American Financial GroupAFE 80 Net Margin % is 10.40% as of Mar. 2026, which is 4% below its 10-year median of 10.87. GuruFocus rates AFE with a GF Score™ of 80/100. The stock has 3 warning signs investors should review. Among 503 Insurance companies, American Financial Group ranks better than 56.86% on this metric.
The historical rank and industry rank for American Financial Group's Net Margin % or its related term are showing as below:
AFE'
s Net Margin % Range Over the Past 10 Years
Min: 6.92 Med: 10.87 Max: 32.02
Current: 10.84
AFE's Net Margin % is ranked better than 56.86% of 503
companies
in the Insurance industry
Industry Median: 9.29
vs AFE: 10.84
American Financial Group (NYSE:AFE) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
American Financial Group Net Margin % Related Terms
American Financial Group Net Margin % Historical Data
* 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.
For the Insurance - Property & Casualty subindustry, American Financial Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American Financial Group Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, American Financial Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where American Financial Group's Net Margin % falls into.
* 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.
American Financial Group (AFE) has a Net Margin % of 10.40% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on American Financial Group and its competitors. This is near median its historical median of 10.87. Over the past decade, American Financial Group's Net Margin % has ranged from 6.92 to 32.02. According to the industry distribution chart, American Financial Group ranks #217 out of 503 companies in the Insurance industry, placing it in the top 43.1%.
Is American Financial Group's Net Margin % too high?
American Financial Group's current Net Margin % of 10.40% is near median its 10-year median of 10.87. Over the past 10 years, this metric has ranged from a low of 6.92 to a high of 32.02. The Insurance industry median Net Margin % is 9.29. American Financial Group's value of 10.40% is 11.9% above this industry median. Based on the distribution chart, American Financial Group ranks #217 out of 503 companies in the Insurance industry, which is above the industry midpoint. Overall, American Financial Group has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does American Financial Group's Net Margin % compare to CNA and AIZ?
According to the Insurance industry distribution chart, American Financial Group ranks #217 out of 503 companies for Net Margin %. This puts American Financial Group in the upper half of its industry. The industry median Net Margin % is 9.29. American Financial Group's value of 10.40% is 11.9% above this benchmark. Historically, American Financial Group's own Net Margin % has ranged from 6.92 to 32.02 over the past decade. While the company's 10-year median is 10.87 vs. the industry median of 9.29, American Financial Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Financial Group's current Net Margin % of 10.40% is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on American Financial Group and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Financial Group's current Net Margin % is 10.40%, which is near median its own 10-year median of 10.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Financial Group stock overvalued right now?
American Financial Group (AFE) has a current Net Margin % of 10.40%. The current Net Margin % is 10.40%, which is near median its 10-year median of 10.87 and 11.9% above the Insurance industry median of 9.29. American Financial Group's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For American Financial Group (AFE), the current Net Margin % is 10.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
American Financial Group Inc is an insurance holding company. Through its subsidiaries, it is engaged in the property and casualty insurance business, focusing on specialized commercial products for businesses. The group operates through two segments: Property and Casualty Insurance, which generates maximum revenue, and Other. The Property and Casualty Insurance segment is further divided into different sub-segments, such as Property and transportation, Specialty casualty, and Specialty financial. These sub-segments offer insurance coverage for vehicles and commercial property, customized programs for small to mid-sized businesses, workers' compensation insurance, risk management insurance programs for lending and leasing institutions, trade credit insurance, and other insurance products.
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