Athene Holding Ltd. ATHS

Financials SIC 6311 - Life Insurance NAICS Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers › Direct Life, Health, and Medical Insurance Carriers › Direct Life Insurance Carriers derived NYSE

We are a leading financial services company that specializes in issuing, reinsuring and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Apollo Global Management, Inc. (AGM, and together with its subsidiaries other than us or our subsidiaries, Apollo) (NYSE: APO) is the beneficial owner of 100% of our common stock and controls all of the voting power to elect our board of directors.

We focus on generating spread income by combining our two core competencies of (1) sourcing long-term, persistent liabilities and (2) using the global scale and reach of Apollo's asset management business to actively source or originate assets with our preferred risk and return characteristics. Our investment philosophy is to invest a portion of our assets in securities that earn an incremental yield by taking measured liquidity and complexity risk and capitalize on our long-dated, persistent liability profile to prudently achieve higher net investment earned rates, rather than assuming incremental credit risk. Our differentiated investment strategy benefits from our relationship with Apollo, which provides a full suite of services for our investment portfolio, including direct investment management, asset allocation, mergers and acquisitions asset diligence, and certain operational support services including investment compliance, tax, legal and risk management support. Our relationship with Apollo provides us with access to Apollo's investment professionals around the world, as well as Apollo's global asset management infrastructure across a broad array of asset classes. We are led by a highly skilled management team with extensive industry experience.

Last close 23.29 2026-10-23
Market cap $4.7M 2026-06-30 share count
52-week range 22.90 - 25.60

Valuation FY2025 figures against the last close

P/S0.0x
P/E—
P/FCF0.0x
EV/EBITDA—
Dividend yield15,842.9%
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $25.68B$20.69B$28.19B$7.62B$26.32B$14.76B$16.26B$6.64B$8.79B$4.11B
Pre-tax income $5.11B$5.63B$4.59B-$5.66B$4.19B$2.21B$2.30B$1.18B$1.46B$712.0M
Income tax $886.0M$730.0M$1.16B$646.0M$386.0M$285.0M$117.0M$122.0M$106.0M$61.0M
Net income $2.71B$3.46B$4.67B-$2.91B$3.86B$1.54B$2.17B$1.05B$1.36B$773.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $16.89B$14.26B$14.88B$8.77B$10.43B$8.44B$4.64B$3.40B$5.00B$2.52B
Goodwill $4.07B$4.06B$4.07B$4.06B$0—————
Other intangibles $1.64B$1.72B————————
Total assets $442.20B$363.34B$300.58B$243.93B$235.15B$202.77B$146.88B$125.50B$100.16B$86.70B
Short-term debt —————$0$475.0M———
Long-term debt $7.85B$6.31B$4.21B$3.66B$2.96B$1.98B$992.0M———
Total liabilities $406.57B$337.47B$279.34B$233.38B$212.97B$182.63B$132.73B$117.23B$90.98B$79.84B
Retained earnings $3.90B$2.24B-$92.0M-$3.64B$11.03B$8.07B$6.94B$5.29B$4.25B$3.07B
Total equity $20.49B$16.36B$21.23B$10.55B$22.55B$20.14B$14.14B$8.28B$9.18B$6.88B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $5.16B$1.88B$4.98B$6.26B$10.29B$4.15B$2.66B$2.87B$3.17B$1.20B
Investing cash flow -$63.80B-$61.92B-$43.65B-$34.38B-$27.93B-$14.82B-$9.96B-$8.17B-$5.77B-$2.66B
Financing cash flow $61.28B$59.42B$44.77B$26.47B$19.63B$14.49B$8.54B$3.71B$5.05B$1.16B
Dividends paid $752.0M$452.0M$937.0M$1.31B$0$0————
Buybacks ——$0$0$8.0M$428.0M$832.0M$105.0M——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001527469-26-000013.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -10B 0 10B 20B 30B Revenue, FY2016: 4.1B Net income, FY2016: 773M Revenue, FY2017: 8.8B Net income, FY2017: 1.4B Revenue, FY2018: 6.6B Net income, FY2018: 1.1B Revenue, FY2019: 16.3B Net income, FY2019: 2.2B Revenue, FY2020: 14.8B Net income, FY2020: 1.5B Revenue, FY2021: 26.3B Net income, FY2021: 3.9B Revenue, FY2022: 7.6B Net income, FY2022: -2.9B Revenue, FY2023: 28.2B Net income, FY2023: 4.7B Revenue, FY2024: 20.7B Net income, FY2024: 3.5B Revenue, FY2025: 25.7B Net income, FY2025: 2.7B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $4.11B $8.79B $6.64B $16.26B $14.76B $26.32B $7.62B $28.19B $20.69B $25.68B
Gross profit — — — — — — — — — —
Net income $773.0M $1.36B $1.05B $2.17B $1.54B $3.86B -$2.91B $4.67B $3.46B $2.71B

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6311

TickerCompanyMarket capP/ERevenue growth
MET METLIFE INC $62.80B 21.0x 8.5%
PRU PRUDENTIAL FINANCIAL INC $39.67B 11.5x -13.7%
RGA REINSURANCE GROUP OF AMERICA INC $17.24B 14.9x 7.2%
CRBG Corebridge Financial, Inc. $15.21B — -1.2%
GL GLOBE LIFE INC. $11.90B 11.0x 3.7%
JXN Jackson Financial Inc. $8.82B — 104.3%
VOYA Voya Financial, Inc. $8.68B 15.2x 4.9%
PRI Primerica, Inc. $8.45B 12.0x 6.6%