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Aegon Ltd. logo

Aegon Ltd.

AEG

NYSEFinancial ServicesInsurance - Diversified

Open in GoAI

Previous close

$8.99

−$0.02 · -0.22%

Aug 21, 4:00 PM ET

AEG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

54

Neutral

Sentiment

47

Mixed

Risk resilience

84

Low Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Aegon Ltd. functions as a leading financial services provider, offering a comprehensive suite of insurance, retirement planning, and asset management solutions across its operational regions in the Americas, the Netherlands, and the United Kingdom. The company's diverse product range includes life, accident, and health insurance, alongside property and casualty coverage. It also facilitates wealth growth and retirement security through savings vehicles, pensions, annuities, mutual funds, individual retirement accounts, voluntary employee benefits, and stable value programs. Beyond these, Aegon deals in various financial instruments such as debt and mortgage-backed securities, derivatives, reinsurance assets, and short-term investments, while also delivering services like credit risk management, disability assistance, and innovative digital banking platforms. Established in 1983 as Aegon N.V., the firm's main offices are located in The Hague, Netherlands.

Industry
Insurance - Diversified
Sector
Financial Services
Headquarters
NL
CEO
E. Lard Friese
Listed since
Jun 28, 1985
Employees
15,304

Market position

Day range

Current $8.99

52-week range

Current $8.99

Open
$9.03
Previous close
$9.01
Volume
3.46M
0.71× average
Average volume
4.85M
Average daily volume
Market cap
13.52B USD
Beta
0.62
Market reference 1
50-day average
$8.9662
+0.27% above average
200-day average
$8.0498
+11.68% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
12.66B EUR
P/E (TTM)
11.93×
P/B (TTM)
1.37×
P/S (TTM)
0.59×
EV / EBITDA
10.85×
Earnings yield
9.53%
Free cash flow yield
8.31%
Dividend yield
5.16%

Profitability & efficiency

Gross margin
100.00%
Operating margin
5.46%
Net margin
5.04%
Return on equity
12.98%
Return on assets
0.31%
Return on invested capital
0.30%

Financial health

Debt / equity
0.43×
Current ratio
0×
Altman Z-score
0.21
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends117%50%-16%-83%Gross margin, FY2021: 100.00%Gross margin, FY2022: -66.01%Gross margin, FY2023: 18.25%Gross margin, FY2024: 100.00%Gross margin, FY2025: 21.10%Operating margin, FY2021: 93.97%Operating margin, FY2022: -3.85%Operating margin, FY2023: 95.35%Operating margin, FY2024: 3.37%Operating margin, FY2025: 3.74%Net margin, FY2021: 4.26%Net margin, FY2022: 2.63%Net margin, FY2023: -1.38%Net margin, FY2024: 3.52%Net margin, FY2025: 3.64%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 -66.01%. Gross margin FY2023 18.25%. Gross margin FY2024 100.00%. Gross margin FY2025 21.10%. Operating margin FY2021 93.97%. Operating margin FY2022 -3.85%. Operating margin FY2023 95.35%. Operating margin FY2024 3.37%. Operating margin FY2025 3.74%. Net margin FY2021 4.26%. Net margin FY2022 2.63%. Net margin FY2023 -1.38%. Net margin FY2024 3.52%. Net margin FY2025 3.64%.

