American Financial (AFGD) Operating Expenses (2009 - 2026)
American Financial (AFGD) reported Operating Expenses of $1.6 billion for Q1 2026, down 2.65% on a YoY basis from $1.7 billion in Q1 2025, and down 4.1% quarter-over-quarter from $1.7 billion in Q4 2025.
American Financial (AFGD) Operating Expenses (2009 - 2026) Analysis & Trends
American Financial has reported Operating Expenses for 18 years, with the latest figure at $1.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 2.65% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $7.1 billion (down 2.76% YoY), and the FY2025 full-year result was $7.1 billion, down 1.38% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.6 billion, down from $1.7 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.1 billion in Q3 2024, with the low at $1.2 billion in Q1 2022.
- Historically, Operating Expenses has averaged $1.7 billion across 5 years, with a median of $1.7 billion in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses increased 20.56% — and 2025, when it dropped 7.93%.
- American Financial's Operating Expenses 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.78 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 18.62 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 9.81 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 13.83 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 3.07 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 2.54 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 3.10 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 4.09 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 3.08 Bn |
| 10 | American Financial | - | - | 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 |