American Financial Statements From 2010 to 2024

AEL Stock  USD 55.85  0.45  0.81%   
American Equity financial statements provide useful quarterly and yearly information to potential American Equity Investment investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on American Equity financial statements helps investors assess American Equity's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting American Equity's valuation are summarized below:
Gross Profit
-509.5 M
Profit Margin
0.0745
Market Capitalization
4.4 B
Enterprise Value Revenue
0.5637
Revenue
2.8 B
There are over one hundred nineteen available fundamental signals for American Equity Investment, which can be analyzed over time and compared to other ratios. We recommend to validate American Equity's prevailing fundamental drivers against the all of the trends between 2010 and 2024. Market Cap is expected to rise to about 3.9 B this year. Enterprise Value is expected to rise to about 3.7 B this year

American Equity Total Revenue

1.64 Billion

Check American Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 M, Interest Expense of 48.7 M or Total Revenue of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0067 or PTB Ratio of 1.36. American financial statements analysis is a perfect complement when working with American Equity Valuation or Volatility modules.
  
This module can also supplement American Equity's financial leverage analysis and stock options assessment as well as various American Equity Technical models . Check out the analysis of American Equity Correlation against competitors.

American Equity Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets37.4 B67.3 B51.8 B
Slightly volatile
Short and Long Term Debt Total631.2 M864.5 M644.6 M
Slightly volatile
Total Stockholder Equity1.9 BB2.8 B
Slightly volatile
Non Current Assets Total58.4 B55.7 B38.6 B
Slightly volatile
Net Receivables36 M37.9 M691.6 M
Very volatile
Common Stock Total Equity61.5 M106.4 M77.3 M
Slightly volatile
Common Stock Shares Outstanding66.7 M81 M77.7 M
Slightly volatile
Liabilities And Stockholders Equity37.4 B67.3 B51.8 B
Slightly volatile
Non Current Liabilities Total82.6 B78.6 B23.4 B
Slightly volatile
Other Stockholder Equity636 M1.1 B842 M
Slightly volatile
Total Liabilities67.5 B64.2 B37.9 B
Slightly volatile
Property Plant And Equipment Gross1.6 M1.8 M1.6 M
Slightly volatile
Total Current Assets20.7 B11.6 B33.3 B
Slightly volatile
Common Stock63.7 M79.3 M75.1 M
Slightly volatile
Cash10.3 B9.8 B2.9 B
Slightly volatile
Cash And Short Term Investments22.6 B44.6 B35.6 B
Slightly volatile
Other Liabilities77.4 B73.8 B41.7 B
Slightly volatile
Long Term Debt623.1 M864.5 M642.3 M
Slightly volatile
Short Term Investments1.3 B1.4 B29.7 B
Pretty Stable
Net Tangible Assets3.4 B3.6 BB
Slightly volatile
Retained Earnings Total Equity3.3 B3.2 B1.6 B
Slightly volatile
Long Term Debt Total743.8 MB695 M
Slightly volatile
Capital Surpluse996 M1.5 B923.6 M
Slightly volatile
Long Term Investments46.9 B35.9 B41.7 B
Slightly volatile
Non Current Liabilities Other55.2 B78 B52.2 B
Slightly volatile
Short and Long Term Debt587 M848.1 M489.6 M
Slightly volatile
Cash And Equivalents3.2 B2.2 BB
Slightly volatile
Net Invested Capital5.3 B3.9 B4.3 B
Slightly volatile
Capital Stock71.2 M79.4 M88.5 M
Slightly volatile
Current Deferred Revenue314 M198.8 M477.2 M
Slightly volatile

American Equity Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization9.1 M8.7 M8.7 M
Slightly volatile
Interest Expense48.7 M51.2 M1.1 B
Pretty Stable
Total Revenue1.6 B1.7 B2.2 B
Slightly volatile
Gross Profit1.5 B1.4 B2.1 B
Slightly volatile
Other Operating Expenses1.4 B1.3 B1.8 B
Slightly volatile
EBIT173.1 M182.2 MB
Very volatile
EBITDA181.3 M190.9 MB
Very volatile
Income Before Tax270.7 M297.1 M400.2 M
Slightly volatile
Net Income201.4 M210.5 M304.2 M
Slightly volatile
Income Tax Expense71.6 M85.1 M101.3 M
Slightly volatile
Cost Of Revenue316.7 M301.6 M148.8 M
Slightly volatile
Net Income Applicable To Common Shares1.4 B1.4 B448.5 M
Slightly volatile
Net Income From Continuing Ops8.6 MM282.1 M
Slightly volatile
Tax Provision511.1 K538 K111.3 M
Very volatile
Interest Income1.4 B2.7 B1.1 B
Slightly volatile
Reconciled Depreciation6.9 M7.4 M5.2 M
Slightly volatile
Preferred Stock And Other Adjustments42.5 M50.2 M36.6 M
Slightly volatile

