What is American Finl Group Inc Ohio's earnings per share (EPS)?

American Finl Group Inc Ohio (AFG) reported diluted earnings per share of $10.08 for fiscal year 2025. This represents a -4.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

American Finl Group Inc Ohio Financials

AFG

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows American Finl Group Inc Ohio (AFG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 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).

Rhea AI AFG FY2025 2026-05-07

AFG’s balance-sheet-heavy model still throws off cash, but extra scale has not restored earlier returns.

The least obvious shift is that liquidity improved even without better earnings: net income was slightly lower in FY2025 than FY2024, yet operating cash flow rebounded to $1.53B and dividends paid fell to $606M. That combination lifted cash to $1.73B despite long-term debt rising to $1.82B, so the stronger cash position came more from retained cash than from higher profitability.

Revenue was higher in FY2025 than FY2022, but scale did not turn into better returns. Operating margin eased from 16.0% to 13.1%, which points to more activity on a larger asset base without better economics per dollar of business.

Debt is not the main constraint on this balance sheet. In FY2025, long-term debt was $1.82B against $4.82B of equity; interest expense was only $80M versus operating income of $1.07B, so the larger pressure is profitability normalization rather than financing cost.

Financial Health Signals

Financial Profile 39/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). 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.

Profitability

American Finl Group Inc Ohio has an operating margin of 13.1%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 52/100, indicating healthy but not exceptional operating efficiency. This is down from 13.5% the prior year.

Growth

American Finl Group Inc Ohio's revenue declined 1.8% year-over-year, from $8.3B to $8.2B. This contraction results in a growth score of 37/100.

Leverage

American Finl Group Inc Ohio carries a low D/E ratio of 0.38, meaning only $0.38 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.

Returns

American Finl Group Inc Ohio's ROE of 17.5% shows moderate profitability relative to equity, earning a score of 53/100. This is down from 19.9% the prior year.

Piotroski F-Score Neutral

4/9

American Finl Group Inc Ohio passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.82x

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.

Interest Coverage Safe

13.4x

American Finl Group Inc Ohio earns $13.4 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

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Earnings & Revenue

Revenue

$8.2B

YoY-1.8%

5Y CAGR+7.2%

10Y CAGR+2.9%

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.

EBITDA

$1.2B

YoY-3.8%

5Y CAGR+12.7%

10Y CAGR+5.2%

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.

Net Income

$842.0M

YoY-5.1%

5Y CAGR+2.8%

10Y CAGR+9.1%

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.

EPS (Diluted)

$10.08

YoY-4.6%

5Y CAGR+4.2%

10Y CAGR+9.8%

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

Free Cash Flow

N/A

Cash & Debt

$1.7B

YoY+22.8%

5Y CAGR+0.7%

10Y CAGR+3.5%

American Finl Group Inc Ohio held $1.7B in cash against $1.8B in long-term debt as of fiscal year 2025.

Dividends Per Share

$7.28

YoY-22.8%

5Y CAGR+13.6%

10Y CAGR+13.6%

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.

Shares Outstanding

83M

YoY-0.8%

5Y CAGR-0.7%

10Y CAGR-0.4%

American Finl Group Inc Ohio had 83M shares outstanding in fiscal year 2025. This represents a decrease of 0.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

13.1%

YoY-0.4pp

5Y CAGR+7.3pp

10Y CAGR+3.9pp

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.

Net Margin

10.3%

YoY-0.4pp

5Y CAGR-2.4pp

10Y CAGR+4.6pp

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.

Return on Equity

17.5%

YoY-2.4pp

5Y CAGR+6.7pp

10Y CAGR+9.8pp

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.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$99.0M

5Y CAGR-20.6%

10Y CAGR-2.4%

American Finl Group Inc Ohio spent $99.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

AFG Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$8.2B-1.8%	$8.3B+6.3%	$7.8B+11.2%	$7.0B+7.4%	$6.6B+13.6%	$5.8B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.1B+2.6%	$2.0B+3.7%	$1.9B+12.6%	$1.7B+11.1%	$1.5B-4.8%	$1.6B
Operating Income	$1.1B-4.5%	$1.1B+4.8%	$1.1B-4.5%	$1.1B-15.9%	$1.3B+293.8%	$339.0M
Interest Expense	$80.0M+5.3%	$76.0M0.0%	$76.0M-10.6%	$85.0M-9.6%	$94.0M+6.8%	$88.0M
Income Tax	$231.0M-2.5%	$237.0M+7.2%	$221.0M-1.8%	$225.0M-11.4%	$254.0M+916.0%	$25.0M
Net Income	$842.0M-5.1%	$887.0M+4.1%	$852.0M-5.1%	$898.0M-55.0%	$2.0B+172.5%	$732.0M
EPS (Diluted)	$10.08-4.6%	$10.57+5.2%	$10.05-4.6%	$10.53-54.8%	$23.30+184.1%	$8.20

