Aflac Incorporated logo

Aflac Incorporated

AFL

NYSEFinancial ServicesInsurance - Life

Previous close

$116.07

−$0.10 · -0.09%

Aug 21, 4:00 PM ET

AFL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

67

Undervalued

Momentum

46

Neutral

Sentiment

58

Mixed

Risk resilience

86

Low Risk

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Company profile

Company website

Aflac Incorporated, operating through its various subsidiary companies, focuses on delivering supplementary health and life insurance policies. The firm's business activities are structured into two primary divisions: Aflac Japan and Aflac U.S. In Japan, the company offers a diverse range of insurance products, including coverage for cancer, medical expenses, income support for nursing care, and the distinct GIFT plan. This segment also provides traditional whole and term life insurance, along with savings-oriented plans like WAYS and child endowment products. Meanwhile, the Aflac U.S. division caters to the American market, furnishing policies that address cancer, accidents, short-term disability, critical illness, and hospital stays. Additionally, it provides dental, vision, long-term care, disability, and both term and whole life insurance options. Aflac distributes its comprehensive suite of products through multiple channels, which include dedicated sales associates, independent brokers, various corporate and individual agencies, and affiliated agencies. Established in 1955, the company maintains its corporate headquarters in Columbus, Georgia.

Industry
Insurance - Life
Sector
Financial Services
Headquarters
US
CEO
Daniel Paul Amos
Listed since
Mar 17, 1980
Employees
12,716

Market position

Day range

Current $116.07

52-week range

Current $116.07

Open
$116.41
Previous close
$116.17
Volume
1.23M
0.52× average
Average volume
2.35M
Average daily volume
Market cap
59.08B USD
Beta
0.6
Market reference 1
50-day average
$121.54
-4.50% below average
200-day average
$114.38
+1.48% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
2.4
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends108%76%44%12%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2024: 35.63%Gross margin, FY2025: 38.93%Operating margin, FY2021: 24.17%Operating margin, FY2022: 25.42%Operating margin, FY2023: 27.93%Operating margin, FY2024: 33.55%Operating margin, FY2025: 26.61%Net margin, FY2021: 19.64%Net margin, FY2022: 23.07%Net margin, FY2023: 24.73%Net margin, FY2024: 28.46%Net margin, FY2025: 20.91%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2024 35.63%. Gross margin FY2025 38.93%. Operating margin FY2021 24.17%. Operating margin FY2022 25.42%. Operating margin FY2023 27.93%. Operating margin FY2024 33.55%. Operating margin FY2025 26.61%. Net margin FY2021 19.64%. Net margin FY2022 23.07%. Net margin FY2023 24.73%. Net margin FY2024 28.46%. Net margin FY2025 20.91%.

Income trends

Revenue

17.44B USD-8.84%

Operating income

4.64B USD-27.68%

Net income

3.65B USD-33.01%
Income trends across reported periods23.34B USD16.18B USD9.02B USD1.86B USDRevenue, FY2021: 21.55B USDRevenue, FY2022: 19.15B USDRevenue, FY2023: 18.84B USDRevenue, FY2024: 19.13B USDRevenue, FY2025: 17.44B USDOperating income, FY2021: 5.21B USDOperating income, FY2022: 4.87B USDOperating income, FY2023: 5.26B USDOperating income, FY2024: 6.42B USDOperating income, FY2025: 4.64B USDNet income, FY2021: 4.23B USDNet income, FY2022: 4.42B USDNet income, FY2023: 4.66B USDNet income, FY2024: 5.44B USDNet income, FY2025: 3.65B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 21.55B USD. Revenue FY2022 19.15B USD. Revenue FY2023 18.84B USD. Revenue FY2024 19.13B USD. Revenue FY2025 17.44B USD. Operating income FY2021 5.21B USD. Operating income FY2022 4.87B USD. Operating income FY2023 5.26B USD. Operating income FY2024 6.42B USD. Operating income FY2025 4.64B USD. Net income FY2021 4.23B USD. Net income FY2022 4.42B USD. Net income FY2023 4.66B USD. Net income FY2024 5.44B USD. Net income FY2025 3.65B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue17.44B USD19.13B USD18.84B USD19.15B USD21.55B USD
Cost of goods sold10.65B USD12.31B USD
Gross profit6.79B USD6.82B USD18.84B USD19.15B USD21.55B USD
Selling, general, and administrative2.7B USD
Operating expenses2.15B USD398M USD13.58B USD14.28B USD16.34B USD
Interest income973M USD
Interest expense220M USD197M USD195M USD226M USD238M USD
Depreciation and amortization874M USD
Operating income4.64B USD6.42B USD5.26B USD4.87B USD5.21B USD
Net income3.65B USD5.44B USD4.66B USD4.42B USD4.23B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
+5.88%
11 comparable reports
Latest EPS result
1.75
Estimate 1.76 · Miss by 0.57%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.592.211.841.46Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 1.56, estimate 1.62, surprise -3.70%, Miss. Q2 2025, reported Apr 30, 2025: actual 1.66, estimate 1.67, surprise -0.60%, Miss. Q3 2025, reported Aug 5, 2025: actual 1.78, estimate 1.7, surprise +4.71%, Beat. Q4 2025, reported Nov 4, 2025: actual 2.49, estimate 1.77, surprise +40.68%, Beat. Q1 2026, reported Feb 4, 2026: actual 1.57, estimate 1.69, surprise -7.10%, Miss. Q2 2026, reported Apr 29, 2026: actual 1.75, estimate 1.79, surprise -2.23%, Miss. Q3 2026, reported Aug 6, 2026: actual 1.75, estimate 1.76, surprise -0.57%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.8, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.72B4.89B4.06B3.23BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 5.5B USD, estimate 4.33B USD, surprise +26.98%, Beat. Q2 2025, reported Apr 30, 2025: actual 3.45B USD, estimate 4.28B USD, surprise -19.28%, Miss. Q3 2025, reported Aug 5, 2025: actual 4.22B USD, estimate 4.33B USD, surprise -2.58%, Miss. Q4 2025, reported Nov 4, 2025: actual 4.79B USD, estimate 4.37B USD, surprise +9.79%, Beat. Q1 2026, reported Feb 4, 2026: actual 4.87B USD, estimate 4.25B USD, surprise +14.49%, Beat. Q2 2026, reported Apr 29, 2026: actual 4.35B USD, estimate 4.2B USD, surprise +3.41%, Beat. Q3 2026, reported Aug 6, 2026: actual 4.12B USD, estimate 4.11B USD, surprise +0.25%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 4.07B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$118.86

2.40% upside
Past 12 months12-month forecastHigh $138Average $118.86Low $99.00

Rating distribution

32 ratings
Strong buy00%
Buy928%
Hold1856%
Sell516%
Strong sell00%

AFL news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.32

2025 complete year+75.8% since 2021

2026 partial: $1.83

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 19, 2026

$0.61

Quarterly

Record Aug 19, 2026 · Payment Sep 1, 2026

Dividend

Ex-dividend May 20, 2026

$0.61

Quarterly

Record May 20, 2026 · Payment Jun 1, 2026

Dividend

Ex-dividend Feb 18, 2026

$0.61

Quarterly

Record Feb 18, 2026 · Payment Mar 2, 2026

Dividend

Ex-dividend Nov 19, 2025

$0.58

Quarterly

Record Nov 19, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Aug 20, 2025

$0.58

Quarterly

Record Aug 20, 2025 · Payment Sep 2, 2025

Dividend

Ex-dividend May 21, 2025

$0.58

Quarterly

Record May 21, 2025 · Payment Jun 2, 2025

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