AFGD Q4 2016 Earnings Report — American Financial Group, Inc. Revenue & Financial Results | Market Cap Arena

American Financial Group, Inc.AFGD

Q4 2016 Earnings

Reported February 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$1.7B	$1.7B	—	1.7%	—
Op. Income	$379M	$197M	—	92.4%	—
Gross Margin	100.0%	102.3%	—	-2.3pp	—
Net Margin	22.7%	6.5%	—	16.2pp	—
EPS (Diluted)	$4.34	$1.23	—	252.8%	—
Free Cash Flow	$404M	$250M	—	61.6%	—

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$0
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$4.3B
Operating Expenses	$1.4B
Cost & Expenses	$1.4B
OPERATING INCOME	$379M
Interest Income	$0
Interest Expense	$21M
Other Income/Expenses	-$62M
INCOME BEFORE TAX	$317M
Income Tax Expense	-$71M
Net Income from Continuing Ops	$388M
Net Income from Discontinued Ops	$0
Other Adjustments	-$3M
NET INCOME	$385M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$385M
D&A	-$379M
EBIT	$338M
EBITDA	-$454M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$0
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$4.3B
Operating Expenses	$1.4B
Cost & Expenses	$1.4B
OPERATING INCOME	$379M
Interest Income	$0
Interest Expense	$21M
Other Income/Expenses	-$62M
INCOME BEFORE TAX	$317M
Income Tax Expense	-$71M
Net Income from Continuing Ops	$388M
Net Income from Discontinued Ops	$0
Other Adjustments	-$3M
NET INCOME	$385M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$385M
D&A	-$379M
EBIT	$338M
EBITDA	-$454M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$385M
Depreciation & Amortization	$43M
Stock-Based Compensation	$7M
Deferred Income Tax	$0
Other Non-Cash Items	$59M
Change in Working Capital	-$90M
OPERATING CASH FLOW	$404M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$1.5B
Sales/Maturities of Investments	$1.3B
Other Investing Activities	-$462M
NET CASH FROM INVESTING	-$462M
Net Debt Issuance	-$18M
Common Stock Repurchased	-$9M
Common Dividends Paid	-$113M
Other Financing Activities	$980M
NET CASH FROM FINANCING	$526M
FREE CASH FLOW	$404M
Net Change in Cash	$468M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.1B
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$0
Goodwill	$199M
Intangible Assets	$1.3B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$51.5B
TOTAL NON-CURRENT ASSETS	$53.0B
TOTAL ASSETS	$55.1B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$0
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$1.3B
TOTAL LIABILITIES	$1.3B
Common Stock	$87M
Additional Paid-In Capital	$1.1B
Retained Earnings	$3.3B
Treasury Stock	$0
Accum. Other Comp. Income	$375M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.9B
Minority Interest	$3M
TOTAL EQUITY	$4.9B
TOTAL LIABILITIES & EQUITY	$6.2B
Total Debt	$1.3B
Net Debt	-$802M