American Financial Group (AFG) Financials

$131.74 +0.34 (+0.26%)

Closing price 05/5/2026 03:59 PM Eastern

Extended Trading

$132.46 +0.72 (+0.55%)

As of 08:30 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	2025
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	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	352	649	475	530	897	732	1,995	898	852	887	842
Consolidated Net Income / (Loss)	370	668	477	517	869	721	1,995	898	852	887	842
Net Income / (Loss) Continuing Operations	370	668	477	517	491	314	1,081	898	852	887	842
Total Pre-Tax Income	565	787	724	639	634	339	1,335	1,123	1,073	1,124	1,073
Total Revenue	6,070	6,421	6,780	7,088	6,145	5,681	6,458	6,955	7,751	8,248	8,094
Net Interest Income / (Expense)	-75	-77	-85	-62	-68	-88	-94	-85	-76	-76	-80
Total Interest Income	0.00	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	80
Long-Term Debt Interest Expense	75	77	85	62	68	88	94	85	76	76	80
Total Non-Interest Income	6,145	6,498	6,865	7,150	6,213	5,769	6,552	7,040	7,827	8,324	8,174
Trust Fees by Commissions	155	190	210	255	269	201	181	268	421	380	283
Other Service Charges	243	224	206	223	86	80	113	117	146	124	115
Net Realized & Unrealized Capital Gains on Investments	1,419	1,732	1,848	1,807	673	389	854	570	729	784	730
Premiums Earned	4,328	4,352	4,601	4,865	5,185	5,099	5,404	6,085	6,531	7,036	7,046
Total Non-Interest Expense	5,505	5,634	6,056	6,449	5,511	5,342	5,123	5,832	6,678	7,124	7,021
Property & Liability Insurance Claims	2,695	2,762	2,955	3,003	3,271	3,271	3,157	3,629	4,033	4,460	4,388
Other Operating Expenses	448	504	603	604	2,240	2,071	1,966	2,203	2,645	2,664	2,633
Income Tax Expense	195	119	247	122	143	25	254	225	221	237	231
Basic Earnings per Share	$4.02	$7.47	$5.40	$5.95	$9.98	$8.25	$23.44	$10.55	$10.06	$10.57	$10.08
Weighted Average Basic Shares Outstanding	87.60M	86.90M	87.80M	89M	89.90M	88.70M	85.10M	85.10M	84.70M	83.90M	83.50M
Diluted Earnings per Share	$3.94	$7.33	$5.28	$5.85	$9.85	$8.20	$23.30	$10.53	$10.05	$10.57	$10.08
Weighted Average Diluted Shares Outstanding	89.40M	88.50M	89.80M	90.60M	91M	89.20M	85.60M	85.30M	84.80M	83.90M	83.50M
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	83.30M
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	$7.28

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	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	200	177	263	242	209	181	255	154	174	215	299
Consolidated Net Income / (Loss)	200	177	263	242	209	181	255	154	174	215	299
Net Income / (Loss) Continuing Operations	200	177	263	242	209	181	255	154	174	215	299
Total Pre-Tax Income	255	219	335	304	271	229	320	197	229	268	379
Total Revenue	1,821	2,145	2,064	1,887	1,881	2,350	2,130	1,837	1,905	2,312	2,040
Net Interest Income / (Expense)	-19	-19	-19	-19	-19	-19	-19	-19	-19	-19	-23
Total Interest Expense	19	19	19	19	19	19	19	19	19	19	23
Long-Term Debt Interest Expense	19	19	19	19	19	19	19	19	19	19	23
Total Non-Interest Income	1,840	2,164	2,083	1,906	1,900	2,369	2,149	1,856	1,924	2,331	2,063
Trust Fees by Commissions	112	105	100	99	98	99	84	76	68	70	69
Other Service Charges	25	43	46	39	27	26	32	27	27	30	31
Net Realized & Unrealized Capital Gains on Investments	196	161	205	222	190	189	183	173	182	218	157
Premiums Earned	1,507	1,855	1,732	1,546	1,585	2,055	1,850	1,580	1,647	2,013	1,806
Total Non-Interest Expense	1,566	1,926	1,729	1,583	1,610	2,121	1,810	1,640	1,676	2,044	1,661
Property & Liability Insurance Claims	905	1,239	1,069	912	937	1,430	1,181	965	1,007	1,355	1,061
Other Operating Expenses	661	687	660	671	673	691	629	675	669	689	600
Income Tax Expense	55	42	72	62	62	48	65	43	55	53	80
Basic Earnings per Share	$2.35	$2.10	$3.12	$2.89	$2.49	$2.16	$3.03	$1.84	$2.07	$2.58	$3.59
Weighted Average Basic Shares Outstanding	85.10M	84.60M	84.70M	83.70M	83.90M	83.90M	83.90M	83.80M	83.50M	83.40M	83.50M
Diluted Earnings per Share	$2.34	$2.09	$3.13	$2.89	$2.49	$2.16	$3.03	$1.84	$2.07	$2.58	$3.59
Weighted Average Diluted Shares Outstanding	85.20M	84.70M	84.80M	83.80M	83.90M	83.90M	83.90M	83.80M	83.50M	83.40M	83.50M
Weighted Average Basic & Diluted Shares Outstanding	84.86M	83.78M	83.66M	83.87M	83.90M	83.93M	83.98M	83.52M	83.39M	83.40M	83.30M

