The Filings Report

American Financial Group, Inc.

AFGNYSECIK 1042046Financial / Insurance - Property & Casualtyfiscal year ends December69 quarters since 2009

Revenue, Q2 FY2026
$2.0B
+5.5% on Q2 FY2025
Net income
$248M
+42.5% on Q2 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$2.99
+44.4% on Q2 FY2025
Revenue, TTM
$8.3B
trailing four quarters
Net margin, TTM
11.5%
net income $953M
Free cash flow, TTM
—
Cash and equivalents
$1.4B
long-term debt $1.8B, Jun 30, 2026
Shares, 12-month change
−0.6%
83M shares, Jun 30, 2026
Buybacks, TTM
$88M
0.7% of market value
Dividends, TTM
$576M
4.5% of market value
Market value
$12.9B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 6, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, American Financial Group, Inc. reported revenue of $2.0B, +5.5% on Q2 FY2025, and net income of $248M (+42.5%). Operating margin was 15.6%. Diluted earnings per share were $2.99.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 6, 2026.

Revenue and net incomeRevenueNet income
$0$1B$2B$3BQ3'22, Revenue: $2.0BQ3'22, Net income: $165MQ3'22Q4'22, Revenue: $1.9BQ4'22, Net income: $276MQ4'22Q1'23, Revenue: $1.7BQ1'23, Net income: $212MQ1'23Q2'23, Revenue: $1.8BQ2'23, Net income: $200MQ2'23Q3'23, Revenue: $2.2BQ3'23, Net income: $177MQ3'23Q4'23, Revenue: $2.1BQ4'23, Net income: $263MQ4'23Q1'24, Revenue: $1.9BQ1'24, Net income: $242MQ1'24Q2'24, Revenue: $1.9BQ2'24, Net income: $209MQ2'24Q3'24, Revenue: $2.4BQ3'24, Net income: $181MQ3'24Q4'24, Revenue: $2.1BQ4'24, Net income: $255MQ4'24Q1'25, Revenue: $1.9BQ1'25, Net income: $154MQ1'25Q2'25, Revenue: $1.9BQ2'25, Net income: $174MQ2'25Q3'25, Revenue: $2.3BQ3'25, Net income: $215MQ3'25Q4'25, Revenue: $2.1BQ4'25, Net income: $299MQ4'25Q1'26, Revenue: $1.9BQ1'26, Net income: $191MQ1'26Q2'26, Revenue: $2.0BQ2'26, Net income: $248MQ2'26$0$1B$2B$3BQ3'22, Revenue: $2.0BQ3'22, Net income: $165MQ4'22, Revenue: $1.9BQ4'22, Net income: $276MQ4'22Q1'23, Revenue: $1.7BQ1'23, Net income: $212MQ2'23, Revenue: $1.8BQ2'23, Net income: $200MQ2'23Q3'23, Revenue: $2.2BQ3'23, Net income: $177MQ4'23, Revenue: $2.1BQ4'23, Net income: $263MQ4'23Q1'24, Revenue: $1.9BQ1'24, Net income: $242MQ2'24, Revenue: $1.9BQ2'24, Net income: $209MQ2'24Q3'24, Revenue: $2.4BQ3'24, Net income: $181MQ4'24, Revenue: $2.1BQ4'24, Net income: $255MQ4'24Q1'25, Revenue: $1.9BQ1'25, Net income: $154MQ2'25, Revenue: $1.9BQ2'25, Net income: $174MQ2'25Q3'25, Revenue: $2.3BQ3'25, Net income: $215MQ4'25, Revenue: $2.1BQ4'25, Net income: $299MQ4'25Q1'26, Revenue: $1.9BQ1'26, Net income: $191MQ2'26, Revenue: $2.0BQ2'26, Net income: $248MQ2'26

