---
title: American International Group (AIG) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/aig
ticker: AIG
as_of: 2026-10-17
sector: Financial Services
industry: Insurance - Diversified
---
# American International Group (AIG)

American International Group (AIG) closed at $80.74 on Oct 16, 2026, overvalued by 90% vs its model value of $42.56 (from the justified price to book).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $80.74 (Oct 16, 2026) |
| Model value (from the justified price to book) | $42.56 |
| Price vs model | overvalued by 90% vs model |
| Range of that model | $37.24 – $49.65 |
| Market value | $42.8B |
| P/E (fiscal 2025) | 14.9 |
| Net margin (fiscal 2025) | 11.6% |
| Free cash flow (fiscal 2025) | — |
| Dividend yield (trailing twelve months) | 2.35% |
| Beta | 0.53 |
| Cost of capital (WACC) | 7.24% |
| Business classification | Dividend Payer (Revenue declining (~-24% recent), Moderate margins (12% net margin), Pays dividends, Highly cyclical earnings) |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 2.35% |
| Dividends per share, last 12 months | $1.90 |
| Dividends / earnings (fiscal 2025) | 31.5% |
| Raised | 3 years in a row |
| Growth over 5 years | 8.2% a year |
| Latest payment | $0.50, ex-date Sep 16, 2026, paid Sep 30, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 15, 2021 | $1.28 |
| To Sep 15, 2022 | $1.28 |
| To Sep 14, 2023 | $1.36 |
| To Sep 16, 2024 | $1.52 |
| To Sep 16, 2025 | $1.70 |
| Trailing twelve months (to Sep 16, 2026) | $1.90 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/B · justified | primary | $42.56 | $37.24 | $49.65 |
| P/E · peers | cross check | $72.91 | $68.83 | $87.63 |
| P/E · own history | cross check | $39.31 | $32.44 | $98.17 |
| PEG | sanity check | $185.95 | $185.95 | $185.95 |
| Dividend discount | cross check | $41.05 | $27.41 | $71.51 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 3 open-market sales ($18.1M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 16, 2026 | Dandridge Edward Lee | EVP, Chief Marketing & Comms | Option/RSU exercise | 2,813 | $0 |
| Oct 16, 2026 | Dandridge Edward Lee | EVP, Chief Marketing & Comms | Tax withholding | 1,437 | $116,023.4 |
| Oct 16, 2026 | Dandridge Edward Lee | EVP, Chief Marketing & Comms | Option/RSU exercise | 2,813 | $0 |
| Oct 1, 2026 | WITTMAN VANESSA AMES | Director | Grant / award | 76 | — |
| Oct 1, 2026 | Perez Juan R. | Director | Grant / award | 34 | — |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 24, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/5272/000110465926110438/tm2625844d1_8k.htm |
| Sep 16, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers | https://www.sec.gov/Archives/edgar/data/5272/000000527226000091/aig-20260916.htm |
| Sep 2, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/5272/000000527226000088/aig-20260901.htm |
| Aug 7, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/5272/000000527226000076/aig-20260630.htm |
| Aug 6, 2026 | 8-K | 2.02 Results of Operations (Earnings); 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/5272/000000527226000072/aig-20260806.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bill Nygren | 2026-06-30 | 20,357,272 | $1.5B |
| Richard Pzena | 2026-06-30 | 456,619 | $34.0M |
| Bridgewater | 2026-06-30 | 295,074 | $22.0M |
| Soros | 2026-06-30 | 144,410 | $10.8M |

4 tracked managers in all.

## About

American International Group, Inc. (AIG) is a global insurance provider, delivering a broad spectrum of insurance solutions to commercial, institutional, and individual clients across North America and worldwide. Its General Insurance division encompasses a wide range of coverages, including general liability, environmental protection, commercial auto liability, workers' compensation, casualty, and crisis management. This segment also covers property risks for commercial, industrial, and energy sectors, with further specialized offerings such as aerospace, political risk, trade credit, portfolio solutions, crop, and marine insurance policies. Additionally, AIG supplies professional liability coverage for various business operations and potential hazards, such as directors and officers (D&O), mergers and acquisitions (M&A), fidelity bonds, employment practices, fiduciary liability, cyber…

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Source: https://sweetvaluelab.com/stocks/aig (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.