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Athene Holding Ltd. logo

Athene Holding Ltd.

ATH-PA

NYSEFinancial ServicesInsurance - Life

Open in GoAI

Previous close

$23.76

+$0.14 · +0.59%

Aug 24, 4:00 PM ET

After-hours

$23.76

$0.00 · 0.00%

Aug 24, 5:05 PM ET

ATH-PA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

72

Undervalued

Momentum

40

Weakening

Sentiment

53

Mixed

Risk resilience

72

Moderate Risk

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Company profile

Company website

Athene Holding Ltd. is a financial services company, which engages in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. It operates through the United States and International geographical segments. The Unites States segment includes California, Florida, New York, New Jersey, Arizona, and other. The International segment focuses on the United Kingdom, Ireland, and other. The company was founded by James R. Belardi and Frank L. Gills in May 2009 and is headquartered in West Des Moines, IA.

Industry
Insurance - Life
Sector
Financial Services
Headquarters
US
CEO
Grant Kvalheim
Listed since
Jun 10, 2019
Employees
1,970

Market position

Day range

Current $23.76

52-week range

Current $23.76

Open
$23.73
Previous close
$23.62
Volume
347.91K
7.25× average
Average volume
47.97K
Average daily volume
Market cap
19.72B USD
Beta
1.81
Market reference 1
50-day average
$23.9873
-0.95% below average
200-day average
$24.3479
-2.41% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
980.36M USD
P/E (TTM)
30.52×
P/B (TTM)
0.86×
P/S (TTM)
0.68×
EV / EBITDA
0×
Earnings yield
16.97%
Free cash flow yield
0.38%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
6.86%
Return on equity
13.23%
Return on assets
0.61%
Return on invested capital
0.00%

Financial health

Debt / equity
0×
Current ratio
0×
Altman Z-score
0.19
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 trends109%73%37%1%Gross margin, FY2019: 100.00%Gross margin, FY2020: 100.00%Gross margin, FY2021: 100.00%Operating margin, FY2019: 14.08%Operating margin, FY2020: 12.31%Operating margin, FY2021: 16.13%Net margin, FY2019: 13.36%Net margin, FY2020: 10.39%Net margin, FY2021: 14.44%Net margin, FY2024: 16.73%Net margin, FY2025: 10.56%FY2019FY2020FY2021FY2024FY2025
Gross margin FY2019 100.00%. Gross margin FY2020 100.00%. Gross margin FY2021 100.00%. Operating margin FY2019 14.08%. Operating margin FY2020 12.31%. Operating margin FY2021 16.13%. Net margin FY2019 13.36%. Net margin FY2020 10.39%. Net margin FY2021 14.44%. Net margin FY2024 16.73%. Net margin FY2025 10.56%.

Income trends

Revenue

25.68B USD+24.11%

Operating income

4.25B USD+132.48%

Net income

2.71B USD-21.67%
Income trends across reported periods28.8B USD18.89B USD8.97B USD−936.9M USDRevenue, FY2019: 16.26B USDRevenue, FY2020: 14.83B USDRevenue, FY2021: 26.32B USDRevenue, FY2024: 20.69B USDRevenue, FY2025: 25.68B USDOperating income, FY2019: 2.29B USDOperating income, FY2020: 1.83B USDOperating income, FY2021: 4.25B USDNet income, FY2019: 2.17B USDNet income, FY2020: 1.54B USDNet income, FY2021: 3.8B USDNet income, FY2024: 3.46B USDNet income, FY2025: 2.71B USDFY2019FY2020FY2021FY2024FY2025
Revenue FY2019 16.26B USD. Revenue FY2020 14.83B USD. Revenue FY2021 26.32B USD. Revenue FY2024 20.69B USD. Revenue FY2025 25.68B USD. Operating income FY2019 2.29B USD. Operating income FY2020 1.83B USD. Operating income FY2021 4.25B USD. Net income FY2019 2.17B USD. Net income FY2020 1.54B USD. Net income FY2021 3.8B USD. Net income FY2024 3.46B USD. Net income FY2025 2.71B USD.
Metric (USD)FY2025FY2024FY2021FY2020FY2019
Revenue25.68B USD20.69B USD26.32B USD14.83B USD16.26B USD
Gross profit——26.32B USD14.83B USD16.26B USD
Operating expenses25.68B USD—−22.08B USD−13.01B USD−13.97B USD
Interest expense——59M USD——
Depreciation and amortization——236.56K USD206.3K USD171.86K USD
Operating income——4.25B USD1.83B USD2.29B USD
Net income2.71B USD3.46B USD3.8B USD1.54B USD2.17B USD

Company facts updated Aug 25, 2026.

