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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — AFG vs ERIE

growth of $100 · dividends reinvested · last 10y
AFG +229.4% (+12.7%/yr)ERIE +200.3% (+11.6%/yr)AFG compounded faster over this window
200400600Start $10020182020202220242026$329$300
AFG ERIE

AFG vs ERIE: by the numbers

  • •AFG is the larger company ($11.48B vs $10.29B market cap).
  • •AFG trades at the lower trailing earnings multiple (12.07 vs 20.30 P/E), one valuation lens rather than an overall verdict.
  • •ERIE converts more revenue to profit (14.00% vs 11.66% net margin).
  • •ERIE grew revenue faster over the past five years (9.88% vs 3.23% CAGR).
  • •AFG pays the higher dividend yield (4.95% vs 2.35%).

Metrics side by side

Valuation

MetricAFGERIE
P/E ratio12.0720.30
Forward P/E11.2017.58
P/S ratio1.412.50
P/B ratio2.384.17

Profitability

MetricAFGERIE
Gross margin17.62%16.53%
Operating margin14.71%17.91%
Net margin11.66%14.00%
ROE19.77%23.39%

Dividends

MetricAFGERIE
Dividend yield4.95%2.35%
Payout ratio61.31%52.39%

Growth (annualized)

MetricAFGERIE
Revenue CAGR (5Y)3.23%9.88%
EPS CAGR (5Y)4.09%13.78%
Total return CAGR (5Y)8.14%8.78%

Frequently asked

Which has the lower trailing P/E, AFG or ERIE?
AFG has the lower trailing P/E: AFG trades at 12.07 and ERIE at 20.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AFG or ERIE?
Over the past five years, ERIE grew revenue faster — AFG at a 3.23% CAGR versus ERIE at 9.88%.
Does AFG or ERIE pay a bigger dividend?
AFG yields 4.95% and ERIE yields 2.35% based on trailing dividends and the latest price.
Is AFG or ERIE more profitable?
ERIE runs the higher net margin — AFG at 11.66% versus ERIE at 14.00%.
How have AFG and ERIE total returns compared?
Over the past 10 years, AFG delivered 12.69% and ERIE delivered 11.85% annualized total return. 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 September 13, 2026.