What is the current annual operating margin of AFG?

As of today, AFG annual operating margin is 14.11%

What is 1-year change in AFG annual operating margin?

AFG annual operating margin is up +1.22% year-over-year

What is 3-year change in AFG annual operating margin?

AFG annual operating margin is up +1.58% over the past 3 years

How far is AFG annual operating margin from its all-time high?

AFG annual operating margin is currently -41.04% below its historical high of 23.93% set on December 31, 2009

How does AFG annual operating margin rank versus sector peers?

AFG annual operating margin is higher than 34.42% of companies in Financial Services sector

When is AFG next annual earnings release?

The next annual earnings release for AFG is on February 2, 2027

What is the current quarterly operating margin of AFG?

As of today, AFG quarterly operating margin is 13.28%

What is AFG quarterly operating margin most recent change?

AFG quarterly operating margin was down -12.40% on September 30, 2026

What is 1-year change in AFG quarterly operating margin?

AFG quarterly operating margin is up +18.04% year-over-year

How far is AFG quarterly operating margin from its all-time high?

AFG quarterly operating margin is currently -83.53% below its historical high of 80.63% set on December 31, 2003

How does AFG quarterly operating margin rank versus sector peers?

AFG quarterly operating margin is higher than 28.26% of companies in Financial Services sector

When is AFG next earnings release?

The next earnings release for AFG is on February 2, 2027

AFG Operating Margin History & Chart Since 1980

Annual Operating Margin

14.11%0.17%+1.22%

December 31, 2025

Summary

Current Value: As of today, AFG annual operating margin is 14.11%, up +1.22% on December 31, 2025
Historical Performance: AFG annual operating margin is up +1.58% over the past 3 years, up +161.30% over the past 5 years
All-Time High Comparison: AFG annual operating margin is currently -41.04% below its historical high of 23.93% set on December 31, 2009
3-Year Low Comparison: AFG annual operating margin is +3.52% above its 3-year low of 13.63% reached on December 31, 2023
Sector Comparison: AFG annual operating margin is higher than 34.42% of companies in Financial Services sector

Operating Margin Chart

beforeafter

Performance

AFG Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	14.11%	+1.2%	+1.6%	+161.3%	-18.4%
Quarterly Operating Margin	Sep 30, 26	13.28%	+18.0%	+27.0%	+9.9%	+0.1%
Price	Nov 6, 26	$154.55	+9.3%	+40.0%	+8.1%	+331.6%
PE Ratio	Nov 6, 26	12.60	-15.0%	+15.9%	+138.6%	+22.3%
Annual Revenue	Dec 31, 25	$8.12B	-1.9%	+19.8%	+43.7%	+80.0%
Annual Operating Profit	Dec 31, 25	$1.15B	-0.1%	+22.5%	+278.0%	+47.8%
Annual Gross Margin	Dec 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Net Margin	Dec 31, 25	10.30%	-3.9%	-22.3%	+85.3%	+9.8%

Operating Margin Highs

AFG Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	14.11%	Dec 31, 25	at high
5Y	17.73%	Dec 31, 21	-20.4%
All	23.93%	Dec 31, 09	-41.0%

Operating Margin Lows

AFG Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	13.63%	Dec 31, 23	+3.5%
5Y	5.40%	N/A	+161.3%
All	2.97%	Dec 31, 01	+375.1%

Operating Margin History

Year	Value	Change
2025	14.11%	+1.2%
2024	13.94%	+2.3%
2023	13.63%	-1.9%
2022	13.89%	-21.7%
2021	17.73%	+228.3%
2020	5.40%	-57.3%
2019	12.64%	+63.5%
2018	7.73%	-29.4%
2017	10.95%	-13.6%
2016	12.68%	+2.8%
2015	12.33%	+3.1%
2014	11.96%	-20.2%
2013	14.99%	+59.5%
2012	9.40%	-30.8%
2011	13.59%	-21.4%
2010	17.29%	-27.7%
2009	23.93%	+35.8%
2008	17.62%	-11.4%
2007	19.89%	+5.3%
2006	18.88%	+99.8%
2005	9.45%	-33.3%
2004	14.16%	+6.5%
2003	13.29%	+100.5%

Year	Value	Change
2002	6.63%	+123.2%
2001	2.97%	-34.7%
2000	4.55%	-58.5%
1999	10.97%	+13.4%
1998	9.67%	-0.5%
1997	9.72%	+32.4%
1996	7.34%	-25.1%
1995	9.80%	+138.4%
1994	4.11%	-56.3%
1993	9.41%	+15.3%
1992	8.16%	-11.5%
1991	9.22%	+94.5%
1990	4.74%	+4.9%
1989	4.52%	-17.1%
1988	5.45%	-19.0%
1987	6.73%	-27.8%
1986	9.32%	+5.9%
1985	8.80%	-16.3%
1984	10.52%	+6.2%
1983	9.91%	-4.3%
1982	10.36%	-1.8%
1981	10.55%	-11.0%
1980	11.86%	-

