American Financial Debt to Equity Ratio 2012-2025 | AFG

Current and historical debt to equity ratio values for American Financial (AFG) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. American Financial debt/equity for the three months ending September 30, 2025 was 0.38.
American Financial Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $29.10B $4.73B 6.15
2025-06-30 $26.15B $4.52B 5.79
2025-03-31 $25.90B $4.39B 5.90
2024-12-31 $26.37B $4.47B 5.91
2024-09-30 $27.88B $4.71B 5.92
2024-06-30 $25.53B $4.38B 5.82
2024-03-31 $25.76B $4.24B 6.08
2023-12-31 $25.53B $4.26B 6.00
2023-09-30 $26.84B $3.98B 6.74
2023-06-30 $25.06B $3.99B 6.28
2023-03-31 $24.54B $3.94B 6.23
2022-12-31 $24.78B $4.05B 6.12
2022-09-30 $25.60B $3.93B 6.51
2022-06-30 $24.02B $4.07B 5.91
2022-03-31 $23.93B $4.84B 4.95
2021-12-31 $23.92B $5.01B 4.77
2021-09-30 $24.70B $5.24B 4.71
2021-06-30 $23.18B $5.60B 4.14
2021-03-31 $67.51B $6.69B 10.10
2020-12-31 $66.92B $6.79B 9.86
2020-09-30 $66.77B $6.34B 10.53
2020-06-30 $64.74B $6.13B 10.57
2020-03-31 $62.60B $5.05B 12.40
2019-12-31 $63.86B $6.27B 10.19
2019-09-30 $62.75B $6.32B 9.93
2019-06-30 $61.61B $6.09B 10.12
2019-03-31 $60.47B $5.67B 10.67
2018-12-31 $58.48B $4.97B 11.76
2018-09-30 $59.03B $5.16B 11.43
2018-06-30 $56.75B $5.08B 11.16
2018-03-31 $55.47B $5.18B 10.70
2017-12-31 $55.33B $5.33B 10.38
2017-09-30 $54.78B $5.38B 10.19
2017-06-30 $53.31B $5.31B 10.04
2017-03-31 $52.27B $5.20B 10.06
2016-12-31 $50.15B $4.92B 10.20
2016-09-30 $49.49B $5.36B 9.24
2016-06-30 $47.54B $5.19B 9.16
2016-03-31 $46.10B $4.94B 9.34
2015-12-31 $45.07B $4.77B 9.45
2015-09-30 $45.65B $4.91B 9.31
2015-06-30 $44.44B $4.98B 8.92
2015-03-31 $43.21B $5.10B 8.47
2014-12-31 $42.48B $5.05B 8.41
2014-09-30 $41.47B $5.08B 8.17
2014-06-30 $40.20B $5.16B 7.79
2014-03-31 $37.80B $4.97B 7.60
2013-12-31 $37.32B $4.77B 7.83
2013-09-30 $36.24B $4.71B 7.69
2013-06-30 $34.78B $4.64B 7.50
2013-03-31 $34.23B $4.91B 6.98
2012-12-31 $34.42B $4.75B 7.25
2012-09-30 $34.67B $4.96B 6.98
2012-06-30 $32.28B $4.78B 6.76
2012-03-31 $31.48B $4.73B 6.65
2011-12-31 $31.28B $4.56B 6.86
2011-09-30 $30.51B $4.62B 6.60
2011-06-30 $29.43B $4.63B 6.36
2011-03-31 $28.34B $4.61B 6.14
2010-12-31 $27.83B $4.62B 6.03
2010-09-30 $27.91B $4.73B 5.90
2010-06-30 $26.10B $4.43B 5.89
2010-03-31 $25.98B $4.31B 6.03
2009-12-31 $23.76B $3.92B 6.06
2009-09-30 $24.05B $3.80B 6.33
2009-06-30 $23.08B $3.19B 7.23
2009-03-31 $23.16B $2.68B 8.65
2008-12-31 $23.83B $2.60B 9.16
2008-09-30 $24.15B $2.78B 8.70
2008-06-30 $23.28B $2.88B 8.10
2008-03-31 $22.98B $3.02B 7.61
2007-12-31 $22.76B $3.05B 7.47
2007-09-30 $23.10B $3.01B 7.67
2007-06-30 $22.73B $2.97B 7.65
2007-03-31 $22.34B $3.04B 7.35
2006-12-31 $22.17B $2.93B 7.57
2006-09-30 $22.31B $2.76B 8.08
2006-06-30 $20.63B $2.48B 8.33
2006-03-31 $20.46B $2.45B 8.35
2005-12-31 $20.36B $2.46B 8.28