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$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+24.7%	$1.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$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+2.4%	$506.0M
Operating Income	$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-15.5%	$271.0M
Interest Expense	$23.0M0.0%	$23.0M+21.1%	$19.0M0.0%	$19.0M0.0%	$19.0M0.0%	$19.0M0.0%	$19.0M0.0%	$19.0M
Income Tax	$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-22.6%	$62.0M
Net Income	$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-13.4%	$209.0M
EPS (Diluted)	$2.29	N/A	$2.58+24.6%	$2.07+12.5%	$1.84	N/A	$2.16-13.3%	$2.49

AFG Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$32.6B+5.9%	$30.8B+3.5%	$29.8B+3.3%	$28.8B-0.3%	$28.9B-60.8%	$73.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.7B+22.8%	$1.4B+14.8%	$1.2B+40.5%	$872.0M-59.1%	$2.1B+28.0%	$1.7B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$327.0M+7.2%	$305.0M0.0%	$305.0M+24.0%	$246.0M0.0%	$246.0M+39.8%	$176.0M
Total Liabilities	$27.8B+5.5%	$26.4B+3.3%	$25.5B+3.0%	$24.8B+3.6%	$23.9B-64.3%	$66.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.8B+23.4%	$1.5B0.0%	$1.5B-1.4%	$1.5B-23.8%	$2.0B+0.1%	$2.0B
Total Equity	$4.8B+7.9%	$4.5B+4.9%	$4.3B+5.1%	$4.1B-19.2%	$5.0B-26.2%	$6.8B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$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+9.0%	$29.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$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+17.9%	$1.1B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$327.0M0.0%	$327.0M0.0%	$327.0M+7.2%	$305.0M0.0%	$305.0M0.0%	$305.0M0.0%	$305.0M0.0%	$305.0M
Total Liabilities	$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+9.2%	$25.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.8B0.0%	$1.8B0.0%	$1.8B+23.3%	$1.5B0.0%	$1.5B+0.1%	$1.5B0.0%	$1.5B0.0%	$1.5B
Total Equity	$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+7.4%	$4.4B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AFG Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.5B+33.1%	$1.2B-41.5%	$2.0B+70.9%	$1.2B-32.7%	$1.7B-21.5%	$2.2B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$835.0M-978.9%	$95.0M-77.1%	$414.0M+139.4%	-$1.1B-141.1%	-$436.0M+72.1%	-$1.6B
Financing Cash Flow	-$377.0M+64.6%	-$1.1B+47.5%	-$2.0B-49.2%	-$1.4B+30.5%	-$2.0B-1491.1%	-$123.0M
Dividends Paid	$606.0M-23.1%	$788.0M+15.2%	$684.0M-43.6%	$1.2B-48.9%	$2.4B+610.8%	$334.0M
Share Buybacks	$99.0M	$0-100.0%	$213.0M+1836.4%	$11.0M-96.6%	$319.0M+1.9%	$313.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$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+621.6%	-$88.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$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-18.1%	$149.0M
Financing Cash Flow	-$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-1307.4%	-$27.0M
Dividends Paid	$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-1.7%	$59.0M
Share Buybacks	$60.0M+5900.0%	$1.0M0.0%	$1.0M-97.4%	$39.0M-32.8%	$58.0M	$0	$0	$0

AFG Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	13.1%-0.4pp	13.5%-0.2pp	13.7%-2.2pp	16.0%-4.4pp	20.4%+14.5pp	5.9%
Net Margin	10.3%-0.4pp	10.7%-0.2pp	10.9%-1.9pp	12.8%-17.7pp	30.4%+17.8pp	12.7%
Return on Equity	17.5%-2.4pp	19.9%-0.2pp	20.0%-2.1pp	22.2%-17.6pp	39.8%+29.0pp	10.8%
Return on Assets	2.6%-0.3pp	2.9%+0.0pp	2.9%-0.2pp	3.1%-3.8pp	6.9%+5.9pp	1.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.38+0.0	0.33-0.0	0.35-0.0	0.37-0.0	0.39+0.1	0.29
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	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%-4.6pp	14.3%
Net Margin	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%-3.4pp	11.0%
Return on Equity	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%-0.9pp	4.8%
Return on Assets	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%-0.1pp	0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.39+0.0	0.380.0	0.38+0.1	0.330.0	0.340.0	0.33+0.0	0.31-0.0	0.34
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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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.

Does American Finl Group Inc Ohio buy back shares?

Yes, American Finl Group Inc Ohio (AFG) spent $99.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does American Finl Group Inc Ohio have outstanding?

American Finl Group Inc Ohio (AFG) had 83M shares outstanding as of fiscal year 2025.

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 9, indicating neutral financial health. 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 13.4x, 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 39 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.