American Financial Group Cash Flow Statement
NYSE: AFGFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
American Financial Group free cash flow
In fiscal 2025, American Financial Group generated $1.53 billion of operating cash flow. That left free cash flow of $1.53 billion, a free-cash-flow margin of 18.8% of revenue. Free cash flow was up 33.1% from the prior year's $1.15 billion.
American Financial Group returned $705.0 million to shareholders: $606.0 million in dividends and $99.0 million in share repurchases, equal to 46% of free cash flow. Free cash flow covered dividend payments 2.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
American Financial Group cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 842.00M | 887.00M | 852.00M | 898.00M | 2.00B | 721.00M | 869.00M | 517.00M | 477.00M | 668.00M |
| Net Income growth (YoY) | -5.07% | +4.11% | -5.12% | -54.99% | +176.70% | -17.03% | +68.09% | +8.39% | -28.59% | +80.54% |
| Depreciation & Amortization | 86.00M | 81.00M | 78.00M | 100.00M | 187.00M | 299.00M | 259.00M | 210.00M | 107.00M | 134.00M |
| Stock-Based Compensation | 18.00M | 18.00M | 18.00M | 19.00M | 16.00M | 20.00M | 23.00M | 23.00M | 30.00M | 28.00M |
| Change in Working Capital | 106.00M | -143.00M | 53.00M | -207.00M | 274.00M | 67.00M | 110.00M | -44.00M | -5.00M | -202.00M |
| Operating Cash Flow | 1.53B | 1.15B | 1.97B | 1.15B | 1.71B | 2.18B | 2.46B | 2.08B | 1.80B | 1.15B |
| Investing Cash Flow | -835.00M | 95.00M | 414.00M | -1.05B | -436.00M | -1.56B | -3.06B | -5.35B | -3.29B | -2.98B |
| Dividends Paid | -606.00M | -788.00M | -684.00M | -1.21B | -2.37B | -334.00M | -444.00M | -394.00M | -417.00M | -185.00M |
| Share Repurchases | -99.00M | 0 | -213.00M | -11.00M | -319.00M | -313.00M | 0 | -6.00M | 0 | -133.00M |
| Debt Issued | 344.00M | 0 | 0 | 0 | 0 | 634.00M | 315.00M | 0 | 712.00M | 302.00M |
| Debt Repaid | 0 | 0 | -21.00M | -477.00M | 0 | -150.00M | -150.00M | 0 | -745.00M | -18.00M |
| Financing Cash Flow | -377.00M | -1.07B | -2.03B | -1.36B | -1.96B | -123.00M | 1.41B | 2.44B | 1.72B | 2.72B |
| Net Change in Cash | 321.00M | 181.00M | 353.00M | -1.26B | -679.00M | 496.00M | 799.00M | -823.00M | 231.00M | 887.00M |
| Free Cash Flow | 1.53B | 1.15B | 1.97B | 1.15B | 1.71B | 2.18B | 2.46B | 2.08B | 1.80B | 1.15B |
This table shows 10 annual periods of American Financial Group's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow AFG's reporting calendar. What is a cash flow statement?