Saturday 17 October 2026 Export AFG’s income statement to Excel — free account

American Financial Group, Inc.

AFG Financial Insurance Property & Casualty

American Financial Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, down 1.80% from fiscal 2024. In the quarter to June 2026, revenue grew 5.51%, EPS grew 44.4%, free cash flow fell 68.1% and total debt rose 23.4%, each against the same quarter a year earlier.

149.13 3.40 +2.33%

Follow AFG

Alert me

Market cap: $12.1B
P/E: 13.0×
Fwd P/E: 11.3×
Dividend yield: 2.42%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	12.00	20.15	15.50	11.11	10.41	5.90	13.00	11.88	12.95	13.57
Piotroski F-Score Full definition →	7	5	5	5	5	7	5	6	7	5
P/S ratio Full definition →	1.18	1.37	1.13	1.59	1.35	1.78	1.65	1.29	1.38	1.40
P/FCF ratio Full definition →	6.60	5.36	4.02	4.08	3.65	6.88	10.61	5.32	10.95	8.15
P/Operating CF Full definition →	18.90	11.56	10.00	12.89	15.96	40.44	105.90	13.38	17.05	14.56
P/B ratio Full definition →	1.55	1.76	1.62	1.57	1.14	2.33	2.87	2.37	2.57	2.37
Price to Tangible BV Full definition →	1.62	1.83	1.69	1.63	1.18	2.45	3.06	2.56	2.76	2.54
EV/Sales Full definition →	1.05	1.21	1.10	1.45	1.40	1.76	1.74	1.32	1.39	1.41
EV/EBITDA Full definition →	6.82	9.10	8.61	9.38	11.12	7.13	9.38	8.45	9.02	9.29
EV/Operating CF Full definition →	5.92	4.62	3.77	3.67	3.70	6.72	10.64	5.26	10.03	7.51
EV/FCF Full definition →	5.89	4.76	3.91	3.73	3.79	6.78	11.18	5.45	11.02	8.22
Quick Ratio Full definition →	0.16	0.17	0.14	0.08	0.49	0.52	0.44	0.22	0.21	0.23
Current Ratio Full definition →	0.16	0.17	0.14	0.08	0.49	0.52	0.44	0.22	0.21	0.23
Net Debt/EBITDA Full definition →	(0.83)	(1.13)	(0.23)	(0.88)	0.41	(0.10)	0.48	0.20	0.05	0.08
Debt/Assets Full definition →	2.33%	2.14%	2.05%	2.10%	2.66%	6.79%	5.19%	4.95%	4.78%	5.58%
Debt/Equity Full definition →	0.26	0.24	0.26	0.24	0.29	0.39	0.37	0.35	0.33	0.38
Asset Turnover Full definition →	0.12	0.12	0.12	0.09	0.08	0.13	0.24	0.27	0.27	0.26
Operating CF/Net income Full definition →	1.77	3.80	3.93	2.74	2.98	0.86	1.28	2.31	1.30	1.82
Capex/Depreciation Full definition →	0.04	(0.50)	(0.37)	(0.15)	(0.18)	(0.09)	(0.55)	(0.88)	(1.27)	(1.55)
Interest Coverage Full definition →	11.22	9.52	11.31	10.32	4.85	15.20	14.21	15.12	15.79	14.41
ROE Full definition →	13.40%	9.27%	10.29%	15.96%	11.21%	33.81%	19.81%	20.51%	20.33%	18.13%
ROA Full definition →	1.24%	0.82%	0.85%	1.34%	1.02%	3.89%	3.11%	2.91%	2.93%	2.65%
ROIC Full definition →	12.01%	10.54%	8.39%	7.30%	2.99%	17.22%	15.01%	14.88%	15.49%	13.65%
Return on Tangible Assets Full definition →	(1.84%)	(1.22%)	(1.23%)	(1.78%)	(10.25%)	(27.47%)	(9.78%)	(6.15%)	(5.96%)	(5.45%)
Average Days of Receivables Full definition →	260.75	294.82	289.60	135.71	328.68	314.25	321.55	123.21	116.42	127.40
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(5.68)	(5.06)	(6.37)	(6.01)	(7.73)	(1.38)	(1.52)	(2.14)	(1.94)	(1.55)
Graham Number Full definition →	96.56	85.09	85.68	124.44	120.42	175.64	106.21	106.62	112.51	114.36
