American Financial Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	-	10,398	10,377	10,095	-
Investments in Equity & Preferred Securities	-	3,028	2,832	2,710	2,559
Other Investments	-	-	-	-	10,357
Total Investments	-	14,447	14,039	13,640	13,614
Cash & Equivalents	-	1,406	1,225	872	2,131
Reinsurance Recoverable	-	5,176	4,477	3,977	3,519
Other Receivables	-	2,655	2,642	2,225	2,122
Deferred Policy Acquisition Cost	-	320	309	288	267
Property, Plant & Equipment	-	212	176	103	118
Goodwill	-	305	305	246	246
Other Intangible Assets	-	203	213	108	39
Other Current Assets	-	1,013	966	917	834
Long-Term Deferred Tax Assets	-	104	136	230	76
Other Long-Term Assets	-	4,995	5,299	6,225	5,965
Total Assets	-	30,836	29,787	28,831	28,931
Insurance & Annuity Liabilities	-	14,179	13,087	11,974	11,074
Unearned Premiums	-	3,584	3,451	3,246	3,041
Reinsurance Payable	-	1,191	1,186	1,035	920
Current Portion of Leases	-	40	-	-	-
Long-Term Debt	-	1,489	1,497	1,533	1,964
Long-Term Leases	-	192	198	116	136
Other Long-Term Liabilities	-	5,695	6,110	6,875	6,784
Total Liabilities	-	26,370	25,529	24,779	23,919
Common Stock	-	84	84	85	85
Additional Paid-In Capital	-	1,411	1,372	1,368	1,330
Retained Earnings	-	3,211	3,121	3,142	3,478
Comprehensive Income & Other	-	-240	-319	-543	119
Total Common Equity	4,730	4,466	4,258	4,052	5,012
Shareholders' Equity	4,730	4,466	4,258	4,052	5,012
Total Liabilities & Equity	-	30,836	29,787	28,831	28,931
Filing Date Shares Outstanding	83.4	83.98	83.66	85.2	84.93
Total Common Shares Outstanding	83.4	83.98	83.64	85.2	84.92
Total Debt	2,049	1,721	1,695	1,649	2,100
Net Cash (Debt)	-207	-315	-470	-777	31
Net Cash Per Share	-2.48	-3.75	-5.54	-9.11	0.36
Book Value Per Share	56.71	53.18	50.91	47.56	59.02
Tangible Book Value	4,211	3,958	3,740	3,698	4,727
Tangible Book Value Per Share	50.49	47.13	44.72	43.40	55.66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q