AX · Axos Financial, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $65.79M | $64.64M | $65.26M | $31.33M | - | $33.76M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $21.60M | $16.20M | $12.20M | $24.60M | $24.12M | $24.44M |
| Operating Income | $613.39M | $635.48M | $431.74M | $339.96M | $305.74M | $262.63M |
| Interest Expense | $687.69M | $694.18M | $374.02M | $52.57M | $79.12M | $145.23M |
| Income Tax | $180.49M | $185.47M | $124.58M | $99.24M | $90.04M | $79.19M |
| Net Income | $432.91M | $450.01M | $307.17M | $240.72M | $215.71M | $183.44M |
| EPS - Basic | $7.61 | $7.82 | $5.15 | $4.04 | $3.64 | $3.01 |
| EPS - Diluted | $7.43 | $7.66 | $5.07 | $3.97 | $3.56 | $2.98 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.93B | $1.98B | $2.38B | $1.57B | $1.04B | $1.95B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $24.78B | $22.86B | $20.35B | $17.40B | $14.27B | $13.85B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $312.67M | $325.68M | $361.78M | $445.24M | $221.36M | $235.79M |
| Total Liabilities | $22.10B | $20.56B | $18.43B | $15.76B | $12.86B | $12.62B |
| Stockholders' Equity | $2.68B | $2.29B | $1.92B | $1.64B | $1.40B | $1.23B |
| Retained Earnings | $2.62B | $2.19B | $1.74B | $1.43B | $1.19B | $1.01B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $490.33M | $305.48M | $187.96M | $210.28M | $412.58M | $284.12M |
| Investing Cash Flow | ($1.84B) | ($2.59B) | ($2.39B) | ($2.78B) | ($866.77M) | ($1.35B) |
| Financing Cash Flow | $1.34B | $2.09B | $3.01B | $3.10B | ($458.56M) | $2.16B |
| CapEx | $54.21M | $35.96M | $30.21M | $21.50M | $10.44M | $12.33M |
| Free Cash Flow | $436.12M | $269.52M | $157.74M | $188.78M | $402.14M | $271.79M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 932.4% | 983.1% | 661.6% | 1085.0% | - | 777.9% |
| EBITDA margin | 965.2% | 1008.2% | 680.3% | 1163.4% | - | 850.3% |
| Net margin | 658.0% | 696.2% | 470.7% | 768.2% | - | 543.3% |
| Free cash flow margin | 662.9% | 416.9% | 241.7% | 602.5% | - | 805.0% |
| FCF / Net income | 1.01 | 0.60 | 0.51 | 0.78 | 1.86 | 1.48 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 29.4% | 29.2% | 28.9% | 29.2% | 29.4% | 30.2% |
| Return on assets | 1.7% | 2.0% | 1.5% | 1.4% | 1.5% | 1.3% |
| Return on equity | 16.1% | 19.6% | 16.0% | 14.7% | 15.4% | 14.9% |
| Return on invested capital | 14.5% | 17.2% | 13.5% | 11.5% | 13.3% | 12.5% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.12 | 0.14 | 0.19 | 0.27 | 0.16 | 0.19 |
| Debt / Assets | 0.01 | 0.01 | 0.02 | 0.03 | 0.02 | 0.02 |
| Debt / EBITDA | 0.49 | 0.50 | 0.81 | 1.22 | 0.67 | 0.82 |
| Interest coverage | 0.9x | 0.9x | 1.2x | 6.5x | 3.9x | 1.8x |
| Equity multiplier | 9.25 | 9.98 | 10.61 | 10.59 | 10.18 | 11.25 |
| Liabilities / Assets | 0.89 | 0.90 | 0.91 | 0.91 | 0.90 | 0.91 |
| Efficiency | ||||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | - | 0.00 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 10.2x | 7.5x | 7.8x | 9.0x | 13.0x | 7.4x |
| P / B | 1.6x | 1.4x | 1.2x | 1.3x | 2.0x | 1.1x |
| P / S | 65.7x | 50.8x | 36.1x | 68.1x | - | 39.8x |
| EV / EBITDA | 4.3x | 2.5x | 0.8x | 2.8x | 5.9x | -1.3x |
| Growth | ||||||
| Revenue growth (YoY) | 1.8% | -1.0% | 108.3% | - | - | 22.2% |
| Revenue CAGR (3y) | 28.0% | - | 24.6% | 4.3% | - | - |
| Revenue CAGR (5y) | 14.3% | 18.5% | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -3.5% | 47.2% | 27.0% | 11.2% | 16.4% | 23.4% |
| Net income growth (YoY) | -3.8% | 46.5% | 27.6% | 11.6% | 17.6% | 18.2% |
| EPS growth (YoY) | -3.0% | 51.1% | 27.7% | 11.5% | 19.5% | 20.2% |
| EPS CAGR (3y) | 23.2% | 29.1% | 19.4% | 17.0% | 14.5% | 12.9% |
| EPS CAGR (5y) | 20.0% | 25.3% | 16.4% | 13.9% | 14.0% | -11.1% |
| FCF growth (YoY) | 61.8% | 70.9% | -16.4% | -53.1% | 48.0% | 47.4% |
| FCF CAGR (5y) | 9.9% | 7.9% | 0.2% | -2.6% | 14.9% | 19.6% |
| Book value growth (YoY) | 17.0% | 19.5% | 16.7% | 17.3% | 13.8% | 14.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Product / service
$65.79M totalAdvisory Fee Income$31.79M · 48.3%
Broker Dealer Clearing Fees$22.23M · 33.8%
Deposit Service Fees$5.43M · 8.3%
Technology And Service Fees$3.46M · 5.3%
Card Fees$2.87M · 4.4%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Savings Institution, Federally Chartered
Comparing Axos Financial against the 5 most active filers in the same SIC group.