American Financial Group (AFG) Financials

$129.22 -0.47 (-0.36%)

Closing price 05/5/2025 03:59 PM Eastern

Extended Trading

$130.00 +0.78 (+0.60%)

As of 04:24 AM Eastern

Annual Income Statements for American Financial Group

This table shows American Financial Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	352	649	475	530	897	732	1,995	898	852	887
Consolidated Net Income / (Loss)	370	668	477	517	869	721	1,995	898	852	887
Net Income / (Loss) Continuing Operations	370	668	477	517	491	314	1,081	898	852	887
Total Pre-Tax Income	565	787	724	639	634	339	1,335	1,123	1,073	1,124
Total Revenue	6,070	6,421	6,780	7,088	6,145	5,681	6,458	6,955	7,751	8,248
Net Interest Income / (Expense)	-75	-77	-85	-62	-68	-88	-94	-85	-76	-76
Total Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	75	77	85	62	68	88	94	85	76	76
Long-Term Debt Interest Expense	75	77	85	62	68	88	94	85	76	76
Total Non-Interest Income	6,145	6,498	6,865	7,150	6,213	5,769	6,552	7,040	7,827	8,324
Trust Fees by Commissions	155	190	210	255	269	201	181	268	421	380
Other Service Charges	243	224	206	223	86	80	113	117	146	124
Net Realized & Unrealized Capital Gains on Investments	1,419	1,732	1,848	1,807	673	389	854	570	729	784
Premiums Earned	4,328	4,352	4,601	4,865	5,185	5,099	5,404	6,085	6,531	7,036
Total Non-Interest Expense	5,505	5,634	6,056	6,449	5,511	5,342	5,123	5,832	6,678	7,124
Property & Liability Insurance Claims	2,695	2,762	2,955	3,003	3,271	3,271	3,157	3,629	4,033	4,460
Other Operating Expenses	448	504	603	604	2,240	2,071	1,966	2,203	2,645	2,664
Income Tax Expense	195	119	247	122	143	25	254	225	221	237
Basic Earnings per Share	$4.02	$7.47	$5.40	$5.95	$9.98	$8.25	$23.44	$10.55	$10.06	$10.57
Weighted Average Basic Shares Outstanding	87.60M	86.90M	87.80M	89M	89.90M	88.70M	85.10M	85.10M	84.70M	83.90M
Diluted Earnings per Share	$3.94	$7.33	$5.28	$5.85	$9.85	$8.20	$23.30	$10.53	$10.05	$10.57
Weighted Average Diluted Shares Outstanding	89.40M	88.50M	89.80M	90.60M	91M	89.20M	85.60M	85.30M	84.80M	83.90M
Weighted Average Basic & Diluted Shares Outstanding	87.60M	86.90M	88M	89.10M	90.34M	86.40M	84.93M	85.20M	83.66M	83.98M
Cash Dividends to Common per Share	$2.03	$2.15	$4.79	$4.45	$4.95	$3.85	$28.06	$14.31	$8.10	$9.43

This table shows American Financial Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	165	276	212	200	177	263	242	209	181	255
Consolidated Net Income / (Loss)	165	276	212	200	177	263	242	209	181	255
Net Income / (Loss) Continuing Operations	165	276	212	200	177	263	242	209	181	255
Total Pre-Tax Income	210	346	264	255	219	335	304	271	229	320
Total Revenue	1,965	1,909	1,721	1,821	2,145	2,064	1,887	1,881	2,350	2,130
Net Interest Income / (Expense)	-19	-20	-19	-19	-19	-19	-19	-19	-19	-19
Total Interest Expense	19	20	19	19	19	19	19	19	19	19
Long-Term Debt Interest Expense	19	20	19	19	19	19	19	19	19	19
Total Non-Interest Income	1,984	1,929	1,740	1,840	2,164	2,083	1,906	1,900	2,369	2,149
Trust Fees by Commissions	75	93	104	112	105	100	99	98	99	84
Other Service Charges	31	24	32	25	43	46	39	27	26	32
Net Realized & Unrealized Capital Gains on Investments	111	189	167	196	161	205	222	190	189	183
Premiums Earned	1,767	1,623	1,437	1,507	1,855	1,732	1,546	1,585	2,055	1,850
Total Non-Interest Expense	1,755	1,563	1,457	1,566	1,926	1,729	1,583	1,610	2,121	1,810
Property & Liability Insurance Claims	1,176	986	820	905	1,239	1,069	912	937	1,430	1,181
Other Operating Expenses	579	577	637	661	687	660	671	673	691	629
Income Tax Expense	45	70	52	55	42	72	62	62	48	65
Basic Earnings per Share	$1.93	$3.24	$2.49	$2.35	$2.10	$3.12	$2.89	$2.49	$2.16	$3.03
Weighted Average Basic Shares Outstanding	85.20M	85.10M	85.20M	85.10M	84.60M	84.70M	83.70M	83.90M	83.90M	83.90M
Diluted Earnings per Share	$1.93	$3.24	$2.49	$2.34	$2.09	$3.13	$2.89	$2.49	$2.16	$3.03
Weighted Average Diluted Shares Outstanding	85.40M	85.30M	85.40M	85.20M	84.70M	84.80M	83.80M	83.90M	83.90M	83.90M
Weighted Average Basic & Diluted Shares Outstanding	85.14M	85.20M	85.18M	84.86M	83.78M	83.66M	83.87M	83.90M	83.93M	83.98M

