American Financial Group, Inc. (AFGD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AFGD Revenue Growth
Revenue Breakdown (FY 2025)
AFGD's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
AFGD Revenue Analysis (2014–2025)
As of May 6, 2026, American Financial Group, Inc. (AFGD) generated trailing twelve-month (TTM) revenue of $7.99 billion, reflecting slight decline in growth of -3.5% year-over-year. The most recent quarter (Q4 2025) recorded $2.06 billion in revenue, down 9.1% sequentially.
Looking at the longer-term picture, AFGD's 5-year compound annual growth rate (CAGR) stands at +7.8%, indicating steady revenue expansion. The company achieved its highest annual revenue of $8.12 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows AFGD's business is primarily driven by Property and Casualty Insurance (95%), and Corporate and Other (5%). With over half of revenue concentrated in Property and Casualty Insurance, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including MKL (+7.7% YoY), RLI (+9.5% YoY), and HIG (+7.3% YoY), AFGD has underperformed the peer group in terms of revenue growth. Compare AFGD vs MKL →
AFGD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AFGDCurrent | $8.0B | -3.5% | +7.8% | 97.7% | |
 MKL | $16.6B | +7.7% | +11.5% | 16.5% | |
 RLI | $1.9B | +9.5% | +13.8% | 27.5% | |
 HIG | $28.3B | +7.3% | +6.8% | 16.8% | |
 WRB | $14.7B | +7.8% | +12.7% | 15.9% | |
 CINF | $12.6B | +17.8% | +10.9% | 23.6% |
AFGD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.12B | +1.3% | $3.73B | 45.9% | $7.93B | 97.7% |
| 2024 | $8.01B | +7.5% | $8.01B | 100.0% | $7.97B | 99.5% |
| 2023 | $7.45B | +9.4% | $7.45B | 100.0% | $7.42B | 99.5% |
| 2022 | $6.81B | +9.4% | $6.81B | 100.0% | $6.77B | 99.5% |
| 2021 | $6.23B | +11.6% | $6.39B | 102.7% | $1.10B | 17.7% |
| 2020 | $5.58B | -6.6% | $5.58B | 100.0% | $5.53B | 99.2% |
| 2019 | $5.97B | -14.5% | $5.97B | 100.0% | $5.93B | 99.2% |
| 2018 | $6.99B | +2.8% | $7.15B | 102.3% | $728.0M | 10.4% |
| 2017 | $6.80B | +5.4% | $6.87B | 100.9% | $955.0M | 14.0% |
| 2016 | $6.45B | +2.8% | $6.50B | 100.7% | $968.0M | 15.0% |
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Start ComparisonAFGD — Frequently Asked Questions
Quick answers to the most common questions about buying AFGD stock.
Is AFGD's revenue growth accelerating or slowing?
AFGD revenue growth slowed to -3.5%, below the 5-year CAGR of +7.8%. TTM revenue is $8.0B. The deceleration marks a shift from historical growth rates.
What is AFGD's long-term revenue growth rate?
American Financial Group, Inc.'s 5-year revenue CAGR of +7.8% reflects the variable expansion pattern. Current YoY growth of -3.5% is near this long-term average.
How is AFGD's revenue distributed by segment?
AFGD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.