American Financial (AFG) Operating Expenses (2009 - 2026)
American Financial (AFG) posted Operating Expenses of $1.6 billion for Q1 2026, down 4.1% quarter-over-quarter from $1.7 billion in Q4 2025, and down 2.65% year-on-year from $1.7 billion in Q1 2025.
American Financial (AFG) Operating Expenses (2009 - 2026) Analysis & Trends
American Financial (AFG) has reported Operating Expenses for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.6 billion, down 2.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.1 billion (down 2.76% YoY), and the FY2025 annual result was $7.1 billion, down 1.38% from the prior year.
- Operating Expenses was $1.6 billion for Q1 2026 at American Financial, down from $1.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $2.1 billion in Q3 2024 and troughed at $1.2 billion in Q1 2022.
- Average Operating Expenses over 5 years is $1.7 billion, with a median of $1.7 billion recorded in 2025.
- Year-over-year, Operating Expenses gained 20.56% in 2022 and fell 7.93% in 2025.
- Over 5 years, Operating Expenses stood at $1.6 billion in 2022, then advanced by 10.42% to $1.7 billion in 2023, then gained by 4.63% to $1.8 billion in 2024, then retreated by 7.93% to $1.7 billion in 2025, then declined by 4.1% to $1.6 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.6 billion in Q1 2026, $1.7 billion in Q4 2025, and $2.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 3.10 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | 18.62 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 11.78 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 2.54 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 9.81 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 13.83 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | -108.20 Mn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 4.09 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 17.90 Mn |
| 10 | American Financial | 11.72 Bn | 9.61 Bn | 948.00 Mn | 1.62 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.24 Bn |