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Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and BRUNSWICK CORP (BC). Click either name above to swap in a different company.

AMERICAN FINANCIAL GROUP INC is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× BRUNSWICK CORP). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 1.5%, a 13.0% gap on every dollar of revenue. On growth, BRUNSWICK CORP posted the faster year-over-year revenue change (17.3% vs -4.0%). Over the past eight quarters, AMERICAN FINANCIAL GROUP INC's revenue compounded faster (4.0% CAGR vs -2.3%).

The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.

Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees in 24 countries. Brunswick owns a number of brands, including Mercury Marine. In 2024, Brunswick reported sales of US$5.2 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.

AFG vs BC — Head-to-Head

Bigger by revenue
AFG
AFG
1.5× larger
AFG
$2.1B
$1.4B
BC
Growing faster (revenue YoY)
BC
BC
+21.3% gap
BC
17.3%
-4.0%
AFG
Higher net margin
AFG
AFG
13.0% more per $
AFG
14.5%
1.5%
BC
Faster 2-yr revenue CAGR
AFG
AFG
Annualised
AFG
4.0%
-2.3%
BC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AFG
AFG
BC
BC
Revenue
$2.1B
$1.4B
Net Profit
$299.0M
$21.0M
Gross Margin
24.9%
Operating Margin
18.4%
3.6%
Net Margin
14.5%
1.5%
Revenue YoY
-4.0%
17.3%
Net Profit YoY
17.3%
EPS (diluted)
$3.59
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFG
AFG
BC
BC
Q1 26
$1.4B
Q4 25
$2.1B
$1.3B
Q3 25
$2.3B
$1.4B
Q2 25
$1.9B
$1.4B
Q1 25
$1.9B
$1.2B
Q4 24
$2.1B
$1.2B
Q3 24
$2.4B
$1.3B
Q2 24
$1.9B
$1.4B
Net Profit
AFG
AFG
BC
BC
Q1 26
$21.0M
Q4 25
$299.0M
$18.7M
Q3 25
$215.0M
$-235.5M
Q2 25
$174.0M
$59.3M
Q1 25
$154.0M
$20.2M
Q4 24
$255.0M
$-82.5M
Q3 24
$181.0M
$44.6M
Q2 24
$209.0M
$100.0M
Gross Margin
AFG
AFG
BC
BC
Q1 26
24.9%
Q4 25
23.1%
Q3 25
25.8%
Q2 25
25.5%
Q1 25
24.9%
Q4 24
21.9%
Q3 24
26.2%
Q2 24
27.1%
Operating Margin
AFG
AFG
BC
BC
Q1 26
3.6%
Q4 25
18.4%
3.1%
Q3 25
11.5%
-17.8%
Q2 25
11.9%
7.1%
Q1 25
10.6%
4.6%
Q4 24
14.9%
-4.8%
Q3 24
9.7%
7.7%
Q2 24
14.3%
11.0%
Net Margin
AFG
AFG
BC
BC
Q1 26
1.5%
Q4 25
14.5%
1.4%
Q3 25
9.2%
-17.3%
Q2 25
9.0%
4.1%
Q1 25
8.3%
1.7%
Q4 24
11.9%
-7.1%
Q3 24
7.6%
3.5%
Q2 24
11.0%
6.9%
EPS (diluted)
AFG
AFG
BC
BC
Q1 26
$0.32
Q4 25
$3.59
$0.32
Q3 25
$2.58
$-3.59
Q2 25
$2.07
$0.89
Q1 25
$1.84
$0.30
Q4 24
$3.03
$-1.21
Q3 24
$2.16
$0.67
Q2 24
$2.49
$1.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFG
AFG
BC
BC
Cash + ST InvestmentsLiquidity on hand
$1.7B
$277.8M
Total DebtLower is stronger
$1.8B
$490.2M
Stockholders' EquityBook value
$4.8B
$1.6B
Total Assets
$32.6B
$5.5B
Debt / EquityLower = less leverage
0.38×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFG
AFG
BC
BC
Q1 26
$277.8M
Q4 25
$1.7B
$256.8M
Q3 25
$1.8B
$297.7M
Q2 25
$1.3B
$315.7M
Q1 25
$1.3B
$286.7M
Q4 24
$1.4B
$269.0M
Q3 24
$1.3B
$284.1M
Q2 24
$1.1B
$494.5M
Total Debt
AFG
AFG
BC
BC
Q1 26
$490.2M
Q4 25
$1.8B
$2.1B
Q3 25
$1.8B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
$2.4B
Q3 24
$1.5B
Q2 24
$1.5B
Stockholders' Equity
AFG
AFG
BC
BC
Q1 26
$1.6B
Q4 25
$4.8B
$1.6B
Q3 25
$4.7B
$1.6B
Q2 25
$4.5B
$1.9B
Q1 25
$4.4B
$1.9B
Q4 24
$4.5B
$1.9B
Q3 24
$4.7B
$2.0B
Q2 24
$4.4B
$2.0B
Total Assets
AFG
AFG
BC
BC
Q1 26
$5.5B
Q4 25
$32.6B
$5.3B
Q3 25
$33.8B
$5.4B
Q2 25
$30.7B
$5.8B
Q1 25
$30.3B
$5.9B
Q4 24
$30.8B
$5.7B
Q3 24
$32.6B
$6.0B
Q2 24
$29.9B
$6.4B
Debt / Equity
AFG
AFG
BC
BC
Q1 26
0.31×
Q4 25
0.38×
1.30×
Q3 25
0.38×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.33×
1.25×
Q3 24
0.31×
Q2 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFG
AFG
BC
BC
Operating Cash FlowLast quarter
$784.0M
Free Cash FlowOCF − Capex
$-116.8M
FCF MarginFCF / Revenue
-8.5%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
2.62×
TTM Free Cash FlowTrailing 4 quarters
$344.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFG
AFG
BC
BC
Q1 26
Q4 25
$784.0M
$132.9M
Q3 25
$216.0M
$140.4M
Q2 25
$191.0M
$316.2M
Q1 25
$342.0M
$-27.4M
Q4 24
$674.0M
$306.4M
Q3 24
$459.0M
$67.4M
Q2 24
$-88.0M
$211.0M
Free Cash Flow
AFG
AFG
BC
BC
Q1 26
$-116.8M
Q4 25
$83.6M
Q3 25
$106.5M
Q2 25
$271.3M
Q1 25
$-65.1M
Q4 24
$276.1M
Q3 24
$31.4M
Q2 24
$163.9M
FCF Margin
AFG
AFG
BC
BC
Q1 26
-8.5%
Q4 25
6.3%
Q3 25
7.8%
Q2 25
18.7%
Q1 25
-5.3%
Q4 24
23.9%
Q3 24
2.5%
Q2 24
11.4%
Capex Intensity
AFG
AFG
BC
BC
Q1 26
4.2%
Q4 25
3.7%
Q3 25
2.5%
Q2 25
3.1%
Q1 25
3.1%
Q4 24
2.6%
Q3 24
2.8%
Q2 24
3.3%
Cash Conversion
AFG
AFG
BC
BC
Q1 26
Q4 25
2.62×
7.11×
Q3 25
1.00×
Q2 25
1.10×
5.33×
Q1 25
2.22×
-1.36×
Q4 24
2.64×
Q3 24
2.54×
1.51×
Q2 24
-0.42×
2.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFG
AFG

Property And Casualty Insurance$2.0B96%
Other$83.0M4%

BC
BC

Segment breakdown not available.

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