Filing Flows › American National Group (ANG-PD) › Q4 2024
American National Group (ANG-PD) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
American National Group (ANG-PD) reported revenue of $3.7B for the fourth quarter 2024 (Q4 2024), +146% from a year earlier and +85% from the quarter before. Operating margin was 22.0%, net earnings $649M (17.5% of revenue).
American National Group, Q4 2024: revenue $3.7B (+146% year over year), operating margin 22.0%, net earnings $649M, operating cash flow $418M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | +85% | +146% |
| Operating profit | $818M | — | +227% |
| Net earnings | $649M | — | +183% |
| Operating cash flow | $418M | -43% | -18% |
What changed
Revenue was $3.7B in Q4 2024, up 146% year over year and up 85% from the previous quarter.
Operating profit was $0.82B, a 22.0% margin (up 5.5 points year over year). Of the extra revenue versus a year earlier, 26% reached operating profit, above the 17% margin then. Total costs grew 129% against revenue growth of 146%. Net earnings were $0.65B, up 183% year over year. The effective tax rate was 13.6%.
Operating cash flow was $0.42B (down 18% year over year), 64% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization. Working capital and other items used $0.26B. Capital expenditures of −$0.02B left free cash flow of $0.44B.
Questions
What was American National Group's revenue in the fourth quarter 2024?
American National Group (ANG-PD) reported revenue of $3.7B for the fourth quarter 2024 (Q4 2024), +146% from a year earlier and +85% from the quarter before.
Was American National Group profitable in the fourth quarter 2024?
Operating profit was $818M (22.0% of revenue) and net earnings $649M.