Earnings Yield Full definition →	8.33%	4.96%	6.45%	9.00%	9.61%	16.95%	7.69%	8.42%	7.72%	7.37%
Free Cash Flow Yield Full definition →	15.14%	18.67%	24.90%	24.51%	27.38%	14.53%	9.43%	18.80%	9.13%	12.27%
Revenue per Share Full definition →	74.78	78.19	80.34	69.11	65.04	76.99	82.73	92.41	99.21	97.89
Operating CF per Share Full definition →	13.23	20.55	23.40	27.32	24.61	20.14	13.55	23.26	13.73	18.36
Capex per Share Full definition →	0.07	(0.61)	(0.87)	(0.44)	(0.62)	(0.19)	(0.65)	(0.81)	(1.23)	(1.59)
Free Cash Flow per Share Full definition →	13.30	19.93	22.54	26.87	23.99	19.95	12.90	22.44	12.50	16.77
Cash per Share Full definition →	24.25	26.63	17.02	25.74	18.77	25.04	10.25	14.46	16.76	20.68
Shareholders Equity per Share Full definition →	56.61	60.72	55.87	69.73	76.54	58.90	47.61	50.27	53.23	57.72
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	56.61	60.72	55.87	69.73	76.54	58.90	47.61	50.27	53.23	57.72
Free Cash Flow Full definition →	1,156.00	1,750.00	2,006.00	2,416.00	2,128.00	1,698.00	1,098.00	1,901.00	1,049.00	1,400.00
Working Capital Full definition →	(35,217.00)	(38,922.00)	(43,151.00)	(50,270.00)	(7,142.00)	(7,263.00)	(9,181.00)	(13,857.00)	(14,893.00)	(15,445.00)
Capital Expenditures Full definition →	6.00	(54.00)	(77.00)	(40.00)	(55.00)	(16.00)	(55.00)	(69.00)	(103.00)	(133.00)
Net Current Asset Value Full definition →	(43,404.00)	(47,444.00)	(51,296.00)	(59,237.00)	(60,061.00)	(16,147.00)	(17,705.00)	(21,662.00)	(22,309.00)	(23,242.00)
EV/EBIT Full definition →	7.88	10.31	11.19	12.84	18.90	8.06	10.16	9.02	9.63	9.98
Capex to Sales Full definition →	0.00	0.01	0.01	0.01	0.01	0.00	0.01	0.01	0.01	0.02
Price to Operating Income Full definition →	9.70	12.95	12.61	15.55	22.93	8.75	10.37	9.42	10.22	10.64
Other line items
Depreciation/Fixed assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash ROIC Full definition →	13.91%	19.51%	25.75%	24.03%	20.43%	18.64%	17.10%	27.32%	14.28%	16.73%
Accounts Receivable Turnover Full definition →	1.44	1.35	1.27	1.56	1.54	1.21	1.19	1.77	3.14	2.97
Accounts Payable Turnover Full definition →	0.13	0.12	0.12	0.10	0.14	0.32	0.34	0.35	0.35	0.33
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	2,985.89	3,132.92	3,143.50	4,010.47	1,043.86	1,166.62	1,109.61	1,083.99	1,069.77	1,133.73
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	4,517.50	5,093.50	5,609.00	3,991.50	3,752.50	5,418.00	5,921.50	4,422.00	2,648.50	2,754.00
Average Payables Full definition →	40,035.50	44,385.50	48,572.00	52,616.50	34,448.00	14,518.50	15,645.00	16,989.50	18,339.00	19,489.50
Average Assets Full definition →	52,454.50	57,865.00	62,057.00	66,793.00	71,920.00	51,320.50	28,881.00	29,309.00	30,311.50	31,739.00
Average Common Equity Full definition →	4,844.50	5,125.00	5,151.50	5,620.50	6,529.00	5,900.50	4,532.00	4,155.00	4,362.00	4,643.00

Show all line items

Columns are period end dates

Stockrow Weekly