financial statements

The full income statement, balance sheet, and cash-flow statement for American International Group Inc. New (AIG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	26.8B YoY-1.7%	27.3B YoY-2.5%	27.9B YoY-6.9%	30.0B YoY-42.5%	52.2B YoY+19.3%
Selling, general & administrative	5.05B YoY-8.6%	5.53B YoY+2.4%	5.40B YoY-12.3%	6.16B YoY-29.4%	8.73B YoY+4.0%
Restructuring	439M YoY-41.1%	745M YoY+109.3%	356M YoY-15.8%	423M YoY-2.3%	433M YoY-0.5%
Amortization of intangibles	—	—	—	—	8.00M YoY-11.1%
Provision for credit losses	—	—	—	—	-164M YoY-318.7%
Interest expense	396M YoY-14.3%	462M YoY-10.5%	516M YoY-14.4%	603M YoY-53.8%	1.30B YoY-10.4%
Pre-tax income	3.88B YoY+0.2%	3.87B YoY+35.0%	2.87B YoY-24.0%	3.77B YoY-71.7%	13.3B YoY+283.0%
Income tax	782M YoY-33.2%	1.17B YoY+828.6%	126M YoY-85.7%	882M YoY-63.9%	2.44B YoY+267.2%
	3.10B YoY+320.5%	-1.40B YoY-138.5%	3.64B YoY-64.4%	10.2B YoY-1.4%	10.4B YoY+274.4%
Income from continuing operations	—	—	—	—	9.36B YoY+256.6%
Discontinued operations	0.00 YoY+100.0%	-3.63B YoY-418.9%	1.14B YoY-86.4%	8.38B	0.00 YoY-100.0%
Net income to non-controlling interest	1.00M YoY-99.8%	478M YoY+103.4%	235M YoY-77.5%	1.05B	—
Preferred dividends	0.00 YoY-100.0%	22.0M YoY-24.1%	29.0M YoY+0.0%	29.0M YoY+0.0%	29.0M YoY+0.0%
Net income to common	3.10B YoY+317.1%	-1.43B YoY-139.5%	3.61B YoY-64.6%	10.2B YoY-1.4%	10.3B YoY+273.1%
	$5.43 YoY+350.2%	-$2.17 YoY-143.6%	$4.98 YoY-61.5%	$12.94 YoY+8.3%	$11.95 YoY+273.7%
EPS (basic)	$5.48 YoY+350.2%	-$2.19 YoY-143.6%	$5.02 YoY-61.7%	$13.10 YoY+8.3%	$12.10 YoY+275.9%
Weighted-avg shares (basic)	565M YoY-13.3%	651M YoY-9.5%	720M YoY-7.6%	779M YoY-8.9%	854M YoY-1.7%
Weighted-avg shares (diluted)	570M YoY-13.2%	657M YoY-9.4%	725M YoY-8.0%	788M YoY-8.9%	865M YoY-0.5%
Dividends per share	$1.75 YoY+12.2%	$1.56 YoY+11.4%	$1.40 YoY+9.4%	$1.28	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	1.34B YoY-2.0%	1.37B YoY-12.8%	1.57B YoY+0.1%	1.57B YoY-35.3%	2.43B YoY-24.9%
Short-term investments	19.8B YoY+0.0%	19.8B YoY+0.0%	19.8B YoY+0.0%	19.8B YoY+0.0%	19.8B YoY+0.0%
	161B YoY-0.0%	161B YoY-70.1%	539B YoY+3.3%	522B YoY-12.4%	596B YoY+1.6%
Property, plant & equipment	1.37B YoY+22.7%	1.12B YoY-1.4%	1.13B YoY-1.8%	1.15B YoY-37.3%	1.84B YoY+0.0%
Operating lease right-of-use	690M YoY-0.9%	696M YoY-6.5%	744M YoY-15.5%	880M YoY-12.0%	1.00B YoY+10.4%
Goodwill	3.44B YoY+1.8%	3.37B YoY-1.4%	3.42B YoY-8.8%	3.75B YoY-7.5%	4.06B YoY-0.4%
Intangible assets	300M YoY+0.0%	300M YoY+0.0%	300M YoY+0.0%	300M YoY+0.0%	300M YoY-6.0%
Deferred tax assets	5.10B YoY+2.8%	4.96B YoY-19.9%	6.19B YoY-58.2%	14.8B YoY+26.4%	11.7B YoY-7.2%
Short-term & current debt	250M YoY+0.0%	250M YoY+0.0%	250M YoY-83.3%	1.50B YoY+661.4%	197M YoY+0.0%
	120B YoY+1.1%	119B YoY-75.7%	488B YoY+1.9%	479B YoY-9.2%	527B YoY+1.5%
Long-term debt	9.19B YoY+3.0%	8.92B YoY-15.9%	10.6B YoY-61.0%	27.2B YoY-9.9%	30.2B YoY-19.6%
	41.1B YoY-3.3%	42.5B YoY-6.2%	45.4B YoY+10.7%	41.0B YoY-37.9%	66.0B YoY-0.6%
Common stock	4.77B YoY+0.0%	4.77B YoY+0.0%	4.77B YoY+0.0%	4.77B YoY+0.0%	4.77B YoY+0.0%
Additional paid-in capital	75.4B YoY+0.0%	75.3B YoY-0.6%	75.8B YoY-5.1%	79.9B YoY-2.4%	81.9B YoY+0.5%
Retained earnings	37.2B YoY+6.0%	35.1B YoY-6.5%	37.5B YoY+7.5%	34.9B YoY+46.7%	23.8B YoY+53.4%
