American Equity Investment Life Holding Company (AEL-PA) Financials

NYSE:AEL-PA

Market Cap

1.78B

Total Revenue

3.77B

Gross Profit

3.53B

Operating Income

2.47B

Net Income

1.22B

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	2,509,239,000	2,149,154,000	1,983,635,000	1,676,817,000	2,990,734,000	2,936,589,000	2,012,304,000	3,713,460,000	4,047,773,000	3,768,099,000
costOfRevenue	91,915,000	81,584,000	96,218,000	102,231,000	111,691,000	129,301,000	154,153,000	183,636,000	243,712,000	239,616,000
grossProfit	2,417,324,000	2,067,570,000	1,887,417,000	1,574,586,000	2,879,043,000	2,807,288,000	1,858,151,000	3,529,824,000	3,804,061,000	3,528,483,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	53,479,000	58,043,000	71,914,000	82,883,000	95,815,000	139,155,000	162,061,000
sellingGeneralAndAdministrativeExpenses	--	--	--	53,479,000	58,043,000	71,914,000	82,883,000	95,815,000	139,155,000	162,061,000
operatingExpenses	2,525,011,000	2,090,016,000	1,442,255,000	2,140,730,000	3,784,591,000	-719,023,000	-1,936,774,000	-3,148,726,000	-3,703,327,000	-1,055,305,000
operatingIncome	1,713,157,000	1,718,256,000	1,346,455,000	896,925,000	2,384,431,000	2,217,566,000	75,530,000	564,734,000	344,446,000	2,473,178,000
totalOtherIncomeExpensesNet	103,591,000	118,990,000	136,168,000	173,579,000	200,494,000	224,488,000	240,035,000	251,227,000	258,301,000	-926,721,000
ebitda	1,731,532,000	1,727,746,000	1,351,065,000	900,804,000	2,388,379,000	2,221,040,000	79,598,000	569,933,000	349,973,000	2,487,363,000
depreciationAndAmortization	18,375,000	9,490,000	4,610,000	3,879,000	3,948,000	3,474,000	4,068,000	5,199,000	5,527,000	14,185,000
interestIncome	-1,272,867,000	-1,473,700,000	-968,053,000	-725,472,000	-2,023,668,000	-1,610,835,000	-1,287,576,000	--	--	--
interestExpense	1,323,825,000	1,522,192,000	1,009,141,000	766,678,000	2,068,160,000	1,651,824,000	1,328,865,000	1,574,379,000	2,712,311,000	927,079,000
incomeBeforeTax	389,332,000	196,064,000	337,314,000	130,247,000	316,271,000	565,742,000	315,565,000	815,961,000	602,747,000	1,546,457,000
incomeTaxExpense	136,049,000	70,041,000	117,484,000	47,004,000	141,626,000	107,726,000	69,475,000	144,501,000	128,755,000	325,155,000
netIncome	253,283,000	126,023,000	219,830,000	83,243,000	174,645,000	458,016,000	246,090,000	671,460,000	473,992,000	1,221,302,000
eps	3.86	1.69	2.78	0.98	1.96	5.07	2.7	6.93	4.58	13.01
epsdiluted	3.38	1.58	2.72	0.97	1.93	5.01	2.68	6.9	4.55	12.93
weightedAverageShsOut	65,544,000	74,431,000	78,937,000	84,793,000	88,982,000	90,348,000	91,139,000	92,055,000	93,860,000	93,860,000
weightedAverageShsOutDil	75,041,000	79,894,000	80,961,000	85,605,000	90,311,000	91,423,000	91,782,000	92,392,000	94,491,000	94,491,000
costAndExpenses	2,119,907,000	1,953,090,000	1,646,321,000	1,546,570,000	2,674,463,000	2,370,847,000	1,696,739,000	2,897,499,000	3,445,026,000	2,221,642,000
otherExpenses	--	--	--	--	--	-790,937,000	-2,019,657,000	-3,244,541,000	-3,842,482,000	-1,217,366,000

Key Facts

Industry

Insurance—Life

Sector

Financial Services

Headquarters

West Des Moines, IA, US

Website

american-equity.com

CEO

Mr. Anant Bhalla

Employees

840

About the Company

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. American Equity Investment Life Holding Company was incorporated in 1995 and is headquartered in West Des Moines, Iowa.