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AXA (LTS:0HAR) 1-Year ROIIC % : 28.43% (As of Jun. 2024)


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What is AXA 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. AXA's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 28.43%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AXA's 1-Year ROIIC % or its related term are showing as below:

LTS:0HAR's 1-Year ROIIC % is ranked better than
81.36% of 338 companies
in the Insurance industry
Industry Median: 4.755 vs LTS:0HAR: 28.43

AXA 1-Year ROIIC % Historical Data

The historical data trend for AXA's 1-Year ROIIC % 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.

* Premium members only.

AXA 1-Year ROIIC % Chart

AXA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.95 -4.05 -8.10 2.27 29.29

AXA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
1-Year ROIIC % 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 -2.08 2.27 3.58 29.29 28.43

Competitive Comparison of AXA's 1-Year ROIIC %

For the Insurance - Diversified subindustry, AXA's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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's 1-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AXA's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AXA's 1-Year ROIIC % falls into.



AXA 1-Year ROIIC % Calculation

AXA's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 8032.6079 (Jun. 2024) - 5748.8696 (Jun. 2023) )/( 604825.8 (Jun. 2024) - 596793.4 (Jun. 2023) )
=2283.7383/8032.4
=28.43%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


AXA  (LTS:0HAR) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


AXA 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of AXA's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


AXA Business Description

Address
25, Avenue Matignon, Paris, FRA, 75008
AXA's origins date back to Ancienne Mutuelle, which was one of the few insurers that remained after the creation of the French security system. With the threat of nationalization, a merger took place between three insurance groups: The Drouot Group, AXA (still known as Mutuelles Unies in 1982), and Presence Group. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought UAP, a French insurer. Yet, 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 firm expanded again with the acquisition of Swiss insurer Winterthur. About five years ago, AXA started to reshape its portfolio to technical risks.

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