American Financial Group Inc
American Financial Group Inc (AFG) is listed on NYSE and classified in Insurance - Property & Casualty, part of the Financial Services sector. It is headquartered in Cincinnati, United States and has 8,500 employees. The company is worth $12.73B and trades at 13.1x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $8.17B in fiscal 2025, down 1.8% from the year before. Net income was $842M. The share price is within 3% of its 52-week high. It pays a dividend yielding 4.63%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $200.27M. In that quarter, 4 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +11.6% over 5Y.
today you would have $1,586.57▲ +58.7%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $136.68 | $136.93 | $118.89 | $137.28 | $137.32 | $87.62 | $109.65 | $90.53 | $108.54 | $88.12 | $72.08 | $60.72 | $57.72 | $39.52 | $36.89 | $32.29 | $24.95 | $22.88 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 4.2% a year plus a 4.6% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 11.9 across this company’s own years on record.
Cash flow growing 4.2% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 12.4x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| IVZInvesco Ltd. | $28.79 | — | 1.3x | 2.99% | -0.57% | $12.71B |
| SEICSei Investments Co | $104.50 | 18.4x | 5.2x | 1.00% | 27.59% | $12.54B |
| GLGlobe Life Inc | $168.41 | 11.3x | 2.2x | 0.78% | 20.95% | $12.94B |
| AEGAegon Ltd | $8.21 |
| P/E | 11.9x | 13.6x | 13.0x | 11.8x | 13.0x | 5.9x | 10.7x | 11.1x | 15.5x | 20.6x | 12.0x | 18.3x | 12.2x | 11.2x | 7.8x | 11.1x | 7.4x | 5.6x | 13.7x |
| P/S | 1.2x | 1.4x | 1.4x | 1.3x | 1.7x | 1.8x | 1.3x | 1.6x | 1.1x | 1.4x | 1.2x | 1.0x | 0.9x | 1.0x | 0.7x | 0.8x | 0.8x | 0.7x | 0.6x |
| P/B | 1.5x | 2.4x | 2.6x | 2.3x | 2.9x | 2.3x | 1.1x | 1.6x | 1.6x | 1.8x | 1.6x | 1.4x | 1.1x | 1.1x | 0.8x | 0.8x | 0.8x | 0.7x | 1.0x |
| EPS | $10.08 | $10.57 | $10.05 | $10.53 | $23.30 | $8.20 | $9.85 | $5.85 | $5.28 | $7.33 | $3.94 | $4.97 | $5.16 | $5.09 | $3.32 | $4.36 | $4.45 | $1.67 |
| Dividend yield | 3.77% | 5.33% | 6.89% | 6.81% | 10.42% | 20.43% | 4.39% | 4.51% | 4.92% | 4.41% | 2.44% | 2.82% | 3.15% | 3.13% | 2.45% | 1.80% | 1.79% | 2.08% | 2.19% |
| Payout | 48.60% | 72.22% | 89.21% | 80.60% | 135.90% | 120.43% | 46.95% | 50.25% | 76.07% | 90.70% | 29.37% | 51.52% | 38.43% | 34.98% | 19.06% | 20.00% | 13.23% | 11.69% | 29.94% |
| Profit margin | 10.14% | 10.30% | 10.66% | 10.89% | 12.76% | 30.45% | 12.69% | 14.44% | 7.41% | 6.92% | 9.99% | 5.73% | 7.88% | 9.23% | 9.84% | 7.37% | 10.72% | 12.01% | 4.57% |
| ROE | 10.78% | 17.47% | 19.86% | 20.01% | 22.16% | 39.80% | 10.78% | 14.31% | 10.66% | 8.91% | 13.20% | 7.67% | 9.26% | 10.24% | 10.66% | 7.75% | 10.78% | 13.73% | 7.53% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+78.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 12.3x |
| 1.2x |
| 5.97% |
| 11.07% |
| $12.15B |
| CNACNA Financial Corp | $49.39 | 10.9x | 1.2x | 7.90% | 11.32% | $13.36B |
| ERIEERIE Indemnity Co | $256.80 | 22.1x | 5.4x | 2.28% | 24.81% | $13.43B |