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American International Group, Inc. (AIG) Financials

AIG
Trailing 12 months to June 30, 2026
Revenue $26.6B -4.2% YoY
Net Income $3.0B -7.3% YoY
EPS (Diluted) $5.47 +2.1% YoY
Operating Cash Flow $3.9B +21.9% YoY
Market Cap $40.3B as of Oct 10, 2026
Price / Sales 1.5x on $26.6B revenue, trailing 12 months to June 30, 2026
Price / Earnings 13.6x on $3.0B net income, trailing 12 months to June 30, 2026
Price / Book 1.0x on $40.6B equity, Q2 FY2026

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 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AIG SEC filings page.

American International Group, Inc. (AIG) reported $26.6B in revenue over the twelve months to Jun 30, 2026, down 4.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI AIG FY2025

AIG’s 2025 rebound restored profit and aligned earnings with cash, but its balance sheet remains dominated by obligations rather than borrowing.

The 2024 net loss of $1.4B occurred alongside operating cash flow of $3.3B, showing that reported earnings were temporarily pulled down by items that did not consume equivalent cash. In FY2025, net income recovered to $3.1B while operating cash flow was $3.3B, a much tighter match that supports better earnings quality for that year.

Reported total assets dropped from $539.3B in FY2023 to $161.3B in FY2024 and stayed near that level, so comparisons across that break should be treated as changes in balance-sheet structure, not just business growth. At FY2025, total liabilities were about 2.9x equity, while debt-to-equity was only 0.2x; total obligations therefore matter more than borrowing alone in understanding its financial posture.

The share count fell from 814.8M shares in FY2021 to 536.6M shares in FY2025, meaning capital allocation materially changed each remaining share’s claim on the business. FY2025 buybacks of $5.8B exceeded dividends of $976M, making repurchases the larger direct channel for returning capital that year.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Loss Ratio PremiumGrowth Capital Investment Yield CombinedRatio Stability 35 / 100
Financial Health Score 35/100
Scored as: Insurers peer group

Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of American International Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Loss Ratio
59

Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. American International Group, Inc. scores 59/100 on it among other insurers.

Premium Growth
0

Not available for American International Group, Inc., and counted as zero in the overall score.

Capital
54

American International Group, Inc. funded 25.5% of its assets with shareholders' equity at the end of fiscal year 2025, holding $41.1B of equity against $161.3B of assets. Capital ranks insurers on that cushion, and American International Group, Inc. scores 54/100 among other insurers.

Investment Yield
0

Not available for American International Group, Inc., and counted as zero in the overall score.

Combined Ratio
58

Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. American International Group, Inc. scores 58/100 on it among other insurers.

Stability
41

American International Group, Inc. reported net income of $3.1B in fiscal year 2025, against a loss of $1.4B in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and American International Group, Inc. scores 41/100 among other insurers.

Piotroski F-Score Partial
5/7

American International Group, Inc. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.07x

For every $1 of reported earnings, American International Group, Inc. generates $1.07 in operating cash flow ($3.3B OCF vs $3.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$7.1B
YoY-0.1%
QoQ+6.5%

American International Group, Inc. generated $7.1B in revenue in Q2 2026. This represents a decrease of 0.1% from the same quarter a year earlier. Against the prior quarter it is up 6.5%.

Net Income
$948.0M
YoY-17.1%
QoQ+24.2%

American International Group, Inc. reported $948.0M in net income in Q2 2026. This represents a decrease of 17.1% from the same quarter a year earlier. Against the prior quarter it is up 24.2%.

EPS (Diluted)
$1.78
YoY-10.1%
QoQ+26.2%
5Y CAGR+74.5%
10Y CAGR+0.6%

American International Group, Inc. earned $1.78 per diluted share (EPS) in Q2 2026. This represents a decrease of 10.1% from the same quarter a year earlier. Against the prior quarter it is up 26.2%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$1.6B
YoY-15.0%
QoQ+2.4%
5Y CAGR-12.6%
10Y CAGR-1.3%

American International Group, Inc. held $1.6B in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share
$0.50
YoY+11.1%
QoQ+11.1%

American International Group, Inc. paid $0.50 per share in dividends in Q2 2026. This represents an increase of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 11.1%.

