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What changed in American Financial Group, Inc.'s latest annual report

In the year ended 31 Dec 2025, American Financial Group, Inc.'s revenue fell 1.8% to USD 8.17bn, from USD 8.32bn; net income fell 5.1% to USD 842.00m, from USD 887.00m; long-term debt rose 23.4% to USD 1.82bn, from USD 1.48bn.

Year ended 31 Dec 2025. Source: 10-K filed 25 Feb 2026, read it on SEC EDGAR.

USD 8.32bn to USD 8.17bn

Revenue, down 1.8% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue8.32bn8.17bnDown 1.8%
Net income887.00m842.00mDown 5.1%
Total assets30.84bn32.64bnUp 5.9%
Total liabilities26.37bn27.82bnUp 5.5%
Long-term debt1.48bn1.82bnUp 23.4%
Cash and cash equivalents1.41bn1.73bnUp 22.8%
Shareholders' equity4.47bn4.82bnUp 7.9%

Questions people ask

Did American Financial Group, Inc.'s revenue grow last year?

Revenue fell 1.8%, from USD 8.32bn to USD 8.17bn in the year ended 31 Dec 2025.

Is American Financial Group, Inc. profitable?

Yes. Net income was USD 842.00m in the year ended 31 Dec 2025. The year before: USD 887.00m.

How much cash and debt does American Financial Group, Inc. have?

At its latest year end (31 Dec 2025), American Financial Group, Inc. reported cash and cash equivalents of USD 1.73bn and long-term debt of USD 1.82bn.

Where do these numbers come from?

From American Financial Group, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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American Financial Group, Inc. (AFG) 10-K: what changed year on year | LYNORIQ Insights