OverviewSuggest Edit

American Financial Group (also known as AFG) is a company committed to providing insurance products for individuals and businesses. It is engaged primarily in property and casualty insurance focusing on specialized commercial products for businesses and in the sale of traditional fixed and fixed-indexed annuities in the retail, broker-dealer, financial institutions, and registered investment advisor markets. AFG's purpose is to enable individuals and businesses to manage financial risk using insurance products and services tailored to meet their specific risk exposures. 

TypePublic
Founded1872
HQCincinnati, OH, US
Websiteafginc.com
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)7,300(-5%)
Job Openings199
Revenue (FY, 2020)$7.9 B(-3%)
Share Price (Sept 2021)$132.2(+3%)
Cybersecurity ratingBMore

Key People/Management at American Financial Group

Carl H. Lindner

Carl H. Lindner

Co-Chief Executive Officer/Co-President and Director
S. Craig Lindner

S. Craig Lindner

Co-Chief Executive Officer/Co-President and Director
Virginia “Gina” C. Drosos

Virginia “Gina” C. Drosos

Director
Michelle A. Gillis

Michelle A. Gillis

Senior Vice President and Chief Administrative Officer
Vito C. Peraino

Vito C. Peraino

Senior Vice President and General Counsel
Brian S. Hertzman

Brian S. Hertzman

Senior Vice President and Chief Financial Officer
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American Financial Group Office Locations

American Financial Group has an office in Cincinnati
Cincinnati, OH, US (HQ)
301 E 4th St
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American Financial Group Financials and Metrics

American Financial Group Revenue

American Financial Group's revenue was reported to be $7.91 b in FY, 2020 which is a 4% decrease from the previous period.
USD

Revenue (Q2, 2021)

1.5b

Net income (Q2, 2021)

1.0b

EBIT (Q2, 2021)

288.0m

Market capitalization (15-Sept-2021)

11.2b

Closing stock price (15-Sept-2021)

132.2

Cash (30-Jun-2021)

3.4b

EV

9.8b
American Financial Group's current market capitalization is $11.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

7.2b8.2b7.9b

Revenue growth, %

15%(4%)

Operating expense total

6.1b6.7b6.5b

Interest expense

62.0m68.0m88.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

2.0b2.0b2.1b1.3b2.0b2.1b1.5b1.5b

Operating expense total

1.5b1.6b1.8b1.6b1.6b1.8b1.1b77.0m

EBIT

288.0m

EBIT margin, %

19%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.5b2.3b2.8b

Accounts Receivable

5.7b5.7b2.2b

Prepaid Expenses

610.0m678.0m768.0m

Goodwill

207.0m207.0m207.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

2.0b2.4b2.7b1.7b2.7b3.7b1.7b3.4b

Accounts Receivable

5.6b5.5b5.9b5.7b5.7b6.4b5.0b682.0m

Prepaid Expenses

636.0m651.0m781.0m708.0m733.0m862.0m755.0m

Goodwill

207.0m207.0m207.0m207.0m207.0m207.0m176.0m176.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

517.0m869.0m721.0m

Depreciation and Amortization

210.0m259.0m299.0m

Accounts Payable

9.0m62.0m13.0m

Cash From Operating Activities

2.1b2.5b2.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

326.0m535.0m678.0m(304.0m)(137.0m)27.0m419.0m1.4b

Depreciation and Amortization

34.0m72.0m195.0m113.0m79.0m248.0m99.0m137.0m

Accounts Payable

(22.0m)3.0m115.0m(35.0m)(68.0m)163.0m(54.0m)

Cash From Operating Activities

454.0m877.0m1.7b532.0m1.1b1.7b627.0m970.0m
USDFY, 2018

EV/CFO

3.8 x

Revenue/Employee

940.8k

Debt/Equity

0.3 x

Financial Leverage

12.8 x

P/E Ratio

15.5
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American Financial Group Operating Metrics

American Financial Group's Reported Claims, units was reported to be 364.4 k in FY, 2020.
FY, 2018FY, 2019FY, 2020

Business Niches

303435

Reported Claims, units

410.84 k450.15 k364.44 k
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American Financial Group Acquisitions / Subsidiaries

