American International Group, Inc. (AIG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.93	$2	+3.6%	—	—	—
Q4 26	$1.88	$2.11	+12.2%	—	—	—
Q3 26	$1.9	$1.96	+3.2%	—	—	—
Q2 26	$1.71	$2.2	+28.7%	—	—	—
Q1 26	$1.69	$1.98	+17.2%	—	—	—
Q4 25	$0.97	$1.16	+19.6%	—	—	—
Q3 25	$1.23	$1.3	+5.7%	—	—	—
Q2 25	$1.3	$0.71	-45.4%	—	—	—
Q1 25	$1.3	$1.16	-10.8%	—	—	—
Q4 24	$1.59	$1.74	+9.4%	—	—	—
Q3 24	$1.64	$1.79	+9.1%	—	—	—
Q2 24	$1.5	$1.61	+7.3%	—	—	—
Q1 24	$1.59	$1.75	+10.1%	—	—	—
Q4 23	$1.42	$1.63	+14.8%	—	—	—
Q3 23	$1.29	$1.36	+5.4%	—	—	—
Q2 23	$0.53	$0.66	+24.5%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5.48	—	—	$26.8B	—
FY24	—	$2.35	—	—	$27.3B	—
FY23	—	$5.02	—	—	$47.3B	—
FY22	—	$13.1	—	—	$54.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$52.8B	$49.9B	$47.5B	$49.8B	$43.8B	$52B	$54.8B	$47.3B	$27.3B	$26.8B
YoY change	-10.5%	-5.35%	-4.9%	+4.87%	-12%	+18.5%	+5.41%	-13.7%	-42.3%	-1.82%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	52.8B	49.9B	47.5B	49.8B	43.8B	52B	54.8B	47.3B	27.3B	26.8B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	11B	9.1B	9.3B	8.5B	8.4B	8.7B	9.1B	8.5B	5.5B	5.1B
Operating expenses	11B	9.2B	9.4B	8.6B	8.5B	8.1B	8.5B	8.9B	5.6B	5.1B
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	3.1B	2.4B	949M	919M	903M	984M	850M	767M	169M	11M
Pretax income	-74M	1.5B	257M	5.3B	-7.3B	13.3B	14.3B	3.9B	3.9B	3.9B
Income tax	185M	7.5B	154M	1.2B	-1.5B	2.4B	3B	-20M	1.2B	782M
Net income	-349M	-6.1B	61M	4.2B	-5.8B	10.9B	11.3B	3.9B	-926M	3.1B
Net margin	-0.66%	-12.1%	0.13%	8.37%	-13.3%	21%	20.6%	8.21%	-3.4%	11.6%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	-0.78	-6.54	-0.01	3.79	-6.88	12.1	13.1	5.02	2.35	5.48
Diluted EPS	-0.78	-6.54	-0.01	3.74	-6.88	11.9	12.9	4.98	-2.17	5.43

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	7.3B	10B	12.6B	6.6B	6.8B	7.2B	6.8B	7B	6.4B	6.6B	6.6B	7.1B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.3B	2.1B	2B	1.6B	1.3B	1.3B	1.1B	1.2B	1.3B	1.5B	1.1B	1.2B
Operating expenses	1.3B	2.8B	1.7B	1.6B	1.4B	1.3B	1.1B	1.1B	1.3B	1.5B	1.1B	1.2B
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	3M	202M	217M	2M	—	167M	11M	6M	-4M	-2M	1M	2M
Pretax income	1.1B	-1.3B	2.1B	617M	649M	1.5B	960M	1.5B	714M	661M	987M	1.3B
Income tax	399M	-873M	451M	142M	168M	599M	262M	400M	190M	-70M	224M	316M
Net income	2.7B	-473M	1.6B	-3.9B	457M	901M	698M	1.1B	524M	731M	763M	948M
Net margin	37.7%	-4.74%	12.7%	-59.1%	6.77%	12.6%	10.3%	16.2%	8.18%	11.1%	11.5%	13.4%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	2.83	0.12	1.75	-6.02	0.72	1.48	1.18	2	0.94	—	1.42	1.79
Diluted EPS	2.81	0.12	1.74	-6.02	0.71	1.43	1.16	1.98	0.93	—	1.41	1.78

