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American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Pre-Tax Income : $297 Mil (TTM As of Dec. 2023)


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What is American Equity Investment Life Holding Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. American Equity Investment Life Holding Co's pretax income for the three months ended in Dec. 2023 was $-572 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $297 Mil. American Equity Investment Life Holding Co's pretax margin was 1,328.77%.

During the past 13 years, American Equity Investment Life Holding Co's highest Pretax Margin was 67.70%. The lowest was 7.77%. And the median was 17.34%.


American Equity Investment Life Holding Co Pre-Tax Income Historical Data

The historical data trend for American Equity Investment Life Holding Co's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Equity Investment Life Holding Co Pre-Tax Income Chart

American Equity Investment Life Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 315.57 815.96 702.79 2,431.71 297.05

American Equity Investment Life Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.12 -191.90 450.80 609.81 -571.65

Competitive Comparison of American Equity Investment Life Holding Co's Pre-Tax Income

For the Insurance - Life subindustry, American Equity Investment Life Holding Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Equity Investment Life Holding Co's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Equity Investment Life Holding Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where American Equity Investment Life Holding Co's Pre-Tax Income falls into.



American Equity Investment Life Holding Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

American Equity Investment Life Holding Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+297.052
=297

American Equity Investment Life Holding Co's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+-571.652
=-572

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $297 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Equity Investment Life Holding Co  (NYSE:AEL) Pre-Tax Income Explanation

American Equity Investment Life Holding Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-571.652/-43.021
=1,328.77%

During the past 13 years, American Equity Investment Life Holding Co's highest Pretax Margin was 67.70%. The lowest was 7.77%. And the median was 17.34%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Equity Investment Life Holding Co Pre-Tax Income Related Terms

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American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.
Executives
Aaron Boushek officer: Controller 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Jeffrey D Lorenzen officer: Sr. Vice President-Investments 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Axel Andre officer: Chief Financial Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Robert L Howe director 5000 WESTOWN PARKWAY, SUITE 440, WEST DES MOINES IA 50266
Anant Bhalla director, officer: President 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
James Louis Hamalainen officer: EVP & CCSO, AEILIC 6000 WESTOWN PKWY, WEST DES MOINES IA 50266
Dewayne Lummus officer: SVP & Chief Accounting Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266-9024
Michael E Hayes director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Alan David Matula director 828 ST. CHARLES, NEW ORLEANS LA 70130
Kate Etinger officer: Chief People Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Nicholas P. Volpe officer: Chief Technology Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Gerard D. Neugent director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Ronald James Grensteiner officer: Vice President 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Joyce Ann Chapman director 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
North End Re (cayman) Spc 10 percent owner 18 FORUM LANE, 2ND FLOOR, CAMANA BAY, GRAND CAYMAN E9 KY-1102

American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Headlines

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