Aegon Ltd. (AEG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Aegon Ltd. (AEG) stock price & volume — 10-year historical chart
Aegon Ltd. (AEG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Aegon Ltd. (AEG) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 26, 2026 | $0.27vs $0.48-43.7% | $22.3Bvs $7.4B+201.8% |
| Q1 2026 | Feb 19, 2026 | $0.27vs $0.48-43.7% | $22.3Bvs $7.5B+195.6% |
| Q4 2025 | Nov 13, 2025 | $0.43vs $0.30+45.7% | $7.8B |
| Q1 2025 | Feb 20, 2025 | $0.37vs $0.16+124.7% | $16.9B |
Aegon Ltd. (AEG) competitors in Life, annuity and benefits insurers — business model, growth, and fundamentals comparison
Aegon Ltd. (AEG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Aegon Ltd. (AEG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 49.6B | 53.08B | 14.55B | 61.14B | 40.65B | 46.5B | -21.64B | 12.98B | 19.52B | 29.4B |
| Revenue Growth % | 57.75% | 7.01% | -72.59% | 320.15% | -33.5% | 14.39% | -146.54% | 159.96% | 50.4% | -10.94% |
| Medical Costs & Claims | 3.4B | 3.29B | 0 | 0 | 0 | 36.5B | -24.67B | 17.69B | 0 | 0 |
| Medical Cost Ratio % | 6.84% | 6.2% | 0% | 0% | 0% | 78.49% | 113.98% | 136.28% | 0% | 0% |
| Gross Profit | 46.21B▲ 0% | 49.79B▲ 7.7% | 14.55B▼ 70.8% | 61.14B▲ 320.1% | 40.65B▼ 33.5% | 46.5B▲ 14.4% | 14.29B▼ 69.3% | 2.37B▼ 83.4% | 19.52B▲ 724.3% | 29.4B▲ 0% |
| Gross Margin % | 93.16% | 93.8% | 100% | 100% | 100% | 100% | -66.01% | 18.25% | 100% | 100% |
| Gross Profit Growth % | 60.34% | 7.75% | -70.78% | 320.15% | -33.5% | 14.39% | -69.28% | -83.43% | 724.28% | - |
| Operating Expenses | -45.41B | -46.63B | -13.29B | -59.81B | 2.88B | 4.89B | 2.2B | 2.76B | 18.86B | 19.26B |
| OpEx / Revenue % | -91.54% | -87.84% | -91.36% | -97.83% | 7.08% | 10.51% | -10.15% | 21.25% | 96.63% | 65.53% |
| Depreciation & Amortization | 273M | 148M | 1.02B | 850M | 722M | 1.17B | 169M | 34M | -31M | -31M |
| Combined Ratio % | -84.69% | -81.65% | -91.36% | -97.83% | 7.08% | 88.99% | 103.83% | 157.54% | 96.63% | 65.53% |
| Operating Income | 804M▲ 0% | 3.16B▲ 293.5% | 1.26B▼ 60.3% | 1.33B▲ 5.5% | 37.78B▲ 2748.9% | 43.7B▲ 15.7% | 834M▼ 98.1% | 12.37B▲ 1383.7% | 657M▼ 94.7% | 10.13B▲ 0% |
| Operating Margin % | 1.62% | 5.96% | 8.64% | 2.17% | 92.92% | 93.97% | -3.85% | 95.35% | 3.37% | 34.47% |
| Operating Income Growth % | 256.12% | 293.53% | -60.27% | 5.49% | 2748.87% | 15.68% | -98.09% | 1383.69% | -94.69% | - |
| EBITDA | 1.08B | 3.31B | 2.27B | 2.18B | 38.5B | 44.87B | 1B | 12.41B | 626M | 10.18B |
| EBITDA Margin % | 2.17% | 6.24% | 15.62% | 3.56% | 94.7% | 96.48% | -4.63% | 95.61% | 3.21% | 34.63% |
| Interest Expense | 347M | 435M | 507M | 513M | 405M | 246M | 7M | 7M | 6M | 182M |
| Non-Operating Income | 584M | -2.97B | -1.25B | 0 | 0 | 0 | 0 | 384M | -9M | -3.08B |
| Pretax Income | 805M▲ 0% | 2.39B▲ 197.3% | 751M▼ 68.6% | 1.46B▲ 94.0% | -957M▼ 165.7% | 1.16B▲ 221.6% | 827M▼ 29.0% | -391M▼ 147.3% | 660M▲ 268.8% | 1.34B▲ 0% |
| Pretax Margin % | 1.62% | 4.51% | 5.16% | 2.38% | -2.35% | 2.5% | -3.82% | -3.01% | 3.38% | 4.55% |
| Income Tax | 219M | 32M | 40M | 218M | -336M | 95M | 71M | -209M | -16M | 161M |
