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American Financial Group AFG Annuity — Other operating expenses

Discontinued — last reported Q4 '20

Similar metrics at other companies

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GLAnnuity — Insurance administrative expense
$0
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PRUIndividual Annuities — Other Operating Expenses
$452.75M+2.3%
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GLAnnuity — Parent expense
$0
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GLAnnuity — Benefits, Losses and Expenses
-$1.72M+17.1%
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GLAnnuity — Commissions, premium taxes, and non-deferred acquisition costs
$4K0.0%
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VOYAAnnuities — Supplementary Insurance Information Other Operating Expense

Other financials

Income statement

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Revenue$1.9B-0.1%
Operating income$239.0M+21.3%
Net income$191.0M+24.0%
EPS (diluted)$2.29+24.5%

Balance sheet

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Cash & equivalents$1.4B+6.0%
Total debt$2.0B+19.3%
Total equity$4.7B+6.5%
Total assets$32.4B+6.8%

Cash flow

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Operating cash flow$474.0M+38.6%

Valuation

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Market cap$11.04B-3.6%
Enterprise value$11.72B-1.2%
P/E12.6×-1.8×
P/S1.4×0.0×

Profitability

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Operating margin13.6%+1.4pp
Net margin10.8%+1.1pp

Returns & leverage

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Return on equity19.4%+0.9pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by American Financial Group in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationOtherOperatingExpense.

The official record: American Financial Group’s 10-K, filed February 25, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does annuity — other operating expenses mean?
The general administrative and overhead costs of running the annuity business.
How do you interpret annuity — other operating expenses?
A lower value relative to total assets or revenue indicates better operational efficiency.
How does annuity — other operating expenses compare across companies?
Standard operating expense metric across all financial services.