Filing Flows › American National Group (ANG-PD) › Operating margin
American National Group (ANG-PD) operating margin by quarter
American National Group's operating margin was 16.4% in Q2 2026 (second quarter 2026), +15.2 pts from Q1 2026. Over the last 6 quarters it ranged from 1.2% (Q1 2026) to 22.0% (Q4 2024).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 16.4% | +15.2 pts | +7.6 pts |
| Q1 2026 | 1.2% | -12.4 pts | — |
| Q4 2025 | 13.6% | -2.8 pts | -8.4 pts |
| Q3 2025 | 16.4% | +7.6 pts | — |
| Q2 2025 | 8.8% | -13.2 pts | — |
| Q4 2024 | 22.0% | — | — |
Q2 2026 at a glance
American National Group, Q2 2026: revenue $1.7B (+2% year over year), operating margin 16.4%, net earnings $204M, operating cash flow $691M. The chart follows the revenue to costs, profit and cash.
Questions
What is American National Group's operating margin?
American National Group's operating margin was 16.4% in Q2 2026 (second quarter 2026), +15.2 pts from Q1 2026.
How has American National Group's operating margin changed?
Over the last 6 quarters it ranged from 1.2% (Q1 2026) to 22.0% (Q4 2024).
Q2 2026 results → · How American National Group makes money →