AFG · American Financial Group Inc
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. AFG reported record Q2 2026 core net operating EPS of $2.82 (up 32% YoY) on a 91.5% specialty P&C combined ratio, 6% net written premium growth, and a 23% YoY rise in P&C net investment income, while announcing the pending sale of Charleston Harbor Resort & Marina for an expected ~$125 million pre-tax core gain expected to close in Q3 2026.
- + Core net operating EPS of $2.82, up 32% YoY, with annualized core operating ROE of 19.2%
- + P&C net investment income up 23% YoY to a new Q2 record, driven by alternative investments
- + Pending sale of Charleston Harbor Resort & Marina expected to add ~$125 million pre-tax core gain (~ $1.20/share) in Q3 2026
- + 44% increase in first-half underwriting profit with renewal pricing up ~5% (ex-workers' comp) and broad-based premium growth
- − California workers' comp, 14% of AFG's workers' comp book, is performing poorly
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 NeutralIllustrative 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 |
|---|---|---|---|
| Combined ratio (Aggregate — including exited lines) | 91.6% | the three months ended June 30, 2026 filing | — |
| Combined ratio (Specialty lines) | 91.5% | the three months ended June 30, 2026 filing | — |
| Core net operating earnings non-GAAP | $234M | the three months ended June 30, 2026 filing | — |
| Core operating earnings before income taxes non-GAAP | $300M | the three months ended June 30, 2026 filing | — |
| Loss and LAE ratio | 58.9% | the three months ended June 30, 2026 filing | — |
| Loss and LAE ratio (Aggregate — including exited lines) | 59% | the three months ended June 30, 2026 filing | — |
| Loss and LAE ratio (Specialty lines) | 58.9% | the three months ended June 30, 2026 filing | — |
| Net written premiums | $1.92B | the three months ended June 30, 2026 filing | — |
| Reinsurance premiums ceded | -$935M | the three months ended June 30, 2026 filing | — |
| Reinsurance premiums ceded (% of GWP) | 33% | the three months ended June 30, 2026 filing | — |
| Underwriting expense ratio | 32.6% | the three months ended June 30, 2026 filing | — |
| Underwriting expense ratio (Aggregate — including exited lines) | 32.6% | the three months ended June 30, 2026 filing | — |
| Underwriting expense ratio (Specialty lines) | 32.6% | the three months ended June 30, 2026 filing | — |
| Underwriting gain | $142M | the three months ended June 30, 2026 filing | — |
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 |
|---|---|---|---|---|---|
|
AFG
this stock
American Financial Group Inc
|
$11.50B | +1.9% | -1.8% | 12.1 | 2.1% |
|
CB
Chubb Ltd
|
$128.80B | +5.9% | +6.5% | 11.8 | 0.9% |
|
PGR
Progressive Corp/Oh/
|
$119.47B | -6.6% | +16.3% | 10.3 | 1.1% |
|
TKOMY
Tokio Marine Holdings, Inc.
|
$100.71B | +34.1% | — | — | 0.0% |
|
TRV
Travelers Companies, Inc.
|
$75.72B | +24.4% | +5.2% | 9.8 | 3.0% |
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 | +0.8% | -2.4% | +6.7% | +1.9% | +1.9% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | -0.4% | -3.0% | -4.9% | +0.3% | -11.7% |
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.