ANG.PDNYSELife InsuranceFiscal year ends December 31
American National Group Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$23.52+0.01 (+0.04%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
7.1%−20.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.4% | +74.3% | +25.3% | +17.3% | |
| Net income | -26.9% | -34.8% | -4.5% | +9.3% | |
| Free cash flow | +9.5% | +10.8% | +16.1% | +18.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 3.9% | 12.5% | – | |
| Return on assets | 0.2% | 0.9% | 0.4% | |
| Capex to revenue | 0.1% | 0.5% | 0.8% | |
| Diluted shares | 86M | 92M | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
American National generated $12.77B from operations and spent $2.16B on capital expenditure, dividends and share buybacks. 13% of that went back into the business.
Generated
$12.77B
Used
$2.16B
Capital expenditure$290.07M13%Dividends$893.66M41%Share buybacks$975.38M45%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin11.5%
×Asset turnover0.06×
×Equity multiplier20.30×
=Return on equity, FY202314.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | 11.5% | 0.06× | 20.30× | 14.6% |
| FY2022 | 135.8% | 0.02× | 17.47× | 44.3% |
| FY2021 | 15.0% | 0.05× | 11.84× | 8.7% |
| FY2020 | 27.7% | 0.03× | 13.12× | 12.5% |
| FY2019 | 7.1% | 0.05× | 19.22× | 7.2% |
| FY2018 | 29.6% | 0.03× | 23.53× | 17.4% |
| FY2017 | 4.5% | 0.07× | 22.97× | 6.8% |
| FY2016 | 3.7% | 0.04× | 24.81× | 3.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$533.00M
- Cash generatingOperating cash flow above zero$2.78B
- Return on assets improvedROA up on the prior year2.0% → 0.4%
- Earnings backed by cashOperating cash flow above net income$2.78B vs $533.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.21 → 0.06