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AEL - American Equity Investment Life Holding Company

NYSE -> Financial Services -> Insurance—Life
West Des Moines, United States
Type: Equity

AEL price evolution
AEL
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $9772.59 $10188.44 $5000.66 $2777.85
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment
Goodwill & intangible assets
Total noncurrent assets
Total investments $48227.02 $44587.11 $51518.77 $51418.34
Total assets $79918.3 $76712.9 $77645.43 $74495.73
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities
Long term debt $864.55 $866 $867.68 $869.25
Total noncurrent liabilities
Total debt $864.55 $866.12 $867.68 $869.25
Total liabilities $76895.04 $74636.35 $75050.38 $71866.92
Shareholders' equity
Retained earnings $4852.45 $5328.36 $4863.12 $4518.68
Other shareholder equity -$2979.66 -$4425.69 -$3425.25 -$3036.43
Total shareholder equity $3023.26 $2053.58 $2571.91 $2605.49
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $9772.59 $1919.67 $4508.98 $9095.52
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment
Goodwill & intangible assets
Total noncurrent assets
Total investments $48227.02 $51325.3 $60376.5 $53605.41
Total assets $79918.3 $73926.14 $78349.11 $71389.67
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities
Long term debt $864.55 $870.83 $574.67 $573.78
Total noncurrent liabilities
Total debt $864.55 $870.83 $574.67 $573.78
Total liabilities $76895.04 $70756.92 $72025.98 $64814.96
Shareholders' equity
Retained earnings $4852.45 $3914.12 $2767.42 $2368.55
Other shareholder equity -$2979.66 -$2155.05 $1848.79 $2429.28
Total shareholder equity $3023.26 $3169.22 $6323.13 $6574.72
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $813.13 $266.65 $851.64 $662.55
Cost of revenue -$100.23 -$16.61 $248.81
Gross Profit $366.89 $868.25 $413.74
Operating activities
Research & development
Selling, general & administrative $70.56 $68.48 $68.23
Total operating expenses $394.62 $195.54 $191.12 $188.84
Operating income $171.34 $677.13 $224.9
Income from continuing operations
EBIT $623.19 $463.58 -$179.65
Income tax expense -$108.2 $133.69 $95.65 -$36.01
Interest expense -$990.16 $13.34 $12.56 $12.35
Net income
Net income -$475.91 $476.16 $355.36 -$155.99
Income (for common shares) $465.24 $344.44 -$166.91
(in millions $) 31 Jan 2024 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $2850.52 $1415.5 $3689.47 $2424.65
Cost of revenue $920.75 $2749.39 $1593.01
Gross Profit $494.75 $940.08 $831.64
Operating activities
Research & development
Selling, general & administrative $615.3 $268.33 $649.55
Total operating expenses $1358.64 $1263.46 $664.73 $1271.35
Operating income -$768.71 $275.35 -$439.72
Income from continuing operations
EBIT $1583.53 $633.65 $847.07
Income tax expense $85.13 $325.15 $128.75 $144.5
Interest expense -$1194.82 $37.43 $30.91 $31.11
Net income
Net income $166.85 $1220.94 $473.99 $671.46
Income (for common shares) $1177.27 $430.32 $637.95
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income -$465 $476.16 $355.36 -$155.99
Operating activities
Depreciation $2.59 $2.15 $0.9 $3.02
Business acquisitions & disposals
Stock-based compensation -$1.84 $10.26 $10.97 $9.9
Total cash flows from operations $910.21 -$217.89 $2382.45 $865.04
Investing activities
Capital expenditures -$71.52 -$50.99 -$120.04 -$125.1
Investments -$1228.29 $5342.53 $39.17 $1135.29
Total cash flows from investing -$1299.81 $5213.13 -$223.2 $804.5
Financing activities
Dividends paid
Sale and purchase of stock $1.4 $6.61 -$0.17 -$296.82
Net borrowings $157.76 $49.15 $18.5 -$56.81
Total cash flows from financing -$26.25 $192.54 $63.55 -$811.36
Effect of exchange rate
Change in cash and equivalents -$415.85 $5187.78 $2222.8 $858.18
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $210.53 $1220.94 $473.99 $671.46
Operating activities
Depreciation $8.65 $14.19 $5.53 $5.2
Business acquisitions & disposals
Stock-based compensation $29.3 $15.83 $24.6 $10.21
Total cash flows from operations $3939.81 $2044.18 $4233.16 $1304.99
Investing activities
Capital expenditures -$367.65 -$765.45 -$353.88 -$13.24
Investments $4862.28 -$1483.29 -$7383.33 $5017.66
Total cash flows from investing $4494.63 -$2454.91 -$6224.31 $5134.6
Financing activities
Dividends paid -$30.57 -$31.45 -$28.86
Sale and purchase of stock -$288.98 -$312.59 -$94.56 $172.97
Net borrowings $168.6 $336.15 -$3.21 -$77.84
Total cash flows from financing -$581.52 -$2178.58 -$2595.4 $362.54
Effect of exchange rate
Change in cash and equivalents $7852.92 -$2589.31 -$4586.54 $6802.13
Fundamentals
Market cap $4.44B
Enterprise value -$4.47B
Shares outstanding 79.05M
Revenue $2.59B
EBITDA N/A
EBIT N/A
Net Income $199.61M
Revenue Q/Q 24.25%
Revenue Y/Y 83.25%
P/E ratio 22.26
EV/Sales -1.72
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.71
P/B ratio 0.74
Book/Share 75.94
Cash/Share 123.62
EPS $2.53
ROA 0.26%
ROE 7.79%
Debt/Equity 25.43
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A