American Financial Group, Inc. (AFG)
NYSE: AFG · Real-Time Price · USD
156.35
+1.58 (1.02%)
Nov 5, 2026, 4:00 PM EST - Market closed
American Financial Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 11,771 | 11,052 | 10,398 | 10,377 | 10,095 | - |
Investments in Equity & Preferred Securities | 3,223 | 3,206 | 3,028 | 2,832 | 2,710 | 2,559 |
Other Investments | - | - | - | - | - | 10,357 |
Total Investments | 16,003 | 15,456 | 14,447 | 14,039 | 13,640 | 13,614 |
Cash & Equivalents | 1,348 | 1,727 | 1,406 | 1,225 | 872 | 2,131 |
Reinsurance Recoverable | 6,039 | 5,528 | 5,176 | 4,477 | 3,977 | 3,519 |
Other Receivables | 4,130 | 2,853 | 2,655 | 2,642 | 2,225 | 2,122 |
Deferred Policy Acquisition Cost | 375 | 333 | 320 | 309 | 288 | 267 |
Property, Plant & Equipment | - | 198 | 212 | 176 | 103 | 118 |
Goodwill | 327 | 327 | 305 | 305 | 246 | 246 |
Other Intangible Assets | - | 189 | 203 | 213 | 108 | 39 |
Other Current Assets | 1,558 | 1,089 | 1,013 | 966 | 917 | 834 |
Long-Term Deferred Tax Assets | - | 13 | 104 | 136 | 230 | 76 |
Other Long-Term Assets | 5,958 | 4,929 | 4,995 | 5,299 | 6,225 | 5,965 |
Total Assets | 35,738 | 32,642 | 30,836 | 29,787 | 28,831 | 28,931 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Insurance & Annuity Liabilities | 16,095 | 15,094 | 14,179 | 13,087 | 11,974 | 11,074 |
Unearned Premiums | 4,769 | 3,736 | 3,584 | 3,451 | 3,246 | 3,041 |
Reinsurance Payable | 1,479 | 1,195 | 1,191 | 1,186 | 1,035 | 920 |
Current Portion of Leases | - | 39 | - | - | - | - |
Long-Term Debt | 1,821 | 1,823 | 1,489 | 1,497 | 1,533 | 1,964 |
Long-Term Leases | - | 177 | 232 | 198 | 116 | 136 |
Other Long-Term Liabilities | 6,847 | 5,758 | 5,695 | 6,110 | 6,875 | 6,784 |
Total Liabilities | 31,011 | 27,822 | 26,370 | 25,529 | 24,779 | 23,919 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Common Stock | 83 | 83 | 84 | 84 | 85 | 85 |
Additional Paid-In Capital | 1,438 | 1,430 | 1,411 | 1,372 | 1,368 | 1,330 |
Retained Earnings | 3,634 | 3,357 | 3,211 | 3,121 | 3,142 | 3,478 |
Comprehensive Income & Other | -428 | -50 | -240 | -319 | -543 | 119 |
Total Common Equity | 4,727 | 4,820 | 4,466 | 4,258 | 4,052 | 5,012 |
Shareholders' Equity | 4,727 | 4,820 | 4,466 | 4,258 | 4,052 | 5,012 |
Total Liabilities & Equity | 35,738 | 32,642 | 30,836 | 29,787 | 28,831 | 28,931 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Filing Date Shares Outstanding | 82.75 | 83.3 | 83.98 | 83.66 | 85.2 | 84.93 |
Total Common Shares Outstanding | 82.75 | 83.42 | 83.98 | 83.64 | 85.2 | 84.92 |
Total Debt | 1,821 | 2,039 | 1,721 | 1,695 | 1,649 | 2,100 |
Net Cash (Debt) | -473 | -312 | -315 | -470 | -777 | 31 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -5.69 | -3.74 | -3.75 | -5.54 | -9.11 | 0.36 |
Book Value Per Share | 57.12 | 57.78 | 53.18 | 50.91 | 47.56 | 59.02 |
Tangible Book Value | 4,400 | 4,304 | 3,958 | 3,740 | 3,698 | 4,727 |
Tangible Book Value Per Share | 53.17 | 51.59 | 47.13 | 44.72 | 43.40 | 55.66 |