| Effective Tax Rate % | 27.2% | 1.34% | 5.33% | 14.96% | 35.11% | 8.16% | 8.59% | 53.45% | -2.42% | 12.04% |
| Net Income | 586M▲ 0% | 2.36B▲ 302.9% | 710M▼ 69.9% | 1.24B▲ 74.5% | 45M▼ 96.4% | 1.98B▲ 4300.0% | -570M▼ 128.8% | -179M▲ 68.6% | 688M▲ 484.4% | 1.25B▲ 0% |
| Net Margin % | 1.18% | 4.45% | 4.88% | 2.03% | 0.11% | 4.26% | 2.63% | -1.38% | 3.52% | 4.24% |
| Net Income Growth % | 235.65% | 302.9% | -69.93% | 74.51% | -96.37% | 4300% | -128.79% | 68.6% | 484.36% | 248.42% |
| EPS (Diluted) | 0.22▲ 0% | 1.08▲ 390.9% | 0.27▼ 75.0% | 0.60▲ 122.2% | -0.09▼ 115.0% | 0.48▲ 633.3% | -0.30▼ 162.5% | -0.12▲ 60.0% | 0.30▲ 350.0% | 0.79▲ 0% |
| EPS Growth % | 237.5% | 390.91% | -75% | 122.22% | -115% | 633.33% | -162.5% | 60% | 350% | 236.33% |
| EPS (Basic) | 0.22 | 1.08 | 0.27 | 0.60 | -0.09 | 0.48 | -0.30 | -0.12 | 0.37 | - |
| Diluted Shares Outstanding | 2.62B | 2.62B | 2.61B | 2.06B | 2.06B | 2.06B | 2.02B | 1.89B | 2.01B | 1.58B |
Aegon Ltd. (AEG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 425.94B | 396.29B | 392.63B | 440.35B | 443.81B | 468.25B | 401.79B | 301.58B | 327.39B | 310.63B |
| Asset Growth % | 2.53% | -6.96% | -0.92% | 12.15% | 0.79% | 5.51% | -14.19% | -24.94% | 8.56% | -10.68% |
| Total Investment Assets | 367.67B | 336.22B | 339.9B | 239.88B | 259.13B | 263.61B | 316.76B | 186.91B | 352.54B | 3M |
| Long-Term Investments | 173.91B | 149.85B | 138B | 148.67B | 158.5B | 162.24B | 255.85B | 186.91B | 297.83B | 812.93B |
| Short-Term Investments | 111.09B | 90.51B | 86.25B | 91.21B | 100.63B | 101.37B | 60.91B | 0 | 54.72B | 50.48B |
| Total Current Assets | 130.97B | 109.37B | 101.01B | 110.12B | 115.83B | 113.88B | 73.19B | 7.64B | 30.33B | 0 |
| Cash & Equivalents | 11.35B | 10.77B | 8.74B | 12.25B | 8.37B | 6.89B | 3.41B | 4.07B | 3.47B | 3.2B |
| Receivables | 0 | 0 | 6.02B | 6.66B | 6.83B | 5.62B | 7.86B | 3.57B | 3.83B | 3.83B |
| Other Current Assets | 0 | 0 | 0 | 25.69B | 0 | 18.79B | 108.67B | 0 | -31.69B | -53.68B |
| Goodwill & Intangibles | 1.82B | 1.63B | 1.73B | 1.56B | 1.39B | 1.33B | 1.24B | 504M | 575M | 2.24B |
| Goodwill | 294M | 293M | 385M | 392M | 376M | 392M | 316M | 291M | 345M | 0 |
| Intangible Assets | 1.53B | 1.34B | 1.34B | 1.17B | 1.01B | 941M | 924M | 213M | 230M | 525M |
| PP&E (Net) | 572M | 530M | 235M | 255M | 211M | 199M | 158M | 150M | 400M | 0 |
| Other Assets | -87M | -79M | -360M | -193M | -101M | -131M | -169.4B | 77.17B | 28.59B | 29.81B |
| Total Liabilities | 401.2B | 371.9B | 370.07B | 415.91B | 419.15B | 441.88B | 387.6B | 292.03B | 318.08B | 301.25B |
| Total Debt | 14.08B | 14.53B | 13.66B | 12.02B | 11.07B | 12.23B | 6.67B | 4.92B | 5B | 4.27B |
| Net Debt | 2.73B | 3.76B | 4.92B | -234M | 2.71B | 5.34B | 3.27B | 843M | 1.53B | 1.07B |
| Long-Term Debt | 14.08B | 14.53B | 13.58B | 11.65B | 10.73B | 11.98B | 6.46B | 4.68B | 4.74B | 4.27B |
| Short-Term Debt | 0 | 0 | 82M | 58M | 72M | 0 | 0 | 32M | 37M | 0 |
| Total Current Liabilities | 5.34B | 4.65B | 2.95B | 3.31B | 2.82B | 3.08B | 2.17B | 9.2B | 7.32B | 0 |
| Accounts Payable | 4.21B | 4.58B | 2.87B | 3.26B | 2.75B | 3.08B | 1.14B | 2.11B | 1.32B | 0 |
