American National Group Inc. - Understand $ang-pa stock

$ANG-PA Market Cap: $4.493 Billion

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Financial Snapshot

Revenue

$5.922B

TTM

Gross Margin

54.54%

TTM

Net Earnings

-$176.9M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$123.7B

Q3 2024

Total Liabilities

$113.7B

Q3 2024

Book Value

$9.982B

Q3 2024

Cash

$13.87B

Q3 2024

P/E

-25.40

Nov 11, 2024 EST

Free Cash Flow

$1.962B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$2.851B	$1.416B	$3.689B	$2.425B	$3.464B	$1.547B	$3.892B	$2.220B	$1.519B	$2.169B	$2.611B	$1.652B	$1.247B	$1.286B	$1.189B	$337.9M	$714.5M	$915.9M	$567.7M	$495.6M	$450.9M	$279.7M	$180.4M	$114.6M	$79.80M	$38.00M
YoY Change	101.38%	-61.63%	52.17%	-30.01%	123.93%	-60.25%	75.28%	46.17%	-29.97%	-16.92%	58.0%	32.56%	-3.04%	8.13%	251.85%	-52.71%	-21.99%	61.34%	14.55%	9.91%	61.21%	55.04%	57.42%	43.61%	110.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$2.851B	$1.416B	$3.689B	$2.425B	$3.464B	$1.547B	$3.892B	$2.220B	$1.519B	$2.169B	$2.611B	$1.652B	$1.247B	$1.286B	$1.189B	$337.9M	$714.5M	$915.9M	$567.7M	$495.6M	$450.9M	$279.7M	$180.4M	$114.6M	$79.80M	$38.00M
Cost Of Revenue					$35.42M	$39.53M	$43.22M	$52.48M	$45.46M	$41.82M	$53.07M	$81.48M	$115.3M	$8.251M	$8.889M
Gross Profit					$3.429B	$1.508B	$3.848B	$2.168B	$1.473B	$2.127B	$2.558B	$1.571B	$1.131B	$1.277B	$1.180B
Gross Profit Margin					98.98%	97.44%	98.89%	97.64%	97.01%	98.07%	97.97%	95.07%	90.75%	99.36%	99.25%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$279.7M	$615.3M	$268.3M	$649.6M	$87.72M	$328.0M	$256.0M	$374.0M	$286.1M	$163.6M	$365.5M	$164.9M	$143.5M	$136.4M	$88.01M	$133.5M	$63.40M	$96.70M	$70.10M	$69.30M	$48.80M	$35.10M	$24.00M	$9.500M	$12.20M	$4.700M
YoY Change	-54.54%	129.31%	-58.69%	640.51%	-73.26%	28.14%	-31.56%	30.72%	74.91%	-55.24%	121.6%	14.94%	5.2%	54.97%	-34.08%	110.57%	-34.44%	37.95%	1.15%	42.01%	39.03%	46.25%	152.63%	-22.13%	159.57%
% of Gross Profit					2.56%	21.76%	6.65%	17.25%	19.42%	7.69%	14.29%	10.5%	12.68%	10.68%	7.46%
Operating Expenses	$1.359B	$2.184B	$3.414B	$2.864B	$1.654B	$2.330B	$2.611B	$1.505B	$1.605B	$1.892B	$2.036B	$1.174B	$1.066B	$1.052B	$542.0M	$424.2M	$684.9M	$573.2M	$424.0M	$419.6M	$333.1M	$248.5M	$147.9M	$88.40M	$68.40M	$32.90M
YoY Change	-37.8%	-36.02%	19.19%	73.23%	-29.03%	-10.77%	73.46%	-6.22%	-15.16%	-7.09%	73.5%	10.06%	1.34%	94.15%	27.77%	-38.06%	19.49%	35.19%	1.05%	25.97%	34.04%	68.02%	67.31%	29.24%	107.9%
Operating Profit					$1.775B	-$822.3M	$1.237B	$662.4M	-$131.7M	$235.1M	$521.2M	$397.2M	$64.85M	$225.0M	$638.0M
