AXAXSWX:CS 70 Debt-to-EBITDA is 5.91 as of Dec. 2025, which is 14% below its 10-year median of 6.88. GuruFocus rates XSWX:CS with a GF Score™ of 70/100 and a GF Value™ of CHF33.11. The stock has 5 warning signs investors should review. Among 324 Insurance companies, AXA ranks worse than 93.21% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for AXA's Debt-to-EBITDA or its related term are showing as below:
XSWX:CS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.33 Med: 6.88 Max: 22.22
Current: 5.69
During the past 13 years, the highest Debt-to-EBITDA Ratio of AXA was 22.22. The lowest was 5.33. And the median was 6.88.
XSWX:CS's Debt-to-EBITDA is ranked worse than 93.21% of 324
companies
in the Insurance industry
Industry Median: 1.175
vs XSWX:CS: 5.69
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
AXA Debt-to-EBITDA Related Terms
AXA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for AXA's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:CS vs BRK.A, AIG, HIG: Debt-to-EBITDA Comparison
For the Insurance - Diversified subindustry, AXA's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AXA Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, AXA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where AXA's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
AXA (XSWX:CS) has a Debt-to-EBITDA of 5.91 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AXA. This is 14% below median its historical median of 6.88. Over the past decade, AXA's Debt-to-EBITDA has ranged from 5.33 to 22.22. According to the industry distribution chart, AXA ranks #302 out of 324 companies in the Insurance industry, placing it in the top 93.2%.
Is AXA's Debt-to-EBITDA too high?
AXA's current Debt-to-EBITDA of 5.91 is 14% below median its 10-year median of 6.88. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 22.22. The Insurance industry median Debt-to-EBITDA is 1.18. AXA's value of 5.91 is 403% above this industry median. Based on the distribution chart, AXA ranks #302 out of 324 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, AXA has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does AXA's Debt-to-EBITDA compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AXA ranks #302 out of 324 companies for Debt-to-EBITDA. This places AXA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.18. AXA's value of 5.91 is 403% above this benchmark. Historically, AXA's own Debt-to-EBITDA has ranged from 5.33 to 22.22 over the past decade. While the company's 10-year median is 6.88 vs. the industry median of 1.18, AXA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.18, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AXA's current Debt-to-EBITDA of 5.91 is 403% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AXA. For the Insurance industry, the median Debt-to-EBITDA is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AXA's current Debt-to-EBITDA is 5.91, which is 14% below median its own 10-year median of 6.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXA stock overvalued right now?
AXA (XSWX:CS) has a current Debt-to-EBITDA of 5.91. The stock's GF Value™ is CHF33.11, compared to a current price of CHF37.96 — trading 14.6% above its estimated fair value. The current Debt-to-EBITDA is 5.91, which is 14% below median its 10-year median of 6.88 and 403% above the Insurance industry median of 1.18. AXA's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For AXA (XSWX:CS), the current Debt-to-EBITDA is 5.91 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AXA (XSWX:CS) Overvalued in 2026?
Based on GuruFocus' analysis, AXA stock appears to be overvalued.
The current stock price of CHF37.96 is trading 14.6% above its estimated GF Value™ of CHF33.11.
Key valuation signals for XSWX:CS:
Debt-to-EBITDA: 5.91 (14% below median its 10-year median of 6.88)
GF Value™: CHF33.11 vs. price of CHF37.96 (14.6% above fair value)
Industry Position: 403% above the Insurance median (#302 of 324)
No single metric tells the full story. See the XSWX:CS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AXA's origins date back to Ancienne Mutuelle, one of the few insurers that remained after the creation of the French social security system. With the threat of nationalization, a merger took place between Drouot and AXA, which was then still known as Mutuelles Unies in 1982, and later Présence. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought the French insurer UAP. As markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later, the business expanded again with the acquisition of Swiss insurer Winterthur. AXA has reshaped its portfolio to technical risks.
70GF Score
Get the complete analysis for XSWX:CS
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:CS has been successfully added to your 
