What does other — businesses disposed mean?

The financial impact related to business units that have been sold or shut down.

How do you interpret other — businesses disposed?

Changes reflect the strategic pruning of the business portfolio, with gains or losses indicating the effectiveness of divestiture execution.

How does other — businesses disposed compare across companies?

Reported as 'Discontinued operations' or 'Divestiture-related charges' by most diversified financial firms.

American Financial Group AFG Other — Businesses disposed

Discontinued — last reported Q4 '20

Similar metrics at other companies

MCOMA — Decreases due to divestiture during the period (2)

-$6.5M—

BALLNon Reportable Segments And Other Business Activities — Disposal Group Not Discontinued Operations Gain Loss On Disposal Adjustment

-$3M—

AWK

AWKMarket Based Businesses — Income Loss From Discontinued Operations Net Of Tax

-175,000,000%—

DOWCorporate Segment — Disposal Group, Including Discontinued Operation, Investment

$11M—

BWAServices — Discontinued operation, services

$1M—

CRBGCorporate & Other — Dispositions

——

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 afg:ReinsuranceRecoverableAllowanceForCreditLossBusinessesDisposed.

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

Questions, answered.

What does other — businesses disposed mean?: The financial impact related to business units that have been sold or shut down.
How do you interpret other — businesses disposed?: Changes reflect the strategic pruning of the business portfolio, with gains or losses indicating the effectiveness of divestiture execution.
How does other — businesses disposed compare across companies?: Reported as 'Discontinued operations' or 'Divestiture-related charges' by most diversified financial firms.