American International Group (AIG) FY2024 results: revenue $27.3 billion, down 2.5% on the year
American International Group, Inc. (AIG) reported revenue of $27.3 billion for fiscal 2024, the year ended 31 December 2024, down 2.5% on the year before. Net income was -$1.4 billion, and diluted earnings per share $-2.17. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$27.3 billion
-2.5% on the year
FY2017FY2024
Operating margin
14.2%
10.3% a year earlier
FY2017FY2024
Net income
-$1.4 billion
FY2017FY2024
Diluted EPS
-$2.17
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
3,273
6,243
4,134
-47.6%
Capital expenditure
n/a
240
210
Free cash flow
n/a
6,003
3,924
Free cash flow margin
n/a
21.5%
13.1%
Cash from investing
1,672
-7,021
-3,626
Cash from financing
-5,063
782
-602
Depreciation and amortisation
3,597
3,841
3,861
-6.4%
Share-based compensation
211
199
288
+6.0%
Buybacks
6,652
2,961
5,200
+124.7%
Dividends paid
1,002
997
982
+0.5%
Dividend per share
$1.56
$1.40
$1.28
+11.4%
Diluted shares, weighted
657m
725m
788m
-9.4%
Shares outstanding at period end
606m
689m
734m
-12.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
42,521
45,351
40,970
-6.2%
Non-controlling interest
29.0
5,950
2,484
-99.5%
Debt
8,922
22,387
27,179
-60.1%
Other liabilities
109,850
465,618
451,595
-76.4%
Total liabilities and equity
161,322
539,306
522,228
-70.1%
Fixed assets
1,116
1,132
1,153
-1.4%
Goodwill
3,373
3,422
3,751
-1.4%
Securities held for sale or to maturity
64,006
65,242
226,156
-1.9%
Loans
3,868
4,441
49,605
-12.9%
Cash and equivalents
1,372
1,573
1,571
-12.8%
Other assets
87,587
463,496
239,992
-81.1%
Total assets
161,322
539,306
522,228
-70.1%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.