YoY Change					-315.9%	-166.47%	86.78%	-602.88%	-156.04%	-54.9%	31.23%	512.5%	-71.19%	-64.73%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Interest Expense	-$1.195B	$2.315B	$327.4M	$1.256B	-$1.495B	$1.349B	-$964.2M	-$584.7M	$423.6M	-$80.80M	-$184.9M	-$328.8M	$59.60M	-$168.0M	-$560.7M	$163.3M	$8.500M	-$225.7M	-$72.80M	-$6.500M	-$78.50M	-$2.300M	-$23.00M	-$11.60M	-$8.300M	-$4.000M
YoY Change	-151.61%	607.14%	-73.93%	-183.98%	-210.89%	-239.86%	64.91%	-238.03%	-624.26%	-56.3%	-43.77%	-651.68%	-135.48%	-70.04%	-443.36%	1821.18%	-103.77%	210.03%	1020.0%	-91.72%	3313.04%	-90.0%	98.28%	39.76%	107.5%
% of Operating Profit					-84.22%		-77.93%	-88.27%		-34.37%	-35.47%	-82.78%	91.91%	-74.65%	-87.88%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Pretax Income	$297.1M	$1.546B	$602.7M	$816.0M	$315.6M	$565.7M	$316.3M	$130.2M	$337.3M	$196.1M	$389.3M	$85.99M	$132.9M	$65.27M	$86.16M	$77.10M	$38.10M	$116.9M	$70.90M	$69.50M	$39.30M	$29.00M	$9.500M	$14.60M	$3.100M	$1.000M
YoY Change	-80.79%	156.57%	-26.13%	158.57%	-44.22%	78.88%	142.82%	-61.39%	72.04%	-49.64%	352.77%	-35.3%	103.65%	-24.25%	11.76%	102.36%	-67.41%	64.88%	2.01%	76.84%	35.52%	205.26%	-34.93%	370.97%	210.0%
Income Tax	$85.13M	$325.2M	$128.8M	$144.5M	$69.48M	$107.7M	$141.6M	$47.00M	$117.5M	$70.04M	$136.0M	$28.19M	$46.67M	$22.33M	$17.63M	$61.10M	$11.90M	$41.40M	$25.40M	$40.60M	$13.50M	$7.300M	$300.0K	$2.400M	-$1.400M	$800.0K
% Of Pretax Income	28.66%	21.03%	21.36%	17.71%	22.02%	19.04%	44.78%	36.09%	34.83%	35.72%	34.94%	32.78%	35.11%	34.22%	20.47%	79.25%	31.23%	35.41%	35.83%	58.42%	34.35%	25.17%	3.16%	16.44%	-45.16%	80.0%
Net Earnings	$166.9M	$1.221B	$474.0M	$671.5M	$246.1M	$458.0M	$174.6M	$83.24M	$219.8M	$126.0M	$253.3M	$57.80M	$86.25M	$42.93M	$68.53M	$15.90M	$26.20M	$75.50M	$43.00M	$29.30M	$25.40M	$14.20M	$900.0K	$4.800M	$2.400M	$200.0K
YoY Change	-86.33%	157.59%	-29.41%	172.85%	-46.27%	162.26%	109.8%	-62.13%	74.44%	-50.24%	338.22%	-32.99%	100.89%	-37.35%	331.01%	-39.31%	-65.3%	75.58%	46.76%	15.35%	78.87%	1477.78%	-81.25%	100.0%	1100.0%
Net Earnings / Revenue	5.85%	86.26%	12.85%	27.69%	7.1%	29.6%	4.49%	3.75%	14.47%	5.81%	9.7%	3.5%	6.92%	3.34%	5.76%	4.71%	3.67%	8.24%	7.57%	5.91%	5.63%	5.08%	0.5%	4.19%	3.01%	0.53%
Basic Earnings Per Share	$2.10	$13.00	$4.58	$6.93	$2.70	$5.07	$1.96	$0.98	$2.78	$1.69	$3.86	$0.94	$1.45	$0.73	$1.22
Diluted Earnings Per Share	$2.06	$12.86	$4.55	$6.90	$2.68	$5.01	$1.93	$0.97	$2.72	$1.58	$3.38	$0.89	$1.37	$0.68	$1.18	$280.9K	$438.1K	$1.250M	$966.3K	$679.8K	$1.144M	$696.1K	$48.65K	$258.1K	$137.1K	$12.35K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$9.773B	$1.920B	$4.509B	$9.096B	$2.293B	$344.0M	$1.434B	$791.0M	$398.0M	$702.0M	$898.0M	$1.269B	$405.0M	$598.0M	$528.0M	$215.0M	$19.00M	$30.00M	$112.0M	$67.00M	$34.00M	$21.00M	$184.0M	$176.0M	$6.000M	$16.00M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets																					$2.000M	$21.00M	$30.00M	$48.00M	$19.00M	$1.000M
