American Historical Income Statement

AFG Stock  USD 136.80  2.80  2.09%   
Historical analysis of American Financial income statement accounts such as Interest Expense of 70.8 M, Selling General Administrative of 0.0 or Total Revenue of 4.6 B can show how well American Financial Group performed in making a profits. Evaluating American Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Financial's future profits or losses.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining American Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether American Financial is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

About American Income Statement Analysis

American Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Financial shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

American Financial Income Statement Chart

American Financial Group Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Financial revenue and expense. American Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, American Financial's Total Operating Expenses is most likely to decrease significantly in the upcoming years. The American Financial's current Total Other Income Expense Net is estimated to increase to about 1.1 B, while Total Revenue is projected to decrease to roughly 4.6 B.

Total Revenue

Total revenue comprises all receipts American Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of American Financial Group minus its cost of goods sold. It is profit before American Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from American Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American Financial Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from American Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
At this time, American Financial's Total Operating Expenses is most likely to decrease significantly in the upcoming years. The American Financial's current Total Other Income Expense Net is estimated to increase to about 1.1 B, while Total Revenue is projected to decrease to roughly 4.6 B.
 2021 2023 2024 (projected)
Interest Expense94M76M70.8M
Depreciation And Amortization187M78M147.1M

American Financial income statement Correlations

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0.230.570.490.160.60.650.67-0.120.68-0.110.590.67-0.37-0.410.31-0.210.340.140.31-0.460.110.03
0.240.570.820.230.460.460.49-0.360.770.030.650.470.090.050.23-0.070.57-0.03-0.010.00.50.12
0.140.490.82-0.170.450.350.37-0.410.720.370.80.34-0.050.180.2-0.570.620.04-0.2-0.050.49-0.42
0.430.160.23-0.170.080.220.270.020.01-0.76-0.20.10.46-0.140.110.82-0.16-0.230.720.030.360.9
-0.010.60.460.450.080.980.96-0.320.86-0.440.80.59-0.260.080.73-0.140.770.420.35-0.510.19-0.01
0.070.650.460.350.220.980.99-0.290.84-0.550.730.62-0.25-0.040.710.010.710.40.43-0.490.180.16
0.220.670.490.370.270.960.99-0.370.83-0.570.730.59-0.25-0.110.740.030.70.340.45-0.470.290.19
-0.58-0.12-0.36-0.410.02-0.32-0.29-0.37-0.460.09-0.53-0.070.28-0.01-0.640.11-0.61-0.17-0.110.27-0.770.11
0.080.680.770.720.010.860.840.83-0.46-0.150.920.65-0.270.030.53-0.250.870.350.11-0.350.32-0.08
-0.22-0.110.030.37-0.76-0.44-0.55-0.570.09-0.150.04-0.16-0.10.05-0.54-0.76-0.13-0.12-0.810.33-0.18-0.78
0.140.590.650.8-0.20.80.730.73-0.530.920.040.43-0.390.060.53-0.50.90.280.0-0.340.38-0.37
-0.120.670.470.340.10.590.620.59-0.070.65-0.160.43-0.03-0.320.13-0.090.290.590.11-0.23-0.080.1
-0.07-0.370.09-0.050.46-0.26-0.25-0.250.28-0.27-0.1-0.39-0.030.22-0.420.4-0.39-0.18-0.040.60.050.4
-0.51-0.410.050.18-0.140.08-0.04-0.11-0.010.030.050.06-0.320.220.16-0.040.28-0.040.02-0.17-0.01-0.16
0.310.310.230.20.110.730.710.74-0.640.53-0.540.530.13-0.420.160.050.650.170.48-0.630.510.07
0.18-0.21-0.07-0.570.82-0.140.010.030.11-0.25-0.76-0.5-0.090.4-0.040.05-0.27-0.160.560.060.070.96
0.040.340.570.62-0.160.770.710.7-0.610.87-0.130.90.29-0.390.280.65-0.270.320.07-0.40.38-0.22
-0.310.14-0.030.04-0.230.420.40.34-0.170.35-0.120.280.59-0.18-0.040.17-0.160.320.06-0.36-0.25-0.18
0.250.31-0.01-0.20.720.350.430.45-0.110.11-0.810.00.11-0.040.020.480.560.070.06-0.620.220.59
0.11-0.460.0-0.050.03-0.51-0.49-0.470.27-0.350.33-0.34-0.230.6-0.17-0.630.06-0.4-0.36-0.620.030.05
0.790.110.50.490.360.190.180.29-0.770.32-0.180.38-0.080.05-0.010.510.070.38-0.250.220.030.12
0.250.030.12-0.420.9-0.010.160.190.11-0.08-0.78-0.370.10.4-0.160.070.96-0.22-0.180.590.050.12
Click cells to compare fundamentals

American Financial Account Relationship Matchups

American Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization259M299M187M100M78M147.1M
Interest Expense62M68M88M94M76M70.8M
Total Revenue8.2B7.9B6.6B7.0B7.7B4.6B
Gross Profit8.2B7.9B6.6B7.0B7.8B8.2B
Other Operating Expenses7.1B7.1B5.2B5.9B(6.7B)(6.3B)
Operating Income935M655M2.1B1.2B852M809.4M
Ebit935M655M2.1B1.2B774M556.9M
Ebitda1.2B954M2.3B1.3B852M704.0M
Total Operating Expenses(7.3B)(7.3B)(4.4B)5.9B710M745.5M
Income Before Tax1.1B848M1.3B1.1B1.1B693.5M
Total Other Income Expense Net173M193M(801M)(85M)1.1B1.1B
Net Income897M732M1.1B898M852M894.6M
Income Tax Expense239M127M254M225M221M136.5M
Cost Of Revenue5.4B5.9B6.3B(95M)(85.5M)(81.2M)
Minority Interest2M(13M)(28M)(11M)(2M)0.0
Net Income Applicable To Common Shares897M732M2.0B898M1.0B592.3M
Net Income From Continuing Ops869M721M1.1B898M865M689.6M
Tax Provision239M127M254M225M219M213.5M
Interest Income62M68M88M94M41M59.9M
Net Interest Income(85M)(62M)(68M)(88M)(94M)(80.9M)
Reconciled Depreciation259M299M187M100M82M142.2M

Pair Trading with American Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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Moving against American Stock

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The ability to find closely correlated positions to American Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Financial Group to buy it.
The correlation of American Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Financial is a strong investment it is important to analyze American Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Financial's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the American Financial information on this page should be used as a complementary analysis to other American Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is American Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Financial. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
2.68
Earnings Share
10.05
Revenue Per Share
87.981
Quarterly Revenue Growth
0.087
The market value of American Financial is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Financial's market value can be influenced by many factors that don't directly affect American Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.