American Financial Group (AFG)

NYSE Financials Multi-line Insurance S&P MidCap 400
$154.55
-1.80 (-1.15%)
Close of Nov 06, 2026 · end-of-day data
Source: American Financial Group's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$6.50B$6.87B$7.15B$6.21B$5.77B$6.55B$7.04B$7.83B$8.32B$8.17B
Selling, general & admin————$1.62B$1.55B$1.72B$1.94B$2.01B$2.06B
Operating income$787.00M$724.00M$639.00M$634.00M$339.00M$1.33B$1.12B$1.07B$1.12B$1.07B
Interest expense$77.00M$85.00M$62.00M$68.00M$88.00M$94.00M$85.00M$76.00M$76.00M$80.00M
Pre-tax income$787.00M$724.00M$639.00M$1.11B$848.00M—————
Income tax$119.00M$247.00M$122.00M$143.00M$25.00M$254.00M$225.00M$221.00M$237.00M$231.00M
Net income$649.00M$475.00M$530.00M$897.00M$732.00M$2.00B$898.00M$852.00M$887.00M$842.00M
EBITDA$921.00M$831.00M$849.00M$893.00M$638.00M$1.52B$1.22B$1.15B$1.21B$1.16B
EPS (basic)$7.47$5.40$5.95$9.98$8.25$23.44$10.55$10.06$10.57$10.08
EPS (diluted)$7.33$5.28$5.85$9.85$8.20$23.30$10.53$10.05$10.57$10.08
Diluted shares88.50M89.80M90.60M91.00M89.20M85.60M85.30M84.80M83.90M83.50M
Operating margin12.1%10.5%8.9%10.2%5.9%20.4%16.0%13.7%13.5%13.1%
Net margin10.0%6.9%7.4%14.4%12.7%30.4%12.8%10.9%10.7%10.3%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$2.11B$2.34B$1.51B$2.31B$1.67B$2.13B$872.00M$1.23B$1.41B$1.73B
Goodwill$199.00M$199.00M$176.00M$176.00M$176.00M$246.00M$246.00M$305.00M$305.00M$327.00M
Total assets$55.07B$60.66B$63.46B$70.13B$73.71B$28.93B$28.83B$29.79B$30.84B$32.64B
Long-term debt$1.28B$1.30B$1.30B$1.47B$1.96B$1.96B$1.50B$1.48B$1.48B$1.82B
Total debt$1.28B$1.30B$1.30B$1.47B$1.96B$1.96B$1.50B$1.48B$1.48B$1.82B
Total liabilities$50.15B$55.32B$58.48B$63.86B$66.92B$23.92B$24.78B$25.53B$26.37B$27.82B
Shareholders' equity$4.92B$5.33B$4.97B$6.27B$6.79B$5.01B$4.05B$4.26B$4.47B$4.82B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.15B$1.80B$2.08B$2.46B$2.18B$1.71B$1.15B$1.97B$1.15B$1.53B
Free cash flow$1.15B$1.80B$2.08B$2.46B$2.18B$1.71B$1.15B$1.97B$1.15B$1.53B
Investing cash flow-$2.98B-$3.29B-$5.35B-$3.06B-$1.56B-$436.00M-$1.05B$414.00M$95.00M-$835.00M
Financing cash flow$2.72B$1.72B$2.44B$1.41B-$123.00M-$1.96B-$1.36B-$2.03B-$1.07B-$377.00M
Dividends paid$185.00M$417.00M$394.00M$444.00M$334.00M$2.37B$1.21B$684.00M$788.00M$606.00M
Share buybacks$133.00M$0$6.00M$0$313.00M$319.00M$11.00M$213.00M$0$99.00M
Stock-based compensation$28.00M$30.00M$23.00M$23.00M$20.00M$16.00M$19.00M$18.00M$18.00M$18.00M
Depreciation & amortization$134.00M$107.00M$210.00M$259.00M$299.00M$187.00M$100.00M$78.00M$81.00M$86.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.