American Financial Group, Inc. (AFG) Debt to Equity Ratio: 0.38
Is American Financial Group, Inc.’s debt to equity ratio high or low?
American Financial Group, Inc.'s debt to equity ratio of 0.38 is in line with its 5-year average of 0.41, around the middle of its 5-year range (0.34–0.44).
As of Thursday, June 25, 2026. 6.17% below its 12-month average of 0.41.
AFG Debt to Equity Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
AFG Average Debt to Equity Ratio Chart
AFG Current vs Average Debt to Equity Ratio Chart
AFG Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.38
DEBT TO EQUITY RATIO AVG TTM
0.41
DEBT TO EQUITY RATIO AVG 3Y
0.42
DEBT TO EQUITY RATIO AVG 5Y
0.41
DEBT TO EQUITY RATIO AVG 10Y
0.34
DEBT TO EQUITY RATIO AVG 15Y
0.30
DEBT TO EQUITY RATIO AVG 20Y
0.30
CURRENT VS TTM AVG
-6.17%
CURRENT VS 3Y AVG
-8.43%
CURRENT VS 5Y AVG
-6.56%
CURRENT VS 10Y AVG
+12.67%
CURRENT VS 15Y AVG
+27.73%
CURRENT VS 20Y AVG
+24.88%
AFG Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Financial Group, Inc. (AFG) | $11.48B | 0.38 | 0.41 | 0.42 | 0.41 |
| Invesco Ltd. (IVZ)vs › | $11.52B | 0.83 | 0.68 | 0.63 | 0.63 |
| Assurant, Inc. (AIZ)vs › | $13.08B | 0.38 | 0.40 | 0.43 | 0.42 |
| Globe Life Inc. (GL)vs › | $13.64B | 0.44 | 0.48 | 0.49 | 0.40 |
| FactSet Research Systems Inc. (FDS)vs › | $7.89B | 0.71 | 0.76 | 1.08 | 1.03 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.16B | 0.11 | 0.11 | 0.17 | 0.14 |
| Global Payments Inc. (GPN)vs › | $15.88B | 0.96 | 0.85 | 0.78 | 0.66 |
| Franklin Resources, Inc. (BEN)vs › | $16.88B | 1.10 | 1.08 | 0.99 | 0.88 |
| Main Street Capital Corporation (MAIN)vs › | $4.63B | 0.82 | 0.79 | 0.81 | 0.84 |
| Circle Internet Group (CRCL)vs › | $18.97B | 0.01 | 0.04 | 0.05 | 0.05 |
Financial Health
Debt/Equity
0.38
Current Ratio
0.50
American Financial Group, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Financial Group, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for American Financial Group, Inc. (AFG)?
- The debt to equity ratio for AFG stock is 0.38.
- Is American Financial Group, Inc.'s debt to equity ratio high or low?
- American Financial Group, Inc.'s debt to equity ratio of 0.38 is in line with its 5-year average of 0.41, around the middle of its 5-year range (0.34–0.44).
- What is the TTM average debt to equity ratio for American Financial Group, Inc. (AFG)?
- The TTM average debt to equity ratio for AFG stock is 0.41.
- What is the 3Y average debt to equity ratio for American Financial Group, Inc. (AFG)?
- The 3Y average debt to equity ratio for AFG stock is 0.42.
- What is the 5Y average debt to equity ratio for American Financial Group, Inc. (AFG)?
- The 5Y average debt to equity ratio for AFG stock is 0.41.
- What is the 10Y average debt to equity ratio for American Financial Group, Inc. (AFG)?
- The 10Y average debt to equity ratio for AFG stock is 0.34.
- What is the 15Y average debt to equity ratio for American Financial Group, Inc. (AFG)?
- The 15Y average debt to equity ratio for AFG stock is 0.30.
- What is the 20Y average debt to equity ratio for American Financial Group, Inc. (AFG)?
- The 20Y average debt to equity ratio for AFG stock is 0.30.
American Financial Group, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.38 |
| 2024-12-31 | 0.43 |
| 2023-12-31 | 0.43 |
| 2022-12-31 | 0.42 |
| 2021-12-31 | 0.44 |
| 2020-12-31 | 0.34 |
| 2019-12-31 | 0.29 |
| 2018-12-31 | 0.26 |
| 2017-12-31 | 0.24 |
| 2016-12-31 | 0.26 |
| 2015-12-31 | 0.22 |
| 2014-12-31 | 0.22 |
| 2013-12-31 | 0.20 |
| 2012-12-31 | 0.21 |
| 2011-12-31 | 0.21 |
| 2010-12-31 | 0.21 |
| 2009-12-31 | 0.22 |
| 2008-12-31 | 0.41 |
| 2007-12-31 | 0.31 |
| 2006-12-31 | 0.31 |
| 2005-12-31 | 0.38 |
| 2004-12-31 | 0.15 |
| 2003-12-31 | 0.40 |
| 2002-12-31 | 0.55 |
| 2001-12-31 | 0.59 |
| 2000-12-31 | 0.50 |
| 1999-12-31 | 0.55 |
| 1998-12-31 | 0.35 |
| 1997-12-31 | 0.35 |
| 1996-12-31 | 0.33 |
Related 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.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- CEO
- Stephen Craig Lindner