Company Analysis

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

The grade of American Financial Group, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.3/10
◀ Past6.840% of the headline
● Present5.035% of the headline
▶ Future3.125% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.8/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 73rd percentile among 60 sector filers · read for itself

From the record

American Financial Group, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.1/10

What has it actually done, year after year?

+2.6% a year over 10 filed years; profitable in 10 of 10.

weight 22% of this tense · 41st percentile among 56 sector filers · read for its customers

From the record

American Financial Group, Inc.'s 10 filed years say what it did: revenue went from $6.5 billion in fiscal 2016 to $8.2 billion in fiscal 2025, up 2.6% a year; it rose in 6 of 9 years; the deepest fall was 19% from fiscal 2018 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span2.6%bottom 24% of its family
  • the share of years revenue rosebottom 27% of its family
  • the share of filed years with a profittop 17% of its family
  • the deepest fall from a revenue peak19.3%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.8/10

How has it treated the people who own it?

Share count shrank 0.7% a year. 51% of cash flow returned. Insiders: 9 sales, 0 purchases.

weight 45% of this tense · 78th percentile among 49 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, American Financial Group, Inc.'s diluted share count shrank about 0.7% a year, and dividends and buybacks returned about 51% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 9 sales and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 26% of its family
  • cash returned against operating cash flowtop 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
4.6/10

Is it financially healthy right now?

ROE 17%: 17¢ of profit per shareholder dollar. Leverage 85%: owes 85¢ per asset dollar.

weight 45% of this tense · 46th percentile among 60 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, American Financial Group, Inc. earned about 17 cents of profit for every dollar of shareholders' money. Leverage: it owed about 85 cents per dollar of assets, and net share issuance: its share count shrank 0.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 14% of its family
  • return on equitytop 41% of its family
  • the share count against the year beforetop 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.6/10

How strong is its position in its industry?

bottom 46% of 60 in its family; net margin 10.3%.

weight 33% of this tense · 46th percentile among 60 sector filers · read for its customers

From the record

American Financial Group, Inc.'s standing among 60 graded names in its industry family: revenue of $8.2 billion in fiscal 2025 ranks in the top 27% by size; a net margin of 10.3% ranks in the bottom 44%; revenue growth of 5.1% a year over the last 3 filed years ranks in the bottom 23% (its annual reports).

What it rests on

  • revenue against the family$8.17Btop 27% of its family
  • net margin10.3%bottom 44% of its family
  • three-year revenue growth5.1%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.4/10

What are the people in charge doing?

top 36% of 47 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 64th percentile among 47 sector filers · read for its shareholders

From the record

American Financial Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lindner, Carl H III (Co-CEO, as filed), filing under that title since 2006-02-24, 20.7 years (top 3% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 7.7 years (top 43%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 15 peoplebottom 39% of its family
  • the median years the people in charge have filed7.7 yearstop 43% of its family
  • the chief executive's years on the record20.7 yearstop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.1/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.3/10

How much room does it have to grow?

bottom 43% of 60 in its family for room to expand.

weight 33% of this tense · 43rd percentile among 60 sector filers · read for itself

From the record

American Financial Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.7 billion against debt of $1.8 billion leaves -0.3% of its assets as net cash, bottom 33% of its family; cash from operations less capital spending is 18.8% of revenue (top 46%) (its annual report).

What it rests on

  • cash less debt against assets-0.3%bottom 33% of its family
  • cash from operations less capital spending against revenue18.8%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.9/10

What could actually drive growth from here?

bottom 29% of 56 in its family for growth drivers.

weight 33% of this tense · 29th percentile among 56 sector filers · read for its customers

From the record

American Financial Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 5.1% a year over the last three filed years against 2.6% over all 10, speeding up (bottom 44% of its family); the newest year grew -1.8% (bottom 13%) (its annual reports). American Financial Group, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+2.5 points a yearbottom 44% of its family
  • the newest year's revenue growth-1.8%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.2/10

Did its newest year beat what its own record pointed to?

bottom 22% of 56 in its family for expectations against reality.

weight 33% of this tense · 22nd percentile among 56 sector filers · read for its shareholders

From the record

American Financial Group, Inc.'s newest year against its own record: revenue of $8.2 billion in fiscal 2025 came in 9.7% below the $9.1 billion its prior three years' pace pointed to (bottom 31% of its family); net income of $842 million against a prior three-year average of $879 million (bottom 15%); a net margin of 10.3% against 11.4% before (bottom 21%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-9.7%bottom 31% of its family
  • net income against the prior three years' average-4%bottom 15% of its family
  • net margin against its prior average-1.1 pointsbottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AFG · research, not advice