American Financial Group, Inc. (AFG) vs Loews Corporation (L)

American Financial Group, Inc. and Loews Corporation are both Insurance Property & Casualty companies. Loews Corporation is the larger, with a market value of $22.5B against $13.0B — 1.7× the size. American Financial Group, Inc. trades at the lower P/E: 12.7× against 15.2×. American Financial Group, Inc. grew revenue faster over the last twelve months: 3.27% against 2.82%. American Financial Group, Inc. has the higher net margin (12.0% vs 7.93%) and the lower return on invested capital (0.00% vs 5.56%). Both pay a dividend; American Financial Group, Inc. yields more (2.32% vs 0.23%). Across the 21 metrics below, American Financial Group, Inc. leads on 15 and Loews Corporation on 6.

Valuation

Metric AFG L Insurance Property & Casualty median
P/E 12.71 15.16 12.17
P/S 1.52 1.21 1.26
P/B 2.68 1.18 1.85
Price to free cash flow 7.95 13.38 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.87% 6.60% 8.20%
Free cash flow yield 12.58% 7.48% 11.86%

Profitability

Metric AFG L Insurance Property & Casualty median
Gross margin 22.74% 52.93% 37.39%
Operating margin 16.25% 13.06% 14.67%
Net margin 11.96% 7.93% 10.16%
Free cash flow margin 20.57% 9.01% 18.60%
Return on equity 21.57% 7.76% 16.59%
Return on assets 2.93% 1.74% 3.38%
Return on invested capital 0.00% 5.56% 9.43%

Growth

Metric AFG L Insurance Property & Casualty median
Revenue growth (TTM) 3.27% 2.82% 5.70%
EPS growth (last fiscal year) (4.64%) 24.34% 39.61%
Revenue growth, 5-year CAGR 7.22% 7.96% 9.23%
Net income growth, 5-year CAGR 2.84% 0.00% 10.09%

Health

Metric AFG L Insurance Property & Casualty median
Debt to equity 0.39 0.47 0.25
Current ratio 0.49 0.25 0.49
Net debt to EBITDA 0.08 2.88 0.08

Dividend

Metric AFG L Insurance Property & Casualty median
Dividend yield 2.32% 0.23% 1.56%
Payout ratio 0.29 0.03 0.15

Size

Metric AFG L Insurance Property & Casualty median
Market cap 12.96b 22.47b 2.64b

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