American Financial Group (AFG) vs CNA Financial (CNA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
CNA Financial (CNA) has outperformed American Financial Group (AFG) over the past year, losing 2.2% versus a loss of 5.3%. Over five years, AFG leads with a +4.5% price change compared with +1.1% for CNA. CNA Financial is the larger company by market cap ($12.41 billion vs $11.53 billion), about 1.1 times the size.
On valuation, CNA Financial trades at a lower forward P/E (9.6x vs 11.5x for American Financial Group). CNA Financial offers the higher dividend yield (4.10% vs 2.53%). American Financial Group converts more of its revenue into profit, with a net margin of 10.3% versus 8.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AFG | CNA |
|---|---|---|
| Share price | $139.02 | $45.86 |
| Market cap | $11.53B | $12.41B |
| 1-day change | -0.75% | -0.76% |
| YTD return | +1.71% | -3.94% |
| 1-year return | -5.33% | -2.22% |
| 5-year return | +4.51% | +1.12% |
| P/E ratio (TTM) | 12.15 | 10.10 |
| Forward P/E | 11.49 | 9.55 |
| EPS (TTM) | $11.44 | $4.54 |
| Dividend yield | 2.53% | 4.10% |
| Annual dividend | $3.52 | $1.88 |
| Revenue (latest FY) | $8.17B | $14.99B |
| Revenue growth (YoY) | -1.80% | +5.04% |
| Net income (latest FY) | $842.00M | $1.28B |
| Operating margin | 13.13% | — |
| Net margin | 10.30% | 8.53% |
| 52-week high | $148.71 | $55.71 |
| 52-week low | $123.09 | $41.53 |
| Distance from 52-week high | -6.52% | -17.68% |
| Analyst consensus | buy | none |
| Avg. price target upside | +12.09% | +6.85% |
| Average volume | 384.80K | 491.63K |
| Shares outstanding | 82.92M | 270.60M |
| Employees | 8,500 | 6,600 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CNA Financial offers a meaningfully higher dividend yield (4.10% vs 2.53%).
- CNA Financial grew revenue faster in its latest fiscal year (+5.04% vs -1.80%).
About American Financial Group
AFG stock →American Financial Group, Inc., an insurance holding company, provides property and casualty insurance products in the United States. It operates through Property and Casualty Insurance and Other segments.
Finance · Property-Casualty Insurers · 8,500 employees
About CNA Financial
CNA stock →CNA Financial Corporation, an insurance holding company, primarily provides commercial property and casualty insurance products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. It operates through Specialty, Commercial, International, and Life & Group segments.
Finance · Property-Casualty Insurers · 6,600 employees
AFG vs CNA FAQ
Which is bigger, American Financial Group or CNA Financial?
CNA Financial (CNA) is larger, with a market capitalization of $12.41B compared with $11.53B for American Financial Group (AFG).
Which stock has performed better over the past year, AFG or CNA?
CNA returned -2.22% over the past 12 months, compared with -5.33% for AFG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AFG or CNA?
CNA has the lower trailing P/E at 10.1, versus 12.2 for AFG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, American Financial Group or CNA Financial?
CNA Financial has the higher yield at 4.10%, compared with 2.53% for American Financial Group.
Are American Financial Group and CNA Financial in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.