Company / Operating Margin
AMERICAN FINANCIAL GROUP INC Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
13.7%
FY2025
5-year range
5.9% / 20.4%
FY2021-FY2025
Trend
-14.0%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Margin has fluctuated over the past 10 years, ranging from 5.9% in FY2022 to 20.4% in FY2023.
Based on SEC 10-K filings.
13.7% in FY2025 with a 5-year CAGR of +4.8%.
Declined from 20.4% to 13.7% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- +7.8pp
- 5-Year Change
- +4.8pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, operating margin decreased 14.0% year-over-year.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.41 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 13.7% | -14.0% |
| FY2024 | 16.0% | -21.7% |
| FY2023 | 20.4% | +246.6% |
| FY2022 | 5.9% | -42.4% |
| FY2021 | 10.2% | +14.1% |
| FY2020 | 8.9% | -15.3% |
| FY2019 | 10.5% | -12.9% |
| FY2018 | 12.1% | +31.8% |
| FY2017 | 9.2% | -15.8% |
| FY2016 | 10.9% | -19.1% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026