AIG vs. BAM: A Head-to-Head Stock Comparison

Updated on July 7, 2025

Here’s a clear look at AIG and BAM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

BAM’s market capitalization of 91.61 billion USD is significantly greater than AIG’s 47.94 billion USD, highlighting its more substantial market valuation.

BAM carries a higher beta at 1.87, indicating it’s more sensitive to market moves, while AIG (beta: 0.66) exhibits greater stability.

Symbol	AIG	BAM
Company Name	American International Group, Inc.	Brookfield Asset Management Ltd.
Country	US	CA
Sector	Financial Services	Financial Services
Industry	Insurance - Diversified	Asset Management
CEO	Peter Salvatore Zaffino	James Bruce Flatt
Price	83.18 USD	56.81 USD
Market Cap	47.94 billion USD	91.61 billion USD
Beta	0.66	1.87
Exchange	NYSE	NYSE
IPO Date	January 2, 1973	December 1, 2022
ADR	No	No

Historical Performance

This chart compares the performance of AIG and BAM by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

AIG vs. BAM: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

AIG

-4.43%

Insurance - Diversified Industry

Max: 19.59%
Q3: 17.66%
Median: 12.77%
Q1: 7.56%
Min: -4.43%

AIG has a negative Return on Equity of -4.43%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

BAM

22.44%

Asset Management Industry

Max: 34.25%
Q3: 18.22%
Median: 11.24%
Q1: 5.81%
Min: -5.72%

In the upper quartile for the Asset Management industry, BAM’s Return on Equity of 22.44% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

AIG vs. BAM: A comparison of their ROE against their respective Insurance - Diversified and Asset Management industry benchmarks.

Return on Invested Capital

AIG

10.39%

Insurance - Diversified Industry

Max: 32.46%
Q3: 16.21%
Median: 9.46%
Q1: 2.09%
Min: -10.51%

Return on Invested Capital is often not a primary measure of capital efficiency in the Insurance - Diversified industry.

BAM

6.62%

Asset Management Industry

Max: 42.18%
Q3: 20.06%
Median: 8.68%
Q1: 3.13%
Min: -16.42%

BAM’s Return on Invested Capital of 6.62% is in line with the norm for the Asset Management industry, reflecting a standard level of efficiency in generating profits from its capital base.

AIG vs. BAM: A comparison of their ROIC against their respective Insurance - Diversified and Asset Management industry benchmarks.

Net Profit Margin

AIG

-7.05%

Insurance - Diversified Industry

Max: 26.00%
Q3: 19.46%
Median: 9.37%
Q1: 5.55%
Min: -7.05%

AIG has a negative Net Profit Margin of -7.05%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

BAM

65.26%

Asset Management Industry

Max: 91.66%
Q3: 57.81%
Median: 29.48%
Q1: 15.70%
Min: -27.65%

A Net Profit Margin of 65.26% places BAM in the upper quartile for the Asset Management industry, signifying strong profitability and more effective cost management than most of its peers.

AIG vs. BAM: A comparison of their Net Profit Margin against their respective Insurance - Diversified and Asset Management industry benchmarks.

Operating Profit Margin

AIG

13.31%

Insurance - Diversified Industry

Max: 44.52%
Q3: 25.84%
Median: 14.16%
Q1: 6.78%
Min: -2.60%

AIG’s Operating Profit Margin of 13.31% is around the midpoint for the Insurance - Diversified industry, indicating that its efficiency in managing core business operations is typical for the sector.

BAM

54.57%

Asset Management Industry

Max: 99.76%
Q3: 78.28%
Median: 34.76%
Q1: 21.75%
Min: -48.25%

BAM’s Operating Profit Margin of 54.57% is around the midpoint for the Asset Management industry, indicating that its efficiency in managing core business operations is typical for the sector.

AIG vs. BAM: A comparison of their Operating Margin against their respective Insurance - Diversified and Asset Management industry benchmarks.

