Athene Holding Ltd

ATH-PA · NYSE · Financial Services / Insurance - Life

22.33USD-0.07 (-0.31%)

Price History

Full chart

Market Stats

Previous Close22.40

Open22.36

Day Range22.32 – 22.43

52-Week Range22.50 – 24.05

Volume140.44K

Market Cap7.56B

P/E (TTM)2.89

Forward P/E0.00

EPS7.96

Dividend Yield6.77%

Beta1.81

50-Day Avg23.82

200-Day Avg24.21

About

Athene Holding Ltd., through its subsidiaries, engages in providing financial services, such as issuing, reinsuring, and acquiring retirement savings products for individuals and institutions in the United States and internationally. It offers fixed indexed, fixed rate, registered index-linked, private placement variable, income riders to fixed, payout, and group annuities. The company also provides life and other products that include life insurance policies assumed through reinsurance transactions and other retail products, including legacy run-off or ceded business and statutory closed blocks. In addition, it issues funding agreements to institutional investors; and offers a suite of services for investment portfolio, including direct investment management, asset allocation, mergers and acquisitions asset diligence, and operational support services, including investment compliance, tax, legal, and risk management support. Athene Holding Ltd. distributes its products through various channels that include retail, flow reinsurance, institutional, and acquisitions and block reinsurance. The company was founded in 2008 and is based in West Des Moines, Iowa.

Company Details

SectorFinancial Services
IndustryInsurance - Life
CEOMr. Grant Kvalheim
Employees1.97K
Headquarters7700 Mills Civic Parkway, West Des Moines, IA, United States, 50266, USA
Websitehttps://www.athene.com

Leadership

Mr. James Richard BelardiCo-Founder, Chief Investment Officer & Executive Chairman · b. 1957
Mr. Grant KvalheimCEO & Director · b. 1956
Mr. Louis-Jacques Yves TanguyExecutive VP & CFO
Mr. Michael Stephen DowningExecutive VP, COO & Co-President of Athene USA · b. 1970
Mr. Sean Christopher BrennanExecutive VP, Chief Commercial Officer & Co-President of Athene USA · b. 1980
Mr. Douglas NiemannExecutive VP & Chief Risk Officer · b. 1970
Mr. Matthew Russell MicheliniPresident · b. 1982
Ms. Sarah Jean VanBeck CPASenior VP, Corporate Controller & Principal Accounting Officer · b. 1965
Mr. Randall William EprightExecutive VP & Chief Information Officer · b. 1963
Mr. Brett G. GibsonEVP & Head of Investor Relations

Financials

Income Statement

Currency: USD	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.60B	4.10B	2.62B	4.11B	8.73B	6.54B	16.26B	14.83B	26.32B	7.62B	28.19B	20.69B	25.68B
Growth (%)	-	+156.73%	-36.20%	+57.00%	+112.49%	-25.03%	+148.48%	-8.76%	+77.44%	-71.04%	+269.85%	-26.62%	+24.11%
Cost of Revenue	-	-	1.46B	616.00M	672.00M	625.00M	744.00M	855.00M	1.10B	7.62B	28.19B	-	-
Gross Profit	1.60B	4.10B	2.62B	4.11B	8.73B	6.54B	16.26B	14.83B	26.32B	6.13B	28.19B	20.69B	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	80.41%	100.00%	100.00%	-
Operating Expense	654.00M	3.54B	2.01B	3.33B	7.19B	5.37B	13.97B	13.01B	22.07B	11.79B	23.60B	15.05B	-
Operating Income	943.00M	556.00M	608.00M	774.00M	1.53B	1.18B	2.29B	1.83B	4.25B	-5.66B	4.59B	5.63B	-
Operating Margin	59.05%	13.56%	23.24%	18.85%	17.59%	17.96%	14.08%	12.31%	16.13%	-74.28%	16.28%	27.23%	-
EBITDA	943.00M	556.00M	608.00M	774.00M	1.53B	1.18B	2.29B	1.83B	4.25B	-5.66B	4.59B	-	-
EBITDA Margin	59.05%	13.56%	23.24%	18.85%	17.59%	17.96%	14.08%	12.31%	16.13%	-74.28%	16.28%	-	-
Net Income	916.00M	463.00M	562.00M	805.00M	1.45B	1.05B	2.17B	1.54B	3.80B	-2.91B	4.67B	3.46B	2.71B
Net Income Margin	57.36%	11.29%	21.48%	19.60%	16.59%	16.09%	13.36%	10.39%	14.44%	-38.17%	16.55%	16.73%	10.56%
R&D	-	-	0	0	0	0	-	-	-	-	-	-	-
R&D as % of Total Revenue	-	-	0.00%	0.00%	0.00%	0.00%	-	-	-	-	-	-	-
Interest Expense	35.00M	39.00M	32.00M	21.00M	0	0	0	4.88B	59.00M	2.09B	-	-	-
Interest Expense % of Total Revenue	2.19%	0.95%	1.22%	0.51%	0.00%	0.00%	0.00%	32.93%	0.22%	27.44%	-	-	-