This table details how cash moves in and out of American Financial Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-123	887	231	-823	799	496	-679	-1,259	353	181
Net Cash From Operating Activities	1,353	1,150	1,804	2,083	2,456	2,183	1,714	1,153	1,970	1,152
Net Cash From Continuing Operating Activities	1,353	1,150	1,804	2,083	2,456	2,183	1,714	1,153	1,970	1,152
Net Income / (Loss) Continuing Operations	370	668	477	517	869	721	1,995	898	852	887
Consolidated Net Income / (Loss)	370	668	477	517	869	721	1,995	898	852	887
Depreciation Expense	134	134	107	210	259	299	187	100	78	81
Non-Cash Adjustments to Reconcile Net Income	463	289	758	1,259	565	804	-1,417	-214	312	-134
Changes in Operating Assets and Liabilities, net	386	59	462	97	763	359	949	369	728	318
Net Cash From Investing Activities	-4,573	-2,981	-3,292	-5,350	-3,065	-1,564	-436	-1,051	414	95
Net Cash From Continuing Investing Activities	-4,573	-2,981	-3,292	-5,350	-3,065	-1,564	-436	-1,051	414	95
Purchase of Property, Leasehold Improvements and Equipment	-102	-49	-109	-80	-44	-60	-62	-86	-72	-133
Acquisitions	-	-	-	-36	-	-3.00	-123	-10	-234	-9.00
Purchase of Investment Securities	-10,107	-11,160	-13,731	-14,008	-11,336	-13,511	-10,903	-6,559	-3,773	-4,646
Sale of Property, Leasehold Improvements and Equipment	117	55	55	3.00	4.00	5.00	46	31	3.00	30
Sale and/or Maturity of Investments	5,512	8,173	10,493	8,728	8,311	12,427	9,083	5,573	4,464	4,853
Other Investing Activities, net	-	-	-	43	0.00	-425	-2,058	0.00	26	0.00
Net Cash From Financing Activities	3,097	2,718	1,719	2,444	1,408	-123	-1,957	-1,361	-2,031	-1,066
Net Cash From Continuing Financing Activities	3,097	2,718	1,719	2,444	1,408	-123	-1,957	-1,361	-2,031	-1,066
Issuance of Common Equity	1,087	2,328	2,768	2,016	407	451	2,949	1,222	685	2,353
Repayment of Debt	-2,217	-2,293	-3,150	-2,916	-3,508	-3,861	-1,931	-477	-21	0.00
Repurchase of Common Equity	-126	-133	0.00	-6.00	0.00	-313	-319	-11	-213	0.00
Payment of Dividends	-176	-185	-417	-394	-444	-334	-2,374	-1,213	-684	-788
Other Financing Activities, Net	4,384	2,699	1,806	3,744	4,638	3,300	-282	-882	-1,798	-2,631

This table details how cash moves in and out of American Financial Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-173	78	-15	131	233	4.00	-138	34	201	84
Net Cash From Operating Activities	529	110	403	115	696	756	107	-88	459	674
Net Cash From Continuing Operating Activities	529	110	403	115	696	756	107	-88	459	674
Net Income / (Loss) Continuing Operations	165	276	212	200	177	263	242	209	181	255
Consolidated Net Income / (Loss)	165	276	212	200	177	263	242	209	181	255
Depreciation Expense	25	22	20	19	21	18	20	19	21	21
Non-Cash Adjustments to Reconcile Net Income	118	-351	137	-94	-4.00	273	-153	-132	138	13
Changes in Operating Assets and Liabilities, net	221	163	34	-10	502	202	-2.00	-184	119	385
Net Cash From Investing Activities	-561	11	73	295	91	-45	-155	149	122	-21
Net Cash From Continuing Investing Activities	-561	11	73	295	91	-45	-155	149	122	-21
Purchase of Property, Leasehold Improvements and Equipment	-14	-14	-13	-20	-7.00	-32	-38	-33	-29	-33
Acquisitions	-	-	-	-	-	-	-	-	-	-9.00
Purchase of Investment Securities	-1,381	-1,202	-1,313	-640	-949	-871	-1,171	-1,058	-934	-1,483
Sale of Property, Leasehold Improvements and Equipment	7.00	-	1.00	1.00	-	1.00	0.00	25	-	5.00
Sale and/or Maturity of Investments	837	1,227	1,398	954	1,255	857	1,054	1,215	1,085	1,499
Net Cash From Financing Activities	-141	-43	-491	-279	-554	-707	-90	-27	-380	-569
Net Cash From Continuing Financing Activities	-141	-43	-491	-279	-554	-707	-90	-27	-380	-569
Issuance of Common Equity	50	544	592	33	7.00	53	641	1,143	2.00	567
Payment of Dividends	-47	-224	-393	-53	-52	-186	-268	-59	-58	-403
Other Financing Activities, Net	-136	-321	-650	-211	-423	-514	-463	-1,111	-324	-733

