AFGE Q1 2016 Earnings Report — American Financial Group, Inc. Revenue & Financial Results | Market Cap Arena

American Financial Group, Inc.AFGE

Q1 2016 Earnings

Reported May 6, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$1.4B	—	—	—	—
Op. Income	$174M	—	—	—	—
Gross Margin	102.4%	—	—	—	—
Net Margin	7.0%	—	—	—	—
EPS (Diluted)	$1.14	—	—	—	—
Free Cash Flow	$390M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	-$35M
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.3B
Cost & Expenses	$1.3B
OPERATING INCOME	$174M
Interest Income	$0
Interest Expense	$18M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$156M
Income Tax Expense	$52M
Net Income from Continuing Ops	$104M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$101M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$101M
D&A	-$174M
EBIT	$1.6B
EBITDA	-$21M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	-$35M
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.3B
Cost & Expenses	$1.3B
OPERATING INCOME	$174M
Interest Income	$0
Interest Expense	$18M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$156M
Income Tax Expense	$52M
Net Income from Continuing Ops	$104M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$101M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$101M
D&A	-$174M
EBIT	$1.6B
EBITDA	-$21M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$101M
Depreciation & Amortization	$28M
Stock-Based Compensation	$8M
Deferred Income Tax	$0
Other Non-Cash Items	$228M
Change in Working Capital	$43M
OPERATING CASH FLOW	$408M
Capital Expenditure	-$18M
Acquisitions (Net)	$0
Purchases of Investments	-$2.2B
Sales/Maturities of Investments	$1.1B
Other Investing Activities	-$1.3B
NET CASH FROM INVESTING	-$1.3B
Net Debt Issuance	$0
Common Stock Repurchased	-$76M
Common Dividends Paid	-$24M
Other Financing Activities	$972M
NET CASH FROM FINANCING	$872M
FREE CASH FLOW	$390M
Net Change in Cash	$11M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.2B
PP&E (Net)	$0
Goodwill	$199M
Intangible Assets	$1.1B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$48.5B
TOTAL NON-CURRENT ASSETS	$49.8B
TOTAL ASSETS	$51.0B
Account Payables	$501M
Short-Term Debt	$0
Deferred Revenue	$2.1B
Other Current Liabilities	-$2.6B
TOTAL CURRENT LIABILITIES	$2.6B
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	$448M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.8B
Minority Interest	$182M
TOTAL EQUITY	$4.9B
TOTAL LIABILITIES & EQUITY	$6.7B
Total Debt	$1.7B
Net Debt	$502M