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American Financial Group, Inc. (AFG)
NYSE: AFG · Real-Time Price · USD
138.22
-0.20 (-0.14%)
Sep 25, 2026, 4:00 PM EDT - Market closed

American Financial Group Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
9538428878528981,995
Depreciation & Amortization
91868178100187
Gain (Loss) on Sale of Assets
-27-22-2-6-1,021
Gain (Loss) on Sale of Investments
1710-36116-110
Reinsurance Recoverable
-1,008-628-769-794-644-350
Change in Insurance Reserves / Liabilities
1,2781,0661,2251,3181,105912
Change in Other Net Operating Assets
255176-223358-390130
Other Operating Activities
27--54-31-141-142
Operating Cash Flow
1,5661,5331,1521,9701,1531,714
Operating Cash Flow Growth
-6.00%33.07%-41.52%70.86%-32.73%-21.48%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Acquisitions
-4-4-9-208-10-2,181
Investment in Securities
-1,153-321609813-686-1,911
Other Investing Activities
-177-217-252-156-145225
Investing Cash Flow
-1,476-83595414-1,051-436

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-344----
Total Debt Repaid
----21-477-
Net Debt Issued (Repaid)
344344--21-477-
Issuance of Common Stock
101217151666
Repurchases of Common Stock
-88-99--213-11-319
Common Dividends Paid
-284-272-243-218-193-164
Other Financing Activities
390-28-295-1,128324227
Financing Cash Flow
80-377-1,066-2,031-1,361-1,957

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
170321181353-1,259-679

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
142.25304.63170.25143.13498.54,319
Unlevered Free Cash Flow
203.5360.25232.75206.88551.634,378

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
747474748992
Cash Income Tax Paid
168168201201242212
Change in Working Capital
5056172381,033186805
SEC Filings: 10-K · 10-Q