This report provides the last five years revenues and revenue growth of American International Group Inc (AIG) from 2012 to 2016. AIG generated a total of $52.4 billion revenues during 2016. AIG reported a revenue growth of -10.2% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.
AIG REVENUES FROM 2012 TO 2016
Here are the revenues and the revenue growth details of AIG during the last five years:
- AIG generated a total of $71.2 billion revenues during 2012. AIG reported a revenue growth of 9.4% year-over-year during 2012.
- AIG generated a total of $68.9 billion revenues during 2013. AIG reported a revenue growth of -3.3% year-over-year during 2013.
- AIG generated a total of $64.4 billion revenues during 2014. AIG reported a revenue growth of -6.5% year-over-year during 2014.
- AIG generated a total of $58.3 billion revenues during 2015. AIG reported a revenue growth of -9.4% year-over-year during 2015.
- AIG generated a total of $52.4 billion revenues during 2016. AIG reported a revenue growth of -10.2% year-over-year during 2016.
WHY ANALYZE REVENUE GROWTH?
Revenue growth is the most commonly analyzed financial metric. Revenue Growth is the percent increase (or decrease) of a company’s revenue between two time periods. It is computed by using the following formula: ((revenues during the time period two – revenues during the time period one) / revenues during the time period one)*100. If the time periods are two consecutive years, then the revenue growth is referred to as the annual revenue growth year-over-year. If the time periods are two consecutive quarters, then the revenue growth is referred to as the quarterly revenue growth quarter-over-quarter. If the time periods refer to the same quarter in the two consecutive years, then the revenue growth is referred to as quarterly revenue growth year-over-year. In case the time periods are two non-consecutive years, then the revenue CAGR (Commutative Annual Growth Rate) is computed.
Revenue growth analysis is important for a number of reasons. First, it helps in understanding how a business is performing. If the revenue growth rates are positive, it means the business is performing well and the revenues are increasing. If the revenue growth rates are negative, it means the revenues are declining and the company needs to take measures to increase them. If they don’t, the company will continue to shrink. Second, a company’s historical revenue growth analysis along with the market size and market share analysis helps in forecasting the future revenues of a company. Third, a comparison of a company’s growth rates with its competitors helps in determining who is winning more business. A revenue growth higher than the industry average translates into increasing market share. Companies with very high revenue growth rates have the potential to be the industry disrupters.
AIG RANKING
With $52.4 billion revenues, AIG ranked number 51 in the R&P; Research list of top-3000 public companies in the US by revenues during 2016. Each one of the top-3000 companies generated more than $50 million of annual revenues during 2016.
The top-20 companies in the US by revenues during 2016 were:
- Walmart ($482.1 billion)
- ExxonMobil ($226.1 billion)
- Berkshire Hathaway ($223.6 billion)
- Apple ($215.6 billion)
- McKesson ($190.9 billion)
- UnitedHealth Group ($184.8 billion)
- CVS Health ($177.5 billion)
- General Motors ($166.4 billion)
- AT&T; ($163.8 billion)
- Ford Motor ($151.8 billion)
- AmerisourceBergen ($146.8 billion)
- Amazon ($136 billion)
- Verizon ($126 billion)
- General Electric ($123.7 billion)
- Cardinal Health ($121.5 billion)
- Costco ($118.7 billion)
- Walgreens Boots Alliance ($117.4 billion)
- Chevron ($114.5 billion)
- Kroger ($109.8 billion)
- Express Scripts Holding ($100.3 billion)
For the purpose of performance benchmarking of a company with a sector or industry average, R&P; Research associates every company with one sector and one industry. An industry consists of companies with related/similar business models. A sector comprises of a group of related/similar industries. For high-level analysis purposes, related/similar sectors are grouped into sector groups.
For example, Healthcare sector group is comprised of Life Sciences sector and Healthcare Services sector. Life Sciences sector is comprised of following industries: Pharmaceuticals; Medical Devices; Biotechnology; Diagnostics & Scientific Instruments. Healthcare Services sector is comprised of following industries: Medication Stores, PBM and Distributors; Healthcare Payers; Healthcare Providers; Medical Software; Healthcare Research Services.
AIG is associated with Financials Sector Group, Insurance Sector and Property & Casualty Insurance Industry.
With $52.4 billion revenues, AIG ranked number 8 of all the companies in the US Financials sector group. There were a total of 705 public companies in the US Financials sector group that had revenues greater than $50 million during 2016.
