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American Financial Group (American Financial Group) Retained Earnings : $3,121 Mil (As of Dec. 2023)


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What is American Financial Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. American Financial Group's retained earnings for the quarter that ended in Dec. 2023 was $3,121 Mil.

American Financial Group's quarterly retained earnings increased from Jun. 2023 ($3,042 Mil) to Sep. 2023 ($3,095 Mil) and increased from Sep. 2023 ($3,095 Mil) to Dec. 2023 ($3,121 Mil).

American Financial Group's annual retained earnings declined from Dec. 2021 ($3,478 Mil) to Dec. 2022 ($3,142 Mil) and declined from Dec. 2022 ($3,142 Mil) to Dec. 2023 ($3,121 Mil).


American Financial Group Retained Earnings Historical Data

The historical data trend for American Financial Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Financial Group Retained Earnings Chart

American Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,009.00 4,149.00 3,478.00 3,142.00 3,121.00

American Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,142.00 2,933.00 3,042.00 3,095.00 3,121.00

American Financial Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


American Financial Group  (NYSE:AFG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


American Financial Group (American Financial Group) Business Description

Traded in Other Exchanges
Address
301 East Fourth Street, Cincinnati, OH, USA, 45202
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.
Executives
Amy Y Murray director 3429 ARNOLD STREET, CINCINNATI OH 45202
William W Verity director 301 EAST FOURTH STREET, CINCINNATI OH 45202
Terry S Jacobs director 301 EAST FOURTH STREET, CINCINNATI OH 45202
Von Lehman John I director 301 EAST FOURTH STREET, 38TH FLOOR, CINCINNATI OH 45202
John B Berding director 301 E. FOURTH ST., 27TH FLOOR, CINCINNATI OH 45202
Mark A Weiss officer: Senior VP & General Counsel 301 EAST FOURTH STREET, CINCINNATI OH 45202
Michelle A Gillis officer: Sr. Vice President 301 E. FOURTH STREET, 39TH FLOOR, CINCINNATI OH 45202
Brian S. Hertzman other: principal financial officer 301 EAST FOURTH STREET, CINCINNATI OH 45202
Thompson David Lawrence Jr officer: President of Subsidiary 301 EAST FOURTH STREET, CINCINNATI OH 45202
James E Evans director, officer: Sr. V. Pres. & Gen. Counsel 301 E FOURTH STREET, CINCINNATI OH 45202
Lindner Carl H Iii director, officer: Co-President 14TH FLOOR PROVIDENT TOWER, ONE EAST FOURTH STREET, CINCINNATI OH 45202
S Craig Lindner director, officer: Co-President ONE EAST FOURTH STREET, CINCINNATI OH 45202
Vito C Peraino officer: Sr. VP & General Counsel 301 EAST FOURTH STREET, CINCINNATI OH 45202
Evans N Nwankwo director 301 EAST FOURTH STREET, 38TH FLOOR, CINCINNATI OH 45202
Kenneth C Ambrecht director 250 EAST FIFTH STREET, CINCINNATI OH 45202