ATHS (Athene Holding Ltd. 7.250% Fixe) Stock Financials & Earnings | Market Cap Arena

ATHS (Athene Holding Ltd. 7.250% Fixe) Stock Financials & Earnings | Market Cap Arena

ATHSAthene Holding Ltd. 7.250% Fixe

Mkt Cap$5B

Financial Services·Asset Management·🇺🇸 United States·NYSE

Revenue (TTM)$25.7B

Net Income (TTM)$2.7B

EPS (TTM)$0.00

Free Cash Flow (TTM)$61M

Gross Margin0.0%

Op. Margin0.0%

Net Margin10.6%

FCF Margin0.2%

P/S Ratio (TTM)0.2x

P/E Ratio (TTM)1.9x

YoY Rev Growth+24.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q2 20	$4.4B	$4.4B	$993M
Q3 20	$3.2B	$3.2B	$792M
Q4 20	$8.5B	$8.5B	$1.3B
Q1 21	$4.4B	$4.4B	$139M
Q2 21	$6.4B	$6.4B	$2.0B
Q3 21	$8.7B	$8.7B	$720M
Q4 21	$6.8B	$6.8B	$1.3B
Q4 24	-$1.2B	-$21.9B	-$4.0B
Q1 25	$4.2B	$0	$0
Q2 25	$5.4B	$0	$0
Q3 25	$8.0B	$0	$0
Q4 25	$8.1B	$0	$0

Valuation

Quarter	P/S	P/E
Q2 20	0.5x	9.4x
Q3 20	0.5x	5.6x
Q4 20	0.3x	3.3x
Q1 21	0.2x	1.6x
Q2 21	0.2x	1.3x
Q3 21	0.2x	1.3x
Q4 21	0.2x	1.3x
Q4 24	0.2x	1.1x
Q1 25	0.3x	1.4x
Q2 25	0.3x	1.6x
Q3 25	0.3x	1.5x
Q4 25	0.2x	1.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	$771M	$771M
Q2 20	$631M	$631M
Q3 20	-$477M	-$477M
Q4 20	$3.2B	$3.2B
Q1 21	$1.6B	$1.6B
Q2 21	$872M	$872M
Q3 21	$4.8B	$4.8B
Q4 24	-$7.6B	-$7.6B
Q1 25	$426M	$426M
Q2 25	-$3.3B	-$3.3B
Q3 25	$5.0B	$5.0B
Q4 25	-$2.1B	-$2.1B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 20	+30.7%	+30.2%
Q3 20	-29.1%	-43.2%
Q4 20	+148.1%	+149.4%
Q1 21	+447.7%	+8292.3%
Q2 21	+45.4%	+29.4%
Q3 21	+173.5%	+233.7%
Q4 21	-20.2%	-24.2%
Q4 24	-127.8%	-34.9%
Q1 25	-34.6%	-5.1%
Q2 25	-38.6%	-33.1%
Q3 25	+17.9%	+45.5%
Q4 25	+765.6%	+193.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$0	—
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q4 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$0	0.0%
Q3 21	$0	0.0%
Q4 24	$0	—
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 20	$6.2B	$79.2B	$85.4B
Q3 20	$7.5B	$79.0B	$86.6B
Q4 20	$7.7B	$89.6B	$97.3B
Q1 21	$6.4B	$93.1B	$99.5B
Q2 21	$8.1B	$100.0B	$108.0B
Q3 21	$7.8B	$107.5B	$115.3B
Q4 21	$9.6B	$110.7B	$120.3B
Q4 24	$807M	$0	$807M
Q1 25	$11.0B	$71M	$11.1B
Q2 25	$10.3B	$16M	$10.3B
Q3 25	$14.2B	$22M	$14.2B
Q4 25	$15.0B	$192.6B	$207.6B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q2 20	197M	+1.3%
Q3 20	197M	+0.1%
Q4 20	196M	-0.6%
Q1 21	197M	+0.5%
Q2 21	198M	+0.7%
Q3 21	199M	+0.3%
Q4 21	192M	-3.6%
Q4 24	0	-100.0%
Q1 25	192M	—
Q2 25	192M	+0.0%
Q3 25	192M	+0.0%
Q4 25	0	-100.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 13	—	—
FY 14	—	—
FY 15	—	—
FY 16	$4M	1K
FY 17	$8M	1K
FY 18	$5M	1K
FY 19	$12M	1K
FY 20	$11M	1K
FY 21	$19M	1K
FY 24	$10M	2K
FY 25	$13M	2K