AIG Q2 2024 Earnings — American International Group, Inc. Revenue & Financial Results | Market Cap Arena

AIGAmerican International Group, Inc.

$42B

Q2 2024 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$6.6B-12.0% YoY

Gross Profit

$2.3B34.4% margin

Operating Income

$617M9.4% margin

Net Income

-$4.0B-60.5% margin

EPS (Diluted)

$-5.96

QoQ Revenue Growth

-3.0%

Cash Flow

Operating Cash Flow

$930M

Free Cash Flow

$930M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$167.9B

Total Liabilities

$123.4B

Stockholders' Equity

$44.4B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$7.5B	-12.0%
Gross Profit	$2.3B	$7.5B	-69.7%
Operating Income	$617M	$886M	-30.4%
Net Income	-$4.0B	$1.5B	-366.4%

Revenue Segments

General Insurance Segment

$6.5B98%

Corporate Nonsegment and Reconciling Items

$139M2%