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American Financial Group AFG Property and casualty insurance — Goodwill

Discontinued — last reported Q4 '20

Similar metrics at other companies

Arch Capital Group logo
ACGLInsurance — Goodwill and intangible assets
$769M-12.4%
Ally Financial logo
ALLYInsurance operations — Goodwill
$27M0.0%
Arch Capital Group logo
ACGLUnderwriting Segments — Goodwill and intangible assets
$731M-9.1%
Globe Life logo
GLInvestment — Goodwill
$0
Citizens Financial Group logo
CFGConsumer Banking — Goodwill
$2.68B0.0%
Corebridge Financial logo
CRBGLife Insurance — Goodwill

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:Goodwill.

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

Questions, answered.

What does property and casualty insurance — goodwill mean?
The value of intangible assets like brand and customer base from past acquisitions.
How do you interpret property and casualty insurance — goodwill?
A stable or growing balance suggests successful integration of acquisitions, while impairments signal overpayment or declining business value.
How does property and casualty insurance — goodwill compare across companies?
Standard balance sheet item; compared as a percentage of total equity.