American Equity Investment Life Holding Company
AELFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
9,503
Cost of Revenue
0
Gross Profit
9,503
Gross Margin
100.0%
Operating Income
8,623
Operating Margin
90.7%
Net Income
696
Net Margin
7.3%
EPS (Basic)
$8.80
EPS (Diluted)
$8.66
EBITDA
0
EBITDA Margin
N/A
2023
12/31/2023
Revenue
1,692
Cost of Revenue
302
Gross Profit
1,391
Gross Margin
82.2%
Operating Income
1,183
Operating Margin
69.9%
Net Income
211
Net Margin
12.4%
EPS (Basic)
$2.10
EPS (Diluted)
$2.06
EBITDA
1,540
EBITDA Margin
91.0%
2022
12/31/2022
Revenue
3,766
Cost of Revenue
240
Gross Profit
3,527
Gross Margin
93.6%
Operating Income
3,366
Operating Margin
89.4%
Net Income
1,221
Net Margin
32.4%
EPS (Basic)
$13.48
EPS (Diluted)
$13.34
EBITDA
6,739
EBITDA Margin
178.9%
2021
12/31/2021
Revenue
3,974
Cost of Revenue
244
Gross Profit
3,730
Gross Margin
93.9%
Operating Income
3,665
Operating Margin
92.2%
Net Income
553
Net Margin
13.9%
EPS (Basic)
$4.58
EPS (Diluted)
$4.55
EBITDA
6,985
EBITDA Margin
175.8%
2020
12/31/2020
Revenue
3,713
Cost of Revenue
184
Gross Profit
3,530
Gross Margin
95.1%
Operating Income
3,434
Operating Margin
92.5%
Net Income
671
Net Margin
18.1%
EPS (Basic)
$6.93
EPS (Diluted)
$6.90
EBITDA
5,830
EBITDA Margin
157.0%