This table presents American Financial Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	49,837	55,072	60,658	63,456	70,130	73,710	28,931	28,831	29,787	30,836
Cash and Due from Banks	1,220	2,107	2,338	1,515	2,314	1,665	2,131	872	1,225	1,406
Trading Account Securities	34,498	36,953	-	45,474	51,167	11,232	12,944	12,837	13,266	13,502
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mortgage Servicing Rights	1,067	1,147	-	1,068	1,329	377	520	676	643	791
Unearned Premiums Asset	1,417	1,536	-	1,844	2,013	1,997	2,099	2,256	2,432	2,545
Deferred Acquisition Cost	1,184	1,239	1,216	1,682	1,037	244	267	288	309	320
Goodwill	199	199	199	207	414	176	246	246	305	305
Other Assets	9,644	11,291	-	11,109	11,435	58,019	1,909	11,656	11,607	11,967
Total Liabilities & Shareholders' Equity	49,837	55,072	9,678	63,456	70,130	73,710	28,931	28,831	29,787	30,836
Total Liabilities	45,067	50,153	9,678	58,484	63,861	66,921	18,699	24,779	25,529	26,370
Long-Term Debt	998	1,283	-	1,302	1,473	1,963	13,038	1,496	1,475	1,475
Claims and Claim Expense	8,127	8,563	9,678	9,741	10,232	10,392	-	11,974	13,087	14,179
Unearned Premiums Liability	2,060	2,171	-	2,595	2,830	2,803	3,041	3,246	3,451	3,584
Other Long-Term Liabilities	6,652	7,629	-	7,673	8,292	51,763	2,620	8,063	7,516	7,132
Total Equity & Noncontrolling Interests	4,770	4,919	5,331	4,972	6,269	6,789	5,012	4,052	4,258	4,466
Total Preferred & Common Equity	4,592	4,916	0.00	4,970	6,269	6,789	5,012	4,052	4,258	4,466
Total Common Equity	4,592	4,916	0.00	4,970	6,269	6,789	5,012	4,052	4,258	4,466
Common Stock	1,301	1,198	-	1,334	1,397	1,367	1,415	1,453	1,456	1,495
Retained Earnings	2,987	3,343	-	3,588	4,009	4,149	3,478	3,142	3,121	3,211
Accumulated Other Comprehensive Income / (Loss)	304	375	-	48	863	1,273	119	-543	-319	-240

This table presents American Financial Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	29,532	28,481	29,048	30,825	30,001	29,913	32,591
Cash and Due from Banks	794	857	988	1,221	1,087	1,121	1,322
Trading Account Securities	12,721	12,821	12,727	12,796	13,316	13,220	13,505
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Mortgage Servicing Rights	676	646	645	644	722	773	765
Unearned Premiums Asset	2,878	2,480	2,908	3,311	2,684	3,052	3,341
Deferred Acquisition Cost	292	285	316	324	309	328	340
Goodwill	246	246	246	305	305	305	305
Other Assets	11,925	1,917	11,218	12,224	11,578	11,114	13,013
Total Liabilities & Shareholders' Equity	29,532	28,481	29,048	30,825	30,001	29,913	32,591
Total Liabilities	25,600	19,282	25,055	26,844	25,761	25,529	27,883
Long-Term Debt	1,533	13,239	1,474	1,474	1,475	1,475	1,475
Claims and Claim Expense	12,067	-	11,925	12,891	13,050	12,607	14,206
Unearned Premiums Liability	3,785	3,435	3,686	3,997	3,650	3,816	4,320
Other Long-Term Liabilities	8,215	2,608	7,970	8,482	7,586	7,631	7,882
Total Equity & Noncontrolling Interests	3,932	3,941	3,993	3,981	4,240	4,384	4,708
Total Preferred & Common Equity	3,932	3,941	3,993	3,981	4,240	4,384	4,708
Total Common Equity	3,932	3,941	3,993	3,981	4,240	4,384	4,708
Common Stock	1,443	1,459	1,462	1,456	1,466	1,476	1,484
Retained Earnings	3,091	2,933	3,042	3,095	3,089	3,239	3,360
Accumulated Other Comprehensive Income / (Loss)	-602	-451	-511	-570	-315	-331	-136