The top-10 companies in the US Financials sector group by revenues during 2016 were:
- Berkshire Hathaway ($223.6 billion)
- JPMorgan Chase ($95.7 billion)
- Wells Fargo ($84.5 billion)
- Bank of America ($83.7 billion)
- Citigroup ($69.9 billion)
- MetLife ($63.5 billion)
- Prudential Financial ($58.8 billion)
- AIG ($52.4 billion)
- Allstate ($36.5 billion)
- Morgan Stanley ($34.6 billion)
Financials sector group is comprised of the following sectors: Banking; Insurance; Financial Services; Real Estate & REITs.
With $52.4 billion revenues, AIG ranked number 4 of all the companies in the US Insurance sector. There were a total of 101 public companies in the US Insurance sector that had revenues greater than $50 million during 2016.
The top-10 companies in the US Insurance sector by revenues during 2016 were:
- Berkshire Hathaway ($223.6 billion)
- MetLife ($63.5 billion)
- Prudential Financial ($58.8 billion)
- AIG ($52.4 billion)
- Allstate ($36.5 billion)
- Chubb ($31.5 billion)
- Travelers Companies ($27.6 billion)
- Progressive ($23.4 billion)
- Aflac ($22.6 billion)
- Hartford Financial Services Group ($18.3 billion)
Insurance sector is comprised of the following industries: Life Insurance; Property & Casualty Insurance; Surety & Title Insurance; Insurance Brokerage; Diversified Insurance. The definitions for each of the industries is as follows:
- Life Insurance industry includes companies engaged principally in life insurance.
- Property & Casualty Insurance industry includes companies engaged principally in accident, fire, automotive, marine, malpractice and other classes of non-life insurance.
- Surety & Title Insurance industry includes companies providing title & surety insurance.
- Insurance Brokerage industry includes insurance brokers and agencies.
- Diversified Insurance industry includes companies with life, health, property & casualty, and reinsurance interests, none of which predominates.
With $52.4 billion revenues, AIG ranked number 2 of all the companies in the US Property & Casualty Insurance industry. There were a total of 66 public companies in the US Property & Casualty Insurance industry that had revenues greater than $50 million during 2016.
The top-10 companies in the US Property & Casualty Insurance industry by revenues during 2016 were:
- Berkshire Hathaway ($223.6 billion)
- AIG ($52.4 billion)
- Allstate ($36.5 billion)
- Chubb ($31.5 billion)
- Travelers Companies ($27.6 billion)
- Progressive ($23.4 billion)
- Hartford Financial Services Group ($18.3 billion)
- Loews ($13.1 billion)
- XL Group ($10.5 billion)
- CNA Financial ($9.4 billion)
COMPANIES SEGMENTATION
To identify and analyze high/low growth or most/least profitable similar-size companies in different sectors or industries, R&P; research classifies all companies into different segments based upon their revenues, revenue growth, and net profit margins.
Based upon their annual revenues, the companies are classified into one of the following four segments:
- Mega companies, having revenues greater than $50 billion.
- Very Large companies, having revenues between $10 billion and $50 billion.
- Large companies, having revenues between $1 billion and $10 billion.
- Mid-size companies, having revenues between $50 million and $1 billion.
With $52.4 billion revenues, AIG was in the Mega companies revenue segment during 2016. There were a total of 54 companies in the Mega companies revenue segment during 2016.
Based upon their annual revenue growth, the companies are classified into one of the following eight segments:
- Very High positive growth companies, having annual revenue growth greater than 50%.
- High positive growth companies, having annual revenue growth between 20% and 50%.
- Medium positive growth companies, having annual revenue growth between 5% and 20%.
- Low positive growth companies, having annual revenue growth between 0% and 5%.
- Low negative growth companies, having annual revenue growth between -5% and 0%.
- Medium negative growth companies, having annual revenue growth between -20% and -5%.
- High negative growth companies, having annual revenue growth between -50% and -20%.
- Very High negative growth companies, having annual revenue growth less than -50%.
With -10.2% revenue growth year-over-year, AIG was in the Medium negative revenue growth segment during 2016. There were a total of 448 companies in the Medium negative revenue growth segment during 2016. Of the US top-3000 companies, 1985 (nearly two-third of the total) had positive revenue growth and 1015 (nearly one-third of the total) had negative revenue growth during 2016.
Based upon their annual net profit margin, the companies are classified into one of the following eight segments:
- Very High positive margin companies, having net profit margin greater than 50%.
