American Financial AFG
NYSE AFG
$142.60 +0.18 (+0.13%)
At close: Sep 2, 2026 · 4:00 PM EDT

American Financial (AFG) Operating Expenses (2009 - 2026)

American Financial's (AFG) quarterly Operating Expenses came in at $1.6 billion in Q1 2026, down 2.65% YoY from $1.7 billion in Q1 2025, and down 4.1% on a QoQ basis from $1.7 billion in Q4 2025.

Analysis

American Financial (AFG) Operating Expenses (2009 - 2026) Analysis & Trends

American Financial (AFG) has 18 years of Operating Expenses data on file, last reported at $1.6 billion in Q1 2026.

  • Quarterly Operating Expenses fell 2.65% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.1 billion (down 2.76% YoY) and the FY2025 annual result came in at $7.1 billion, down 1.38% from the prior year.
  • Operating Expenses slipped to $1.6 billion in Q1 2026, from $1.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.1 billion in Q3 2024 to a low of $1.2 billion in Q1 2022.
  • A 5-year average of $1.7 billion and a median of $1.7 billion in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses increased 20.56% — and 2025, when it dropped 7.93%.
  • Tracing AFG's Operating Expenses over 5 years: stood at $1.6 billion in 2022, then increased by 10.42% to $1.7 billion in 2023, then grew by 4.63% to $1.8 billion in 2024, then dropped by 7.93% to $1.7 billion in 2025, then decreased by 4.1% to $1.6 billion in 2026.
  • The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.7 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Chubb 131.15 Bn 117.38 Bn 9.13 Bn 12.19 Bn
2 Progressive 128.80 Bn 123.80 Bn 9.04 Bn 19.40 Bn
3 Travelers Companies 76.99 Bn 53.24 Bn 6.23 Bn 9.39 Bn
4 Allstate 66.35 Bn 27.62 Bn 16.28 Bn 14.45 Bn
5 Fairfax Financial Holdings 35.82 Bn 35.82 Bn - -134.80 Mn
6 Cincinnati Financial 26.40 Bn 24.51 Bn 2.39 Bn 2.70 Bn
7 Markel 22.75 Bn 5.86 Bn 2.83 Bn 3.63 Bn
8 Loews 22.37 Bn 67.62 Mn 2.57 Bn 4.12 Bn
9 Assurant 14.04 Bn 12.01 Bn 2.71 Bn 3.08 Bn
10 American Financial 11.82 Bn -6.03 Bn 1.03 Bn 1.71 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.71 Bn
Mar 31, 2026 1.62 Bn
Dec 31, 2025 1.68 Bn
Sep 30, 2025 2.06 Bn
Jun 30, 2025 1.70 Bn
Mar 31, 2025 1.66 Bn
Dec 31, 2024 1.83 Bn
Sep 30, 2024 2.14 Bn
Jun 30, 2024 1.63 Bn
Mar 31, 2024 1.60 Bn
Dec 31, 2023 1.75 Bn
Sep 30, 2023 1.95 Bn
Jun 30, 2023 1.59 Bn
Mar 31, 2023 1.48 Bn
Dec 31, 2022 1.58 Bn
Sep 30, 2022 1.77 Bn
Jun 30, 2022 1.33 Bn
Mar 31, 2022 1.23 Bn
Dec 31, 2021 1.31 Bn
Sep 30, 2021 1.49 Bn