Aflac Incorporated AFL SPX
Financial Services · Insurance - Life · United States
Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates in two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care, whole life, and GIFT insurance products, as well as WAYS and child endowment, and Tsumitasu insurance products in Japan. Its Aflac U.S. segment provides accident, disability, cancer, critical illness, hospital indemnity, dental, vision, and life insurance products in the United States. The company also provides hearing, final expense, pet, Medicare supplement, supplemental dental and vision, short-term disability, and absence management insurance products, as well as cafeteria plans. It sells its products to individuals, families, and business owners through individual, independent corporate, and affiliated corporate agencies; banks; independent associates/career agents; and brokers. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.
READ MORE ›$112.42
+10.89% 1Y
Market & Price
Market Cap
$57.22B
Current Price
$112.42
High / Low (52W)
$118.06 / $96.04
Beta
0.62
Valuation
Stock P/E
12.85
Industry PE
12.01
Forward P/E
14.78
PEG Ratio
1.18
Book Value
$58.69
Price to Book
1.92
P/S
3.16
EV/EBITDA
10.79
Dividend Yield
2.17%
Profitability & Returns
ROCE
-
ROE
16.47%
ROA
3.09%
Profit Margin
25.60%
Op Margin
29.57%
EPS (Latest Qtr)
$1.98
EPS (TTM)
$8.75
Balance Sheet & Liquidity
Debt/Equity
0.48
Quick Ratio
0.81
Current Ratio
0.94
Debt
$14.46B
Total Assets
$116.47B
Current Assets
-
Working Capital
-
Ownership
Promoter Holding
10.90%
Chg in Prom Hold
-0.00%
FII / Inst Holding
59.79%
Chg in FII Hold
0.00%
Financial Snapshot
Enterprise Value
$63.41B
Total Revenue (TTM)
$18.11B
EBITDA
$5.88B
Free Cash Flow
$4.92B
Operating Cash Flow
$2.93B
Shares Outstanding
508.98M
Gross Margin
50.05%
Payout Ratio
26.86%
Growth (CAGR)
Revenue 5Y
-3.23%
Profit 5Y
-6.20%
Revenue (YoY)
27.90%
Earnings (YoY)
3,860.00%
PROS
- Excellent profit margin of 25.6%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -3.2% CAGR over 5 years.
- Earnings shrank at -6.2% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AFL Aflac Incorporated SPX | 112.42 | 12.85 | $57.22B | 2.17% | - | 16.47% | -3.23% | -6.20% |
| 2 | JPM JPMorgan Chase & Co. SPX | 299.31 | 14.33 | $802.00B | 2.00% | - | 16.47% | 12.50% | 14.83% |
| 3 | V Visa Inc. SPX | 326.36 | 28.48 | $620.65B | 0.82% | 38.38% | 60.35% | 10.92% | 10.28% |
| 4 | MA Mastercard Incorporated SPX | 493.98 | 28.57 | $436.47B | 0.70% | 61.47% | - | 13.82% | 14.66% |
| 5 | MS Morgan Stanley SPX | 208.00 | 18.84 | $328.08B | 1.92% | - | 16.39% | 9.52% | 15.20% |
| 6 | GS The Goldman Sachs Group, Inc. SPX | 1,025.56 | 18.73 | $302.55B | 1.76% | - | 14.55% | 7.16% | 15.11% |
| 7 | WFC Wells Fargo & Company SPX | 77.54 | 11.98 | $237.29B | 2.32% | - | 12.03% | 4.02% | 15.98% |
| 8 | BLK BlackRock, Inc. SPX | 1,046.88 | 26.32 | $162.51B | 2.19% | 4.89% | 11.90% | 10.65% | 2.36% |
