Aflac financials
$111.78−1.65%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.16B | $18.93B | $18.70B | $19.14B | $21.55B | $22.15B | $22.31B | $21.76B | $21.67B | $22.56B |
| Gross profit | $8.01B | $9.63B | $8.62B | $8.34B | $8.99B | $7.82B | $7.76B | $7.19B | $7.04B | $7.13B |
| Gross margin | 46.6% | 50.9% | 46.1% | 43.6% | 41.7% | 35.3% | 34.8% | 33.1% | 32.5% | 31.6% |
| Operating income | $4.75B | $6.61B | $5.46B | $5.09B | $5.45B | $4.40B | $4.67B | $4.21B | $4.26B | $4.33B |
| Net income | $3.65B | $5.44B | $4.66B | $4.42B | $4.23B | $4.78B | $3.30B | $2.92B | $4.60B | $2.66B |
| Net margin | 21.2% | 28.8% | 24.9% | 23.1% | 19.6% | 21.6% | 14.8% | 13.4% | 21.2% | 11.8% |
| Diluted EPS | $6.82 | $9.63 | $7.78 | $6.93 | $6.25 | $6.67 | $4.43 | $3.77 | $5.77 | $3.21 |
| EBITDA | $5.63B | $7.46B | $6.27B | $5.89B | $6.28B | $5.62B | $5.96B | $5.45B | $5.39B | $5.48B |
| Operating cash flow | $2.56B | $2.71B | $3.19B | $3.88B | $5.05B | $5.96B | $5.46B | $6.01B | $6.13B | $5.99B |
| Free cash flow | $2.56B | $2.71B | $3.19B | $3.88B | $5.05B | $5.96B | $5.46B | $6.01B | — | — |
| Diluted shares | 534.9M | 565.0M | 598.7M | 637.7M | 676.7M | 716.2M | 746.4M | 774.7M | 797.9M | 827.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.25B | $6.23B | $4.31B | $3.94B | $5.05B | $5.14B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $12.40B | $9.54B | $8.87B | $9.25B | $10.12B | $8.86B |
| Total assets | $116.47B | $117.57B | $126.72B | $131.74B | $157.54B | $165.09B |
| Total liabilities | $86.98B | $91.47B | $104.74B | $111.60B | $124.29B | $131.53B |
| Shareholders' equity | $29.49B | $26.10B | $21.98B | $20.14B | $33.25B | $33.56B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology