Companies: 10,795·Total market cap: $144.5T
Axos Financial, Inc.

Axos Financial, Inc.

AXNYSEFinancial Services● Active
$87.85
+$0.04(+0.05%)
Market Cap$5.0B
P/E Ratio—
52W High$101.92
52W Low$69.19
Free Cash FlowFinancialsRevenue

Axos Financial, Inc. (AX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AX · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $436.1M for FY2025 (fiscal year ending 2025-06-30), up 61.8% year-over-year The FCF margin was 22.6%. Five-year CAGR stands at +9.9%.

FY2025 Free Cash Flow$436.1M▲ +61.8% YoY
Trailing 12M (TTM)$426.1Mtrailing 4 quarters sum
FCF Margin22.6%$436.1M ÷ revenue
3-Year CAGR+30.8%FY2022 → FY2025
5-Year CAGR+9.9%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
ax free cash flow history · ax free cash flow chart · ax free cash flow growth rate · ax free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$436.1M▲ +61.8%22.6%
FY2024$269.5M▲ +61.9%15.3%
FY2023$166.5M▼ 14.7%13.2%
FY2022$195.1M▼ 51.5%25.7%
FY2021$402.1M▲ +48.0%56.5%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
ax free cash flow 2025 · ax free cash flow 2024 · ax free cash flow 2023 · ax operating cash flow

FCF valuation metrics

Axos Financial, Inc. (AX) trades at a FCF yield of 8.48% and a price-to-free-cash-flow ratio of 11.7x. FCF per share stands at $7.49, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
8.48%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$7.49
TTM FCF ÷ Shares Outstanding
Price / FCF
x11.7
Share Price ÷ FCF per Share
EV / FCF (TTM)
x15.7
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-30
ax price to free cash flow · ax free cash flow yield · ax free cash flow per share · ax price to cash flow ratio

Cash flow statement summary

For FY2025, Axos Financial, Inc. generated $490.3M in operating cash flow and spent 54M in capital expenditures, yielding $436.1M in free cash flow.

Operating Activities
+$490.3M
Cash from core business operations
2025-06-30
Investing Activities
−$1.84B
CapEx, acquisitions & investments
2025-06-30
Financing Activities
+$1.34B
Buybacks, dividends & debt
2025-06-30
FCF FormulaOperating CF ($490.3M) − |CapEx| (54M) = FCF ($436.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
ax cash flow statement · ax cash flow statement 2025 · ax operating cash flow · ax cash flow from operations

Free cash flow vs peers (Financial Services)

#CompanyFree Cash FlowYoY
#1
Axos Financial, Inc.
Axos Financial, Inc.YOU
AX
$436.1M+61.8%
#2
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$100.87B+340.1%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$25.04B+115.6%#4
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$25.04B+115.6%#5
Visa Inc.
Visa Inc.
V
$21.58B+15.4%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$16.91B+18.2%
Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Axos Financial, Inc. (AX) reported free cash flow of $436.1M for FY2025 (fiscal year ending 2025-06-30), up 61.8% year-over-year. The FCF margin was 22.6%.

Based on available data, Axos Financial, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $436.1M in FY2025. The 5-year CAGR stands at +9.9%.

Axos Financial, Inc.'s FCF yield is 8.48% and price-to-FCF ratio is 11.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

AX free cash flow · 8 questions

Axos Financial, Inc. free cash flow was $436.1M for FY2025, up 61.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $426.1M.

AX free cash flowAX FCFAX FCF 2025AX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Axos Financial, Inc. · Axos Financial, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026