Shares Outstanding
523M
YoY-5.6%
QoQ-1.4%
5Y CAGR-9.4%
10Y CAGR-6.9%

American International Group, Inc. had 523M shares outstanding in Q2 2026. This represents a decrease of 5.6% from the same quarter a year earlier. Against the prior quarter it is down 1.4%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Net Margin
13.4%
YoY-2.7pp
QoQ+1.9pp

American International Group, Inc.'s net profit margin was 13.4% in Q2 2026, showing the share of revenue converted to profit. This is down 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.

Return on Equity
2.3%
YoY-0.4pp
QoQ+0.4pp

American International Group, Inc.'s ROE was 2.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks
$645.0M
YoY-63.7%
QoQ+27.0%
5Y CAGR+22.9%
10Y CAGR-13.5%

American International Group, Inc. spent $645.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 63.7% from the same quarter a year earlier. Against the prior quarter it is up 27.0%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

AIG 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.

AIG quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$7.1B-0.1%$6.7B-2.0%$6.5B-8.7%$6.4B-5.9%$7.1B+8.1%$6.8B+0.3%$7.2B+10.0%$6.8B-7.1%
SG&A Expenses$1.2B+5.9%$1.1B+2.0%$1.5B$1.3B-3.6%$1.2B-27.8%$1.1B-9.9%N/A$1.3B+2.7%
Interest Expense$100.0M0.0%$100.0M+8.7%$105.0M$99.0M-11.6%$100.0M-20.0%$92.0M-20.7%N/A$112.0M-18.8%
Income Tax$316.0M-21.0%$224.0M-14.5%-$70.0M$190.0M+13.1%$400.0M+181.7%$262.0M+0.4%N/A$168.0M-57.9%
Net Income$948.0M-17.1%$763.0M+9.3%$735.0M-18.2%$519.0M+13.1%$1.1B+128.8%$698.0M-42.6%$898.0M+865.6%$459.0M-77.4%
EPS (Basic)$1.79-10.5%$1.42+20.3%$1.36-11.1%$0.94+30.6%$2.00+133.2%$1.18-32.6%$1.53+25.4%$0.72-74.6%
EPS (Diluted)$1.78-10.1%$1.41+21.6%$1.35-10.6%$0.93+31.0%$1.98+133.2%$1.16-33.3%$1.51$0.71-74.7%
Diluted Shares (Avg)534M-7.7%542M-9.5%N/A559M-13.7%578M-13.3%599M-12.9%627M647M-9.9%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

AIG 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.

AIG quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$163.5B-1.5%$161.5B-0.2%$161.3B0.0%$163.4B-3.6%$166.0B-1.1%$161.9B-70.3%$161.3B-70.1%$169.4B-67.5%
Cash & Equivalents$1.6B-15.0%$1.5B+8.5%$1.3B-2.0%$1.6B+2.2%$1.8B+31.3%$1.4B-2.0%$1.4B-12.8%$1.6B+7.4%
Short-Term Investments$9.1B-10.3%$8.2B-22.7%$11.1B-23.0%$9.4B-20.5%$10.1B-19.6%$10.6B-29.7%$14.5B+12.4%$11.8B-9.2%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$3.4B-0.9%$3.4B+0.6%$3.4B+1.8%$3.4B-0.4%$3.5B+1.4%$3.4B$3.4B-1.4%$3.5B
Total Liabilities$122.8B-1.3%$121.1B+0.6%$120.1B+1.1%$122.3B-1.7%$124.4B+0.8%$120.4B-75.7%$118.8B-75.7%$124.4B-74.0%
Long-Term DebtN/AN/A$9.2B+3.0%N/AN/AN/A$8.9B-15.9%N/A
Total Equity$40.6B-2.2%$40.4B-2.5%$41.1B-3.3%$41.1B-8.8%$41.5B-6.6%$41.4B-4.5%$42.5B-6.2%$45.0B+12.6%
Retained Earnings$38.4B+5.4%$37.7B+6.1%$37.2B+6.0%$36.7B+6.6%$36.4B+6.4%$35.5B-7.6%$35.1B-6.5%$34.4B-8.6%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

AIG 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.

