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Athene Holding Ltd. (ATH-PE) Stock Fundamental Analysis & AI Rating 2026

ATH-PE NYSE Life Insurance DE CIK: 0001527469
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
74% Confidence
STRONG AGREEMENT
BUY
72% Conf
BUY
76% Conf

📊 ATH-PE Key Takeaways

Revenue: $25.7B
Net Margin: 10.6%
Free Cash Flow: $5.2B
Current Ratio: N/A
Debt/Equity: 0.38x
EPS: $0.00
AI Rating: BUY with 72% confidence
Athene Holding Ltd. (ATH-PE) receives a BUY rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $25.7B, net profit margin of 10.6%, and return on equity (ROE) of 13.2%, Athene Holding Ltd. demonstrates strong fundamentals in the Finance sector. Below is our complete ATH-PE stock analysis for 2026.

Is Athene Holding Ltd. (ATH-PE) a Good Investment?

Claude

Athene demonstrates solid fundamental performance with strong revenue growth of 24.1% YoY and healthy operating margins of 19.9%, supported by robust free cash flow generation of $5.2B. The company maintains a conservative capital structure with a Debt/Equity ratio of 0.38x and substantial cash reserves of $16.9B, providing financial flexibility in the insurance sector.

ChatGPT

Athene Holding shows solid underlying fundamentals with strong revenue growth, healthy operating profitability, and robust operating cash generation. Balance sheet leverage from financial debt appears manageable relative to equity, while cash reserves are substantial. The main caution is that net income growth is materially slower than revenue growth, suggesting some pressure on earnings quality or spread capture despite scale expansion.

Why Buy Athene Holding Ltd. Stock? ATH-PE Key Strengths

Claude
  • + Strong revenue growth of 24.1% YoY indicating market expansion and business momentum
  • + Solid profitability with 10.6% net margin and 19.9% operating margin showing pricing power and operational efficiency
  • + Robust cash generation with $5.2B free cash flow and 20.1% FCF margin, exceeding net income
  • + Conservative leverage with 0.38x Debt/Equity ratio and substantial liquidity of $16.9B in cash
  • + Positive ROE of 13.2% demonstrates effective capital deployment despite low ROA typical for asset-heavy insurance business
ChatGPT
  • + Strong top-line growth of 24.1% YoY with positive net income growth
  • + Healthy operating margin of 19.9% and solid ROE of 13.2%
  • + Strong operating cash flow of $5.16B with ample cash balance and modest financial debt leverage

ATH-PE Stock Risks: Athene Holding Ltd. Investment Risks

Claude
  • ! Very low ROA of 0.6% reflects typical insurance sector asset density but limits capital efficiency
  • ! Extremely high leverage ratio with Total Liabilities of $406.6B versus Total Assets of $442.2B (91.8% liability-to-asset ratio) creates sector-specific but material financial risk
  • ! Zero insider buying activity in last 90 days may indicate limited management confidence or standard holding patterns
  • ! Net income growth of only 2.9% YoY significantly lags revenue growth of 24.1%, suggesting margin compression or increased costs
  • ! Limited profitability growth relative to revenue expansion raises questions about sustainable earnings quality
ChatGPT
  • ! Net income growth of only 2.9% lags revenue growth, which may indicate margin compression or weaker earnings quality
  • ! Very large liability base relative to equity increases sensitivity to reserve, credit, and interest-rate assumptions
  • ! Low ROA of 0.6% leaves limited room for asset-side underperformance in a large balance-sheet business

Key Metrics to Watch

Claude
  • * Net margin trend and operating leverage as revenue scales
  • * Free cash flow conversion ratio to ensure cash generation sustainability
  • * Debt/Equity and total liability composition for financial stability monitoring
  • * Operating income growth relative to revenue for efficiency indicators
  • * Insurance loss ratios and investment portfolio performance metrics
ChatGPT
  • * Net income and operating margin trend versus revenue growth
  • * Capital adequacy and liability growth relative to equity and cash flow

Athene Holding Ltd. (ATH-PE) Financial Metrics & Key Ratios

Revenue
$25.7B
Net Income
$2.7B
EPS (Diluted)
$0.00
Free Cash Flow
$5.2B
Total Assets
$442.2B
Cash Position
$16.9B

💡 AI Analyst Insight

The 20.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

ATH-PE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 19.9%
Net Margin 10.6%
ROE 13.2%
ROA 0.6%
FCF Margin 20.1%