YoY Change																					-90.48%	-30.0%	-37.5%	152.63%	1800.0%
Property, Plant & Equipment																						$2.000M	$2.000M	$1.000M	$1.000M	$1.000M
YoY Change																						0.0%	100.0%	0.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$47.50B	$50.89B	$59.10B	$52.29B	$55.52B	$49.22B	$48.73B	$43.93B	$39.23B	$35.25B	$29.49B	$27.12B	$24.11B	$19.34B	$14.90B	$12.66B	$12.41B	$11.00B	$10.31B	$7.802B	$6.076B	$5.254B	$3.556B	$1.911B	$1.404B	$603.0M
YoY Change	-6.67%	-13.88%	13.01%	-5.81%	12.8%	1.01%	10.94%	11.96%	11.3%	19.53%	8.73%	12.49%	24.68%	29.82%	17.63%	2.07%	12.74%	6.76%	32.11%	28.41%	15.65%	47.75%	86.08%	36.11%	132.84%
Other Assets	$152.7M	$220.9M			$0.00	$291.0M	$38.00M	$169.0M	$233.0M	$0.00	$302.0M	$0.00	$22.00M	$143.0M	$86.00M	$82.00M	$76.00M	$74.00M	$92.00M	$56.00M	$59.00M	$51.00M	$51.00M	$36.00M	$43.00M	$8.000M
YoY Change	-30.89%				-100.0%	665.79%	-77.51%	-27.47%		-100.0%		-100.0%	-84.62%	66.28%	4.88%	7.89%	2.7%	-19.57%	64.29%	-5.08%	15.69%	0.0%	41.67%	-16.28%	437.5%
Total Long-Term Assets																					$8.961B	$7.307B	$4.362B	$2.480B	$1.699B	$682.0M
YoY Change																					22.64%	67.51%	75.89%	45.97%	149.12%
Total Assets	$79.92B	$73.93B	$78.35B	$71.69B	$69.70B	$61.63B	$62.03B	$56.05B	$49.03B	$43.99B	$39.62B	$35.13B	$30.88B	$26.43B	$21.31B	$17.08B	$16.39B	$14.99B	$14.04B	$11.09B	$8.963B	$7.328B	$4.392B	$2.528B	$1.718B	$683.0M
YoY Change
Accounts Payable																		$46.00M	$28.00M	$32.00M	$23.00M	$45.00M	$47.00M	$76.00M	$62.00M	$2.000M
YoY Change																		64.29%	-12.5%	39.13%	-48.89%	-4.26%	-38.16%	22.58%	3000.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities							$34.00M				$10.00M	$5.000M				$14.00M		$46.00M	$28.00M	$41.00M	$23.00M	$53.00M	$70.00M	$80.00M	$62.00M	$4.000M
YoY Change											100.0%							64.29%	-31.71%	78.26%	-56.6%	-24.29%	-12.5%	29.03%	1450.0%
Long-Term Debt	$864.6M	$870.8M	$574.7M	$574.0M	$652.0M	$738.0M	$737.0M	$736.0M	$635.0M	$668.0M	$796.0M	$556.0M	$566.0M	$599.0M	$585.0M	$516.0M	$537.0M	$535.0M	$512.0M	$457.0M	$163.0M	$43.00M	$47.00M	$44.00M	$21.00M	$10.00M
YoY Change	-0.72%	51.53%	0.12%	-11.96%	-11.65%	0.14%	0.14%	15.91%	-4.94%	-16.08%	43.17%	-1.77%	-5.51%	2.39%	13.37%	-3.91%	0.37%	4.49%	12.04%	180.37%	279.07%	-8.51%	6.82%	109.52%	110.0%
Other Long-Term Liabilities	$6.319B	$1.657B	$2.080B	$1.668B	$2.146B	$503.0M	$1.984B	$1.091B	$630.0M	$1.009B	$1.223B	$574.0M	$381.0M	$1.011B	$517.0M	$134.0M	$157.0M	$92.00M	$223.0M	$117.0M	$28.00M	$25.00M	$33.00M	$15.00M	$14.00M	$6.000M
YoY Change	281.47%	-20.36%	24.7%	-22.27%	326.64%	-74.65%	81.85%	73.17%	-37.56%	-17.5%	113.07%	50.66%	-62.31%	95.55%	285.82%	-14.65%	70.65%	-58.74%	90.6%	317.86%	12.0%	-24.24%	120.0%	7.14%	133.33%
