Aflac Incorporated (AFL)
NYSE: AFL · Real-Time Price · USD
125.60
+1.26 (1.01%)
At close: Jul 24, 2026, 4:00 PM EDT
124.58
-1.02 (-0.82%)
After-hours: Jul 24, 2026, 7:35 PM EDT

Aflac Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
18,11217,16418,92718,70119,14021,554
Revenue Growth
7.25%-9.31%1.21%-2.29%-11.20%-2.68%
Operating Income
5,8434,7536,6145,4575,0955,446
Net Income
4,6363,6465,4434,6594,4184,231
Earnings Per Share
8.816.829.637.786.936.25
EPS Growth
37.66%-29.18%23.78%12.27%10.88%-6.30%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Total Japan Net Earned Premiums
6,6366,7446,9308,0479,18611,301
Japan Adjusted Net Investment Income
2,5862,5812,7012,5822,6693,031
Japan Other Income
353228353541
Total US Net Earned Premiums
6,0525,9995,8295,6755,5705,614
US Adjusted Net Investment Income
829830847820755754
US Other Income
807463128161121
Corporate
1,2431,2771,007460267175
Net Investment Gains
342-5721,271590363468
Amortized Hedge Costs
53452615711276
Amortized Hedge Income
-86-98-113-122-68-57
Net Interest Cash Flows from Derivatives
2442523383289030
Revenue (Total)
18,11217,16418,92718,70119,14021,554

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,9342,5552,7073,1903,8795,051
Free Cash Flow
2,9342,5552,7073,1903,8795,051
Free Cash Flow Growth
19.90%-5.62%-15.14%-17.76%-23.20%-15.22%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
32.26%27.69%34.94%29.18%26.62%25.27%
Pretax Margin
30.99%26.41%33.90%28.14%25.44%24.16%
Profit Margin
25.60%21.24%28.76%24.91%23.08%19.63%
FCF Margin
16.20%14.89%14.30%17.06%20.27%23.43%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '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
10.19%16.00%19.05%5.00%21.21%17.86%
Dividend Yield
1.96%2.04%1.87%1.96%2.14%2.17%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.2616.1710.7410.6010.389.34
Forward PE
17.6215.1614.8813.2613.5111.06
P/FCF Ratio
-22.3921.0214.9611.417.54
PS Ratio
3.533.333.012.552.311.77