FAQ

What is the current annual operating margin of AFG?: As of today, AFG annual operating margin is 14.11%
What is 1-year change in AFG annual operating margin?: AFG annual operating margin is up +1.22% year-over-year
What is 3-year change in AFG annual operating margin?: AFG annual operating margin is up +1.58% over the past 3 years
How far is AFG annual operating margin from its all-time high?: AFG annual operating margin is currently -41.04% below its historical high of 23.93% set on December 31, 2009
How does AFG annual operating margin rank versus sector peers?: AFG annual operating margin is higher than 34.42% of companies in Financial Services sector
When is AFG next annual earnings release?: The next annual earnings release for AFG is on February 2, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

13.28%1.88%-12.40%

September 30, 2026

Summary

Current Value: As of today, AFG quarterly operating margin is 13.28%, down -12.40% on September 30, 2026
Historical Performance: AFG quarterly operating margin is up +18.04% year-over-year, up +26.96% over the past 3 years
All-Time High Comparison: AFG quarterly operating margin is currently -83.53% below its historical high of 80.63% set on December 31, 2003
3-Year Low Comparison: AFG quarterly operating margin is +30.58% above its 3-year low of 10.17% reached on September 30, 2024
Sector Comparison: AFG quarterly operating margin is higher than 28.26% of companies in Financial Services sector

Performance

AFG Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	13.28%	-12.4%	+18.0%	+27.0%	+9.9%
Annual Operating Margin	Dec 31, 25	14.11%	–	+1.2%	+1.6%	+161.3%
Price	Nov 6, 26	$154.55	+5.3%	+9.3%	+40.0%	+8.1%
PE Ratio	Nov 6, 26	12.60	-1.7%	-15.0%	+15.9%	+138.6%
Quarterly Revenue	Sep 30, 26	$2.54B	+27.4%	+10.2%	+18.0%	+52.5%
Quarterly Operating Profit	Sep 30, 26	$337.00M	+11.6%	+30.1%	+49.8%	+67.7%
Quarterly Gross Margin	Sep 30, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Net Margin	Sep 30, 26	10.92%	-12.3%	+16.9%	+32.7%	-17.0%

Quarterly Operating Margin Highs

AFG Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	18.62%	Dec 31, 25	-28.7%
3Y	18.62%	Dec 31, 25	-28.7%
5Y	22.24%	Dec 31, 21	-40.3%
All	80.63%	Dec 31, 03	-83.5%

Quarterly Operating Margin Lows

AFG Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	11.25%	N/A	+18.0%
3Y	10.17%	Sep 30, 24	+30.6%
5Y	9.86%	Sep 30, 22	+34.7%
All	-18.51%	Mar 31, 20	+171.8%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	13.28%	-12.4%
Jun 2026	15.16%	+22.0%
Mar 2026	12.43%	-33.2%
Dec 2025	18.62%	+65.5%
Sep 2025	11.25%	-14.5%
Jun 2025	13.16%	+19.5%
Mar 2025	11.01%	-28.2%
Dec 2024	15.34%	+50.8%
Sep 2024	10.17%	-30.5%
Jun 2024	14.63%	-7.6%
Mar 2024	15.84%	-7.4%
Dec 2023	17.11%	+63.6%
Sep 2023	10.46%	-23.0%
Jun 2023	13.58%	+1.1%
Mar 2023	13.43%	-25.7%
Dec 2022	18.08%	+83.4%
Sep 2022	9.86%	-5.7%
Jun 2022	10.46%	-39.4%
Mar 2022	17.25%	-22.4%
Dec 2021	22.24%	+84.1%
Sep 2021	12.08%	-25.5%
Jun 2021	16.21%	-17.5%
Mar 2021	19.64%	+17.8%
Dec 2020	16.67%	+345.7%
Sep 2020	3.74%	-67.9%
Jun 2020	11.65%	+162.9%
Mar 2020	-18.51%	-266.3%
Dec 2019	11.13%	+53.3%
Sep 2019	7.26%	-39.8%
Jun 2019	12.06%	-40.8%
Mar 2019	20.37%	+702.7%
Dec 2018	-3.38%	-130.5%
Sep 2018	11.08%	-15.5%
Jun 2018	13.11%	+44.2%
Mar 2018	9.09%	-40.4%
Dec 2017	15.26%	+824.8%
Sep 2017	1.65%	-87.0%
Jun 2017	12.74%	-14.7%
Mar 2017	14.94%	-20.7%
Dec 2016	18.85%	+75.8%
Sep 2016	10.72%	+13.3%
Jun 2016	9.46%	-15.0%
Mar 2016	11.13%	-21.2%
Dec 2015	14.12%	+149.5%
Sep 2015	5.66%	-63.8%
Jun 2015	15.63%	+8.7%
Mar 2015	14.38%	+6.0%
Dec 2014	13.56%	+32.9%
Sep 2014	10.20%	+0.9%
Jun 2014	10.11%	-29.6%
Mar 2014	14.36%	-26.5%
Dec 2013	19.55%	+76.3%
Sep 2013	11.09%	-12.3%
Jun 2013	12.64%	-24.8%
Mar 2013	16.81%	+1,220.7%
Dec 2012	-1.50%	-114.0%
Sep 2012	10.71%	-22.8%