Earnings

EPS beat rate
86%
6 beats, 1 miss, 0 met estimates
Average EPS surprise
+47.39%
7 comparable reports
Latest EPS result
2.39
Estimate 2.14 · Beat by 11.68%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates6.314.83.31.79Q1 '25No estimateQ2 '25No estimateQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26EstimateQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 4.76, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 7, 2025: actual 2.28, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 2.47, estimate 2.62, surprise -5.73%, Miss. Q4 2025, reported Nov 10, 2025: actual 6, estimate 2.67, surprise +124.72%, Beat. Q1 2026, reported Feb 27, 2026: actual 2.39, estimate 2.14, surprise +11.68%, Beat. Q2 2026, reported May 29, 2026: actual —, estimate 2.14, surprise —, Comparison unavailable. Q3 2026, reported Aug 24, 2026: actual —, estimate 3.49, surprise —, Comparison unavailable. Q4 2026, reported Nov 4, 2026: actual —, estimate 2.1, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.7B6.06B3.43B791.37MQ1 '25No estimateQ2 '25No estimateQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26EstimateQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Feb 24, 2025: actual 3.78B USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 7, 2025: actual 4.19B USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 5.36B USD, estimate 931.03M USD, surprise +475.60%, Beat. Q4 2025, reported Nov 10, 2025: actual 8B USD, estimate 931.03M USD, surprise +759.05%, Beat. Q1 2026, reported Feb 27, 2026: actual 8.13B USD, estimate 1.63B USD, surprise +399.58%, Beat. Q2 2026, reported May 29, 2026: actual —, estimate 1.63B USD, surprise —, Comparison unavailable. Q3 2026, reported Aug 24, 2026: actual —, estimate 1.84B USD, surprise —, Comparison unavailable. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.59B USD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

$1.5875

2025 complete year0.0% since 2021

2026 partial: $0.7938

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 15, 2026

$0.3969

Quarterly

Record Sep 15, 2026 · Payment Sep 30, 2026

Dividend

Ex-dividend Jun 15, 2026

$0.3969

Quarterly

Record Jun 15, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 13, 2026

$0.3969

Quarterly

Record Mar 15, 2026 · Payment Mar 30, 2026

Dividend

Ex-dividend Dec 15, 2025

$0.3969

Quarterly

Record Dec 15, 2025 · Payment Dec 30, 2025

Dividend

Ex-dividend Sep 15, 2025

$0.3969

Quarterly

Record Sep 15, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend Jun 13, 2025

$0.3969

Quarterly

Record Jun 15, 2025 · Payment Jun 30, 2025

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ETFs holding ATH-PA

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

iShares Preferred and Income Securities ETF logoiShares Preferred and Income Securities ETFPFF
Market value
50.3M
Weight
0.39%
AUM
13.04B USD
Expense ratio
0.45%
Price / 1D
$30.51+0.16%
First Trust Preferred Securities and Income ETF logoFirst Trust Preferred Securities and Income ETFFPE
Market value
38.56M
Weight
0.62%
AUM
6.28B USD
Expense ratio
0.83%
Price / 1D
$17.660.00%
Invesco Preferred ETF logoInvesco Preferred ETFPGX
Market value
29.9M
Weight
0.79%
AUM
3.76B USD
Expense ratio
0.50%
Price / 1D
$10.61+0.65%
Invesco Financial Preferred ETF logoInvesco Financial Preferred ETFPGF
Market value
10.59M
Weight
1.61%
AUM
658.76M USD
Expense ratio
0.55%
Price / 1D
$13.41+0.40%
Invesco Variable Rate Preferred ETF logoInvesco Variable Rate Preferred ETFVRP
Market value
8.49M
Weight
0.28%
AUM
3.02B USD
Expense ratio
0.50%
Price / 1D
$24.09+0.04%
State Street SPDR ICE Preferred Securities ETF logoState Street SPDR ICE Preferred Securities ETFPSK
Market value
7.9M
Weight
1.17%
AUM
673.56M USD
Expense ratio
0.45%
Price / 1D
$29.75+0.54%
AAM Low Duration Preferred and Income Securities ETF logoAAM Low Duration Preferred and Income Securities ETFPFLD
Market value
1.56M
Weight
0.38%
AUM
487.73M USD
Expense ratio
0.45%
Price / 1D
$19.56+0.05%
Sterling Capital Multi-Strategy Income ETF logoSterling Capital Multi-Strategy Income ETFSCMC
Market value
779.46K
Weight
0.34%
AUM
159.64M USD
Expense ratio
0.55%
Price / 1D
$24.93+0.06%

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