AMERICAN FINANCIAL GROUP, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $248.0M | $191.0M | $215.0M | $174.0M | $154.0M | $181.0M | $209.0M | $242.0M |
| Depreciation & Amortization | — | $25.0M | — | — | $22.0M | — | — | $20.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.0M | $5.0M | $5.0M | $5.0M | $5.0M | $5.0M | $4.0M | $5.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $92.0M | $474.0M | $216.0M | $191.0M | $342.0M | $459.0M | $-88.0M | $107.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-613.0M | — | — | $23.0M | — | — | $-155.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | $198.0M | — | — | $233.0M | — | — | $268.0M |
| Stock Repurchases | — | $60.0M | — | — | $58.0M | — | — | $0 |
| Net Cash from Financing Activities | — | $-235.0M | — | — | $-495.0M | — | — | $-90.0M |
| Net Change in Cash | — | $-374.0M | — | — | $-130.0M | — | — | $-138.0M |
| Free Cash Flow | — | — | — | — | — | — | — | — |