AXA (XSWX:CS) Pre-Tax Income: CHF9,662 Mil (TTM As of Jun. 2026)

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XSWX:CS AXA SA XSWX:CS
56 GF Score
Price CHF40.69
GF Value CHF39.77
Valuation Fairly Valued
! 5 Warning Signs
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What is AXA Pre-Tax Income?

AXA XSWX:CS 56 Pre-Tax Income is CHF9,662 Mil as of Jun. 2026. GuruFocus rates XSWX:CS with a GF Score™ of 56/100 and a GF Value™ of CHF39.77 (Fairly Valued). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. AXA's pretax income for the six months ended in Jun. 2026 was CHF5,193 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was CHF9,662 Mil. AXA's pretax margin was 9.73%.

During the past 13 years, AXA's highest Pretax Margin was 9.66%. The lowest was 1.52%. And the median was 7.77%.


AXA  (XSWX:CS) Pre-Tax Income Explanation

AXA's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=5192.687/53364.325
=9.73%

During the past 13 years, AXA's highest Pretax Margin was 9.66%. The lowest was 1.52%. And the median was 7.77%.

* 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.


AXA Pre-Tax Income Related Terms


AXA Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for AXA's Pre-Tax Income 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.

AXA Pre-Tax Income Chart

AXA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,570.08 6,496.53 7,954.84 9,315.59 9,330.45

AXA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,037.61 4,427.19 4,885.77 4,469.73 5,192.69

XSWX:CS vs BRK.A, AIG, HIG: Pre-Tax Income Comparison

For the Insurance - Diversified subindustry, AXA's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Insurance Industry

For the Insurance industry and Financial Services sector, AXA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where AXA's Pre-Tax Income falls into.


XSWX:CS
56GF Score
AXA SA XSWX:CS
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AXA Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

AXA's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+9330.449
=9,330

AXA's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+5192.687
=5,193

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF9,662 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF9,662 Mil mean?
AXA (XSWX:CS) has a Pre-Tax Income of CHF9,662 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on AXA and its competitors.
Is AXA's Pre-Tax Income too high?
AXA's current Pre-Tax Income is CHF9,662 Mil. Overall, AXA has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AXA's Pre-Tax Income compare to BRK.A and AIG?
AXA's Pre-Tax Income of CHF9,662 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Insurance company?
A good Pre-Tax Income depends on the Insurance industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on AXA and its competitors. AXA's current Pre-Tax Income is CHF9,662 Mil. 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?
Based on GuruFocus' analysis, AXA (XSWX:CS) is currently considered Fairly Valued. The stock's GF Value™ is CHF39.77, compared to a current price of CHF40.69 — trading 2.3% above its estimated fair value. The current Pre-Tax Income is CHF9,662 Mil. AXA's overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For AXA (XSWX:CS), the current Pre-Tax Income is CHF9,662 Mil as of Jun. 2026. 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 CHF40.69 is trading 2.3% above its estimated GF Value™ of CHF39.77. GuruFocus considers AXA to be Fairly Valued.

Key valuation signals for XSWX:CS:

  • Pre-Tax Income: CHF9,662 Mil
  • GF Value™: CHF39.77 vs. price of CHF40.69 (2.3% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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 Business Description

Address 25, Avenue Matignon, Paris, FRA, 75008
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.
56GF Score

Get the complete analysis for XSWX:CS

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF40.69
Price
CHF39.77
GF Value