American Financial Group's core underwriting franchise remains resilient, with a Q2 2026 combined ratio of 84.1% and a 50.2% loss ratio demonstrating strong margin control despite flat revenue growth (-1.26% YoY). The company's balance sheet is conservatively ...
Price trend, volume and key moving averages
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Revenue growth has been flat to slightly negative (-1.26% in Q2 2026), but underwriting profitability remains solid with a combined ratio of 84.1% and a loss ratio of 50.2% in Q2 2026, though the EPS miss of $2.99 vs. $3.50 estimate warrants monitoring.
Analysts project an increase in net written premiums for 2025 and 2026, indicating expected year-over-year growth. The company's annualized core operating return on equity (ROE) reached 19% in Q3 2025, with core net operating earnings up 16% year-over-year.
AFG's Price-to-Earnings (P/E) ratio is 13.04, significantly lower than the market average P/E ratio of approximately 38.28. One analysis suggests AFG is undervalued by 54.5% based on an Excess Returns model.
American Financial Group pays a meaningful dividend with a yield of 2.72%, having increased its dividend for 19 consecutive years. The dividend payout ratio is a healthy 34.96%, indicating sustainability.
Trailing total returns as of 10/25/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 4, 2026 | $2.82+21.6% vs $2.32 | $1.9B+3.3% vs $1.9B |
Q2 2026 Apr 29, 2026 | $2.47-3.1% vs $2.55 | $1.7B-2.2% vs $1.7B |
Q1 2026 Feb 3, 2026 | $3.65+14.8% vs $3.18 | $1.4B-23.9% vs $1.9B |
Q4 2025 Nov 4, 2025 | $2.69+6.7% vs $2.52 | $2.3B+16.5% vs $2.0B |
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies that changed their dividends. Companies with upcoming ex-dividend dates.
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) expects to release its 2026 third quarter results after 5:00 p.m. (ET) on Tuesday, November 3, 2026. The release will be available shortly thereafter on AFG's website at www.AFGinc.com. In conjunction with its release, AFG will hold a conference call to discuss 2026 third quarter results at 11:30 a.m. (ET) on Wednesday, November 4, 2026. There are two ways to access the call. By Telephone Participants should register for th.
Here is how American Financial Group (AFG) and American Tower (AMT) have performed compared to their sector so far this year.
AVNT, OZK and AFG hiked dividends amid market volatility driven by inflation, rising oil prices and geopolitical tensions, offering income-focused investors three stocks to watch.
Benchmark AFG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for American Financial Group, Inc. (AFG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $150.62 | $12.51B | 14.94 | -1.93% | 10.37% | 18.13% | 4.82% | |
| $1870.09 | $23.17B | 11.05 | -0.96% | 13.17% | 12.13% | — | |
| $64.83 | $5.95B | 14.87 | 6.33% | 20.34% | 22.5% | — | |
| $136.76 | $37.49B | 10.27 | 7.1% | 15.03% | 22.99% | — | |
| $73.33 | $27.3B | 16.48 | 7.82% | 12.64% | 19.47% | — | |
| $176.30 | $27.06B | 11.62 | 11.41% | 23.84% | 20.89% | — |
American Financial Group, Inc. (AFG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
American Financial Group, Inc. (AFG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
May 21, 2026·SEC
Apr 30, 2026·SEC
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American Financial Group, Inc. (AFG) stock FAQ — growth, dividends, profitability & financials explained
American Financial Group, Inc. (AFG) saw revenue decline by 1.9% over the past year.
Yes, American Financial Group, Inc. (AFG) is profitable, generating $953.0M in net income for fiscal year 2025 (10.4% net margin).
Yes, American Financial Group, Inc. (AFG) pays a dividend with a yield of 4.82%. This makes it attractive for income-focused investors.
American Financial Group, Inc. (AFG) has a return on equity (ROE) of 18.1%. This is reasonable for most industries.
American Financial Group, Inc. (AFG) has a combined ratio of 86.8%. A ratio below 100% indicates underwriting profitability.
