AMERICAN INTERNATIONAL GROUP INC
For the period ended Mar 31, 2025. Filed May 2, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 2, 2025
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Earnings Per Common Share (EPS)
- Earnings Per Common Share (EPS)
Basic EPS is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding. The diluted EPS computation assumes the issuance of all potentially dilutive common shares outstanding using the treasury stock method or the if-converted method, as applicable, and excludes the effect of anti-dilutive shares.
The following table presents the computation of basic and diluted EPS:
| Three Months Ended March 31, | ||
|---|---|---|
| (dollars in millions, except per common share data) | 2025 | 2024 |
| Numerator for EPS: | ||
| Income (loss) from continuing operations | $698 | $797 |
| Less: Preferred stock dividends and preferred stock redemption premiums | — | 22 |
| Income (loss) attributable to AIG common shareholders from continuing operations | 698 | 775 |
| Income (loss) from discontinued operations, net of income tax expense | — | 803 |
| Less: Net income attributable to noncontrolling interests | — | 384 |
| Income (loss) from discontinued operations, net of noncontrolling interest | — | 419 |
| Net income (loss) attributable to AIG common shareholders | $698 | $1,194 |
| Denominator for EPS: | ||
| Weighted average common shares outstanding - basic | 593,839,665 | 682,576,848 |
| Dilutive common shares | 5,400,381 | 5,384,670 |
| Weighted average common shares outstanding - diluted(a) | 599,240,046 | 687,961,518 |
| Income (loss) per common share attributable to AIG common shareholders: | ||
| Basic: | ||
| Income (loss) from continuing operations | $1.18 | $1.14 |
| Income from discontinued operations | $— | $0.61 |
| Income (loss) attributable to AIG common shareholders | $1.18 | $1.75 |
| Diluted: | ||
| Income (loss) from continuing operations | $1.16 | $1.13 |
| Income from discontinued operations | $— | $0.61 |
| Income (loss) attributable to AIG common shareholders | $1.16 | $1.74 |
(a)Potential dilutive common shares are due to our share-based employee compensation plans and agreements. The number of potential common shares excluded from diluted shares outstanding was 161,754 and 141,749 for the three months ended March 31, 2025 and 2024, respectively, because the effect of including those common shares in the calculation would have been anti-dilutive.
For information regarding our repurchases of AIG Common Stock, see Note 14.
| AIG | First Quarter 2025 Form 10-Q | 41 |
|---|
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