American Financial Group, Inc. (AFG) vs Erie Indemnity Company (ERIE)

AFG and ERIE are evenly matched — 7 metrics each of 14.

A side-by-side comparison of American Financial Group, Inc. and Erie Indemnity Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AFG vs ERIE

growth of $100 · last 30y
AFG +593.1%ERIE +430.5%AFG compounded faster
05001kStart $100200120062011201620212026$693$530
AFG ERIE

AFG vs ERIE: by the numbers

  • AFG is the larger company ($11.56B vs $11.03B market cap).
  • AFG trades at the lower earnings multiple (13.20 vs 21.96 P/E).
  • ERIE converts more revenue to profit (13.97% vs 10.78% net margin).
  • ERIE grew revenue faster over the past five years (9.91% vs 3.20% CAGR).
  • AFG pays the higher dividend yield (2.53% vs 2.45%).

Which is better, AFG or ERIE?

Metric tally: AFG 7 · ERIE 7

It depends on what you're optimizing for:

ValueAFG(lower P/E)
GrowthERIE(faster 5Y revenue CAGR)
IncomeAFG(higher dividend yield)
QualityERIE(higher ROIC)

Metrics side by side

Valuation

MetricAFGERIE
P/E ratio13.2021.96
Forward P/E11.9318.86
P/S ratio1.423.07
P/B ratio2.485.34
PEG ratio3.281.59

Profitability

MetricAFGERIE
Gross margin46.32%16.12%
Operating margin13.68%17.94%
Net margin10.78%13.97%
ROE18.79%24.28%
ROIC9.67%23.22%

Dividends

MetricAFGERIE
Dividend yield2.53%2.45%
Payout ratio35.02%48.71%

Growth (annualized)

MetricAFGERIE
Revenue CAGR (5Y)3.20%9.91%
EPS CAGR (5Y)4.03%13.78%
Total return CAGR (5Y)8.80%6.21%

Frequently asked

Which is better, AFG or ERIE?
It depends on your goal. value: AFG (lower P/E); growth: ERIE (faster 5Y revenue CAGR); income: AFG (higher dividend yield); quality: ERIE (higher ROIC). Across all compared metrics, they are evenly matched.
Is AFG or ERIE cheaper?
On trailing earnings, AFG is cheaper: AFG trades at a 13.20 P/E and ERIE at 21.96.
Which has grown faster, AFG or ERIE?
Over the past five years, ERIE grew revenue faster — AFG at a 3.20% CAGR versus ERIE at 9.91%.
Does AFG or ERIE pay a bigger dividend?
AFG yields 2.53% and ERIE yields 2.45% based on trailing dividends and the latest price.
Is AFG or ERIE more profitable?
ERIE runs the higher net margin — AFG at 10.78% versus ERIE at 13.97%.
Which has been the better investment, AFG or ERIE?
Over the past 10-year, AFG delivered the higher annualized total return — AFG at 12.73% versus ERIE at 11.87%. Past performance doesn't predict future results.

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 28, 2026.