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	2025
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	12/31/2025
Net Change in Cash & Equivalents	-123	887	231	-823	799	496	-679	-1,259	353	181	321
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	1,533
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	1,533
Net Income / (Loss) Continuing Operations	370	668	477	517	869	721	1,995	898	852	887	842
Consolidated Net Income / (Loss)	370	668	477	517	869	721	1,995	898	852	887	842
Depreciation Expense	134	134	107	210	259	299	187	100	78	81	86
Non-Cash Adjustments to Reconcile Net Income	463	289	758	1,259	565	804	-1,417	-214	312	-134	58
Changes in Operating Assets and Liabilities, net	386	59	462	97	763	359	949	369	728	318	547
Net Cash From Investing Activities	-4,573	-2,981	-3,292	-5,350	-3,065	-1,564	-436	-1,051	414	95	-835
Net Cash From Continuing Investing Activities	-4,573	-2,981	-3,292	-5,350	-3,065	-1,564	-436	-1,051	414	95	-835
Purchase of Property, Leasehold Improvements and Equipment	-102	-49	-109	-80	-44	-60	-62	-86	-72	-133	-135
Acquisitions	-	-	-	-36	-	-3.00	-123	-10	-234	-9.00	-7.00
Purchase of Investment Securities	-10,107	-11,160	-13,731	-14,008	-11,336	-13,511	-10,903	-6,559	-3,773	-4,646	-5,579
Sale of Property, Leasehold Improvements and Equipment	117	55	55	3.00	4.00	5.00	46	31	3.00	30	2.00
Divestitures	7.00	0.00	0.00	0.00	0.00	3.00	3,581	-	26	0.00	3.00
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	4,881
Net Cash From Financing Activities	3,097	2,718	1,719	2,444	1,408	-123	-1,957	-1,361	-2,031	-1,066	-377
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	-377
Issuance of Debt	145	302	712	0.00	315	634	-	-	0.00	0.00	344
Issuance of Common Equity	1,087	2,328	2,768	2,016	407	451	2,949	1,222	685	2,353	3,005
Repayment of Debt	-2,217	-2,293	-3,150	-2,916	-3,508	-3,861	-1,931	-477	-21	0.00	0.00
Repurchase of Common Equity	-126	-133	0.00	-6.00	0.00	-313	-319	-11	-213	0.00	-99
Payment of Dividends	-176	-185	-417	-394	-444	-334	-2,374	-1,213	-684	-788	-606
Other Financing Activities, Net	4,384	2,699	1,806	3,744	4,638	3,300	-282	-882	-1,798	-2,631	-3,021

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	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	131	233	4.00	-138	34	201	84	-130	-8.00	574	-115
Net Cash From Operating Activities	115	696	756	107	-88	459	674	342	191	216	784
Net Cash From Continuing Operating Activities	115	696	756	107	-88	459	674	342	191	216	784
Net Income / (Loss) Continuing Operations	200	177	263	242	209	181	255	154	174	215	299
Consolidated Net Income / (Loss)	200	177	263	242	209	181	255	154	174	215	299
Depreciation Expense	19	21	18	20	19	21	21	22	22	20	22
Non-Cash Adjustments to Reconcile Net Income	-94	-4.00	273	-224	-132	138	13	54	-27	49	-18
Changes in Operating Assets and Liabilities, net	-10	502	202	69	-184	119	385	112	22	-68	481
Net Cash From Investing Activities	295	91	-45	-155	149	122	-21	23	36	-130	-764
Net Cash From Continuing Investing Activities	295	91	-45	-155	149	122	-21	23	36	-130	-764
Purchase of Property, Leasehold Improvements and Equipment	-20	-7.00	-32	-38	-33	-29	-33	-25	-33	-41	-36
Purchase of Investment Securities	-640	-949	-871	-1,171	-1,058	-934	-1,483	-1,167	-996	-1,376	-2,040
Sale and/or Maturity of Investments	954	1,255	857	1,054	1,215	1,085	1,499	1,215	1,063	1,291	1,312
Net Cash From Financing Activities	-279	-554	-707	-90	-27	-380	-569	-495	-235	488	-135
Net Cash From Continuing Financing Activities	-279	-554	-707	-90	-27	-380	-569	-495	-235	488	-135
Issuance of Common Equity	33	7.00	53	641	1,143	2.00	567	767	359	1,337	542
Repurchase of Common Equity	-43	-86	-60	0.00	-	-	-	-58	-39	-1.00	-1.00
Payment of Dividends	-53	-52	-186	-268	-59	-58	-403	-233	-68	-66	-239
Other Financing Activities, Net	-211	-423	-514	-463	-1,111	-324	-733	-971	-487	-1,126	-437