2005-09-30 $20.74B $2.40B 8.63
2005-06-30 $19.96B $2.56B 7.80
2005-03-31 $19.65B $2.36B 8.33
2004-12-31 $20.13B $2.43B 8.28
2004-09-30 $19.87B $2.26B 8.79
2004-06-30 $19.18B $2.09B 9.16
2004-03-31 $18.11B $2.27B 7.98
2003-12-31 $18.24B $2.08B 8.78
2003-09-30 $18.03B $1.84B 9.82
2003-06-30 $17.27B $1.87B 9.21
2003-03-31 $16.83B $1.72B 9.80
2002-12-31 $17.78B $1.73B 10.30
2002-09-30 $17.56B $1.72B 10.18
2002-06-30 $16.90B $1.62B 10.47
2002-03-31 $16.22B $1.47B 11.02
2001-12-31 $15.90B $1.50B 10.61
2001-09-30 $15.97B $1.58B 10.09
2001-06-30 $15.19B $1.56B 9.73
2001-03-31 $14.92B $1.59B 9.39
2000-12-31 $14.87B $1.55B 9.60
2000-09-30 $14.89B $1.35B 11.06
2000-06-30 $15.12B $1.28B 11.84
2000-03-31 $14.81B $1.35B 10.98
1999-12-31 $14.71B $1.34B 10.98
1999-09-30 $14.59B $1.43B 10.19
1999-06-30 $14.54B $1.56B 9.31
1999-03-31 $14.06B $1.65B 8.53
1998-12-31 $14.13B $1.72B 8.23
1998-09-30 $13.82B $1.79B 7.72
1998-06-30 $14.46B $1.74B 8.32
1998-03-31 $14.29B $1.73B 8.27
1997-12-31 $14.09B $1.66B 8.48
1997-09-30 $13.97B $1.71B 8.17
1997-06-30 $13.74B $1.62B 8.49
1997-03-31 $13.71B $1.48B 9.29
1996-12-31 $13.50B $1.55B 8.68
1996-09-30 $13.42B $1.53B 8.77
1996-06-30 $2.22B $1.58B 1.40
1996-03-31 $13.45B $1.41B 9.56
1995-12-31 $13.51B $1.44B 9.38
1995-09-30 $12.84B $1.10B 11.67
1995-06-30 $12.84B $0.99B 13.01
1995-03-31 $2.63B $1.49B 1.76
1994-12-31 $2.65B $1.55B 1.71
1994-09-30 $2.54B $1.63B 1.56
1994-06-30 $2.43B $1.63B 1.49
1994-03-31 $2.37B $1.64B 1.44
1993-12-31 $2.33B $1.72B 1.35
1993-09-30 $0.00B 0.00
1993-06-30 $0.00B 0.00
1993-03-31 $0.00B 0.00
1992-12-31 $1.98B $1.50B 1.32
1992-09-30 $0.00B 0.00
1992-06-30 $0.00B 0.00
1992-03-31 $0.00B 0.00
1991-12-31 $0.00B 0.00
Sector Industry Market Cap Revenue
Finance Property, Casualty and Title Insurance $10.929B $8.174B
American Financial Group, Inc., a holding company engages primarily in property and casualty insurance, with focus on specialized commercial products for businesses. The company also engages in the sale of traditional fixed, fixed-indexed and variable-indexed annuities in the retail, financial institutions, registered investment advisor and education markets. Property and Casualty Insurance Operations: It comprises insurance businesses offering a wide range of commercial coverage, conducted through Property and Transportation (consisting Inland and Ocean Marine, Agricultural-related and Commercial Automobile), Specialty Casualty and Specialty Financial. Its subsidiaries are, Great American Insurance, National Interstate, Summit (Bridgefield Casualty and Bridgefield Employers), Republic Indemnity, Neon Lloyd's Syndicate and Mid-Continent Casualty. Other Operations: These operations include commercial real estate operations in Cincinnati, Whitefield, New Hampshire, Chesapeake Bay, Charleston and Palm Beach.
