Aegon LTD. key statistics and ratios

In fiscal 2022, Aegon LTD. had return on equity of -4.5%, an operating margin of -164.7% and debt equal to 37.7% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Aegon LTD.: financial ratios, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022
Operating margin	—	—	—	−40.5%	125.5%	84.3%	117.2%	−164.7%
Net margin	−1.3%	1.3%	7.5%	2.4%	4.4%	−0.7%	9.4%	−2.7%
Free-cash-flow margin	2.4%	9.7%	1.5%	1.5%	25.5%	−13.8%	−8.9%	12.2%
Return on equity	−1.7%	1.8%	10.2%	3.0%	5.2%	−0.6%	10.4%	−4.5%
Return on assets	—	0.1%	0.6%	0.2%	0.3%	−0.0%	0.4%	−0.1%
Asset turnover	—	0.08	0.08	0.07	0.07	0.05	0.05	0.05
Debt to equity	0.0%	54.1%	56.7%	53.6%	38.1%	34.7%	72.2%	37.7%
Interest cover (operating income ÷ interest)	—	—	—	n/m	140.4x	187.1x	—	n/m
Effective tax rate	—	28.2%	2.6%	5.2%	14.9%	—	—	—
Capital spending as % of revenue	0.3%	0.2%	0.2%	0.3%	0.4%	0.4%	0.4%	0.3%
Free cash flow ÷ net income	—	743.7%	19.5%	61.8%	583.0%	—	−94.5%	—
Dividends ÷ net income	—	70.0%	11.9%	46.5%	25.0%	—	6.1%	—
Dividends and buybacks ÷ free cash flow	35.4%	9.4%	61.1%	75.2%	4.3%	—	—	6.4%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Aegon LTD.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Aegon LTD.