# American Financial Group Inc: overview

AFG · NYSE · CIK 1042046 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/afg.md) · [Financials](/companies/afg/financials.md) · [Filings](/companies/afg/filings.md) · [Insiders](/companies/afg/insiders.md)

Latest reported revenue: [$2.03bn](/filings/0001042046-26-000024.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:Revenues, accession 0001042046-26-000024).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,369](/filings/0001042046-25-000035.md) | [2,149 d](/filings/0001042046-26-000010.md) | [1,856](/filings/0001042046-26-000014.md) | [1,924](/filings/0001042046-26-000024.md) | [2,331](/filings/0001042046-25-000035.md) | [2,063 d](/filings/0001042046-26-000010.md) | [1,854](/filings/0001042046-26-000014.md) | [2,030](/filings/0001042046-26-000024.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [9.7%](/filings/0001042046-25-000035.md) | [14.9% d](/filings/0001042046-26-000010.md) | [10.6%](/filings/0001042046-26-000014.md) | [11.9%](/filings/0001042046-26-000024.md) | [11.5%](/filings/0001042046-25-000035.md) | [18.4% d](/filings/0001042046-26-000010.md) | [12.9%](/filings/0001042046-26-000014.md) | [15.6%](/filings/0001042046-26-000024.md) |
| Net margin | % | [7.6%](/filings/0001042046-25-000035.md) | [11.9% d](/filings/0001042046-26-000010.md) | [8.3%](/filings/0001042046-26-000014.md) | [9.0%](/filings/0001042046-26-000024.md) | [9.2%](/filings/0001042046-25-000035.md) | [14.5% d](/filings/0001042046-26-000010.md) | [10.3%](/filings/0001042046-26-000014.md) | [12.2%](/filings/0001042046-26-000024.md) |
| Diluted EPS | $ per share | [2.16](/filings/0001042046-25-000035.md) | not reported | [1.84](/filings/0001042046-26-000014.md) | [2.07](/filings/0001042046-26-000024.md) | [2.58](/filings/0001042046-25-000035.md) | not reported | [2.29](/filings/0001042046-26-000014.md) | [2.99](/filings/0001042046-26-000024.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,552](/filings/0001042046-24-000009.md) | [7,040](/filings/0001042046-25-000011.md) | [7,827](/filings/0001042046-26-000010.md) | [8,324](/filings/0001042046-26-000010.md) | [8,174](/filings/0001042046-26-000010.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [20.4%](/filings/0001042046-24-000009.md) | [16.0%](/filings/0001042046-25-000011.md) | [13.7%](/filings/0001042046-26-000010.md) | [13.5%](/filings/0001042046-26-000010.md) | [13.1%](/filings/0001042046-26-000010.md) |
| Net margin | % | [30.4%](/filings/0001042046-24-000009.md) | [12.8%](/filings/0001042046-25-000011.md) | [10.9%](/filings/0001042046-26-000010.md) | [10.7%](/filings/0001042046-26-000010.md) | [10.3%](/filings/0001042046-26-000010.md) |
| Diluted EPS | $ per share | [23.30](/filings/0001042046-24-000009.md) | [10.53](/filings/0001042046-25-000011.md) | [10.05](/filings/0001042046-26-000010.md) | [10.57](/filings/0001042046-26-000010.md) | [10.08](/filings/0001042046-26-000010.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/afg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.08bn | 7,712,799 |  | Added +877,722 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $765.0m | 5,466,871 |  | Reduced −906,568 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $501.0m | 3,580,166 |  | Reduced −331,900 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $431.0m | 3,080,102 |  | Added +68,985 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $423.5m | 3,026,309 |  | Reduced −258,527 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $323.9m | 2,314,583 |  | Added +214,174 |
| [AMERICAN FINANCIAL GROUP INC 401(K) RETIREMENT & SAVINGS PLAN](/funds/943719.md) | 2026-06-30 | $314.2m | 2,245,258 |  | Reduced −121,453 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $243.1m | 1,737,126 |  | Added +64,406 |
| [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $226.6m | 1,619,156 |  | Reduced −418,809 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $225.5m | 1,611,494 |  | Added +104,984 |

## Recent filings

[All 1,572 filings](/companies/afg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 15:29 ET | [10-Q](/filings/0001042046-26-000024.md) | Quarterly report, period 2026-06-30 | 0001042046-26-000024 |
| 2026-08-05 | 08:30 ET | [8-K](/filings/0001193125-26-333957.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-333957 |
| 2026-05-21 | 17:00 ET | [8-K](/filings/0001140361-26-022469.md) | 5.07 Shareholder vote results | 0001140361-26-022469 |
| 2026-05-07 | 15:31 ET | [10-Q](/filings/0001042046-26-000014.md) | Quarterly report, period 2026-03-31 | 0001042046-26-000014 |
| 2026-04-30 | 07:00 ET | [8-K](/filings/0001193125-26-193922.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-193922 |
| 2026-04-15 | 17:03 ET | [SCHEDULE 13D/A](/filings/0001140361-26-014827.md) | Ownership report, active investor, amended | 0001140361-26-014827 |
| 2026-04-15 | 17:00 ET | [SCHEDULE 13D/A](/filings/0001140361-26-014822.md) | Ownership report, active investor, amended | 0001140361-26-014822 |
| 2026-04-03 | 09:01 ET | [DEF 14A](/filings/0001140361-26-013118.md) | Proxy statement, period 2026-05-20 | 0001140361-26-013118 |
| 2026-02-25 | 15:19 ET | [10-K](/filings/0001042046-26-000010.md) | Annual report, period 2025-12-31 | 0001042046-26-000010 |
| 2026-02-18 | 17:00 ET | [8-K](/filings/0001140361-26-006031.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001140361-26-006031 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001042046-26-000010.md), filed Feb 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1519b694-5e39-4904-9a1f-077a131ec565)

## About the filer

- CIK: 1042046
- Tickers: AFG, AFGB, AFGC, AFGD, AFGE
- Exchange: NYSE
- SIC code: 6331 Fire, Marine & Casualty Insurance
- State of incorporation: OH
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:31 ET. No prices; not investment advice.