- High positive margin companies, having net profit margin between 20% and 50%.
- Medium positive margin companies, having net profit margin between 5% and 20%.
- Low positive margin companies, having net profit margin between 0% and 5%.
- Low negative margin companies, having net profit margin between -5% and 0%.
- Medium negative margin companies, having net profit margin between -20% and -5%.
- High negative margin companies, having net profit margin between -50% and -20%.
- Very High negative margin companies, having net profit margin less than -50%.
With a net margin of -1.6%, AIG was in the Low negative net profit margin segment during 2016. There were a total of 249 companies in the Low negative net profit margin segment during 2016. Of the US top-3000 companies, 2244 (nearly three-fourth of the total) had positive net profit margin and 756 (nearly one-fourth of the total) had negative net profit margin during 2016.
COMPANY BUSINESS SUMMARY
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers primarily in the United States, Europe, and Japan. The company’s Commercial Insurance segment offers general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; aerospace, political risk, trade credit, surety, and marine insurance; and various insurance products for small and medium sized enterprises. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers liability, fidelity, employment practices, fiduciary liability, cybersecurity risk, kidnap and ransom, and errors and omissions insurance. This segment sells its products through independent retail and wholesale brokers. Its Consumer Insurance segment offers fixed annuities, fixed index annuities, variable annuities, and retail mutual funds; group mutual funds, fixed annuities, and variable annuities, as well as individual annuity and investment products, and financial planning and advisory services; and term life and universal life insurance. Its products include personal auto and property insurance, voluntary and sponsor-paid personal accident, and supplemental health products; travel insurance products; and extended warranty insurance. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, wirehouses and broker-dealers. The company also provides stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. American International Group, Inc. was founded in 1919 and is based in New York, New York.
DATA SOURCE
The chart and the data on this page are sourced from the R&P; Research Industry Intelligence Platform. The platform provides the key financial metrics for all the public companies in the United States. The platform empowers users to compare last five or 15 years financial data of a company with the other companies or the industry averages. This benchmarking exercise yields powerful insights that can drive better business decisions.
INDUSTRY PEERS AND COMPETITORS OF AIG
Berkshire Hathaway (BRKB) Business Analysis – Analyze Historical Performance, Strategic Priorities,…
Berkshire Hathaway Inc with $224 billion revenues in the year 2016 was the number 1 Property & Casualty Insurance company. Read this report to know the top competitors of Berkshire Hathaway and identify growth and cost optimization opportunities of Berkshire Hathaway
Allstate (ALL) Business Analysis – Analyze Historical Performance, Strategic Priorities, And…
Allstate Corp with $37 billion revenues in the year 2016 was the number 3 Property & Casualty Insurance company. Read this report to know the top competitors of Allstate and identify growth and cost optimization opportunities of Allstate
Chubb (CB) Business Analysis – Analyze Historical Performance, Strategic Priorities, And…
Chubb Ltd with $31 billion revenues in the year 2016 was the number 4 Property & Casualty Insurance company. Read this report to know the top competitors of Chubb and identify growth and cost optimization opportunities of Chubb
Travelers Companies (TRV) Business Analysis – Analyze Historical Performance, Strategic Priorities,…
Travelers Companies, Inc. with $28 billion revenues in the year 2016 was the number 5 Property & Casualty Insurance company. Read this report to know the top competitors of Travelers Companies and identify growth and cost optimization opportunities of Travelers Companies
Progressive (PGR) Business Analysis – Analyze Historical Performance, Strategic Priorities, And…
Progressive Corp with $23 billion revenues in the year 2016 was the number 6 Property & Casualty Insurance company. Read this report to know the top competitors of Progressive and identify growth and cost optimization opportunities of Progressive
Hartford Financial Services Group (HIG) Business Analysis – Analyze Historical Performance,…
Hartford Financial Services Group Inc with $18 billion revenues in the year 2016 was the number 7 Property & Casualty Insurance company. Read this report to know the top competitors of Hartford Financial Services Group and identify growth and cost optimization opportunities of Hartford Financial Services Group
REVENUES ANALYSIS
AIG (AIG) Revenues And Revenue Growth From 2012 To 2016
This report provides the last five years revenues and revenue growth of American International Group Inc (AIG) from 2012 to 2016. AIG generated a total of $52.4 billion revenues during 2016. AIG reported a revenue growth of -10.2% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.