Income trends

Revenue

26.86B EUR+37.63%

Operating income

1B EUR+52.78%

Net income

977M EUR+42.01%
Income trends across reported periods53.32B EUR26.06B EUR−1.2B EUR−28.46B EURRevenue, FY2021: 46.5B EURRevenue, FY2022: −21.64B EURRevenue, FY2023: 12.98B EURRevenue, FY2024: 19.52B EURRevenue, FY2025: 26.86B EUROperating income, FY2021: 43.7B EUROperating income, FY2022: 834M EUROperating income, FY2023: 12.37B EUROperating income, FY2024: 657M EUROperating income, FY2025: 1B EURNet income, FY2021: 1.98B EURNet income, FY2022: −570M EURNet income, FY2023: −179M EURNet income, FY2024: 688M EURNet income, FY2025: 977M EURFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 46.5B EUR. Revenue FY2022 −21.64B EUR. Revenue FY2023 12.98B EUR. Revenue FY2024 19.52B EUR. Revenue FY2025 26.86B EUR. Operating income FY2021 43.7B EUR. Operating income FY2022 834M EUR. Operating income FY2023 12.37B EUR. Operating income FY2024 657M EUR. Operating income FY2025 1B EUR. Net income FY2021 1.98B EUR. Net income FY2022 −570M EUR. Net income FY2023 −179M EUR. Net income FY2024 688M EUR. Net income FY2025 977M EUR.
Metric (EUR)FY2025FY2024FY2023FY2022FY2021
Revenue26.86B EUR19.52B EUR12.98B EUR−21.64B EUR46.5B EUR
Cost of goods sold21.2B EUR—17.69B EUR−24.67B EUR36.5B EUR
Gross profit5.67B EUR19.52B EUR2.37B EUR14.29B EUR46.5B EUR
Selling, general, and administrative1.97B EUR1.98B EUR1.89B EUR1.73B EUR3.48B EUR
Operating expenses1.34B EUR18.86B EUR2.76B EUR2.2B EUR4.89B EUR
Interest income—5.8B EUR—5.17B EUR4.86B EUR
Interest expense323.7M EUR6M EUR7M EUR7M EUR246M EUR
Depreciation and amortization−160.41M EUR−31M EUR34M EUR169M EUR1.17B EUR
Operating income1B EUR657M EUR12.37B EUR834M EUR43.7B EUR
Net income977M EUR688M EUR−179M EUR−570M EUR1.98B EUR

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
3 beats, 3 misses, 0 met estimates
Average EPS surprise
-29.62%
6 comparable reports
Latest EPS result
0.45
Estimate 0.35 · Beat by 25.72%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.520.320.11-0.1Q3 '23No estimateQ2 '24No estimateQ3 '24MissQ1 '25BeatQ3 '25BeatQ1 '26MissQ3 '26BeatQ1 '27Estimate
Q3 2023, reported Sep 30, 2023: actual -0.019, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 3, 2024: actual 0.011, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 22, 2024: actual -0.056, estimate 0.306, surprise -118.18%, Miss. Q1 2025, reported Feb 20, 2025: actual 0.368, estimate 0.164, surprise +124.68%, Beat. Q3 2025, reported Aug 21, 2025: actual 0.328, estimate 0.299, surprise +9.98%, Beat. Q1 2026, reported Feb 19, 2026: actual 0.271, estimate 0.481, surprise -43.74%, Miss. Q3 2026, reported Aug 20, 2026: actual 0.446, estimate 0.355, surprise +25.72%, Beat. Q1 2027, reported Feb 18, 2027: actual —, estimate 0.309, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates24.03B16.25B8.47B694.63MQ3 '23No estimateQ2 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25BeatQ1 '26BeatQ3 '26MissQ1 '27Estimate
Q3 2023, reported Sep 30, 2023: actual 3.28B USD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 3, 2024: actual 3.42B USD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 22, 2024: actual 3.47B USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 20, 2025: actual 16.87B USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 21, 2025: actual 7.83B USD, estimate 7.4B USD, surprise +5.90%, Beat. Q1 2026, reported Feb 19, 2026: actual 22.31B USD, estimate 7.55B USD, surprise +195.60%, Beat. Q3 2026, reported Aug 20, 2026: actual 817.21M USD, estimate 7.39B USD, surprise -88.95%, Miss. Q1 2027, reported Feb 18, 2027: actual —, estimate 7.01B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$7.50

16.57% downside
Past 12 months12-month forecastHigh $7.50Average $7.50Low $7.50

AEG news

seekingalpha.com

Hammond Power Solutions: Capacity Has Arrived Just As AI Power Demand Accelerates

Hammond Power Solutions is rated buy, driven by expanded capacity, strong data center demand, and the strategic AEG acquisition. HPS's production expansion and AEG integration position it as a platform player, with…

