Aegon Ltd. (AEG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AEG SEC filings page.
This page shows Aegon Ltd. (AEG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Aegon Ltd. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Aegon Ltd. passes 4 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
Key Financial Metrics
Earnings & Revenue
Aegon Ltd. reported $1.1B in net income in fiscal year 2025. This represents an increase of 61.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Aegon Ltd. generated $461.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 37.3% from the prior year.
Aegon Ltd. held $3.2B in cash against $2.3B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Aegon Ltd.'s ROE was 10.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.9 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Aegon Ltd. invested $48.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 8.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
AEG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | $22.8B-4.4% | $23.9B-8.4% | $26.1B-17.6% | $31.7B-4.4% | $33.1B-16.4% | $39.6B+11.6% | $35.5B-3.5% | $36.8B |
| Operating Income | N/A | N/A | N/A | -$37.6B-234.4% | $28.0B+27.3% | $22.0B-44.7% | $39.7Bn/m | -$13.4B | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A | -$37.4B-227.7% | $29.3B+28.2% | $22.8B-44.3% | $41.1Bn/m | -$11.9B | N/A | N/A | N/A |
| Interest Expense | $103.3M-47.5% | $196.7M-2.3% | $201.3M+3.4% | $194.7M+164.7% | $73.6M-37.3% | $117.4M-58.5% | $282.9M-17.7% | $343.7M+1.0% | $340.2M+53.5% | $221.6M-15.0% | $260.6M |
| Income Tax | $76.3Mn/m | -$16.6Mn/m | -$231.2M-404.4% | $76.0M-29.4% | $107.5Mn/m | -$410.9M-268.7% | $243.6M+445.3% | $44.7M-42.8% | $78.1M-56.9% | $181.5Mn/m | -$90.1M |
| Net Income | $1.1B+61.0% | $712.1Mn/m | -$198.0Mn/m | -$609.8M-127.2% | $2.2Bn/m | -$178.6M-112.9% | $1.4B+71.4% | $808.8M-72.8% | $3.0B+543.7% | $461.1Mn/m | -$469.1M |
| EPS (Basic) | $0.69+80.8% | $0.38n/m | -$0.13n/m | -$0.32-130.2% | $1.06n/m | -$0.11-117.5% | $0.63+89.3% | $0.33-75.8% | $1.37+765.8% | $0.16 | -$0.29 |
| EPS (Diluted) | N/A | $0.38n/m | -$0.13n/m | -$0.32-130.2% | $1.06n/m | -$0.11-117.5% | $0.63+89.3% | $0.33-75.8% | $1.37+765.8% | $0.16 | -$0.29 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Diluted Shares (Avg).
AEG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $372.3B+9.9% | $338.9B+1.6% | $333.6B-18.1% | $407.3B-23.1% | $530.0B-2.4% | $542.8B+9.9% | $493.7B+9.8% | $449.8B-5.5% | $476.0B+6.0% | $448.9B | N/A |
| Cash & Equivalents | $3.2B-10.7% | $3.6B-20.3% | $4.5B-50.4% | $9.1B+16.4% | $7.8B-23.8% | $10.2B-25.6% | $13.8B+37.4% | $10.0B-22.6% | $12.9B+8.1% | $12.0B+14.9% | $10.4B |
| Goodwill | $367.3M+2.9% | $357.1M+10.9% | $321.9M-4.8% | $338.1M-23.6% | $442.5M-3.5% | $458.6M+4.2% | $440.1M0.0% | $439.9M+24.9% | $352.2M+13.5% | $310.2M-85.0% | $2.1B |
| Total Liabilities | $361.2B+9.7% | $329.2B+1.9% | $323.0B-18.3% | $395.6B-20.9% | $500.1B-2.4% | $512.6B+9.9% | $466.3B+10.0% | $424.0B-5.2% | $447.0B+5.6% | $423.2B | N/A |
| Long-Term Debt | $2.3B-25.4% | $3.1B+19.7% | $2.6B-16.0% | $3.1B-69.0% | $10.0B+8.0% | $9.3B+90.2% | $4.9B-60.2% | $12.2B-14.8% | $14.4B+20.9% | $11.9B | N/A |
| Total Equity | $11.0B+16.1% | $9.5B-8.8% | $10.4B-9.4% | $11.5B-61.2% | $29.6B-1.5% | $30.1B+9.7% | $27.4B+6.2% | $25.8B-10.9% | $29.0B+12.8% | $25.7B-10.0% | $28.5B |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Retained Earnings.