This table displays calculated financial ratios and metrics derived from American Financial Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.26%	5.78%	5.59%	4.54%	-13.30%	-7.55%	13.68%	7.70%	11.45%	6.41%
EBITDA Growth	-9.22%	31.76%	-9.77%	2.17%	5.18%	-28.56%	138.56%	-19.65%	-5.89%	4.69%
EBIT Growth	-9.74%	39.29%	-8.01%	-11.74%	-0.78%	-46.53%	293.81%	-15.88%	-4.45%	4.75%
NOPAT Growth	-8.87%	80.54%	-28.59%	8.39%	-5.03%	-36.05%	244.27%	-16.93%	-5.12%	4.11%
Net Income Growth	-8.87%	80.54%	-28.59%	8.39%	68.09%	-17.03%	176.70%	-54.99%	-5.12%	4.11%
EPS Growth	-20.72%	86.04%	-27.97%	10.80%	68.38%	-16.75%	184.15%	-54.81%	-4.56%	5.17%
Operating Cash Flow Growth	9.91%	-15.00%	56.87%	15.47%	17.91%	-11.12%	-21.48%	-32.73%	70.86%	-41.52%
Free Cash Flow Firm Growth	2,755.56%	-67.36%	-19,032.05%	202.08%	-102.16%	28.76%	-1,830.60%	238.57%	-96.42%	1.80%
Invested Capital Growth	-5.67%	7.52%	721.99%	-87.69%	23.40%	13.05%	165.88%	-76.16%	3.33%	3.63%
Revenue Q/Q Growth	1.22%	1.82%	1.07%	-1.58%	-20.51%	38.43%	1.10%	2.57%	2.04%	0.81%
EBITDA Q/Q Growth	-1.83%	17.03%	-9.87%	-23.51%	-15.11%	593.48%	5.33%	-7.84%	-1.29%	-0.99%
EBIT Q/Q Growth	3.67%	15.74%	-6.46%	-32.38%	-21.73%	254.09%	8.18%	-8.10%	-1.01%	-1.32%
NOPAT Q/Q Growth	1.37%	62.93%	-31.76%	-27.99%	-23.64%	303.90%	8.86%	-8.09%	-1.50%	-0.89%
Net Income Q/Q Growth	1.37%	62.93%	-31.76%	-27.99%	35.15%	230.73%	-14.52%	-8.09%	-1.50%	-0.89%
EPS Q/Q Growth	1.03%	65.09%	-32.31%	-26.78%	36.05%	194.96%	-13.09%	-8.36%	-1.08%	-0.94%
Operating Cash Flow Q/Q Growth	-7.58%	-3.52%	29.13%	-0.24%	-1.64%	-11.30%	-10.36%	-13.44%	48.79%	-6.65%
Free Cash Flow Firm Q/Q Growth	-0.28%	150.65%	-6,483.43%	4,842.40%	-53.86%	18.88%	-700.67%	585.57%	-23.77%	306.59%
Invested Capital Q/Q Growth	-0.31%	-6.85%	665.12%	-2.97%	-0.03%	3.60%	223.02%	1.52%	5.10%	-3.91%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	11.52%	14.34%	12.26%	11.98%	14.53%	11.23%	23.57%	17.58%	14.85%	14.61%
EBIT Margin	9.31%	12.26%	10.68%	9.02%	10.32%	5.97%	20.67%	16.15%	13.84%	13.63%
Profit (Net Income) Margin	6.10%	10.40%	7.04%	7.29%	14.14%	12.69%	30.89%	12.91%	10.99%	10.75%
Tax Burden Percent	65.49%	84.88%	65.88%	80.91%	137.07%	212.68%	149.44%	79.96%	79.40%	78.91%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	34.51%	15.12%	34.12%	19.09%	22.56%	7.37%	19.03%	20.04%	20.60%	21.09%
Return on Invested Capital (ROIC)	6.23%	11.16%	1.67%	1.81%	7.01%	3.81%	6.75%	6.23%	15.11%	15.20%
ROIC Less NNEP Spread (ROIC-NNEP)	6.23%	11.16%	1.67%	1.81%	34.25%	27.50%	15.79%	6.23%	15.11%	15.20%
Return on Net Nonoperating Assets (RNNOA)	1.31%	2.63%	7.64%	8.23%	8.46%	7.24%	27.06%	13.58%	5.40%	5.14%
Return on Equity (ROE)	7.53%	13.79%	9.31%	10.04%	15.46%	11.04%	33.81%	19.81%	20.51%	20.33%
Cash Return on Invested Capital (CROIC)	12.07%	3.91%	-154.95%	157.97%	-13.94%	-8.44%	-83.92%	129.22%	11.83%	11.63%
Operating Return on Assets (OROA)	1.16%	1.50%	1.25%	1.03%	0.95%	0.47%	2.60%	3.89%	3.66%	3.71%
Return on Assets (ROA)	0.76%	1.27%	0.82%	0.83%	1.30%	1.00%	3.89%	3.11%	2.91%	2.93%
Return on Common Equity (ROCE)	7.26%	13.53%	4.46%	4.84%	15.46%	11.04%	33.81%	19.81%	20.51%	20.33%
Return on Equity Simple (ROE_SIMPLE)	8.06%	13.59%	0.00%	10.40%	13.86%	10.62%	39.80%	22.16%	20.01%	19.86%
Net Operating Profit after Tax (NOPAT)	370	668	477	517	491	314	1,081	898	852	887
NOPAT Margin	6.10%	10.40%	7.04%	7.29%	7.99%	5.53%	16.74%	12.91%	10.99%	10.75%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	-27.24%	-23.69%	-9.04%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	90.69%	87.74%	89.32%	90.98%	89.68%	94.03%	79.33%	83.85%	86.16%	86.37%
Earnings before Interest and Taxes (EBIT)	565	787	724	639	634	339	1,335	1,123	1,073	1,124
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	699	921	831	849	893	638	1,522	1,223	1,151	1,205
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.73	0.85	0.00	0.97	0.99	0.74	1.89	2.50	2.16	2.56
Price to Tangible Book Value (P/TBV)	0.76	0.89	0.00	1.01	1.06	0.76	1.99	2.66	2.33	2.75
Price to Revenue (P/Rev)	0.55	0.65	0.81	0.68	1.01	0.88	1.47	1.46	1.19	1.38
Price to Earnings (P/E)	9.50	6.44	11.54	9.11	6.91	6.84	4.75	11.28	10.81	12.88
Dividend Yield	5.30%	6.55%	7.69%	8.22%	7.20%	6.68%	25.11%	13.71%	7.37%	6.93%
Earnings Yield	10.53%	15.52%	8.66%	10.97%	14.46%	14.62%	21.05%	8.86%	9.25%	7.77%
Enterprise Value to Invested Capital (EV/IC)	0.57	0.54	0.06	0.74	0.69	0.61	0.88	1.94	1.65	1.93
Enterprise Value to Revenue (EV/Rev)	0.54	0.52	0.46	0.65	0.87	0.93	3.16	1.55	1.22	1.39
Enterprise Value to EBITDA (EV/EBITDA)	4.72	3.65	3.78	5.44	6.00	8.31	13.39	8.79	8.22	9.54
Enterprise Value to EBIT (EV/EBIT)	5.84	4.27	4.34	7.23	8.45	15.65	15.27	9.58	8.82	10.22
Enterprise Value to NOPAT (EV/NOPAT)	8.92	5.03	6.59	8.93	10.92	16.89	18.86	11.98	11.10	12.96
Enterprise Value to Operating Cash Flow (EV/OCF)	2.44	2.92	1.74	2.22	2.18	2.43	11.89	9.33	4.80	9.98