Stock Name Country Market Cap PE Ratio
Berkshire Hathaway (BRK.A) United States $1096.728B 22.47
Berkshire Hathaway (BRK.B) United States $1096.120B 22.45
Chubb (CB) Switzerland $130.254B 13.33
Progressive (PGR) United States $118.622B 11.08
Sampo (SAXPY) Finland $117.705B 18.52
Tokio Marine Holdings (TKOMY) Japan $76.335B 14.30
Travelers (TRV) United States $67.251B 10.89
Allstate (ALL) United States $54.312B 5.94
MS&AD Insurances (MSADY) Japan $40.194B 8.58
Hartford Insurance (HIG) United States $39.724B 10.60
Fairfax Financial Holdings (FRFHF) Canada $37.372B 8.26
Arch Capital Group (ACGL) Bermuda $36.607B 11.03
Cincinnati Financial (CINF) United States $26.937B 22.36
W.R Berkley (WRB) United States $26.757B 16.41
RenaissanceRe Holdings (RNR) Bermuda $13.859B 7.56
CNA Financial (CNA) United States $13.487B 9.95
Kinsale Capital (KNSL) United States $9.633B 22.60
Axis Capital Holdings (AXS) Bermuda $8.207B 8.22
First American Financial (FAF) United States $6.862B 12.42
Essent Group (ESNT) Bermuda $6.310B 9.50
Hanover Insurance (THG) United States $6.262B 9.21
RLI (RLI) United States $5.668B 17.48
White Mountains Insurance Group (WTM) United States $5.558B 12.47
Selective Insurance (SIGI) United States $5.443B 12.19
Mercury General (MCY) United States $5.272B 13.56
Hagerty (HGTY) United States $4.310B 35.00
Palomar Holdings (PLMR) United States $3.382B 19.66
NMI Holdings Inc (NMIH) United States $3.155B 8.59
HCI (HCI) United States $2.116B 10.37
Stewart Information Services (STC) United States $2.002B 14.64
Skyward Specialty Insurance (SKWD) United States $1.781B 12.08
Exzeo (XZO) United States $1.598B 0.00
ProAssurance (PRA) United States $1.252B 20.99
Safety Insurance (SAFT) United States $1.195B 15.58
Root (ROOT) United States $0.963B 18.76
United Fire (UFCS) United States $0.945B 8.52
UNIVERSAL INSURANCE HOLDINGS INC (UVE) United States $0.889B 7.41
Bowhead Specialty Holdings (BOW) United States $0.821B 15.65
Heritage Insurance Holdings (HRTG) United States $0.820B 5.49
Donegal (DGICB) United States $0.721B 8.95
Donegal (DGICA) United States $0.695B 8.04
American Coastal Insurance (ACIC) United States $0.552B 6.69
Investors Title (ITIC) United States $0.527B 14.69
Greenlight Capital Re (GLRE) Cayman Islands $0.479B 0.00
Global Indemnity (GBLI) United States $0.410B 13.36
Kingsway Financial Services (KFS) United States $0.382B 0.00
American Integrity Insurance (AII) United States $0.358B 0.00
NI Holdings (NODK) United States $0.280B 104.38
Kingstone (KINS) United States $0.227B 7.61
First Acceptance (FACO) United States $0.147B 5.19
Roadzen (RDZN) United States $0.124B 0.00