American Financial Group, Inc. (AFG)

Solvency & Capital Structure

Total Debt

$1.82B

Net Debt

-$300M

American Financial Group, Inc. currently has $1.82B in total debt. Net debt is -$300M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

AFG • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	1.82	2.12	-0.30Net Cash	32.35	5.6%
2025-12-31	1.82	2.44	-0.62Net Cash	32.64	5.6%
2025-09-30	2.27	1.84	0.43	26.83	8.5%
2025-06-30	1.93	1.27	0.66	24.68	7.8%
2025-03-31	1.93	1.28	0.66	24.24	8.0%
2024-12-31	1.90	1.41	0.49	25.01	7.6%
2024-09-30	1.95	1.32	0.62	26.03	7.5%
2024-06-30	1.93	1.12	0.81	24.61	7.8%
2024-03-31	1.88	1.09	0.80	24.41	7.7%
2023-12-31	1.83	1.23	0.61	24.62	7.5%
2023-09-30	1.85	1.22	0.63	25.18	7.4%
2023-06-30	1.85	0.99	0.87	24.08	7.7%
2023-03-31	1.73	0.86	0.87	23.62	7.3%
2022-12-31	1.69	0.87	0.82	24.09	7.0%
2022-09-30	1.77	0.79	0.97	24.24	7.3%
2022-06-30	1.79	0.97	0.82	23.51	7.6%
2022-03-31	2.17	1.18	0.99	24.35	8.9%
2021-12-31	2.20	2.13	0.07	24.89	8.8%
2021-09-30	2.24	2.83	-0.60Net Cash	25.39	8.8%
2021-06-30	2.25	3.37	-1.12Net Cash	24.59	9.1%
2021-03-31	2.27	1.69	0.58	70.21	3.2%
2020-12-31	2.28	1.67	0.62	69.89	3.3%
2020-09-30	2.46	3.75	-1.29Net Cash	68.43	3.6%
2020-06-30	2.28	2.70	-0.42Net Cash	66.66	3.4%
2020-03-31	1.84	1.67	0.16	63.55	2.9%
2019-12-31	1.79	2.31	-0.53Net Cash	66.04	2.7%
2019-09-30	1.79	2.69	-0.90Net Cash	65.03	2.8%
2019-06-30	1.79	2.37	-0.58Net Cash	63.90	2.8%
2019-03-31	1.80	2.00	-0.20Net Cash	62.24	2.9%
2018-12-31	1.30	1.51	-0.21Net Cash	60.00	2.2%
2018-09-30	1.30	2.01	-0.71Net Cash	60.12	2.2%
2018-06-30	1.30	1.81	-0.51Net Cash	58.12	2.2%
2018-03-31	1.30	1.66	-0.36Net Cash	56.87	2.3%
2017-12-31	1.30	40.72	-39.42Net Cash	60.66	2.1%
2017-09-30	1.28	40.17	-38.88Net Cash	60.16	2.1%
2017-06-30	1.41	39.71	-38.31Net Cash	58.62	2.4%
2017-03-31	1.28	39.92	-38.64Net Cash	57.46	2.2%
2016-12-31	1.28	38.15	-36.87Net Cash	55.07	2.3%
2016-09-30	1.30	37.03	-35.73Net Cash	54.84	2.4%
2016-06-30	1.00	36.19	-35.19Net Cash	52.73	1.9%
2016-03-31	1.00	35.15	-34.15Net Cash	51.04	2.0%
2015-12-31	1.02	33.50	-32.48Net Cash	49.86	2.0%
2015-09-30	0.88	35.67	-34.79Net Cash	50.56	1.7%
2015-06-30	1.02	35.01	-33.99Net Cash	49.42	2.1%
2015-03-31	1.06	34.71	-33.65Net Cash	48.31	2.2%
2014-12-31	1.06	32.08	-31.02Net Cash	47.53	2.2%
2014-09-30	1.06	31.27	-30.21Net Cash	46.55	2.3%
2014-06-30	0.91	31.10	-30.19Net Cash	45.35	2.0%
2014-03-31	0.91	29.27	-28.35Net Cash	42.77	2.1%
2013-12-31	0.91	28.09	-27.18Net Cash	42.09	2.2%
2013-09-30	0.91	27.00	-26.09Net Cash	40.95	2.2%
2013-06-30	0.95	26.31	-25.36Net Cash	39.41	2.4%
2013-03-31	0.95	26.30	-25.35Net Cash	39.14	2.4%
2012-12-31	0.95	25.82	-24.87Net Cash	39.17	2.4%