Enterprise Value to Free Cash Flow (EV/FCFF)	4.60	14.37	0.00	0.10	0.00	0.00	0.00	0.58	14.18	16.92
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.26	0.00	0.26	0.24	0.29	2.60	0.37	0.35	0.33
Long-Term Debt to Equity	0.21	0.26	0.00	0.26	0.24	0.29	2.60	0.37	0.35	0.33
Financial Leverage	0.21	0.24	4.58	4.56	0.25	0.26	1.71	2.18	0.36	0.34
Leverage Ratio	9.91	10.83	11.29	12.05	11.88	11.02	8.70	6.37	7.05	6.95
Compound Leverage Factor	9.91	10.83	11.29	12.05	11.88	11.02	8.70	6.37	7.05	6.95
Debt to Total Capital	17.30%	20.69%	0.00%	20.75%	19.03%	22.43%	72.23%	26.96%	25.73%	24.83%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	17.30%	20.69%	0.00%	20.75%	19.03%	22.43%	72.23%	26.96%	25.73%	24.83%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	3.09%	0.05%	0.00%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.61%	79.26%	0.00%	79.22%	80.97%	77.57%	27.77%	73.04%	74.27%	75.17%
Debt to EBITDA	1.43	1.39	0.00	1.53	1.65	3.08	8.57	1.22	1.28	1.22
Net Debt to EBITDA	-0.32	-0.89	0.00	-0.25	-0.94	0.47	7.17	0.51	0.22	0.06
Long-Term Debt to EBITDA	1.43	1.39	0.00	1.53	1.65	3.08	8.57	1.22	1.28	1.22
Debt to NOPAT	2.70	1.92	0.00	2.52	3.00	6.25	12.06	1.67	1.73	1.66
Net Debt to NOPAT	-0.60	-1.23	0.00	-0.41	-1.71	0.95	10.09	0.69	0.29	0.08
Long-Term Debt to NOPAT	2.70	1.92	0.00	2.52	3.00	6.25	12.06	1.67	1.73	1.66
Noncontrolling Interest Sharing Ratio	3.59%	1.87%	52.04%	51.76%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	717	234	-44,301	45,223	-977	-696	-13,437	18,620	667	679
Operating Cash Flow to CapEx	0.00%	0.00%	3,340.74%	2,705.19%	6,140.00%	3,969.09%	10,712.50%	2,096.36%	2,855.07%	1,118.45%
Free Cash Flow to Firm to Interest Expense	9.56	3.04	-521.19	729.40	-14.37	-7.91	-142.95	219.06	8.78	8.93
Operating Cash Flow to Interest Expense	18.04	14.94	21.22	33.60	36.12	24.81	18.23	13.56	25.92	15.16
Operating Cash Flow Less CapEx to Interest Expense	18.24	15.01	20.59	32.35	35.53	24.18	18.06	12.92	25.01	13.80
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.12	0.12	0.12	0.11	0.09	0.08	0.13	0.24	0.26	0.27
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,768	6,202	50,980	6,274	7,742	8,752	23,270	5,548	5,733	5,941
Invested Capital Turnover	1.02	1.07	0.24	0.25	0.88	0.69	0.40	0.48	1.37	1.41
Increase / (Decrease) in Invested Capital	-347	434	44,778	-44,706	1,468	1,010	14,518	-17,722	185	208
Enterprise Value (EV)	3,300	3,361	3,144	4,618	5,360	5,304	20,383	10,756	9,461	11,492
Market Capitalization	3,344	4,182	5,482	4,829	6,201	5,006	9,476	10,132	9,211	11,423
Book Value per Share	$52.57	$56.61	$0.00	$55.68	$69.52	$78.17	$59.10	$47.59	$50.82	$53.21
Tangible Book Value per Share	$50.29	$54.31	($2.26)	$53.37	$64.93	$76.15	$56.20	$44.70	$47.18	$49.58
Total Capital	5,768	6,202	5,331	6,274	7,742	8,752	18,050	5,548	5,733	5,941
Total Debt	998	1,283	0.00	1,302	1,473	1,963	13,038	1,496	1,475	1,475
Total Long-Term Debt	998	1,283	0.00	1,302	1,473	1,963	13,038	1,496	1,475	1,475
Net Debt	-222	-824	-2,338	-213	-841	298	10,907	624	250	69
Capital Expenditures (CapEx)	-15	-6.00	54	77	40	55	16	55	69	103
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	-378	-407	-914	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	998	1,283	45,649	1,302	1,473	1,963	18,258	1,496	1,475	1,475
Total Depreciation and Amortization (D&A)	134	134	107	210	259	299	187	100	78	81
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.02	$7.47	$5.40	$5.95	$9.98	$8.25	$23.44	$10.55	$10.06	$10.57
Adjusted Weighted Average Basic Shares Outstanding	87.60M	86.90M	87.80M	89M	89.90M	88.70M	85.10M	85.10M	84.70M	83.90M
Adjusted Diluted Earnings per Share	$3.94	$7.33	$5.28	$5.85	$9.85	$8.20	$23.30	$10.53	$10.05	$10.57
Adjusted Weighted Average Diluted Shares Outstanding	89.40M	88.50M	89.80M	90.60M	91M	89.20M	85.60M	85.30M	84.80M	83.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	86.59M	87.01M	88.43M	89.31M	90.34M	86.40M	84.93M	85.20M	83.66M	83.98M
Normalized Net Operating Profit after Tax (NOPAT)	487	826	591	728	491	314	1,081	898	852	887
Normalized NOPAT Margin	8.03%	12.86%	8.72%	10.27%	7.99%	5.53%	16.74%	12.91%	10.99%	10.75%
Pre Tax Income Margin	9.31%	12.26%	10.68%	9.02%	10.32%	5.97%	20.67%	16.15%	13.84%	13.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.53	10.22	8.52	10.31	9.32	3.85	14.20	13.21	14.12	14.79
NOPAT to Interest Expense	4.93	8.68	5.61	8.34	7.22	3.57	11.50	10.56	11.21	11.67
EBIT Less CapEx to Interest Expense	7.73	10.30	7.88	9.06	8.74	3.23	14.03	12.56	13.21	13.43
NOPAT Less CapEx to Interest Expense	5.13	8.75	4.98	7.10	6.63	2.94	11.33	9.92	10.30	10.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	47.57%	27.69%	87.42%	76.21%	51.09%	46.32%	119.00%	135.08%	80.28%	88.84%
Augmented Payout Ratio	81.62%	47.60%	87.42%	77.37%	51.09%	89.74%	134.99%	136.30%	105.28%	88.84%

