AFGE
AMERICAN FINANCIAL GROUP INC
Next earnings Aug 3, 2026 (after close) · consensus $2.36 EPS, $1.75B rev
Last earnings +0.2% on 2026-04-30
$15.79
▼ -0.19%$15.79▲ +1.53%
over 1Y
L $15.55EODHDH $18.33
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-0.2%
1W-0.5%
1M-3.9%
3M-2.2%
YTD-4.4%
1Y+1.5%
Buy
Conviction
Horizon
Long (>12mo)
Street · 12 analysts
Buy
Best-in-class specialty P&C insurer with 17.5% ROE, strong cash flow and a fortress capital position; headline price/valuation looks distorted.
Revenue (FY2025) $8.17B · FY2025
The read
Quality fundamentals and an attractive price line up (~443% below fair value) — the rarer case where both the business and the entry look good.
American Financial Group is a high-quality specialty property & casualty insurer with a long record of disciplined underwriting and superior returns. FY2025 results held up well in a competitive market: revenue of $8.17B (down a modest 1.8%) and net income of $842M (down 5.1%), producing a robust 17.5% return on equity — well above the P&C industry norm. The earnings consistency is notable: net income has held in the $842M-$898M band across FY2022-FY2025, demonstrating durable specialty-line profitability rather than catastrophe-driven volatility. Operating cash flow grew 33.1% to $1.53B, comfortably funding the dividend and buybacks.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $6.55B | $7.04B | $7.83B | $8.32B | $8.17B |
| Gross profit | — | — | — | — | — |
| Operating income | $1.33B | $1.12B | $1.07B | $1.12B | $1.07B |
| Net income | $2.00B | $898M | $852M | $887M | $842M |
| Diluted EPS | $23.30 | $10.53 | $10.05 | $10.57 | $10.08 |
| Net margin | 30.4% | 12.8% | 10.9% | 10.7% | 10.3% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield64.0%
FCF yield—
Quality & risk
ROIC (est.)12.8%
Free cash flow—
Total debt$1.82B
Net cash-$93.0M
Piotroski F-Score4/7
Capital returns
Buyback yield7.5%
Dividend yield (est.)46.1%
Shareholder yield53.6%
Shares Δ YoY-0.8%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-06-242026-06-25open ↗4Period ending 2026-06-232026-06-24open ↗144Filing2026-06-24open ↗144Filing2026-06-17open ↗4Period ending 2026-06-012026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗8-KPeriod ending 2026-05-202026-05-21open ↗
Frequently asked
- Is AMERICAN FINANCIAL GROUP INC (AFGE) a buy?
- AFGE currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. Best-in-class specialty P&C insurer with 17.5% ROE, strong cash flow and a fortress capital position; headline price/valuation looks distorted.
- What is AFGE's fair value?
- A Modified-Graham model based on AFGE's SEC fundamentals estimates a fair value of about $85.68. It is an estimate from reported earnings, not a price target.
- Is AFGE overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, AFGE currently appears undervalued relative to its SEC-grounded earnings power.
- What is AMERICAN FINANCIAL GROUP INC's quality score?
- AFGE scores 70.8235294117647/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001042046, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/21/2026, 8:49:11 PM.
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