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Intangibles (Net) at other companies

The Travelers Companies logo
The Travelers CompaniesTRV
$100M
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$521M-13.5%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$3.54M0.0%
Axis Capital Holders logo
Axis Capital HoldersAXS
$161.26M-5.6%
Principal Financial Group logo
Principal Financial GroupPFG
$1.26B-1.5%
United Fire Group logo
United Fire GroupUFCS
$3.02M-19.0%

Other financials

Income statement

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Revenue$2.0B+5.5%
Operating income$316.0M+38.0%
Net income$248.0M+42.5%
EPS (diluted)$2.99+44.4%

Balance sheet

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Cash & equivalents$1.4B+13.4%
Total debt$2.0B+19.3%
Total equity$4.8B+6.8%
Total assets$33.0B+7.7%

Cash flow

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Operating cash flow$92.0M-51.8%

Valuation

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Market cap$12.19B+14.3%
Enterprise value$12.78B+15.2%
P/E12.8×-1.2×
P/S1.5×+0.2×

Profitability

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Operating margin14.5%+2.8pp
Net margin11.5%+2.3pp

Returns & leverage

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Return on equity20.4%+3.2pp
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:FiniteLivedIntangibleAssetsNet.

The source filing: American Financial Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 3:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001042046-26-000024

Included in other assets in AFG’s Balance Sheet is $179 million at June 30, 2026 and $189 million at December 31, 2025 of amortizable intangible assets related to acquisitions. These amounts are net of accumulated amortization of $85 million and $75 million, respectively. Amortization of intangibles was $5 million in both the second quarter of 2026 and 2025 and $10 million in both the first six months of 2026 and 2025.

ITEM 1. — FINANCIAL STATEMENTS

FAQ

What is American Financial Group's intangibles (net)?
American Financial Group (AFG) reported intangibles (net) of $179M in Q2 2026.
How has American Financial Group's intangibles (net) changed year-over-year?
American Financial Group's intangibles (net) decreased by 7.3% year-over-year, from $193M to $179M.
What is the long-term trend for American Financial Group's intangibles (net)?
Over 5 years (2020 to 2025), American Financial Group's intangibles (net) has grown at a 40.9% compound annual growth rate (CAGR), from $34M to $189M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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