Aflac Financial Statements From 2010 to 2026

AFL Stock  USD 114.91  0.97  0.84%   
Aflac Incorporated's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Aflac Incorporated's valuation are provided below:
Gross Profit
B
Profit Margin
0.2124
Market Capitalization
60.2 B
Enterprise Value Revenue
4.1278
Revenue
17.2 B
There are over one hundred nineteen available fundamental signals for Aflac Incorporated, which can be analyzed over time and compared to other ratios. We recommend to validate Aflac Incorporated's prevailing fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 27.1 B this year. Enterprise Value is expected to rise to about 27.5 B this year

Aflac Incorporated Total Revenue

14.59 Billion

Check Aflac Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aflac Incorporated's main balance sheet or income statement drivers, such as Interest Expense of 113.4 M, Total Revenue of 14.6 B or Gross Profit of 6.4 B, as well as many indicators such as Price To Sales Ratio of 3.52, Dividend Yield of 0.0128 or PTB Ratio of 2.44. Aflac financial statements analysis is a perfect complement when working with Aflac Incorporated Valuation or Volatility modules.
  
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Check out the analysis of Aflac Incorporated Correlation against competitors.
For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.

Aflac Incorporated Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets77.7 B116.5 B121.3 B
Slightly volatile
Short and Long Term Debt Total8.8 B8.4 B6.7 B
Slightly volatile
Total Stockholder Equity31 B29.5 B22 B
Slightly volatile
Net Debt2.3 B2.2 B1.8 B
Slightly volatile
Retained Earnings57.4 B54.7 B32.8 B
Slightly volatile
Non Current Assets Total58.6 B108.7 B80.1 B
Slightly volatile
Common Stock Shares Outstanding788.6 M532 M791.3 M
Slightly volatile
Liabilities And Stockholders Equity77.7 B116.5 B121.3 B
Slightly volatile
Non Current Liabilities Total50 B87 B66.2 B
Very volatile
Total Liabilities62.4 B87 B93 B
Very volatile
Total Current Liabilities626 M659 MB
Very volatile
Property Plant And Equipment Net500.2 M351 M463.9 M
Pretty Stable
Net Receivables619.1 M835 M757.7 M
Pretty Stable
Property Plant And Equipment Gross485.5 M691.1 M512.7 M
Slightly volatile
Total Current Assets7.4 B7.8 B63.2 B
Pretty Stable
Short Term Debt135.5 M142.6 M2.3 B
Slightly volatile
Common Stock Total Equity163 M155.2 M102.4 M
Slightly volatile
Common Stock79 M156.4 M97.7 M
Slightly volatile
Accounts Payable2.9 B1.5 B3.8 B
Slightly volatile
Cash6.6 B6.2 B4.2 B
Slightly volatile
Cash And Short Term Investments5.9 B6.2 B67 B
Very volatile
Short Term Investments40.7 B75.1 B69.6 B
Slightly volatile
Other Liabilities66.4 B105.5 B78.2 B
Slightly volatile
Long Term Debt4.5 B8.4 B5.7 B
Slightly volatile
Property Plant Equipment397.7 M351 M478.8 M
Slightly volatile
Net Tangible Assets24.2 B25.7 B22.1 B
Slightly volatile
Long Term Debt Total7.1 B8.4 B6.1 B
Slightly volatile
Capital Surpluse2.4 BB2.2 B
Slightly volatile
Long Term Investments56.1 B94.3 B50.9 B
Slightly volatile
Non Current Liabilities Other111.8 B114.9 B103.1 B
Slightly volatile
Capital Lease Obligations104.5 M110.4 M70.3 M
Slightly volatile
Cash And Equivalents5.3 B6.2 B4.9 B
Slightly volatile
Net Invested Capital37 B38.5 B32.6 B
Slightly volatile
Capital Stock148.8 M156.4 M137.2 M
Slightly volatile