American Equity Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.1 B1.9 B1.7 B
Slightly volatile
Capital Expenditures52.6 M50.1 M13.3 M
Slightly volatile
Net Income197 M210.5 M298.6 M
Slightly volatile
End Period Cash Flow10.3 B9.8 B2.9 B
Slightly volatile
Dividends Paid45.9 M43.7 M30.7 M
Slightly volatile
Issuance Of Capital Stock19.4 M20.4 M93.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.752.62041.3061
Pretty Stable
Dividend Yield0.00670.00980.0111
Slightly volatile
PTB Ratio1.361.46690.9771
Very volatile
Days Sales Outstanding7.768.1644.3493
Slightly volatile
Book Value Per Share39.9438.039934.5538
Slightly volatile
Invested Capital0.270.2860.325
Slightly volatile
PB Ratio1.361.46690.9771
Very volatile
Net Income Per Share1.862.6493.5096
Slightly volatile
Payables Turnover0.50.80.8136
Very volatile
Sales General And Administrative To Revenue0.130.12260.0443
Slightly volatile
Cash Per Share187140392
Slightly volatile
Payout Ratio0.220.20750.1202
Slightly volatile
Days Payables Outstanding845473516
Pretty Stable
ROE0.07760.06960.1012
Slightly volatile
PE Ratio14.7721.064814.0577
Slightly volatile
Return On Tangible Assets0.00360.00330.005
Slightly volatile
Earnings Yield0.080.04750.1171
Slightly volatile
Intangibles To Total Assets0.04330.04560.0383
Slightly volatile
Receivables Turnover42.4744.7085674
Pretty Stable
Graham Number26.147.615648.0365
Slightly volatile
Shareholders Equity Per Share39.9438.039934.5538
Slightly volatile
Debt To Equity0.270.2860.325
Slightly volatile
Average Receivables17.5 M30.2 M30.7 M
Very volatile
Revenue Per Share17.3721.294427.133
Slightly volatile
Interest Debt Per Share15.3411.522921.5212
Pretty Stable
Debt To Assets0.01220.01280.0178
Slightly volatile
Price Earnings Ratio14.7721.064814.0577
Slightly volatile
Price Book Value Ratio1.361.46690.9771
Very volatile
Days Of Payables Outstanding845473516
Pretty Stable
Dividend Payout Ratio0.220.20750.1202
Slightly volatile
Pretax Profit Margin0.10.17550.1475
Slightly volatile
Effective Tax Rate0.350.28660.3298
Slightly volatile
Company Equity Multiplier33.5922.257921.1097
Pretty Stable
Long Term Debt To Capitalization0.330.22240.2085
Very volatile
Total Debt To Capitalization0.440.22240.247
Slightly volatile
Debt Equity Ratio0.270.2860.325
Slightly volatile
Net Income Per E B T0.50.70870.6686
Slightly volatile
Days Of Sales Outstanding7.768.1644.3493
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.110.98730.9981
Pretty Stable
Price To Book Ratio1.361.46690.9771
Very volatile
Debt Ratio0.01220.01280.0178
Slightly volatile
Price Sales Ratio2.752.62041.3061
Pretty Stable
Return On Assets0.00310.00310.0049
Slightly volatile
Asset Turnover0.04930.02520.0444
Pretty Stable
Net Profit Margin0.06860.12440.1078
Slightly volatile
Gross Profit Margin1.020.82180.94
Very volatile
Price Fair Value1.361.46690.9771
Very volatile
Return On Equity0.07760.06960.1012
Slightly volatile

American Equity Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.9 B3.7 B2.8 B
Slightly volatile

American Fundamental Market Drivers

Forward Price Earnings9.6339
Cash And Short Term Investments44.6 B

American Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About American Equity Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include American Equity income statement, its balance sheet, and the statement of cash flows. American Equity investors use historical funamental indicators, such as American Equity's revenue or net income, to determine how well the company is positioned to perform in the future. Although American Equity investors may use each financial statement separately, they are all related. The changes in American Equity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Equity's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Equity Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Equity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue198.8 M314 M
Total Revenue1.7 B1.6 B
Cost Of Revenue301.6 M316.7 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.12  0.13 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 21.29  17.37 
Ebit Per Revenue(0.0008)(0.0008)

Pair Trading with American Equity

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Equity will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

  0.63MET-PA MetLife Preferred StockPairCorr

Moving against American Stock

  0.82FLFG Federal Life GroupPairCorr
  0.75CIA CitizensPairCorr
The ability to find closely correlated positions to American Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Equity Investment to buy it.
The correlation of American Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Equity Inve moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Equity Inve is a strong investment it is important to analyze American Equity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Equity's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out the analysis of American Equity Correlation against competitors.
Note that the American Equity Inve information on this page should be used as a complementary analysis to other American Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for American Stock analysis

When running American Equity's price analysis, check to measure American Equity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Equity is operating at the current time. Most of American Equity's value examination focuses on studying past and present price action to predict the probability of American Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Equity's price. Additionally, you may evaluate how the addition of American Equity to your portfolios can decrease your overall portfolio volatility.
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Is American Equity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Equity. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Equity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Earnings Share
2.06
Revenue Per Share
35.569
Quarterly Revenue Growth
0.614
Return On Assets
0.0027
The market value of American Equity Inve is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Equity's value that differs from its market value or its book value, called intrinsic value, which is American Equity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Equity's market value can be influenced by many factors that don't directly affect American Equity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.