American Finl Group Inc Ohio (AFG) reported $8.3B in revenue over the twelve months to Jun 30, 2026, down 0.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash conversion remains positive, but margin compression and capital outlays increasingly determine how much cash remains after distributions.
In FY2025, operating cash flow of$1.5B exceeded net income of$842M , indicating earnings converted into cash rather than remaining purely accounting-based. Dividends and buybacks totaled$705M against$835M of investing outflows, so those uses consumed virtually all operating cash before financing.
The operating margin fell from
Assets expanded through FY2025 while return on assets was
Financial Health Signals
Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of American Finl Group Inc Ohio's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for American Finl Group Inc Ohio, and counted as zero in the overall score.
American Finl Group Inc Ohio passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, American Finl Group Inc Ohio generates $1.82 in operating cash flow ($1.5B OCF vs $842.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
American Finl Group Inc Ohio earns $13.41 in operating income for every $1 of interest expense ($1.1B vs $80.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
American Finl Group Inc Ohio generated $8.2B in revenue in fiscal year 2025. This represents a decrease of 1.8% from the prior year.
American Finl Group Inc Ohio's EBITDA was $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3.8% from the prior year.
American Finl Group Inc Ohio reported $842.0M in net income in fiscal year 2025. This represents a decrease of 5.1% from the prior year.
American Finl Group Inc Ohio earned $10.08 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 4.6% from the prior year.
Cash & Balance Sheet
American Finl Group Inc Ohio held $1.7B in cash against $1.8B in long-term debt as of fiscal year 2025.
American Finl Group Inc Ohio paid $7.28 per share in dividends in fiscal year 2025. This represents a decrease of 22.8% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
American Finl Group Inc Ohio's operating margin was 13.1% in fiscal year 2025, reflecting core business profitability. This is down 0.4 percentage points from the prior year.
American Finl Group Inc Ohio's net profit margin was 10.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
American Finl Group Inc Ohio's ROE was 17.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
American Finl Group Inc Ohio spent $99.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
AFG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B+9.5% | $1.9B-10.1% | $2.1B-11.5% | $2.3B+21.2% | $1.9B+3.7% | $1.9B-13.6% | $2.1B-9.3% | $2.4B |
| SG&A Expenses | $560.0M+0.7% | $556.0M+19.3% | $466.0M-11.9% | $529.0M-0.9% | $534.0M+0.8% | $530.0M+10.4% | $480.0M-7.3% | $518.0M |
| Operating Income | $316.0M+32.2% | $239.0M-36.9% | $379.0M+41.4% | $268.0M+17.0% | $229.0M+16.2% | $197.0M-38.4% | $320.0M+39.7% | $229.0M |
| Interest Expense | $24.0M+4.3% | $23.0M0.0% | $23.0M+21.1% | $19.0M0.0% | $19.0M0.0% | $19.0M0.0% | $19.0M0.0% | $19.0M |
| Income Tax | $68.0M+41.7% | $48.0M-40.0% | $80.0M+50.9% | $53.0M-3.6% | $55.0M+27.9% | $43.0M-33.8% | $65.0M+35.4% | $48.0M |
| Net Income | $248.0M+29.8% | $191.0M-36.1% | $299.0M+39.1% | $215.0M+23.6% | $174.0M+13.0% | $154.0M-39.6% | $255.0M+40.9% | $181.0M |
| EPS (Diluted) | $2.99+30.6% | $2.29-36.0% | $3.58+38.8% | $2.58+24.6% | $2.07+12.5% | $1.84-39.3% | $3.03+40.3% | $2.16 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
AFG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $33.0B+2.1% | $32.4B-0.9% | $32.6B-3.5% | $33.8B+10.3% | $30.7B+1.2% | $30.3B-1.8% | $30.8B-5.4% | $32.6B |
| Cash & Equivalents | $1.4B+6.3% | $1.4B-21.7% | $1.7B-6.2% | $1.8B+45.3% | $1.3B-0.6% | $1.3B-9.2% | $1.4B+6.4% | $1.3B |
| Goodwill | $327.0M0.0% | $327.0M0.0% | $327.0M0.0% | $327.0M+7.2% | $305.0M0.0% | $305.0M0.0% | $305.0M0.0% | $305.0M |
| Total Liabilities | $28.2B+1.9% | $27.7B-0.5% | $27.8B-4.4% | $29.1B+11.3% | $26.2B+1.0% | $25.9B-1.8% | $26.4B-5.4% | $27.9B |
| Long-Term Debt | $1.8B+0.1% | $1.8B0.0% | $1.8B0.0% | $1.8B+23.3% | $1.5B0.0% | $1.5B+0.1% | $1.5B0.0% | $1.5B |
| Total Equity | $4.8B+3.1% | $4.7B-2.9% | $4.8B+1.9% | $4.7B+4.7% | $4.5B+2.8% | $4.4B-1.7% | $4.5B-5.1% | $4.7B |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Retained Earnings.
