 71.13B |
Cash Flow | |||||
| Free Cash Flow | 20.22B | 11.99B | 6.01B | 7.53B | 6.18B |
| Operating Cash Flow | 20.64B | 12.47B | 6.44B | 7.88B | 6.53B |
| Investing Cash Flow | -10.21B | -11.25B | -1.59B | -155.00M | -8.95B |
| Financing Cash Flow | -7.80B | -7.33B | -4.34B | -6.12B | -4.33B |
AXA SA Technical Analysis
Positive
45.02
Price Trends
45.56
Positive
45.79
Positive
46.60
Positive
Market Momentum
0.17
Negative
62.86
Neutral
91.32
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AXAHY, the sentiment is Positive. The current price of 45.02 is above the 20-day moving average (MA) of 44.63, below the 50-day MA of 45.56, and below the 200-day MA of 46.60, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 62.86 is Neutral, neither overbought nor oversold. The STOCH value of 91.32 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AXAHY.
AXA SA Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | $34.48B | 7.15 | 19.02% | ― | 16.68% | -28.54% | |
79 Outperform | $37.45B | 10.14 | 21.37% | 1.55% | 7.11% | 22.52% | |
73 Outperform | $19.75B | 9.49 | 10.26% | 3.44% | 12.33% | ― | |
70 Outperform | $96.98B | 9.07 | 16.97% | 5.03% | -0.39% | 9.10% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $40.87B | 15.62 | 7.50% | 2.02% | -23.02% | 52.43% | |
65 Neutral | $11.24B | 10.92 | 11.63% | 5.77% | -6.19% | ― |
* Financial Sector Average
AXAHY
AXA SA
47.35
9.71
25.79%
AEG
Aegon
7.48
2.25
42.94%
AIG
American International Group
76.17
0.21
0.27%
ACGL
Arch Capital Group
96.92
10.50
12.15%
HIG
Hartford Insurance
135.76
27.47
25.37%
PFG
Principal Financial
91.06
24.09
35.97%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.