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American Equity Investment Life Holding Company
AEL•NYSE
Financial Services
Insurance - Life
$56.47
$0.31(0.55%)

The company's financials show resilient growth, with revenue advancing from $637.88M in Q2 2023 to $831.23M in Q1 2024. Gross profit remained healthy with margins at 91% in Q1 2024 compared to 88% in Q2 2023. Operating income hit $323.34M last quarter, sustaining a consistent 39% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $326.69M. Net income rose to $343.00M, while earnings per share reached $4.20. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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