AIGAmerican International Group

Financials · Property & Casualty Insurance · NYSE

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. 10-K, Item 1

Employees: 22,100
Headquarters: New York, NY
CEO: Peter Zaffino
Next results: around Feb 9, 2027

All key numbers (34, from the latest 10-K and 10-Q) From EDGAR

EPS (ttm)	6.13	Sales (ttm)	27.7B	Net income (ttm)	3.3B	Sales growth	-1.7%	EPS growth	-	Sales Q/Q	+17.2%
Free cash flow	-	Gross margin	-	Oper. margin	-	Net margin	11.9%	FCF margin	-	ROE	8.5%
ROA	2.0%	R&D / sales	-	Dividend	1.75	Debt/Eq	0.24	Curr. ratio	-	Cash	1.8B
Op. cash flow (ttm)	5.2B	Net debt	7.4B	Payout ratio	32.2%	Tax rate	20.2%	Stock pay / sales	0.8%	Shares out.	518.4M
Shares Y/Y	-13.2%	Book / share	75.00	Cash / share	3.45	Sales / share	53.48	Asset turnover	0.17	Sales 3Y CAGR	-3.7%
Sales 5Y CAGR	-9.3%	EPS 3Y CAGR	-25.1%	Employees	22,100	Sales / employee	1.3M

Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.

Changes in the numbers

FY2025 against FY2024

Net income turned to a profit−$1.4B → $3.1B · Net income attributable to the company · 10-K ↗

What management wrote about it → · Every company →

AIG against Financials peers

Ten years, side by side → · All 76 →

AIGPeer median

Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How

Every dot is one of the 76 companies, the better end on the right. Hover a dot for the company.

Sales growth

-1.7%69th of 76 · median +7.2%

Net margin

11.9%62nd of 76 · median 20.4%

Return on equity

8.5%62nd of 74 · median 16.7%

Debt / equity (less is better)

0.2410th of 62 · median 0.70

AIG and the 5 peers closest in revenue
Company	Revenue (ttm)	Sales growth	Gross margin	Net margin	ROE	FCF margin	Debt / equity
AIG American International Group	$27.7B	-1.7%	-	11.9%	8.5%	-	0.24
HIG The Hartford	$29.6B	+6.9%	-	15.6%	24.4%	23.1%	0.23
BLK BlackRock	$28.5B	+18.7%	-	24.2%	11.9%	16.8%	0.22
MRSH Marsh McLennan	$28.5B	+10.3%	-	14.2%	27.1%	14.6%	1.38
SCHW Charles Schwab Corporation	$27.1B	+22.0%	-	39.3%	20.7%	43.2%	0.46
PNC PNC Financial Services	$25.7B	+7.2%	-	29.3%	12.1%	-	1.28

Profitability

0 of 3

!
Net margin below the peer median11.9% vs 20.4%
!
Return on equity below 15%8.5%
!
A profit in 5 of 10 years

Net margin, FY2016 to FY2025: -1.6% → 11.6%

Cash and shareholders

2 of 2

✓
Share count down over 5 years−34.4%
✓
Dividend per share up over 5 years$0.32 → $1.75

Free cash flow, FY2016 to FY2025: 2.4B → 6.0B

Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.

Revenue and net income, FY2016 to FY2025

Revenue 26.8B Net income 3.1B

From XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →

Where the $26.8B of revenue came from

by region, year to Dec 31, 2025

International $14.1B · 53%
North America $12.7B · 47%

From the segment tables in the 10-K XBRL. Revenue by segment, product and region →

AIG's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.

Annual Quarterly

Revenue26.8B

Net income3.1B

Free cash flow6.0B

EPS (diluted)5.43

Dividend per share1.75

Diluted shares570.3M

Revenue by region

year to Dec 31, 2025

	Revenue	Share	vs year before
International	14.1B	52.6%	-1.0%
North America	12.7B	47.4%	-2.5%

10-K 0000005272-26-000023, segment and revenue notes (XBRL).

