See more : Cvent Holding Corp. (CVT) Income Statement Analysis – Financial Results
Complete financial analysis of American Equity Investment Life Holding Company (AEL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of American Equity Investment Life Holding Company, a leading company in the Insurance – Life industry within the Financial Services sector.
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American Equity Investment Life Holding Company (AEL)
About American Equity Investment Life Holding Company
American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. American Equity Investment Life Holding Company was incorporated in 1995 and is headquartered in West Des Moines, Iowa.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.69B | 3.77B | 4.05B | 3.71B | 2.01B | 2.94B | 2.99B | 1.68B | 1.98B | 2.15B | 2.51B | 1.30B | 1.14B | 1.29B | 1.19B | 414.73M | 714.50M | 915.86M | 567.72M | 497.14M | 452.14M | 279.71M | 180.38M | 114.62M | 79.81M | 37.95M |
| Cost of Revenue | 301.58M | 239.62M | 243.71M | 183.64M | 154.15M | 129.30M | 111.69M | 102.23M | 96.22M | 81.58M | 91.92M | 95.50M | 67.53M | 114.62M | 57.26M | 52.63M | 48.23M | 40.42M | 35.90M | 32.02M | 25.62M | 21.64M | 17.07M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.39B | 3.53B | 3.80B | 3.53B | 1.86B | 2.81B | 2.88B | 1.57B | 1.89B | 2.07B | 2.42B | 1.21B | 1.07B | 1.17B | 1.13B | 362.10M | 666.27M | 875.44M | 531.82M | 465.13M | 426.52M | 258.08M | 163.31M | 114.62M | 79.81M | 37.95M |
| Gross Profit Ratio | 82.18% | 93.64% | 93.98% | 95.05% | 92.34% | 95.60% | 96.27% | 93.90% | 95.15% | 96.20% | 96.34% | 92.66% | 94.08% | 91.09% | 95.18% | 87.31% | 93.25% | 95.59% | 93.68% | 93.56% | 94.33% | 92.27% | 90.54% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 207.47M | 162.06M | 139.16M | 95.82M | 82.88M | 71.91M | 58.04M | 53.48M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 207.47M | 162.06M | 139.16M | 95.82M | 82.88M | 71.91M | 58.04M | 53.48M | 0.00 | 0.00 | 0.00 | 0.00 | 775.76M | 114.62M | 57.26M | 52.63M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | -758.99M | -1.22B | -3.84B | -3.24B | -2.02B | -790.94M | -544.27M | -727.41M | -591.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -286.35M | -568.76M | -683.85M | -421.68M | -378.49M | -374.15M | -229.30M | -152.38M | -101.84M | -71.61M | -34.63M |
| Operating Expenses | 758.99M | -1.06B | -3.70B | -3.15B | -1.94B | -719.02M | 3.78B | 2.14B | 1.44B | 2.09B | 2.53B | 1.51B | 1.11B | 1.19B | 1.22B | -233.72M | -568.76M | -683.85M | -421.68M | -378.49M | -374.15M | -229.30M | -152.38M | -101.84M | -71.61M | -34.63M |
| Cost & Expenses | -1.34B | 2.22B | 3.45B | 2.90B | 1.70B | 2.37B | 2.67B | 1.55B | 1.65B | 1.95B | 2.12B | 1.22B | 1.01B | 1.22B | 1.10B | 294.74M | 671.66M | 798.94M | 496.82M | 427.60M | 413.19M | 250.76M | 170.92M | 100.00M | 76.71M | 36.95M |
| Interest Income | 0.00 | 57.05M | 30.91M | 31.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.47B | -1.27B | -818.09M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 51.25M | 927.08M | 2.71B | 1.57B | 41.29M | 40.99M | 44.49M | 41.21M | 41.09M | 1.52B | 1.32B | 860.02M | 45.64M | 770.25M | 379.09M | 248.21M | 54.67M | 74.67M | 41.75M | 17.10M | 13.43M | 7.27M | 9.72M | 5.61M | 4.39M | 2.32M |
| Depreciation & Amortization | 8.65M | 14.19M | 5.53M | 5.20M | 4.07M | 3.47M | 3.95M | 3.88M | 4.61M | 9.49M | 18.38M | 18.40M | 0.00 | 0.00 | 93.91M | 43.44M | -184.84M | -147.14M | -118.35M | -69.72M | -98.97M | -93.68M | 23.04M | 8.57M | 10.92M | 3.67M |
| EBITDA | 190.86M | 2.49B | 349.97M | 569.93M | 79.60M | 2.22B | 2.39B | 900.80M | 1.35B | 1.73B | 1.73B | 964.42M | 178.55M | 102.30M | 559.17M | 257.58M | -87.34M | 44.46M | -8.21M | 16.92M | -46.60M | -64.90M | 33.97M | 21.35M | 19.12M | 6.99M |
| EBITDA Ratio | 11.28% | 66.01% | 8.65% | 15.35% | 3.96% | 75.63% | 79.86% | 53.72% | 68.11% | 80.39% | 69.01% | 74.09% | 15.67% | 7.96% | 47.03% | 62.11% | -12.22% | 4.85% | -1.45% | 3.40% | -10.31% | -23.20% | 18.83% | 18.63% | 23.96% | 18.43% |