AFG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $92.0M-80.6% | $474.0M-39.5% | $784.0M+263.0% | $216.0M+13.1% | $191.0M-44.2% | $342.0M-49.3% | $674.0M+46.8% | $459.0M |
| Investing Cash Flow | $31.0M+105.1% | -$613.0M+19.8% | -$764.0M-487.7% | -$130.0M-461.1% | $36.0M+56.5% | $23.0M+209.5% | -$21.0M-117.2% | $122.0M |
| Financing Cash Flow | -$38.0M+83.8% | -$235.0M-74.1% | -$135.0M-127.7% | $488.0M+307.7% | -$235.0M+52.5% | -$495.0M+13.0% | -$569.0M-49.7% | -$380.0M |
| Dividends Paid | $73.0M-63.1% | $198.0M-17.2% | $239.0M+262.1% | $66.0M-2.9% | $68.0M-70.8% | $233.0M-42.2% | $403.0M+594.8% | $58.0M |
| Share Buybacks | $26.0M-56.7% | $60.0M+5900.0% | $1.0M0.0% | $1.0M-97.4% | $39.0M-32.8% | $58.0M | $0 | $0 |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
AFG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 15.6%+2.7pp | 12.9%-5.5pp | 18.4%+6.9pp | 11.5%-0.4pp | 11.9%+1.3pp | 10.6%-4.3pp | 14.9%+5.2pp | 9.7% |
| Net Margin | 12.2%+1.9pp | 10.3%-4.2pp | 14.5%+5.3pp | 9.2%+0.2pp | 9.0%+0.7pp | 8.3%-3.6pp | 11.9%+4.2pp | 7.6% |
| Return on Equity | 5.1%+1.1pp | 4.1%-2.1pp | 6.2%+1.7pp | 4.5%+0.7pp | 3.9%+0.3pp | 3.5%-2.2pp | 5.7%+1.9pp | 3.8% |
| Return on Assets | 0.8%+0.2pp | 0.6%-0.3pp | 0.9%+0.3pp | 0.6%+0.1pp | 0.6%+0.1pp | 0.5%-0.3pp | 0.8%+0.3pp | 0.6% |
| Debt-to-Equity | 0.380.0x | 0.390.0x | 0.380.0x | 0.38+0.1x | 0.330.0x | 0.340.0x | 0.330.0x | 0.31 |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.
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Where American Finl Group Inc Ohio Ranks
Frequently Asked Questions
What is American Finl Group Inc Ohio's annual revenue?
American Finl Group Inc Ohio (AFG) reported $8.2B in total revenue for fiscal year 2025. This represents a -1.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is American Finl Group Inc Ohio's revenue growing?
American Finl Group Inc Ohio (AFG) revenue declined by 1.8% year-over-year, from $8.3B to $8.2B in fiscal year 2025.
Is American Finl Group Inc Ohio profitable?
Yes, American Finl Group Inc Ohio (AFG) reported a net income of $842.0M in fiscal year 2025, with a net profit margin of 10.3%.
What is American Finl Group Inc Ohio's EBITDA?
American Finl Group Inc Ohio (AFG) had EBITDA of $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does American Finl Group Inc Ohio have?
As of fiscal year 2025, American Finl Group Inc Ohio (AFG) had $1.7B in cash and equivalents against $1.8B in long-term debt.
What is American Finl Group Inc Ohio's operating margin?
American Finl Group Inc Ohio (AFG) had an operating margin of 13.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is American Finl Group Inc Ohio's net profit margin?
American Finl Group Inc Ohio (AFG) had a net profit margin of 10.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does American Finl Group Inc Ohio pay dividends?
Yes, American Finl Group Inc Ohio (AFG) paid $7.28 per share in dividends during fiscal year 2025.
What is American Finl Group Inc Ohio's return on equity (ROE)?
American Finl Group Inc Ohio (AFG) has a return on equity of 17.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is American Finl Group Inc Ohio's operating cash flow?
American Finl Group Inc Ohio (AFG) generated $1.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are American Finl Group Inc Ohio's total assets?
American Finl Group Inc Ohio (AFG) had $32.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is American Finl Group Inc Ohio's debt-to-equity ratio?
American Finl Group Inc Ohio (AFG) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is American Finl Group Inc Ohio's return on assets (ROA)?
American Finl Group Inc Ohio (AFG) had a return on assets of 2.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is American Finl Group Inc Ohio's Piotroski F-Score?
American Finl Group Inc Ohio (AFG) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are American Finl Group Inc Ohio's earnings high quality?
American Finl Group Inc Ohio (AFG) has an earnings quality ratio of 1.82x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can American Finl Group Inc Ohio cover its interest payments?
American Finl Group Inc Ohio (AFG) has an interest coverage ratio of 13.41x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is American Finl Group Inc Ohio?
American Finl Group Inc Ohio (AFG) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.