Aflac Incorporated Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense113.4 M220 M220.6 M
Very volatile
Total Revenue14.6 B17.4 B19.9 B
Very volatile
Gross Profit6.4 B6.8 B18 B
Slightly volatile
Other Operating Expenses11.5 B12.8 B15.6 B
Pretty Stable
Operating Income2.6 B4.6 B4.3 B
Slightly volatile
EBIT2.6 B4.7 B4.3 B
Slightly volatile
EBITDA5.8 B5.5 B4.6 B
Slightly volatile
Net Income1.9 B3.6 B3.3 B
Slightly volatile
Income Before Tax2.9 B4.5 B4.2 B
Slightly volatile
Cost Of Revenue10.3 B10.7 B11.6 B
Slightly volatile
Depreciation And Amortization1.1 BB342.3 M
Slightly volatile
Selling General Administrative1.5 B2.5 B1.4 B
Pretty Stable
Selling And Marketing Expenses233.7 M246 M351.9 M
Slightly volatile
Net Income Applicable To Common Shares2.9 B3.6 B3.4 B
Slightly volatile
Net Income From Continuing OpsB6.3 B3.7 B
Slightly volatile
Interest Income186.5 M220 M246.9 M
Slightly volatile

Aflac Incorporated Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash FlowB3.1 B6.1 B
Slightly volatile
Begin Period Cash Flow5.2 BB3.8 B
Slightly volatile
Total Cash From Operating ActivitiesB3.1 B6.1 B
Slightly volatile
Net Income6.6 B6.3 B3.7 B
Slightly volatile
End Period Cash Flow7.5 B7.2 B4.3 B
Slightly volatile
Change To Liabilities88.1 M92.7 M2.6 B
Slightly volatile
Change To Operating Activities565.2 M594.9 M2.2 B
Slightly volatile
Issuance Of Capital Stock23.9 M12.6 M41.7 M
Slightly volatile
Stock Based Compensation43.2 M71.1 M58.5 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.523.35181.8192
Slightly volatile
Dividend Yield0.01280.0210.0212
Slightly volatile
PTB Ratio2.441.9821.7363
Pretty Stable
Days Sales Outstanding16.0517.477614.2029
Pretty Stable
Book Value Per Share58.4255.636331.7152
Slightly volatile
Free Cash Flow Yield0.05120.05390.2306
Slightly volatile
Operating Cash Flow Per Share4.124.377.3934
Slightly volatile
Capex To Depreciation0.880.840.8795
Slightly volatile
PB Ratio2.441.9821.7363
Pretty Stable
EV To Sales3.653.47591.9079
Slightly volatile
Free Cash Flow Per Share4.14.377.3915
Slightly volatile
ROIC0.02950.03690.0345
Slightly volatile
Net Income Per Share7.226.87864.9232
Slightly volatile
Sales General And Administrative To Revenue0.07610.130.1301
Pretty Stable
Capex To Revenue0.00320.00340.0032
Slightly volatile
Cash Per Share11.1911.781990.0573
Pretty Stable
POCF Ratio20.1519.198.2646
Slightly volatile
Interest Coverage20.0421.095520.2077
Pretty Stable
Payout Ratio0.350.33730.2346
Pretty Stable
Capex To Operating Cash Flow0.01960.01130.0109
Pretty Stable
PFCF Ratio20.1519.198.2662
Slightly volatile
Income Quality0.540.572.511
Slightly volatile
ROE0.130.12360.1601
Very volatile
EV To Operating Cash Flow20.5919.618.621
Slightly volatile
PE Ratio15.3616.030910.8713
Pretty Stable
Return On Tangible Assets0.01740.03390.027
Slightly volatile
EV To Free Cash Flow20.5919.618.6227
Slightly volatile
Earnings Yield0.06330.06240.0968
Pretty Stable
Intangibles To Total Assets0.08140.07760.0737
Slightly volatile
Net Debt To EBITDA0.770.39170.4234
Slightly volatile
Current Ratio153146156
Pretty Stable
Tangible Book Value Per Share40.5238.592628.7086
Slightly volatile
Receivables Turnover20.5420.883826.2007
Pretty Stable
Graham Number97.4392.794158.8791
Slightly volatile
Shareholders Equity Per Share58.4255.636331.735
Slightly volatile
Debt To Equity0.170.28510.2595
Pretty Stable
Capex Per Share0.03920.05950.0491
Slightly volatile
Revenue Per Share34.5432.898827.4018
Slightly volatile
Interest Debt Per Share17.0916.27968.9923
Slightly volatile
Debt To Assets0.07580.07220.0467
Slightly volatile
Enterprise Value Over EBITDA10.4210.970699.8657
