Athene Holding Ltd. 7.250% Fixe

ATHSNYSEFinancial Services● Active

$25.00

+$0.01(+0.04%)

Market Cap$5.1B

P/E Ratio—

52W High$26.17

52W Low$23.6

Avg Volume70K

Open$25.01

Beta0.71

Overview

Athene Holding Ltd. 7.250% Fixe (ATHS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ATHS · free cash flow · updated Jun 9, 2026

Core FCF metrics

ATHS · FCF · TTM · margin & CAGR

Free cash flow was $61.0M for FY2025 (fiscal year ending 2025-12-31), up 118.2% year-over-year The FCF margin was 0.2%. Five-year CAGR stands at -54.6%.

FY2025 Free Cash Flow$61.0M▲ +118.2% YoY

Trailing 12M (TTM)$470.0Mtrailing 4 quarters sum

FCF Margin0.2%$61.0M ÷ revenue

3-Year CAGR-71.6%FY2022 → FY2025

5-Year CAGR-54.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ATHS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$61.0M(0M)$61.0M▲ +118.2%0.2%

FY2024−$336.0M(0M)−$336.0M▼ 108.1%-1.6%

FY2020$4.15B(0M)$4.15B▲ +56.4%28.0%

FY2019$2.66B(0M)$2.66B▼ 7.6%16.3%

FY2018$2.87B(0M)$2.87B▼ 9.3%43.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ATHS · P/FCF · FCF yield · FCF per share

Athene Holding Ltd. 7.250% Fixe (ATHS) trades at a FCF yield of 2.38% and a price-to-free-cash-flow ratio of 10.2x. FCF per share stands at $2.45, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.38%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.45

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x4.1

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ATHS · cash flow statement · operating / investing / financing

For FY2025, Athene Holding Ltd. 7.250% Fixe generated $61.0M in operating cash flow and spent 0M in capital expenditures, yielding $61.0M in free cash flow.

Operating Activities

+$61.0M

Cash from core business operations

2025-12-31

Investing Activities

−$802.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$877.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($61.0M) − |CapEx| (0M) = FCF ($61.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

ATHS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Athene Holding Ltd. 7.250% FixeYOU

ATHS

$61.0M+118.2%0.2%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Athene Holding Ltd. 7.250% Fixe (ATHS) reported free cash flow of $61.0M for FY2025 (fiscal year ending 2025-12-31), up 118.2% year-over-year. The FCF margin was 0.2%.

Based on available data, Athene Holding Ltd. 7.250% Fixe has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $4.15B in FY2020. The 5-year CAGR stands at -54.6%.

Athene Holding Ltd. 7.250% Fixe's FCF yield is 2.38% and price-to-FCF ratio is 10.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ATHS free cash flow · 8 questions

Athene Holding Ltd. 7.250% Fixe free cash flow was $61.0M for FY2025, up 118.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $470.0M.

ATHS free cash flowATHS FCFATHS FCF 2025ATHS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Athene Holding Ltd. 7.250% Fixe · Athene Holding Ltd. 7.250% Fixe SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026