| 9 | SCHW The Charles Schwab Corporation SPX | 87.35 | 17.37 | $151.91B | 1.47% | - | 19.08% | 4.83% | 7.21% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.32B | 5.45B | 5.44B | 5.72B | 5.96B | 5.31B | 5.43B | 5.51B | 5.42B | 5.46B | 5.59B | 5.58B | 5.13B | 5.66B | 5.51B | 5.54B | 5.60B | 5.16B | 5.41B | 5.67B | 5.91B | 5.87B | 5.56B | 5.24B | 5.17B | 5.32B | 4.70B | 3.95B | 4.80B | 5.17B | 4.95B | 3.78B | 5.44B | 5.14B | 2.95B | 3.45B | 4.22B | 4.79B | 4.89B | 4.41B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | 1.08B | 1.04B | 1.09B | - | 1.03B | 1.07B | 1.01B | - | 1.11B | 1.14B | 1.06B | - | 1.14B | 1.14B | 1.16B | - | 1.18B | 1.24B | 1.04B | - | 1.31B | 1.34B | 1.29B | 1.16B | 1.14B | 1.11B | - | 1.13B | 1.14B | 1.30B | - | - | - | - | 195.00M | 874.00M | 2.05B | 1.63B | 1.28B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.00M | 52.00M | 57.00M | 61.00M | 60.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145.00M | 822.00M | 1.99B | 1.57B | 1.23B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 116.00M | 223.00M | 355.00M | 193.00M | 206.00M |
| Net Income | - | 731.00M | 548.00M | 629.00M | - | 592.00M | 713.00M | 716.00M | - | 717.00M | 832.00M | 845.00M | - | 928.00M | 817.00M | 777.00M | - | 566.00M | 805.00M | 2.46B | - | 1.29B | 1.10B | 888.00M | 1.05B | 1.39B | 1.78B | - | 1.19B | 1.63B | 1.57B | - | 1.88B | 1.75B | -93.00M | 29.00M | 599.00M | 1.64B | 1.38B | 1.02B |
| Diluted EPS | 1.71 | 1.74 | 1.32 | 1.53 | 1.84 | 0.73 | 0.89 | 0.90 | 3.27 | 0.91 | 1.07 | 1.09 | 0.69 | 1.23 | 1.09 | 1.04 | 1.06 | 0.78 | 1.12 | 3.44 | 1.35 | 1.87 | 1.62 | 1.32 | 1.60 | 2.17 | 2.82 | 0.31 | 1.94 | 2.71 | 2.64 | 0.46 | 3.25 | 3.10 | -0.17 | 0.05 | 1.11 | 3.08 | 2.64 | 1.98 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.39B | 16.55B | 18.25B | 20.73B | 22.17B | 25.36B | 23.94B | 22.73B | 20.87B | 22.56B | 21.67B | 21.76B | 22.31B | 22.15B | 21.55B | 19.15B | 18.84B | 19.13B | 17.36B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | 3.44B | 3.98B | 4.50B | 4.66B | 4.40B | 4.25B | 4.00B | 4.12B | 4.09B | 4.35B | 4.46B | 4.42B | 4.93B | 5.09B | 5.46B | 6.61B | 4.75B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 226.00M | 195.00M | 197.00M | 220.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.87B | 5.26B | 6.42B | 4.53B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 451.00M | 603.00M | 974.00M | 887.00M |
| Net Income | - | 1.25B | 1.50B | 2.33B | 1.94B | 2.87B | 3.16B | 2.95B | 2.53B | 2.66B | 4.60B | 2.92B | 3.30B | 4.78B | 4.23B | 4.42B | 4.66B | 5.44B | 3.65B |
| Diluted EPS | 3.31 | 2.62 | 3.19 | 4.92 | 4.12 | 6.11 | 6.76 | 6.50 | 5.85 | 3.21 | 5.77 | 3.77 | 4.43 | 6.67 | 6.25 | 6.93 | 7.78 | 9.63 | 6.82 |
Compounded Sales Growth
| 5 Years: | -3.23% |
| 1 Year: | 27.90% |
Compounded Profit Growth
| 5 Years: | -6.20% |
| 1 Year: | 3,860.00% |
Stock Price Performance
| 1 Year: | +10.89% |
| 6 Months: | +1.77% |
| 3 Months: | +0.06% |
| 1 Month: | -2.76% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 79.33B | 84.11B | 100.24B | 116.24B | 121.31B | 121.31B | 119.73B | 118.26B | 129.82B | 137.22B | 140.41B | 152.77B | 165.09B | - | 131.74B | 126.72B | 117.57B | 116.47B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash & Equivalents | 1.20B | 1.56B | 941.00M | 2.32B | 2.12B | 2.25B | 2.04B | 2.54B | 4.66B | 4.35B | 4.86B | 3.49B | 4.34B | 4.90B | 5.14B | - | 3.94B | 4.31B | 6.23B | 6.25B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 647.00M | 848.00M | 779.00M | 835.00M |
