How American Financial Group (AFG) Makes Money: A Visual Guide
American Financial Group (AFG) generated $8.15B in revenue, earning $879.00M in net profit (10.8% margin). Its largest revenue source is Property and Casualty Insurance (95.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
In TTM through Q1 2026, American Financial Group (AFG) generated revenue across 2 reportable product segments; the largest contributor was Property and Casualty Insurance at 95.5%, followed by Corporate and Other (4.5%).
American Financial Group (AFG) Income Statement Flow — TTM through Q1 2026
Calculated from the four most recent reported quarters, ending (reported ).
American Financial Group (AFG) Revenue by Product Segment — TTM through Q1 2026
Revenue contribution by product segment for American Financial Group (AFG) in TTM through Q1 2026.
Property and Casualty Insurance
- Revenue
- $7.78B
- % of total
- 95.5%
Corporate and Other
- Revenue
- $369.59M
- % of total
- 4.5%
Total
- Revenue
- $8.15B
- % of total
- 100%
| Segment | Revenue | % of total |
|---|---|---|
| Property and Casualty Insurance | $7.78B | 95.5% |
| Corporate and Other | $369.59M | 4.5% |
| Total | $8.15B | 100% |
Frequently asked questions
How does American Financial Group (AFG) make money?
American Financial Group (AFG) primarily makes money through Property and Casualty Insurance, which accounts for 95.5% of total revenue. For TTM through Q1 2026, American Financial Group generated $8.15B in total revenue with a net profit margin of 10.8%.
What is American Financial Group (AFG) gross profit margin?
American Financial Group (AFG) reported a gross profit margin of 32.4% for TTM through Q1 2026, equivalent to $2.64B in gross profit. This means American Financial Group retains 32.4% of each revenue unit after direct costs of production.
What is American Financial Group (AFG) operating profit margin?
American Financial Group (AFG) reported an operating profit margin of 13.7% for TTM through Q1 2026, equivalent to $1.11B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is American Financial Group (AFG) net profit margin?
American Financial Group (AFG) reported a net profit margin of 10.8% for TTM through Q1 2026, equivalent to $879.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does American Financial Group (AFG) spend on capital expenditures?
American Financial Group (AFG) spent $94.00M on capital expenditures in TTM through Q1 2026 (1.2% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is American Financial Group (AFG) free cash flow?
American Financial Group (AFG) generated $1.57B in free cash flow for TTM through Q1 2026 (19.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is American Financial Group (AFG) effective tax rate?
American Financial Group (AFG) had an effective tax rate of 21.2% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.
What are American Financial Group (AFG) main revenue segments?
American Financial Group (AFG) reports revenue across 2 reportable product segments, led by Property and Casualty Insurance at 95.5% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.
Data & methodology
What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?
Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?
Based on company filings through TTM through Q1 2026.
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