American Equity Investment Life Holding Company (AEL) — Financial statements
Income statement, balance sheet, and cash flow for American Equity Investment Life Holding Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,583↓30.7% | 9,503↑501.6% | 1,580↓56.0% | 3,592↓9.6% | 3,974 | |
| Cost of Revenue | 2,278 | 0.00↓100.0% | 302↑25.9% | 240↓1.7% | 244 | |
| Gross Profit | 61↓99.4% | 9,503↑583.3% | 1,391↓60.6% | 3,527↓5.5% | 3,730 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 207↑28.0% | 162↑16.5% | 139 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00↓100.0% | 207↑28.0% | 162↑16.5% | 139 | |
| Other Expenses | 647↓26.5% | 880 | 0.00↓100.0% | 547↑114.2% | -3,842 | |
| Operating Expenses | 647↓26.5% | 880↑324.2% | 207↓70.7% | 709↑119.2% | -3,703 | |
| Total Costs & Expenses | 2,553 | 0.00↓100.0% | 1,282↑10.6% | 1,160↓64.5% | 3,271 | |
| Operating Results | ||||||
| Operating Income | -214↓102.5% | 8,623↑628.7% | 1,183 | 0.00 | 0.00 | |
| Depreciation & Amortization | 714 | 0.00↓100.0% | 9↓39.0% | 14↑156.6% | 6 | |
| EBITDA | 500 | 0.00↓100.0% | 1,540↓77.1% | 6,739↓3.5% | 6,985 | |
| EBIT | 27 | 0.00↓100.0% | 1,532↓77.2% | 6,725↓3.6% | 6,980 | |
| Interest & Other Income | ||||||
| Net Interest Income | -140↑15.2% | -165↓222.0% | -51↑94.1% | -870↑67.6% | -2,681 | |
| Interest Income | 0.00 | 0.00 | 0.00↓100.0% | 57↑84.6% | 31 | |
| Interest Expense | 140↓15.2% | 165↑222.0% | 51↓94.5% | 927↓65.8% | 2,712 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -348↑89.6% | -3,359↓1.3% | -3,315 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00↓100.0% | 2,432↑303.4% | 603 | |
| Income Before Tax | 271↓46.9% | 510↑72.5% | 296↓87.8% | 2,432↑303.4% | 603 | |
| Income Tax Expense | 102↑160.0% | -170↓299.7% | 85↓83.3% | 511↑241.3% | 150 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 169↓75.7% | 696↑230.6% | 211↓82.8% | 1,221↑120.8% | 553 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 156↓77.6% | 696↑230.6% | 211↓82.8% | 1,221↑120.8% | 553 | |
| Bottom-Line Net Income | 143↓79.5% | 696↑230.6% | 211↓82.8% | 1,221↑120.8% | 553 | |
| EPS (Basic) | 1.80↓79.5% | 8.80↑319.0% | 2.10↓89.9% | 20.72↑281.6% | 5.43 | |
| EPS (Diluted) | 1.78↓79.4% | 8.66↑320.4% | 2.06↓90.0% | 20.50↑280.3% | 5.39 | |
| Weighted Average Shares | 0.00↓100.0% | 79↓0.5% | 79↓12.2% | 91↓3.5% | 94 | |
| Weighted Average Diluted Shares | 0.00↓100.0% | 80↓0.7% | 81↓11.6% | 92↓3.1% | 94 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.