AIG Earnings: Solid Quarter but Returns Dip Slightly
Overall, AIG's second-quarter results showed a bit of a stall on its path toward better returns, but results were well within the level of quarterly variation we've come to expect.
Overall, AIG's second-quarter results showed a bit of a stall on its path toward better returns, but results were well within the level of quarterly variation we've come to expect.
The aftermath of AIG's issues during the financial crisis occupied management's attention for quite some time. With these issues now resolved, there could be ample scope for improvement.
AIG has a history of under-reserving for claims, making it difficult to trust that current reserves are adequate.
|
Metric
|
AIG
|
ZURN
|
CB
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.35 | 12.99 | 11.93 |
Price/Book Value | 1.00 | 3.47 | 1.78 |
Price/Sales | 1.58 | 1.03 | 2.21 |
Price/Cash Flow | 5.36 | — | 11.11 |
|
Metric
|
AIG
|
ZURN
|
CB
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 9.98 | 22.36 | 18.85 |
|
Metric
|
AIG
|
ZURN
|
CB
|
|---|---|---|---|
Return on Assets (Normalized) | 2.77% | 1.88% | 4.23% |
Return on Equity (Normalized) | 11.02% | 27.18% | 15.81% |
Return on Invested Capital (Normalized) | 8.99% | 17.19% | 12.04% |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
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Market Cap
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