Market cap
$11.8bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
AFG reported net earnings of $248 million ($2.99 per share, diluted) for the second quarter of 2026 compared to $174 million ($2.07 per share, diluted) for the second quarter of 2025 and $439 million ($5.28 per share, diluted) for the first six months of 2026 compared to $328 million ($3.92 per share, diluted) for the first six months of 2025. Excluding the activity of the managed investment entities, investing activities were a $352 million use of cash in the first six months of 2026 compared to $274 million in the first six months of 2025, an increase of $78 million reflecting the investment of cash provided by operations, primarily in fixed maturity investments. …AMERICAN FINANCIAL GROUP INC, 10-Q, period ended 2026-06-30, filed 2026-08-06