AFG · American Financial Group Inc
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| AFG's closing common share price | $139.94 | 6/30/26 | — |
| Annualized Return - AFG Consolidated | 3.3% | Six Months Ended 6/30/26 | — |
| Annualized Return - Property & Casualty | 3.3% | Six Months Ended 6/30/26 | — |
| Annualized return on alternative investments | 7.1% | Second quarter 2026 | — |
| Annualized return on equity | 18% | Six Months Ended 6/30/26 | — |
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| Book value per share | $58.14 | 6/30/26 | — |
| Book value per share, excluding AOCI non-GAAP | $59.85 | Six Months Ended 6/30/26 | — |
| Catastrophe losses | 1.8 | Second quarter 2026 | — |
| Combined Ratio | 85.6% | Q2 2026 | — |
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| Combined Ratio – P&C Segment | 91% | Six months ended June 30, 2026 | — |
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| Common shares outstanding | 82.92M | 6/30/26 | — |
| Core net operating earnings non-GAAP | $440M | Six months ended June 30, 2026 | — |
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| Core net operating earnings per share non-GAAP | $5.29 | Six Months Ended 6/30/26 | — |
| Core operating ROE non-GAAP | 19.2% | Second quarter 2026 | — |
| Favorable prior year reserve development | 3.4 | Second quarter 2026 | — |
| Growth in book value per share excluding AOCI plus dividends | 8.1% | Six months ended June 30, 2026 | — |
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| Growth in book value per share plus dividends | 6.3% | Six months ended June 30, 2026 | — |
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| Growth in net written premiums | 6% | Second quarter 2026 | — |
| Market capitalization | $11.6B | 6/30/26 | — |
| Pretax P&C operating income | $350M | Second quarter 2026 | — |
| Price / Book value per share, excluding AOCI | 2.34 | 6/30/26 | — |
| Prior year loss reserve development (favorable) / adverse | -$125M | Six Months Ended 6/30/26 | — |
| Ratio of debt to total capital, excluding AOCI: Excluding subordinated debt | 17.2% | 6/30/26 | — |
| Ratio of debt to total capital, excluding AOCI: Including subordinated debt | 27.1% | 6/30/26 | — |
| Specialty Casualty combined ratio | 95.1% | Six Months Ended 6/30/26 | — |
| Specialty Combined Ratio | 90.9% | Six months ended June 30, 2026 | — |
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| Specialty Financial combined ratio | 82.8% | Six Months Ended 6/30/26 | — |
| Tangible, excluding AOCI | $53.76 | 6/30/26 | — |
| Total current accident year catastrophe losses | $66M | Six Months Ended 6/30/26 | — |
| Underwriting profit | $144M | Second quarter 2026 | — |
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| Capital returned to shareholders | $259M | first quarter | — |
| Core net operating ROE non-GAAP | 17% | first quarter | — |
| Core Operating Earnings Per Share non-GAAP | $2.47 | three months ended March 31 | — |
| P&C net investment income growth excluding alternative investments | 8% | the three months ended March 31, 2026 | — |
| P&C net investment income growth including alternative investments | 1% | the three months ended March 31, 2026 | — |
| P&C Pretax Core Operating Earnings non-GAAP | $309M | three months ended March 31 | — |
| Renewal pricing excluding workers' compensation | 6% | the first quarter | — |
| Renewal pricing including workers' compensation | 3% | the first quarter | — |
| Specialty Financial Group catastrophe losses | $12M | the first quarter of 2026 | — |
| Specialty Financial Group combined ratio | 80% | the first quarter of 2026 | — |
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| Specialty Financial Group gross written premium growth | 6% | the 2026 first quarter | — |
| Specialty Financial Group net written premium growth | 1% | the 2026 first quarter | — |
| Specialty Financial Group renewal pricing | 1% | the first quarter of 2026 | — |
| Specialty Financial Group underwriting profit | $57M | the first quarter of 2026 | — |
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| Specialty P&C combined ratio | 90.3% | first quarter | — |
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| Property and Transportation Group combined ratio | 70.6% | fourth quarter of 2025 | — |
| Property and Transportation Group underwriting profit | $216M | fourth quarter of 2025 | — |
| Specialty Casualty Group combined ratio | 96.7% | fourth quarter of 2025 | — |
| Specialty Casualty Group underwriting profit | $27M | fourth quarter of 2025 | — |
| Specialty P&C gross written premiums | $2.09B | fourth quarter of 2025 | — |
| Specialty P&C net written premiums | $1.44B | fourth quarter of 2025 | — |
| Specialty P&C underwriting profit | $287M | fourth quarter of 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Insurance - Property & Casualty — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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AFG
this stock
American Financial Group Inc
|
$11.91B | +5.1% | -1.8% | 12.5 | 2.0% |
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CB
Chubb Ltd
|
$131.84B | +8.9% | +6.5% | 12.0 | 1.0% |
|
PGR
Progressive Corp/Oh/
|
$127.42B | -4.0% | +16.3% | 11.0 | 1.0% |
|
TKOMY
Tokio Marine Holdings, Inc.
|
$91.55B | +30.3% | — | — | 0.0% |
|
TRV
Travelers Companies, Inc.
|
$77.15B | +27.5% | +5.2% | 9.9 | 2.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AFG | -0.1% | +1.3% | +11.1% | +1.3% | +5.1% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -0.5% | -1.7% | -2.3% | -1.7% | -7.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.