This table displays calculated financial ratios and metrics derived from American Financial Group's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.58%	10.03%	9.97%	20.12%	9.16%	8.12%	9.65%	3.29%	9.56%	3.20%
EBITDA Growth	-20.07%	-22.03%	-26.62%	17.60%	2.13%	-4.08%	14.08%	5.84%	4.17%	-3.40%
EBIT Growth	-21.35%	-22.25%	-26.87%	23.79%	4.29%	-3.18%	15.15%	6.27%	4.57%	-4.48%
NOPAT Growth	-24.66%	-22.25%	-26.90%	19.76%	7.27%	-4.71%	14.15%	4.50%	2.26%	-3.04%
Net Income Growth	-24.66%	-22.25%	-26.90%	19.76%	7.27%	-4.71%	14.15%	4.50%	2.26%	-3.04%
EPS Growth	-24.61%	-22.86%	-26.76%	19.39%	8.29%	-3.40%	16.06%	6.41%	3.35%	-3.19%
Operating Cash Flow Growth	16.26%	-61.94%	-19.88%	945.45%	31.57%	587.27%	-73.45%	-176.52%	-34.05%	-10.85%
Free Cash Flow Firm Growth	30.14%	227.08%	-807.87%	-83.88%	-90.18%	-99.57%	209.64%	-153.51%	-392.51%	-39.74%
Invested Capital Growth	-24.14%	-76.16%	232.32%	-2.53%	-0.18%	3.33%	-74.53%	7.17%	13.35%	3.63%
Revenue Q/Q Growth	29.62%	-2.85%	-9.85%	5.81%	17.79%	-3.78%	-8.58%	-0.32%	24.93%	-9.36%
EBITDA Q/Q Growth	0.86%	56.60%	-22.83%	-3.52%	-12.41%	47.08%	-8.22%	-10.49%	-13.79%	36.40%
EBIT Q/Q Growth	1.94%	64.76%	-23.70%	-3.41%	-14.12%	52.97%	-9.25%	-10.86%	-15.50%	39.74%
NOPAT Q/Q Growth	-1.20%	67.27%	-23.19%	-5.66%	-11.50%	48.59%	-7.98%	-13.64%	-13.40%	40.88%
Net Income Q/Q Growth	-1.20%	67.27%	-23.19%	-5.66%	-11.50%	48.59%	-7.98%	-13.64%	-13.40%	40.88%
EPS Q/Q Growth	-1.53%	67.88%	-23.15%	-6.02%	-10.68%	49.76%	-7.67%	-13.84%	-13.25%	40.28%
Operating Cash Flow Q/Q Growth	4,709.09%	-79.21%	266.36%	-71.46%	505.22%	8.62%	-85.85%	-182.24%	621.59%	46.84%
Free Cash Flow Firm Q/Q Growth	-10.27%	845.27%	-185.98%	102.21%	-45.32%	-58.29%	21,650.00%	-101.08%	-198.91%	108.59%
Invested Capital Q/Q Growth	-2.57%	1.52%	304.43%	-75.64%	-0.22%	5.10%	-0.31%	2.52%	5.53%	-3.91%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	11.96%	19.28%	16.50%	15.05%	11.19%	17.10%	17.17%	15.42%	10.64%	16.01%
EBIT Margin	10.69%	18.12%	15.34%	14.00%	10.21%	16.23%	16.11%	14.41%	9.74%	15.02%
Profit (Net Income) Margin	8.40%	14.46%	12.32%	10.98%	8.25%	12.74%	12.82%	11.11%	7.70%	11.97%
Tax Burden Percent	78.57%	79.77%	80.30%	78.43%	80.82%	78.51%	79.61%	77.12%	79.04%	79.69%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	21.43%	20.23%	19.70%	21.57%	19.18%	21.49%	20.39%	22.88%	20.96%	20.31%
Return on Invested Capital (ROIC)	8.99%	6.98%	6.00%	14.71%	11.48%	17.51%	7.21%	15.65%	10.83%	16.92%
ROIC Less NNEP Spread (ROIC-NNEP)	8.99%	6.98%	6.00%	14.71%	11.48%	17.51%	7.21%	15.65%	10.83%	16.92%
Return on Net Nonoperating Assets (RNNOA)	3.43%	15.21%	13.96%	5.50%	4.36%	6.26%	17.61%	5.51%	3.68%	5.72%
Return on Equity (ROE)	12.42%	22.19%	19.96%	20.21%	15.84%	23.77%	24.82%	21.16%	14.51%	22.64%
Cash Return on Invested Capital (CROIC)	42.88%	129.22%	-101.86%	17.97%	16.03%	11.83%	125.07%	8.81%	2.87%	11.63%
Operating Return on Assets (OROA)	2.44%	4.36%	3.81%	3.64%	2.57%	4.29%	4.36%	3.90%	2.51%	4.09%
Return on Assets (ROA)	1.91%	3.48%	3.06%	2.85%	2.08%	3.37%	3.47%	3.01%	1.99%	3.26%
Return on Common Equity (ROCE)	12.42%	22.19%	19.96%	20.21%	15.84%	23.77%	24.82%	21.16%	14.51%	22.64%
Return on Equity Simple (ROE_SIMPLE)	24.85%	0.00%	20.81%	21.36%	21.73%	0.00%	20.80%	20.32%	19.01%	0.00%
Net Operating Profit after Tax (NOPAT)	165	276	212	200	177	263	242	209	181	255
NOPAT Margin	8.40%	14.46%	12.32%	10.98%	8.25%	12.74%	12.82%	11.11%	7.70%	11.97%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	89.31%	81.88%	84.66%	86.00%	89.79%	83.77%	83.89%	85.59%	90.26%	84.98%
Earnings before Interest and Taxes (EBIT)	210	346	264	255	219	335	304	271	229	320
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	235	368	284	274	240	353	324	290	250	341
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.36	2.50	2.45	2.38	2.23	2.16	2.67	2.34	2.38	2.56
Price to Tangible Book Value (P/TBV)	2.52	2.66	2.62	2.53	2.42	2.33	2.87	2.52	2.55	2.75
Price to Revenue (P/Rev)	1.37	1.46	1.36	1.28	1.17	1.19	1.43	1.29	1.37	1.38
Price to Earnings (P/E)	9.49	11.28	11.79	11.13	10.28	10.81	12.82	11.51	12.54	12.88
Dividend Yield	22.27%	13.71%	16.20%	14.76%	8.13%	7.37%	4.95%	5.53%	5.11%	6.93%
Earnings Yield	10.54%	8.86%	8.48%	8.99%	9.73%	9.25%	7.80%	8.68%	7.97%	7.77%
Enterprise Value to Invested Capital (EV/IC)	1.83	1.94	0.98	1.83	1.68	1.65	2.05	1.81	1.84	1.93
Enterprise Value to Revenue (EV/Rev)	1.48	1.55	3.10	1.35	1.20	1.22	1.48	1.33	1.39	1.39
Enterprise Value to EBITDA (EV/EBITDA)	7.54	8.79	19.68	8.60	7.84	8.22	9.82	8.79	9.35	9.54
Enterprise Value to EBIT (EV/EBIT)	8.19	9.58	21.49	9.28	8.43	8.82	10.51	9.40	9.99	10.22
Enterprise Value to NOPAT (EV/NOPAT)	10.24	11.98	26.89	11.70	10.57	11.10	13.26	11.91	12.72	12.96
