American International (AIG) Operating Interest Expenses (2010 - 2024)
American International (AIG) reported Operating Interest Expenses of $1.2 billion for Q1 2024, up 15.8% from $1.04 billion a year earlier and up 1.4% from the prior quarter.
American International (AIG) Operating Interest Expenses (2010 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, American International's Operating Interest Expenses came in at $4.59 billion, up 17.5% year-over-year; for FY2023, it came in at $4.42 billion, up 18.2% from FY2022.
- Operating Interest Expenses has a five-year compound annual growth rate of 3.3% (FY2018 to FY2023).
- By year, Operating Interest Expenses came in at $3.74 billion in FY2022 (+4.9%), $3.57 billion in FY2021 (-1.4%), $3.62 billion in FY2020 (-5.5%) and $3.83 billion in FY2019 (+2.1%).
- The Q1 2024 figure ranks as the highest quarterly Operating Interest Expenses in data going back to Q1 2010.
- Year over year, Operating Interest Expenses has now increased in each of the last 11 quarters, with growth averaging 13.3% over the last eight quarters.
- The high point for year-over-year Operating Interest Expenses in five years was Q4 2023 (growth of 19.3%); the low point was Q4 2020 (a decline of 9.8%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $1.19 billion (Q4 2023), $1.14 billion (Q3 2023) and $1.06 billion (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.81 Bn | 84.40 Bn | 9.13 Bn | - |
| 2 | Progressive | 128.85 Bn | 104.68 Bn | 9.04 Bn | - |
| 3 | Marsh & Mclennan Companies | 90.25 Bn | 82.41 Bn | - | - |
| 4 | Travelers Companies | 83.64 Bn | 59.88 Bn | 6.23 Bn | - |
| 5 | Manulife Financial | 77.05 Bn | -17.83 Bn | - | - |
| 6 | Arthur J. Gallagher | 66.19 Bn | 60.59 Bn | - | - |
| 7 | Metlife | 65.65 Bn | -41.13 Bn | 7.82 Bn | 3.07 Bn |
| 8 | Allstate | 64.10 Bn | 25.37 Bn | 8.73 Bn | - |
| 9 | Aon | 62.71 Bn | 55.92 Bn | - | - |
| 10 | American International | 42.99 Bn | 5.17 Bn | 3.50 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | 1.19 Bn |
| Sep 30, 2023 | 1.14 Bn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 1.04 Bn |
| Dec 31, 2022 | 995.00 Mn |
| Sep 30, 2022 | 959.00 Mn |
| Jun 30, 2022 | 911.00 Mn |
| Mar 31, 2022 | 879.00 Mn |
| Dec 31, 2021 | 907.00 Mn |
| Sep 30, 2021 | 923.00 Mn |
| Jun 30, 2021 | 872.00 Mn |
| Mar 31, 2021 | 868.00 Mn |
| Dec 31, 2020 | 865.00 Mn |
| Sep 30, 2020 | 882.00 Mn |
| Jun 30, 2020 | 918.00 Mn |
| Mar 31, 2020 | 957.00 Mn |
| Dec 31, 2019 | 959.00 Mn |
| Sep 30, 2019 | 966.00 Mn |
| Jun 30, 2019 | 967.00 Mn |
American International Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-interest-expenses&ticker=AIG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-interest-expenses", "ticker": "AIG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-interest-expenses&ticker=AIG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();