American Financial (AFG) Net Margin (2009 - 2026)
American Financial's Net Margin came in at 12.22% for Q2 2026, up 3.17 percentage points from 9.04% a year earlier and up 1.91 percentage points from the prior quarter.
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Analysis
American Financial (AFG) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, American Financial reported Net Margin of 11.51%, up 2.31 percentage points year-over-year; for FY2025, it came in at 10.30%, down 0.35 percentage points from FY2024.
- Net Margin has declined in each of the last four years, with a five-year change of -2.39 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 10.66% in FY2024 (-0.23 pp), 10.89% in FY2023 (-1.87 pp), 12.76% in FY2022 (-17.69 pp) and 30.45% in FY2021 (+17.76 pp).
- The five-year range for quarterly Net Margin is 7.64% (Q3 2024) to 20.19% (Q4 2021).
- Year-over-year, Net Margin has increased for four consecutive quarters, with an average year-over-year change of +0.22 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q2 2026 (a gain of 3.17 percentage points), and the weakest in Q2 2022 (a drop of 54.60 percentage points).
- Business Quant data shows AFG's Net Margin at 10.30% (Q1 2026), 14.49% (Q4 2025) and 9.22% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 25.21% |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 18.05% |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 14.02% |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 17.10% |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 18.17% |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | 10.52% |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 3.68% |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 8.09% |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 17.43% |
| 10 | American Financial | 11.45 Bn | 1.98 Bn | 1.03 Bn | 12.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.22% |
| Mar 31, 2026 | 10.30% |
| Dec 31, 2025 | 14.49% |
| Sep 30, 2025 | 9.22% |
| Jun 30, 2025 | 9.04% |
| Mar 31, 2025 | 8.30% |
| Dec 31, 2024 | 11.87% |
| Sep 30, 2024 | 7.64% |
| Jun 30, 2024 | 11.00% |
| Mar 31, 2024 | 12.70% |
| Dec 31, 2023 | 12.63% |
| Sep 30, 2023 | 8.18% |
| Jun 30, 2023 | 10.87% |
| Mar 31, 2023 | 12.18% |
| Dec 31, 2022 | 14.31% |
| Sep 30, 2022 | 8.32% |
| Jun 30, 2022 | 10.85% |
| Mar 31, 2022 | 18.26% |
| Dec 31, 2021 | 20.19% |
| Sep 30, 2021 | 12.49% |
API Access
American Financial Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=AFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "AFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=AFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();