Net income losses drawn in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5B$2.0BQ3'22, Cash and equivalents: $794MQ3'22, Long-term debt: $1.5BQ3'22Q4'22, Cash and equivalents: $872MQ4'22, Long-term debt: $1.5BQ4'22Q1'23, Cash and equivalents: $857MQ1'23, Long-term debt: $1.5BQ1'23Q2'23, Cash and equivalents: $988MQ2'23, Long-term debt: $1.5BQ2'23Q3'23, Cash and equivalents: $1.2BQ3'23, Long-term debt: $1.5BQ3'23Q4'23, Cash and equivalents: $1.2BQ4'23, Long-term debt: $1.5BQ4'23Q1'24, Cash and equivalents: $1.1BQ1'24, Long-term debt: $1.5BQ1'24Q2'24, Cash and equivalents: $1.1BQ2'24, Long-term debt: $1.5BQ2'24Q3'24, Cash and equivalents: $1.3BQ3'24, Long-term debt: $1.5BQ3'24Q4'24, Cash and equivalents: $1.4BQ4'24, Long-term debt: $1.5BQ4'24Q1'25, Cash and equivalents: $1.3BQ1'25, Long-term debt: $1.5BQ1'25Q2'25, Cash and equivalents: $1.3BQ2'25, Long-term debt: $1.5BQ2'25Q3'25, Cash and equivalents: $1.8BQ3'25, Long-term debt: $1.8BQ3'25Q4'25, Cash and equivalents: $1.7BQ4'25, Long-term debt: $1.8BQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26, Long-term debt: $1.8BQ1'26Q2'26, Cash and equivalents: $1.4BQ2'26, Long-term debt: $1.8BQ2'26$0$500M$1.0B$1.5B$2.0BQ3'22, Cash and equivalents: $794MQ3'22, Long-term debt: $1.5BQ4'22, Cash and equivalents: $872MQ4'22, Long-term debt: $1.5BQ4'22Q1'23, Cash and equivalents: $857MQ1'23, Long-term debt: $1.5BQ2'23, Cash and equivalents: $988MQ2'23, Long-term debt: $1.5BQ2'23Q3'23, Cash and equivalents: $1.2BQ3'23, Long-term debt: $1.5BQ4'23, Cash and equivalents: $1.2BQ4'23, Long-term debt: $1.5BQ4'23Q1'24, Cash and equivalents: $1.1BQ1'24, Long-term debt: $1.5BQ2'24, Cash and equivalents: $1.1BQ2'24, Long-term debt: $1.5BQ2'24Q3'24, Cash and equivalents: $1.3BQ3'24, Long-term debt: $1.5BQ4'24, Cash and equivalents: $1.4BQ4'24, Long-term debt: $1.5BQ4'24Q1'25, Cash and equivalents: $1.3BQ1'25, Long-term debt: $1.5BQ2'25, Cash and equivalents: $1.3BQ2'25, Long-term debt: $1.5BQ2'25Q3'25, Cash and equivalents: $1.8BQ3'25, Long-term debt: $1.8BQ4'25, Cash and equivalents: $1.7BQ4'25, Long-term debt: $1.8BQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26, Long-term debt: $1.8BQ2'26, Cash and equivalents: $1.4BQ2'26, Long-term debt: $1.8BQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

American Financial Group, Inc. income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 25, 2025Q3 FY2024ended Sep 30, 2024filed Nov 8, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue2,0301,8542,0632,3311,9241,8562,1492,369+5.5%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative560556466529534530480518+4.9%
Operating income316239379268229197320229+38.0%
Other income (expense)—————————
Pretax income—————————
Income tax6848805355436548+23.6%
Net income248191299215174154255181+42.5%
Diluted EPS ($)2.992.29—2.582.071.84—2.16+44.4%
Diluted shares (millions)8383—838484—84—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

American Financial Group, Inc. balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 25, 2025Q3 FY2024ended Sep 30, 2024filed Nov 8, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents1,4381,3531,7271,8421,2681,2761,4061,322+13.4%
Short-term investments—————————
Total current assets—————————
Total assets33,03432,35332,64233,83430,66930,29430,83632,591+7.7%
Total current liabilities—————————
Long-term debt1,8211,8201,8201,8201,4761,4761,4751,475+23.4%
Total liabilities28,21327,67527,82229,10426,15325,90226,37027,883+7.9%
Stockholders’ equity4,8214,6784,8204,7304,5164,3924,4664,708+6.8%
Shares outstanding (millions)8383838383848484—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

American Financial Group, Inc. cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 25, 2025Q3 FY2024ended Sep 30, 2024filed Nov 8, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow92474784216191342674459−51.8%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization2425222022222121+9.1%
Share repurchases266011395800−33.3%
Dividends paid73198239666823340358+7.4%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 25, 2026.

Income statement

American Financial Group, Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 25, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 25, 2020FY2018ended Dec 31, 2018filed Feb 26, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 28, 2014FY2012ended Dec 31, 2012filed Feb 28, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Aug 9, 2010FY2008ended Dec 31, 2008filed Aug 9, 2010
Revenue8,1748,3247,8277,0406,5525,7696,2137,1506,8656,4986,1455,7335,1034,9574,6434,4974,3204,293
Cost of revenue——————————————————
Gross profit——————————————————
Research and development——————————————————
Selling, general and administrative2,0592,0071,9351,7181,5471,625————————————
Operating income1,0731,1241,0731,1231,335339634639724787565626689537558694812316
Other income (expense)——————————————————
Pretax income—————8481,108639724787565626689537558694812—
Income tax23123722122525425143122247119195220236135239268282116
Net income8428878528981,995732897530475649352452471488342482519196
Diluted EPS ($)10.0810.5710.0510.5323.308.209.855.855.287.333.944.975.165.093.324.364.451.67
Diluted shares (millions)8484858586899191908989919196103111117117

Balance sheet

American Financial Group, Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 25, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 25, 2020FY2018ended Dec 31, 2018filed Feb 26, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 28, 2014FY2012ended Dec 31, 2012filed Feb 28, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Aug 9, 2010FY2008ended Dec 31, 2008filed Aug 9, 2010
Cash and equivalents1,7271,4061,2258722,1311,6652,3141,5152,3382,1071,2201,3431,6391,7051,3241,0991,1201,264
Short-term investments——————————————————
Total current assets——————————————————
Total assets32,64230,83629,78728,83128,93173,71070,13063,45660,65855,07249,83747,51342,08739,17135,83832,24127,683—
Total current liabilities——————————————————
Long-term debt1,8201,4751,4751,4961,9641,9631,4731,3021,3011,2839981,061913953934952828—
Total liabilities27,82226,37025,52924,77923,91966,92163,86158,48455,32450,15345,06742,48137,31834,42331,28127,83423,764—
Stockholders’ equity4,8204,4664,2584,0525,0126,7896,2694,9705,3304,9164,5924,8794,5994,5784,4114,4703,781—
Shares outstanding (millions)838484858586908988878787908998105——

Cash flow statement

American Financial Group, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 25, 2025FY2023ended Dec 31, 2023filed Feb 23, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 25, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 25, 2020FY2018ended Dec 31, 2018filed Feb 26, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 28, 2014FY2012ended Dec 31, 2012filed Feb 28, 2013FY2011ended Dec 31, 2011filed Feb 28, 2012FY2010ended Dec 31, 2010filed Feb 28, 2011FY2009ended Dec 31, 2009filed Aug 9, 2010FY2008ended Dec 31, 2008filed Aug 9, 2010
Operating cash flow1,5331,1521,9701,1531,7142,1832,4562,0831,8041,1501,3531,231760817667864915973
Capital expenditures——————————————————
Free cash flow (CFO − capex)——————————————————
Depreciation and amortization868178100187299259210107134134144142257180202198221
Share repurchases99021311319313060133126191704153152928147
Dividends paid6067886841,2132,3743344443944171851761671609067636051

Insider activity

Form 4 filings by officers, directors and 10% owners, November 3, 2024 to November 3, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$14M
5 sales by 4 insiders; officers and directors $14M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$16M
9 sales by 6 insiders; officers and directors $16M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Sep 16, 2026Thompson David Lawrence JrPresident of Subsidiary, Directorotherindirect30,363$0.00—614,461Sep 18, 2026
Sep 16, 2026Thompson David Lawrence JrPresident of Subsidiary, Directorotherindirect119,914$0.00—476,958Sep 18, 2026
Sep 14, 2026Von Lehman John IDirectoropen-market sale1,279$143.84$184K12,483Sep 14, 2026
Sep 2, 2026Hertzman Brian S.SVP, CFOopen-market sale950$142.87$136K11,123Sep 2, 2026
Aug 26, 2026Lindner Carl H IIICo-CEO, Directoropen-market saleindirect81,373$144.28$12M3MAug 26, 2026
Aug 24, 2026Lindner Carl H IIICo-CEO, Directoropen-market saleindirect8,627$144.66$1M3MAug 26, 2026
Aug 6, 2026Weiss Mark ASr. VP & General Counselopen-market saleindirect2,813$144.76$407K6,648Aug 7, 2026
Jun 24, 2026Gillis Michelle ASenior Vice Presidentopen-market sale2,247$139.00$312K13,135Jun 25, 2026
Jun 23, 2026Thompson David Lawrence JrPresident of Subsidiary, Directoropen-market saleindirect11,370$135.05$2M584,098Jun 24, 2026
Jun 1, 2026Nwankwo Evans NDirectoraward1,299$0.00—7,646Jun 2, 2026
Jun 1, 2026Newport Roger KDirectoraward1,299$0.00—4,961Jun 2, 2026
Jun 1, 2026Murray Amy YDirectoraward1,299$0.00—3,950Jun 2, 2026
Jun 1, 2026Martin Mary BethDirectoraward1,299$0.00—11,493Jun 2, 2026
Jun 1, 2026Verity William WDirectoraward1,299$0.00—14,418Jun 2, 2026
Jun 1, 2026Joseph Gregory GDirectoraward1,299$0.00—48,592Jun 2, 2026
Jun 1, 2026Von Lehman John IDirectoraward1,299$0.00—13,762Jun 2, 2026
Feb 27, 2026Hertzman Brian S.SVP, CFOopen-market sale1,663$133.70$222K12,073Mar 2, 2026
Feb 26, 2026Hertzman Brian S.SVP, CFOaward3,163$0.00—13,736Mar 2, 2026
Feb 26, 2026Weiss Mark ASr. VP & General Counselaward3,012$0.00—11,727Mar 2, 2026
Feb 26, 2026Berding John BPresident, Directoraward8,847$0.00—77,616Mar 2, 2026
Feb 26, 2026Lindner Carl H IIICo-CEO, Directorawardindirect11,294$0.00—3MMar 2, 2026
Feb 26, 2026Gillis Michelle ASenior Vice Presidentaward3,012$0.00—15,382Mar 2, 2026
Feb 26, 2026Thompson David Lawrence JrPresident of Subsidiary, Directorawardindirect4,706$0.00—594,948Mar 2, 2026
Feb 26, 2026Lindner S CraigCo-CEO, Directorawardindirect11,294$0.00—3MMar 2, 2026
Feb 26, 2026Lindner Stephen Craig JrDirectorawardindirect3,389$0.00—329,163Mar 2, 2026

Full insider history for American Financial Group, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
AMERICAN FINANCIAL GROUP, INC., CIK 1042046 on EDGAR
Extract generated
November 4, 2026
Withheld
4 line-years whose four quarters do not sum to the filed year: revenue FY2011, revenue FY2019, pretax income FY2020, revenue FY2020
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: not filed
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAmortizationAndAccretionNet
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 4, 2026.

JSON file
/data/financials/AFG.json