AFLAC Incorporated

AFLAC Incorporated

122.90
USD
+2.69
(+2.24%)
9.37EPS
12.54P/E
59.22BMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
25.65
25.05
24.16
27.33
27.27
28.21
29.96
31.19
31.99
30.17
31.6
34.01
32.57
35.38
Basic EPS, GAAP
3.4
3.27
2.94
3.23
5.81
3.79
4.45
6.69
6.28
6.96
7.81
9.68
6.84
9.41
Free Cash Flow per Basic Share
11.35
7.26
7.87
7.28
7.74
7.81
7.35
8.35
7.5
6.11
5.35
4.81
4.79
5.12
Dividend per Share
0.68
0.72
0.76
0.8
0.83
1.03
1.04
1.08
1.27
1.54
1.62
1.93
2.25
2.31
Book Value per Share
15.91
20.73
20.86
25.24
31.5
31.06
39.84
48.46
50.99
32.73
38
47.45
56.85
60.35
Tangible Book Value per Share
15.91
20.73
20.86
25.24
31.5
31.06
39.84
48.46
50.99
32.73
38
47.45
56.85
60.35
Basic Weighted Avg Shares
929
902
861
823
792
770
742
714
674
635
596
562
533
517
Sales/Revenue/Turnover
23,827
22,606
20,811
22,489
21,600
21,708
22,241
22,261
21,546
19,151
18,841
19,128
17,355
18,286
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
3,158
2,951
2,533
2,659
4,604
2,920
3,304
4,778
4,231
4,418
4,659
5,443
3,646
4,862
Effective Tax Rate (%)
34.43
34.29
34.41
34.62
- -
26.69
25.67
- -
18.76
9.26
11.46
15.18
19.57
15.97
Profit Margin (%)
13.25
13.05
12.17
11.82
21.31
13.45
14.86
21.46
19.64
23.07
24.73
28.46
21.01
26.59
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
4,897
4,982
4,971
4,711
4,741
5,778
6,569
7,899
7,956
7,442
7,364
7,498
8,409
8,729
Total Equity
14,620
18,347
17,708
20,482
24,598
23,462
28,959
33,559
33,253
20,140
21,985
26,098
29,490
30,312
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
16.81
14.64
11.76
11.68
- -
10.43
10.73
- -
10.7
13.44
16.97
17.83
10.69
13.48
Return on Common Equity (%)
20.64
17.9
14.05
13.93
20.43
12.15
12.61
15.29
12.67
16.55
22.12
22.64
13.12
16.91

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
8,330
7,822
8,643
LT Finance Leases
79
86
86
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
519
511
502
Market Capitalization
57,415
55,791
59,221

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
70,398
71,498
71,785
Accounts Receivable, Net
835
947
895
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1,368
1,753
1,589
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.1%
0.11%
13%
Free Cash Flow
-8.82%
-15.39%
-5.62%
Net Income, GAAP
8.15%
-3.55%
-33.01%
Sales/Revenue/Turnover
-1.65%
-4.74%
-9.27%
Total Cash Common Dividend
6.48%
9.42%
10.21%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,437
5,157
3,035
5,498
19,128
2025
3,453
4,218
4,793
4,891
17,355
2026
4,408
4,194
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.27
3.11
-0.17
3.44
9.68
2025
0.05
1.12
3.09
2.65
6.84
2026
1.99
1.64
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.48
0.48
0.48
0.48
1.93
2025
0.53
0.56
0.56
0.56
2.25
2026
0.59
0.59
- -
- -
- -

Company Description

CEO
Daniel Paul Amos
Full Time Employees
12,716
Sector
Finance
Industry
Multi-line insurance
Address
1932 Wynnton Road Columbus GA United States 31999-7251
IPO Date
Jun 15, 1974
Website
aflac.com
Business
Aflac Incorporated is a Fortune 500 American holding company primarily engaged in the provision of supplemental health and life insurance products. The company operates through two main segments: Aflac Japan and Aflac U.S. Its core insurance offerings include accident, cancer/specified disease, dental, hospital confinement indemnity, hospital intensive care, life, lump sum cancer critical illness, specified health event, short-term disability, and vision insurance. These products are designed to provide financial protection for expenses not covered by major medical insurance in both individual and group markets. In addition to individual policies, Aflac offers group insurance products such as dental, vision, life, disability, and absence management solutions targeted at large employers. The company operates extensively in the United States and Japan, with headquarters in Columbus, Georgia, and was founded in 1955. Recent major company changes include the launch of an enhanced individual Accident Insurance product in the U.S. in early 2025, expanding coverage to include mental health benefits. Aflac has also transitioned administration of its network dental plans to a third-party provider to foster growth in that segment and voluntary benefits associated with it. The company continues to enhance underwriting discipline to achieve more profitable growth. In strategic finance, Aflac has deployed $2.8 billion in share repurchases in 2024 alongside dividend increases, maintaining a 42-year consecutive dividend growth record. Additionally, the internal reinsurance strategy through Aflac Re Bermuda Ltd., initiated in late 2022, has advanced risk reduction and capital efficiency, thereby increasing return on equity. Aflac is recognized as the largest provider of supplemental insurance in the U.S. and the largest insurance company in Japan based on individual policies in force. The company serves millions of policyholders through its subsidiaries, including American Family Life Assurance Company of Columbus, Aflac Life Insurance Japan, and several other affiliated entities. Its strategic initiatives focus on expanding profitable growth, leveraging digital transformation for claims processing, and strengthening customer-centric service excellence with fast claims payment and high satisfaction rates. Overall, Aflac Incorporated delivers a comprehensive portfolio of supplemental insurance products and services in two major international markets, with ongoing enhancements in product offerings, operational strategies, and capital management to drive sustained growth and shareholder value.

Company News

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  • Aflac (NYSE:AFL) Major Shareholder Sells $4,887,960.00 in Stock

  • Aflac Incorporated $AFL Position Boosted by Perpetual Ltd

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  • Burnout, misinformation and financial vulnerability driving critical choices across American workforce, with Gen Z at the epicenter

  • Aflac Incorporated (NYSE:AFL) Stock Now Rated “Hold” by Wall Street Brokerages

  • Aflac (NYSE: AFL) owner sells 12,000 shares in preplanned trade

  • Aflac (NYSE:AFL) Stock: Insider Post Holdings Co. Ltd. Japan Sells 12,000 Shares

  • Aflac (NYSE:AFL) Stock: Insider Post Holdings Co. Ltd. Japan Sells 13,050 Shares

  • Aflac’s Japan Post sells 13,000 shares under trading plan (NYSE: AFL)

  • Aflac Strengthens Benefits Tech With bswift's AI-Powered Tools

  • 1 in 3 U.S. workers do not have a legacy plan in place

  • Aflac Incorporated to Release Third Quarter Results and CFO Video Update on November 4, 2026 and Host Webcast on November 5, 2026

  • Aflac (NYSE:AFL) Major Shareholder Post Holdings Co. Ltd. Japan Sells 12,200 Shares of Stock

  • 4 Insurance Stocks With Two Big Profit Engines Backing the Dividend

  • Aflac (NYSE:AFL) Major Shareholder Post Holdings Co. Ltd. Japan Sells 12,800 Shares of Stock

  • Former baseball and football star Brian Jordan and Aflac President Virgil Miller join forces to show love and care to children and families at SSM Health Cardinal Glennon Children's Hospital in St. Louis

  • Aflac + Rachel Zoe make bold fashion statement to prompt Americans to Check for Cancer

  • Brokerages Set Aflac Incorporated (NYSE:AFL) Price Target at $116.62