Read source
seekingalpha.com

Aegon: A Hidden Gem Ahead Of Its U.S. Relocation

Aegon is rated a 'buy' due to strong H1 results, robust capital position, and an attractive ~9% free cash flow yield. Transamerica, AEG's US-focused subsidiary, drives 70% of operations and benefits from strong annuity…

Read source
seekingalpha.com

Aegon Ltd. (AEG) Q2 2026 Earnings Call Transcript

Aegon Ltd. (AEG) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Aegon H1 Earnings Call Highlights

Aegon NYSE: AEG reported higher operating results, capital generation and free cash flow for the first half of 2026, citing commercial momentum across its U.S. businesses, favorable financial markets and improved claims…

Read source
businesswire.com

Citi Investor Services Wins US$380 Billion Middle Office Mandate from Aegon Asset Management

LONDON--(BUSINESS WIRE)--Citi Investor Services has been awarded a full middle office mandate by Aegon Asset Management (Aegon AM), covering US$380 billion in Assets under Management and extending a long-term…

Read source
businesswire.com

AEG Presents Enters Into Strategic Partnership With Creativeman Productions

LOS ANGELES & TOKYO--(BUSINESS WIRE)--AEG PRESENTS ENTERS INTO STRATEGIC PARTNERSHIP WITH CREATIVEMAN PRODUCTIONS.

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.4412

2025 complete year+165.8% since 2021

Corporate action history

DividendUpcoming

Ex-dividend Sep 3, 2026

$0.2418

Semi-Annual

Record Sep 3, 2026 · Payment Sep 24, 2026

Dividend

Ex-dividend Sep 4, 2025

$0.2216

Semi-Annual

Record Sep 4, 2025 · Payment Sep 25, 2025

Dividend

Ex-dividend Jun 17, 2025

$0.2196

Semi-Annual

Record Jun 17, 2025 · Payment Jul 7, 2025

Dividend

Ex-dividend Sep 5, 2024

$0.177

Semi-Annual

Record Sep 5, 2024 · Payment Sep 26, 2024

Dividend

Ex-dividend Jun 17, 2024

$0.172

Semi-Annual

Record Jun 17, 2024 · Payment Jul 8, 2024

Dividend

Ex-dividend Aug 29, 2023

$0.151

Semi-Annual

Record Aug 30, 2023 · Payment Sep 27, 2023

AEG peers

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BRK-A

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$743,500

-0.15%

JPMorgan Chase & Co. logo

JPM

JPMorgan Chase & Co.

$351.58

+0.01%

Visa Inc. logo

V

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$371.04

+1.45%

Mastercard Incorporated logo

MA

Mastercard Incorporated

$580.63

+1.18%

Bank of America Corporation logo

BAC

Bank of America Corporation

$61.69

-0.27%

ETFs holding AEG

Funds reporting this stock among their holdings, ordered by reported position size.

Dimensional - International Small Cap Value ETF logoDimensional - International Small Cap Value ETFDISV
Market value
21.26M
Weight
0.41%
AUM
5.23B USD
Expense ratio
0.42%
Price / 1D
$44.49+0.86%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
14.41M
Weight
0.09%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Avantis International Equity ETF logoAvantis International Equity ETFAVDE
Market value
12.54M
Weight
0.07%
AUM
19.1B USD
Expense ratio
0.23%
Price / 1D
$94.26+0.87%
Dimensional - International Value ETF logoDimensional - International Value ETFDFIV
Market value
10.42M
Weight
0.05%
AUM
22.06B USD
Expense ratio
0.27%
Price / 1D
$58.31+0.88%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
8.1M
Weight
0.14%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
6.77M
Weight
0.04%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.35+0.81%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
5.08M
Weight
0.04%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
Dimensional International Sustainability Core 1 ETF logoDimensional International Sustainability Core 1 ETFDFSI
Market value
1.4M
Weight
0.12%
AUM
1.19B USD
Expense ratio
0.24%
Price / 1D
$47.365+0.78%

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