AIG Q1 2024 Earnings — American International Group, Inc. Revenue & Financial Results | Market Cap Arena

AIGAmerican International Group, Inc.

$42B

Q1 2024 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$6.8B-38.7% YoY

Gross Profit

$1.2B18.0% margin

Operating Income

$1.1B15.6% margin

Net Income

$1.2B18.0% margin

EPS (Diluted)

$1.74

QoQ Revenue Growth

-32.1%

Cash Flow

Operating Cash Flow

$519M

Free Cash Flow

$519M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$544.1B

Total Liabilities

$495.0B

Stockholders' Equity

$43.4B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.8B	$11.0B	-38.7%
Gross Profit	$1.2B	$11.0B	-89.0%
Operating Income	$1.1B	-$231M	+558.0%
Net Income	$1.2B	$30M	+3953.3%

Revenue Segments

General Insurance Segment

$6.5B98%

Corporate Nonsegment and Reconciling Items

$96M1%

Total Reconciling Items

$13M0%