Aflac Incorporated (AFL)
NYSE: AFL · Real-Time Price · USD
118.90
+1.66 (1.41%)
Sep 3, 2026, 1:30 PM EDT - Market open

Aflac Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
18,06917,16418,92718,70119,14021,554
Revenue Growth
13.57%-9.31%1.21%-2.29%-11.20%-2.68%
Operating Income
6,0284,7536,6145,4575,0955,446
Net Income
4,8623,6465,4434,6594,4184,231
Earnings Per Share
9.376.829.637.786.936.25
EPS Growth
111.56%-29.18%23.78%12.27%10.88%-6.30%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Total Japan Net Earned Premiums
6,4126,7446,9308,0479,18611,301
Japan Adjusted Net Investment Income
2,5032,5812,7012,5822,6693,031
Japan Other Income
313228353541
Total US Net Earned Premiums
6,0875,9995,8295,6755,5705,614
US Adjusted Net Investment Income
830830847820755754
US Other Income
877463128161121
Corporate
1,1981,2771,007460267175
Net Investment Gains
708-5721,271590363468
Amortized Hedge Costs
54452615711276
Amortized Hedge Income
-75-98-113-122-68-57
Net Interest Cash Flows from Derivatives
2342523383289030
Revenue (Total)
18,06917,16418,92718,70119,14021,554

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,1206,2456,2294,3063,9435,051
Total Debt
16,17612,5879,8649,2869,83410,172
Net Cash (Debt)
-10,056-6,342-3,635-4,980-5,891-5,121
Net Cash Growth
------
Net Cash Per Share
-19.39-11.86-6.43-8.32-9.24-7.57

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,6472,5552,7073,1903,8795,051
Free Cash Flow
2,6472,5552,7073,1903,8795,051
Free Cash Flow Growth
2.16%-5.62%-15.14%-17.76%-23.20%-15.22%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
33.36%27.69%34.95%29.18%26.62%25.27%
Pretax Margin
32.02%26.41%33.90%28.14%25.44%24.16%
Profit Margin
26.91%21.24%28.76%24.91%23.08%19.63%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.4402.3202.0001.6801.6001.320
Dividend Per Share Growth
7.59%16.00%19.05%5.00%21.21%17.86%
Dividend Yield
2.05%2.14%2.01%2.16%2.41%2.52%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.5115.8510.5610.3510.139.13
Forward PE
16.0515.1614.8813.2613.5111.06
PS Ratio
3.293.373.042.582.341.79