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Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and Hubbell Incorporated (HUBB). 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 $1.5B, roughly 1.4× Hubbell Incorporated). Hubbell Incorporated runs the higher net margin — 14.6% vs 14.5%, a 0.1% gap on every dollar of revenue. On growth, Hubbell Incorporated posted the faster year-over-year revenue change (11.9% vs -4.0%). Over the past eight quarters, AMERICAN FINANCIAL GROUP INC's revenue compounded faster (4.0% CAGR vs 3.3%).

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

Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.

AFG vs HUBB — Head-to-Head

Bigger by revenue
AFG
AFG
1.4× larger
AFG
$2.1B
$1.5B
HUBB
Growing faster (revenue YoY)
HUBB
HUBB
+15.9% gap
HUBB
11.9%
-4.0%
AFG
Higher net margin
HUBB
HUBB
0.1% more per $
HUBB
14.6%
14.5%
AFG
Faster 2-yr revenue CAGR
AFG
AFG
Annualised
AFG
4.0%
3.3%
HUBB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AFG
AFG
HUBB
HUBB
Revenue
$2.1B
$1.5B
Net Profit
$299.0M
$217.7M
Gross Margin
34.6%
Operating Margin
18.4%
20.3%
Net Margin
14.5%
14.6%
Revenue YoY
-4.0%
11.9%
Net Profit YoY
17.3%
10.5%
EPS (diluted)
$3.59
$4.06

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
HUBB
HUBB
Q4 25
$2.1B
$1.5B
Q3 25
$2.3B
$1.5B
Q2 25
$1.9B
$1.5B
Q1 25
$1.9B
$1.4B
Q4 24
$2.1B
$1.3B
Q3 24
$2.4B
$1.4B
Q2 24
$1.9B
$1.5B
Q1 24
$1.9B
$1.4B
Net Profit
AFG
AFG
HUBB
HUBB
Q4 25
$299.0M
$217.7M
Q3 25
$215.0M
$255.5M
Q2 25
$174.0M
$244.2M
Q1 25
$154.0M
$169.7M
Q4 24
$255.0M
$197.0M
Q3 24
$181.0M
$219.4M
Q2 24
$209.0M
$213.6M
Q1 24
$242.0M
$147.8M
Gross Margin
AFG
AFG
HUBB
HUBB
Q4 25
34.6%
Q3 25
36.2%
Q2 25
37.2%
Q1 25
33.1%
Q4 24
33.8%
Q3 24
34.5%
Q2 24
35.0%
Q1 24
32.0%
Operating Margin
AFG
AFG
HUBB
HUBB
Q4 25
18.4%
20.3%
Q3 25
11.5%
22.0%
Q2 25
11.9%
22.7%
Q1 25
10.6%
17.5%
Q4 24
14.9%
19.3%
Q3 24
9.7%
21.1%
Q2 24
14.3%
20.7%
Q1 24
15.9%
16.3%
Net Margin
AFG
AFG
HUBB
HUBB
Q4 25
14.5%
14.6%
Q3 25
9.2%
17.0%
Q2 25
9.0%
16.5%
Q1 25
8.3%
12.4%
Q4 24
11.9%
14.8%
Q3 24
7.6%
15.2%
Q2 24
11.0%
14.7%
Q1 24
12.7%
10.6%
EPS (diluted)
AFG
AFG
HUBB
HUBB
Q4 25
$3.59
$4.06
Q3 25
$2.58
$4.77
Q2 25
$2.07
$4.56
Q1 25
$1.84
$3.15
Q4 24
$3.03
$3.65
Q3 24
$2.16
$4.05
Q2 24
$2.49
$3.94
Q1 24
$2.89
$2.73