Total Long-Term Liabilities	$7.184B	$2.527B	$2.655B	$2.242B	$2.798B	$1.241B	$2.721B	$1.827B	$1.265B	$1.677B	$2.019B	$1.130B	$947.0M	$1.610B	$1.102B	$650.0M	$694.0M	$627.0M	$735.0M	$574.0M	$191.0M	$68.00M	$80.00M	$59.00M	$35.00M	$16.00M
YoY Change	184.24%	-4.8%	18.41%	-19.87%	125.46%	-54.39%	48.93%	44.43%	-24.57%	-16.94%	78.67%	19.32%	-41.18%	46.1%	69.54%	-6.34%	10.69%	-14.69%	28.05%	200.52%	180.88%	-15.0%	35.59%	68.57%	118.75%
Total Liabilities	$76.90B	$70.76B	$72.03B	$65.34B	$65.13B	$59.23B	$59.18B	$53.76B	$47.09B	$41.85B	$38.24B	$33.41B	$29.47B	$25.49B	$20.56B	$16.59B	$15.78B	$14.40B	$13.52B	$10.78B	$8.699B	$7.250B	$4.350B	$2.469B	$1.683B	$617.0M
YoY Change	8.67%	-1.76%	10.23%	0.33%	9.96%	0.08%	10.08%	14.18%	12.51%	9.45%	14.44%	13.4%	15.6%	23.99%	23.95%	5.08%	9.64%	6.45%	25.42%	23.95%	19.99%	66.67%	76.18%	46.7%	172.77%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	79.48M shares	90.56M shares	93.86M shares	92.06M shares	91.14M shares	90.35M shares	88.98M shares	84.79M shares	78.94M shares	74.43M shares	65.54M shares	61.26M shares	59.48M shares	58.51M shares	56.14K shares
Diluted Shares Outstanding	80.95M shares	91.54M shares	94.49M shares	92.39M shares	91.78M shares	91.42M shares	90.31M shares	85.61M shares	80.96M shares	79.89M shares	75.04M shares	65.68M shares	63.62M shares	64.58M shares	58.92K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.4934 Billion

About American National Group Inc.

American Equity Investment Life Holding Co. engages in the development and sale of fixed index and fixed rate annuity products. The company is headquartered in West Des Moines, Iowa and currently employs 840 full-time employees. The company went IPO on 2003-12-04. The firm issues fixed annuity products through its life insurance subsidiaries, American Equity Investment Life Insurance Company (American Equity Life), American Equity Investment Life Insurance Company of New York (American Equity Life of New York) and Eagle Life Insurance Company (Eagle Life). The firm operates through one segment, which comprises of the sale of fixed index and fixed rate annuities. Its product types include Fixed index annuities, Annual reset fixed rate annuities, Multi-year fixed rate annuities and Single premium immediate annuities. The firm markets its products through a variable cost distribution network, including independent agents through independent marketing organizations (IMOs), broker/dealers, banks and registered investment advisors.

Industry: Life Insurance Peers: Brighthouse Financial, Inc. CNO Financial Group, Inc. GENWORTH FINANCIAL INC GLOBE LIFE INC. LINCOLN NATIONAL CORP METLIFE INC PRINCIPAL FINANCIAL GROUP INC Unum Group Primerica, Inc. TRUPANION, INC.