AXA INVESTMENT MANAGERS PARIS : revenue, balance sheet and financial ratios

AXA INVESTMENT MANAGERS PARIS is a French company now closed founded 36 years ago, formerly specialized in the sector Gestion de fonds. Based in PUTEAUX (92800), this company of category GE shows in 2024 a revenue of 1.1 Mds€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - AXA INVESTMENT MANAGERS PARIS (SIREN 353534506)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 120 125 644 € 1 015 070 374 € 849 091 424 € 892 875 342 € 789 815 164 € 771 685 266 € 750 629 170 € 784 693 229 € 788 869 957 €
Net income 164 786 434 € 95 254 803 € 103 708 911 € 122 953 115 € 79 700 387 € 93 763 332 € 36 019 712 € 95 253 195 € 74 058 888 €
EBITDA 208 771 788 € 145 525 403 € 143 989 333 € 204 937 204 € 134 221 839 € 147 604 549 € 117 312 059 € 151 376 118 € 136 323 154 €
Net margin 14.7% 9.4% 12.2% 13.8% 10.1% 12.2% 4.8% 12.1% 9.4%

Revenue and income statement

In 2024, AXA INVESTMENT MANAGERS PARIS achieves revenue of 1.1 Bn€. Revenue is growing positively over 9 years (CAGR: +4.5%). Vs 2023, growth of +10% (1.0 Bn€ -> 1.1 Bn€). After deducting consumption (0 €), gross margin stands at 1.1 Bn€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 208.8 M€, representing 18.6% of revenue. Positive scissor effect: EBITDA margin improves by +4.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 164.8 M€, i.e. 14.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 120 125 644 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 120 125 644 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

208 771 788 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

202 044 285 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

164 786 434 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

18.6%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory. Cash flow represents 13.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

38.991%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

13.364%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

33.6%

Solvency indicators evolution
AXA INVESTMENT MANAGERS PARIS

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 8.3
Q3: 92.95
Excellent

In 2024, the debt ratio of AXA INVESTMENT MANAGERS P... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
38.99% 2024
2022
2023
2024
Q1: 4.58%
Med: 48.37%
Q3: 87.3%
Average +5 pts over 3 years

In 2024, the financial autonomy of AXA INVESTMENT MANAGERS P... (39.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: -0.01 years
Med: 0.0 years
Q3: 3.02 years
Good

In 2024, the repayment capacity of AXA INVESTMENT MANAGERS P... (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 188.05. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

188.047

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

1.116

Liquidity indicators evolution
AXA INVESTMENT MANAGERS PARIS

Sector positioning

Liquidity ratio
188.05 2024
2022
2023
2024
Q1: 100.7
Med: 470.56
Q3: 3112.15
Average

In 2024, the liquidity ratio of AXA INVESTMENT MANAGERS P... (188.05) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
1.12x 2024
2022
2023
2024
Q1: -71.27x
Med: 0.0x
Q3: 0.0x
Excellent

In 2024, the interest coverage of AXA INVESTMENT MANAGERS P... (1.1x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 82 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Overall, WCR represents 97 days of revenue, i.e. 301.5 M€ to permanently finance. Over 2016-2024, WCR increased by +35%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

301 515 421 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

39 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

82 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

97 j

WCR and payment terms evolution
AXA INVESTMENT MANAGERS PARIS

Positioning of AXA INVESTMENT MANAGERS PARIS in its sector

Comparison with sector Gestion de fonds

Valuation estimate

Based on 62 transactions of similar company sales in 2024, the value of AXA INVESTMENT MANAGERS PARIS is estimated at 846 706 453 € (range 277 856 255€ - 1 894 838 112€). With an EBITDA of 208 771 788€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.30x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
62 tx
277856k€ 846706k€ 1894838k€
846 706 453 € Range: 277 856 255€ - 1 894 838 112€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
208 771 788 € × 4.8x
Estimation 1 001 632 252 €
311 527 437€ - 2 254 841 502€
Revenue Multiple 30%
1 120 125 644 € × 0.30x
Estimation 340 981 931 €
176 431 235€ - 949 427 367€
Net Income Multiple 20%
164 786 434 € × 7.4x
Estimation 1 217 978 743 €
345 815 831€ - 2 412 945 758€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 62 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Gestion de fonds)

Compare AXA INVESTMENT MANAGERS PARIS with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion de fonds

Frequently asked questions about AXA INVESTMENT MANAGERS PARIS

What is the revenue of AXA INVESTMENT MANAGERS PARIS ?

The revenue of AXA INVESTMENT MANAGERS PARIS in 2024 is 1.1 Mds€.

Is AXA INVESTMENT MANAGERS PARIS profitable?

Yes, AXA INVESTMENT MANAGERS PARIS generated a net profit of 164.8 M€ in 2024.

Where is the headquarters of AXA INVESTMENT MANAGERS PARIS ?

The headquarters of AXA INVESTMENT MANAGERS PARIS is located in PUTEAUX (92800), in the department Hauts-de-Seine.

Where to find the tax return of AXA INVESTMENT MANAGERS PARIS ?

The tax return of AXA INVESTMENT MANAGERS PARIS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does AXA INVESTMENT MANAGERS PARIS operate?

AXA INVESTMENT MANAGERS PARIS operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.