American International Group (AIG) FY2021 results: revenue $52.1 billion, up 19.0% on the year
American International Group, Inc. (AIG) reported revenue of $52.1 billion for fiscal 2021, the year ended 31 December 2021, up 19.0% on the year before. Net income was $10.4 billion, and diluted earnings per share $11.95. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2022.
Revenue
$52.1 billion
+19.0% on the year
FY2014FY2021
Operating margin
25.4%
-16.7% a year earlier
FY2014FY2021
Net income
$10.4 billion
FY2014FY2021
Diluted EPS
$11.95
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
6,223
1,038
-1,807
+499.5%
Capital expenditure
343
353
304
-2.8%
Free cash flow
5,880
685
-2,111
+758.4%
Free cash flow margin
11.3%
1.6%
-4.2%
Cash from investing
-3,280
-6,202
-5,475
Cash from financing
-3,679
5,058
7,258
Depreciation and amortisation
4,542
4,120
5,006
+10.2%
Share-based compensation
278
274
314
+1.5%
Buybacks
2,592
500
0.0
+418.4%
Dividends paid
1,083
1,103
1,114
-1.8%
Dividend per share
$0.32
$0.32
n/a
0.0%
Diluted shares, weighted
865m
869m
890m
-0.5%
Shares outstanding at period end
819m
862m
870m
-5.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
65,956
66,362
65,675
-0.6%
Non-controlling interest
2,956
837
1,752
+253.2%
Debt
30,163
37,534
35,350
-19.6%
Other liabilities
497,037
481,748
422,287
+3.2%
Total liabilities and equity
596,112
586,481
525,064
+1.6%
Fixed assets
1,840
1,840
1,953
0.0%
Goodwill
4,056
4,074
4,038
-0.4%
Intangible assets
300
319
333
-6.0%
Investments
n/a
n/a
13,230
Securities held for sale or to maturity
277,202
271,496
n/a
+2.1%
Loans
46,048
45,562
46,984
+1.1%
Trading assets
7,017
6,347
7,523
+10.6%
Cash and equivalents
2,427
3,230
3,287
-24.9%
Other assets
257,222
253,613
447,716
+1.4%
Total assets
596,112
586,481
525,064
+1.6%
10-K for the year ended 31 December 2021, filed 17 February 2022: the filing.