American Financial Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	887	852	898	1,995
Depreciation & Amortization	81	78	100	187
Gain (Loss) on Sale of Assets	-	2	-6	-1,021
Gain (Loss) on Sale of Investments	-	36	116	-110
Reinsurance Recoverable	-769	-794	-644	-350
Change in Insurance Reserves / Liabilities	1,225	1,318	1,105	912
Change in Other Net Operating Assets	-223	358	-390	130
Other Operating Activities	-54	-31	-141	-142
Operating Cash Flow	1,152	1,970	1,153	1,714
Operating Cash Flow Growth	-41.52%	70.86%	-32.73%	-21.48%
Cash Acquisitions	-9	-208	-10	-2,181
Investment in Securities	609	813	-686	-1,911
Other Investing Activities	-252	-156	-145	225
Investing Cash Flow	95	414	-1,051	-436
Total Debt Repaid	-	-21	-477	-
Net Debt Issued (Repaid)	-	-21	-477	-
Issuance of Common Stock	17	15	16	66
Repurchases of Common Stock	-	-213	-11	-319
Common Dividends Paid	-243	-218	-193	-164
Other Financing Activities	-295	-1,128	324	227
Financing Cash Flow	-1,066	-2,031	-1,361	-1,957
Net Cash Flow	181	353	-1,259	-679
Cash Interest Paid	74	74	89	92
Cash Income Tax Paid	201	201	242	212
Levered Free Cash Flow	170.25	141.88	498.5	4,319
Unlevered Free Cash Flow	232.75	205.63	551.63	4,378
Change in Working Capital	238	1,033	186	805

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

SEC Filings: 10-K · 10-Q