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Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and NCR Atleos Corp (NATL). 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 $1.2B, roughly 1.8× NCR Atleos Corp). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 7.2%, a 7.3% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs -4.0%). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% CAGR vs 4.0%).
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
AFG vs NATL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.2B |
| Net Profit | $299.0M | $83.0M |
| Gross Margin | — | — |
| Operating Margin | 18.4% | 13.5% |
| Net Margin | 14.5% | 7.2% |
| Revenue YoY | -4.0% | 4.0% |
| Net Profit YoY | 17.3% | 102.4% |
| EPS (diluted) | $3.59 | $1.09 |
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.
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.9B | $979.0M | ||
| Q4 24 | $2.1B | $1.1B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $1.9B | $1.0B |
| Q4 25 | $299.0M | $83.0M | ||
| Q3 25 | $215.0M | $26.0M | ||
| Q2 25 | $174.0M | $39.0M | ||
| Q1 25 | $154.0M | $14.0M | ||
| Q4 24 | $255.0M | $41.0M | ||
| Q3 24 | $181.0M | $21.0M | ||
| Q2 24 | $209.0M | $27.0M | ||
| Q1 24 | $242.0M | $-9.0M |
| Q4 25 | 18.4% | 13.5% | ||
| Q3 25 | 11.5% | 9.8% | ||
| Q2 25 | 11.9% | 10.8% | ||
| Q1 25 | 10.6% | 9.5% | ||
| Q4 24 | 14.9% | 13.4% | ||
| Q3 24 | 9.7% | 10.6% | ||
| Q2 24 | 14.3% | 9.8% | ||
| Q1 24 | 15.9% | 6.5% |
| Q4 25 | 14.5% | 7.2% | ||
| Q3 25 | 9.2% | 2.3% | ||
| Q2 25 | 9.0% | 3.5% | ||
| Q1 25 | 8.3% | 1.4% | ||
| Q4 24 | 11.9% | 3.7% | ||
| Q3 24 | 7.6% | 2.0% | ||
| Q2 24 | 11.0% | 2.5% | ||
| Q1 24 | 12.7% | -0.9% |
| Q4 25 | $3.59 | $1.09 | ||
| Q3 25 | $2.58 | $0.34 | ||
| Q2 25 | $2.07 | $0.52 | ||
| Q1 25 | $1.84 | $0.19 | ||
| Q4 24 | $3.03 | $0.56 | ||
| Q3 24 | $2.16 | $0.28 | ||
| Q2 24 | $2.49 | $0.37 | ||
| Q1 24 | $2.89 | $-0.13 |
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 | $456.0M |
| Total DebtLower is stronger | $1.8B | $2.7B |
| Stockholders' EquityBook value | $4.8B | $403.0M |
| Total Assets | $32.6B | $5.7B |
| Debt / EquityLower = less leverage | 0.38× | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $456.0M | ||
| Q3 25 | $1.8B | $412.0M | ||
| Q2 25 | $1.3B | $357.0M | ||
| Q1 25 | $1.3B | $352.0M | ||
| Q4 24 | $1.4B | $419.0M | ||
| Q3 24 | $1.3B | $395.0M | ||
| Q2 24 | $1.1B | $374.0M | ||
| Q1 24 | $1.1B | $343.0M |
| Q4 25 | $1.8B | $2.7B | ||
| Q3 25 | $1.8B | $2.8B | ||
| Q2 25 | $1.5B | $2.8B | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $2.9B | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $4.8B | $403.0M | ||
| Q3 25 | $4.7B | $330.0M | ||
| Q2 25 | $4.5B | $350.0M | ||
| Q1 25 | $4.4B | $275.0M | ||
| Q4 24 | $4.5B | $219.0M | ||
| Q3 24 | $4.7B | $264.0M | ||
| Q2 24 | $4.4B | $250.0M | ||
| Q1 24 | $4.2B | $283.0M |
| Q4 25 | $32.6B | $5.7B | ||
| Q3 25 | $33.8B | $5.7B | ||
| Q2 25 | $30.7B | $5.8B | ||
| Q1 25 | $30.3B | $5.7B | ||
| Q4 24 | $30.8B | $5.5B | ||
| Q3 24 | $32.6B | $5.7B | ||
| Q2 24 | $29.9B | $5.8B | ||
| Q1 24 | $30.0B | $5.8B |
| Q4 25 | 0.38× | 6.63× | ||
| Q3 25 | 0.38× | 8.45× | ||
| Q2 25 | 0.33× | 8.05× | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.33× | 13.05× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $784.0M | $231.0M |
| Free Cash FlowOCF − Capex | — | $194.0M |
| FCF MarginFCF / Revenue | — | 16.8% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | 2.62× | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | — | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $784.0M | $231.0M | ||
| Q3 25 | $216.0M | $25.0M | ||
| Q2 25 | $191.0M | $-23.0M | ||
| Q1 25 | $342.0M | $123.0M | ||
| Q4 24 | $674.0M | $80.0M | ||
| Q3 24 | $459.0M | $107.0M | ||
| Q2 24 | $-88.0M | $9.0M | ||
| Q1 24 | $107.0M | $148.0M |
| Q4 25 | — | $194.0M | ||
| Q3 25 | — | $-5.0M | ||
| Q2 25 | — | $-44.0M | ||
| Q1 25 | — | $94.0M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | — | $85.0M | ||
| Q2 24 | — | $-14.0M | ||
| Q1 24 | — | $124.0M |
| Q4 25 | — | 16.8% | ||
| Q3 25 | — | -0.4% | ||
| Q2 25 | — | -4.0% | ||
| Q1 25 | — | 9.6% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | -1.3% | ||
| Q1 24 | — | 11.9% |
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | 2.3% |
| Q4 25 | 2.62× | 2.78× | ||
| Q3 25 | 1.00× | 0.96× | ||
| Q2 25 | 1.10× | -0.59× | ||
| Q1 25 | 2.22× | 8.79× | ||
| Q4 24 | 2.64× | 1.95× | ||
| Q3 24 | 2.54× | 5.10× | ||
| Q2 24 | -0.42× | 0.33× | ||
| Q1 24 | 0.44× | — |
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% |
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