| Total Liabilities | - | - | 72.69B | 75.69B | 89.98B | 103.29B | 115.12B | 106.69B | 101.42B | 100.55B | 109.34B | 112.62B | 116.94B | 123.81B | 131.53B | - | 111.60B | 104.74B | 91.47B | 86.98B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.29B | 7.24B | 7.40B | 8.33B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.44B | 7.36B | 7.50B | 8.41B |
| Total Equity | - | - | 6.64B | 8.42B | 10.54B | 12.95B | 15.98B | 14.62B | 18.35B | 17.71B | 20.48B | 24.60B | 23.46B | 28.96B | 33.56B | - | 20.14B | 21.98B | 26.10B | 29.49B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.35B | 1.36B | 1.36B | 1.36B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 4.66B | 4.96B | 6.16B | 6.99B | 10.84B | 14.95B | 10.55B | 6.55B | 6.78B | 5.99B | 6.13B | 6.01B | 5.46B | 5.96B | 5.05B | 3.88B | 3.19B | 2.71B | 2.56B |
| Investing Cash Flow | -3.65B | -4.28B | -5.48B | -7.43B | -10.83B | -16.95B | -11.09B | -4.24B | -4.90B | -3.85B | -5.43B | -3.58B | -3.17B | -4.62B | -2.38B | -1.54B | 817.00M | 2.78B | 1.56B |
| Financing Cash Flow | -655.00M | -1.38B | 699.00M | 161.00M | 64.00M | 1.95B | 1.14B | -147.00M | -2.19B | -1.62B | -2.06B | -1.62B | -1.71B | -1.11B | -2.74B | -3.55B | -3.72B | -3.49B | -4.07B |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.88B | 3.19B | 2.71B | 2.56B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.21B | 284.00M | 2.00B | 47.00M |
| Share Buybacks | 606.00M | 1.49B | 10.00M | 121.00M | 308.00M | 118.00M | 813.00M | 1.21B | 1.31B | 1.42B | 1.35B | 1.30B | 1.63B | 1.54B | 2.30B | 2.40B | 2.80B | 2.80B | 3.53B |
| Dividends Paid | 373.00M | 434.00M | 524.00M | 535.00M | 552.00M | 603.00M | 635.00M | 654.00M | 656.00M | 658.00M | 661.00M | 793.00M | 771.00M | 769.00M | 855.00M | 979.00M | 966.00M | 1.09B | 1.20B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | 18.8% | 19.2% | 20.3% | 18.4% | 18.4% | 18.7% | 19.2% | 18.2% | 18.9% | 20.0% | 20.0% | 19.9% | 22.9% | 26.6% | 29.0% | 34.6% | 27.4% |
| Net Margin % | - | 7.6% | 8.2% | 11.2% | 8.7% | 11.3% | 13.2% | 13.0% | 12.1% | 11.8% | 21.2% | 13.4% | 14.8% | 21.6% | 19.6% | 23.1% | 24.7% | 28.5% | 21.0% |
| ROE % | - | 18.9% | 17.8% | 22.1% | 15.0% | 17.9% | 21.6% | 16.1% | 14.3% | 13.0% | 18.7% | 12.4% | 11.4% | 14.2% | - | 21.9% | 21.2% | 20.9% | 12.4% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Insiders
10.90%
Institutions
59.79%
Public Float
67.10%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Japan Post Holdings Co., Ltd. | 10.21% | 51.97M | $5.84B |
| 2 | Blackrock Inc. | 7.11% | 36.21M | $4.07B |
| 3 | Vanguard Capital Management LLC | 5.94% | 30.25M | $3.40B |
| 4 | State Street Corporation | 4.64% | 23.60M | $2.65B |
| 5 | Vanguard Portfolio Management LLC | 3.58% | 18.24M | $2.05B |
| 6 | Geode Capital Management, LLC | 2.11% | 10.72M | $1.20B |
| 7 | Wells Fargo & Company | 2.07% | 10.55M | $1.19B |
| 8 | Morgan Stanley | 1.55% | 7.90M | $888.28M |
| 9 | Northern Trust Corporation | 1.29% | 6.55M | $736.45M |
| 10 | Dimensional Fund Advisors LP | 0.89% | 4.55M | $511.61M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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