
American Financial (AFG) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
1.8B
Net Income
154.0M
8.36%
EPS (Diluted)
$1.84
Balance Sheet Metrics
Total Assets
30.3B
Total Liabilities
25.9B
Shareholders Equity
4.4B
Debt to Equity
5.90
Cash Flow Metrics
Operating Cash Flow
405.0M
Free Cash Flow
342.0M
Revenue & Profitability Trend
American Financial Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 8.3B | 7.7B | 6.8B | 6.2B | 5.7B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | - | - | - | - | - |
Other Operating Expenses | 319.0M | 305.0M | 255.0M | 264.0M | 279.0M |
Total Operating Expenses | 319.0M | 305.0M | 255.0M | 264.0M | 279.0M |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 76.0M | 76.0M | 85.0M | 94.0M | 88.0M |
Other Non-Operating Income | 124.0M | 146.0M | 117.0M | 113.0M | 80.0M |
Pre-tax Income | 1.1B | 1.1B | 1.1B | 1.3B | 339.0M |
Income Tax | 237.0M | 221.0M | 225.0M | 254.0M | 25.0M |
Effective Tax Rate % | 21.1% | 20.6% | 20.0% | 19.0% | 7.4% |
Net Income | 887.0M | 852.0M | 898.0M | 2.0B | 721.0M |
Net Margin % | 10.7% | 11.0% | 13.3% | 32.0% | 12.7% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $10.57 | $10.06 | $10.54 | $23.49 | $8.48 |
EPS (Diluted) | $10.57 | $10.05 | $10.53 | $23.30 | $8.20 |
Basic Shares Outstanding | 83900000 | 84700000 | 85204006 | 84920965 | 86345246 |
Diluted Shares Outstanding | 83900000 | 84700000 | 85204006 | 84920965 | 86345246 |
Income Statement Trend
American Financial Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 1.4B | 1.2B | 872.0M | 2.1B | 1.7B |
Short-term Investments | 540.0M | 521.0M | 10.1B | 10.4B | 9.1B |
Accounts Receivable | 6.7B | 5.9B | 5.3B | 4.8B | 4.5B |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | - | - | - | - | - |
Goodwill | 610.0M | 610.0M | 492.0M | 492.0M | 352.0M |
Intangible Assets | - | - | - | - | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 30.8B | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 1.2B | 1.2B | 1.0B | 4.3B | 3.9B |
Short-term Debt | - | - | - | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 1.5B | 1.5B | 1.5B | 2.0B | 2.0B |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 26.4B | - | - | - | - |
Equity | |||||
Common Stock | 84.0M | 84.0M | 85.0M | 85.0M | 86.0M |
Retained Earnings | 3.2B | 3.1B | 3.1B | 3.5B | 4.1B |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 4.5B | 4.3B | 4.1B | 5.0B | 6.8B |
Key Metrics | |||||
Total Debt | 1.5B | 1.5B | 1.5B | 2.0B | 2.0B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
American Financial Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 887.0M | 852.0M | 898.0M | 2.0B | 721.0M |
Depreciation & Amortization | - | - | - | - | - |
Stock-Based Compensation | - | - | - | - | - |
Working Capital Changes | -987.0M | -285.0M | -919.0M | -107.0M | -428.0M |
Operating Cash Flow | -154.0M | 536.0M | -162.0M | 1.8B | 1.5B |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | -9.0M | 554.0M | -190.0M | 1.4B | -706.0M |
Investment Purchases | -4.4B | -2.3B | -4.8B | -8.6B | -11.6B |
Investment Sales | 4.8B | 2.2B | 4.1B | 6.9B | 11.1B |
Investing Cash Flow | 348.0M | 449.0M | -841.0M | -286.0M | -1.2B |
Financing Activities | |||||
Share Repurchases | 0 | -213.0M | -11.0M | -319.0M | -313.0M |
Dividends Paid | -788.0M | -684.0M | -1.2B | -2.4B | -334.0M |
Debt Issuance | - | - | 0 | 0 | 634.0M |
Debt Repayment | 0 | -21.0M | -477.0M | 0 | -150.0M |
Financing Cash Flow | -1.1B | -2.0B | -1.4B | -2.0B | -123.0M |
Free Cash Flow | 1.2B | 2.0B | 1.2B | 1.7B | 2.2B |
Net Change in Cash | -872.0M | -1.0B | -2.4B | -399.0M | 195.0M |
Cash Flow Trend
American Financial Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
14.78
Forward P/E
11.42
Price to Book
2.49
Price to Sales
1.40
PEG Ratio
-0.87
Profitability Ratios
Profit Margin
9.51%
Operating Margin
13.31%
Return on Equity
17.17%
Return on Assets
2.25%
Financial Health
Current Ratio
1.96
Debt to Equity
37.84
Beta
0.74
Per Share Data
EPS (TTM)
$9.11
Book Value per Share
$54.16
Revenue per Share
$95.86
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
afg | 11.2B | 14.78 | 2.49 | 17.17% | 9.51% | 37.84 |
Progressive | 143.1B | 13.76 | 4.39 | 37.29% | 12.66% | 21.15 |
Chubb | 110.7B | 12.25 | 1.60 | 13.63% | 16.00% | 28.98 |
Travelers Companies | 62.2B | 12.23 | 2.11 | 19.29% | 10.97% | 27.22 |
Allstate | 54.2B | 9.67 | 2.46 | 27.01% | 8.79% | 33.71 |
Hartford Financial | 37.7B | 12.16 | 2.20 | 19.55% | 11.83% | 24.95 |
Financial data is updated regularly. All figures are in the company's reporting currency.