Income statement

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	52.4B	49.5B	47.4B	49.7B	43.7B	52.2B	30.0B	27.9B	27.3B	26.8B
SG&A	11.0B	9.1B	9.3B	8.5B	8.4B	8.7B	6.2B	5.4B	5.5B	5.1B
Interest expense	1.3B	1.2B	1.3B	1.4B	1.5B	1.3B	603.0M	516.0M	462.0M	396.0M
Pretax income	-74.0M	1.5B	257.0M	5.3B	-7.3B	13.3B	3.8B	2.9B	3.9B	3.9B
Income tax	185.0M	7.5B	154.0M	1.2B	-1.5B	2.4B	882.0M	126.0M	1.2B	782.0M
Net income	-849.0M	-6.1B	-6.0M	3.3B	-5.9B	10.4B	10.2B	3.6B	-1.4B	3.1B
EPS (diluted)	-0.78	-6.54	-0.01	3.74	-6.88	11.95	12.94	4.98	-2.17	5.43
Diluted shares	1.1B	930.6M	910.1M	889.5M	869.3M	864.9M	787.9M	725.2M	657.3M	570.3M
Depreciation & amortization	4.1B	3.9B	5.4B	5.0B	4.1B	4.5B	3.9B	3.8B	3.6B	3.5B
Net margin	-1.6%	-12.3%	0.0%	6.7%	-13.6%	19.9%	34.1%	13.0%	-5.2%	11.6%
Revenue growth	-	-5.4%	-4.3%	+5.0%	-12.1%	+19.3%	-42.5%	-6.9%	-2.5%	-1.7%
EPS growth	-	-	-	-	-284%	-	+8.3%	-61.5%	-144%	-

Balance sheet

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash	2.1B	2.7B	3.4B	3.3B	3.2B	2.4B	1.6B	1.6B	1.4B	1.3B
Short-term investments	12.3B	10.4B	9.7B	13.2B	-	-	-	-	-	-
Property & equipment	2.7B	2.5B	2.2B	2.0B	1.8B	1.8B	1.2B	1.1B	1.1B	1.4B
Goodwill	1.5B	1.6B	4.1B	4.0B	4.1B	4.1B	3.8B	3.4B	3.4B	3.4B
Total assets	498.3B	498.3B	492.0B	525.1B	586.5B	596.1B	522.2B	539.3B	161.3B	161.3B
Total debt	30.9B	31.6B	34.5B	35.4B	37.5B	30.2B	28.7B	10.9B	8.9B	9.2B
Total liabilities	421.4B	432.6B	434.7B	457.6B	519.3B	527.2B	478.8B	488.0B	118.8B	120.1B
Shareholders' equity	76.3B	65.2B	56.4B	65.7B	66.4B	66.0B	41.0B	45.4B	42.5B	41.1B
Retained earnings	28.7B	21.5B	20.9B	23.1B	15.5B	23.8B	34.9B	37.5B	35.1B	37.2B

Cash flow

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	3.5B	-7.8B	-394.0M	-1.8B	1.0B	6.2B	4.1B	6.2B	3.3B	3.3B
Capital spending	1.1B	483.0M	368.0M	304.0M	353.0M	343.0M	210.0M	240.0M	-	-
Free cash flow	2.4B	-8.3B	-762.0M	-2.1B	685.0M	5.9B	3.9B	6.0B	-	-
Stock-based pay (added back)	237.0M	353.0M	337.0M	314.0M	274.0M	278.0M	288.0M	199.0M	211.0M	207.0M
Dividends paid	1.4B	1.2B	1.1B	1.1B	1.1B	1.1B	982.0M	997.0M	1.0B	976.0M
Buybacks	11.5B	6.3B	1.7B	0	500.0M	2.6B	5.2B	3.0B	6.7B	5.8B
Acquisitions	0	0	5.7B	0	0	-	-	-	-	-
Debt raised	6.0B	3.4B	4.7B	3.9B	4.2B	107.0M	7.5B	742.0M	661.0M	1.2B
Debt repaid	4.1B	3.7B	3.7B	3.2B	1.9B	4.1B	9.5B	2.3B	-	-
Investing cash flow	3.3B	14.0B	-223.0M	-5.5B	-6.2B	-3.3B	-3.6B	-7.0B	1.7B	3.2B
Financing cash flow	-6.8B	-5.7B	1.2B	7.3B	5.1B	-3.7B	-602.0M	782.0M	-5.1B	-6.5B
Dividend per share	1.28	1.28	-	-	0.32	1.28	1.28	1.40	1.56	1.75

Stock-based pay and leases

From EDGAR

	FY2016	FY2017	FY2017	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Stock-based pay (expense)	237.0M	353.0M	337.0M	314.0M	274.0M	278.0M	288.0M	199.0M	211.0M	207.0M
Stock-based pay / revenue	0.5%	0.7%	0.7%	0.6%	0.6%	0.5%	1.0%	0.7%	0.8%	0.8%
Operating lease cash paid	-	-	-	248.0M	252.0M	231.0M	-	-	-	-
Right-of-use assets	-	-	724.0M	648.0M	906.0M	1.0B	880.0M	744.0M	696.0M	690.0M
Operating lease liabilities	-	-	823.0M	733.0M	1.0B	1.2B	1.1B	894.0M	868.0M	856.0M

From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.

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