Is AFG or AX cheaper?

On trailing earnings, AX is cheaper: AFG trades at a 12.89 P/E and AX at 11.58.

Which has grown faster, AFG or AX?

Over the past five years, AX grew revenue faster — AFG at a 3.20% CAGR versus AX at 24.16%.

Does AFG or AX pay a bigger dividend?

AFG pays a dividend (5.11% yield) while AX does not currently pay one.

Is AFG or AX more profitable?

AX runs the higher net margin — AFG at 10.78% versus AX at 22.67%.

Which has been the better investment, AFG or AX?

Over the past 10-year, AX delivered the higher annualized total return — AFG at 12.46% versus AX at 19.23%. Past performance doesn't predict future results.

American Financial Group, Inc. (AFG) vs Axos Financial, Inc. (AX)

AX leads on 11 of 13 compared metrics.

A side-by-side comparison of American Financial Group, Inc. and Axos Financial, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AFG

American Financial Group, Inc.

$11.29B

$135.89Financial Services

Axos Financial, Inc.

$5.42B

$95.34Financial Services

Total return — AFG vs AX

growth of $100 · last 21y

AFG +561.9%AX +1878.0%AX compounded faster

AFG AX

AFG vs AX: by the numbers

•AFG is the larger company ($11.29B vs $5.42B market cap).
•AX trades at the lower earnings multiple (11.58 vs 12.89 P/E).
•AX converts more revenue to profit (22.67% vs 10.78% net margin).
•AX grew revenue faster over the past five years (24.16% vs 3.20% CAGR).
•AFG pays a dividend (5.11% yield) while AX does not currently pay one.

Which is better, AFG or AX?

Metric tally: AFG 2 · AX 11

It depends on what you're optimizing for:

ValueAX(lower P/E)

GrowthAX(faster 5Y revenue CAGR)

QualityAX(higher ROIC)

Metrics side by side

Valuation

Metric	AFG	AX
P/E ratio	12.89	11.58●
Forward P/E	11.65	11.23●
P/S ratio	1.39●	2.62
P/B ratio	2.42	1.80●
PEG ratio	3.20	0.57●

Profitability

Metric	AFG	AX
Gross margin	32.36%	62.42%●
Operating margin	13.68%	30.78%●
Net margin	10.78%	22.67%●
ROE	18.79%●	15.53%
ROIC	9.67%	12.02%●

Dividends

Metric	AFG	AX
Dividend yield	5.11%	—
Payout ratio	69.05%	—

Growth (annualized)

Metric	AFG	AX
Revenue CAGR (5Y)	3.20%	24.16%●
EPS CAGR (5Y)	4.03%	20.39%●
Total return CAGR (5Y)	8.29%	15.04%●

Frequently asked

Which is better, AFG or AX?: It depends on your goal. value: AX (lower P/E); growth: AX (faster 5Y revenue CAGR); quality: AX (higher ROIC). Across all compared metrics, AX leads 11 to 2.
Is AFG or AX cheaper?: On trailing earnings, AX is cheaper: AFG trades at a 12.89 P/E and AX at 11.58.
Which has grown faster, AFG or AX?: Over the past five years, AX grew revenue faster — AFG at a 3.20% CAGR versus AX at 24.16%.
Does AFG or AX pay a bigger dividend?: AFG pays a dividend (5.11% yield) while AX does not currently pay one.
Is AFG or AX more profitable?: AX runs the higher net margin — AFG at 10.78% versus AX at 22.67%.
Which has been the better investment, AFG or AX?: Over the past 10-year, AX delivered the higher annualized total return — AFG at 12.46% versus AX at 19.23%. Past performance doesn't predict future results.

Go deeper

Full AFG analysis Full AX analysis Interactive comparison tool

Dig into the metrics

American Financial P/E ratio Axos Financial P/E ratio American Financial dividend yield Axos Financial dividend yield American Financial ROE Axos Financial ROE American Financial operating margin Axos Financial operating margin American Financial revenue growth Axos Financial revenue growth American Financial free cash flow Axos Financial free cash flow

American Financial & Axos Financial appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 25, 2026.