American Financial Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	7,090	7,036	6,531	6,085	5,404	5,099
Total Interest & Dividend Income	745	726	652	490	374	389
Gain (Loss) on Sale of Investments	33	74	-3	-118	171	-68
Other Revenue	143	174	272	353	444	159
Total Revenue	8,011	8,010	7,452	6,810	6,393	5,579
Revenue Growth (YoY)	1.20%	7.49%	9.43%	6.52%	14.59%	-6.61%
Policy Benefits	4,508	4,460	4,033	3,629	3,141	2,891
Policy Acquisition & Underwriting Costs	2,073	2,007	1,935	1,718	1,547	1,508
Selling, General & Administrative	41	41	36	36	41	47
Other Operating Expenses	274	264	255	210	203	194
Total Operating Expenses	6,896	6,772	6,259	5,593	4,932	4,640
Operating Income	1,115	1,238	1,193	1,217	1,461	939
Interest Expense	-88	-100	-102	-85	-94	-88
EBT Excluding Unusual Items	1,027	1,138	1,091	1,132	1,367	851
Merger & Restructuring Charges	-	-	-	-	-	-340
Gain (Loss) on Sale of Assets	1	-	-4	-	4	23
Other Unusual Items	-14	-14	-14	-9	-36	-195
Pretax Income	1,014	1,124	1,073	1,123	1,335	339
Income Tax Expense	216	237	221	225	254	25
Earnings From Continuing Ops.	798	887	852	898	1,081	314
Earnings From Discontinued Ops.	-	-	-	-	914	407
Net Income to Company	798	887	852	898	1,995	721
Minority Interest in Earnings	-	-	-	-	-	11
Net Income	798	887	852	898	1,995	732
Net Income to Common	798	887	852	898	1,995	732
Net Income Growth	-10.84%	4.11%	-5.12%	-54.99%	172.54%	-18.39%
Shares Outstanding (Basic)	84	84	85	85	85	89
Shares Outstanding (Diluted)	84	84	85	85	86	89
Shares Change (YoY)	-0.18%	-1.06%	-0.59%	-0.35%	-4.04%	-1.98%
EPS (Basic)	9.53	10.57	10.06	10.55	23.44	8.25
EPS (Diluted)	9.52	10.57	10.05	10.53	23.30	8.19
EPS Growth	-10.73%	5.17%	-4.56%	-54.80%	184.37%	-16.86%
Dividend Per Share	3.280	3.020	2.680	2.380	2.060	1.850
Dividend Growth	11.95%	12.69%	12.61%	15.53%	11.35%	12.12%
Operating Margin	13.92%	15.46%	16.01%	17.87%	22.85%	16.83%
Profit Margin	9.96%	11.07%	11.43%	13.19%	31.21%	13.12%
EBITDA	1,200	1,319	1,271	1,317	1,648	1,238
EBITDA Margin	14.98%	16.47%	17.06%	19.34%	25.78%	22.19%
D&A For EBITDA	85	81	78	100	187	299
EBIT	1,115	1,238	1,193	1,217	1,461	939
EBIT Margin	13.92%	15.46%	16.01%	17.87%	22.85%	16.83%
Effective Tax Rate	21.30%	21.09%	20.60%	20.04%	19.03%	7.38%
Revenue as Reported	8,260	8,324	7,827	7,040	6,552	5,769

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.