American Financial Group vs Loews
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put American Financial Group and Loews side by side, using each one’s latest annual report. Here is what stands out:
- Loews is the larger business, with $18.5B of revenue in fiscal 2025 against $8.2B for American Financial Group, about 2.3 times as much.
- Loews grew revenue faster (5.4%, against −1.8%).
- American Financial Group earned a higher return on the capital invested in it (17.8%, against 9.5%).
- Investors pay more for each dollar of Loews’s earnings: a P/E of 13.7x against 13.2x for American Financial Group.
Who comes out ahead
Of the 7 measures where higher (or lower) is clearly better, how many each company leads.
American Financial Group
AFG
4/7
Net marginReturn on capitalReturn on equityNet debt / EBITDA
Loews
L
3/7
Revenue growth5-year growthShare count change
Side by side
Best in the row
| Latest fiscal year | AFG FY25 | L FY25 |
|---|---|---|
| Size | ||
| Market cap | $12.5B | $22.9B |
| Revenue | $8.2B | $18.5B |
| Free cash flow | — | $2.7B |
| Net income | $842M | $1.7B |
| Growth | ||
| Revenue growth | −1.8% | 5.4% |
| 5-year growth | 7.2% | 8.0% |
| Share count change | −0.5% | −5.2% |
| Profitability | ||
| Gross margin | — | — |
| Operating margin | 13.1% | — |
| Net margin | 10.3% | 9.0% |
| FCF margin | — | 14.6% |
| Return on capital | 17.8% | 9.5% |
| Return on equity | 18.1% | 9.3% |
| Balance sheet | ||
| Net debt | $93.0M | $3.0B |
| Net debt / EBITDA | 0.1x | 0.9x |
| Dividends and buybacks | $705M | $858M |
| Valuation & quality | ||
| P/E | 13.2x | 13.7x |
| Piotroski F-score | — | — |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.