Athene Holding (ATH-PA) Return on Invested Capital [ROIC] (2018 - 2026)
Athene Holding's Return on Invested Capital [ROIC] came in at 7.08% for Q2 2026, down 4.18 percentage points from 11.27% a year earlier but up 2.10 percentage points from the prior quarter.
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Analysis
Athene Holding (ATH-PA) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Athene Holding's Return on Invested Capital [ROIC] was 12.92%, down 7.02 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +1.88 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 19.94% in FY2024 (-7.74 pp), 27.68% in FY2023 (+100.75 pp), -73.07% in FY2022 (-90.78 pp) and 17.71% in FY2021 (+6.67 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -108.35% (Q4 2022) to 23.31% (Q4 2023).
- Year-over-year, Return on Invested Capital [ROIC] has declined for seven consecutive quarters, with an average year-over-year change of -5.41 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2023 (a gain of 131.66 percentage points), and the weakest in Q4 2022 (a drop of 124.31 percentage points).
- Business Quant data shows ATH-PA's Return on Invested Capital [ROIC] at 4.99% (Q1 2026), 10.72% (Q4 2025) and 11.29% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.59 Bn | 86.24 Bn | 8.67 Bn | 11.97% |
| 2 | Progressive | 132.54 Bn | 108.06 Bn | 8.29 Bn | 27.74% |
| 3 | Marsh & Mclennan Companies | 98.47 Bn | 90.63 Bn | - | 13.08% |
| 4 | Travelers Companies | 81.49 Bn | 58.98 Bn | 5.93 Bn | 21.49% |
| 5 | Manulife Financial | 75.50 Bn | -20.01 Bn | - | - |
| 6 | Arthur J. Gallagher | 72.45 Bn | 67.05 Bn | - | 6.01% |
| 7 | Aon | 72.11 Bn | 51.31 Bn | - | 11.58% |
| 8 | Metlife | 66.08 Bn | -40.70 Bn | 7.82 Bn | 32.52% |
| 9 | Allstate | 63.51 Bn | 23.35 Bn | 7.41 Bn | 29.50% |
| 10 | Athene Holding | 4.32 Bn | -110.67 Bn | 2.47 Bn | 0.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.00% |
| Jun 30, 2026 | 7.08% |
| Mar 31, 2026 | 4.99% |
| Dec 31, 2025 | 10.72% |
| Sep 30, 2025 | 11.29% |
| Jun 30, 2025 | 11.27% |
| Mar 31, 2025 | 13.61% |
| Dec 31, 2024 | 16.27% |
| Sep 30, 2024 | 20.88% |
| Jun 30, 2024 | 18.27% |
| Mar 31, 2024 | 19.70% |
| Dec 31, 2023 | 23.31% |
| Sep 30, 2023 | 16.07% |
| Jun 30, 2023 | 8.29% |
| Mar 31, 2023 | -50.62% |
| Dec 31, 2022 | -108.35% |
| Sep 30, 2022 | -97.17% |
| Jun 30, 2022 | -45.54% |
| Mar 31, 2022 | 0.97% |
| Dec 31, 2021 | 15.96% |
API Access
Athene Holding Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ATH-PA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ATH-PA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ATH-PA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();