AIG (AIG) Revenues And Revenue Growth From 2002 To 2016
This report provides the last fifteen years revenues and revenue growth of American International Group Inc (AIG) from 2002 to 2016. AIG generated a total of $52.4 billion revenues during 2016. AIG reported a revenue growth of -10.2% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.
AIG (AIG) Revenue Growth Comparison With Industry Growth From 2012 To…
This report provides a comparison of American International Group Inc (AIG) revenue growth with Property & Casualty Insurance industry growth during the last five years from 2012 to 2016. AIG reported a revenue growth of -10.2% year-over-year during 2016. The Property & Casualty Insurance industry growth was 6.6% year-over-year during 2016. AIG growth was slower than the industry during 2016.
PROFIT ANALYSIS
AIG (AIG) Net Profit And Net Margin From 2012 To 2016
This report provides the last five years net profit and net margin of American International Group Inc (AIG) from 2012 to 2016. AIG reported a total net income of -$849 million during 2016. AIG generated a total of $52.4 billion revenues during 2016. AIG net profit margin was -1.6% during 2016. The net profit and the net profit margin correspond to the fiscal year ending in December.
AIG (AIG) Net Profit And Net Margin From 2002 To 2016
This report provides the last fifteen years net profit and net margin of American International Group Inc (AIG) from 2002 to 2016. AIG reported a total net income of -$849 million during 2016. AIG generated a total of $52.4 billion revenues during 2016. AIG net profit margin was -1.6% during 2016. The net profit and the net profit margin correspond to the fiscal year ending in December.
AIG (AIG) Net Profit Margin Comparison With Industry From 2012 To…
This report provides a comparison of American International Group Inc (AIG) net profit margin with Property & Casualty Insurance industry net profit margin during the last five years from 2012 to 2016. AIG reported a net profit margin of -1.6% during 2016. The Property & Casualty Insurance industry net profit margin was 8.2% during 2016. AIG was less profitable than the industry during 2016.
COST EXPENSES ANALYSIS
AIG (AIG) Cost of Sales (COGS) Analysis From 2012 To 2016
This report provides the last five years cost of sales (COGS) analysis of American International Group Inc (AIG) from 2012 to 2016. AIG spent a total of $36.1 billion on COGS during 2016. AIG generated a total of $52.4 billion revenues during 2016. As a percentage of revenues, AIG spent 69% of its total revenues on COGS during 2016. The cost of sales (COGS) numbers are for the fiscal year ending in December.
AIG (AIG) Research & Development (R&D) Spending Analysis 2016
R&D; spending analysis for AIG is not available because either the company does not provide the data or we don’t have it.
AIG (AIG) Sales, Marketing, General & Administrative (SG&A) Spending Analysis From…
This report provides the last five years sales, marketing, general & administrative (SG&A;) expenses of American International Group Inc (AIG) from 2012 to 2016. AIG spent a total of $11 billion on sales, marketing, general, and administrative (SG&A;) activities during 2016. AIG generated a total of $52.4 billion revenues during 2016. As a percentage of revenues, AIG spent 21% of its total revenues on SG&A; activities during 2016. The SG&A; spending numbers are for the fiscal year ending in December.
WORKING CAPITAL ANALYSIS
AIG (AIG) Inventory Spending Analysis 2016
Inventory spending analysis for AIG is not available because either the company does not provide the data or we don’t have it.
AIG (AIG) Accounts Receivable (A/R) Analysis From 2012 To 2016
This report provides the last five years Accounts Receivable (A/R) analysis of American International Group Inc (AIG) from 2012 to 2016. AIG invested a total of $10.5 billion on accounts receivable during 2016. AIG generated a total of $52.4 billion revenues during 2016. As a percentage of revenues, AIG invested 20% of its total revenues on accounts receivable during 2016. The accounts receivable numbers are for the fiscal year ending in December.
AIG (AIG) Accounts Payable (A/P) Analysis 2016
Accounts Payable (A/P) investment analysis for AIG is not available because either the company does not provide the data or we don’t have it.
ASSET MANAGEMENT ANALYSIS
AIG (AIG) Property, Plant & Equipment (PP&E) Investment Analysis 2016
PPE Investment analysis for AIG is not available because either the company does not provide the data or we don’t have it.
AIG (AIG) Intangible Assets Analysis 2016
Intangible Assets Investment analysis for AIG is not available because either the company does not provide the data or we don’t have it.