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American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) 3-Year RORE % : -9.22% (As of Dec. 2023)


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What is American Equity Investment Life Holding Co 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. American Equity Investment Life Holding Co's 3-Year RORE % for the quarter that ended in Dec. 2023 was -9.22%.

The industry rank for American Equity Investment Life Holding Co's 3-Year RORE % or its related term are showing as below:

AEL's 3-Year RORE % is ranked worse than
62.85% of 463 companies
in the Insurance industry
Industry Median: 4.24 vs AEL: -9.22

American Equity Investment Life Holding Co 3-Year RORE % Historical Data

The historical data trend for American Equity Investment Life Holding Co's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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American Equity Investment Life Holding Co 3-Year RORE % Chart

American Equity Investment Life Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.41 13.79 14.12 43.09 -9.22

American Equity Investment Life Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.09 15.64 -5.21 15.28 -9.22

Competitive Comparison of American Equity Investment Life Holding Co's 3-Year RORE %

For the Insurance - Life subindustry, American Equity Investment Life Holding Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Equity Investment Life Holding Co's 3-Year RORE % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Equity Investment Life Holding Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where American Equity Investment Life Holding Co's 3-Year RORE % falls into.



American Equity Investment Life Holding Co 3-Year RORE % Calculation

American Equity Investment Life Holding Co's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.14-4.54 )/( 26.72-0.7 )
=-2.4/26.02
=-9.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


American Equity Investment Life Holding Co  (NYSE:AEL) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


American Equity Investment Life Holding Co 3-Year RORE % Related Terms

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American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.
Executives
Aaron Boushek officer: Controller 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Jeffrey D Lorenzen officer: Sr. Vice President-Investments 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Axel Andre officer: Chief Financial Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Robert L Howe director 5000 WESTOWN PARKWAY, SUITE 440, WEST DES MOINES IA 50266
Anant Bhalla director, officer: President 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
James Louis Hamalainen officer: EVP & CCSO, AEILIC 6000 WESTOWN PKWY, WEST DES MOINES IA 50266
Dewayne Lummus officer: SVP & Chief Accounting Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266-9024
Michael E Hayes director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Alan David Matula director 828 ST. CHARLES, NEW ORLEANS LA 70130
Kate Etinger officer: Chief People Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Nicholas P. Volpe officer: Chief Technology Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Gerard D. Neugent director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Ronald James Grensteiner officer: Vice President 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Joyce Ann Chapman director 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
North End Re (cayman) Spc 10 percent owner 18 FORUM LANE, 2ND FLOOR, CAMANA BAY, GRAND CAYMAN E9 KY-1102

American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Headlines

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