2012-09-30	0.97	1.63	-0.66Net Cash	39.63	2.4%
2012-06-30	1.16	1.52	-0.36Net Cash	37.05	3.1%
2012-03-21	0.93	1.42	-0.49Net Cash	36.21	2.6%
2011-12-31	0.93	1.32	-0.39Net Cash	36.04	2.6%
2011-09-30	0.94	0.99	-0.05Net Cash	35.13	2.7%
2011-06-30	0.94	1.63	-0.69Net Cash	34.05	2.8%
2011-03-31	0.95	1.50	-0.55Net Cash	32.95	2.9%
2010-12-31	0.95	1.10	-0.15Net Cash	32.45	2.9%
2010-09-30	0.95	1.14	-0.19Net Cash	32.64	2.9%
2010-06-30	0.85	1.01	-0.16Net Cash	30.53	2.8%
2010-03-31	0.82	1.17	-0.35Net Cash	30.29	2.7%
2009-12-31	0.83	1.12	-0.29Net Cash	27.68	3.0%
2009-09-30	0.88	1.43	-0.56Net Cash	27.85	3.1%
2009-06-30	0.92	1.45	-0.54Net Cash	26.27	3.5%
2009-03-31	1.06	1.31	-0.26Net Cash	25.84	4.1%
2008-12-31	1.03	1.26	-0.23Net Cash	26.43	3.9%
2008-09-30	0.95	1.19	-0.24Net Cash	26.92	3.5%
2008-06-30	1.00	0.84	0.15	26.16	3.8%
2008-03-31	0.99	0.98	0.01	26.00	3.8%
2007-12-31	0.94	0.82	0.12	25.81	3.6%
2007-09-30	0.90	0.73	0.17	26.12	3.4%
2007-06-30	0.90	0.68	0.22	25.70	3.5%
2007-03-31	0.92	1.10	-0.18Net Cash	25.39	3.6%
2006-12-31	0.92	1.33	-0.41Net Cash	25.10	3.7%
2006-09-30	0.92	1.14	-0.22Net Cash	25.07	3.7%
2006-06-30	0.90	0.60	0.31	23.10	3.9%
2006-03-31	0.91	0.57	0.35	22.91	4.0%
2005-12-31	0.94	0.47	0.47	22.82	4.1%
2005-09-30	1.02	0.64	0.38	23.15	4.4%
2005-06-30	1.01	0.80	0.21	22.51	4.5%
2005-03-31	1.02	0.53	0.49	22.01	4.6%
2004-12-31	0.37	0.86	-0.49Net Cash	22.56	1.6%
2004-09-30	0.37	0.84	-0.46Net Cash	22.13	1.7%
2004-06-30	1.03	0.59	0.44	21.28	4.8%
2004-03-31	1.03	0.48	0.55	20.38	5.1%
2003-12-31	0.84	0.59	0.24	20.20	4.1%
2003-09-30	0.82	0.80	0.01	19.86	4.1%
2003-06-30	0.84	0.92	-0.08Net Cash	19.14	4.4%
2003-03-31	0.79	0.74	0.06	18.54	4.3%
2002-12-31	0.95	0.87	0.07	19.50	4.8%
2002-09-30	0.81	0.88	-0.07Net Cash	19.28	4.2%
2002-06-30	0.89	0.45	0.45	18.51	4.8%
2002-03-31	0.90	0.27	0.63	17.69	5.1%
2001-12-31	0.88	0.54	0.34	17.40	5.1%
2001-09-30	0.86	0.49	0.37	17.55	4.9%
2001-06-30	0.78	0.29	0.49	16.75	4.6%
2001-03-31	0.76	0.21	0.55	16.51	4.6%
2000-12-31	0.78	0.44	0.34	16.42	4.8%
2000-09-30	0.74	0.27	0.47	16.23	4.5%
2000-06-30	0.82	0.24	0.58	16.40	5.0%
2000-03-31	0.78	0.29	0.49	16.15	4.8%
1999-12-31	0.73	0.39	0.34	16.05	4.6%
1999-09-30	0.74	0.31	0.42	16.02	4.6%
1999-06-30	0.80	0.41	0.39	16.10	4.9%
1999-03-31	0.66	0.34	0.32	15.71	4.2%
1998-12-31	0.59	0.30	0.30	15.85	3.7%
1998-09-30	0.64	0.41	0.23	15.61	4.1%
1998-06-30	0.65	0.28	0.37	16.19	4.0%
1998-03-31	0.60	0.21	0.39	16.02	3.7%
1997-12-31	0.58	0.26	0.32	15.76	3.7%
1997-09-30	0.39	0.35	0.04	15.68	2.5%
1997-06-30	0.47	0.36	0.11	15.36	3.1%
1997-03-31	0.52	0.41	0.12	15.18	3.4%
1996-12-31	0.52	0.45	0.07	15.05	3.4%
1996-09-30	0.66	0.40	0.26	14.95	4.4%
1996-06-30	0.68	0.23	0.45	14.82	4.6%