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
DateValue
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