Profitability at a Glance

Symbol	AIG	BAM
Return on Equity (TTM)	-4.43%	22.44%
Return on Assets (TTM)	-1.19%	6.82%
Return on Invested Capital (TTM)	10.39%	6.62%
Net Profit Margin (TTM)	-7.05%	65.26%
Operating Profit Margin (TTM)	13.31%	54.57%
Gross Profit Margin (TTM)	100.00%	60.27%

Financial Strength

Current Ratio

AIG

Insurance - Diversified Industry

Max: 4.41
Q3: 4.03
Median: 2.86
Q1: 2.82
Min: 2.82

Current Ratio data for AIG is currently unavailable.

BAM

1.68

Asset Management Industry

Max: 12.44
Q3: 5.76
Median: 3.04
Q1: 1.03
Min: 0.01

BAM’s Current Ratio of 1.68 aligns with the median group of the Asset Management industry, indicating that its short-term liquidity is in line with its sector peers.

AIG vs. BAM: A comparison of their Current Ratio against their respective Insurance - Diversified and Asset Management industry benchmarks.

Debt-to-Equity Ratio

AIG

0.21

Insurance - Diversified Industry

Max: 0.54
Q3: 0.39
Median: 0.27
Q1: 0.21
Min: 0.13

AIG’s Debt-to-Equity Ratio of 0.21 is typical for the Insurance - Diversified industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

BAM

0.08

Asset Management Industry

Max: 2.62
Q3: 1.42
Median: 0.76
Q1: 0.34
Min: 0.01

Falling into the lower quartile for the Asset Management industry, BAM’s Debt-to-Equity Ratio of 0.08 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

AIG vs. BAM: A comparison of their D/E Ratio against their respective Insurance - Diversified and Asset Management industry benchmarks.

Interest Coverage Ratio

AIG

8.29

Insurance - Diversified Industry

Max: 19.23
Q3: 17.46
Median: 7.97
Q1: 4.61
Min: -1.63

AIG’s Interest Coverage Ratio of 8.29 is positioned comfortably within the norm for the Insurance - Diversified industry, indicating a standard and healthy capacity to cover its interest payments.

BAM

2.89

Asset Management Industry

Max: 13.30
Q3: 6.30
Median: 2.71
Q1: 1.00
Min: -6.91

BAM’s Interest Coverage Ratio of 2.89 is positioned comfortably within the norm for the Asset Management industry, indicating a standard and healthy capacity to cover its interest payments.

AIG vs. BAM: A comparison of their Interest Coverage against their respective Insurance - Diversified and Asset Management industry benchmarks.

Financial Strength at a Glance

Symbol	AIG	BAM
Current Ratio (TTM)	--	1.68
Quick Ratio (TTM)	--	1.68
Debt-to-Equity Ratio (TTM)	0.21	0.08
Debt-to-Asset Ratio (TTM)	0.05	0.04
Net Debt-to-EBITDA Ratio (TTM)	0.96	0.21
Interest Coverage Ratio (TTM)	8.29	2.89

Growth

The following charts compare key year-over-year (YoY) growth metrics for AIG and BAM. These metrics are based on the companies’ annual financial reports.

Revenue Growth

AIG vs. BAM: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

AIG vs. BAM: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

AIG vs. BAM: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

AIG

1.98%

Insurance - Diversified Industry

Max: 8.16%
Q3: 5.54%
Median: 2.46%
Q1: 1.59%
Min: 0.00%

AIG’s Dividend Yield of 1.98% is consistent with its peers in the Insurance - Diversified industry, providing a dividend return that is standard for its sector.

BAM

2.88%

Asset Management Industry

Max: 26.09%
Q3: 11.60%
Median: 6.37%
Q1: 2.75%
Min: 0.00%

BAM’s Dividend Yield of 2.88% is consistent with its peers in the Asset Management industry, providing a dividend return that is standard for its sector.

AIG vs. BAM: A comparison of their Dividend Yield against their respective Insurance - Diversified and Asset Management industry benchmarks.

