Aflac Incorporated (AFL)
NYSE: AFL · Real-Time Price · USD
130.26
+4.96 (3.96%)
Nov 5, 2026, 11:04 AM EST - Market open
Aflac Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Investments in Debt Securities | - | 78,353 | 78,980 | 80,241 | 84,231 | 86,313 | 84,032 | 81,235 | 89,990 | 81,944 | 86,819 | 91,109 | 86,700 | 91,941 | 97,035 | 94,797 | 91,109 | 97,938 | 110,637 | 120,696 |
Investments in Equity & Preferred Securities | - | 5,271 | 5,077 | 4,996 | 4,846 | 4,627 | 4,246 | 4,231 | 4,014 | 3,711 | 3,600 | 3,838 | 3,619 | 3,516 | 3,519 | 3,381 | 3,209 | 3,322 | 3,379 | 3,461 |
Policy Loans | - | 204 | 205 | 210 | 217 | 221 | 211 | 203 | 221 | 195 | 203 | 214 | 201 | 202 | 214 | 214 | 195 | 204 | 224 | 236 |
Other Investments | 100,433 | 2,854 | 2,653 | 1,401 | 2,377 | 2,415 | 2,296 | 1,638 | 3,575 | 3,427 | 3,383 | 1,339 | 2,322 | 2,738 | 2,595 | 1,566 | 1,846 | 1,725 | 1,772 | 1,748 |
Total Investments | 100,433 | 91,917 | 92,655 | 92,816 | 98,105 | 100,145 | 97,400 | 94,213 | 105,258 | 96,911 | 101,856 | 104,433 | 101,092 | 106,937 | 111,856 | 108,195 | 104,888 | 111,325 | 123,482 | 133,326 |
Cash & Equivalents | - | 6,120 | 5,654 | 6,245 | 6,768 | 6,965 | 5,231 | 6,229 | 5,612 | 6,060 | 5,098 | 4,306 | 5,502 | 4,720 | 3,809 | 3,943 | 4,710 | 5,173 | 4,275 | 5,051 |
Reinsurance Recoverable | - | 444 | 466 | 161 | 172 | 166 | 166 | 163 | 183 | - | 178 | 183 | 895 | 998 | 1,100 | 912 | 761 | 792 | 883 | 957 |
Other Receivables | - | 6,594 | 6,525 | 6,266 | 6,213 | 6,299 | 6,396 | 6,134 | 6,260 | 6,264 | 6,493 | 6,411 | 6,111 | 6,289 | 6,351 | 6,658 | 6,269 | 6,318 | 6,255 | 6,010 |
Deferred Policy Acquisition Cost | 9,186 | 8,948 | 8,976 | 9,034 | 9,216 | 9,296 | 9,083 | 8,758 | 9,232 | 8,550 | 8,819 | 9,132 | 8,771 | 8,860 | 9,267 | 9,239 | 8,155 | 8,458 | 9,082 | 9,525 |
Property, Plant & Equipment | - | 351 | 354 | 351 | 367 | 390 | 391 | 387 | 421 | 398 | 418 | 445 | 445 | 500 | 528 | 530 | 488 | 512 | 538 | 538 |
Goodwill | - | - | - | 260 | - | - | - | 263 | - | - | - | 265 | - | - | - | 265 | - | - | - | 268 |
Other Current Assets | - | 183 | 211 | 165 | 91 | 74 | 143 | 240 | 180 | 316 | 321 | 326 | 578 | 659 | 523 | 610 | 1,146 | 1,558 | 1,126 | 936 |
Other Long-Term Assets | 3,892 | 1,404 | 1,439 | 1,172 | 1,374 | 1,401 | 1,448 | 1,179 | 1,296 | 1,669 | 1,559 | 1,223 | 1,717 | 1,663 | 1,532 | 1,386 | 1,683 | 1,493 | 1,405 | 931 |
Total Assets | 113,511 | 115,961 | 116,280 | 116,470 | 122,306 | 124,736 | 120,258 | 117,566 | 128,442 | 120,168 | 124,742 | 126,724 | 125,111 | 130,626 | 134,966 | 131,738 | 128,100 | 135,629 | 147,046 | 157,542 |
