American Financial Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Net Income	879	842	887	852	898	1,995
Depreciation & Amortization	89	86	81	78	100	187
Other Adjustments	3	-12	-	38	110	-754
Changes in Receivables	-749	-628	-769	-794	-644	-350
Changes in Deferred Acquisition Costs	-	-	-	-	-	-98
Changes in Accounts Payable	36	3	5	151	115	113
Changes in Claims Reserves	1,144	1,066	1,225	1,318	1,105	912
Changes in Other Operating Activities	265	176	-277	327	-531	-291
Operating Cash Flow	1,665	1,533	1,152	1,970	1,153	1,714
Operating Cash Flow Growth	20.04%	33.07%	-41.52%	70.86%	-32.73%	-21.48%
Capital Expenditures	-127	-135	-133	-72	-86	-62
Sale of Property, Plant & Equipment	9	2	30	3	31	46
Purchases of Investments	-5,953	-5,586	-4,641	-3,767	-6,555	-10,935
Proceeds from Sale of Investments	4,596	4,881	4,853	4,464	5,573	9,083
Payments for Business Acquisitions	-	-7	-9	-234	-10	-123
Proceeds from Business Divestments	-	-	-	-	-	3,581
Other Investing Activities	5	7	-2	20	-4	-2,026
Investing Cash Flow	-1,471	-835	95	414	-1,051	-436
Long-Term Debt Issued	-	344	-	-	-	-
Long-Term Debt Repaid	-	-	-	-21	-477	-
Net Long-Term Debt Issued (Repaid)	-	344	-	-21	-477	-
Issuance of Common Stock	11	12	17	15	16	66
Repurchase of Common Stock	-2	-	-99	-213	-11	-319
Net Common Stock Issued (Repurchased)	9	12	-82	-198	5	-253
Common Dividends Paid	-571	-606	-788	-684	-1,213	-2,374
Other Financing Activities	200	-28	-295	-1,128	324	670
Financing Cash Flow	-117	-377	-1,066	-2,031	-1,361	-1,957
Net Cash Flow	77	321	181	353	-1,259	-679
Free Cash Flow	1,538	1,398	1,019	1,898	1,067	1,652
Free Cash Flow Growth	10.01%	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	18.44	16.74	12.15	22.38	12.51	19.30
Levered Free Cash Flow	927	1,316	563	1,315	19	1,844
Unlevered Free Cash Flow	1,142	972	563	1,336	496	930

SEC Filings: 10-K · 10-Q