American Financial Group, Inc. (AFG) Operating Margin: 13.68%
Is American Financial Group, Inc.’s operating margin high or low?
American Financial Group, Inc.'s operating margin of 13.68% is in line with its 5-year average of 14.10%, around the middle of its 5-year range (5.98%–21.43%).
As of Thursday, June 25, 2026. 2.43% above its 12-month average of 13.36%.
AFG Operating Margin Chart
Reported annual fiscal-period values; no daily interpolation.
AFG Average Operating Margin Chart
AFG Current vs Average Operating Margin Chart
AFG Operating Margin Metrics
OPERATING MARGIN
13.68%
OPERATING MARGIN AVG TTM
13.36%
OPERATING MARGIN AVG 3Y
14.29%
OPERATING MARGIN AVG 5Y
14.10%
OPERATING MARGIN AVG 10Y
12.36%
OPERATING MARGIN AVG 15Y
11.81%
OPERATING MARGIN AVG 20Y
12.13%
CURRENT VS TTM AVG
+2.43%
CURRENT VS 3Y AVG
-4.29%
CURRENT VS 5Y AVG
-2.96%
CURRENT VS 10Y AVG
+10.70%
CURRENT VS 15Y AVG
+15.79%
CURRENT VS 20Y AVG
+12.82%
AFG Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Financial Group, Inc. (AFG) | $11.48B | 13.68% | 13.36% | 14.29% | 14.10% |
| Invesco Ltd. (IVZ)vs › | $11.52B | -9.71% | 1.41% | 4.25% | 9.65% |
| Assurant, Inc. (AIZ)vs › | $13.08B | 9.42% | 8.15% | 6.74% | 6.76% |
| Globe Life Inc. (GL)vs › | $13.64B | 24.92% | 23.67% | 22.59% | 22.36% |
| FactSet Research Systems Inc. (FDS)vs › | $7.95B | 31.17% | 32.03% | 30.02% | 29.88% |
| Global Payments Inc. (GPN)vs › | $15.21B | 16.21% | 20.86% | 21.67% | 20.60% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.02B | 34.51% | 33.14% | 30.23% | 28.61% |
| Franklin Resources, Inc. (BEN)vs › | $16.88B | 9.34% | 5.85% | 11.80% | 14.71% |
| Main Street Capital Corporation (MAIN)vs › | $4.63B | 66.79% | 77.53% | 73.88% | 64.77% |
| Circle Internet Group (CRCL)vs › | $18.97B | -4.65% | 3.33% | 5.07% | -46.87% |
Operating Efficiency
Gross Margin
32.4%
Operating Margin
13.7%
American Financial Group, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Financial Group, Inc. Operating Margin FAQ
- What is the operating margin for American Financial Group, Inc. (AFG)?
- The operating margin for AFG stock is 13.68%.
- Is American Financial Group, Inc.'s operating margin high or low?
- American Financial Group, Inc.'s operating margin of 13.68% is in line with its 5-year average of 14.10%, around the middle of its 5-year range (5.98%–21.43%).
- What is the TTM average operating margin for American Financial Group, Inc. (AFG)?
- The TTM average operating margin for AFG stock is 13.36%.
- What is the 3Y average operating margin for American Financial Group, Inc. (AFG)?
- The 3Y average operating margin for AFG stock is 14.29%.
- What is the 5Y average operating margin for American Financial Group, Inc. (AFG)?
- The 5Y average operating margin for AFG stock is 14.10%.
- What is the 10Y average operating margin for American Financial Group, Inc. (AFG)?
- The 10Y average operating margin for AFG stock is 12.36%.
- What is the 15Y average operating margin for American Financial Group, Inc. (AFG)?
- The 15Y average operating margin for AFG stock is 11.81%.
- What is the 20Y average operating margin for American Financial Group, Inc. (AFG)?
- The 20Y average operating margin for AFG stock is 12.13%.
American Financial Group, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 13.13% |
| 2024-12-31 | 13.58% |
| 2023-12-31 | 13.88% |
| 2022-12-31 | 16.58% |
| 2021-12-31 | 21.43% |
| 2020-12-31 | 5.98% |
| 2019-12-31 | 10.37% |
| 2018-12-31 | 9.14% |
| 2017-12-31 | 10.55% |
| 2016-12-31 | 12.11% |
| 2015-12-31 | 9.19% |
| 2014-12-31 | 10.92% |
| 2013-12-31 | 13.50% |
| 2012-12-31 | 10.83% |
| 2011-12-31 | 12.02% |
| 2010-12-31 | 15.43% |
| 2009-12-31 | 18.80% |
| 2008-12-31 | 7.36% |
| 2007-12-31 | 14.59% |
| 2006-12-31 | 16.34% |
| 2005-12-31 | 8.21% |
| 2004-12-31 | 15.12% |
| 2003-12-31 | 8.91% |
| 2002-12-31 | 4.61% |
| 2001-12-31 | 2.19% |
| 2000-12-31 | 2.88% |
| 1999-12-31 | 8.99% |
| 1998-12-31 | 6.74% |
| 1997-12-31 | 69.41% |
| 1996-12-31 | 70.02% |
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