American Financial Group Inc

NYSE AFGD

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American Financial Group Inc Pre-Tax Margin for the year ending December 31, 2023: 10.01%

American Financial Group Inc Pre-Tax Margin is 10.01% for the year ending December 31, 2023, a -41.66% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.
  • American Financial Group Inc Pre-Tax Margin for the year ending December 31, 2022 was 17.16%, a -47.37% change year over year.
  • American Financial Group Inc Pre-Tax Margin for the year ending December 31, 2021 was 32.60%, a 293.65% change year over year.
  • American Financial Group Inc Pre-Tax Margin for the year ending December 31, 2020 was 8.28%, a -27.04% change year over year.
  • American Financial Group Inc Pre-Tax Margin for the year ending December 31, 2019 was 11.35%.
NYSE: AFGD

American Financial Group Inc

CEO -
IPO Date June 3, 2020
Location United States
Headquarters 301 East Fourth Street, Cincinnati, OH, United States, 45202
Employees 7,700
Sector None
Industry -
Description

American Financial Group, Inc., an insurance holding company, provides property and casualty insurance products in the United States. The company operates through three segments: Property and Casualty Insurance, Annuity, and Other. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks, inland and ocean marine, agricultural-related products, and other commercial property coverages; specialty casualty insurance, including primarily excess and surplus, general liability, executive and professional liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers' compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, surety and fidelity products, and trade credit insurance. The company sells its property and casualty insurance products through independent insurance agents and brokers, as well as through employee agents. It also provides traditional fixed, fixed-indexed, and variable-indexed annuities to the retail, financial institutions, registered investment advisor, and education markets. In addition, the company engages in the commercial real estate operations in Cincinnati, Whitefield, New Hampshire, Chesapeake Bay, Charleston, and Palm Beach. American Financial Group, Inc. was founded in 1872 and is headquartered in Cincinnati, Ohio.

StockViz Staff

September 20, 2024

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