American National Group Inc. (ANG-PD) Financial Statements
Industry: Life Insurance
In fiscal 2025, American National reported revenue of $7.49B, down 21.2% from $9.50B the year before. Net income was $533.0M (a 7.1% net margin). Gross margin was 70.5% and operating margin was 60.8%. Operating activities generated $2.78B of cash, leaving $2.72B of free cash flow. At fiscal year end, American National held $130.26B in total assets against $120.59B in total liabilities, including $11.66B of cash and equivalents.
Open the full interactive American National financials → Quarterly statements, key ratios, valuation history and price charts.
American National Key Stats
| Share Price | $23.66 |
|---|---|
| Revenue YoY Growth | -21.2% |
| 52-Week Range | $22.52 – $23.99 |
| Shares Outstanding | 79.1 million (basic, 2024 Q1) |
American National Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.42B | $3.69B | $1.42B | $2.84B | $9.50B | $7.49B |
| Cost of Goods Sold | $0 | $0 | $0 | $0 | $5.36B | $2.21B |
| Gross Profit | $2.42B | $3.69B | $1.42B | $2.84B | $4.14B | $5.28B |
| Operating Income | $2.42B | $3.69B | $1.42B | $2.84B | $3.26B | $4.55B |
| Pre-Tax Income | $816.0M | $602.7M | $1.55B | $297.1M | $510.0M | $394.0M |
| Income Tax | $144.5M | $128.8M | $325.2M | $85.1M | -$170.0M | -$20.0M |
| Net Income | $671.5M | $474.0M | $1.22B | $210.5M | $729.0M | $533.0M |
| Diluted EPS | $6.90 | $4.55 | $12.86 | $2.06 | — | — |
American National Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.06B | $904.0M | $1.60B | $1.71B |
| Net Income | $219.0M | $368.0M | -$1.0M | $204.0M |
American National Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $9.10B | $4.51B | $1.92B | $9.77B | $11.33B | $11.66B |
| Total Assets | $71.39B | $78.35B | $73.93B | $79.92B | $121.22B | $130.26B |
| Total Long-Term Debt | $495.7M | $496.2M | $1.09B | $785.4M | $2.96B | $2.95B |
| Total Liabilities | $64.81B | $72.03B | $70.74B | $76.87B | $111.19B | $120.59B |
| Shareholders' Equity | $6.57B | $6.32B | $3.17B | $3.02B | $10.03B | $9.67B |
American National Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.30B | $4.23B | $2.04B | $3.94B | $2.52B | $2.78B |
| Cash From Investing | $5.13B | -$6.22B | -$2.45B | $4.49B | $2.52B | -$9.75B |
| Cash From Financing | $362.5M | -$2.60B | -$2.18B | -$581.5M | $3.10B | $7.29B |
| Free Cash Flow | $1.29B | $4.22B | $2.00B | $3.89B | $2.48B | $2.72B |
| Dividends Paid | — | — | — | — | $33.0M | $49.0M |
Figures from American National's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full American National financials page for every line item.
American National Company Profile
| Ticker | ANG-PD |
|---|---|
| Exchange | NYSE |
| Industry | Life Insurance |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer |
| SEC CIK | 0001039828 |
Frequently Asked Questions
What was American National's revenue in fiscal 2025?
American National (ANG-PD) reported revenue of $7.49B for fiscal 2025.
What is American National's annual revenue history?
American National's annual revenue by fiscal year: 2020: $2.42B; 2021: $3.69B; 2022: $1.42B; 2023: $2.84B; 2024: $9.50B; 2025: $7.49B.
What was American National's net income in fiscal 2025?
American National reported net income of $533.0M for fiscal 2025.
How much free cash flow did American National generate in fiscal 2025?
American National generated $2.72B of free cash flow in fiscal 2025.
What was American National's revenue last quarter?
In its most recent reported quarter (2026 Q2), American National reported revenue of $1.71B.
How much debt does American National have?
American National reported $2.95B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of American National are outstanding?
American National reported a weighted average of 79.1 million basic shares outstanding in 2024 Q1.
When does American National's fiscal year end?
American National's fiscal year end, as registered with the SEC, is December 31.
Where is American National headquartered?
American National lists its business address in Houston, Texas in its SEC filings.