American Financial Group (AFG) vs W.R. Berkley (WRB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
American Financial Group (AFG) has outperformed W.R. Berkley (WRB) over the past year, losing 3.6% versus a loss of 7.4%. Over five years, WRB leads with a +108.4% price change compared with +6.7% for AFG. W.R. Berkley is the larger company by market cap ($26.75 billion vs $11.71 billion), about 2.3 times the size.
On valuation, American Financial Group trades at a lower forward P/E (11.7x vs 14.7x for W.R. Berkley). American Financial Group offers the higher dividend yield (2.49% vs 0.51%). W.R. Berkley converts more of its revenue into profit, with a net margin of 12.1% versus 10.3%.
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 | WRB |
|---|---|---|
| Share price | $141.23 | $72.06 |
| Market cap | $11.71B | $26.75B |
| 1-day change | -0.53% | +0.01% |
| YTD return | +3.88% | +2.75% |
| 1-year return | -3.61% | -7.44% |
| 5-year return | +6.74% | +108.42% |
| P/E ratio (TTM) | 12.35 | 14.80 |
| Forward P/E | 11.68 | 14.75 |
| EPS (TTM) | $11.44 | $4.87 |
| Dividend yield | 2.49% | 0.51% |
| Annual dividend | $3.52 | $0.37 |
| Revenue (latest FY) | $8.17B | $14.71B |
| Revenue growth (YoY) | -1.80% | +7.84% |
| Net income (latest FY) | $842.00M | $1.78B |
| Operating margin | 13.13% | — |
| Net margin | 10.30% | 12.10% |
| 52-week high | $148.71 | $78.96 |
| 52-week low | $123.09 | $62.87 |
| Distance from 52-week high | -5.03% | -8.74% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +10.34% | -4.16% |
| Average volume | 378.57K | 2.50M |
| Shares outstanding | 82.92M | 371.23M |
| Employees | 8,500 | 8,804 |
| 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
- W.R. Berkley is about 2.3 times larger than American Financial Group by market value ($26.75B vs $11.71B).
- American Financial Group offers a meaningfully higher dividend yield (2.49% vs 0.51%).
- W.R. Berkley grew revenue faster in its latest fiscal year (+7.84% 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 W.R. Berkley
WRB stock →W. R.
Finance · Property-Casualty Insurers · 8,804 employees
AFG vs WRB FAQ
Which is bigger, American Financial Group or W.R. Berkley?
W.R. Berkley (WRB) is larger, with a market capitalization of $26.75B compared with $11.71B for American Financial Group (AFG).
Which stock has performed better over the past year, AFG or WRB?
AFG returned -3.61% over the past 12 months, compared with -7.44% for WRB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AFG or WRB?
AFG has the lower trailing P/E at 12.3, versus 14.8 for WRB. 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 W.R. Berkley?
American Financial Group has the higher yield at 2.49%, compared with 0.51% for W.R. Berkley.
Are American Financial Group and W.R. Berkley in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.