Liabilities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Insurance & Annuity Liabilities | 63,517 | 62,187 | 64,648 | 67,640 | 72,780 | 76,947 | 76,908 | 75,695 | 85,602 | 75,630 | 83,537 | 89,712 | 83,742 | 91,399 | 97,279 | 94,192 | 79,615 | 83,497 | 91,778 | 96,801 |
Unpaid Claims | - | 553 | 522 | 495 | 460 | 426 | 411 | 381 | 381 | 359 | 344 | 261 | 249 | 244 | 229 | 201 | 4,516 | 4,453 | 4,754 | 4,836 |
Unearned Premiums | - | 1,326 | 1,318 | 1,323 | 1,349 | 1,377 | 1,357 | 1,286 | 1,406 | 1,216 | 1,322 | 1,451 | 1,447 | 1,544 | 1,743 | 1,825 | 1,763 | 1,971 | 2,318 | 2,576 |
Current Portion of Long-Term Debt | - | 775 | 441 | 888 | 630 | 361 | 786 | 408 | 326 | 451 | 483 | 630 | 636 | 591 | 483 | 583 | 590 | 342 | 216 | 54 |
Current Portion of Leases | - | - | - | 39 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Short-Term Debt | - | 7,340 | 6,414 | 3,989 | 5,429 | 5,767 | 3,142 | 2,037 | 4,233 | 4,493 | 3,366 | 1,503 | 4,607 | 4,679 | 3,460 | 1,809 | 2,721 | 3,261 | 2,198 | 2,162 |
Current Income Taxes Payable | - | 1,589 | 1,753 | 1,368 | 1,477 | 685 | 815 | 573 | 454 | 752 | 777 | 154 | 869 | 343 | 647 | 698 | 1,888 | 2,275 | 3,503 | 4,339 |
Long-Term Debt | 8,900 | 7,975 | 7,523 | 7,631 | 8,199 | 8,751 | 7,171 | 7,323 | 7,781 | 7,322 | 7,799 | 7,029 | 6,824 | 6,941 | 7,270 | 7,295 | 7,393 | 7,279 | 7,628 | 7,839 |
Long-Term Leases | - | 86 | 86 | 40 | 87 | 96 | 98 | 96 | 110 | 108 | 113 | 124 | 137 | 146 | 150 | 147 | 125 | 137 | 140 | 117 |
Other Current Liabilities | - | 965 | 874 | 783 | 703 | 589 | 681 | 604 | 682 | 873 | 676 | 1,011 | 1,030 | 890 | 575 | 1,115 | 1,498 | 1,788 | 1,671 | 1,565 |
Other Long-Term Liabilities | 11,811 | 2,571 | 2,446 | 2,500 | 2,356 | 2,383 | 2,399 | 2,774 | 2,472 | 2,769 | 2,627 | 2,689 | 2,311 | 2,790 | 2,664 | 3,041 | 3,193 | 3,542 | 2,520 | 3,141 |
Total Liabilities | 84,228 | 85,649 | 86,319 | 86,980 | 93,618 | 97,536 | 93,920 | 91,468 | 103,612 | 94,121 | 101,205 | 104,739 | 102,442 | 110,187 | 115,182 | 111,598 | 103,948 | 109,242 | 117,519 | 124,289 |
Shareholders' Equity
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 29,283 | 136 | 136 | 136 | 136 | 136 | 136 | 136 | 136 | 136 | 136 | 136 | 136 | 136 | 135 | 135 | 135 | 135 | 135 | 135 |
Additional Paid-In Capital | - | 3,105 | 3,064 | 3,024 | 2,977 | 2,958 | 2,919 | 2,894 | 2,876 | 2,835 | 2,806 | 2,771 | 2,729 | 2,697 | 2,665 | 2,641 | 2,615 | 2,589 | 2,560 | 2,529 |
Retained Earnings | - | 56,218 | 55,702 | 54,682 | 53,923 | 52,595 | 52,308 | 52,277 | 50,972 | 51,345 | 49,872 | 47,993 | 48,257 | 46,937 | 45,555 | 44,367 | 44,892 | 43,547 | 42,413 | 41,381 |
Treasury Stock | - | -31,828 | -30,842 | -29,804 | -29,001 | -27,998 | -27,166 | -26,231 | -25,477 | -24,977 | -24,175 | -23,395 | -22,693 | -21,993 | -21,293 | -20,574 | -19,979 | -19,336 | -18,694 | -18,185 |