Treasury stock	71.2B YoY+8.6%	65.6B YoY+10.8%	59.2B YoY+4.8%	56.5B YoY+9.4%	51.6B YoY+4.7%
Accumulated other comprehensive income	-4.99B YoY+29.8%	-7.10B YoY+49.4%	-14.0B YoY+37.9%	-22.6B YoY-438.2%	6.69B YoY-50.5%
Non-controlling interest	23.0M YoY-20.7%	29.0M YoY-99.5%	5.95B YoY+139.5%	2.48B YoY-16.0%	2.96B YoY+253.2%
Total equity incl. non-controlling	41.2B YoY-3.3%	42.5B YoY-17.1%	51.3B YoY+18.1%	43.5B YoY-37.1%	69.0B YoY+2.7%
Total liabilities & equity	161B YoY-0.0%	161B YoY-70.1%	539B YoY+3.3%	522B YoY-12.4%	596B YoY+1.6%
Common shares issued	1.91B YoY+0.0%	1.91B YoY+0.0%	1.91B YoY+0.0%	1.91B YoY+0.0%	1.91B YoY+0.0%
Common shares outstanding	538M YoY-11.2%	606M YoY-12.0%	689M YoY-6.2%	734M YoY-10.3%	819M YoY-5.0%
Shares outstanding (cover)	540M YoY-13.5%	624M YoY-11.1%	702M YoY-5.5%	743M YoY-10.5%	830M YoY-3.6%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.31B YoY+1.3%	3.27B YoY-47.6%	6.24B YoY+51.0%	4.13B YoY-33.6%	6.22B YoY+499.5%
Depreciation & amortization	3.46B YoY-3.9%	3.60B YoY-6.4%	3.84B YoY-0.5%	3.86B YoY-15.0%	4.54B YoY+10.2%
Deferred income taxes	—	—	—	—	2.22B YoY+232.4%
	3.19B YoY+90.8%	1.67B YoY+123.8%	-7.02B YoY-93.6%	-3.63B YoY-10.5%	-3.28B YoY+47.1%
Capital expenditure	—	—	240M YoY+14.3%	210M YoY-38.8%	343M YoY-2.8%
Sales/maturities of investments	8.90B YoY-3.4%	9.22B YoY+1.5%	9.08B YoY+1.5%	8.95B YoY-74.3%	34.8B YoY+25.9%
Other investing activities	821M YoY+1143.9%	66.0M YoY-96.2%	1.75B YoY+59.9%	1.10B YoY+10.3%	995M YoY+16683.3%
	-6.54B YoY-29.2%	-5.06B YoY-747.4%	782M YoY+229.9%	-602M YoY+83.6%	-3.68B YoY-172.7%
Long-term debt issued	1.24B YoY+87.7%	661M YoY-10.9%	742M YoY-90.1%	7.48B YoY+6887.9%	107M YoY-97.4%
Long-term debt repaid	—	—	2.30B YoY-75.6%	9.46B YoY+128.0%	4.15B YoY+115.7%
Common stock repurchased	5.84B YoY-12.3%	6.65B YoY+124.7%	2.96B YoY-43.1%	5.20B YoY+100.6%	2.59B YoY+418.4%
Dividends paid	976M YoY-2.6%	1.00B YoY+0.5%	997M YoY+1.5%	982M YoY-9.3%	1.08B YoY-1.8%
Other financing activities	129M YoY-78.7%	605M YoY-78.7%	2.85B YoY+107.9%	1.37B YoY+12.0%	1.22B YoY+125.9%
FX effect on cash	12.0M YoY+114.5%	-83.0M YoY-538.5%	-13.0M YoY+88.9%	-117M YoY-74.6%	-67.0M YoY-236.7%
Net change in cash	-27.0M YoY+86.6%	-201M YoY-2133.3%	-9.00M YoY+95.7%	-211M YoY+73.7%	-803M YoY-1308.8%
Interest paid	389M YoY-54.7%	858M YoY-19.0%	1.06B YoY-6.0%	1.13B YoY-16.4%	1.35B YoY+17.5%
Income taxes paid	330M YoY-53.4%	708M YoY-28.0%	984M YoY+31.9%	746M YoY-13.5%	862M YoY-11.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	46.2B YoY+1.7%	45.4B YoY-4.5%	47.6B YoY+1.2%	47.0B YoY-0.5%	47.2B YoY+44.7%
P/E	14.9×	—	11.8× YoY+252.1%	3.3× YoY-26.7%	4.6×
P/S	1.7× YoY+3.5%	1.7× YoY-69.6%	5.5× YoY+547.1%	0.8× YoY-6.5%	0.9× YoY+21.4%
P/B	1.1× YoY+5.1%	1.1× YoY-11.5%	1.2× YoY-2.1%	1.2× YoY+72.2%	0.7× YoY+45.6%
P/FCF	13.9× YoY+0.4%	13.9× YoY+37.8%	10.1× YoY-7.3%	10.9× YoY+43.2%	7.6× YoY-75.9%
Earnings yield	6.7%	—	8.5% YoY-71.6%	29.9% YoY+36.4%	22.0%
FCF yield	7.2% YoY-0.4%	7.2% YoY-27.4%	9.9% YoY+7.9%	9.2% YoY-30.2%	13.2% YoY+314.2%
Dividend yield	2.0% YoY-4.5%	2.1% YoY+3.7%	2.1% YoY+2.1%	2.0%	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: AIG's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AIG filings on SEC EDGAR → Not investment advice.

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financial statements