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American Equity Investment Life Holding Co (AEL) Files 10-K for the Fiscal Year Ended on ...

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American Equity Investment Life Holding Co (AEL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. American Equity Investment Life Holding Co is engaged in the development and sale of fixed index and fixed rate annuity products. The company through its wholly-owned life insurance subsidiaries issues fixed annuity and life insurance products. American Equity Investment Life Holding Co has a market cap of $2.98 billion; its shares were traded at around $32.94 with a P/E ratio of 6.58 and P/S ratio of 0.87. The dividend yield of American Equity Investment Life Holding Co stocks is 0.84%. American Equity Investment Life Holding Co had annual average EBITDA growth of 1.60% over the past ten years.


For the last quarter American Equity Investment Life Holding Co reported a revenue of $353.0 million, compared with the revenue of $948.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.9 billion, a decrease of 1.8% from the previous year. For the last five years American Equity Investment Life Holding Co had an average revenue growth rate of 4.7% a year.

The reported diluted earnings per share was $5.01 for the year, an increase of 159.6% from previous year. Over the last five years American Equity Investment Life Holding Co had an EPS growth rate of 4.5% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, American Equity Investment Life Holding Co has the cash and cash equivalents of $344.4 million, compared with $1.4 billion in the previous year. The long term debt was $737.6 million, compared with $736.7 million in the previous year. American Equity Investment Life Holding Co has a financial strength rank of 4 (out of 10).

At the current stock price of $32.94, American Equity Investment Life Holding Co is traded at 14.1% premium to its historical median P/S valuation band of $28.86. The P/S ratio of the stock is 0.87, while the historical median P/S ratio is 0.75. The stock gained 0.73% during the past 12 months.

For the complete 20-year historical financial data of AEL, click here.

This article first appeared on GuruFocus.