American Financial Group Inc (AFGE) stock
AFGENYSEFire, Marine & Casualty InsuranceFiscal year ends December 31Also trades as AFG, AFGB, AFGC, AFGD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 9/3024% above fair value
$15.10−0.10 (-0.66%)
Close on Oct 30, 2026Market cap $1.25BP/E 1.3Yield 48.21%
American Financial operating margin
Operating margin is operating income as a percentage of revenue.
American Financial's operating margin for the twelve months ending Jun 30, 2026 was 14.5%. For fiscal 2025 it was 13.1%, against 13.5% the year before. The highest annual figure on record is 20.4% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13.1% | −0.4 |
| FY2024 | Dec 31, 2024 | 13.5% | −0.2 |
| FY2023 | Dec 31, 2023 | 13.7% | −2.2 |
| FY2022 | Dec 31, 2022 | 16.0% | −4.4 |
| FY2021 | Dec 31, 2021 | 20.4% | +14.5 |
| FY2020 | Dec 31, 2020 | 5.9% | −4.3 |
| FY2019 | Dec 31, 2019 | 10.2% | +1.3 |
| FY2018 | Dec 31, 2018 | 8.9% | −1.6 |
| FY2017 | Dec 31, 2017 | 10.5% | −1.6 |
| FY2016 | Dec 31, 2016 | 12.1% | +2.9 |
| FY2015 | Dec 31, 2015 | 9.2% | −1.7 |
| FY2014 | Dec 31, 2014 | 10.9% | −2.6 |
| FY2013 | Dec 31, 2013 | 13.5% | +2.7 |
| FY2012 | Dec 31, 2012 | 10.8% | −1.2 |
| FY2011 | Dec 31, 2011 | 12.0% | −3.4 |
| FY2010 | Dec 31, 2010 | 15.4% | −3.4 |
| FY2009 | Dec 31, 2009 | 18.8% | +11.4 |
| FY2008 | Dec 31, 2008 | 7.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 15.6% | +3.7 |
| Q1 FY2026 | Mar 31, 2026 | 12.9% | +2.3 |
| Q4 FY2025 | Dec 31, 2025 | 18.4% | +3.5 |
| Q3 FY2025 | Sep 30, 2025 | 11.5% | +1.8 |
| Q2 FY2025 | Jun 30, 2025 | 11.9% | −2.4 |
| Q1 FY2025 | Mar 31, 2025 | 10.6% | −5.3 |
| Q4 FY2024 | Dec 31, 2024 | 14.9% | −1.2 |
| Q3 FY2024 | Sep 30, 2024 | 9.7% | −0.5 |
| Q2 FY2024 | Jun 30, 2024 | 14.3% | +0.4 |
| Q1 FY2024 | Mar 31, 2024 | 15.9% | +0.8 |
| Q4 FY2023 | Dec 31, 2023 | 16.1% | −1.9 |
| Q3 FY2023 | Sep 30, 2023 | 10.1% | −0.5 |
| Q2 FY2023 | Jun 30, 2023 | 13.9% | +0.5 |
| Q1 FY2023 | Mar 31, 2023 | 15.2% | −7.6 |
| Q4 FY2022 | Dec 31, 2022 | 17.9% | −7.4 |
| Q3 FY2022 | Sep 30, 2022 | 10.6% | −4.6 |
| Q2 FY2022 | Jun 30, 2022 | 13.4% | −5.4 |
| Q1 FY2022 | Mar 31, 2022 | 22.7% | +0.5 |
| Q4 FY2021 | Dec 31, 2021 | 25.3% | +12.2 |
| Q3 FY2021 | Sep 30, 2021 | 15.2% | +12.7 |
| Q2 FY2021 | Jun 30, 2021 | 18.8% | +9.1 |
| Q1 FY2021 | Mar 31, 2021 | 22.2% | +39.7 |
| Q4 FY2020 | Dec 31, 2020 | 13.1% | +23.2 |
| Q3 FY2020 | Sep 30, 2020 | 2.6% | −5.8 |
| Q2 FY2020 | Jun 30, 2020 | 9.7% | −3.5 |
| Q1 FY2020 | Mar 31, 2020 | -17.5% | −37.9 |
| Q4 FY2019 | Dec 31, 2019 | -10.1% | −7.8 |
| Q3 FY2019 | Sep 30, 2019 | 8.3% | −3.8 |
| Q2 FY2019 | Jun 30, 2019 | 13.2% | −1.0 |
| Q1 FY2019 | Mar 31, 2019 | 20.4% | +9.7 |
| Q4 FY2018 | Dec 31, 2018 | -2.3% | −17.1 |
| Q3 FY2018 | Sep 30, 2018 | 12.2% | +10.6 |
| Q2 FY2018 | Jun 30, 2018 | 14.2% | +1.7 |
| Q1 FY2018 | Mar 31, 2018 | 10.7% | −3.4 |
| Q4 FY2017 | Dec 31, 2017 | 14.8% | −3.5 |
| Q3 FY2017 | Sep 30, 2017 | 1.6% | −8.9 |
| Q2 FY2017 | Jun 30, 2017 | 12.5% | – |
| Q1 FY2017 | Mar 31, 2017 | 14.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 18.2% | – |
| Q3 FY2016 | Sep 30, 2016 | 10.4% | – |