American Financial (AFG)

Financial Services · Insurance - Property & Casualty
$139.07 -0.71% on the day Market cap $11.7B 52-week range $123.09 to $148.99 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

American Financial's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

C

Five factors scored 1 to 9 from AFG's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation7
Profitability6
Growth6
Financial health1

Key numbers

P/E (trailing)13.4x
P/E (forward)12.1x
Price / free cash flow8.38x
EV / EBITDA0.00x
Price / sales1.42x
Price / book2.45x
Revenue growth+5.5%
Operating margin14.5%
Net margin11.5%
Return on equity19.8%
Dividend yield2.5%
Debt / equity5.85x

Results from SEC filings

Fiscal years, from American Financial's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$6.6B$7.0B$7.8B$8.3B$8.2B
Net income$2.0B$898M$852M$887M$842M
Free cash flow—————
EPS (diluted)$23.30$10.53$10.05$10.57$10.08
Operating margin20.4%16.0%13.7%13.5%13.1%

Superinvestors who own AFG

From each investor's latest 13F filing (what a 13F shows). 2 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $200M0.07%Q2 2026
Joel Greenblatt
Gotham Asset Management
Trimmed $31M0.07%Q2 2026

Insider buying

Open-market purchases by American Financial's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Mar 23, 2026 Ro Khanna
0$127.42—
Mar 23, 2026 Ro Khanna
0$127.42—
Feb 24, 2026 Ro Khanna
0$130.83—
Feb 24, 2026 Ro Khanna
0$130.83—

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are American Financial insiders buying the stock?

4 open-market insider purchases of AFG in the last 12 months, from SEC Form 4 filings.

Which superinvestors own American Financial?

2 of the superinvestors Investingly tracks hold AFG in their latest 13F, including Cliff Asness, Joel Greenblatt.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.