Enterprise Value to Operating Cash Flow (EV/OCF)	7.51	9.33	20.94	8.62	6.91	4.80	6.99	7.21	9.22	9.98
Enterprise Value to Free Cash Flow (EV/FCFF)	3.69	0.58	0.00	10.03	10.45	14.18	0.66	21.27	68.15	16.92
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.39	0.37	3.36	0.37	0.37	0.35	0.35	0.34	0.31	0.33
Long-Term Debt to Equity	0.39	0.37	3.36	0.37	0.37	0.35	0.35	0.34	0.31	0.33
Financial Leverage	0.38	2.18	2.33	0.37	0.38	0.36	2.44	0.35	0.34	0.34
Leverage Ratio	6.48	6.37	6.52	7.09	7.63	7.05	7.15	7.04	7.30	6.95
Compound Leverage Factor	6.48	6.37	6.52	7.09	7.63	7.05	7.15	7.04	7.30	6.95
Debt to Total Capital	28.05%	26.96%	77.06%	26.96%	27.02%	25.73%	25.81%	25.17%	23.86%	24.83%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	28.05%	26.96%	77.06%	26.96%	27.02%	25.73%	25.81%	25.17%	23.86%	24.83%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	71.95%	73.04%	22.94%	73.04%	72.98%	74.27%	74.19%	74.83%	76.14%	75.17%
Debt to EBITDA	1.16	1.22	11.82	1.27	1.26	1.28	1.24	1.22	1.21	1.22
Net Debt to EBITDA	0.56	0.51	11.06	0.42	0.22	0.22	0.33	0.29	0.13	0.06
Long-Term Debt to EBITDA	1.16	1.22	11.82	1.27	1.26	1.28	1.24	1.22	1.21	1.22
Debt to NOPAT	1.57	1.67	16.15	1.73	1.70	1.73	1.67	1.66	1.65	1.66
Net Debt to NOPAT	0.76	0.69	15.10	0.57	0.29	0.29	0.44	0.40	0.17	0.08
Long-Term Debt to NOPAT	1.57	1.67	16.15	1.73	1.70	1.73	1.67	1.66	1.65	1.66
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,904	17,998	-15,474	342	187	78	16,965	-183	-547	47
Operating Cash Flow to CapEx	7,557.14%	785.71%	3,358.33%	605.26%	9,942.86%	2,438.71%	281.58%	-1,100.00%	1,582.76%	2,407.14%
Free Cash Flow to Firm to Interest Expense	100.21	899.90	-814.42	18.00	9.84	4.11	892.89	-9.63	-28.79	2.47
Operating Cash Flow to Interest Expense	27.84	5.50	21.21	6.05	36.63	39.79	5.63	-4.63	24.16	35.47
Operating Cash Flow Less CapEx to Interest Expense	27.47	4.80	20.58	5.05	36.26	38.16	3.63	-5.05	22.63	34.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.23	0.24	0.25	0.26	0.25	0.26	0.27	0.27	0.26	0.27
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,465	5,548	22,438	5,467	5,455	5,733	5,715	5,859	6,183	5,941
Invested Capital Turnover	1.07	0.48	0.49	1.34	1.39	1.37	0.56	1.41	1.41	1.41
Increase / (Decrease) in Invested Capital	-1,739	-17,722	15,686	-142	-10	185	-16,723	392	728	208
Enterprise Value (EV)	10,009	10,756	22,047	9,979	9,143	9,461	11,695	10,613	11,381	11,492
Market Capitalization	9,270	10,132	9,665	9,493	8,890	9,211	11,307	10,259	11,228	11,423
Book Value per Share	$46.17	$47.59	$46.26	$46.88	$46.91	$50.82	$50.66	$52.27	$56.11	$53.21
Tangible Book Value per Share	$43.28	$44.70	$43.37	$43.99	$43.32	$47.18	$47.01	$48.64	$52.48	$49.58
Total Capital	5,465	5,548	17,180	5,467	5,455	5,733	5,715	5,859	6,183	5,941
Total Debt	1,533	1,496	13,239	1,474	1,474	1,475	1,475	1,475	1,475	1,475
Total Long-Term Debt	1,533	1,496	13,239	1,474	1,474	1,475	1,475	1,475	1,475	1,475
Net Debt	739	624	12,382	486	253	250	388	354	153	69
Capital Expenditures (CapEx)	7.00	14	12	19	7.00	31	38	8.00	29	28
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	1,533	1,496	18,497	1,474	1,474	1,475	1,475	1,475	1,475	1,475
Total Depreciation and Amortization (D&A)	25	22	20	19	21	18	20	19	21	21
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.93	$3.24	$2.49	$2.35	$2.10	$3.12	$2.89	$2.49	$2.16	$3.03
Adjusted Weighted Average Basic Shares Outstanding	85.20M	85.10M	85.20M	85.10M	84.60M	84.70M	83.70M	83.90M	83.90M	83.90M
Adjusted Diluted Earnings per Share	$1.93	$3.24	$2.49	$2.34	$2.09	$3.13	$2.89	$2.49	$2.16	$3.03
Adjusted Weighted Average Diluted Shares Outstanding	85.40M	85.30M	85.40M	85.20M	84.70M	84.80M	83.80M	83.90M	83.90M	83.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	85.14M	85.20M	85.18M	84.86M	83.78M	83.66M	83.87M	83.90M	83.93M	83.98M
Normalized Net Operating Profit after Tax (NOPAT)	165	276	212	200	177	263	242	209	181	255
Normalized NOPAT Margin	8.40%	14.46%	12.32%	10.98%	8.25%	12.74%	12.82%	11.11%	7.70%	11.97%
Pre Tax Income Margin	10.69%	18.12%	15.34%	14.00%	10.21%	16.23%	16.11%	14.41%	9.74%	15.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.05	17.30	13.89	13.42	11.53	17.63	16.00	14.26	12.05	16.84
NOPAT to Interest Expense	8.68	13.80	11.16	10.53	9.32	13.84	12.74	11.00	9.53	13.42
EBIT Less CapEx to Interest Expense	10.68	16.60	13.26	12.42	11.16	16.00	14.00	13.84	10.53	15.37
NOPAT Less CapEx to Interest Expense	8.32	13.10	10.53	9.53	8.95	12.21	10.74	10.58	8.00	11.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	192.53%	135.08%	169.51%	84.06%	83.47%	80.28%	63.38%	63.41%	63.80%	88.84%
Augmented Payout Ratio	193.65%	136.30%	173.17%	92.61%	101.27%	105.28%	84.81%	79.80%	70.50%	88.84%