AEG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $509.3M-35.4% | $788.7M-17.5% | $955.8M-66.6% | $2.9Bn/m | -$2.0Bn/m | -$3.5B-142.6% | $8.2B+1284.1% | $592.3M-10.9% | $664.8M-81.0% | $3.5B+252.9% | $992.5M |
| Depreciation & Amortization | N/A | N/A | -$180.3M-199.7% | $180.8M-86.3% | $1.3B+49.6% | $883.0M-33.6% | $1.3B-11.8% | $1.5B+60.4% | $938.9M-26.3% | $1.3B-22.7% | $1.6B |
| Capital Expenditures | $48.1M-8.9% | $52.8M-26.6% | $71.9M-6.7% | $77.0M-10.5% | $86.0M-12.1% | $97.8M-14.6% | $114.5M+23.4% | $92.8M+7.2% | $86.6M+18.9% | $72.8M-25.5% | $97.7M |
| Free Cash Flow | $461.2M-37.3% | $736.0M-16.7% | $883.9M-68.2% | $2.8Bn/m | -$2.1Bn/m | -$3.6B-144.4% | $8.1B+1518.4% | $499.5M-13.6% | $578.3M-83.1% | $3.4B+283.3% | $894.8M |
| Investing Cash Flow | $1.2B+281.7% | $310.5Mn/m | -$2.2B-381.6% | $784.2Mn/m | -$61.1Mn/m | -$170.0Mn/m | -$96.6Mn/m | -$501.8Mn/m | -$1.4Bn/m | -$1.1B-270.3% | $667.8M |
| Financing Cash Flow | -$2.4Bn/m | -$1.8Bn/m | -$3.6Bn/m | -$2.0B-677.8% | $339.5Mn/m | -$951.5Mn/m | -$4.2Bn/m | -$2.7B-539.7% | $623.9Mn/m | -$490.7Mn/m | -$3.0B |
| Dividends Paid | $699.5M+29.7% | $539.3M-1.3% | $546.5M+205.9% | $178.7M+30.5% | $136.9M+77.7% | $77.0M-77.8% | $346.9M-7.7% | $375.8M+6.3% | $353.4M+9.5% | $322.9M+1.8% | $317.1M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
AEG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | N/A | N/A | -164.7% | 117.2% | 84.3% | 125.5% | -40.5% | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | -2.7%-12.1pp | 9.4%+10.1pp | -0.7%-5.1pp | 4.4%+1.9pp | 2.4%-5.0pp | 7.5%+6.2pp | 1.3%+2.6pp | -1.3% |
| Return on Equity | 10.4%+2.9pp | 7.5%+9.4pp | -1.9%+3.4pp | -5.3%-12.9pp | 7.6%+8.2pp | -0.6%-5.7pp | 5.1%+1.9pp | 3.1%-7.1pp | 10.3%+8.4pp | 1.8%+3.5pp | -1.7% |
| Return on Assets | 0.3%+0.1pp | 0.2%+0.3pp | -0.1%+0.1pp | -0.1%-0.6pp | 0.4%+0.4pp | 0.0%-0.3pp | 0.3%+0.1pp | 0.2%-0.4pp | 0.6%+0.5pp | 0.1% | N/A |
| Debt-to-Equity | 0.21-0.1x | 0.33+0.1x | 0.250.0x | 0.27-0.1x | 0.340.0x | 0.31+0.1x | 0.18-0.3x | 0.470.0x | 0.500.0x | 0.46 | N/A |
| Liabilities-to-Equity | 32.70-1.9x | 34.62+3.6x | 30.98-3.4x | 34.37+17.5x | 16.88-0.2x | 17.050.0x | 17.01+0.6x | 16.43+1.0x | 15.44-1.1x | 16.49 | N/A |
| Asset Turnover | N/A | N/A | N/A | 0.060.0x | 0.040.0x | 0.050.0x | 0.060.0x | 0.070.0x | 0.080.0x | 0.08 | N/A |
| FCF Margin | N/A | N/A | N/A | 12.2%+21.1pp | -8.9%+4.9pp | -13.8%-39.3pp | 25.5%+24.0pp | 1.5%+0.1pp | 1.5%-8.2pp | 9.7%+7.2pp | 2.4% |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Aegon Ltd. AEG | FY2025 | N/A | $1.1B | N/A | $12.2B | — |
| Brookfield Wealth Solutions Ltd. BNT | FY2025 | $11.6B | $766.0M | 6.6% | $10.5B | 22/100 |
| Arch Capital Group Ltd ACGL | FY2025 | $19.9B | $4.4B | 22.1% | $35.0B | 72/100 |
| Sun Life Financial Inc. SLF | FY2025 | $30.6B | $2.6B | 8.5% | $44.9B | 54/100 |
| American International Group, Inc. AIG | FY2025 | $26.8B | $3.1B | 11.6% | $43.4B | 53/100 |
| CNA Financial Corporation CNA | FY2025 | $15.0B | $1.3B | 8.5% | $13.4B | 42/100 |
Where Aegon Ltd. Ranks
Frequently Asked Questions
Is Aegon Ltd. profitable?
Yes, Aegon Ltd. (AEG) reported a net income of $1.1B in fiscal year 2025.
How much debt does Aegon Ltd. have?
As of fiscal year 2025, Aegon Ltd. (AEG) had $3.2B in cash and equivalents against $2.3B in long-term debt.
What is Aegon Ltd.'s return on equity (ROE)?
Aegon Ltd. (AEG) has a return on equity of 10.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Aegon Ltd.'s free cash flow?
Aegon Ltd. (AEG) generated $461.2M in free cash flow during fiscal year 2025. This represents a -37.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Aegon Ltd.'s operating cash flow?
Aegon Ltd. (AEG) generated $509.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Aegon Ltd.'s total assets?
Aegon Ltd. (AEG) had $372.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Aegon Ltd.'s capital expenditures?
Aegon Ltd. (AEG) invested $48.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Aegon Ltd.'s debt-to-equity ratio?
Aegon Ltd. (AEG) had a debt-to-equity ratio of 0.21 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Aegon Ltd.'s liabilities-to-equity ratio?
Aegon Ltd. (AEG) had a liabilities-to-equity ratio of 32.70 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Aegon Ltd.'s return on assets (ROA)?
Aegon Ltd. (AEG) had a return on assets of 0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Aegon Ltd.'s P/E ratio?
Aegon Ltd. (AEG) trades at 10.6x earnings, its market capitalization divided by $1.1B net income, FY2025. The market capitalization is $12.2B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Aegon Ltd.'s price-to-sales ratio?
Aegon Ltd. (AEG) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $12.2B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Aegon Ltd.'s Piotroski F-Score?
Aegon Ltd. (AEG) has a Piotroski F-Score of 4 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.