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AFGD logoAmerican Financial Group, Inc. (AFGD) Earnings History

Annual and quarterly earnings data from 2003 to 2025

TTM Net Income
$842M
Profitable
TTM EPS
$10.10
Diluted
YoY EPS Growth
-4.6%
Slow
Net Margin
10.4%
Profitability
Operating Margin97.7%
Gross Margin45.9%
ROE18.1%
ROA2.7%
Highest Annual Net Income$359.86B (2004)
Highest Quarterly EPS$5117.15 (Q4 2004)
Consecutive Profitable Years22 years
Q4 2025
Net Income$299M
EPS$3.59
QoQ Growth+39.1%Excellent

Loading earnings history...

AFGD EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-4.6%
Slow
3-Year
-1.4%
Slow
5-Year
+4.2%
Solid
10-Year
+9.8%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

AFGD Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202545.9%97.7%10.4%
2024100.0%99.5%11.1%
2023100.0%99.5%11.4%
2022100.0%99.5%13.2%
2021102.7%17.7%21.5%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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American Financial Group, Inc. (AFGD) Earnings Overview

As of May 6, 2026, American Financial Group, Inc. (AFGD) reported trailing twelve-month net income of $842M, reflecting -4.6% year-over-year growth. The company earned $10.10 per diluted share over the past four quarters, with a net profit margin of 10.4%.

Looking at the long-term picture, AFGD's 5-year EPS compound annual growth rate (CAGR) stands at +4.2%, reflecting modest earnings expansion. The company achieved its highest annual net income of $359.86B in fiscal 2004.

American Financial Group, Inc. maintains positive profitability with a gross margin of 45.9%, operating margin of 97.7%, and net margin of 10.4%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including MKL ($1.77B net income, 12.7% margin), RLI ($395M net income, 21.4% margin), HIG ($4.06B net income, 13.6% margin), AFGD has room to improve margins relative to the peer group. Compare AFGD vs MKL →

AFGD Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
AFGD logoAFGDCurrent
$842M$10.1010.4%18.1%-4.6%—
MKL logoMKL
$1.8B$157.8512.7%11.5%-15.1%
RLI logoRLI
$395M$4.2821.4%24.4%+16.6%
HIG logoHIG
$4.1B$14.3713.6%21.7%+28.7%
WRB logoWRB
$1.8B$4.4612.1%19.6%+2.1%
CINF logoCINF
$2.8B$17.6118.9%16.0%+4.4%
Best in group
Lowest in group

AFGD Historical Earnings Data (2003–2025)

22 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$842M-5.1%$7.93B$10.0810.4%97.7%
2024$887M+4.1%$7.97B$10.5711.1%99.5%
2023$852M-5.1%$7.42B$10.0511.4%99.5%
2022$898M-32.9%$6.77B$10.5313.2%99.5%
2021$1.34B+82.9%$1.10B$12.6221.5%17.7%
2020$732M-18.4%$5.53B$8.2113.1%99.2%
2019$897M+69.2%$5.93B$9.8615.0%99.2%
2018$530M+11.6%$728M$5.857.6%10.4%
2017$475M-26.8%$955M$5.297.0%14.0%
2016$649M+84.4%$968M$7.3310.1%15.0%

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Compare AFGD vs BRK-A

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AFGD — Frequently Asked Questions

Quick answers to the most common questions about buying AFGD stock.

Is AFGD growing earnings?

AFGD EPS of $10.10 reflects slowing growth at -4.6%, below the 5-year CAGR of +4.2%. TTM net income is $842M. Expansion rate has moderated.

What are AFGD's profit margins?

American Financial Group, Inc. net margin is +10.4%, with operating margin at +97.7%. Margins sit within typical range for the sector.

How consistent are AFGD's earnings?

AFGD earnings data spans 2003-2025. The current earnings trend is -4.6% YoY. Historical data enables comparison across business cycles.

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AFGD Earnings Over Time (2014–2025)

Net income and EPS trends