American Financial Group, Inc. (AFG) — Cash Flow Quality Index
American Financial Group, Inc. (AFG) has a Cash Flow Quality Index of 2.48x as of March 2026. Operating cash flow of $474.00 Million exceeds net income of $191.00 Million, indicating high earnings quality where cash backs reported profits. Explore American Financial Group, Inc. (AFG) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
American Financial Group, Inc. Cash Flow Quality Index (1983–2025)
Historical Cash Flow Quality Index for American Financial Group, Inc. across 41 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AFG cash flow conversion.
Annual Cash Flow Quality Index for American Financial Group, Inc. (1983–2025)
Year-by-year earnings quality comparison for American Financial Group, Inc..
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.82x | $1.53 Billion | $842.00 Million | ▲ +40.2% |
| 2024 | 1.30x | $1.15 Billion | $887.00 Million | ▼ -43.8% |
| 2023 | 2.31x | $1.97 Billion | $852.00 Million | ▲ +80.1% |
| 2022 | 1.28x | $1.15 Billion | $898.00 Million | ▲ +49.4% |
| 2021 | 0.86x | $1.71 Billion | $2.00 Billion | ▼ -71.6% |
| 2020 | 3.03x | $2.18 Billion | $721.00 Million | ▲ +7.1% |
| 2019 | 2.83x | $2.46 Billion | $869.00 Million | ▼ -28.1% |
| 2018 | 3.93x | $2.08 Billion | $530.00 Million | ▲ +3.9% |
| 2017 | 3.78x | $1.80 Billion | $477.00 Million | ▲ +113.4% |
| 2016 | 1.77x | $1.15 Billion | $649.00 Million | ▼ -54.0% |
| 2015 | 3.86x | $1.36 Billion | $352.00 Million | ▲ +41.6% |
| 2014 | 2.72x | $1.23 Billion | $452.00 Million | ▲ +68.8% |
| 2013 | 1.61x | $760.00 Million | $471.00 Million | ▼ -3.6% |
| 2012 | 1.67x | $817.00 Million | $488.00 Million | ▼ -19.7% |
| 2011 | 2.08x | $667.00 Million | $320.00 Million | ▲ +2.0% |
| 2010 | 2.04x | $864.00 Million | $423.00 Million | ▲ +18.5% |
| 2009 | 1.72x | $914.40 Million | $530.70 Million | ▼ -65.3% |
| 2008 | 4.97x | $972.90 Million | $195.80 Million | ▲ +141.5% |
| 2007 | 2.06x | $788.50 Million | $383.20 Million | ▼ -3.6% |
| 2006 | 2.13x | $967.60 Million | $453.40 Million | ▼ -56.9% |
| 2005 | 4.95x | $1.02 Billion | $206.58 Million | ▲ +76.7% |
| 2004 | 2.80x | $1.01 Billion | $359.86 Million | ▲ +9.8% |
| 2003 | 2.55x | $749.50 Million | $293.81 Million | ▼ -73.3% |
| 2002 | 9.55x | $808.57 Million | $84.64 Million | ▲ +271.3% |
| 1999 | 2.57x | $378.23 Million | $147.00 Million | ▼ -16.4% |
| 1998 | 3.08x | $385.44 Million | $125.20 Million | ▲ +44.2% |
| 1997 | 2.14x | $426.00 Million | $199.50 Million | ▲ +50.0% |
| 1996 | 1.42x | $373.00 Million | $262.00 Million | ▼ -13.3% |
| 1995 | 1.64x | $312.60 Million | $190.40 Million | ▼ -99.6% |
| 1994 | 384.50x | $307.60 Million | $800.00K | ▲ +30586.7% |
| 1993 | 1.25x | $304.10 Million | $242.70 Million | ▼ -67.7% |
| 1992 | 3.88x | $240.80 Million | $62.10 Million | ▲ +20.4% |
| 1991 | 3.22x | $204.20 Million | $63.40 Million | ▲ +46.6% |
| 1990 | 2.20x | $214.90 Million | $97.80 Million | ▲ +95.3% |
| 1989 | 1.13x | $195.90 Million | $174.10 Million | ▲ +36.7% |
| 1988 | 0.82x | $85.10 Million | $103.40 Million | ▼ -68.3% |
| 1987 | 2.59x | $93.90 Million | $36.20 Million | ▲ +28.6% |
| 1986 | 2.02x | $311.10 Million | $154.20 Million | ▼ -2.1% |
| 1985 | 2.06x | $228.30 Million | $110.80 Million | ▲ +14.2% |
| 1984 | 1.80x | $306.80 Million | $170.00 Million | ▼ -90.0% |
| 1983 | 17.98x | $354.30 Million | $19.70 Million | — |