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American Financial Group AFG Benefits, Losses and Expenses

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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:BenefitsLossesAndExpenses.

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
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Interest charges on borrowed money24194738
Expenses of managed investment entities5860116128
Other expenses7275144152
Total costs and expenses1,7141,6953,3293,354
Earnings before income taxes316229555426
Provision for income taxes685511698
Net Earnings$248$174$439$328
Earnings per Common Share:

ITEM 1. — FINANCIAL STATEMENTS

FAQ

What is American Financial Group's benefits, losses and expenses?
American Financial Group (AFG) reported benefits, losses and expenses of $1.71B in Q2 2026.
How has American Financial Group's benefits, losses and expenses changed year-over-year?
American Financial Group's benefits, losses and expenses increased by 1.1% year-over-year, from $1.7B to $1.71B.
What is the long-term trend for American Financial Group's benefits, losses and expenses?
Over 4 years (2021 to 2025), American Financial Group's benefits, losses and expenses has grown at a 8.0% compound annual growth rate (CAGR), from $5.22B to $7.1B.
What does benefits, losses and expenses mean?
This represents the aggregate of all insurance-related claims, policyholder benefits, and associated operational expenses. It is a primary measure of the cost of providing insurance and annuity products to customers.

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