Month	Value	Change
Jun 2012	13.87%	-8.6%
Mar 2012	15.18%	-25.7%
Dec 2011	20.42%	+54.0%
Sep 2011	13.26%	+78.9%
Jun 2011	7.41%	-38.7%
Mar 2011	12.09%	-26.2%
Dec 2010	16.39%	-16.6%
Sep 2010	19.66%	+17.5%
Jun 2010	16.73%	+4.8%
Mar 2010	15.96%	-64.5%
Dec 2009	44.90%	+99.7%
Sep 2009	22.48%	-9.1%
Jun 2009	24.72%	-20.2%
Mar 2009	30.96%	+329.4%
Dec 2008	7.21%	-42.6%
Sep 2008	12.57%	-23.2%
Jun 2008	16.36%	+14.6%
Mar 2008	14.27%	-32.0%
Dec 2007	21.00%	+24.5%
Sep 2007	16.87%	+41.5%
Jun 2007	11.92%	-39.6%
Mar 2007	19.73%	-8.7%
Dec 2006	21.60%	+35.2%
Sep 2006	15.98%	-4.3%
Jun 2006	16.69%	-12.4%
Mar 2006	19.05%	+10.0%
Dec 2005	17.32%	+4,541.0%
Sep 2005	-0.39%	-102.0%
Jun 2005	19.03%	+40.5%
Mar 2005	13.54%	-20.7%
Dec 2004	17.07%	-36.4%
Sep 2004	26.86%	+204.5%
Jun 2004	8.82%	-43.2%
Mar 2004	15.52%	-80.8%
Dec 2003	80.63%	+625.7%
Sep 2003	11.11%	-69.1%
Jun 2003	35.92%	+161.8%
Mar 2003	13.72%	+94.9%
Dec 2002	7.04%	-13.7%
Sep 2002	8.16%	+94.3%
Jun 2002	4.20%	-40.3%
Mar 2002	7.03%	+250.2%
Sep 2001	-4.68%	-235.7%
Jun 2001	3.45%	-41.8%
Mar 2001	5.93%	+114.1%
Dec 2000	2.77%	+48.9%
Sep 2000	1.86%	-60.0%
Jun 2000	4.65%	-52.8%
Mar 2000	9.86%	+18.1%
Dec 1999	8.35%	+19.5%
Sep 1999	6.99%	-32.7%
Jun 1999	10.39%	-19.5%
Mar 1999	12.91%	+45.9%
Dec 1998	8.85%	-19.0%
Sep 1998	10.92%	+50.8%
Jun 1998	7.24%	-37.5%
Mar 1998	11.59%	-

FAQ

What is the current quarterly operating margin of AFG?: As of today, AFG quarterly operating margin is 13.28%
What is AFG quarterly operating margin most recent change?: AFG quarterly operating margin was down -12.40% on September 30, 2026
What is 1-year change in AFG quarterly operating margin?: AFG quarterly operating margin is up +18.04% year-over-year
How far is AFG quarterly operating margin from its all-time high?: AFG quarterly operating margin is currently -83.53% below its historical high of 80.63% set on December 31, 2003
How does AFG quarterly operating margin rank versus sector peers?: AFG quarterly operating margin is higher than 28.26% of companies in Financial Services sector
When is AFG next earnings release?: The next earnings release for AFG is on February 2, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

AFG Official Website www.afginc.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1042046/000119312526036749/0001193125-26-036749-index.htm
AFG Profile on Yahoo Finance finance.yahoo.com/quote/AFG
AFG Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/afg