AFGE FY 2015 Earnings Report — American Financial Group, Inc. Revenue & Financial Results | Market Cap Arena

American Financial Group, Inc.AFGE

FY 2015 Earnings

Reported February 26, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$6.3B	—	$5.7B	—	11.1%
Op. Income	$884M	—	$730M	—	21.1%
Gross Margin	97.9%	—	101.1%	—	-3.2pp
Net Margin	5.6%	—	8.0%	—	-2.4pp
EPS (Diluted)	$3.94	—	$4.97	—	-20.7%
Free Cash Flow	$1.3B	—	$1.2B	—	1.6%

Revenue Flow

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$134M
GROSS PROFIT	$6.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$627M
Operating Expenses	$627M
Cost & Expenses	$5.5B
OPERATING INCOME	$884M
Interest Income	$0
Interest Expense	$74M
Other Income/Expenses	-$4.8B
INCOME BEFORE TAX	$565M
Income Tax Expense	$195M
Net Income from Continuing Ops	$370M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$352M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$352M
D&A	$134M
EBIT	$640M
EBITDA	$5.4B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$134M
GROSS PROFIT	$6.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$627M
Operating Expenses	$627M
Cost & Expenses	$5.5B
OPERATING INCOME	$884M
Interest Income	$0
Interest Expense	$74M
Other Income/Expenses	-$4.8B
INCOME BEFORE TAX	$565M
Income Tax Expense	$195M
Net Income from Continuing Ops	$370M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$352M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$352M
D&A	$134M
EBIT	$640M
EBITDA	$5.4B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$352M
Depreciation & Amortization	-$134M
Stock-Based Compensation	$27M
Deferred Income Tax	$0
Other Non-Cash Items	$644M
Change in Working Capital	$231M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$102M
Acquisitions (Net)	$75M
Purchases of Investments	-$10.0B
Sales/Maturities of Investments	$5.5B
Other Investing Activities	-$10M
NET CASH FROM INVESTING	-$4.6B
Net Debt Issuance	-$47M
Common Stock Repurchased	-$126M
Common Dividends Paid	-$88M
Other Financing Activities	$3.4B
NET CASH FROM FINANCING	$3.1B
FREE CASH FLOW	$1.3B
Net Change in Cash	-$123M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$0
Net Receivables	$937M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.0B
PP&E (Net)	$35.2B
Goodwill	$199M
Intangible Assets	$240M
Long-Term Investments	$947M
Tax Assets	$886M
Other Non-Current Assets	$7.0B
TOTAL NON-CURRENT ASSETS	$44.4B
TOTAL ASSETS	$47.4B
Account Payables	$591M
Short-Term Debt	$0
Deferred Revenue	$2.1B
Other Current Liabilities	$5.5B
TOTAL CURRENT LIABILITIES	$6.1B
Long-Term Debt	$998M
Deferred Revenue NC	$28.3B
Deferred Tax Liabilities	$657M
Other Non-Current Liabilities	$34.9B
TOTAL NON-CURRENT LIABILITIES	$36.5B
TOTAL LIABILITIES	$42.6B
Common Stock	$87M
Additional Paid-In Capital	$1.2B
Retained Earnings	$3.0B
Treasury Stock	$0
Accum. Other Comp. Income	$1.3B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.6B
Minority Interest	$178M
TOTAL EQUITY	$4.8B
TOTAL LIABILITIES & EQUITY	$47.4B
Total Debt	$998M
Net Debt	-$222M