Dividend Payout Ratio

AIG

-51.66%

Insurance - Diversified Industry

Max: 101.86%
Q3: 53.36%
Median: 21.69%
Q1: 5.33%
Min: 0.00%

AIG has a negative Dividend Payout Ratio of -51.66%. This typically means the company paid a dividend despite reporting a net loss, a situation that may signal financial instability.

BAM

35.41%

Asset Management Industry

Max: 1,034.88%
Q3: 127.70%
Median: 75.15%
Q1: 34.21%
Min: 0.00%

BAM’s Dividend Payout Ratio of 35.41% is within the typical range for the Asset Management industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

AIG vs. BAM: A comparison of their Payout Ratio against their respective Insurance - Diversified and Asset Management industry benchmarks.

Dividend at a Glance

Symbol	AIG	BAM
Dividend Yield (TTM)	1.98%	2.88%
Dividend Payout Ratio (TTM)	-51.66%	35.41%

Valuation

Price-to-Earnings Ratio

AIG

-25.70

Insurance - Diversified Industry

Max: 18.52
Q3: 16.13
Median: 13.33
Q1: 9.73
Min: 2.62

AIG has a negative P/E Ratio of -25.70. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.

BAM

89.87

Asset Management Industry

Max: 38.72
Q3: 23.40
Median: 11.45
Q1: 8.80
Min: 1.54

At 89.87, BAM’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Asset Management industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

AIG vs. BAM: A comparison of their P/E Ratio against their respective Insurance - Diversified and Asset Management industry benchmarks.

Forward P/E to Growth Ratio

AIG

-1.34

Insurance - Diversified Industry

Max: 2.60
Q3: 2.07
Median: 1.20
Q1: 0.77
Min: 0.04

AIG has a negative Forward PEG Ratio of -1.34. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.

BAM

5.69

Asset Management Industry

Max: 6.38
Q3: 3.23
Median: 1.55
Q1: 0.89
Min: 0.02

A Forward PEG Ratio of 5.69 places BAM in the upper quartile for the Asset Management industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.

AIG vs. BAM: A comparison of their Forward PEG Ratio against their respective Insurance - Diversified and Asset Management industry benchmarks.

Price-to-Sales Ratio

AIG

1.76

Insurance - Diversified Industry

Max: 3.08
Q3: 2.00
Median: 1.15
Q1: 1.07
Min: 0.38

AIG’s P/S Ratio of 1.76 aligns with the market consensus for the Insurance - Diversified industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BAM

58.61

Asset Management Industry

Max: 13.75
Q3: 7.92
Median: 4.87
Q1: 3.51
Min: 0.02

With a P/S Ratio of 58.61, BAM trades at a valuation that eclipses even the highest in the Asset Management industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

AIG vs. BAM: A comparison of their P/S Ratio against their respective Insurance - Diversified and Asset Management industry benchmarks.

Price-to-Book Ratio

AIG

1.19

Insurance - Diversified Industry

Max: 2.12
Q3: 1.80
Median: 1.59
Q1: 1.29
Min: 0.74

AIG’s P/B Ratio of 1.19 is in the lower quartile for the Insurance - Diversified industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

BAM

10.80

Asset Management Industry

Max: 5.33
Q3: 2.75
Median: 1.06
Q1: 0.87
Min: 0.00

The P/B Ratio is often not a primary valuation metric for the Asset Management industry.

AIG vs. BAM: A comparison of their P/B Ratio against their respective Insurance - Diversified and Asset Management industry benchmarks.

Valuation at a Glance

Symbol	AIG	BAM
Price-to-Earnings Ratio (P/E, TTM)	-25.70	89.87
Forward PEG Ratio (TTM)	-1.34	5.69
Price-to-Sales Ratio (P/S, TTM)	1.76	58.61
Price-to-Book Ratio (P/B, TTM)	1.19	10.80
Price-to-Free Cash Flow Ratio (P/FCF, TTM)	17.77	-223.37
EV-to-EBITDA (TTM)	7.31	64.32
EV-to-Sales (TTM)	2.02	58.81