Comprehensive Income & Other | - | 2,681 | 1,901 | 1,452 | 653 | -491 | -1,859 | -2,978 | -3,677 | -3,292 | -5,102 | -5,520 | -5,760 | -7,338 | -7,278 | -6,429 | -3,511 | -548 | 3,113 | 7,393 |
Shareholders' Equity | 29,283 | 30,312 | 29,961 | 29,490 | 28,688 | 27,200 | 26,338 | 26,098 | 24,830 | 26,047 | 23,537 | 21,985 | 22,669 | 20,439 | 19,784 | 20,140 | 24,152 | 26,387 | 29,527 | 33,253 |
Total Liabilities & Equity | 113,511 | 115,961 | 116,280 | 116,470 | 122,306 | 124,736 | 120,258 | 117,566 | 128,442 | 120,168 | 124,742 | 126,724 | 125,111 | 130,626 | 134,966 | 131,738 | 128,100 | 135,629 | 147,046 | 157,542 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Filing Date Shares Outstanding | 495.65 | 501.34 | 508.98 | 516.37 | 524.11 | 534.83 | 540.65 | 546.59 | 555.53 | 560.03 | 568.22 | 577.01 | 584.38 | 594.06 | 604.23 | 612.21 | 621.79 | 631.92 | 644.16 | 649.86 |
Total Common Shares Outstanding | 495.65 | 502.26 | 510.53 | 518.69 | 525.71 | 534.81 | 542.49 | 549.96 | 556.72 | 561.37 | 570.28 | 578.48 | 586.9 | 595.97 | 605.95 | 615.26 | 623.87 | 634.53 | 645.35 | 652.13 |
Total Debt | 8,900 | 16,176 | 14,464 | 12,587 | 14,345 | 14,975 | 11,197 | 9,864 | 12,450 | 12,374 | 11,761 | 9,286 | 12,204 | 12,357 | 11,363 | 9,834 | 10,829 | 11,019 | 10,182 | 10,172 |
Net Cash (Debt) | -8,900 | -10,056 | -8,810 | -6,342 | -7,577 | -8,010 | -5,966 | -3,635 | -6,838 | -6,314 | -6,663 | -4,980 | -6,702 | -7,637 | -7,554 | -5,891 | -6,119 | -5,846 | -5,907 | -5,121 |
Net Cash Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share | -17.85 | -19.89 | -17.11 | -12.14 | -14.24 | -14.88 | -10.91 | -6.54 | -12.20 | -11.14 | -11.54 | -8.51 | -11.29 | -12.67 | -12.30 | -9.46 | -9.68 | -9.09 | -9.05 | -7.73 |
Book Value Per Share | 59.08 | 60.35 | 58.69 | 56.85 | 54.57 | 50.86 | 48.55 | 47.45 | 44.60 | 46.40 | 41.27 | 38.00 | 38.63 | 34.30 | 32.65 | 32.73 | 38.71 | 41.59 | 45.75 | 50.99 |
Tangible Book Value | 29,283 | 30,312 | 29,961 | 29,230 | 28,688 | 27,200 | 26,338 | 25,835 | 24,830 | 26,047 | 23,537 | 21,720 | 22,669 | 20,439 | 19,784 | 19,875 | 24,152 | 26,387 | 29,527 | 32,985 |
Tangible Book Value Per Share | 59.08 | 60.35 | 58.69 | 56.35 | 54.57 | 50.86 | 48.55 | 46.98 | 44.60 | 46.40 | 41.27 | 37.55 | 38.63 | 34.30 | 32.65 | 32.30 | 38.71 | 41.59 | 45.75 | 50.58 |
Land | - | - | - | 168 | - | - | - | 168 | - | - | - | 168 | - | - | - | 168 | - | - | - | 168 |
Buildings | - | - | - | 399 | - | - | - | 392 | - | - | - | 421 | - | - | - | 437 | - | - | - | 491 |
Machinery | - | - | - | 451 | - | - | - | 478 | - | - | - | 510 | - | - | - | 587 | - | - | - | 542 |