American Financial Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.17B | $8.32B | $7.83B | $7.04B | $6.55B | $5.77B | $8.24B | $7.15B |
| P&C Net Earned Premiums | $7.05B | $7.04B | $6.53B | $6.09B | $5.40B | $5.10B | $5.19B | $4.87B |
| Life Accident & Health Net Earned Premiums | $0 | $0 | $0 | $0 | $0 | $0 | $22.0M | $24.0M |
| Net Investment Income | $745.0M | $780.0M | $742.0M | $717.0M | $730.0M | $461.0M | $2.30B | $2.09B |
| Realized Gains (Losses) on Securities | $10.0M | $0 | $-36.0M | $-116.0M | $110.0M | $-75.0M | $287.0M | $-266.0M |
| Realized Gains (Losses) on Subsidiaries | $1.0M | $0 | $-4.0M | $0 | $4.0M | $23.0M | $0 | $0 |
| Investment Income of Managed Entities | $283.0M | $380.0M | $421.0M | $268.0M | $181.0M | $201.0M | $269.0M | $255.0M |
| Gain (Loss) on Fair Value Change | $-26.0M | $4.0M | $27.0M | $-31.0M | $10.0M | $-20.0M | $-30.0M | $-21.0M |
| Other Income | $115.0M | $124.0M | $146.0M | $117.0M | $113.0M | $80.0M | $201.0M | $199.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.06B | $2.01B | $1.94B | $1.72B | $1.55B | $1.63B | — | — |
| Operating Income | $1.07B | $1.12B | $1.07B | $1.12B | $1.34B | $339.0M | $634.0M | $639.0M |
| Operating Margin | 13.1% | 13.5% | 13.7% | 16.0% | 20.4% | 5.9% | 7.7% | 8.9% |
| Interest Expense | $80.0M | $76.0M | $76.0M | $85.0M | $94.0M | $88.0M | $68.0M | $62.0M |
| Pretax Income | — | — | — | — | — | $848.0M | $1.11B | $639.0M |
| Income Tax Expense | $231.0M | $237.0M | $221.0M | $225.0M | $254.0M | $25.0M | $143.0M | $122.0M |
| Net Income | $842.0M | $887.0M | $852.0M | $898.0M | $2.00B | $732.0M | $897.0M | $530.0M |
| Net Margin | 10.3% | 10.7% | 10.9% | 12.8% | 30.4% | 12.7% | 10.9% | 7.4% |
| EPS (Basic) | $10.08 | $10.57 | $10.06 | $10.55 | $23.44 | $8.25 | $9.98 | $5.95 |
| EPS (Diluted) | $10.08 | $10.57 | $10.05 | $10.53 | $23.30 | $8.20 | $9.85 | $5.85 |
| Shares Outstanding (Basic) | 83.5M | 83.9M | 84.7M | 85.1M | 85.1M | 88.7M | 89.9M | 89.0M |
| Shares Outstanding (Diluted) | 83.5M | 83.9M | 84.8M | 85.3M | 85.6M | 89.2M | 91.0M | 90.6M |
| Dividends Per Share | $7.28 | $9.43 | $8.10 | $14.31 | $28.06 | $3.85 | $4.95 | $4.45 |