ATH-PE vs Finance Sector: How Athene Holding Ltd. Compares

How Athene Holding Ltd. compares to Finance sector averages

Net Margin
ATH-PE 10.6%
vs
Sector Avg 25.0%
ATH-PE Sector
ROE
ATH-PE 13.2%
vs
Sector Avg 12.0%
ATH-PE Sector
Current Ratio
ATH-PE 0.0x
vs
Sector Avg 1.2x
ATH-PE Sector
Debt/Equity
ATH-PE 0.4x
vs
Sector Avg 2.0x
ATH-PE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Athene Holding Ltd. Stock Overvalued? ATH-PE Valuation Analysis 2026

Based on fundamental analysis, Athene Holding Ltd. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
13.2%
Sector avg: 12%
Net Profit Margin
10.6%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.38x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Athene Holding Ltd. Balance Sheet: ATH-PE Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.38x
Debt/Assets
91.9%
Interest Coverage
N/A
Long-term Debt
$7.8B

ATH-PE Revenue & Earnings Growth: 5-Year Financial Trend

ATH-PE 5-year financial data: Year 2021: Revenue $26.3B, Net Income $2.2B, EPS N/A. Year 2022: Revenue $26.3B, Net Income $1.5B, EPS N/A. Year 2023: Revenue $28.2B, Net Income $3.9B, EPS N/A. Year 2024: Revenue $28.2B, Net Income -$2.9B, EPS N/A. Year 2025: Revenue $28.2B, Net Income $4.7B, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Athene Holding Ltd.'s revenue has shown modest growth of 7% over the 5-year period.

ATH-PE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
20.1%
Free cash flow / Revenue

ATH-PE Quarterly Earnings & Performance

Quarterly financial performance data for Athene Holding Ltd. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $6.5B $625.0M N/A
Q2 2025 $4.7B $464.0M N/A
Q1 2025 $4.2B $465.0M N/A
Q3 2024 $1.4B $486.0M N/A
Q2 2024 $4.7B $441.0M N/A
Q1 2024 $4.1B $768.0M N/A
Q3 2023 -$281.0M $486.0M N/A
Q2 2023 -$281.0M $441.0M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Athene Holding Ltd. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$5.2B
Cash generated from operations
Dividends Paid
$752.0M
Returned to shareholders

ATH-PE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Athene Holding Ltd. (CIK: 0001527469)

📋 Recent SEC Filings

Date Form Document Action
Apr 1, 2026 8-K ahl-20260401.htm View →
Feb 25, 2026 10-K ahl-20251231.htm View →
Feb 19, 2026 8-K ahl-20260219.htm View →
Feb 9, 2026 8-K ahl-20260209.htm View →
Jan 6, 2026 8-K ahl-20260106.htm View →

Frequently Asked Questions about ATH-PE

What is the AI rating for ATH-PE?

Athene Holding Ltd. (ATH-PE) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ATH-PE's key strengths?

Claude: Strong revenue growth of 24.1% YoY indicating market expansion and business momentum. Solid profitability with 10.6% net margin and 19.9% operating margin showing pricing power and operational efficiency. ChatGPT: Strong top-line growth of 24.1% YoY with positive net income growth. Healthy operating margin of 19.9% and solid ROE of 13.2%.

What are the risks of investing in ATH-PE?

Claude: Very low ROA of 0.6% reflects typical insurance sector asset density but limits capital efficiency. Extremely high leverage ratio with Total Liabilities of $406.6B versus Total Assets of $442.2B (91.8% liability-to-asset ratio) creates sector-specific but material financial risk. ChatGPT: Net income growth of only 2.9% lags revenue growth, which may indicate margin compression or weaker earnings quality. Very large liability base relative to equity increases sensitivity to reserve, credit, and interest-rate assumptions.

What is ATH-PE's revenue and growth?

Athene Holding Ltd. reported revenue of $25.7B.

Does ATH-PE pay dividends?

Athene Holding Ltd. pays dividends, with $752.0M distributed to shareholders in the trailing twelve months.

Where can I find ATH-PE SEC filings?

Official SEC filings for Athene Holding Ltd. (CIK: 0001527469) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ATH-PE's EPS?

Athene Holding Ltd. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ATH-PE a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Athene Holding Ltd. has a BUY rating with 74% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ATH-PE stock overvalued or undervalued?

Valuation metrics for ATH-PE: ROE of 13.2% (sector avg: 12%), net margin of 10.6% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy ATH-PE stock in 2026?

Our dual AI analysis gives Athene Holding Ltd. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ATH-PE's free cash flow?

Athene Holding Ltd.'s operating cash flow is $5.2B, with capital expenditures of N/A. FCF margin is 20.1%.

How does ATH-PE compare to other Finance stocks?

Vs Finance sector averages: Net margin 10.6% (avg: 25%), ROE 13.2% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI