---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-020439"
form_type: "8-K"
ticker: "AFG"
cik: "0001042046"
company_name: "AMERICAN FINANCIAL GROUP INC"
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:19:42.221368+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AFG Q4 core EPS $3.12 vs $2.84 YoY; guides 2025 core EPS ~$10.50

## Summary
- Net earnings Q4 $255M ($3.03); core net operating earnings $262M ($3.12).
- Full year 2024 core operating ROE 19.3% (ex AOCI); total capital returned ~$791M.
- Average renewal rate increase ex workers' comp +8% in Q4; combined ratio 89.0%.
- 2025 guidance: core EPS ~$10.50, core ROE ~18%; estimates $60-70M CA wildfire losses.
- Dividends: Q4 paid $4.80/share including $4.00 special; regular dividend increased 12.7% in year.

## SEC filing metadata
- accession: 0001193125-25-020439
- form_type: 8-K
- ticker: AFG
- cik: 0001042046
- company_name: AMERICAN FINANCIAL GROUP INC
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042046/000119312525020439/0001193125-25-020439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042046/000119312525020439/d919412d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-020439
- JSON: https://secwatch.observer/filing/0001193125-25-020439.json
- Plain text: https://secwatch.observer/filing/0001193125-25-020439.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.