American National (ANG-PD) Operating Expenses (2010 - 2025)
American National (ANG-PD) recorded quarterly Operating Expenses of $78.0 million in Q4 2025, down 50.0% quarter-over-quarter from $156.0 million in Q3 2025, and down 98.8% on a YoY basis from $6.5 billion in Q4 2024.
American National (ANG-PD) Operating Expenses (2010 - 2025) Analysis & Trends
American National's Operating Expenses history runs 16 years deep, the most recent figure standing at $78.0 million for Q4 2025.
- In Q4 2025, Operating Expenses fell 98.8% year-over-year to $78.0 million; the TTM figure through Dec 2025 stood at $725.0 million (down 93.03% YoY), while the FY2025 annual figure was $725.0 million, down 89.86% from the prior year.
- Operating Expenses was $78.0 million for Q4 2025 at American National, down from $156.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $6.5 billion in Q4 2024 to a low of -$3.3 billion in Q4 2023.
- Historically, Operating Expenses has averaged $676.5 million across 5 years, with a median of $310.0 million in 2021.
- The sharpest annual moves came in 2021 and 2023: Operating Expenses soared 750.34% in 2021, then sank 266.36% in 2023.
- A 5-year view of Operating Expenses shows it stood at $895.3 million in 2021, then surged by 119.47% to $2.0 billion in 2022, then tumbled by 266.36% to -$3.3 billion in 2023, then surged by 298.32% to $6.5 billion in 2024, then tumbled by 98.8% to $78.0 million in 2025.
- The last three Operating Expenses figures came in at $78.0 million (Q4 2025), $156.0 million (Q3 2025), and $216.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | -199.07 Mn |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 3.12 Bn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 17.57 Bn |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 3.05 Bn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 1.23 Bn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 2.04 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 735.00 Mn |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | 5.55 Bn |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 981.20 Mn |
| 10 | American National | - | - | -458.00 Mn | 78.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 78.00 Mn |
| Sep 30, 2025 | 156.00 Mn |
| Jun 30, 2025 | 216.00 Mn |
| Mar 31, 2025 | 275.00 Mn |
| Dec 31, 2024 | 6.48 Bn |
| Sep 30, 2024 | 228.00 Mn |
| Jun 30, 2024 | 2.16 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Dec 31, 2023 | -3.27 Bn |
| Sep 30, 2023 | 147.00 Mn |
| Jun 30, 2023 | 1.37 Bn |
| Mar 31, 2023 | 854.45 Mn |
| Dec 31, 2022 | 1.97 Bn |
| Sep 30, 2022 | -74.42 Mn |
| Jun 30, 2022 | -853.06 Mn |
| Mar 31, 2022 | -716.63 Mn |
| Dec 31, 2021 | 895.32 Mn |
| Sep 30, 2021 | 345.00 Mn |
| Jun 30, 2021 | 1.15 Bn |
| Mar 31, 2021 | 600.99 Mn |