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	35.4B	45B	32.9B	48.6B	49.2B	48.7B	—	48.3B	38.1B
Enterprise value	—	—	-172B	-186.8B	-222.1B	-214B	-164.2B	-180B	—	19.1B	37.4B
Shares outstanding	1.1B	930.6M	898.4M	876.8M	869.3M	854.3M	778.6M	719.5M	606.2M	565.1M	565.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	580.4	10.8	—	4.45	4.37	12.6	—	15.6	13.5
P/S	—	—	0.75	0.9	0.75	0.93	0.9	1.03	—	1.81	1.45
P/B	—	—	0.62	0.67	0.49	0.7	1.13	0.95	—	1.17	0.96
EV/EBITDA	—	—	—	—	—	—	—	—	—	—	4.6
EV/Sales	—	—	-3.62	-3.75	-5.07	-4.12	-3	-3.81	—	0.71	1.4
Earnings yield	—	—	0.17%	9.26%	—	22.5%	22.9%	7.96%	—	6.41%	7.39%
FCF yield	—	—	-1.11%	-4.02%	3.15%	12.8%	8.4%	12.8%	—	6.86%	19.4%
PEG	—	—	—	—	—	—	—	—	—	—	-1.29

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Operating margin	—	—	—	—	—	—	—	—	—	—	19.4%
Net margin	-0.66%	-12.1%	0.13%	8.37%	-13.3%	21%	20.6%	8.21%	-3.4%	11.6%	11.1%
ROE	-0.45%	-9.22%	0.11%	6.18%	-8.67%	15.8%	25.9%	7.56%	-2.18%	7.52%	7.22%
ROA	—	—	—	—	—	—	—	—	-0.57%	1.92%	1.76%
Return on tangible assets	—	—	—	—	—	—	—	—	-0.6%	2.01%	1.89%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	—	—	—	—	—	—	—	—	—	0.61
Debt / equity	0.4	0.48	0.6	0.52	0.56	0.44	0.63	0.44	0.21	0.22	0.22
Debt / assets	—	—	—	—	—	—	—	—	0.06	0.06	0.06
Net debt / EBITDA	—	—	—	—	—	—	—	—	—	—	-0.17
Interest coverage	0.94	2.26	1.2	4.73	-4.01	11.2	13.7	4.4	9.38	10.8	9.98
Effective tax rate	0%	100%	59.9%	22.1%	0%	18.3%	21.2%	0%	30.2%	20.2%	18.2%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	48.4	53.7	52.9	56.8	50.4	60.8	70.3	65.7	45	47.4	49.5
EPS (basic)	-0.78	-6.54	-0.01	3.79	-6.88	12.1	13.1	5.02	2.35	5.48	5.48
EPS (diluted)	-0.78	-6.54	-0.01	3.74	-6.88	11.9	12.9	4.98	-2.17	5.43	5.48
Book value per share	70.4	70.6	63.8	76.9	77.3	80.7	55.8	71.3	70.2	72.8	77.4
FCF per share	3.21	-8.4	-0.44	-2.06	1.19	7.28	5.31	8.68	5.4	5.86	7.22
Cash per share	234.4	270.5	269.3	304.7	336.5	342.7	309	349	61.7	68	20.1

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Payout ratio	-393.1%	-19.4%	1.9K%	27.2%	-19.4%	10.2%	8.97%	26.5%	-110.6%	31.5%	33.8%
Dividend yield	—	—	3.21%	2.52%	3.44%	2.29%	2.05%	2.1%	—	2.02%	2.75%

Yield

2.75%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.50

ex-dividend Sep 16, 2026

Payout ratio

34%

of earnings

Dividend growth

3 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 16, 2026	$0.50
Jun 15, 2026	$0.50
Mar 16, 2026	$0.45

