American Financial Group, Inc. (AFG)

American Financial Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	7,070	7,036	6,531	6,085	5,404	5,099
Total Interest & Dividend Income	735	726	652	490	374	389
Gain (Loss) on Sale of Investments	42	74	-3	-118	171	-68
Other Revenue	137	174	272	353	444	159
Total Revenue	7,984	8,010	7,452	6,810	6,393	5,579
Revenue Growth (YoY)	4.76%	7.49%	9.43%	6.52%	14.59%	-6.61%
Policy Benefits	4,513	4,460	4,033	3,629	3,141	2,891
Policy Acquisition & Underwriting Costs	2,034	2,007	1,935	1,718	1,547	1,508
Selling, General & Administrative	41	41	36	36	41	47
Other Operating Expenses	265	264	255	210	203	194
Total Operating Expenses	6,853	6,772	6,259	5,593	4,932	4,640
Operating Income	1,131	1,238	1,193	1,217	1,461	939
Interest Expense	-100	-100	-102	-85	-94	-88
EBT Excluding Unusual Items	1,031	1,138	1,091	1,132	1,367	851
Merger & Restructuring Charges	-	-	-	-	-	-340
Gain (Loss) on Sale of Assets	-	-	-4	-	4	23
Other Unusual Items	-14	-14	-14	-9	-36	-195
Pretax Income	1,017	1,124	1,073	1,123	1,335	339
Income Tax Expense	218	237	221	225	254	25
Earnings From Continuing Ops.	799	887	852	898	1,081	314
Earnings From Discontinued Ops.	-	-	-	-	914	407
Net Income to Company	799	887	852	898	1,995	721
Minority Interest in Earnings	-	-	-	-	-	11
Net Income	799	887	852	898	1,995	732
Net Income to Common	799	887	852	898	1,995	732
Net Income Growth	-9.41%	4.11%	-5.12%	-54.99%	172.54%	-18.39%
Shares Outstanding (Basic)	84	84	85	85	85	89
Shares Outstanding (Diluted)	84	84	85	85	86	89
Shares Change (YoY)	-0.56%	-1.06%	-0.59%	-0.35%	-4.04%	-1.98%
EPS (Basic)	9.52	10.57	10.06	10.55	23.44	8.25
EPS (Diluted)	9.52	10.57	10.05	10.53	23.30	8.19
EPS Growth	-8.89%	5.17%	-4.56%	-54.80%	184.37%	-16.86%
Dividend Per Share	3.110	3.020	2.680	2.380	2.060	1.850
Dividend Growth	12.68%	12.69%	12.61%	15.53%	11.35%	12.12%
Operating Margin	14.17%	15.46%	16.01%	17.87%	22.85%	16.83%
Profit Margin	10.01%	11.07%	11.43%	13.19%	31.21%	13.12%
EBITDA	1,214	1,319	1,271	1,317	1,648	1,238
EBITDA Margin	15.20%	16.47%	17.06%	19.34%	25.78%	22.19%
D&A For EBITDA	83	81	78	100	187	299
EBIT	1,131	1,238	1,193	1,217	1,461	939
EBIT Margin	14.17%	15.46%	16.01%	17.87%	22.85%	16.83%
Effective Tax Rate	21.44%	21.09%	20.60%	20.04%	19.03%	7.38%
Revenue as Reported	8,274	8,324	7,827	7,040	6,552	5,769

Updated May 6, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q