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

DaVita is the larger business by last-quarter revenue ($3.6B vs $2.1B, roughly 1.8× AMERICAN FINANCIAL GROUP INC). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 6.5%, a 8.0% gap on every dollar of revenue. On growth, DaVita posted the faster year-over-year revenue change (12.3% vs -4.0%). Over the past eight quarters, DaVita's revenue compounded faster (6.6% CAGR vs 4.0%).

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

DaVita Inc. is an American company that provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis, often 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation.

AFG vs DVA — Head-to-Head

Bigger by revenue
DVA
DVA
1.8× larger
DVA
$3.6B
$2.1B
AFG
Growing faster (revenue YoY)
DVA
DVA
+16.3% gap
DVA
12.3%
-4.0%
AFG
Higher net margin
AFG
AFG
8.0% more per $
AFG
14.5%
6.5%
DVA
Faster 2-yr revenue CAGR
DVA
DVA
Annualised
DVA
6.6%
4.0%
AFG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AFG
AFG
DVA
DVA
Revenue
$2.1B
$3.6B
Net Profit
$299.0M
$234.2M
Gross Margin
Operating Margin
18.4%
15.5%
Net Margin
14.5%
6.5%
Revenue YoY
-4.0%
12.3%
Net Profit YoY
17.3%
43.8%
EPS (diluted)
$3.59
$3.22

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.

Revenue
AFG
AFG
DVA
DVA
Q1 26
$3.6B
Q4 25
$2.1B
$3.6B
Q3 25
$2.3B
$3.4B
Q2 25
$1.9B
$3.4B
Q1 25
$1.9B
$3.2B
Q4 24
$2.1B
$3.3B
Q3 24
$2.4B
$3.3B
Q2 24
$1.9B
$3.2B
Net Profit
AFG
AFG
DVA
DVA
Q1 26
$234.2M
Q4 25
$299.0M
$234.2M
Q3 25
$215.0M
$150.3M
Q2 25
$174.0M
$199.3M
Q1 25
$154.0M
$162.9M
Q4 24
$255.0M
$259.3M
Q3 24
$181.0M
$214.7M
Q2 24
$209.0M
$222.7M
Operating Margin
AFG
AFG
DVA
DVA
Q1 26
15.5%
Q4 25
18.4%
15.5%
Q3 25
11.5%
14.8%
Q2 25
11.9%
15.9%
Q1 25
10.6%
13.6%
Q4 24
14.9%
17.2%
Q3 24
9.7%
16.4%
Q2 24
14.3%
15.9%
Net Margin
AFG
AFG
DVA
DVA
Q1 26
6.5%
Q4 25
14.5%
6.5%
Q3 25
9.2%
4.4%
Q2 25
9.0%
5.9%
Q1 25
8.3%
5.1%
Q4 24
11.9%
7.9%
Q3 24
7.6%
6.6%
Q2 24
11.0%
7.0%
EPS (diluted)
AFG
AFG
DVA
DVA
Q1 26
$3.22
Q4 25
$3.59
$3.22
Q3 25
$2.58
$2.04
Q2 25
$2.07
$2.58
Q1 25
$1.84
$2.00
Q4 24
$3.03
$3.08
Q3 24
$2.16
$2.50
Q2 24
$2.49
$2.50

Balance Sheet & Financial Strength

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

Metric
AFG
AFG
DVA
DVA
Cash + ST InvestmentsLiquidity on hand
$1.7B
$700.7M
Total DebtLower is stronger
$1.8B
$10.2B
Stockholders' EquityBook value
$4.8B
$-651.1M
Total Assets
$32.6B
$17.5B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFG
AFG
DVA
DVA
Q1 26
$700.7M
Q4 25
$1.7B
$700.7M
Q3 25
$1.8B
$736.5M
Q2 25
$1.3B
$739.4M
Q1 25
$1.3B
$511.9M
Q4 24
$1.4B
$846.0M
Q3 24
$1.3B
$1.1B
Q2 24
$1.1B
$437.2M
Total Debt
AFG
AFG
DVA
DVA
Q1 26
$10.2B
Q4 25
$1.8B
$10.2B
Q3 25
$1.8B
$10.2B
Q2 25
$1.5B
$10.1B
Q1 25
$1.5B
$9.6B
Q4 24
$1.5B
$9.2B
Q3 24
$1.5B
$9.3B
Q2 24
$1.5B
$8.5B
Stockholders' Equity
AFG
AFG
DVA
DVA
Q1 26
$-651.1M
Q4 25
$4.8B
$-651.1M
Q3 25
$4.7B
$-571.9M
Q2 25
$4.5B
$-369.6M
Q1 25
$4.4B
$-267.1M
Q4 24
$4.5B
$121.1M
Q3 24
$4.7B
$386.7M
Q2 24
$4.4B
$632.9M
Total Assets
AFG
AFG
DVA
DVA
Q1 26
$17.5B
Q4 25
$32.6B
$17.5B
Q3 25
$33.8B
$17.6B
Q2 25
$30.7B
$17.5B
Q1 25
$30.3B
$17.1B
Q4 24
$30.8B
$17.3B
Q3 24
$32.6B
$17.5B
Q2 24
$29.9B
$17.0B
Debt / Equity
AFG
AFG
DVA
DVA
Q1 26
Q4 25
0.38×
Q3 25
0.38×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.33×
75.76×
Q3 24
0.31×
23.95×
Q2 24
0.34×
13.35×

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
DVA
DVA
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.

Operating Cash Flow
AFG
AFG
DVA
DVA
Q1 26
Q4 25
$784.0M
$540.7M
Q3 25
$216.0M
$841.5M
Q2 25
$191.0M
$324.2M
Q1 25
$342.0M
$180.0M
Q4 24
$674.0M
$547.6M
Q3 24
$459.0M
$810.4M
Q2 24
$-88.0M
$798.8M
Free Cash Flow
AFG
AFG
DVA
DVA
Q1 26
Q4 25
$395.3M
Q3 25
$675.4M
Q2 25
$203.1M
Q1 25
$36.8M
Q4 24
$377.0M
Q3 24
$671.4M
Q2 24
$674.1M
FCF Margin
AFG
AFG
DVA
DVA
Q1 26
Q4 25
10.9%
Q3 25
19.7%
Q2 25
6.0%
Q1 25
1.1%
Q4 24
11.4%
Q3 24
20.6%
Q2 24
21.2%
Capex Intensity
AFG
AFG
DVA
DVA
Q1 26
Q4 25
4.0%
Q3 25
4.9%
Q2 25
3.6%
Q1 25
4.4%
Q4 24
5.2%
Q3 24
4.3%
Q2 24
3.9%
Cash Conversion
AFG
AFG
DVA
DVA
Q1 26
Q4 25
2.62×
2.31×
Q3 25
1.00×
5.60×
Q2 25
1.10×
1.63×
Q1 25
2.22×
1.10×
Q4 24
2.64×
2.11×
Q3 24
2.54×
3.77×
Q2 24
-0.42×
3.59×

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%

DVA
DVA

Segment breakdown not available.

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