| Deferred Revenue | 0 | 0 | 12M | 11M | 10M | 9M | 9M | 0 | 0 | 0 |
| Other Current Liabilities | -7.64B | -51M | -3.45B | -3.52B | -4.18B | -2.71B | -2.23B | 6.73B | 5.63B | 0 |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 64M |
| Other Liabilities | -16.28B | -14.53B | -13.6B | 0 | 0 | 0 | 364.24B | 280.01B | 313.33B | 296.98B |
| Total Equity | 24.73B▲ 0% | 24.39B▼ 1.4% | 22.57B▼ 7.5% | 24.44B▲ 8.3% | 24.66B▲ 0.9% | 26.37B▲ 6.9% | 14.19B▼ 46.2% | 9.43B▼ 33.6% | 9.31B▼ 1.2% | 9.39B▲ 0% |
| Equity Growth % | -5.78% | -1.41% | -7.46% | 8.3% | 0.9% | 6.94% | -46.19% | -33.57% | -1.2% | -9.49% |
| Shareholders Equity | 24.72B | 24.37B | 22.55B | 24.42B | 24.59B | 26.18B | 10.76B | 7.55B | 9.19B | 9.26B |
| Minority Interest | 16M | 20M | 22M | 20M | 75M | 196M | 176M | 129M | 126M | 130M |
| Retained Earnings | 7.61B | 9.7B | 9.99B | 10.67B | 10.33B | 12.17B | 7.77B | 5.1B | 4.35B | 4.08B |
| Common Stock | 20.91B | 20.57B | 321M | 323M | 320M | 321M | 319M | 265M | 241M | 241M |
| Accumulated OCI | 4.91B | 2.86B | 1.76B | 3.93B | 4.39B | 6.93B | -3.52B | -4.4B | -3.83B | -3.88B |
| Return on Equity (ROE) | 2.3% | 9.61% | 3.02% | 5.27% | 0.18% | 7.76% | -2.81% | -1.52% | 7.34% | 13.27% |
| Return on Assets (ROA) | 0.14% | 0.57% | 0.18% | 0.3% | 0.01% | 0.43% | -0.13% | -0.05% | 0.22% | 0.4% |
| Equity / Assets | 5.81% | 6.15% | 5.75% | 5.55% | 5.56% | 5.63% | 3.53% | 3.13% | 2.84% | 3.02% |
| Debt / Equity | 0.57x | 0.60x | 0.61x | 0.49x | 0.45x | 0.46x | 0.47x | 0.52x | 0.54x | 0.54x |
| Book Value per Share | 9.43 | 9.32 | 8.66 | 11.89 | 11.98 | 12.82 | 7.01 | 4.98 | 4.63 | 5.94 |
| Tangible BV per Share | 8.74 | 8.69 | 7.99 | 11.13 | 11.31 | 12.17 | 6.40 | 4.72 | 4.35 | 5.60 |
Aegon Ltd. (AEG) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 3.31B | 554M | 517M | 7.3B | -2.85B | -1.8B | 2.85B | 864M | 762M | 762M |
| Operating CF Growth % | 262.25% | -83.27% | -6.68% | 1312.38% | -139.09% | 37.07% | 258.74% | -69.69% | -11.81% | 23.33% |
| Operating CF / Revenue % | 6.67% | 1.04% | 3.55% | 11.94% | -7.02% | -3.86% | -13.17% | 6.66% | 3.9% | 2.59% |
| Net Income | 610M | 2.53B | 751M | 1.46B | -364M | 2.4B | -922M | -162M | 660M | 1.25B |
| Depreciation & Amortization | 1.21B | 781M | 1.31B | 1.19B | 722M | 1.17B | 1.16B | 34M | -31M | -123M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 48M | 54M | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | -48M | 0 | 0 | 0 |
| Other Non-Cash Items | -10.31B | -13.19B | 18.86B | -24.57B | -22.96B | -12.73B | 63.45B | -9.69B | -11.97B | -18.43B |
| Working Capital Changes | 11.81B | 10.43B | -20.41B | 29.23B | 19.75B | 7.36B | -60.84B | 10.63B | 12.1B | 17.95B |
| Cash from Investing | -1.08B | -1.2B | -438M | -86M | -139M | -54M | 616M | -2B | 300M | 559M |
| Capital Expenditures | -88M | -101M | -123M | -148M | -120M | -112M | -98M | -116M | -51M | -77M |
| Acquisitions | -990M | -1.1B | -428M | -132M | -166M | -38M | 570M | -1.95B | 7M | -2M |
| Purchase of Investments | -112M | -121M | -146M | -269M | -305M | -98M | -130M | 0 | 0 | 0 |
