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American Financial Group, Inc. (AFG)
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American Financial Group, Inc. (AFG) Enterprise Value (EV): $11.58B

The enterprise value (EV) for American Financial Group, Inc. (AFG) is $11.58B as of Thursday, June 25, 2026.

AFG Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$11.58B

Enterprise Value Calculation

Market Cap

$11.48B

+

Total Debt

$1.82B

Cash

$1.73B

=

Enterprise Value

$11.58B

EV-Based Valuation Multiples

EV/EBITDA

Not meaningful

EV/Sales

Not meaningful

EV/FCF

Not meaningful

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

American Financial Group, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

American Financial Group, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for American Financial Group, Inc. (AFG)?
The enterprise value (EV) for AFG stock is $11.58B.

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
Financial Services / Insurance - Property & Casualty
Sector
Financial Services
Industry
Insurance - Property & Casualty
CEO
Stephen Craig Lindner