Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). AXA's share price for the quarter that ended in Jun. 2023 was $29.6. AXA's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 2,265 Mil. Therefore, AXA's market cap for the quarter that ended in Jun. 2023 was $67,055 Mil.
AXA's quarterly market cap
increased
from Jun. 2022 ($52,506 Mil) to Dec. 2022 ($63,113 Mil) and
increased
from Dec. 2022 ($63,113 Mil) to Jun. 2023 ($67,055 Mil).
AXA's annual market cap
increased
from Dec. 2020 ($57,141 Mil) to Dec. 2021 ($70,131 Mil) but then
declined
from Dec. 2021 ($70,131 Mil) to Dec. 2022 ($63,113 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. AXA's Enterprise Value for Today is $125,219 Mil.
AXA Market Cap Historical Data
The historical data trend for AXA's Market Cap 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.
For the Insurance - Diversified subindustry, AXA's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, AXA's Market Cap distribution charts can be found below:
* The bar in red indicates where AXA's Market Cap falls into.
AXA Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
AXA's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* 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 (OTCPK:AXAHY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
AXA Market Cap Related Terms
Thank you for viewing the detailed overview of AXA's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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 large French insurer at that time. Yet, as markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in U.S. investment bank Donaldson, Lufkin & Jenrette. A few years later the firm expanded again with the acquisition of Swiss insurer Winterthur. About 5 years ago AXA began reshaping its portfolio again.
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