AIG quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$1.7B+23.4%$155.0M+376.8%$636.0M+408.8%$1.3B-21.0%$1.4B+49.9%-$56.0M-110.7%$125.0M-92.3%$1.7B-51.6%
Depreciation & Amortization$939.0M+6.3%$849.0M-2.0%$875.0M-11.6%$831.0M-2.9%$883.0M-1.9%$866.0M+1.8%$990.0M+4.4%$856.0M-1.5%
Investing Cash Flow-$752.0M-233.3%$833.0M-69.7%-$69.0M-102.6%-$56.0M-117.8%$564.0M+135.2%$2.8B+799.0%$2.7B+190.0%$315.0M+109.2%
Financing Cash Flow-$920.0M+40.1%-$799.0M+70.2%-$799.0M+73.4%-$1.5B+19.8%-$1.5B-254.1%-$2.7B-134.0%-$3.0B-394.2%-$1.9B-1441.1%
Dividends Paid$263.0M+3.5%$241.0M+3.0%$242.0M-0.8%$246.0M-3.1%$254.0M-2.7%$234.0M-3.7%$244.0M-2.0%$254.0M0.0%
Share Buybacks$645.0M-63.7%$508.0M-77.2%$584.0M-67.9%$1.2B-17.3%$1.8B+5.5%$2.2B+35.9%$1.8B+76.2%$1.5B+85.8%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

AIG 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.

AIG quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Net Margin13.4%-2.7pp11.5%+1.2pp11.2%-1.3pp8.2%+1.4pp16.1%+76.8pp10.3%-7.7pp12.5%+11.1pp6.8%-21.1pp
Return on Equity2.3%-0.4pp1.9%+0.2pp1.8%-0.3pp1.3%+0.2pp2.8%+11.7pp1.7%-1.1pp2.1%+1.9pp1.0%-4.0pp
Return on Assets0.6%-0.1pp0.5%0.0pp0.5%-0.1pp0.3%+0.1pp0.7%+3.1pp0.4%+0.2pp0.6%+0.5pp0.3%-0.1pp
Debt-to-Equity3.030.0x3.00+0.1x0.220.0x2.98+0.2x3.00+0.2x2.91-8.5x0.210.0x2.76-9.2x
Asset Turnover0.040.0x0.040.0x0.040.0x0.040.0x0.040.0x0.040.0x0.040.0x0.040.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF 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
American International Group, Inc. AIG FY2025 $26.8B $3.1B 11.6% $40.3B 35/100
Arch Capital Group Ltd ACGL FY2025 $19.9B $4.4B 22.1% $32.6B 60/100
Brookfield Wealth Solutions Ltd. BNT FY2025 $11.6B $863.0M 7.4% $11.0B 15/100
MetLife, Inc. MET FY2025 $77.1B $3.2B 4.1% $62.5B 17/100

Frequently Asked Questions

What is American International Group, Inc.'s annual revenue?

American International Group, Inc. (AIG) reported $26.8B in total revenue for fiscal year 2025. This represents a -1.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is American International Group, Inc.'s revenue growing?

American International Group, Inc. (AIG) revenue declined by 1.7% year-over-year, from $27.3B to $26.8B in fiscal year 2025.

Is American International Group, Inc. profitable?

Yes, American International Group, Inc. (AIG) reported a net income of $3.1B in fiscal year 2025, with a net profit margin of 11.6%.

American International Group, Inc. (AIG) reported diluted earnings per share of $5.43 for fiscal year 2025. This represents a 350.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, American International Group, Inc. (AIG) had $1.3B in cash and equivalents against $9.2B in long-term debt.

American International Group, Inc. (AIG) had a net profit margin of 11.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, American International Group, Inc. (AIG) paid $1.75 per share in dividends during fiscal year 2025.

American International Group, Inc. (AIG) has a return on equity of 7.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

American International Group, Inc. (AIG) generated $3.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

American International Group, Inc. (AIG) had $161.3B in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, American International Group, Inc. (AIG) spent $5.8B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

American International Group, Inc. (AIG) had 537M shares outstanding as of fiscal year 2025.

American International Group, Inc. (AIG) had a debt-to-equity ratio of 0.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

American International Group, Inc. (AIG) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

American International Group, Inc. (AIG) trades at 13.6x earnings, its market capitalization divided by net income of $3.0B net income, trailing 12 months to June 30, 2026. The market capitalization is $40.3B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

American International Group, Inc. (AIG) trades at 1.5x sales, its market capitalization divided by revenue of $26.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $40.3B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

American International Group, Inc. (AIG) has a Piotroski F-Score of 5 out of 7 computable signals; 2 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.

American International Group, Inc. (AIG) has an earnings quality ratio of 1.07x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

American International Group, Inc. (AIG) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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