Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AEGON LTD. files with the SEC in its annual reports.
In EUR millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
33,655
32,973
28,914
28,197
21,318
21,091
21,331
General and administrative
1,273
1,424
1,477
1,537
1,298
1,294
1,218
Operating income
-11,701
35,386
17,961
24,715
-35,132
Interest income
15,753
20,250
Pre-tax income
610
2,534
746
1,453
-364
-2,400
-25
-391
660
1,045
Income tax
172
65
39
217
-336
95
71
-209
-16
65
Income from continuing operations
-622
1,069
756
-182
676
980
Net income to minority interests
1
0
11
50
29
-20
-12
3
Net income
437
2,469
706
1,235
-146
1,980
-570
-179
688
977
EPS, basic
0.06
0.47
0.12
0.23
-0.04
0.39
-0.30
-0.12
0.37
0.59
EPS, diluted
0.06
0.47
0.12
0.23
-0.04
0.39
-0.30
-0.12
0.37
0.59
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
11,347
10,768
8,744
12,263
8,372
6,889
8,486
4,074
3,469
2,733
Property, plant and equipment
572
530
498
231
201
165
72
Lease right-of-use assets
235
255
211
199
158
150
162
137
Goodwill
294
293
384
392
375
391
316
291
345
313
Total assets
425,425
395,923
392,633
439,769
443,814
468,252
380,711
301,581
327,390
317,233
Short-term debt
1,902
1,692
1,379
4,969
950
824
1,150
Total liabilities
401,084
371,821
370,091
415,336
419,153
441,881
369,777
292,026
318,077
307,738
Total debt
13,153
13,635
12,061
9,307
8,524
9,661
4,051
2,356
3,013
1,982
Paid-in capital
7,873
7,731
7,487
7,213
7,160
7,033
6,853
6,853
6,853
6,853
Shareholders' equity
24,318
24,082
22,520
24,413
24,586
26,176
10,758
9,426
9,187
9,410
Minority interests
23
20
22
20
75
196
176
129
126
85
Total equity
24,341
24,079
22,531
24,433
24,661
13,577
10,935
9,554
9,313
9,495
Total liabilities and equity
425,425
395,923
392,633
439,769
443,814
468,252
380,711
301,581
327,390
317,233
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
438
2,469
707
1,236
-135
2,029
-540
-199
676
980
Cash from operations
3,319
553
517
7,302
-2,854
-1,796
2,672
864
762
434
Capital expenditures
-69
-72
-81
-102
-80
-76
-72
-65
-51
-41
Cash from investing
-1,078
-1,196
-438
-86
-139
-54
733
-1,996
300
1,010
Debt issued
3,711
9,170
4,185
4,923
3,444
3,914
3,569
2,670
700
946
Debt repaid
-3,070
-7,918
-5,211
-7,014
-3,985
-3,000
-4,086
-4,230
-909
-1,707
Share buybacks
-1,072
-925
-549
Dividends paid
-306
-294
-328
-309
-63
-121
-167
-494
-521
-596
Cash from financing
-465
519
-2,395
-3,730
-778
300
-1,834
-3,241
-1,755
-2,035
Exchange rate effect
-23
-196
35
33
-121
67
55
-38
88
-144
Free cash flow
3,250
481
436
7,200
-2,934
-1,872
2,600
799
711
393
Interest paid
300
311
400
407
491
296
247
516
405
330
Income taxes paid
116
-173
9
18
7
-21
38
321
80
-76
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Effective tax rate
6.2%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
10.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
0.3%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
42.0%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
59.5%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-43.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
-45.4%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y
-44.7%
Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y
-46.7%
Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
2.4%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-4.4%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y
-17.5%
Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-3.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-5.9%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-6.5%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
0.21x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
0.6%
Total debt / total assets.
Liabilities / assets
97.0%
Total liabilities / total assets.
Net debt
-€751.0M
Total debt - cash - short-term investments. Negative means more cash than debt.
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
9.4%
Capital expenditures / cash from operations, when that is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
€0.59
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
€0.59
Net income per basic share, as reported (split-adjusted).
Payout ratio
61.0%
Dividends paid / net income, when net income is positive.
Dividends / FCF
151.7%
Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF
139.7%
Share buybacks / free cash flow, when free cash flow is positive.
Was AEGON LTD. profitable in fiscal 2025?
Yes. Net income was €977.0M, a net margin of -.
How much free cash flow did AEGON LTD. generate in fiscal 2025?
Cash from operations of €434.0M minus capital expenditures of €41.0M left free cash flow of €393.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.