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$7.3B	$10B	$12.6B	$6.6B	$6.8B	$7.2B	$6.8B	$7B	$6.4B	$6.6B	$6.6B	$7.1B
YoY change	-48.1%	-14.4%	+14.1%	-12%	-7.3%	-28.1%	-46.2%	+7.19%	-5.23%	-8.59%	-2.33%	+0.64%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	255.7B	251.7B	241.9B	267.2B	292.5B	292.8B	240.6B	251.1B	37.4B	38.4B
Receivables	10.5B	10.2B	11B	10.3B	11.3B	12.4B	13.2B	10.6B	10.5B	10.4B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	3.1B	3.2B	8.2B	8.1B	8.1B	8.1B	7.9B	—	6.7B	6.9B
Total assets	—	—	—	—	—	—	—	—	161.3B	161.3B
Accounts payable	—	—	—	—	—	—	—	—	6.1B	5.4B
Short-term debt	—	—	—	—	—	0	1.5B	250M	—	—
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	30.9B	31.6B	34.5B	35.4B	37.5B	30.2B	25.7B	22.1B	8.9B	9.2B
Total liabilities	—	—	—	—	—	—	—	—	118.8B	120.1B
Shareholders' equity	76.9B	65.7B	57.3B	67.4B	67.2B	68.9B	43.5B	51.3B	42.5B	41.2B
Total debt	30.9B	31.6B	34.5B	35.4B	37.5B	30.2B	27.2B	22.4B	8.9B	9.2B
Net debt	29B	29.3B	31.7B	32.5B	34.7B	28B	25.1B	20.2B	7.6B	7.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	230B	251.1B	249.4B	76.3B	33B	37.4B	34.5B	35.9B	36.9B	38.4B	34.9B	36.5B
Receivables	11.4B	10.6B	11.3B	11.7B	11.2B	10.5B	11.7B	13B	11.3B	10.4B	11.6B	12.8B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	—	—	—	6.8B	6.9B	6.7B	6.8B	6.9B	6.9B	6.9B	6.8B	6.8B
Total assets	—	—	544.1B	167.9B	169.4B	161.3B	161.9B	166B	163.4B	161.3B	161.5B	163.5B
Accounts payable	—	—	—	—	6.7B	6.1B	7.3B	7.7B	6.2B	5.4B	6.5B	7.5B
Short-term debt	1B	250M	250M	—	—	—	—	—	—	—	—	—
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	23.1B	22.1B	21.7B	9.9B	10.1B	8.9B	8.8B	9.3B	9.2B	9.2B	9.2B	9.1B
Total liabilities	—	—	—	123.4B	124.4B	118.8B	120.4B	124.4B	122.3B	120.1B	121.1B	122.8B
Shareholders' equity	43.2B	51.3B	49.1B	44.5B	45.1B	42.5B	41.5B	41.5B	41.1B	41.2B	40.4B	40.6B
Total debt	24.1B	22.4B	21.9B	9.9B	10.1B	8.9B	8.8B	9.3B	9.2B	9.2B	9.2B	9.1B
Net debt	22.1B	20.2B	20.1B	8.6B	8.6B	7.6B	7.4B	7.4B	7.7B	7.9B	7.7B	7.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-259M	-6.1B	103M	4.1B	-5.8B	10.9B	11.3B	3.9B	2.7B	3.1B
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	236M	6.8B	1.4B	344M	308M	-679M	-7.8B	-194M	94M	-913M
Operating cash flow	51M	745M	1.5B	4.5B	-5.5B	9.2B	2.3B	3.3B	2.8B	3.3B
Capital expenditure	—	—	—	—	—	—	—	—	—	—
Investing cash flow	7.8B	17.7B	5.8B	-1.8B	-8B	-2.5B	1.3B	-4.3B	5.3B	2.1B
Dividends paid	-1.4B	-1.2B	-1.1B	-1.1B	-1.1B	-1.1B	-1B	-1B	-1B	-976M
Share repurchases	-11.5B	-6.3B	-1.7B	0	-500M	-2.6B	-5.2B	-3B	-7.1B	-5.8B
Financing cash flow	-6.8B	-5.7B	1.2B	7.3B	5.1B	-3.7B	-602M	782M	-8.9B	-6.5B
Net change in cash	1B	12.7B	8.5B	10B	-8.5B	3B	3B	-232M	-829M	-1.1B
Free cash flow	3.5B	-7.8B	-394M	-1.8B	1B	6.2B	4.1B	6.2B	3.3B	3.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	701M	-473M	1.6B	-328M	481M	947M	698M	1.1B	524M	731M	763M	948M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	1.7B	965M	-412M	622M	680M	-796M	60M	-387M	153M	-739M	-584M	-612M
Operating cash flow	1.7B	1.1B	297M	1.2B	1.2B	164M	758M	1.4B	1.3B	636M	155M	1.7B
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-1.8B	-2.6B	1.5B	1.4B	153M	2.3B	2.6B	285M	-233M	-477M	784M	-959M
Dividends paid	-261M	-256M	-265M	-261M	-254M	-244M	-234M	-254M	-246M	-242M	-241M	-263M
Share repurchases	-810M	-1B	-2.1B	-1.7B	-1.5B	-1.8B	-2.2B	-1.8B	-1.2B	-584M	-508M	-645M
Financing cash flow	-1.4B	1B	-1.1B	-3.4B	-2.4B	-2.5B	-2.7B	-2.8B	-1.5B	-799M	-799M	-920M
Net change in cash	-1.5B	-483M	608M	-834M	-1.1B	-6M	653M	-1.1B	-422M	-640M	140M	-163M
Free cash flow	3.5B	1.6B	519M	930M	1.7B	125M	-56M	1.4B	1.3B	636M	155M	1.7B

Date	Ratio
Jul 1, 2009	1:20
Jul 31, 2000	3:2
Aug 2, 1999	5:4
Aug 3, 1998	3:2
Jul 28, 1997	3:2
Jul 31, 1995	3:2
Jul 30, 1993	3:2
Jul 23, 1990	5:4
Nov 18, 1986	2:1
Apr 26, 1983	5:4
May 28, 1981	3:2
Mar 29, 1977	5:4
Apr 1, 1974	5:4

American International Group, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history