15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 9.3% per year over the past 5 years.
Financial health
Total debt ($9.2B) exceeds cash ($1.3B); net debt is $7.8B.
Total debt has grown slower than revenue (-24.5% vs -9.3% per year).
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 31.5% of earnings.
The dividend has declined 2.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$26.8B
$3.1B
0.0%
0.0%
—
$9.2B
$1.3B
2024
$27.3B
-$1.4B
0.0%
0.0%
—
$8.9B
$1.4B
2023
$27.9B
$3.6B
0.0%
0.0%
$6.0B
$22.4B
$1.6B
2022
$30.0B
$10.2B
0.0%
0.0%
$3.9B
$27.2B
$1.6B
2021
$52.2B
$10.4B
0.0%
0.0%
$5.9B
$30.2B
$2.4B
2020
$43.7B
-$5.9B
0.0%
0.0%
$685M
$37.5B
$3.2B
2019
$49.7B
$3.3B
0.0%
0.0%
-$2.1B
$35.4B
$3.3B
2018
$47.4B
-$6M
0.0%
0.0%
-$762M
$34.5B
$3.4B
2017
$49.5B
-$6.1B
0.0%
0.0%
-$8.3B
$31.6B
$2.7B
2016
$52.4B
-$849M
0.0%
0.0%
$2.4B
$30.9B
$2.1B
2015
$58.3B
$2.2B
0.0%
0.0%
$1.2B
$29.2B
$2.2B
2014
$64.4B
$7.5B
0.0%
0.0%
$3.2B
$31.2B
—
2013
$68.9B
$9.1B
0.0%
0.0%
$3.1B
$41.7B
—
2012
$71.2B
$3.4B
0.0%
0.0%
$825M
$48.5B
—
2011
$65.1B
$20.6B
0.0%
0.0%
—
$75.3B
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$6.7B
$763M
0.0%
0.0%
—
—
$1.5B
Dec '25
$6.5B
$731M
0.0%
0.0%
—
$9.2B
$1.3B
Sep '25
$6.4B
$524M
0.0%
0.0%
—
—
$1.6B
Jun '25
$7.1B
$1.1B
0.0%
0.0%
—
—
$1.8B
Mar '25
$6.8B
$698M
0.0%
0.0%
—
—
$1.4B
Dec '24
$7.2B
$901M
0.0%
0.0%
—
$8.9B
$1.4B
Sep '24
$6.8B
$457M
0.0%
0.0%
—
—
$1.6B
Jun '24
$6.6B
-$3.9B
0.0%
0.0%
—
—
$1.4B
Mar '24
$6.8B
$1.6B
0.0%
0.0%
—
—
$1.4B
Dec '23
$6.5B
-$473M
0.0%
0.0%
—
$22.4B
$1.6B
Sep '23
$7.3B
$2.7B
0.0%
0.0%
—
—
$1.5B
Jun '23
$7.4B
$1.7B
0.0%
0.0%
—
—
$1.6B
Mar '23
$11.0B
-$87M
0.0%
0.0%
—
—
$2.1B
Dec '22
$11.8B
$547M
0.0%
0.0%
—
$27.2B
$1.6B
Sep '22
$14.0B
$3.1B
0.0%
0.0%
—
—
$2.5B
Jun '22
$13.7B
$3.1B
0.0%
0.0%
—
—
$2.7B
Mar '22
$14.9B
$4.6B
0.0%
0.0%
—
—
$2.7B
Dec '21
$14.1B
$4.1B
0.0%
0.0%
—
$30.2B
$2.4B
Sep '21
$12.8B
$1.7B
0.0%
0.0%
—
—
$2.8B
Jun '21
$10.7B
$150M
0.0%
0.0%
—
$26.2B
$3.1B
Valuation over time
How the market has priced AIG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 2.6× (Mar '23) to 12.8× (Jun '26).
The price-to-sales ratio has risen from 0.9× (Mar '23) to 1.5× (Jun '26).
The dividend yield has fallen from 3.7% (Mar '23) to 2.5% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is AIG growing its revenue and profit?
Over the past 5 years, American International Group's revenue has declined 9.3% per year. These are computed facts, not advice.
How much debt does AIG have?
As of FY2025, American International Group reported $9.2B of total debt against $1.3B of cash.
What is AIG's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 11.6%.
What is AIG's P/E ratio?
As of Jun '26, American International Group traded at a price-to-earnings ratio of about 12.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.