| Sale/Maturity of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K |
| Other Investing | 3M | 1M | 113M | 462M | 298M | 133M | 89M | 72M | 305M | 631.5M |
| Cash from Financing | -457M | 519M | -2.4B | -3.73B | -778M | 300M | -1.83B | -3.24B | -1.75B | -2.46B |
| Dividends Paid | -306M | -294M | -328M | -309M | -63M | -121M | -167M | -494M | -521M | -572.5M |
| Share Repurchases | -623M | -266M | -248M | -318M | -59M | -231M | -597M | -1.07B | -925M | -1.44B |
| Stock Issued | 0 | 2M | 0 | 1M | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -3M |
| Other Financing | -177M | 0 | -336M | 1.79B | -115M | -203M | -75M | -76M | -63M | 35M |
| Net Change in Cash | 1.75B▲ 0% | -321M▼ 118.3% | -2.28B▼ 610.9% | 3.52B▲ 254.2% | -3.89B▼ 210.6% | -1.48B▲ 61.9% | 1.6B▲ 208.0% | -4.41B▼ 375.4% | -605M▲ 86.3% | 6.58B▲ 0% |
| Exchange Rate Effect | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 2M |
| Cash at Beginning | 9.59B | 11.35B | 11.03B | 8.74B | 12.26B | 8.37B | 6.89B | 8.49B | 4.07B | 0 |
| Cash at End | 11.35B | 11.03B | 8.74B | 12.26B | 8.37B | 6.89B | 8.49B | 4.07B | 3.47B | 3.2B |
| Free Cash Flow | 3.22B▲ 0% | 453M▼ 85.9% | 394M▼ 13.0% | 7.15B▲ 1715.7% | -2.97B▼ 141.6% | -1.91B▲ 35.8% | 2.75B▲ 244.3% | 799M▼ 71.0% | 711M▼ 11.0% | 509M▲ 0% |
| FCF Growth % | 317.49% | -85.94% | -13.02% | 1715.74% | -141.57% | 35.84% | 244.29% | -70.98% | -11.01% | -56.14% |
| FCF Margin % | 6.5% | 0.85% | 2.71% | 11.7% | -7.32% | -4.1% | -12.72% | 6.16% | 3.64% | 1.73% |
| FCF per Share | 1.23 | 0.17 | 0.15 | 3.48 | -1.45 | -0.93 | 1.36 | 0.42 | 0.35 | 0.35 |
Aegon Ltd. (AEG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | -84.69% | -81.65% | -91.36% | -97.83% | 7.08% | 88.99% | 103.83% | 157.54% | 96.63% | 65.53% |
| Medical Cost Ratio | 6.84% | 6.2% | 0% | 0% | 0% | 78.49% | 113.98% | 136.28% | 0% | 0% |
| Return on Equity (ROE) | 2.3% | 9.61% | 3.02% | 5.27% | 0.18% | 7.76% | -2.81% | -1.52% | 7.34% | 13.27% |
| Return on Assets (ROA) | 0.14% | 0.57% | 0.18% | 0.3% | 0.01% | 0.43% | -0.13% | -0.05% | 0.22% | 0.4% |
| Equity / Assets | 5.81% | 6.15% | 5.75% | 5.55% | 5.56% | 5.63% | 3.53% | 3.13% | 2.84% | 3.02% |
| Book Value / Share | 9.43 | 9.32 | 8.66 | 11.89 | 11.98 | 12.82 | 7.01 | 4.98 | 4.63 | 5.94 |
| Debt / Equity | 0.57x | 0.60x | 0.61x | 0.49x | 0.45x | 0.46x | 0.47x | 0.52x | 0.54x | 0.54x |
| Revenue Growth | 57.75% | 7.01% | -72.59% | 320.15% | -33.5% | 14.39% | -146.54% | 159.96% | 50.4% | -10.94% |
Aegon Ltd. (AEG) stock FAQ — growth, dividends, profitability & financials explained
Aegon Ltd. (AEG) grew revenue by 50.4% over the past year. This is strong growth.
Yes, Aegon Ltd. (AEG) is profitable, generating $1.25B in net income for fiscal year 2024 (3.5% net margin).
Yes, Aegon Ltd. (AEG) pays a dividend with a yield of 3.72%. This makes it attractive for income-focused investors.
Aegon Ltd. (AEG) has a return on equity (ROE) of 7.3%. This is below average, suggesting room for improvement.
Aegon Ltd. (AEG) has a combined ratio of 0.0%. A ratio below 100% indicates underwriting profitability.
Aegon Ltd. (AEG) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates