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Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and SELECT MEDICAL HOLDINGS CORP (SEM). 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 $1.4B, roughly 1.5× SELECT MEDICAL HOLDINGS CORP). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 1.4%, a 13.0% gap on every dollar of revenue. On growth, SELECT MEDICAL HOLDINGS CORP posted the faster year-over-year revenue change (6.4% vs -4.0%). Over the past eight quarters, AMERICAN FINANCIAL GROUP INC's revenue compounded faster (4.0% CAGR vs 2.8%).
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
AFG vs SEM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.4B |
| Net Profit | $299.0M | $20.2M |
| Gross Margin | — | — |
| Operating Margin | 18.4% | 4.6% |
| Net Margin | 14.5% | 1.4% |
| Revenue YoY | -4.0% | 6.4% |
| Net Profit YoY | 17.3% | 225.7% |
| EPS (diluted) | $3.59 | $0.17 |
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 | $1.4B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.9B | $1.4B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.4B | $1.3B | ||
| Q2 24 | $1.9B | $1.3B | ||
| Q1 24 | $1.9B | $1.3B |
| Q4 25 | $299.0M | $20.2M | ||
| Q3 25 | $215.0M | $28.8M | ||
| Q2 25 | $174.0M | $40.6M | ||
| Q1 25 | $154.0M | $56.7M | ||
| Q4 24 | $255.0M | $-16.1M | ||
| Q3 24 | $181.0M | $55.6M | ||
| Q2 24 | $209.0M | $77.6M | ||
| Q1 24 | $242.0M | $96.9M |
| Q4 25 | 18.4% | 4.6% | ||
| Q3 25 | 11.5% | 5.4% | ||
| Q2 25 | 11.9% | 6.5% | ||
| Q1 25 | 10.6% | 8.3% | ||
| Q4 24 | 14.9% | 1.6% | ||
| Q3 24 | 9.7% | 4.3% | ||
| Q2 24 | 14.3% | 5.8% | ||
| Q1 24 | 15.9% | 9.0% |
| Q4 25 | 14.5% | 1.4% | ||
| Q3 25 | 9.2% | 2.1% | ||
| Q2 25 | 9.0% | 3.0% | ||
| Q1 25 | 8.3% | 4.2% | ||
| Q4 24 | 11.9% | -1.2% | ||
| Q3 24 | 7.6% | 4.4% | ||
| Q2 24 | 11.0% | 6.1% | ||
| Q1 24 | 12.7% | 7.3% |
| Q4 25 | $3.59 | $0.17 | ||
| Q3 25 | $2.58 | $0.23 | ||
| Q2 25 | $2.07 | $0.32 | ||
| Q1 25 | $1.84 | $0.44 | ||
| Q4 24 | $3.03 | $-0.12 | ||
| Q3 24 | $2.16 | $0.43 | ||
| Q2 24 | $2.49 | $0.60 | ||
| Q1 24 | $2.89 | $0.75 |
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 | $26.5M |
| Total DebtLower is stronger | $1.8B | $1.8B |
| Stockholders' EquityBook value | $4.8B | $1.7B |
| Total Assets | $32.6B | $5.9B |
| Debt / EquityLower = less leverage | 0.38× | 1.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $26.5M | ||
| Q3 25 | $1.8B | $60.1M | ||
| Q2 25 | $1.3B | $52.3M | ||
| Q1 25 | $1.3B | $53.2M | ||
| Q4 24 | $1.4B | $59.7M | ||
| Q3 24 | $1.3B | $191.5M | ||
| Q2 24 | $1.1B | $111.2M | ||
| Q1 24 | $1.1B | $92.6M |
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $1.8B | $1.7B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.5B | $3.1B | ||
| Q2 24 | $1.5B | $3.6B | ||
| Q1 24 | $1.5B | $3.8B |
| Q4 25 | $4.8B | $1.7B | ||
| Q3 25 | $4.7B | $1.7B | ||
| Q2 25 | $4.5B | $1.7B | ||
| Q1 25 | $4.4B | $1.7B | ||
| Q4 24 | $4.5B | $1.7B | ||
| Q3 24 | $4.7B | $1.9B | ||
| Q2 24 | $4.4B | $1.4B | ||
| Q1 24 | $4.2B | $1.4B |
| Q4 25 | $32.6B | $5.9B | ||
| Q3 25 | $33.8B | $5.7B | ||
| Q2 25 | $30.7B | $5.7B | ||
| Q1 25 | $30.3B | $5.7B | ||
| Q4 24 | $30.8B | $5.6B | ||
| Q3 24 | $32.6B | $8.0B | ||
| Q2 24 | $29.9B | $7.9B | ||
| Q1 24 | $30.0B | $7.9B |
| Q4 25 | 0.38× | 1.06× | ||
| Q3 25 | 0.38× | 1.03× | ||
| Q2 25 | 0.33× | 1.10× | ||
| Q1 25 | 0.34× | 1.03× | ||
| Q4 24 | 0.33× | 1.01× | ||
| Q3 24 | 0.31× | 1.62× | ||
| Q2 24 | 0.34× | 2.54× | ||
| Q1 24 | 0.35× | 2.75× |
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 | $64.3M |
| Free Cash FlowOCF − Capex | — | $5.2M |
| FCF MarginFCF / Revenue | — | 0.4% |
| Capex IntensityCapex / Revenue | — | 4.2% |
| Cash ConversionOCF / Net Profit | 2.62× | 3.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $117.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $784.0M | $64.3M | ||
| Q3 25 | $216.0M | $175.3M | ||
| Q2 25 | $191.0M | $110.3M | ||
| Q1 25 | $342.0M | $-3.5M | ||
| Q4 24 | $674.0M | $125.4M | ||
| Q3 24 | $459.0M | $181.0M | ||
| Q2 24 | $-88.0M | $278.2M | ||
| Q1 24 | $107.0M | $-66.7M |
| Q4 25 | — | $5.2M | ||
| Q3 25 | — | $122.2M | ||
| Q2 25 | — | $45.6M | ||
| Q1 25 | — | $-55.8M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | — | $130.3M | ||
| Q2 24 | — | $222.6M | ||
| Q1 24 | — | $-119.2M |
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | — | -9.0% |
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | 2.62× | 3.19× | ||
| Q3 25 | 1.00× | 6.09× | ||
| Q2 25 | 1.10× | 2.72× | ||
| Q1 25 | 2.22× | -0.06× | ||
| Q4 24 | 2.64× | — | ||
| Q3 24 | 2.54× | 3.25× | ||
| Q2 24 | -0.42× | 3.59× | ||
| Q1 24 | 0.44× | -0.69× |
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% |
SEM
| Critical Illness Recovery Hospitals | $629.7M | 45% |
| Health Care Patient Service Non Medicare | $428.6M | 31% |
| Rehabilitation Hospitals | $339.2M | 24% |
