American Financial Group, Inc. (AFG) — Cash Flow Reinvestment Rate
American Financial Group, Inc. (AFG) has a Cash Flow Reinvestment Rate of 0.91x as of March 2026, reinvesting $432.00 Million (capex $17.00 Million plus investments $-415.00 Million) from operating cash flow of $474.00 Million. See AFG free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
American Financial Group, Inc. Cash Flow Reinvestment Rate (1983–2025)
Historical reinvestment intensity for American Financial Group, Inc. across 43 annual periods. For the full cash flow conversion analysis, see American Financial Group, Inc. operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for American Financial Group, Inc. (1983–2025)
Year-by-year capital reinvestment analysis for American Financial Group, Inc.. See AFG FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.44x | $680.00 Million | $1.53 Billion | $135.00 Million | ▲ +124.1% |
| 2024 | 0.20x | $228.00 Million | $1.15 Billion | $133.00 Million | ▼ -28.1% |
| 2023 | 0.28x | $542.00 Million | $1.97 Billion | $72.00 Million | ▼ -61.5% |
| 2022 | 0.71x | $823.00 Million | $1.15 Billion | $86.00 Million | ▼ -23.2% |
| 2021 | 0.93x | $1.59 Billion | $1.71 Billion | $150.00 Million | ▲ +77.5% |
| 2020 | 0.52x | $1.14 Billion | $2.18 Billion | $343.00 Million | ▼ -58.2% |
| 2019 | 1.25x | $3.07 Billion | $2.46 Billion | $40.00 Million | ▼ -49.4% |
| 2018 | 2.47x | $5.15 Billion | $2.08 Billion | $43.00 Million | ▲ +42.0% |
| 2017 | 1.74x | $3.14 Billion | $1.80 Billion | $109.00 Million | ▼ -22.6% |
| 2016 | 2.25x | $2.59 Billion | $1.15 Billion | $49.00 Million | ▼ -18.9% |
| 2015 | 2.78x | $3.77 Billion | $1.36 Billion | $67.00 Million | ▼ -25.5% |
| 2014 | 3.73x | $4.59 Billion | $1.23 Billion | $367.00 Million | ▼ -20.6% |
| 2013 | 4.69x | $3.57 Billion | $760.00 Million | $190.00 Million | ▲ +99.7% |
| 2012 | 2.35x | $1.92 Billion | $817.00 Million | $290.00 Million | ▲ +1723.6% |
| 2011 | 0.13x | $86.00 Million | $667.00 Million | $86.00 Million | ▼ -93.4% |
| 2010 | 1.96x | $1.69 Billion | $864.00 Million | $74.00 Million | ▲ +2768.5% |
| 2009 | 0.07x | $62.50 Million | $914.40 Million | $62.50 Million | ▲ +43.9% |
| 2008 | 0.05x | $46.20 Million | $972.90 Million | $46.20 Million | ▲ +158.2% |
| 2007 | 0.02x | $14.50 Million | $788.50 Million | $14.50 Million | ▼ -75.4% |
| 2006 | 0.07x | $72.40 Million | $967.60 Million | $72.40 Million | ▼ -3.7% |
| 2005 | 0.08x | $79.47 Million | $1.02 Billion | $79.47 Million | ▲ +38.9% |
| 2004 | 0.06x | $56.37 Million | $1.01 Billion | $56.37 Million | ▲ +41.2% |
| 2003 | 0.04x | $29.70 Million | $749.50 Million | $29.70 Million | ▼ -40.3% |
| 2002 | 0.07x | $53.64 Million | $808.57 Million | $53.64 Million | ▼ -46.9% |
| 2001 | 0.12x | $90.11 Million | $721.92 Million | $90.11 Million | ▼ -37.6% |
| 2000 | 0.20x | $88.37 Million | $441.46 Million | $88.37 Million | ▲ +2.2% |
| 1999 | 0.20x | $74.06 Million | $378.23 Million | $74.06 Million | ▲ +13.0% |
| 1998 | 0.17x | $66.82 Million | $385.44 Million | $66.82 Million | ▲ +13.8% |
| 1997 | 0.15x | $64.92 Million | $426.00 Million | $64.92 Million | ▲ +49.6% |
| 1996 | 0.10x | $38.00 Million | $373.00 Million | $38.00 Million | ▼ -25.2% |
| 1995 | 0.14x | $42.60 Million | $312.60 Million | $42.60 Million | ▲ +89.7% |
| 1994 | 0.07x | $22.10 Million | $307.60 Million | $22.10 Million | ▲ +24.8% |
| 1993 | 0.06x | $17.50 Million | $304.10 Million | $17.50 Million | ▼ -46.3% |
| 1992 | 0.11x | $25.80 Million | $240.80 Million | $25.80 Million | ▼ -14.9% |
| 1991 | 0.13x | $25.70 Million | $204.20 Million | $25.70 Million | ▼ -53.3% |
| 1990 | 0.27x | $57.90 Million | $214.90 Million | $57.90 Million | ▲ +29.7% |
| 1989 | 0.21x | $40.70 Million | $195.90 Million | $40.70 Million | ▼ -50.9% |
| 1988 | 0.42x | $36.00 Million | $85.10 Million | $36.00 Million | ▲ +29.0% |
| 1987 | 0.33x | $30.80 Million | $93.90 Million | $30.80 Million | ▲ +172.1% |
| 1986 | 0.12x | $37.50 Million | $311.10 Million | $37.50 Million | ▼ -65.1% |
| 1985 | 0.35x | $78.80 Million | $228.30 Million | $78.80 Million | ▼ -20.4% |
| 1984 | 0.43x | $133.00 Million | $306.80 Million | $133.00 Million | ▲ +50.3% |
| 1983 | 0.29x | $102.20 Million | $354.30 Million | $102.20 Million | — |