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What this page is: Delvantic's full research page for Aegon N.V. (AEG) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.

Page map (sections in order; each card carries a stable reference-name attribute you can cite):

  • profile-header / price-overview — company profile, live quote, market cap
  • extended-analysisthe core: three AI lens reads with findings, scores, and the analyst memo
  • future-predictions — our forward price-band predictions
  • market-narrative / ai-findings / gpt-critique — narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)
  • Members-only sections (render as login gates for anonymous readers): price-history, income-trend, key-metrics, financials (statement tables), insider-trading. The analysis above is public; the raw data tables require a free account.

More for machine readers: site briefing at /llms.txt · any ticker resolves at delvantic.com/stock/TICKER · raw inputs are public-company filings and market data (via licensed data feeds); every model, score, lens read, and prediction on this page is Delvantic's own analysis.

Aegon N.V.

AEG NYSE GICS Category PDF
Financial Services · Insurance - Diversified
Schiphol, 1118 BH, Netherlands aegon.com Updated Aug 10, 1:21pm
Price
$9.48
Market Cap
$14.1B
Employees
15,304
Beta
0.62
Avg Volume
5,177,840
Last Dividend
$0.47
CEO
Mr. E. Lard Friese

Aegon N.V. is a multinational financial services corporation primarily focused on providing insurance, pensions, and asset management solutions. Established in the Netherlands, Aegon operates extensively across Europe, Asia, and the Americas, offering its services to both individual and institutional clients. The company's core offerings include life insurance, retirement products, and a range of financial planning services designed to help clients secure their financial futures. Aegon plays a significant role in sectors such as healthcare, where its insurance products offer coverage and benefits planning, and in the financial markets, where its asset management division influences capital allocation and investment strategies. It also has a strong presence in the pension and wealth management markets, helping individuals and businesses manage their long-term savings and investments effectively. In the global financial landscape, Aegon stands out for its commitment to sustainability and corporate responsibility, aligning its business practices with broader societal goals. Through its diverse product offerings and strategic global presence, Aegon continues to have a meaningful impact on how consumers and institutions navigate financial planning and insurance needs.

Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 10
No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Jul 8, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
+50.0%
Oct '25
-4.7%
Nov '25
+16.1%
Jan '26
+9.9%
May '26
+25.0%
Jul '26
Print date EPS est. EPS actual Revenue est. Revenue actual
Jul 8, 2026 $0.04 $0.05 +25.0%
May 7, 2026 $1.11 $1.22 +9.9%
Jan 23, 2026 $1.61 $1.87 +16.1%
Nov 4, 2025 $3.16 $3.01 -4.7%
Oct 13, 2025 $0.02 $0.03 +50.0%

Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.

Recent SEC Filings
Filed Form Document
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 8, 2026 4 View
Jul 1, 2026 6-K View
Jun 25, 2026 425 View
Jun 24, 2026 11-K View

Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.

Price Overview
Last updated: Aug 11, 2026 11:03am (just now)
Current data · timestamped when a report runs
$9.45
Change · Aug 11
+0.00 (+0.00%)
Day Range
$9.42 – $9.49
52-Week Range
$6.75 – $9.61
50-Day MA
$8.81
200-Day MA
$7.98
Volume
36,859.00
Share Structure
Outstanding 1,512,525,453.00
Float 1,227,656,409.00
Free Float 81.2%
High free float — 81.2% of shares trade freely, ~18.8% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Aug 11, 2026 11:03am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Aug 5, 2026 10:57pm (5d ago)
Why there are no quarterly figures for Aegon N.V.

This company does not file structured financial statements with the U.S. SEC, so quarterly figures aren't available from our filings-based data engine. Annual figures shown here come from the sources that do cover it.

Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
TD Twelve Data statement HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEX
Stock Price / EPS (Diluted)
12.50
Stock Price: $9.48
EPS (Diluted): N/A
EPS not available in income statement
P/B Ratio (Price vs net asset value)
HEX
Stock Price / Book Value Per Share
Stock Price: $9.48
Total Equity: $10.96B
Shares: N/A
Missing from API: Shares
EV/EBITDA (Total value vs operating profit)
HEX
Enterprise Value / EBITDA
Market Cap: $14.09B
Total Debt: $0.00
Cash: $3.15B
EBITDA: N/A
EBITDA not available
Enterprise Value (Takeover price (cap + debt - cash))
HEX
Market Cap + Total Debt - Cash
$10.9B
Market Cap: $14.09B
Total Debt: $0.00
Cash: $3.15B
Gross Margin (Revenue left after direct costs)
HEX
Gross Profit / Revenue
Gross Profit: N/A
Revenue: $31.00B
Missing from API: Gross Profit
Operating Margin (Revenue left after all operations)
HEX
Operating Income / Revenue
Operating Income: N/A
Revenue: $31.00B
Missing from API: Operating Income
Net Margin (Revenue left as actual profit)
HEX
Net Income / Revenue
3.6%
Net Income: $1.13B
Revenue: $31.00B
ROE (Profit from shareholder equity)
HEX
Net Income / Total Equity
10.3%
Net Income: $1.13B
Total Equity: $10.96B
ROIC (Profit from all invested capital)
HEX
NOPAT / Invested Capital
Operating Income: N/A
Tax Rate: 6.2%
Equity: $10.96B
Total Debt: $0.00
Cash: $3.15B
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
HEX
Current Assets / Current Liabilities
Current Assets: N/A
Current Liabilities: N/A
Missing from API: Current Assets, Current Liabilities
Debt/Equity (Leverage — debt vs equity)
HEX
Total Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $10.96B
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
HEX
Revenue / Shares Outstanding
Revenue: $31.00B
Shares: N/A
Missing from API: Shares
Book Value/Share (Net assets per share)
HEX
(Total Assets - Total Liabilities) / Shares
Total Equity: $10.96B
Shares: N/A
Missing from API: Shares
FCF/Share (Real cash generated per share)
HEX
(Operating Cash Flow + CapEx) / Shares
Operating CF: $500.96M
CapEx: -$47.33M
Shares: N/A
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TD
Last Annual Dividend / Stock Price
4.9%
Last Dividend: $0.47
Stock Price: $9.48
Payout Ratio (Earnings paid out as dividends)
HEX
Dividends Paid / Net Income
61.0%
Dividends Paid: -$687.95M
Net Income: $1.13B
Income Statement (Annual)
Last updated: Aug 5, 2026 10:57pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $29.1B $24.6B $23.1B $22.5B $31.0B
Cost of Revenue
Gross Profit
Operating Expenses $1.8B $1.4B $2.2B $2.1B $2.1B
Operating Income $28.0B -$40.5B
Net Income $2.3B -$1.7B -$206.5M $793.9M $1.1B
EBITDA
EPS $1.08 $-0.92 $-0.14 $0.43
EPS (Diluted) $1.08 $-0.92 $-0.14 $0.43
Balance Sheet (Annual)
Last updated: Aug 10, 2026 1:21pm (21h ago)
Metric 2022 2022 2023 2024 2025
Cash & Equivalents $7.9B $7.9B $4.7B $4.0B $3.2B
Total Current Assets
Total Assets $530.5B $530.5B $348.1B $377.9B $366.2B
Current Liabilities
Long-Term Debt $3.3B
Total Liabilities $514.8B $514.8B $337.1B $367.1B $355.2B
Total Equity $15.7B $15.7B $11.0B $10.7B $11.0B
Retained Earnings
Cash Flow (Annual)
Last updated: Aug 10, 2026 1:21pm (21h ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$2.1B $3.3B $997.3M $879.6M $501.0M
Capital Expenditure -$87.7M -$83.1M -$75.0M -$58.9M -$47.3M
Free Cash Flow -$2.2B $3.2B $922.3M $820.7M $453.6M
Acquisitions (net) -$39.2M -$47.3M -$15.0M
Net Debt Issued / (Repaid) $1.1B -$596.8M -$1.8B -$241.2M -$878.4M
Dividends Paid -$139.7M -$192.8M -$570.2M -$601.4M -$688.0M
Stock Buybacks
Net Change in Cash -$1.8B $1.8B -$5.0B -$801.1M -$682.2M
Growth Trends (YoY %)
Last updated: Aug 5, 2026 10:57pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth -15.4% -6.0% -2.7% +37.6%
Gross Profit Growth
Operating Income Growth -244.8%
Net Income Growth -172.4% +87.5% +484.4% +42.0%
EBITDA Growth
Dividend History (Last 20)
Last updated: Aug 5, 2026 10:57pm (5d ago)
Date Dividend Declaration Record Payment
2026-06-15 $0.25
2025-06-17 $0.22
2024-09-05 $0.18
2024-06-17 $0.17
2023-08-29 $0.15
2023-05-26 $0.13
2022-08-23 $0.11
2022-06-02 $0.10
2021-08-26 $0.09
2021-06-07 $0.07
2020-08-21 $0.01
2019-08-23 $0.17
2019-05-21 $0.17
2018-05-22 $0.16
2017-08-17 $0.15
2017-05-22 $0.15
2016-08-18 $0.15
2016-05-23 $0.15
2015-08-20 $0.13
2015-05-21 $0.13
Industry Benchmarks
Compares AEG against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for AEG — it's generated by the pipeline (market-narrative step).
Claude Reading
Claude Opus reviews the pipeline's raw data + every prior verdict, then writes an independent take.
No AI findings yet for AEG — they're generated by the pipeline (ai-findings step) when a report is run on this ticker.
GPT Reading
GPT reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No GPT reading yet for AEG — it's generated by the pipeline (gpt-critique step) after the other Big-3 seats, when a report is run on this ticker.
Grok Reading
Grok (xAI) reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No Grok reading yet for AEG — it's generated by the pipeline (grok-critique step) alongside the other Big-3 seats, when a report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
A separate, manually-run forensic pipeline (dilution, earnings quality, liquidity → two scored lenses → the play). Hasn't been run for this ticker yet.
Community AI Feedback
No community reviews yet for AEG. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.525 · a5aac093 · 2026-08-10 20:52:14