Axos Financial, Inc. - Understand $ax stock

$AX Market Cap: $4.647 Billion

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Financial Snapshot

Revenue

$1.322B

TTM

Gross Margin

Net Earnings

$479.7M

TTM

Current Assets

Current Liabilities

$786.5M

Q3 2024

Current Ratio

Total Assets

$23.57B

Q3 2024

Total Liabilities

$21.16B

Q3 2024

Book Value

$2.406B

Q3 2024

Cash

$2.571B

Q3 2024

P/E

9.687

Nov 29, 2024 EST

Free Cash Flow

$295.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$64.64M	$65.26M	$659.7M	$617.9M	$622.8M	$564.9M	$475.1M	$387.3M	$317.7M	$244.4M	$172.9M	$135.7M	$115.7M	$92.94M	$85.57M
YoY Change	-0.95%	-90.11%	6.78%	-0.8%	10.26%	18.91%	22.67%	21.9%	30.01%	41.35%	27.44%	17.21%	24.53%	8.6%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$64.64M	$65.26M	$659.7M	$617.9M	$622.8M	$564.9M	$475.1M	$387.3M	$317.7M	$244.4M	$172.9M	$135.7M	$115.7M	$92.94M	$85.57M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$16.20M	$12.20M	$24.60M	$24.12M	$24.44M	$16.47M	$8.574M	$6.094M	$4.795M	$3.273M	$2.874M	$1.904M	$1.316M	$618.0K	$235.0K	$200.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K
YoY Change	32.79%	-50.4%	1.96%	-1.31%	48.4%	92.1%	40.7%	27.09%	46.5%	13.88%	50.95%	44.68%	112.94%	162.98%	17.5%	100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$694.2M	$374.0M	$52.57M	$79.12M	$145.2M	$156.3M	$106.6M	$74.06M	$56.70M	$45.42M	$35.78M	$34.03M	$36.55M	$34.42M	$34.95M
YoY Change	85.6%	611.46%	-33.56%	-45.52%	-7.07%	46.63%	43.91%	30.62%	24.83%	26.94%	5.16%	-6.89%	6.17%	-1.52%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$635.5M	$431.7M	$340.0M	$305.7M	$262.6M	$212.8M	$239.7M	$232.7M	$204.9M	$140.9M	$94.27M	$68.20M	$49.54M	$34.17M	$35.88M	$12.00M	$7.000M	$5.600M	$5.400M	$4.800M	$3.600M	$3.000M
YoY Change	47.19%	27.0%	11.19%	16.41%	23.41%	-11.22%	3.01%	13.57%	45.46%	49.42%	38.22%	37.68%	44.96%	-4.75%	198.98%	71.43%	25.0%	3.7%	12.5%	33.33%	20.0%	400.0%
Income Tax	$185.5M	$124.6M	$99.24M	$90.04M	$79.19M	$57.68M	$87.29M	$97.95M	$85.60M	$58.18M	$38.31M	$27.91M	$20.06M	$13.59M	$14.75M	$4.900M	$2.800M	$2.300M	$2.200M	$1.900M	$1.500M	$1.300M
% Of Pretax Income	29.19%	28.85%	29.19%	29.45%	30.15%	27.1%	36.42%	42.1%	41.78%	41.3%	40.64%	40.92%	40.5%	39.78%	41.11%	40.83%	40.0%	41.07%	40.74%	39.58%	41.67%	43.33%
Net Earnings	$450.0M	$307.2M	$240.7M	$215.7M	$183.4M	$155.1M	$152.4M	$134.7M	$119.3M	$82.68M	$55.96M	$40.29M	$29.48M	$20.58M	$21.13M	$7.100M	$4.200M	$3.300M	$3.300M	$2.900M	$2.200M	$1.700M
YoY Change	46.5%	27.6%	11.59%	17.59%	18.25%	1.78%	13.11%	12.95%	44.28%	47.76%	38.88%	36.69%	43.23%	-2.6%	197.58%	69.05%	27.27%	0.0%	13.79%	31.82%	29.41%	70.0%
Net Earnings / Revenue	696.16%	470.67%	36.49%	34.91%	29.45%	27.46%	32.08%	34.79%	37.55%	33.84%	32.37%	29.7%	25.47%	22.14%	24.69%
Basic Earnings Per Share	$7.82	$5.15	$4.04	$3.64	$3.01	$2.50	$2.41	$2.11	$1.87	$1.35	$0.97	$3.00	$2.45	$1.88	$2.31
Diluted Earnings Per Share	$7.66	$5.07	$3.97	$3.56	$2.98	$2.48	$2.37	$2.10	$1.87	$1.34	$0.96	$2.89	$2.33	$1.87	$2.22	$200.0K	$123.5K	$98.21K	$96.77K	$116.9K	$106.8K	$82.93K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$72.62M	$53.36M	$36.21M	$26.00M	$31.00M	$33.00M	$21.00M	$17.00M	$14.00M	$9.000M	$7.000M	$6.000M	$4.000M	$3.000M	$1.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	36.08%	47.38%	39.27%	-16.13%	-6.06%	57.14%	23.53%	21.43%	55.56%	28.57%	16.67%	50.0%	33.33%	200.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$51.67M						$18.00M	$34.00M	$39.00M	$33.00M	$25.00M	$24.00M	$15.00M	$10.00M	$6.000M	$3.000M	$1.000M	$0.00	$1.000M	$0.00	$0.00	$0.00
YoY Change							-47.06%	-12.82%	18.18%	32.0%	4.17%	60.0%	50.0%	66.67%	100.0%	200.0%		-100.0%
Total Long-Term Assets
YoY Change
Total Assets	$22.86B	$20.35B	$17.40B	$14.27B	$13.85B	$11.22B	$9.540B	$8.502B	$7.599B	$5.824B	$4.403B	$3.091B	$2.387B	$1.940B	$1.421B	$1.302B	$1.194B	$947.0M	$738.0M	$610.0M	$405.0M	$273.0M