Balance Sheet

Currency: USD	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	82.68B	80.85B	86.72B	99.75B	125.50B	146.13B	201.29B	233.10B	239.57B	300.58B	24.49B	442.20B
Total Liabilities	-	78.12B	75.49B	79.81B	90.54B	117.23B	132.73B	182.63B	212.97B	233.38B	279.34B	8.13B	10.22B
Total Equity	-	4.55B	5.36B	6.91B	9.21B	8.28B	13.39B	18.66B	20.13B	6.19B	21.23B	16.36B	20.49B
Cash	-	2.64B	2.72B	2.46B	4.89B	2.91B	4.24B	7.70B	9.63B	8.14B	13.12B	807.00M	14.99B
Total Debt	-	2.02B	500.00M	-	-	991.00M	1.47B	1.98B	2.96B	3.66B	4.21B	6.31B	-
Net Debt	-	-621.00M	-2.22B	-2.46B	-4.89B	-1.92B	-2.77B	-5.73B	-6.67B	-5.11B	-8.91B	-807.00M	-14.99B

Cash Flow

Currency: USD	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	409.00M	599.00M	1.05B	1.20B	3.17B	2.87B	2.66B	4.15B	10.29B	6.26B	4.98B	-336.00M	61.00M
Investing Cash Flow	3.00B	1.33B	-52.00M	-2.60B	-5.82B	-8.17B	-9.96B	-14.82B	-27.93B	-34.38B	-	-1.79B	-802.00M
Financing Cash Flow	-741.00M	-2.33B	-911.00M	1.16B	5.05B	3.71B	8.54B	14.49B	18.87B	23.21B	40.08B	2.61B	877.00M
Capital Expenditure	143.00M	154.00M	173.00M	0	0	4.37B	0	1.93B	0	0	16.40B	0	0
Free Cash Flow	409.00M	599.00M	1.05B	1.20B	3.17B	2.87B	2.66B	4.15B	10.29B	6.26B	4.98B	-336.00M	61.00M
Dividends Paid	-	-	0	36.00M	36.00M	36.00M	36.00M	95.00M	141.00M	1.45B	1.07B	226.00M	161.00M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-	0.00%	3.00%	1.14%	1.25%	1.36%	2.29%	1.37%	23.23%	21.53%	-67.26%	263.93%

Key Statistics & Ratios

Market Cap7.56B

Enterprise Value-229.32M

Trailing P/E2.89

Forward P/E0.00

Price / Sales0.29

Price / Book0.00

EPS7.96

Book Value91,047.81

Revenue (TTM)28.95B

Gross Profit (TTM)8.10B

Profit Margin2.88%

Operating Margin23.61%

Return on Equity9.31%

Return on Assets0.94%

Shares Outstanding199.76M

Shares Float203.81M

Beta1.81

Dividend Yield6.77%

Dividend Rate1.59

Payout Ratio0.00%

Ownership Breakdown

Institutions: 7.40%
Insiders: 0.00%
Retail / Other: 92.60%

Top Institutional Holders

Pelican Bay Capital Management.
46.61K0.00%
Sterling Capital Management LLC
33.00K0.00%

Dividends

20263×

0.40Sep 15, 20260.40Jun 15, 20260.40Mar 13, 2026

20254×

0.40Dec 15, 20250.40Sep 15, 20250.40Jun 13, 20250.40Mar 14, 2025

20244×

0.40Dec 13, 20240.40Sep 13, 20240.40Jun 14, 20240.40Mar 14, 2024

20234×

0.40Dec 14, 20230.40Sep 14, 20230.40Jun 14, 20230.40Mar 14, 2023

20224×

0.40Dec 14, 20220.40Sep 14, 20220.40Jun 14, 20220.40Mar 14, 2022

20214×

0.40Dec 14, 20210.40Sep 14, 20210.40Jun 14, 20210.40Mar 12, 2021

20201×

0.40Dec 14, 2020