American Equity Investment Life Holding Company

American Equity Investment Life Holding Company is an industry leader in the development and sale of fixed index and fixed rate annuity products. The Company is licensed to sell its products in all 50 states and the District of Columbia. Its business strategy is to focus primarily on our annuity business and earn predictable returns by managing investment spreads and investment risk. The persistence in anticipating and being responsive to the product and service needs of American Equity's independent agents and policyholders will lead to increased customer loyalty, revenues and profitability. 

Company Growth (employees)
Type
Public
HQ
West Des Moines, US
Founded
1996
Size (employees)
530 (est)
American Equity Investment Life Holding Company was founded in 1996 and is headquartered in West Des Moines, US

American Equity Investment Life Holding Company Office Locations

American Equity Investment Life Holding Company has an office in West Des Moines
West Des Moines, US (HQ)
6000 Westown Pkwy

American Equity Investment Life Holding Company Financials and Metrics

American Equity Investment Life Holding Company Financials

American Equity Investment Life Holding Company's revenue was reported to be $2.2 b in FY, 2016
USD

Revenue (Q2, 2017)

819.1 m

Net income (Q2, 2017)

26.9 m

Market capitalization (13-Nov-2017)

2.6 b

Cash (30-Jun-2017)

1.6 b

EV

1.2 b
American Equity Investment Life Holding Company's current market capitalization is $2.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.6 b2.2 b1.5 b2.2 b

Revenue growth, %

(17%)(30%)46%

Pre tax profit

196.1 m337.3 m130.2 m

Income tax expense

70 m117.5 m47 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

572.9 m445.5 m670.7 m460.4 m409 m441.1 m127 m417.6 m549.8 m630.1 m927.3 m819.1 m

Operating expense total

487.2 m460.1 m615.2 m356.1 m400 m314.5 m(21.8 m)486.7 m527.1 m641 m845.8 m778.9 m

Pre tax profit

85.7 m(14.6 m)55.6 m104.3 m9 m126.6 m148.7 m(69.1 m)22.7 m(11 m)81.5 m40.3 m

Income tax expense

29.5 m(4.9 m)18.8 m36.5 m3.1 m43.8 m51.4 m(24.3 m)8 m(3.6 m)27.5 m13.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

897.5 m701.5 m397.7 m791.3 m

Inventories

44.8 b

Total Assets

39.6 b44 b49 b56.1 b

Short-term debt

246.1 m246.2 m246.5 m241.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

934.9 m679.2 m1.5 b788.8 m293.8 m733.8 m523.6 m707.2 m1.5 b812.8 m1.2 b1.6 b

Inventories

29.8 b32 b33.1 b34.6 b37.6 b37.2 b38.4 b41.6 b43.3 b45.8 b46 b47.9 b

Total Assets

38.7 b40.5 b42 b43 b45.4 b46.2 b47.1 b51.3 b53.7 b55.8 b57.5 b59.6 b

Short-term debt

246 m246.1 m246.1 m246.2 m246.3 m246.3 m246.4 m241.6 m241.7 m241.8 m241.9 m242 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

253.3 m126 m219.8 m83.2 m

Cash From Operating Activities

862.7 m707.8 m504.8 m1.4 b

Cash From Investing Activities

(3.9 b)(2.9 b)(5.6 b)(4.5 b)

Dividends Paid

(12.6 m)(15 m)(17.9 m)(21.1 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

202.3 m(9.8 m)27 m94.8 m5.9 m88.7 m186.1 m(44.8 m)(30.1 m)(37.6 m)53.9 m80.9 m

Cash From Operating Activities

604.4 m48.2 m395.4 m487.4 m(140.2 m)265.5 m71.1 m141.6 m422.4 m944.5 m497.9 m831.1 m

Cash From Investing Activities

(3.3 b)(626.6 m)(716.7 m)(2.2 b)(1.1 b)(2.3 b)(3.6 b)(956.1 m)(1.4 b)(3.5 b)(519.9 m)(1.4 b)

Long-term Borrowings

(100 m)
Y, 2017

EV/CFO

1.5 x

Financial Leverage

22.5 x
Show all financial metrics

American Equity Investment Life Holding Company Operating Metrics

FY, 2014FY, 2015FY, 2016

Locations

505050
Show all operating metrics

American Equity Investment Life Holding Company Market Value History

American Equity Investment Life Holding Company's Web-traffic and Trends

American Equity Investment Life Holding Company Online and Social Media Presence

American Equity Investment Life Holding Company Company Life and Culture

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