Stocks · Financials · Life Insurance

Athene Holding Ltd.

ATHS Clue Score60
United States Fiscal year ends December CIK 0001527469
$23.62 +0.68% Close, 9 Oct 2026
Price $23.62 −7.45% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 15 Mar 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue4.11Net income0.77Fiscal year 2017Revenue8.79 +114.1%Net income1.36 +75.7%Fiscal year 2018Revenue6.64 −24.5%Net income1.05 −22.5%Fiscal year 2019Revenue16.26 +145.0%Net income2.17 +106.3%Fiscal year 2020Revenue14.76 −9.2%Net income1.54 −29.1%Fiscal year 2021Revenue26.32 +78.3%Net income3.86 +150.4%Fiscal year 2022Revenue7.62 −71.0%Net income−2.91 −175.4%Fiscal year 2023Revenue28.19 +269.9%Net income4.67Fiscal year 2024Revenue20.69 −26.6%Net income3.46 −25.8%Fiscal year 2025Revenue25.68 +24.1%Net income2.71 −21.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 4.11 8.79 6.64 16.26 14.76 26.32 7.62 28.19 20.69 25.68
Growth +114.1% −24.5% +145.0% −9.2% +78.3% −71.0% +269.9% −26.6% +24.1%
Net income 0.77 1.36 1.05 2.17 1.54 3.86 −2.91 4.67 3.46 2.71
Growth +75.7% −22.5% +106.3% −29.1% +150.4% −175.4% −25.8% −21.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin18.8%Fiscal year 2017Net margin15.5%Fiscal year 2018Net margin15.9%Fiscal year 2019Net margin13.4%Fiscal year 2020Net margin10.4%Fiscal year 2021Net margin14.7%Fiscal year 2022Net margin−38.2%Fiscal year 2023Net margin16.5%Fiscal year 2024Net margin16.7%Fiscal year 2025Net margin10.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 18.8% 15.5% 15.9% 13.4% 10.4% 14.7% −38.2% 16.5% 16.7% 10.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow1.20Fiscal year 2017Operating cash flow3.17Fiscal year 2018Operating cash flow2.87Buybacks−0.11Fiscal year 2019Operating cash flow2.66Buybacks−0.83Fiscal year 2020Operating cash flow4.15Buybacks−0.43Dividends paid0.00Fiscal year 2021Operating cash flow10.29Buybacks−0.01Dividends paid0.00Fiscal year 2022Operating cash flow6.26Buybacks0.00Dividends paid−1.31Fiscal year 2023Operating cash flow4.98Buybacks0.00Dividends paid−0.94Fiscal year 2024Operating cash flow1.88Dividends paid−0.45Fiscal year 2025Operating cash flow5.16Dividends paid−0.75
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.20 3.17 2.87 2.66 4.15 10.29 6.26 4.98 1.88 5.16
Buybacks n/a n/a −0.11 −0.83 −0.43 −0.01 0.00 0.00 n/a n/a
Dividends paid n/a n/a n/a n/a 0.00 0.00 −1.31 −0.94 −0.45 −0.75

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash2.52Shareholders’ equity6.86Fiscal year 2017Cash5.00Shareholders’ equity9.21Fiscal year 2018Cash3.41Shareholders’ equity8.28Fiscal year 2019Cash4.24Total debt0.99Net cash (debt)3.25Shareholders’ equity13.39Debt to equity0.07Fiscal year 2020Cash7.70Total debt1.98Net cash (debt)5.73Shareholders’ equity18.66Debt to equity0.11Fiscal year 2021Cash9.48Total debt2.96Net cash (debt)6.52Shareholders’ equity20.13Debt to equity0.15Fiscal year 2022Cash7.78Total debt3.66Net cash (debt)4.12Shareholders’ equity7.16Debt to equity0.51Fiscal year 2023Cash13.02Total debt4.21Net cash (debt)8.81Shareholders’ equity13.84Debt to equity0.30Fiscal year 2024Cash14.26Total debt6.31Net cash (debt)7.95Shareholders’ equity16.36Debt to equity0.39Fiscal year 2025Cash16.90Total debt7.85Net cash (debt)9.05Shareholders’ equity20.49Debt to equity0.38
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 2.52 5.00 3.41 4.24 7.70 9.48 7.78 13.02 14.26 16.90
Total debt n/a n/a n/a 0.99 1.98 2.96 3.66 4.21 6.31 7.85
Net cash (debt) n/a n/a n/a 3.25 5.73 6.52 4.12 8.81 7.95 9.05
Shareholders’ equity 6.86 9.21 8.28 13.39 18.66 20.13 7.16 13.84 16.36 20.49
Debt to equity n/a n/a n/a 0.07 0.11 0.15 0.51 0.30 0.39 0.38

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
2.52 5.00 3.41 4.24 7.70 9.48 7.78 13.02 14.26 16.90
n/a n/a n/a n/a n/a 0.00 4.06 4.07 4.06 4.07
86.70 100.16 125.51 146.88 202.77 235.15 243.93 300.58 363.34 442.21
Growth +15.5% +25.3% +17.0% +38.1% +16.0% +3.7% +23.2% +20.9% +21.7%
Liabilities
n/a n/a n/a 0.99 1.98 2.96 3.66 4.21 6.31 7.85
calc n/a n/a n/a 0.99 1.98 2.96 3.66 4.21 6.31 7.85
79.84 90.99 117.23 132.73 182.63 212.97 233.38 279.34 337.47 406.57
Equity
3.07 4.26 5.29 6.94 8.07 11.03 −3.64 −0.09 2.24 3.90
6.86 9.21 8.28 13.39 18.66 20.13 7.16 13.84 16.36 20.49
Growth +34.3% −10.1% +61.8% +39.3% +7.9% −64.4% +93.3% +18.2% +25.3%
Per share and net cash
calc n/a n/a n/a 3.25 5.73 6.52 4.12 8.81 7.95 9.05
n/a n/a n/a 194.2 191.6 205.3 203.8 203.8 203.8 0.2
calc n/a n/a n/a 68.95 97.37 98.04 35.12 67.90 80.27 100,547.09

Lines marked calc are worked out here from filed figures; point at one for how.