AFGC Q2 2016 Earnings Report — American Financial Group, Inc. Revenue & Financial Results | Market Cap Arena

American Financial Group, Inc.AFGC

Q2 2016 Earnings

Reported August 5, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$1.5B	$1.4B	—	7.2%	—
Op. Income	$161M	$174M	—	-7.5%	—
Gross Margin	102.5%	102.4%	—	0.0pp	—
Net Margin	3.5%	7.0%	—	-3.5pp	—
EPS (Diluted)	$0.61	$1.14	—	-46.5%	—
Free Cash Flow	$88M	$408M	—	-78.4%	—

Revenue Flow

Item	Amount
REVENUE	$1.5B
Cost of Revenue	-$38M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	-$1.5B
Operating Expenses	$1.4B
Cost & Expenses	$1.4B
OPERATING INCOME	$161M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$1.4B
INCOME BEFORE TAX	$136M
Income Tax Expense	$73M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$54M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$54M
D&A	-$161M
EBIT	$0
EBITDA	-$34M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.5B
Cost of Revenue	-$38M
GROSS PROFIT	$1.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	-$1.5B
Operating Expenses	$1.4B
Cost & Expenses	$1.4B
OPERATING INCOME	$161M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$1.4B
INCOME BEFORE TAX	$136M
Income Tax Expense	$73M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$54M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$54M
D&A	-$161M
EBIT	$0
EBITDA	-$34M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$54M
Depreciation & Amortization	$25M
Stock-Based Compensation	$6M
Deferred Income Tax	$0
Other Non-Cash Items	$159M
Change in Working Capital	-$156M
OPERATING CASH FLOW	$88M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$548M
NET CASH FROM INVESTING	-$548M
Net Debt Issuance	$0
Common Stock Repurchased	-$22M
Common Dividends Paid	-$24M
Other Financing Activities	$823M
NET CASH FROM FINANCING	$777M
FREE CASH FLOW	$88M
Net Change in Cash	$317M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.5B
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$0
Goodwill	$199M
Intangible Assets	$919M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$50.1B
TOTAL NON-CURRENT ASSETS	$51.2B
TOTAL ASSETS	$52.7B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$0
Long-Term Debt	$1.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$1.7B
TOTAL LIABILITIES	$1.7B
Common Stock	$87M
Additional Paid-In Capital	$1.2B
Retained Earnings	$3.0B
Treasury Stock	$0
Accum. Other Comp. Income	$669M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.0B
Minority Interest	$193M
TOTAL EQUITY	$5.2B
TOTAL LIABILITIES & EQUITY	$6.9B
Total Debt	$1.7B
Net Debt	$185M