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	2025
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	12/31/2025
Total Assets	49,837	55,072	60,658	63,456	70,130	73,710	28,931	28,831	29,787	30,836	32,642
Cash and Due from Banks	1,220	2,107	2,338	1,515	2,314	1,665	2,131	872	1,225	1,406	1,727
Trading Account Securities	34,498	36,953	-	45,474	51,167	11,232	12,944	12,837	13,266	13,502	14,349
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	0.00
Mortgage Servicing Rights	1,067	1,147	-	1,068	1,329	377	520	676	643	791	947
Unearned Premiums Asset	1,417	1,536	-	1,844	2,013	1,997	2,099	2,256	2,432	2,545	2,730
Deferred Acquisition Cost	1,184	1,239	1,216	1,682	1,037	244	267	288	309	320	333
Goodwill	199	199	199	207	414	176	246	246	305	305	327
Other Assets	9,644	11,291	-	11,109	11,435	58,019	1,909	11,656	11,607	11,967	12,229
Total Liabilities & Shareholders' Equity	49,837	55,072	9,678	63,456	70,130	73,710	28,931	28,831	29,787	30,836	32,642
Total Liabilities	45,067	50,153	9,678	58,484	63,861	66,921	18,699	24,779	25,529	26,370	27,822
Long-Term Debt	998	1,283	-	1,302	1,473	1,963	13,038	1,496	1,475	1,475	1,820
Claims and Claim Expense	8,127	8,563	9,678	9,741	10,232	10,392	-	11,974	13,087	14,179	15,094
Unearned Premiums Liability	2,060	2,171	-	2,595	2,830	2,803	3,041	3,246	3,451	3,584	3,736
Other Long-Term Liabilities	6,652	7,629	-	7,673	8,292	51,763	2,620	8,063	7,516	7,132	7,172
Total Equity & Noncontrolling Interests	4,770	4,919	5,331	4,972	6,269	6,789	5,012	4,052	4,258	4,466	4,820
Total Preferred & Common Equity	4,592	4,916	0.00	4,970	6,269	6,789	5,012	4,052	4,258	4,466	4,820
Total Common Equity	4,592	4,916	0.00	4,970	6,269	6,789	5,012	4,052	4,258	4,466	4,820
Common Stock	1,301	1,198	-	1,334	1,397	1,367	1,415	1,453	1,456	1,495	1,513
Retained Earnings	2,987	3,343	-	3,588	4,009	4,149	3,478	3,142	3,121	3,211	3,357
Accumulated Other Comprehensive Income / (Loss)	304	375	-	48	863	1,273	119	-543	-319	-240	-50

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	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	29,532	28,481	29,048	30,825	30,001	29,913	32,591	30,294	30,669	33,834
Cash and Due from Banks	794	857	988	1,221	1,087	1,121	1,322	1,276	1,268	1,842
Trading Account Securities	12,721	12,821	12,727	12,796	13,316	13,220	13,505	12,965	13,712	13,781
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	676	646	645	644	722	773	765	827	909	975
Unearned Premiums Asset	2,878	2,480	2,908	3,311	2,684	3,052	3,341	2,694	3,202	3,477
Deferred Acquisition Cost	292	285	316	324	309	328	340	316	345	349
Goodwill	246	246	246	305	305	305	305	305	305	327
Other Assets	11,925	1,917	11,218	12,224	11,578	11,114	13,013	11,911	10,928	13,083
Total Liabilities & Shareholders' Equity	29,532	28,481	29,048	30,825	30,001	29,913	32,591	30,294	30,669	33,834
Total Liabilities	25,600	19,282	25,055	26,844	25,761	25,529	27,883	25,902	26,153	29,104
Long-Term Debt	1,533	13,239	1,474	1,474	1,475	1,475	1,475	1,476	1,476	1,820
Claims and Claim Expense	12,067	-	11,925	12,891	13,050	12,607	14,206	13,970	13,834	15,079
Unearned Premiums Liability	3,785	3,435	3,686	3,997	3,650	3,816	4,320	3,710	4,026	4,450
Other Long-Term Liabilities	8,215	2,608	7,970	8,482	7,586	7,631	7,882	6,746	6,817	7,755
Total Equity & Noncontrolling Interests	3,932	3,941	3,993	3,981	4,240	4,384	4,708	4,392	4,516	4,730
Total Preferred & Common Equity	3,932	3,941	3,993	3,981	4,240	4,384	4,708	4,392	4,516	4,730
Total Common Equity	3,932	3,941	3,993	3,981	4,240	4,384	4,708	4,392	4,516	4,730
Common Stock	1,443	1,459	1,462	1,456	1,466	1,476	1,484	1,493	1,497	1,504
Retained Earnings	3,091	2,933	3,042	3,095	3,089	3,239	3,360	3,078	3,151	3,299
Accumulated Other Comprehensive Income / (Loss)	-602	-451	-511	-570	-315	-331	-136	-179	-132	-73

