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American Financial Group, Inc. (AFG)
NYSE: AFG · Real-Time Price · USD
144.87
+0.99 (0.69%)
Jul 28, 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
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
8798428878528981,995
Depreciation & Amortization
89868178100187
Other Adjustments
3-12-38110-754
Changes in Receivables
-749-628-769-794-644-350
Changes in Deferred Acquisition Costs
------98
Changes in Accounts Payable
3635151115113
Changes in Claims Reserves
1,1441,0661,2251,3181,105912
Changes in Other Operating Activities
251176-277327-531-291
Operating Cash Flow
1,6651,5331,1521,9701,1531,714
Operating Cash Flow Growth
20.04%33.07%-41.52%70.86%-32.73%-21.48%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-127-135-133-72-86-62
Sale of Property, Plant & Equipment
923033146
Purchases of Investments
-5,953-5,586-4,641-3,767-6,555-10,935
Proceeds from Sale of Investments
4,5964,8814,8534,4645,5739,083
Cash Acquisitions
--7-9-234-10-123
Proceeds from Business Divestments
-----3,581
Other Investing Activities
57-220-4-2,026
Investing Cash Flow
-1,471-83595414-1,051-436

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-344----
Long-Term Debt Repaid
----21-477-
Net Long-Term Debt Issued (Repaid)
-344--21-477-
Issuance of Common Stock
111217151666
Repurchase of Common Stock
-2--99-213-11-319
Net Common Stock Issued (Repurchased)
912-82-1985-253
Common Dividends Paid
-571-606-788-684-1,213-2,374
Other Financing Activities
200-28-295-1,128324670
Financing Cash Flow
-117-377-1,066-2,031-1,361-1,957

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
77321181353-1,259-679

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
1,5381,3981,0191,8981,0671,652
Free Cash Flow Growth
21.39%37.19%-46.31%77.88%-35.41%-22.19%
FCF Margin
18.82%17.10%12.24%24.25%15.16%25.21%
Free Cash Flow Per Share
18.4416.7412.1522.3812.5119.30
Levered Free Cash Flow
1,1281,3165631,315191,844
Unlevered Free Cash Flow
1,1289725631,336496930
SEC Filings: 10-K · 10-Q