American Financial Group, Inc. Working Capital to Net Assets Ratio
American Financial Group, Inc. working capital to net assets ratio. American Financial Group, Inc. (AFG) has a Working Capital to Net Assets ratio of -249.3% as of December 2025. Working capital of $-12.02 Billion (current assets of $11.91 Billion minus current liabilities of $23.93 Billion) is measured against net assets of $4.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of American Financial Group, Inc. (1983–2025)
Working capital to net assets ratio of American Financial Group, Inc. from 1983 to 2025. This chart shows how American Financial Group, Inc.'s Working Capital to Net Assets ratio has evolved across 41 annual periods from 1983 to 2025. As of December 2025, the ratio stands at -249.3%, reflecting working capital of $-12.02 Billion against net assets of $4.82 Billion USD. Explore American Financial Group, Inc. (AFG) investment intensity to see how much of total assets are deployed in long-term investments.
American Financial Group, Inc. Working Capital to Net Assets Ratio by Year (1983–2025)
American Financial Group, Inc. working capital to net assets ratio by year from 1983 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for American Financial Group, Inc. from 1983 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see balance sheet size of American Financial Group, Inc..
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -249.3% | $-12.02 Billion | $4.82 Billion | $11.91 Billion | $23.93 Billion | ▼ -256.7 pp |
| 2024 | 7.3% | $327.00 Million | $4.47 Billion | $2.94 Billion | $2.61 Billion | ▲ +3.4 pp |
| 2023 | 4.0% | $169.00 Million | $4.26 Billion | $2.70 Billion | $2.53 Billion | ▲ +7.8 pp |
| 2022 | -3.8% | $-154.00 Million | $4.05 Billion | $2.21 Billion | $2.37 Billion | ▼ -347.2 pp |
| 2021 | 343.4% | $17.21 Billion | $5.01 Billion | $18.13 Billion | $920.00 Million | ▼ -503.5 pp |
| 2020 | 846.8% | $57.49 Billion | $6.79 Billion | $58.30 Billion | $807.00 Million | ▼ -10.2 pp |
| 2019 | 857.1% | $53.73 Billion | $6.27 Billion | $54.54 Billion | $814.00 Million | ▲ +1107.2 pp |
| 2018 | -250.2% | $-12.44 Billion | $4.97 Billion | $44.75 Billion | $57.18 Billion | ▲ +696.2 pp |
| 2017 | -946.4% | $-50.48 Billion | $5.33 Billion | $3.55 Billion | $54.03 Billion | ▼ -17.1 pp |
| 2016 | -929.3% | $-45.71 Billion | $4.92 Billion | $3.16 Billion | $48.87 Billion | ▼ -50.4 pp |
| 2015 | -878.9% | $-41.92 Billion | $4.77 Billion | $2.32 Billion | $44.25 Billion | ▼ -103.9 pp |
| 2014 | -775.0% | $-39.17 Billion | $5.05 Billion | $2.43 Billion | $41.59 Billion | ▼ -796.5 pp |
| 2013 | 21.5% | $1.03 Billion | $4.77 Billion | $2.38 Billion | $1.35 Billion | ▼ -2.9 pp |
| 2012 | 24.4% | $1.16 Billion | $4.75 Billion | $2.34 Billion | $1.18 Billion | ▲ +6.6 pp |
| 2011 | 17.9% | $814.00 Million | $4.56 Billion | $1.89 Billion | $1.07 Billion | ▲ +6.6 pp |
| 2010 | 11.3% | $522.00 Million | $4.62 Billion | $1.63 Billion | $1.11 Billion | ▼ -90.4 pp |
| 2009 | 101.7% | $3.98 Billion | $3.92 Billion | $5.57 Billion | $1.58 Billion | ▼ -65.9 pp |
| 2008 | 167.6% | $4.36 Billion | $2.60 Billion | $6.20 Billion | $1.84 Billion | ▲ +67.4 pp |
| 2007 | 100.2% | $3.15 Billion | $3.15 Billion | $5.04 Billion | $1.89 Billion | ▼ -19.2 pp |
| 2006 | 119.5% | $3.84 Billion | $3.21 Billion | $5.55 Billion | $1.71 Billion | ▲ +6130.7 pp |
| 2005 | -6011.2% | $-163.42 Billion | $2.72 Billion | $-144.07 Billion | $19.36 Billion | ▲ +117.6 pp |
| 2004 | -6128.8% | $-162.42 Billion | $2.65 Billion | $-143.32 Billion | $19.10 Billion | ▲ +1178.5 pp |
| 2003 | -7307.3% | $-165.42 Billion | $2.26 Billion | $-148.13 Billion | $17.28 Billion | ▼ -6626.9 pp |
| 2002 | -680.4% | $-14.95 Billion | $2.20 Billion | $1.89 Billion | $16.83 Billion | ▲ +13.8 pp |
| 2001 | -694.2% | $-13.56 Billion | $1.95 Billion | $1.46 Billion | $15.02 Billion | ▼ -76.3 pp |
| 2000 | -617.9% | $-12.71 Billion | $2.06 Billion | $1.38 Billion | $14.09 Billion | ▲ +76.9 pp |
| 1999 | -694.8% | $-12.71 Billion | $1.83 Billion | $1.27 Billion | $13.98 Billion | ▼ -144.5 pp |
| 1998 | -550.3% | $-12.31 Billion | $2.24 Billion | $1.22 Billion | $13.54 Billion | ▲ +16.0 pp |
| 1997 | -566.3% | $-12.32 Billion | $2.18 Billion | $1.19 Billion | $13.51 Billion | ▲ +15.6 pp |
| 1996 | -581.9% | $-11.92 Billion | $2.05 Billion | $1.06 Billion | $12.98 Billion | ▲ +67.0 pp |
| 1995 | -648.9% | $-11.38 Billion | $1.75 Billion | $1.25 Billion | $12.63 Billion | ▼ -719.1 pp |
| 1993 | 70.3% | $1.22 Billion | $1.74 Billion | $3.55 Billion | $2.33 Billion | ▲ +8.8 pp |
| 1991 | 61.5% | $920.40 Million | $1.50 Billion | $2.82 Billion | $1.90 Billion | ▼ -71.1 pp |
| 1990 | 132.6% | $2.20 Billion | $1.66 Billion | $2.61 Billion | $403.10 Million | ▲ +69.8 pp |
| 1989 | 62.8% | $1.16 Billion | $1.84 Billion | $2.51 Billion | $1.35 Billion | ▼ -15.6 pp |
| 1988 | 78.4% | $1.39 Billion | $1.77 Billion | $2.02 Billion | $630.00 Million | ▲ +3.4 pp |
| 1987 | 75.0% | $1.24 Billion | $1.66 Billion | $2.03 Billion | $789.00 Million | ▲ +4.8 pp |
| 1986 | 70.2% | $1.47 Billion | $2.09 Billion | $2.16 Billion | $695.00 Million | ▲ +45.3 pp |
| 1985 | 24.9% | $454.20 Million | $1.83 Billion | $1.50 Billion | $1.05 Billion | ▲ +93.4 pp |
| 1984 | -68.5% | $-1.11 Billion | $1.62 Billion | $38.00 Million | $1.15 Billion | ▲ +8.8 pp |
| 1983 | -77.3% | $-1.11 Billion | $1.44 Billion | $318.00 Million | $1.43 Billion | — |