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American Financial Group, Inc. (AFG) Gross Margin: 32.36%

Is American Financial Group, Inc.’s gross margin high or low?

American Financial Group, Inc.'s gross margin of 32.36% is 53% above its 5-year average of 21.11%, around the middle of its 5-year range (5.31%–46.32%).

As of Thursday, June 25, 2026. 0.95% above its 12-month average of 32.05%.

AFG Gross Margin

AFG Gross Margin Chart

46.32%

Reported annual fiscal-period values; no daily interpolation.

+191.69% 10Y
AFG Gross Margin

AFG Average Gross Margin Chart

AFG Gross Margin

AFG Current vs Average Gross Margin Chart

AFG Gross Margin Metrics

GROSS MARGIN

32.36%

GROSS MARGIN AVG TTM

32.05%

GROSS MARGIN AVG 3Y

24.82%

GROSS MARGIN AVG 5Y

21.11%

GROSS MARGIN AVG 10Y

18.44%

GROSS MARGIN AVG 15Y

18.18%

GROSS MARGIN AVG 20Y

18.48%

CURRENT VS TTM AVG

+0.95%

CURRENT VS 3Y AVG

+30.35%

CURRENT VS 5Y AVG

+53.33%

CURRENT VS 10Y AVG

+75.53%

CURRENT VS 15Y AVG

+77.99%

CURRENT VS 20Y AVG

+75.07%

AFG Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
American Financial Group, Inc. (AFG)$11.48B32.36%32.05%24.82%21.11%
Invesco Ltd. (IVZ)vs ›$11.52B50.68%38.30%37.99%38.66%
Assurant, Inc. (AIZ)vs ›$13.08B77.83%76.93%77.01%64.48%
Globe Life Inc. (GL)vs ›$13.64B38.07%32.88%31.34%30.90%
FactSet Research Systems Inc. (FDS)vs ›$7.95B51.94%53.39%53.22%52.82%
Global Payments Inc. (GPN)vs ›$15.88B67.31%67.68%63.66%60.20%
Kinsale Capital Group, Inc. (KNSL)vs ›$7.02B46.64%47.66%42.81%40.23%
Franklin Resources, Inc. (BEN)vs ›$16.88B73.80%80.22%81.03%81.34%
Main Street Capital Corporation (MAIN)vs ›$4.63B86.39%91.48%86.62%80.78%
Circle Internet Group (CRCL)vs ›$18.97B7.17%16.13%23.51%2.92%

Gross Margin Analysis

Gross Margin

32.4%

(Revenue - COGS) / Revenue

American Financial Group, Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

American Financial Group, Inc. Gross Margin FAQ

What is the gross margin for American Financial Group, Inc. (AFG)?
The gross margin for AFG stock is 32.36%.
Is American Financial Group, Inc.'s gross margin high or low?
American Financial Group, Inc.'s gross margin of 32.36% is 53% above its 5-year average of 21.11%, around the middle of its 5-year range (5.31%–46.32%).
What is the TTM average gross margin for American Financial Group, Inc. (AFG)?
The TTM average gross margin for AFG stock is 32.05%.
What is the 3Y average gross margin for American Financial Group, Inc. (AFG)?
The 3Y average gross margin for AFG stock is 24.82%.
What is the 5Y average gross margin for American Financial Group, Inc. (AFG)?
The 5Y average gross margin for AFG stock is 21.11%.
What is the 10Y average gross margin for American Financial Group, Inc. (AFG)?
The 10Y average gross margin for AFG stock is 18.44%.
What is the 15Y average gross margin for American Financial Group, Inc. (AFG)?
The 15Y average gross margin for AFG stock is 18.18%.
What is the 20Y average gross margin for American Financial Group, Inc. (AFG)?
The 20Y average gross margin for AFG stock is 18.48%.

American Financial Group, Inc. Gross Margin History

DATEGROSS MARGIN
2025-12-3146.32%
2024-12-3117.79%
2023-12-3117.53%
2022-12-3117.66%
2021-12-3122.02%
2020-12-315.31%
2019-12-3110.27%
2018-12-3113.35%
2017-12-3117.93%
2016-12-3118.73%
2015-12-3115.88%
2014-12-3117.09%
2013-12-3121.28%
2012-12-3118.92%
2011-12-3119.99%
2010-12-3125.95%
2009-12-3149.77%
2008-12-3140.49%
2007-12-3146.91%
2006-12-3132.22%
2005-12-3122.31%
2004-12-3169.99%
2003-12-3167.50%
2002-12-3147.99%
2001-12-3168.13%
2000-12-3129.33%
1999-12-3132.93%
1998-12-3126.46%
1997-12-3170.71%
1996-12-3171.86%

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