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AFGAmerican Financial Group, Inc.

Debt to Assets Ratio: 7.04%

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Is the debt to assets ratio high or low?

The debt to assets ratio of 7.04% is in line with its 5-year average of 7.53%, around the middle of its 5-year range (3.23%–9.15%).

As of Thursday, June 25, 2026. 4.44% below its 12-month average of 7.37%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

AFG Debt to Assets Ratio

7.04%

Reported quarterly debt to assets ratio; no daily interpolation.

-23.00% 5Y
AFG Debt to Assets Ratio

AFG Average Debt to Assets Ratio Chart

AFG Debt to Assets Ratio

AFG Current vs Average Debt to Assets Ratio Chart

AFG Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

7.04%

DEBT TO ASSETS RATIO AVG TTM

7.37%

DEBT TO ASSETS RATIO AVG 3Y

7.64%

DEBT TO ASSETS RATIO AVG 5Y

7.79%

DEBT TO ASSETS RATIO AVG 10Y

5.09%

DEBT TO ASSETS RATIO AVG 15Y

4.20%

DEBT TO ASSETS RATIO AVG 20Y

2.85%

CURRENT VS TTM AVG

-4.44%

CURRENT VS 3Y AVG

-7.85%

CURRENT VS 5Y AVG

-9.58%

CURRENT VS 10Y AVG

+38.30%

CURRENT VS 15Y AVG

+67.69%

CURRENT VS 20Y AVG

+147.49%

AFG Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
American Financial Group, Inc. (AFG)$11.48B7.04%7.37%7.64%7.79%
Invesco Ltd. (IVZ)vs ›$11.52B0.37%N/AN/AN/A
Assurant, Inc. (AIZ)vs ›$13.08B0.06%N/AN/AN/A
Globe Life Inc. (GL)vs ›$13.64B0.09%N/AN/AN/A
FactSet Research Systems Inc. (FDS)vs ›$7.89B0.36%N/AN/AN/A
Kinsale Capital Group, Inc. (KNSL)vs ›$7.16B0.04%N/AN/AN/A
Global Payments Inc. (GPN)vs ›$15.88B0.41%N/AN/AN/A
Franklin Resources, Inc. (BEN)vs ›$16.88B0.41%N/AN/AN/A
Main Street Capital Corporation (MAIN)vs ›$4.63B0.43%N/AN/AN/A
Circle Internet Group (CRCL)vs ›$18.97B0.00%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

7.0%

Debt/Equity

0.38

Current Ratio

0.50

Interest Coverage

13.4x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for American Financial Group, Inc. (AFG)?
The debt to assets ratio for AFG stock is 7.04%.
Is American Financial Group, Inc.'s debt to assets ratio high or low?
The debt to assets ratio of 7.04% is in line with its 5-year average of 7.53%, around the middle of its 5-year range (3.23%–9.15%).
What is the TTM average debt to assets ratio for American Financial Group, Inc. (AFG)?
The TTM average debt to assets ratio for AFG stock is 7.37%.
What is the 3Y average debt to assets ratio for American Financial Group, Inc. (AFG)?
The 3Y average debt to assets ratio for AFG stock is 7.64%.
What is the 5Y average debt to assets ratio for American Financial Group, Inc. (AFG)?
The 5Y average debt to assets ratio for AFG stock is 7.79%.
What is the 10Y average debt to assets ratio for American Financial Group, Inc. (AFG)?
The 10Y average debt to assets ratio for AFG stock is 5.09%.
What is the 15Y average debt to assets ratio for American Financial Group, Inc. (AFG)?
The 15Y average debt to assets ratio for AFG stock is 4.20%.
What is the 20Y average debt to assets ratio for American Financial Group, Inc. (AFG)?
The 20Y average debt to assets ratio for AFG stock is 2.85%.

AFG Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-317.04%
2025-12-315.58%
2025-09-308.45%
2025-06-307.81%
2025-03-317.97%
2024-12-317.59%
2024-09-307.47%
2024-06-307.84%
2024-03-317.71%
2023-12-317.45%
2023-09-307.35%
2023-06-307.70%
2023-03-317.32%
2022-12-317.02%
2022-09-307.30%
2022-06-307.61%
2022-03-318.92%
2021-12-318.83%
2021-09-308.81%
2021-06-309.15%
2021-03-313.23%
2020-12-313.26%
2020-09-303.59%
2020-06-303.42%
2020-03-312.89%
2019-12-312.71%
2019-09-302.75%
2019-06-302.81%
2019-03-312.90%
2018-12-312.17%
2018-09-302.17%
2018-06-302.24%
2018-03-312.29%
2017-12-312.14%
2017-09-302.13%
2017-06-302.40%
2017-03-312.23%
2016-12-312.33%
2016-09-302.37%
2016-06-301.89%
2016-03-311.96%
2015-12-312.05%
2015-09-301.74%
2015-06-302.07%
2015-03-312.20%
2014-12-312.23%
2014-09-302.28%
2014-06-302.01%
2014-03-312.13%
2013-12-312.17%
2013-09-302.23%
2013-06-302.41%
2013-03-312.43%
2012-12-312.43%
2012-09-302.44%
2012-06-303.13%
2012-03-212.57%
2011-12-312.59%
2011-09-302.67%
2011-06-302.76%
2011-03-312.88%
2010-12-312.93%
2010-09-302.92%
2010-06-302.79%
2010-03-312.72%
2009-12-312.99%
2009-09-303.15%
2009-06-303.48%
2009-03-314.10%
2008-12-313.90%
2008-09-303.54%
2008-06-303.81%
2008-03-313.81%
2007-12-313.63%
2007-09-303.44%
2007-06-303.49%
2007-03-313.64%
2006-12-313.67%
2006-09-303.68%
2006-06-303.90%
2006-03-313.99%
2005-12-314.13%
2005-09-304.39%
2005-06-304.50%
2005-03-314.62%
2004-12-311.65%
2004-09-301.69%
2004-06-304.85%
2004-03-315.07%
2003-12-314.14%
2003-09-304.11%
2003-06-304.40%
2003-03-314.27%
2002-12-314.85%
2002-09-304.22%
2002-06-304.82%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About American Financial Group, Inc.

American Financial Group, Inc. (AFG) operates as an insurance holding company, specializing in providing a broad array of property and casualty insurance solutions across the United States. Its comprehensive product portfolio encompasses various lines of business, including property and transportation coverage, which offers protection for physical damage and liability concerning vehicles like buses and trucks, along with inland and ocean marine policies, agricultural-related products, and other commercial property and niche transportation insurance types. The company's specialty casualty segment delivers products such as excess and surplus lines, executive and professional liability, general liability, and umbrella and excess liability policies. It also develops customized programs for small to mid-sized enterprises and provides workers' compensation coverage. Furthermore, AFG extends specialty financial insurance products, including risk management solutions tailored for lending and leasing institutions, fidelity and surety bonds, and trade credit insurance. Distribution of these property and casualty policies is primarily conducted through a network of independent insurance agents and brokers. Established in 1872, American Financial Group, Inc. maintains its corporate headquarters in Cincinnati, Ohio.

Cincinnati, OH
8,700 employees
www.afginc.com
Financial Services / Insurance - Property & Casualty
Sector
Financial Services
Industry
Insurance - Property & Casualty
CEO
Stephen Craig Lindner
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