American Financial Group, Inc.

American Financial Group, Inc.

AFGยทNYSE

$128.87

+0.070%
Financial ServicesInsurance - Property & Casualty

American Financial Group, Inc., an insurance holding company, provides specialty property and casualty insurance products in the United States. It offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers' compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, fidelity and surety products, and trade credit insurance. The company sells its property and casualty insurance products through independent insurance agents and brokers. American Financial Group, Inc. was founded in 1872 and is headquartered in Cincinnati, Ohio.

At a Glance

Live Snapshot
Market Cap$10.71B
EPS10.0500
P/E Ratio12.82
Earnings Date08/04/2026
3Y+33.0%
5Y-30.0%
10Y+33.0%
3Y-21.0%
5Y-47.0%
10Y-72.0%
3Y-72.0%
5Y+207.0%
10Y-114.0%
AFG

American Financial Group, Inc. Cash Conversion Engine

AFG ยท NYSE
Net Income842.00M
Depreciation & Amortization86.00M
Stock-Based Compensation0.00
Change in Working Capital610.00M
Others-5.00M
Capital Expenditures-135.00M
Free Cash Flow1.40B

Cash Flow Quality Analysis

FCF Conversion Rate

166.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

8.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+21.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$610.00M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

American Financial Group, Inc. Cash Flow Statement

AFG โ€ข NYSE

American Financial Group, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
842M
887M
852M
898M
2B
721M
869M
530M
477M
649M
352M
452M
471M
488M
320M
423M
530.7M
195.8M
383.2M
453.4M
86M
81M
78M
100M
187M
299M
259M
210M
107M
134M
132M
144M
142M
257M
192M
214M
198.4M
220.5M
194.3M
167M
0.0
0.0
0.0
-19M
-16M
-20M
-23M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
19M
16M
20M
23M
23M
30M
28M
27M
25M
36M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-5M
-54M
7M
-31M
-1.3B
779M
542M
993M
668M
559M
648M
236M
51M
-107M
161M
225M
340.4M
910.3M
425.4M
287M
610M
238M
1B
186M
805M
384M
786M
327M
522M
-220M
196M
374M
60M
179M
-6M
2M
-155.1M
-353.7M
-214.4M
60.2M
1.5B
1.2B
2B
1.2B
1.7B
2.2B
2.5B
2.1B
1.8B
1.2B
1.4B
1.2B
760M
817M
667M
864M
914.4M
972.9M
788.5M
967.6M
INVESTING ACTIVITIES
-135M
-133M
(0.0)
-86M
-150M
-343M
-44M
-43M
-109M
-49M
(67M)
-367M
-190M
-290M
-86M
-74M
-62.5M
-46.2M
-14.5M
-72.4M
(0.0)
-9M
-205M
-10M
(1.4B)
-425M
(4M)
-23M
-205M
-364M
-42M
(811M)
-5M
(288M)
(4M)
(95M)
-28.6M
-68.2M
(0.0)
(0.0)
-5.6B
-4.6B
-2.3B
-6.3B
-10.7B
-13.1B
-10.9B
-13.8B
-3B
-10.7B
-9.3B
-9B
-8.6B
-6.6B
-7.3B
-6.2B
-5B
-6.4B
-4.6B
-3.4B
4.9B
4.9B
2.2B
5.5B
9B
12.3B
8.1B
8.5B
0.0
8.2B
4.9B
4.8B
5.8B
5.2B
4.9B
4.7B
4.3B
5.8B
3.3B
3.4B
5M
25M
718M
-128M
32M
-1M
-261M
30M
1M
-5M
-174M
99M
8M
-23M
68M
-202M
49.4M
50.7M
32.1M
-239.5M
-835M
(95M)
(414M)
-1.1B
-436M
-1.6B
-3.1B
-5.4B
-3.3B
-3B
-4.6B
-3.6B
-2.9B
-1.4B
-2.4B
-1.7B
-783.1M
-720.5M
-1.3B
-362.4M
FINANCING ACTIVITIES
-87M
17M
-198M
5M
-253M
-291M
36M
27M
37M
-98M
-65M
-144M
-16M
-369M
-276M
-260M
-66M
-24.8M
-180.8M
38.7M
344M
0.0
-21M
-477M
0.0
484M
165M
0.0
-33M
284M
-47M
143M
-40M
7M
-18M
120M
-299M
92.6M
14.1M
66.5M
-606M
-788M
-684M
-1.2B
-2.4B
-334M
-444M
-394M
-417M
-185M
-176M
-167M
-160M
-90M
-67M
-63M
-59.9M
-50.7M
-41.9M
-38.2M
-99M
(0.0)
-213M
-11M
-319M
-313M
(0.0)
-6M
(0.0)
-133M
-126M
-191M
-70M
-415M
-315M
-292M
-81M
-47.4M
-199.1M
(0.0)
-28M
-295M
-1.1B
324M
670M
18M
1.7B
2.8B
2.1B
2.7B
3.4B
2.3B
2.3B
1.4B
2.4B
1B
149.1M
178.6M
188.7M
185M
-377M
-1.1B
-2B
-1.4B
-2B
-123M
1.4B
2.4B
1.7B
2.7B
3.1B
2.1B
2.1B
989M
2B
820M
-275.8M
195.7M
-19.9M
252M
CASH FLOW SUMMARY
321M
181M
353M
-1.3B
-679M
496M
799M
-823M
231M
887M
-123M
-296M
-66M
381M
225M
-21M
-144.5M
448.1M
-513.1M
857.2M
1.4B
1.2B
872M
2.1B
2.8B
2.3B
1.5B
2.3B
2.1B
1.2B
1.3B
1.6B
1.7B
1.3B
1.1B
1.1B
1.3B
815.9M
1.3B
471.8M
1.7B
1.4B
1.2B
872M
2.1B
2.8B
2.3B
1.5B
2.3B
2.1B
1.2B
1.3B
1.6B
1.7B
1.3B
1.1B
1.1B
1.3B
815.9M
1.3B
1.4B
1.2B
1.9B
1.1B
1.6B
1.8B
2.4B
2B
1.7B
1.1B
1.4B
855M
570M
527M
581M
790M
851.9M
926.7M
774M
895.2M

SEC Filings

AFG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 03, 2026
May 20, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 18, 2026
February 13, 2026
2026
8-K

8-K 2026

N/A

February 04, 2026
February 03, 2026
2026
8-K

8-K 2025

N/A

December 05, 2025
December 03, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 05, 2025
November 04, 2025
2025
8-K

8-K 2025

N/A

September 23, 2025
September 16, 2025
2025
Showing 1 to 10 of 421 filings