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Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and Fabrinet (FN). 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 $1.1B, roughly 1.8× Fabrinet). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 9.9%, a 4.6% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs -4.0%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 4.0%).

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

Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.

AFG vs FN — Head-to-Head

Bigger by revenue
AFG
AFG
1.8× larger
AFG
$2.1B
$1.1B
FN
Growing faster (revenue YoY)
FN
FN
+39.9% gap
FN
35.9%
-4.0%
AFG
Higher net margin
AFG
AFG
4.6% more per $
AFG
14.5%
9.9%
FN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
4.0%
AFG

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AFG
AFG
FN
FN
Revenue
$2.1B
$1.1B
Net Profit
$299.0M
$112.6M
Gross Margin
12.2%
Operating Margin
18.4%
10.1%
Net Margin
14.5%
9.9%
Revenue YoY
-4.0%
35.9%
Net Profit YoY
17.3%
30.0%
EPS (diluted)
$3.59
$3.11

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
FN
FN
Q4 25
$2.1B
$1.1B
Q3 25
$2.3B
$978.1M
Q2 25
$1.9B
$909.7M
Q1 25
$1.9B
$871.8M
Q4 24
$2.1B
$833.6M
Q3 24
$2.4B
$804.2M
Q2 24
$1.9B
$753.3M
Q1 24
$1.9B
$731.5M
Net Profit
AFG
AFG
FN
FN
Q4 25
$299.0M
$112.6M
Q3 25
$215.0M
$95.9M
Q2 25
$174.0M
$87.2M
Q1 25
$154.0M
$81.3M
Q4 24
$255.0M
$86.6M
Q3 24
$181.0M
$77.4M
Q2 24
$209.0M
$81.1M
Q1 24
$242.0M
$80.9M
Gross Margin
AFG
AFG
FN
FN
Q4 25
12.2%
Q3 25
11.9%
Q2 25
12.2%
Q1 25
11.7%
Q4 24
12.1%
Q3 24
12.3%
Q2 24
12.3%
Q1 24
12.4%
Operating Margin
AFG
AFG
FN
FN
Q4 25
18.4%
10.1%
Q3 25
11.5%
9.6%
Q2 25
11.9%
9.8%
Q1 25
10.6%
9.0%
Q4 24
14.9%
9.5%
Q3 24
9.7%
9.6%
Q2 24
14.3%
9.7%
Q1 24
15.9%
9.7%
Net Margin
AFG
AFG
FN
FN
Q4 25
14.5%
9.9%
Q3 25
9.2%
9.8%
Q2 25
9.0%
9.6%
Q1 25
8.3%
9.3%
Q4 24
11.9%
10.4%
Q3 24
7.6%
9.6%
Q2 24
11.0%
10.8%
Q1 24
12.7%
11.1%
EPS (diluted)
AFG
AFG
FN
FN
Q4 25
$3.59
$3.11
Q3 25
$2.58
$2.66
Q2 25
$2.07
$2.41
Q1 25
$1.84
$2.25
Q4 24
$3.03
$2.38
Q3 24
$2.16
$2.13
Q2 24
$2.49
$2.22
Q1 24
$2.89
$2.21

Balance Sheet & Financial Strength

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

Metric
AFG
AFG
FN
FN
Cash + ST InvestmentsLiquidity on hand
$1.7B
$960.8M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$4.8B
$2.2B
Total Assets
$32.6B
$3.3B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFG
AFG
FN
FN
Q4 25
$1.7B
$960.8M
Q3 25
$1.8B
$968.8M
Q2 25
$1.3B
$934.2M
Q1 25
$1.3B
$950.7M
Q4 24
$1.4B
$934.6M
Q3 24
$1.3B
$908.9M
Q2 24
$1.1B
$858.6M
Q1 24
$1.1B
$794.0M
Total Debt
AFG
AFG
FN
FN
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 24
$1.5B
Stockholders' Equity
AFG
AFG
FN
FN
Q4 25
$4.8B
$2.2B
Q3 25
$4.7B
$2.1B
Q2 25
$4.5B
$2.0B
Q1 25
$4.4B
$1.9B
Q4 24
$4.5B
$1.8B
Q3 24
$4.7B
$1.8B
Q2 24
$4.4B
$1.7B
Q1 24
$4.2B
$1.7B
Total Assets
AFG
AFG
FN
FN
Q4 25
$32.6B
$3.3B
Q3 25
$33.8B
$3.0B
Q2 25
$30.7B
$2.8B
Q1 25
$30.3B
$2.6B
Q4 24
$30.8B
$2.5B
Q3 24
$32.6B
$2.4B
Q2 24
$29.9B
$2.3B
Q1 24
$30.0B
$2.2B
Debt / Equity
AFG
AFG
FN
FN
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×
Q1 24
0.35×

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
FN
FN
Operating Cash FlowLast quarter
$784.0M
$46.3M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
2.62×
0.41×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFG
AFG
FN
FN
Q4 25
$784.0M
$46.3M
Q3 25
$216.0M
$102.6M
Q2 25
$191.0M
$55.1M
Q1 25
$342.0M
$74.2M
Q4 24
$674.0M
$115.9M
Q3 24
$459.0M
$83.2M
Q2 24
$-88.0M
$83.1M
Q1 24
$107.0M
$100.9M
Free Cash Flow
AFG
AFG
FN
FN
Q4 25
$-5.3M
Q3 25
$57.3M
Q2 25
$4.7M
Q1 25
$45.7M
Q4 24
$94.0M
Q3 24
$62.9M
Q2 24
$70.4M
Q1 24
$87.3M
FCF Margin
AFG
AFG
FN
FN
Q4 25
-0.5%
Q3 25
5.9%
Q2 25
0.5%
Q1 25
5.2%
Q4 24
11.3%
Q3 24
7.8%
Q2 24
9.3%
Q1 24
11.9%
Capex Intensity
AFG
AFG
FN
FN
Q4 25
4.6%
Q3 25
4.6%
Q2 25
5.5%
Q1 25
3.3%
Q4 24
2.6%
Q3 24
2.5%
Q2 24
1.7%
Q1 24
1.9%
Cash Conversion
AFG
AFG
FN
FN
Q4 25
2.62×
0.41×
Q3 25
1.00×
1.07×
Q2 25
1.10×
0.63×
Q1 25
2.22×
0.91×
Q4 24
2.64×
1.34×
Q3 24
2.54×
1.07×
Q2 24
-0.42×
1.02×
Q1 24
0.44×
1.25×

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%

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

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