American International Group, Inc.AIG
NYSE•Financial Services•Insurance - Diversified
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: North America Commercial, International Commercial, and Global Personal. The company offers commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; risk-sharing and other customized structured programs for large corporate and multinational customers; professional liability insurance; and marine, energy-related property insurance products, aviation, political risk, trade credit, and trade finance products. It also provides group personal accident and business travel products for employees, associations, and other organizations; voluntary and sponsor-paid personal accident and supplemental health products for individuals; and personal auto and homeowners in selected markets, comprehensive extended warranty, device protection insurance, home warranty and related services, and insurance for high net-worth individuals. In addition, the company offers mortgage and other loans receivable, such as commercial mortgages, life insurance policy loans, commercial loans, and other loans and notes receivable. American International Group, Inc. was founded in 1919 and is headquartered in New York, New York.
American International Group, I (AIG) reported trailing twelve months revenue of $26.64B as of March 2026, a 24.2% increase year-over-year. Quarterly revenue reached $6.65B, reflecting continued top-line momentum.
American International Group, I generated $3.16B in TTM net income, with quarterly EBITDA of $987.00M. The operating margin expanded from 14.2% to 14.8%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (14.8%) and net margin (11.5%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 10.3% a year ago, signaling stronger bottom-line efficiency.
AIG trades at a P/E of 12.6x (below the broader market average) and a P/S of 1.5x. The price-to-book ratio of 1.0x suggests the stock trades below its book value.
The company generated $155.00M in free cash flow over the trailing twelve months, a 376.8% increase year-over-year, indicating cash generation ability. The balance sheet shows $161.54B in total assets with no in long-term debt against $40.41B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~16.5% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 21 quarters
Operating margins dropped 21.4% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.
FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.
Limited debt-to-equity data available.
TTM revenue has contracted 23.1% — significant decline indicating deteriorating demand.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 18.6% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation