Buyback yield (TTM)
0.95%
Shareholder yield (TTM)
6.32%
5Y share count change
-6.4%
Buyback spend (TTM)
$101.00M
Cumulative buybacks
$4.17B
Key takeaways
- American Financial Group (AFG) repurchased about $101.00M of stock over the trailing twelve months.
- Diluted share count is down 6.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 25.25× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -20.6% per year over the latest 5-year window.
- TTM repurchases used about 10% of free cash flow remaining after dividends.
Dividend & buyback yield over time for American Financial Group (AFG)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for American Financial Group (AFG)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for American Financial Group (AFG)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for American Financial Group (AFG)
Latest: $99.00M
Overview
The 2025 reading of American Financial Group (AFG) buyback spend is $99.00M.
Through 2020–2025 (5 years), American Financial Group buyback spend delivered a -20.6% annualised rate; with a net decline across the window.
American Financial Group buyback spend peaked at $415.00M in 2012; the latest annual figure is $99.00M in 2025 (76.1% below peak).
2012 marks the peak buyback spend at $415.00M, with the historical low of $0.00 recorded in 1992.
American Financial Group Buyback Spend 2025: $99.00M
American Financial Group buyback spend in 2025 was $99.00M.
American Financial Group Buyback Spend 2024: $0.00
American Financial Group posted buyback spend of $0.00 in 2024, plunged 100.0% below 2023.
American Financial Group Buyback Spend 2023: $213.00M
In 2023, American Financial Group reported buyback spend of $213.00M, surged 1836.4% from 2022.
American Financial Group Buyback Spend 2022: $11.00M
American Financial Group buyback spend in 2022 was $11.00M, plunged 96.6% below 2021.
American Financial Group Buyback Spend 2021: $319.00M
American Financial Group buyback spend in 2021 was $319.00M.
See more financial history for American Financial Group (AFG).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $99.00M | $0.00 | $99.00M | 0.86% | 0.08B | -0.5% | |
| 2024 | $0.00 | $0.00 | $0.00 | — | 0.08B | -1.1% | |
| 2023 | $213.00M | $0.00 | $213.00M | 2.14% | 0.08B | -0.6% | |
| 2022 | $11.00M | $19.00M | −$8.00M | 0.09% | 0.09B | -0.4% | |
| 2021 | $319.00M | $16.00M | $303.00M | 2.74% | 0.09B | -4.0% | |
| 2020 | $313.00M | $20.00M | $293.00M | 4.14% | 0.09B | -2.0% | |
| 2019 | $0.00 | $23.00M | −$23.00M | — | 0.09B | +0.4% | |
| 2018 | $6.00M | $23.00M | −$17.00M | 0.07% | 0.09B | +0.9% | |
| 2017 | $0.00 | $30.00M | −$30.00M | — | 0.09B | +1.5% | |
| 2016 | $133.00M | $28.00M | $105.00M | 1.73% | 0.09B | -1.0% | |
| 2015 | $126.00M | $27.00M | $99.00M | 2.00% | 0.09B | -1.8% | |
| 2014 | $191.00M | $25.00M | $166.00M | 3.59% | 0.09B | -0.2% | |
| 2013 | $70.00M | $36.00M | $34.00M | 1.36% | 0.09B | -4.9% | |
| 2012 | $415.00M | $0.00 | $415.00M | 11.80% | 0.10B | -6.8% | |
| 2011 | $315.00M | $0.00 | $315.00M | 8.79% | 0.10B | -6.9% | |
| 2010 | $292.00M | $0.00 | $292.00M | 8.74% | 0.11B | -5.4% | |
| 2009 | $81.00M | $0.00 | $81.00M | 2.92% | 0.12B | +0.1% | |
| 2008 | $47.40M | $0.00 | $47.40M | 1.79% | 0.12B | -5.3% | |
| 2007 | $199.10M | $0.00 | $199.10M | 6.07% | 0.12B | +2.2% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 0.12B | +2.3% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.12B | +5.0% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.11B | +4.9% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.11B | +3.1% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.10B | +1.4% | |
| 2001 | $75.00M | $0.00 | $75.00M | 4.46% | 0.10B | +15.7% | |
| 2000 | $2.48M | $0.00 | $2.48M | — | 0.09B | -2.1% | |
| 1999 | $94.11M | $0.00 | $94.11M | — | 0.09B | -3.2% | |
| 1998 | $20.65M | $0.00 | $20.65M | — | 0.09B | +2.2% | |
| 1997 | $341.30M | $0.00 | $341.30M | — | 0.09B | -1.1% | |
| 1996 | $45.50M | $0.00 | $45.50M | — | 0.09B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $47.70M | $0.00 | $47.70M | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $142.70M | $0.00 | $142.70M | — | — | — | |
| 1990 | $321.30M | $0.00 | $321.30M | — | — | — | |
| 1989 | $149.20M | $0.00 | $149.20M | — | — | — | |
| 1988 | $17.60M | $0.00 | $17.60M | — | — | — | |
| 1987 | $25.70M | $0.00 | $25.70M | — | — | — | |
| 1986 | $53.80M | $0.00 | $53.80M | — | — | — |
- 2025$99.00M
- 2024$0.00
- 2023$213.00M
- 2022$11.00M
- 2021$319.00M
- 2020$313.00M
- 2019$0.00
- 2018$6.00M
- 2017$0.00
- 2016$133.00M
- 2015$126.00M
- 2014$191.00M
- 2013$70.00M
- 2012$415.00M
- 2011$315.00M
- 2010$292.00M
- 2009$81.00M
- 2008$47.40M
- 2007$199.10M
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$75.00M
- 2000$2.48M
- 1999$94.11M
- 1998$20.65M
- 1997$341.30M
- 1996$45.50M
- 1995$0.00
- 1994$47.70M
- 1993$0.00
- 1992$0.00
- 1991$142.70M
- 1990$321.30M
- 1989$149.20M
- 1988$17.60M
- 1987$25.70M
- 1986$53.80M
Buybacks vs stock-based compensation for American Financial Group (AFG)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 25.25×.
Buybacks vs dividends (share of cash returned) for American Financial Group (AFG)
How American Financial Group splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as American Financial Group, ranked by their latest buyback spend.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.00B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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