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American Financial Group AFG
$ 143.62 0.7%
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Quarterly report 2026-Q2
added 08-06-2026

American Financial Group Income Statement 2025-2007 | AFG

Brief overview of financial results at American Financial Group

The comparison covers a five-year financial horizon. Revenue at American Financial Group moved from 5.8 billion dollars in 2020 to 8.2 billion dollars in 2025. The total change was +41.7%, with a CAGR of approximately 7.2%. The company expanded at a measured pace.

Over the period, net income shifted from $732 million to $842 million (+15%). There was no meaningful strengthening in net profitability.

Over the period, capitalization shifted from 6.9 billion dollars to 11 billion dollars (+59.4%). The market broadly confirmed the positive direction of the business.

Conclusion

Financial performance is improving but still needs confirmation. The positive side is supported by net-income growth and revenue expansion. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.

Annual Income Statement American Financial Group

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Market Cap

11 B 10.3 B 10.7 B 11.3 B 10.5 B 6.9 B 9.99 B 8.47 B 9.99 B 7.51 B 6.21 B 5.09 B 4.94 B 3.79 B 3.59 B 2.98 B 2.55 B 3.42 B -

Shares

83.5 M 83.9 M 84.7 M 85.1 M 85.1 M 88.7 M 90.3 M 89.3 M 88.3 M 86.9 M 87.5 M 87.7 M 89 M 89 M 97.8 M 109 M 116 M 114 M -

Historical Prices

132 122 126 133 123 77.8 65.7 67.5 73.3 58.3 39.8 36.2 31.8 23.9 20 27.3 22.1 29.9 36.1

Net Income

842 M 887 M 852 M 898 M 2 B 732 M 897 M 530 M 475 M 649 M 352 M 452 M 471 M 488 M 343 M 482 M 523 M 196 M -

Revenue

8.17 B 8.32 B 7.83 B 7.04 B 6.55 B 5.77 B 8.24 B 7.15 B 6.86 B 6.5 B 6.14 B 5.71 B 5.09 B 5.06 B 4.75 B 4.5 B 4.32 B 4.29 B -

Operating Income

1.07 B 1.12 B 1.07 B 1.12 B 1.34 B 339 M 634 M 639 M 724 M 787 M 565 M 626 M 689 M 537 M 558 M 694 M 818 M 316 M -

Interest Expense

80 M 76 M 76 M 85 M 94 M 88 M 68 M 62 M 85 M 77 M 75 M 74 M 71 M 75 M 74 M 78 M 67 M 70 M -

EBITDA

1.16 B 1.2 B 1.15 B 1.22 B 1.52 B 638 M - - - - - - - - - 896 M 1.01 B 537 M -

Operating Expenses

- - - - - - 7.13 B 6.51 B 6.14 B 5.71 B 5.58 B 5.11 B 4.41 B 4.42 B 4.08 B - - - -

General and Administrative Expenses

2.06 B 2.01 B 1.94 B 1.72 B 1.55 B 1.62 B - - - - - - - 404 M 434 M - - - -

All numbers in USD currency

Quarterly Income Statement American Financial Group

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2

Shares

83 M 83.3 M 83.4 M 83.5 M 83.8 M 84 M 83.9 M 83.9 M 83.7 M 83.6 M 84.6 M 85.1 M 85.2 M 85.2 M 85.2 M 85.1 M 85 M 84.9 M 84.8 M 85 M 85.9 M 86.6 M 88.2 M 89.7 M 90.3 M 90.2 M 90 M 89.7 M 89.4 M 89.3 M 89.1 M 89 M 88.6 M 88.2 M 88.1 M 87.8 M 87.2 M 86.9 M 86.9 M 86.8 M 86.9 M 87.4 M 87.5 M 87.7 M 87.6 M 87.9 M 89 M 89.6 M 89.6 M 89.4 M 89.1 M 89.6 M 89.4 M 89.8 M 92.9 M 96.4 M 97.7 M 98.2 M 99.7 M 103 M 105 M 108 M 110 M

Net Income

248 M 191 M 215 M 174 M 154 M - 181 M 209 M 242 M - 177 M 200 M 212 M - 165 M 167 M 290 M - 219 M 1 B 419 M 692 M 164 M 177 M -301 M 211 M 147 M 210 M 329 M -29 M 204 M 210 M 145 M 166 M 11 M 145 M 153 M 385 M 109 M 54 M 101 M 129 M 63 M 141 M 19 M 127 M 116 M 106 M 103 M 158 M 83 M 110 M 120 M 50 M 226 M 99 M 113 M 109 M 97 M 48 M 88 M 132 M 108 M

Revenue

2.03 B 1.85 B 2.33 B 1.92 B 1.86 B - 2.37 B 1.9 B 1.91 B - 2.16 B 1.84 B 1.74 B - 1.98 B 1.54 B 1.59 B - 1.75 B 1.53 B 1.51 B 2.62 B 1.56 B 1.44 B 1.06 B 2.13 B 2.12 B 1.96 B 2.02 B 1.69 B 2.01 B 1.83 B 1.62 B 1.81 B 1.84 B 1.65 B 1.58 B 1.74 B 1.7 B 1.58 B 1.48 B 1.62 B 1.69 B 1.54 B 1.3 B 1.55 B 1.58 B 1.39 B 1.21 B 1.36 B 1.44 B 1.14 B 1.15 B 1.21 B 1.54 B 1.12 B 1.09 B 1.28 B 1.34 B 1.09 B 1.04 B 1.26 B 1.05 B

Operating Income

316 M 239 M 268 M 229 M 197 M - 229 M 271 M 304 M - 219 M 255 M 264 M - 210 M 206 M 361 M - 267 M 288 M 335 M - 40 M 140 M -185 M - 177 M 259 M 413 M - 244 M 260 M 174 M - 29 M 205 M 223 M - 178 M 136 M 156 M - 99 M 226 M 30 M - 145 M 130 M 161 M - 142 M 126 M 175 M - 285 M 136 M 146 M - 156 M 60 M 102 M 208 M 158 M

Interest Expense

24 M 23 M 19 M 19 M 19 M - 19 M 19 M 19 M - 19 M 19 M 19 M - 19 M 23 M 23 M - 24 M 23 M 24 M - 24 M 23 M 17 M - 17 M 17 M 16 M - 15 M 16 M 15 M - 21 M 23 M 21 M - 19 M 19 M 18 M - 18 M 20 M 20 M - 18 M 17 M 18 M - 18 M 18 M 18 M - 19 M 19 M 19 M - 21 M 21 M 21 M 21 M 18 M

EBITDA

365 M 264 M 273 M 234 M 219 M - 234 M 275 M 324 M - 224 M 258 M 284 M - 212 M 209 M 387 M - 427 M 289 M 434 M - 288 M 219 M -72 M - 372 M 331 M 447 M - 407 M 366 M 245 M - 134 M 274 M 261 M - 269 M 189 M 184 M - 217 M 310 M 61 M - 240 M 187 M 188 M - 252 M 204 M 210 M - 403 M 219 M 192 M - 287 M 151 M 151 M 349 M 255 M

General and Administrative Expenses

560 M 556 M 529 M 534 M 530 M - 518 M 506 M 503 M - 497 M 485 M 473 M - 445 M 432 M 414 M - 417 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company American Financial Group (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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