American International Group, Inc.

Fire, Marine & Casualty Insurance

AIGMixed8 of 11 basics passed

$77.04

-0.01%

Market cap $40.3B

$77.04

-0.01%

Market cap $40.3B

American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance.

It is a $40.3B financial services company. Revenue shrank 4.2% over the last year, and it keeps 11¢ of every dollar of sales as profit. It trades at 13.6× earnings — in the most expensive third of its own history.

Website: aig.com
Location: New York, NY
Employees: 22 100
Sector: Financial Services

Share price · 3 years

$61.17 → $77.04+25.9%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $26.6B
Profit: keeps 11¢ of every $1 sold; $2.96B
Free cash flow: cash left after running the business; $3.85B
Net cash: more cash than debt; $1.95B
P/E: years of profit in the price; 13.6
EPS: earnings per share, TTM; $5.20
Dividend: pays out 33% of profit · 26% of FCF; 2.46%
Shares: down 48% since 2016 — buybacks; 570.3M
Volatility: beta vs the market — under 1 swings less; 0.51

Revenue, last 10 years

52-week range

Low $71.89$77.04High $86.59

Today's price is 35% of the way from the year's low to its high.

P/E vs its history5y

13.6×median 10.6×

Higher than 81% of past days — in the most expensive third of its own history.

Valuation vs own history

P/E

13.6×

19%

P/S

1.5×

36%

EV/EBITDA

12.0×

39%

P/B

1.0×

71%

Share of the last ~5 years that was pricier than today (in line with its own history). Based on the daily valuation record.

Standing in Financial Services

Size$40.3Btop 35%
Revenue growth-21%top 99%
Net margin11%top 69%
Return on equity7%top 80%
P/E13.6×top 46%
Dividend yield2.46%top 37%

Ranked against 129 Financial Services companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong valuation; Growth and Moat lag behind.

Valuation75

P/E vs own history81th pct · 0/25
FCF yield9.6% · 25/25
P/S1.5x · 25/25
EV/EBITDA6.4x · 25/25

Growth25

Revenue CAGR-15.3% · 0/25
Net income CAGR-24.2% · 0/25
EPS CAGR ~5Yn/a · 0/25
Fwd implied growth55.3% · 25/25

Profitability57

ROIC8.7% · 12/25
ROE7.3% · 5/25
Net margin11.1% · 20/25
Operating margin15.1% · 20/25

Health53

Altman Z0.47 · 3/25
Current ratio0.04 · 0/25
Interest coverage10.8x · 25/25
Net cash / debtNet cash · 25/25

Quality52

Piotroski F5/9 · 15/25
Beneish M-2.52 · 25/25
FCF conversionn/a · 0/25
Margin stabilityσ 12.1% · 12/25

Moat0

ROIC >12% years0/10 yrs · 0/25
Median gross marginn/a · 0/25
FCF-positive yearsn/a · 0/25
Worst-year net marginworst -13.6% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2023Financial
Became debt-free
cash now exceeds total debt
FY2022Financial
Best year on record
$10.3B net income
FY2020Financial
Positive free cash flow every year since
6-year streak
FY2019Financial
Turned profitable
$3.35B net income after a loss year
FY2016Financial
Revenue already above $50B
$52.4B in first reported year

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$14 151 today — price return only

$26.8B revenue in FY2025

Positive free cash flow 6 years in a row

22 100 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Net cash position after subtracting debt from cash
Interest covered 10.8× by operating earnings

Watch-outs

Revenue shrinking 4.2% year over year
Altman Z-Score 0.47 — elevated financial-distress risk
Loss-making in 5 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 11 checks passed

Revenue growing — the company sells more than a year ago-4.2% YoY
Profitable — makes more than it spends$2.96B TTM
Profit growing — earnings are higher than last year-25.2% YoY
Generates cash — cash left after running and investing$3.85B TTM
Debt under control — could handle its obligationsmore cash than debt
Established company — not a micro-cap — lower blow-up risk$40.3B market cap
Not printing shares — share count not ballooning — you keep your slice-34.4% shares over ~5y
Proven track record — years of profitability behind it5/10 profitable years
Financially stable — balance sheet not near distressAltman Z 0.5 — distress
Pays a dividend — returns cash to shareholdersyield 2.46%
Valuation not extreme — price not wildly above earningsP/E 13.6

Peer comparisonAmerican International Group, Inc. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
AIG this company	$40.3B	13.6	-4.2%	11.1%	Mixed
BRK.A Berkshire Hathaway Inc.	$1.1T	11.6	+3.9%	22.3%	Mixed
BRK.B Berkshire Hathaway	$1.1T	11.6	+0.0%	18.0%	Strong
JPM JPMorgan Chase & Co.	$886.2B	13.6	+13.5%	32.6%	Strained
V VISA Inc.	$723.9B	31.9	+14.4%	50.8%	Solid
MA Mastercard Incorporated	$516.4B	31.7	+16.0%	46.3%	Mixed
BAC Bank of America Corporation	$380.4B	11.3	+15.9%	27.8%	Mixed

Head-to-head: AIG vs BRK.A · AIG vs BRK.B · AIG vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 3Buy 9Hold 16

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $26.6B · net income $2.96B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

RevenueNet income

Revenue (TTM)

$26.6B

YoY -4.2%

Net income (TTM)

$2.96B

Margin 11.1%

Operating margin

15.1%

P/E ratio

13.6

Dividend yield

2.46%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	43.7	52.1	56.4	46.8	27.3	26.8
Gross profit	—	—	—	—	—	—
Operating income (EBIT)	-7.3	12.1	5.0	3.9	3.9	3.9
Net income	-5.9	9.4	10.3	3.6	-1.4	3.1
EPS (diluted)	-6.84	10.85	13.04	5.02	-2.14	5.43

Cash flowFree cash flow $3.85B · operating cash flow $3.85B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$3.85B

Margin 14.5%

Operating cash flow (TTM)

$3.85B

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	1.0	6.3	4.2	6.2	3.3	3.3
Capital expenditure	—	—	—	—	—	—
Free cash flow	1.0	6.3	4.2	6.2	3.3	3.3
FCF margin	2.4%	12.1%	7.5%	13.3%	12.0%	12.4%

Balance sheetAssets $161B · net cash $1.95B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $161B of assets is financed

74%

26%

Liabilities $120B — borrowed moneyEquity $41.1B — owners' stake

Cash vs debt

Total debt $9.19B − cash $11.1B = net cash $1.95B

Cash on hand covers all debt.

Altman Z-Score

0.47

Distress zone

Debt repayment

Not needed

Cash already covers all debt

Interest coverage

10.8x

EBIT ÷ interest expense

ROE

7.3%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	18.2	13.4	12.4	17.2	14.5	11.1
Total assets	586.5	596.1	526.6	539.3	161.3	161.3
Total liabilities	519.3	527.2	484.4	488.0	118.8	120.1
Total debt	37.5	30.2	28.3	11.5	8.9	9.2
Equity	66.4	66.0	40.0	45.4	42.5	41.1
Net debt	19.3	16.8	15.9	-5.7	-5.5	-1.9

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of AIG on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $77.04 · market cap $40.3B.