Company NameDateDeal Size
ABA Insurance ServicesOctober 11, 2018$28 m
National Interstate CorporationNovember 10, 2016
Summit Holding SoutheastOctober 09, 2014
Neon Underwriting Ltd.December 18, 2007
Strategic Comp Holdings LLCDecember 07, 2007
Farmers Crop Insurance AllianceSeptember 21, 2005
Manhattan National Life Insurance Co.June 28, 2002
Worldwide Insurance Co.April 01, 1999
ABA Insurance Services, Inc.
American Empire Insurance Company
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American Financial Group Revenue Breakdown

Embed Graph

American Financial Group revenue breakdown by business segment: 71.7% from P&C, 24.8% from Annuity and 3.5% from Other

American Financial Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

American Financial Group Online and Social Media Presence

Embed Graph

American Financial Group Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    88/100

  • Compensation

    B-

    71/100

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American Financial Group Blogs

American Financial Group, Inc. Management to Participate in the 2021 Keefe, Bruyette & Woods Virtual Insurance Conference

CINCINNATI --(BUSINESS WIRE)--Aug. 27, 2021-- American Financial Group, Inc. (NYSE: AFG) announced today that Carl H. Lindner III and S. Craig Lindner , Co-Chief Executive Officers, and Brian S. Hertzman , Senior Vice President & Chief Financial Officer, will participate in the 2021 Keefe, Bruye…

American Financial Group, Inc. Increases Annual Common Stock Dividend by 12%; Sixteenth Consecutive Year of Dividend Increases

CINCINNATI --(BUSINESS WIRE)--Aug. 20, 2021-- American Financial Group, Inc. (NYSE: AFG) announced that its Board of Directors has approved an increase in the Company’s regular annual dividend to $2.24 from $2.00 per share of common stock. The increased dividend, when declared, will be paid on a

American Financial Group, Inc. Announces Its Conference Call and Webcast to Discuss 2021 Second Quarter Results

American Financial Group, Inc. Announces Its Conference Call and Webcast to Discuss 2021 Second Quarter Results Content Import Tue, 07/13/2021 - 16:18 American Financial Group, Inc. Announces Its Conference Call and Webcast to Discuss 2021 Second Quarter Results July 13, 202…

American Financial Group, Inc. Announces Closing of the Sale of its Annuity Businesses and Declares Special Dividend

American Financial Group, Inc. Announces Closing of the Sale of its Annuity Businesses and Declares Special Dividend Content Import Fri, 05/28/2021 - 17:01 American Financial Group, Inc. Announces Closing of the Sale of its Annuity Businesses and Declares Special Dividend Ma…

American Financial Group, Inc. Announces Regulatory Approval for the Sale of Its Annuity Business

CINCINNATI --(BUSINESS WIRE)--May 20, 2021-- American Financial Group, Inc. (NYSE: AFG) announced today that the Ohio Department of Insurance has approved the sale of its Annuity businesses, consisting of Great American Life Insurance Company (GALIC) and its two insurance subsidiaries, Annuity

American Financial Group, Inc. Announces Intention to Declare Special Dividend

American Financial Group, Inc. Announces Intention to Declare Special Dividend Content Import Wed, 05/19/2021 - 17:16 American Financial Group, Inc. Announces Intention to Declare Special Dividend May 19, 2021 This release is a backfill from a News Wire …
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American Financial Group Frequently Asked Questions

  • When was American Financial Group founded?

    American Financial Group was founded in 1872.

  • Who are American Financial Group key executives?

    American Financial Group's key executives are Carl H. Lindner, S. Craig Lindner and Virginia “Gina” C. Drosos.

  • How many employees does American Financial Group have?

    American Financial Group has 7,300 employees.

  • What is American Financial Group revenue?

    Latest American Financial Group annual revenue is $7.9 b.

  • What is American Financial Group revenue per employee?

    Latest American Financial Group revenue per employee is $1.1 m.

  • Who are American Financial Group competitors?

    Competitors of American Financial Group include 1st Source, Cincinnati Financial Corporation and Allstate.

  • Where is American Financial Group headquarters?

    American Financial Group headquarters is located at 301 E 4th St, Cincinnati.

  • Where are American Financial Group offices?

    American Financial Group has an office in Cincinnati.

  • How many offices does American Financial Group have?

    American Financial Group has 1 office.