Balance Sheet & Financial Strength

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

Metric
AFG
AFG
HUBB
HUBB
Cash + ST InvestmentsLiquidity on hand
$1.7B
$497.9M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$4.8B
$3.8B
Total Assets
$32.6B
$8.2B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFG
AFG
HUBB
HUBB
Q4 25
$1.7B
$497.9M
Q3 25
$1.8B
$680.9M
Q2 25
$1.3B
$399.6M
Q1 25
$1.3B
$360.3M
Q4 24
$1.4B
$345.0M
Q3 24
$1.3B
$445.6M
Q2 24
$1.1B
$406.5M
Q1 24
$1.1B
$400.3M
Total Debt
AFG
AFG
HUBB
HUBB
Q4 25
$1.8B
Q3 25
$1.8B
$1.4B
Q2 25
$1.5B
$1.4B
Q1 25
$1.5B
$1.4B
Q4 24
$1.5B
$1.4B
Q3 24
$1.5B
$1.7B
Q2 24
$1.5B
$1.9B
Q1 24
$1.5B
$1.9B
Stockholders' Equity
AFG
AFG
HUBB
HUBB
Q4 25
$4.8B
$3.8B
Q3 25
$4.7B
$3.7B
Q2 25
$4.5B
$3.5B
Q1 25
$4.4B
$3.3B
Q4 24
$4.5B
$3.3B
Q3 24
$4.7B
$3.2B
Q2 24
$4.4B
$3.1B
Q1 24
$4.2B
$2.9B
Total Assets
AFG
AFG
HUBB
HUBB
Q4 25
$32.6B
$8.2B
Q3 25
$33.8B
$7.5B
Q2 25
$30.7B
$7.1B
Q1 25
$30.3B
$6.9B
Q4 24
$30.8B
$6.7B
Q3 24
$32.6B
$6.9B
Q2 24
$29.9B
$6.9B
Q1 24
$30.0B
$6.9B
Debt / Equity
AFG
AFG
HUBB
HUBB
Q4 25
0.38×
Q3 25
0.38×
0.39×
Q2 25
0.33×
0.41×
Q1 25
0.34×
0.44×
Q4 24
0.33×
0.44×
Q3 24
0.31×
0.51×
Q2 24
0.34×
0.63×
Q1 24
0.35×
0.65×

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
HUBB
HUBB
Operating Cash FlowLast quarter
$784.0M
$447.5M
Free Cash FlowOCF − Capex
$388.8M
FCF MarginFCF / Revenue
26.0%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
2.62×
2.06×
TTM Free Cash FlowTrailing 4 quarters
$874.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFG
AFG
HUBB
HUBB
Q4 25
$784.0M
$447.5M
Q3 25
$216.0M
$284.3M
Q2 25
$191.0M
$260.6M
Q1 25
$342.0M
$37.4M
Q4 24
$674.0M
$432.4M
Q3 24
$459.0M
$227.0M
Q2 24
$-88.0M
$239.6M
Q1 24
$107.0M
$92.2M
Free Cash Flow
AFG
AFG
HUBB
HUBB
Q4 25
$388.8M
Q3 25
$253.8M
Q2 25
$220.7M
Q1 25
$11.4M
Q4 24
$364.4M
Q3 24
$188.8M
Q2 24
$205.7M
Q1 24
$51.9M
FCF Margin
AFG
AFG
HUBB
HUBB
Q4 25
26.0%
Q3 25
16.9%
Q2 25
14.9%
Q1 25
0.8%
Q4 24
27.3%
Q3 24
13.1%
Q2 24
14.2%
Q1 24
3.7%
Capex Intensity
AFG
AFG
HUBB
HUBB
Q4 25
3.9%
Q3 25
2.0%
Q2 25
2.7%
Q1 25
1.9%
Q4 24
5.1%
Q3 24
2.6%
Q2 24
2.3%
Q1 24
2.9%
Cash Conversion
AFG
AFG
HUBB
HUBB
Q4 25
2.62×
2.06×
Q3 25
1.00×
1.11×
Q2 25
1.10×
1.07×
Q1 25
2.22×
0.22×
Q4 24
2.64×
2.19×
Q3 24
2.54×
1.03×
Q2 24
-0.42×
1.12×
Q1 24
0.44×
0.62×

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%

HUBB
HUBB

Grid Infrastructure$717.0M48%
Industrial$393.7M26%
Grid Automation$218.9M15%
Electrical Products$163.1M11%

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