| Operating Income | -1.39M | 2.47B | 344.45M | 564.73M | 75.53M | 2.22B | 2.38B | 896.93M | 1.35B | 1.72B | 1.71B | 946.01M | 178.55M | 102.30M | 465.25M | 128.38M | 97.51M | 191.59M | 110.14M | 86.64M | 52.37M | 28.78M | 10.93M | 12.78M | 8.20M | 3.32M |
| Operating Income Ratio | -0.08% | 65.63% | 8.51% | 15.21% | 3.75% | 75.52% | 79.73% | 53.49% | 67.88% | 79.95% | 68.27% | 72.68% | 15.67% | 7.96% | 39.13% | 30.96% | 13.65% | 20.92% | 19.40% | 17.43% | 11.58% | 10.29% | 6.06% | 11.15% | 10.27% | 8.75% |
| Total Other Income/Expenses | -886.29M | -1.82B | -3.06B | -2.62B | -1.46B | -787.09M | 1.22B | 152.93M | 356.85M | 198.69M | 395.57M | 387.82M | -45.64M | 89.13M | 172.94M | -8.39M | -54.67M | -74.67M | -41.75M | -17.10M | -13.43M | 171.00K | -1.47M | 1.84M | -5.10M | -2.32M |
| Income Before Tax | 297.05M | 1.55B | 602.75M | 815.96M | 315.57M | 565.74M | 316.27M | 130.25M | 337.31M | 196.06M | 389.33M | 85.99M | 132.91M | 65.27M | 86.16M | 119.99M | 42.84M | 116.93M | 70.89M | 69.54M | 38.95M | 28.95M | 9.45M | 14.62M | 3.10M | 1.00M |
| Income Before Tax Ratio | 17.55% | 41.04% | 14.89% | 21.97% | 15.68% | 19.27% | 10.58% | 7.77% | 17.00% | 9.12% | 15.52% | 6.61% | 11.66% | 5.08% | 7.25% | 28.93% | 6.00% | 12.77% | 12.49% | 13.99% | 8.61% | 10.35% | 5.24% | 12.75% | 3.88% | 2.65% |
| Income Tax Expense | 85.13M | 325.16M | 128.76M | 144.50M | 69.48M | 107.73M | 141.63M | 47.00M | 117.48M | 70.04M | 136.05M | 28.19M | 46.67M | 22.33M | 17.63M | 72.90M | 13.86M | 41.44M | 25.40M | 24.26M | 13.51M | 7.30M | 333.00K | 2.39M | 1.37M | 760.48K |
| Net Income | 210.53M | 1.22B | 553.02M | 671.46M | 246.09M | 458.02M | 174.65M | 83.24M | 219.83M | 126.02M | 253.28M | 57.80M | 86.25M | 42.93M | 68.53M | 47.10M | 28.98M | 75.49M | 42.99M | 45.28M | 25.44M | 14.21M | 872.00K | 4.78M | 2.44M | 244.19K |
| Net Income Ratio | 12.44% | 32.40% | 13.66% | 18.08% | 12.23% | 15.60% | 5.84% | 4.96% | 11.08% | 5.86% | 10.09% | 4.44% | 7.57% | 3.34% | 5.76% | 11.36% | 4.06% | 8.24% | 7.57% | 9.11% | 5.63% | 5.08% | 0.48% | 4.17% | 3.06% | 0.64% |
| EPS | 2.10 | 13.48 | 4.58 | 6.93 | 2.70 | 5.07 | 1.96 | 0.98 | 2.78 | 1.69 | 3.86 | 0.94 | 1.45 | 0.73 | 1.22 | 0.88 | 0.51 | 1.34 | 1.09 | 0.77 | 1.45 | 0.87 | 0.05 | 0.29 | 0.17 | 0.02 |
| EPS Diluted | 2.06 | 13.34 | 4.55 | 6.90 | 2.68 | 5.01 | 1.93 | 0.97 | 2.72 | 1.58 | 3.38 | 0.89 | 1.37 | 0.68 | 1.18 | 0.85 | 0.50 | 1.27 | 1.09 | 0.77 | 1.21 | 0.76 | 0.05 | 0.26 | 0.14 | 0.02 |
| Weighted Avg Shares Out | 79.48M | 90.56M | 93.86M | 92.06M | 91.14M | 90.35M | 88.98M | 84.79M | 78.94M | 74.43M | 65.54M | 61.26M | 59.48M | 58.51M | 56.14M | 53.75M | 56.76M | 56.24M | 39.33M | 38.16M | 16.41M | 16.33M | 17.44M | 16.50M | 14.37M | 14.65M |
| Weighted Avg Shares Out (Dil) | 80.95M | 91.54M | 94.49M | 92.39M | 91.78M | 91.42M | 90.31M | 85.61M | 80.96M | 79.89M | 75.04M | 65.68M | 63.62M | 64.58M | 58.92M | 56.62M | 59.85M | 60.42M | 42.56M | 42.01M | 19.14M | 18.69M | 18.45M | 18.40M | 17.45M | 14.65M |
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NEW YORK , May 1, 2024 /PRNewswire/ -- IAC Inc. (NASD: IAC) will replace American Equity Investment Life Holding Company (NYSE: AEL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 6. Brookfield Reinsurance...
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WEST DES MOINES, Iowa--(BUSINESS WIRE)--Brookfield Reinsurance and AEL Announce Expected Closing Date for Brookfield Reinsurance's Acquisition of AEL.
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WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities, today reported strong fourth quarter 2023 results. Sales of fixed index annuities remained strong supported by the company's continued emphasis on...
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WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), which is represented by depositary...
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