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AEGAegon Ltd.
$8.75$13.2B
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AEG logoAegon Ltd.(AEG)Earnings, Financials & Key Ratios

AEG•NYSE•Insurance & Managed Care
$8.75
12.8× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryDiversified InsuranceSub-IndustryLife, annuity and benefits insurers
AboutAegon Ltd. provides insurance, pensions, and asset management services in the Americas, the Netherlands, and the United Kingdom. The company offers life, accident, and health insurance; savings, pension, annuities, and mutual funds; property and casualty insurance; retirement plans and individual retirement accounts; voluntary employee benefits; and stable value solutions. It also provides debt securities; mortgage loans; derivatives; reinsurance assets; other loans; money market and short-term investments; credit risk management; disability services; and digital banking solutions. Aegon N.V. was founded in 1983 and is headquartered in The Hague, the Netherlands.Show more
  • Revenue$26.86B+37.6%
  • Combined Ratio83.89%-13.2%
  • Net Income$977M+42.0%
  • Return on Equity11.54%+57.2%
  • Medical Cost Ratio78.9%
  • Operating Margin16.11%+378.8%
  • Net Margin3.64%+3.2%
  • ROA0.3%+38.6%
  • Equity / Assets2.4%-15.6%

AEG Price & Volume

Aegon Ltd. (AEG) stock price & volume — 10-year historical chart

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Strategic Divestment Reshapes Aegon's Capital-Light Model

Investment Thesis • Updated 2025Q4

VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Strained
Cash Flow:Mixed
Primary Risk:Capital adequacy and leverage

Key Thesis Takeaways

  • Aegon is currently navigating a complex transition from a traditional insurance underwriter to a fee-based platform model, evidenced by a significant asset contraction from $424.5 billion in 2022Q3 to $317.1 billion by 2025Q4.
  • While the divestment of Dutch operations has facilitated a return to operating profitability of $365.3 million in 2025Q4, the firm's reliance on non-operating items to support net income remains a primary concern for long-term earnings quality.
  • Investors should monitor the sustainability of capital returns, as the $997.1 million distributed to shareholders in 2025Q4 significantly outpaced the firm's negative operating cash flow of $230.6 million.

Verdict Logic

while the forward P/E of 8.83 suggests potential value, the disconnect between the $389.1 million net profit and the $230.6 million operating cash flow deficit in 2025Q4 warrants significant caution.

AEG Growth Metrics

Aegon Ltd. (AEG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-1.56%
5 Years-7.95%
3 Years-
TTM188.08%

Profit CAGR

10 Years-
5 Years85.07%
3 Years-
TTM8878.91%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM2389.83%

Return on Capital

10 Years2.52%
5 Years2.99%
3 Years1.71%
Last Year1.34%

AEG Recent Earnings

Aegon Ltd. (AEG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (43%)●Beat Revenue 2/12 qtrs (100%)
Q2 2026Latest
Mar 26, 2026
Metric
Actual
Est
EPS
$0.27-43.7%
$0.48
Rev
$22.3B+201.8%
$7.4B
Q1 2026
Feb 19, 2026
Metric
Actual
Est
EPS
$0.27-43.7%
$0.48
Rev
$22.3B+195.6%
$7.5B
Q4 2025
Nov 13, 2025
Metric
Actual
Est
EPS
$0.43+45.7%
$0.30
Rev
$7.8B
—
Q1 2025
Feb 20, 2025
Metric
Actual
Est
EPS
$0.37+124.7%
$0.16
Rev
$16.9B
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 26, 2026
$0.27vs $0.48-43.7%
$22.3Bvs $7.4B+201.8%
Q1 2026Feb 19, 2026
$0.27vs $0.48-43.7%
$22.3Bvs $7.5B+195.6%
Q4 2025Nov 13, 2025
$0.43vs $0.30+45.7%
$7.8B
Q1 2025Feb 20, 2025
$0.37vs $0.16+124.7%
$16.9B
Based on last 12 quarters of dataView full earnings history →

Latest AEG News

Recent stock market news and headlines for Aegon Ltd. (AEG)

Proactive Investors·6 days ago
Active Energy completes strategic reset as UAE assets start generating revenue

Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) used its full-year results to detail a pivot from a single biomass fuel business into a diversified renewable energy and digital infrastructure company built around four strategic pillars. The centrepiece is a UAE digital infrastructure operation hosting high-performance computing for artificial intelligence and crypto mining, drawing on ultra-low-cost power in the Gulf.

GlobeNewsWire·Jun 29, 2026
Hammond Power Solutions Inc. Completes Acquisition of AEG Power Solutions

GUELPH, Ontario, June 29, 2026 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) today announced it has completed the previously disclosed acquisition of AEG Power Solutions (“AEGPS”) for approximately CAD $365 million, following receipt of all required regulatory approvals.

Proactive Investors·Jun 22, 2026
Standard Life offers scope for annual buybacks after Aegon deal, says JPMorgan

Standard Life PLC (LSE:SL.) has received a target price upgrade from JPMorgan, which said investor concerns about capital returns, retail growth and earnings quality may be overdone following the agreed acquisition of Aegon UK.

Peers Comparison

Key metrics vs top competitors for Aegon Ltd. (AEG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
AEG logoAEGAegon Ltd.Current
$8.75$13.23B12.7637.63%3.64%11.54%4.79%
MET logoMETMetLife, Inc.
$91.67$59.77B19.1010.22%4.7%12.72%—
PRU logoPRUPrudential Financial, Inc.
$115.47$40.16B11.30-14.01%5.62%10.26%—
LNC logoLNCLincoln National Corporation
$39.19$7.49B6.711.24%9.14%16.79%—
PFG logoPFGPrincipal Financial Group, Inc.
$112.88$24.38B21.50-3.11%10.03%12.72%—
EQH logoEQHEquitable Holdings, Inc.
$46.98$13.23B-9.73-6.21%-7.26%-36.74%—

Compare AEG vs Peers

Aegon Ltd. (AEG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MET

Most directly comparable listed peer for AEG.

Scale Benchmark

vs BLK

Larger-name benchmark to compare AEG against a more recognizable public peer.

Peer Set

Compare Top 5

vs MET, PRU, LNC, PFG

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AEG Frequently Asked Questions

Aegon Ltd. (AEG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Aegon Ltd. growing?

Aegon Ltd. (AEG) grew revenue by 37.6% over the past year. This is strong growth.

Is AEG profitable?

Yes, Aegon Ltd. (AEG) is profitable, generating $1.66B in net income for fiscal year 2025 (3.6% net margin).

Dividend & Returns
Does AEG pay dividends?

Yes, Aegon Ltd. (AEG) pays a dividend with a yield of 4.79%. This makes it attractive for income-focused investors.

What is AEG's return on equity?

Aegon Ltd. (AEG) has a return on equity (ROE) of 11.5%. This is reasonable for most industries.

Industry Metrics
What is Aegon Ltd.'s combined ratio?

Aegon Ltd. (AEG) has a combined ratio of 83.9%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in AEG back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →