American Financial Group, Inc.

NYSE:AFG Stock Report

Market Cap: US$11.5b

American Financial Group Past Earnings Performance

Past criteria checks 2/6

American Financial Group has been growing earnings at an average annual rate of 13.2%, while the Insurance industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 4% per year. American Financial Group's return on equity is 19%, and it has net margins of 11.3%.

Key information

13.2%

Earnings growth rate

14.3%

EPS growth rate

Insurance Industry Growth8.0%
Revenue growth rate4.0%
Return on equity19.0%
Net Margin11.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

American Financial Group's (NYSE:AFG) Dividend Will Be Increased To $0.80

Oct 04
American Financial Group's (NYSE:AFG) Dividend Will Be Increased To $0.80

Insufficient Growth At American Financial Group, Inc. (NYSE:AFG) Hampers Share Price

Sep 02
Insufficient Growth At American Financial Group, Inc. (NYSE:AFG) Hampers Share Price

American Financial Group: Solid Underwriting In Q2 With Potential Benefits From Rental Inflation

Aug 07

American Financial: Debentures Better Than Dividends For Income Investors

Jun 05

Little Excitement Around American Financial Group, Inc.'s (NYSE:AFG) Earnings

May 30
Little Excitement Around American Financial Group, Inc.'s (NYSE:AFG) Earnings

American Financial Group: Attractive Due To Solid Underwriting And Multifamily Upside

May 09

American Financial Group: An Underwriting Stumble Has Created Opportunity

Nov 09

Insurer American Financial Group Is A Buy Opportunity Despite Elevated Valuation

Sep 08

American Financial Group: Q2, Bullish On Revenue And Bearish On Underwriting

Aug 22

Buy American Financial Group While On Sale

Jun 07

American Financial Q4 2022 Earnings Preview

Jan 31

American Financial declares $0.63 dividend

Jan 03

American Financial Group: Superior Business Fundamentals May Be Reflected In The Price

Dec 22

American Financial GAAP EPS of $1.93 beats by $0.27, revenue of $1.98B beats by $470M

Nov 02

American Financial Group Is A Potential Hidden Gem

Oct 17

American Financial declares $0.63 dividend

Oct 03

American Financial Group: A Way To Play This Today

Sep 01

American Financial raises dividend by 12.5% to $0.63

Aug 18

Revenue & Expenses Breakdown

How American Financial Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:AFG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,916895360
30 Jun 247,696891360
31 Mar 247,621882360
31 Dec 237,452852360
30 Sep 237,311865360
30 Jun 237,163853360
31 Mar 236,906820360
31 Dec 226,810898360
30 Sep 226,681977410
30 Jun 226,4761,031410
31 Mar 226,4721,104410
31 Dec 216,3931,081410
30 Sep 216,297991470
30 Jun 216,132860470
31 Mar 216,047733470
31 Dec 205,579325470
30 Sep 206,03527100
30 Jun 206,55233000
31 Mar 207,05042700
31 Dec 195,974519470
30 Sep 197,57265700
30 Jun 197,45971400
31 Mar 197,33771400
31 Dec 186,93953000
30 Sep 187,07072500
30 Jun 186,90453200
31 Mar 186,72046700
31 Dec 176,68447500
30 Sep 176,61569400
30 Jun 176,49279200
31 Mar 176,44070100
31 Dec 166,34564900
30 Sep 166,24039300
30 Jun 166,22734700
31 Mar 166,19943400
31 Dec 156,19435200
30 Sep 156,13135000
30 Jun 156,03940300
31 Mar 155,89536800
31 Dec 145,65145200
30 Sep 145,46948300
30 Jun 145,32845000
31 Mar 145,07245400
31 Dec 135,01847100

Quality Earnings: AFG has high quality earnings.

Growing Profit Margin: AFG's current net profit margins (11.3%) are lower than last year (11.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AFG's earnings have grown by 13.2% per year over the past 5 years.

Accelerating Growth: AFG's earnings growth over the past year (3.5%) is below its 5-year average (13.2% per year).

Earnings vs Industry: AFG earnings growth over the past year (3.5%) did not outperform the Insurance industry 36.4%.


Return on Equity

High ROE: AFG's Return on Equity (19%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

American Financial Group, Inc. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael ZaremskiBMO Capital Markets Equity Research
Jay CohenBofA Global Research
Amit KumarBuckingham Research Group Inc.