Frequently Asked Questions About American Financial Group's Financials

When does American Financial Group's fiscal year end?

According to the most recent income statement we have on file, American Financial Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has American Financial Group's net income changed over the last 9 years?

American Financial Group's net income appears to be on an upward trend, with a most recent value of $887 million in 2024, rising from $370 million in 2015. The previous period was $852 million in 2023. See American Financial Group's forecast for analyst expectations on what’s next for the company.

How has American Financial Group revenue changed over the last 9 years?

Over the last 9 years, American Financial Group's total revenue changed from $6.07 billion in 2015 to $8.25 billion in 2024, a change of 35.9%.

How much debt does American Financial Group have?

American Financial Group's total liabilities were at $26.37 billion at the end of 2024, a 3.3% increase from 2023, and a 41.5% decrease since 2015.

How much cash does American Financial Group have?

In the past 9 years, American Financial Group's cash and equivalents has ranged from $872 million in 2022 to $2.34 billion in 2017, and is currently $1.41 billion as of their latest financial filing in 2024.

How has American Financial Group's book value per share changed over the last 9 years?

Over the last 9 years, American Financial Group's book value per share changed from 52.57 in 2015 to 53.21 in 2024, a change of 1.2%.

Related Companies

This page (NYSE:AFG) was last updated on 5/6/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

American Financial Group (AFG) Financials

Frequently Asked Questions About American Financial Group's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

American Financial Group (AFG) Financials

Annual Income Statements for American Financial Group

Quarterly Income Statements for American Financial Group

Annual Cash Flow Statements for American Financial Group

Quarterly Cash Flow Statements for American Financial Group

Annual Balance Sheets for American Financial Group

Quarterly Balance Sheets for American Financial Group

Annual Metrics and Ratios for American Financial Group

Quarterly Metrics and Ratios for American Financial Group

Frequently Asked Questions About American Financial Group's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools