SequelSEC

American National Group Inc. ANG.PD

Life Insurance · CIK 0001039828 · Fiscal year ends 1231 · Insurer

Revenue
$7.49B
Fiscal year ended 2025-12-31
Net income
$533.00M
Fiscal year ended 2025-12-31
Total assets
$130.26B
Fiscal year ended 2025-12-31

American National Group Inc. (ANG.PD) reported revenue of $7.49B and net income of $533.00M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from American National Group Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Life Insurance.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

American National Group Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$7.49B$7.52B$3.40B$1.41B$3.69B$2.42B$3.46B$1.55B$3.89B$2.22B
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$533.00M$729.00M$392.00M$1.92B$553.02M$671.46M$246.09M$458.02M$174.64M$83.24M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableshares 80.95Mshares 91.54Mshares 94.49Mshares 92.39Mshares 91.78Mshares 91.42Mshares 90.31Mshares 85.61M
Pretax income$394.00M$370.00M$452.00M$2.43B$702.79M$815.96M$315.56M$565.74M$316.27M$130.25M
Income tax expense-$20.00M-$199.00M$43.00M$511.14M$149.76M$144.50M$69.48M$107.73M$141.63M$47.00M
Diluted EPSUnavailableUnavailable$2.06$20.50$5.39$6.90$2.68$5.01$1.93$0.97
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

American National Group Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$11.66B$10.87B$3.19B$1.92B$4.51B$9.10B$2.29B$344.40M$1.43B$791.27M
Total assets$130.26B$121.22B$35.88B$73.18B$78.35B$71.69B$69.70B$61.63B$62.03B$56.05B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$120.59B$111.19B$29.99B$70.81B$72.03B$65.34B$65.13B$59.23B$59.18B$53.76B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$9.67B$10.03B$5.90B$3.76B$7.00B$6.35B$4.43B$2.40B$2.85B$2.29B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$748.00M$748.00M$86.00M$86.00M$44.00MUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$2.95B$2.96B$1.49BUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

American National Group Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flowUnavailable$2.52B$1.19B$2.04B$4.23B$1.30B$3.35B$43.18M$1.92B$1.42B
Capital expendituresUnavailableUnavailable$50.08M$40.96M$18.11M$13.24M$4.02M$4.28M$4.81M$1.20M
Investing cash flow-$9.75B$2.52B-$1.30B-$2.45B-$6.22B$5.13B-$3.05B-$2.41B-$2.59B-$4.50B
Financing cash flow$7.29B$3.10B$1.92B-$2.18B-$2.60B$362.54M$1.65B$1.28B$1.31B$3.48B
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.95B-$1.09B$642.78M$393.52M
Stock-based compensationUnavailableUnavailable$29.30M$15.83M$24.60M$10.22M$11.30M$11.10M$6.46M$6.69M
Common dividends paid$49.00M$33.00M$750.00M$30.20M$31.45M$28.86M$27.30M$25.26M$23.15M$21.11M
Common share repurchasesUnavailableUnavailable$309.40M$566.57M$99.42M$165.09M$0$0$0$0
Depreciation & amortization$170.00M$76.00M$19.00MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

American National Group Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flowUnavailableUnavailableUnavailable$2.00B$4.22B$1.29B$3.35B$38.90M$1.92B$1.42B
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailable141.7%114.2%53.3%96.6%2.5%49.3%63.7%
SBC / revenueUnavailableUnavailableUnavailable1.1%0.7%0.4%0.3%0.7%0.2%0.3%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth-0.4%121.5%140.1%-61.7%52.2%-30.0%123.9%-60.2%75.3%Unavailable
Net margin7.1%9.7%11.5%135.8%15.0%27.7%7.1%29.6%4.5%3.7%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailable2.9%0.5%0.5%0.1%0.3%0.1%0.1%
Long-term debt / equity0.31xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate-5.1%-53.8%9.5%21.0%21.3%17.7%22.0%19.0%44.8%36.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ANG.PD in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Reconciliation checks needing review

3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2022-12-31

Difference 1384250000 exceeds tolerance 73183599.000. Presentation or filing-vintage differences need review.

balance equationreview2021-12-31

Difference 678873000 exceeds tolerance 78349109.000. Presentation or filing-vintage differences need review.

balance equationreview2019-12-31

Difference 143597000 exceeds tolerance 69696552.000. Presentation or filing-vintage differences need review.