stockrowAmerican 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.
- Revenue
- +5.51%
- EPS
- +44.4%
- Free cash flow
- −68.1%
- Total debt
- +23.4%
Quarter to June 2026, against a year earlier
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American Financial Group, Inc. (AFG) Gross margin
American Financial Group, Inc.'s gross margin over the twelve months to 30 June 2026 was 22.3%, up 1.2 percentage points from fiscal 2025 (21.1%). Over the past ten years it has ranged from 15.1% (fiscal 2020) to 28.2% (fiscal 2021); the current reading is higher than 64% of that period. That is below the Insurance Property & Casualty industry median of 41.7% and below the Financial sector median of 70.2%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 21.1% | (1.18) |
| FY2024 | 22.3% | (1.44) |
| FY2023 | 23.8% | (0.30) |
| FY2022 | 24.1% | (4.16) |
| FY2021 | 28.2% | 13.08 |
| FY2020 | 15.1% | (4.46) |
| FY2019 | 19.6% | 1.34 |
| FY2018 | 18.3% | (2.32) |
| FY2017 | 20.6% | (0.48) |
| FY2016 | 21.1% | 3.34 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 23.2% | 2.01 |
| Mar 2026 | 21.1% | (4.84) |
| Dec 2025 | 26.0% | 6.80 |
| Sep 2025 | 19.2% | (0.73) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AIZ Assurant, Inc. compare | 78.1% |
| L Loews Corporation compare | 52.9% |
| MKL Markel Group Inc. compare | 50.2% |
| THG The Hanover Insurance Group, Inc. compare | 44.4% |
| CNA CNA Financial Corporation compare | 41.7% |
| KNSL Kinsale Capital Group, Inc. compare | 34.5% |
| RLI RLI Corp. compare | 33.5% |
| AFG American Financial Group, Inc. | 22.3% |
| ORI Old Republic International Corporation compare | 14.9% |
| Insurance Property & Casualty industry median | 41.7% |
| Financial sector median | 70.2% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on AFG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement