American Financial Group, Inc. (AFG)
NYSE: AFG · Fire, Marine & Casualty Insurance · Cincinnati, OH · filing with the SEC since 1997
Grade5.3
◀ Past 6.8● Present 5.0▶ Future 3.1
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 25, 2026 | Feb 25, 2025 | Feb 23, 2024 | Feb 24, 2023 | Feb 25, 2022 | Feb 25, 2021 | Feb 25, 2020 | Feb 26, 2019 | Feb 23, 2018 | Feb 24, 2017 |
| Revenue | 8,174 | 8,324 | 7,827 | 7,040 | 6,552 | 5,769r | 6,213r | 7,150 | 6,865 | 6,498 |
| For insurers | ||||||||||
| Premiums earned | 7,046 | 7,036 | 6,531 | 6,085 | · | · | · | · | · | · |
| Net investment income | 745 | 780 | 742 | 717 | 730 | 461r | 532r | 2,094 | 1,831 | 1,696 |
| Benefits, claims and losses | 4,388 | 4,460 | 4,033 | 3,629 | · | · | · | · | · | · |
| Total benefits, losses and expenses | 7,101 | 7,200 | 6,754 | 5,917 | 5,217 | 5,430r | 5,579r | 6,511 | 6,141 | 5,711 |
| Selling, general and administrative | 2,059 | 2,007 | 1,935 | 1,718 | 1,547 | 1,625 | · | · | · | · |
| Operating income | 1,073 | 1,124 | 1,073 | 1,123 | 1,335 | 339r | 634r | 639 | 724 | 787 |
| Interest expense | 80 | 76 | 76 | 85 | 94 | 88 | 68 | 62 | 85 | 77 |
| Share of profit of equity-method investments | 56 | 46 | 99 | 267 | 321 | 99 | 97 | · | · | · |
| Income before income taxes | · | · | · | · | · | 848 | 1,108 | 639 | 724 | 787 |
| Income tax expense | 231 | 237 | 221 | 225 | 254 | 25r | 143r | 122 | 247 | 119 |
| Income from continuing operations | · | · | 852 | 898 | 1,081 | 314 | 491 | · | · | · |
| Income from discontinued operations | · | · | 0 | 0 | 914 | 407 | 378 | · | · | · |
| Net income including non-controlling interests | · | · | · | 898 | 1,995 | 721 | 869 | 517 | 477 | 668 |
| Net income to non-controlling interests | · | · | · | 0 | 0 | -11 | -28 | -13 | 2 | 19 |
| Net income | 842 | 887 | 852 | 898 | 1,995 | 732 | 897 | 530 | 475 | 649 |
| Earnings per share, basic | 10.08 | 10.57 | 10.06 | 10.55 | 23.44 | 8.25 | 9.98 | 5.95 | 5.40 | 7.47 |
| Earnings per share, diluted | 10.08 | 10.57 | 10.05 | 10.53 | 23.30 | 8.20 | 9.85 | 5.85 | 5.28 | 7.33 |
| Weighted average shares, basic | 83.5 | 83.9 | 84.7 | 85.1 | 85.1 | 88.7 | 89.9 | 89.0 | 87.8 | 86.9 |
| Weighted average shares, diluted | 83.5 | 83.9 | 84.8 | 85.3 | 85.6 | 89.2 | 91.0 | 90.6 | 89.8 | 88.5 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesPremiums earned insurance premiums earned in the period
us-gaap:PremiumsEarnedNetNet investment income what its investments earned
us-gaap:NetInvestmentIncomeBenefits, claims and losses what it paid or set aside for claims
us-gaap:PolicyholderBenefitsAndClaimsIncurredNetTotal benefits, losses and expenses claims and every other cost together
us-gaap:BenefitsLossesAndExpensesSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperations
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterestIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding