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Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and Digital Realty (DLR). 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 $1.6B, roughly 1.3× Digital Realty). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 6.0%, a 8.5% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs -4.0%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 4.0%).
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.
Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.
AFG vs DLR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.6B |
| Net Profit | $299.0M | $98.6M |
| Gross Margin | — | — |
| Operating Margin | 18.4% | 6.9% |
| Net Margin | 14.5% | 6.0% |
| Revenue YoY | -4.0% | 16.1% |
| Net Profit YoY | 17.3% | -10.3% |
| EPS (diluted) | $3.59 | $0.22 |
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.
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.1B | $1.6B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.9B | $1.4B | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $1.9B | $1.4B |
| Q1 26 | — | $98.6M | ||
| Q4 25 | $299.0M | $98.6M | ||
| Q3 25 | $215.0M | $67.8M | ||
| Q2 25 | $174.0M | $1.0B | ||
| Q1 25 | $154.0M | $110.0M | ||
| Q4 24 | $255.0M | $189.6M | ||
| Q3 24 | $181.0M | $51.2M | ||
| Q2 24 | $209.0M | $80.2M |
| Q1 26 | — | 6.9% | ||
| Q4 25 | 18.4% | 6.9% | ||
| Q3 25 | 11.5% | 8.8% | ||
| Q2 25 | 11.9% | 14.2% | ||
| Q1 25 | 10.6% | 13.9% | ||
| Q4 24 | 14.9% | 10.1% | ||
| Q3 24 | 9.7% | 11.8% | ||
| Q2 24 | 14.3% | 0.7% |
| Q1 26 | — | 6.0% | ||
| Q4 25 | 14.5% | 6.0% | ||
| Q3 25 | 9.2% | 4.3% | ||
| Q2 25 | 9.0% | 69.1% | ||
| Q1 25 | 8.3% | 7.8% | ||
| Q4 24 | 11.9% | 13.2% | ||
| Q3 24 | 7.6% | 3.6% | ||
| Q2 24 | 11.0% | 5.9% |
| Q1 26 | — | $0.22 | ||
| Q4 25 | $3.59 | $0.22 | ||
| Q3 25 | $2.58 | $0.15 | ||
| Q2 25 | $2.07 | $2.94 | ||
| Q1 25 | $1.84 | $0.27 | ||
| Q4 24 | $3.03 | $0.50 | ||
| Q3 24 | $2.16 | $0.09 | ||
| Q2 24 | $2.49 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7B | $3.5B |
| Total DebtLower is stronger | $1.8B | — |
| Stockholders' EquityBook value | $4.8B | $22.9B |
| Total Assets | $32.6B | $49.4B |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.5B | ||
| Q4 25 | $1.7B | $3.5B | ||
| Q3 25 | $1.8B | $3.3B | ||
| Q2 25 | $1.3B | $3.6B | ||
| Q1 25 | $1.3B | $2.3B | ||
| Q4 24 | $1.4B | $3.9B | ||
| Q3 24 | $1.3B | $2.2B | ||
| Q2 24 | $1.1B | $2.3B |
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — |
| Q1 26 | — | $22.9B | ||
| Q4 25 | $4.8B | $22.9B | ||
| Q3 25 | $4.7B | $23.0B | ||
| Q2 25 | $4.5B | $22.9B | ||
| Q1 25 | $4.4B | $21.3B | ||
| Q4 24 | $4.5B | $21.3B | ||
| Q3 24 | $4.7B | $21.2B | ||
| Q2 24 | $4.4B | $20.5B |
| Q1 26 | — | $49.4B | ||
| Q4 25 | $32.6B | $49.4B | ||
| Q3 25 | $33.8B | $48.7B | ||
| Q2 25 | $30.7B | $48.7B | ||
| Q1 25 | $30.3B | $45.1B | ||
| Q4 24 | $30.8B | $45.3B | ||
| Q3 24 | $32.6B | $45.3B | ||
| Q2 24 | $29.9B | $43.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.33× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $784.0M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 2.62× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $784.0M | $719.0M | ||
| Q3 25 | $216.0M | $652.9M | ||
| Q2 25 | $191.0M | $641.2M | ||
| Q1 25 | $342.0M | $399.1M | ||
| Q4 24 | $674.0M | $769.5M | ||
| Q3 24 | $459.0M | $566.5M | ||
| Q2 24 | $-88.0M | $573.2M |
| Q1 26 | — | — | ||
| Q4 25 | 2.62× | 7.29× | ||
| Q3 25 | 1.00× | 9.63× | ||
| Q2 25 | 1.10× | 0.62× | ||
| Q1 25 | 2.22× | 3.63× | ||
| Q4 24 | 2.64× | 4.06× | ||
| Q3 24 | 2.54× | 11.07× | ||
| Q2 24 | -0.42× | 7.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AFG
| Property And Casualty Insurance | $2.0B | 96% |
| Other | $83.0M | 4% |
DLR
Segment breakdown not available.