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	2025
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	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
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	$10.08
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	83.50M
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	$10.08
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	83.50M
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	$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	83.30M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

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

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.35	$2.10	$3.12	$2.89	$2.49	$2.16	$3.03	$1.84	$2.07	$2.58	$3.59
Adjusted Weighted Average Basic Shares Outstanding	85.10M	84.60M	84.70M	83.70M	83.90M	83.90M	83.90M	83.80M	83.50M	83.40M	83.50M
Adjusted Diluted Earnings per Share	$2.34	$2.09	$3.13	$2.89	$2.49	$2.16	$3.03	$1.84	$2.07	$2.58	$3.59
Adjusted Weighted Average Diluted Shares Outstanding	85.20M	84.70M	84.80M	83.80M	83.90M	83.90M	83.90M	83.80M	83.50M	83.40M	83.50M
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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	84.86M	83.78M	83.66M	83.87M	83.90M	83.93M	83.98M	83.52M	83.39M	83.40M	83.30M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for American Financial Group (NYSE: AFG) drawn from the quarterly statements over the last four years, focusing on the latest quarter (Q4 2025) and notable year-over-year and year-to-date changes. The highlights cover profitability, cash flow, capital returns, and balance-sheet dynamics that could matter to retail investors.

Net income to common shareholders in Q4 2025 reached $299,000,000, with basic and diluted earnings per share of $3.59, up from $255,000,000 and $3.03 in Q4 2024.
Q4 2025 operating cash flow remained robust, with net cash from continuing operating activities of $784,000,000, signaling strong cash generation to support ongoing activities and distributions.
Non-interest income remained a major earnings driver in Q4 2025: total non-interest income $2,063,000,000, including premiums earned of $1,806,000,000 and net realized/unrealized capital gains of $157,000,000, highlighting a diversified revenue base beyond net interest.
Dividend per share stands at $0.80, reflecting a consistent capital return policy that can appeal to income-focused investors.
Capital base expanded: total common equity about $4.730 billion in Q3 2025, up modestly from about $4.708 billion in Q3 2024, indicating a stronger Bosch of equity capital.
Total assets climbed to roughly $33.834 billion by Q3 2025, up from about $30.294 billion at the start of 2025, pointing to scale growth without yet signaling deterioration in core profitability.
Long-term debt rose to about $1.82 billion by Q3 2025 (from about $1.48 billion in early 2025), suggesting higher leverage, though still within a manageable range for a diversified insurer/holding company.
Total liabilities reached about $29.104 billion by Q3 2025, marking a meaningful increase from mid-2025 levels and highlighting higher leverage in the period.
Net interest income/expense in Q4 2025 shows a net interest expense component of $23,000,000, indicating that interest costs offset some of the net interest income in the quarter.
Net change in cash and equivalents for Q4 2025 was a decrease of $115,000,000, reflecting cash outflows despite strong operating cash flow, due to investing and financing activities.

05/06/26 08:31 AM ETAI Generated. May Contain Errors.

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 2025 ended on December 31, 2025.

How has American Financial Group's net income changed over the last 10 years?

American Financial Group's net income appears to be on an upward trend, with a most recent value of $842 million in 2025, rising from $370 million in 2015. The previous period was $887 million in 2024. See American Financial Group's forecast for analyst expectations on whatâ€™s next for the company.

How has American Financial Group's revenue changed over the last 10 years?

Over the last 10 years, American Financial Group's total revenue changed from $6.07 billion in 2015 to $8.09 billion in 2025, a change of 33.3%.

How much debt does American Financial Group have?

American Financial Group's total liabilities were at $27.82 billion at the end of 2025, a 5.5% increase from 2024, and a 38.3% decrease since 2015.

How much cash does American Financial Group have?

In the past 10 years, American Financial Group's cash and equivalents has ranged from $872 million in 2022 to $2.34 billion in 2017, and is currently $1.73 billion as of their latest financial filing in 2025.

Related Companies

Financial statements for NYSE:AFG last updated on 2/26/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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American Financial Group (AFG) Financials

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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

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About American Financial Group's Financials

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