YoY Change
Accounts Payable	$715.7M	$696.6M	$511.7M	$535.0M	$348.0M	$239.0M	$2.000M	$1.000M	$2.000M	$1.000M	$1.000M	$2.000M	$2.000M	$2.000M	$2.000M	$2.000M	$2.000M	$3.000M	$1.000M	$1.000M	$0.00	$0.00
YoY Change	2.74%	36.14%	-4.36%	53.74%	45.61%	11850.0%	100.0%	-50.0%	100.0%	0.0%	-50.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-33.33%	200.0%	0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$74.18M	$159.8M	$474.4M	$729.0M	$256.0M	$198.0M	$5.000M	$25.00M	$35.00M	$35.00M	$45.00M	$110.0M	$120.0M	$130.0M	$130.0M	$130.0M	$130.0M	$90.00M	$0.00	$0.00	$1.000M	$0.00
YoY Change	-53.59%	-66.31%	-34.92%	184.77%	29.29%	3860.0%	-80.0%	-28.57%	0.0%	-22.22%	-59.09%	-8.33%	-7.69%	0.0%	0.0%	0.0%	44.44%			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$789.8M	$856.4M	$263.0M	$535.0M	$203.0M	$239.0M	$2.000M	$1.000M	$2.000M	$1.000M	$1.000M	$23.00M	$16.00M	$7.000M	$3.000M	$2.000M	$4.000M	$1.000M	$1.000M	$1.000M	$1.000M
YoY Change	-7.77%	225.67%	-50.85%	163.55%	-15.06%	11850.0%	100.0%	-50.0%	100.0%	0.0%	-95.65%	43.75%	128.57%	133.33%	50.0%	-50.0%	300.0%	0.0%	0.0%	0.0%
Long-Term Debt	$325.7M	$361.8M	$445.2M	$221.0M	$236.0M	$169.0M	$49.00M	$49.00M	$56.00M	$5.000M	$5.000M	$5.000M	$5.000M	$8.000M	$5.000M	$165.0M	$5.000M	$5.000M	$5.000M	$5.000M	$0.00	$0.00
YoY Change	-9.98%	-18.75%	101.47%	-6.36%	39.64%	244.9%	0.0%	-12.5%	1020.0%	0.0%	0.0%	0.0%	-37.5%	60.0%	-96.97%	3200.0%	0.0%	0.0%	0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$325.7M	$361.8M	$445.2M	$221.0M	$236.0M	$169.0M	$49.00M	$49.00M	$56.00M	$5.000M	$5.000M	$5.000M	$5.000M	$8.000M	$5.000M	$165.0M	$5.000M	$5.000M	$5.000M	$5.000M	$0.00	$0.00
YoY Change	-9.98%	-18.75%	101.47%	-6.36%	39.64%	244.9%	0.0%	-12.5%	1020.0%	0.0%	0.0%	0.0%	-37.5%	60.0%	-96.97%	3200.0%	0.0%	0.0%	0.0%
Total Liabilities	$20.56B	$18.43B	$15.76B	$12.87B	$12.62B	$10.15B	$8.579B	$7.667B	$6.916B	$5.290B	$4.032B	$2.823B	$2.180B	$1.792B	$1.291B	$1.213B	$1.111B	$874.0M	$668.0M	$541.0M	$373.0M	$251.0M
YoY Change	11.58%	16.96%	22.49%	1.93%	24.38%	18.28%	11.9%	10.86%	30.74%	31.2%	42.83%	29.5%	21.65%	38.81%	6.43%	9.18%	27.12%	30.84%	23.48%	45.04%	48.61%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	57.51M shares	59.69M shares	59.52M shares	59.23M shares	60.79M shares	61.90M shares	63.06M shares	63.36M shares	62.91M shares	59.94M shares	56.16M shares	12.76B shares	11.03B shares	10.31B shares	8.639B shares
Diluted Shares Outstanding	57.51M shares	59.69M shares	59.52M shares	59.23M shares	60.79M shares	61.90M shares	63.14M shares	63.66M shares	63.60M shares	61.18M shares	57.47M shares	13.16B shares	11.49B shares	10.76B shares	8.869B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.6468 Billion

About Axos Financial, Inc.

Axos Financial, Inc. is a holding company, which engages in the provision of banking and financing services. The company is headquartered in Las Vegas, Nevada and currently employs 1,781 full-time employees. The company went IPO on 2005-03-15. The Bank provides consumer and commercial banking products through its digital online and mobile banking platforms, distribution channels and affinity partners. The Company’s segments include Banking Business and Securities Business. The Banking Business segment has a range of banking services, including online banking, concierge banking, and mortgage, vehicle, and unsecured lending through online and distribution channels. In addition, it focuses on providing deposit products nationwide to industry verticals, treasury management products to a variety of businesses, and commercial & industrial and commercial real estate lending to clients. The Securities Business segment includes the clearing broker-dealer, registered investment advisor custody business, registered investment advisor custody business, and introducing broker-dealer lines of businesses.

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