Slightly volatile
Short Term Coverage Ratios9.5610.0613.1171
Slightly volatile
Price Earnings Ratio15.3616.030910.8713
Pretty Stable
Operating Cycle16.0517.477614.2029
Pretty Stable
Price Book Value Ratio2.441.9821.7363
Pretty Stable
Dividend Payout Ratio0.350.33730.2346
Pretty Stable
Price To Operating Cash Flows Ratio20.1519.198.2646
Slightly volatile
Price To Free Cash Flows Ratio20.1519.198.2662
Slightly volatile
Pretax Profit Margin0.140.25990.2014
Slightly volatile
Ebt Per Ebit0.920.880.9159
Slightly volatile
Operating Profit Margin0.150.26610.2495
Pretty Stable
Company Equity Multiplier3.753.94956.0233
Slightly volatile
Long Term Debt To Capitalization0.140.22190.2
Pretty Stable
Total Debt To Capitalization0.140.22190.204
Pretty Stable
Return On Capital Employed0.04460.03980.05
Slightly volatile
Debt Equity Ratio0.170.28510.2595
Pretty Stable
Ebit Per Revenue0.150.26610.2495
Pretty Stable
Quick Ratio153146156
Pretty Stable
Dividend Paid And Capex Coverage Ratio2.722.869.7891
Slightly volatile
Net Income Per E B T0.580.80430.7734
Slightly volatile
Cash Ratio6.025.737.4694
Pretty Stable
Cash Conversion Cycle16.0517.477614.2029
Pretty Stable
Operating Cash Flow Sales Ratio0.150.160.2879
Slightly volatile
Days Of Sales Outstanding16.0517.477614.2029
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.780.90.9759
Slightly volatile
Cash Flow Coverage Ratios0.390.421.3652
Slightly volatile
Price To Book Ratio2.441.9821.7363
Pretty Stable
Fixed Asset Turnover25.0849.680942.3453
Very volatile
Capital Expenditure Coverage Ratio10491.1998.5341
Slightly volatile
Price Cash Flow Ratio20.1519.198.2646
Slightly volatile
Enterprise Value Multiple10.4210.970699.8657
Slightly volatile
Debt Ratio0.07580.07220.0467
Slightly volatile
Cash Flow To Debt Ratio0.390.421.3652
Slightly volatile
Price Sales Ratio3.523.35181.8192
Slightly volatile
Return On Assets0.01730.03130.0266
Slightly volatile
Asset Turnover0.260.14970.1843
Slightly volatile
Net Profit Margin0.220.20910.1682
Slightly volatile
Gross Profit Margin0.590.38930.4032
Pretty Stable
Price Fair Value2.441.9821.7363
Pretty Stable
Return On Equity0.130.12360.1601
Very volatile

Aflac Incorporated Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap27.1 B25.8 B26.7 B
Slightly volatile
Enterprise Value27.5 B26.2 B27.2 B
Slightly volatile

Aflac Fundamental Market Drivers

Forward Price Earnings15.2672
Cash And Short Term Investments6.2 B

Aflac Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Aflac Incorporated Financial Statements

Aflac Incorporated investors utilize fundamental indicators, such as revenue or net income, to predict how Aflac Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue17.4 B14.6 B
Cost Of Revenue10.7 B10.3 B
Sales General And Administrative To Revenue 0.13  0.08 
Revenue Per Share 32.90  34.54 
Ebit Per Revenue 0.27  0.15 

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When determining whether Aflac Incorporated is a strong investment it is important to analyze Aflac Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aflac Incorporated's future performance. For an informed investment choice regarding Aflac Stock, refer to the following important reports:
Check out the analysis of Aflac Incorporated Correlation against competitors.
For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aflac Incorporated. If investors know Aflac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Aflac Incorporated assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.23)
Dividend Share
2.32
Earnings Share
6.83
Revenue Per Share
32.21
Quarterly Revenue Growth
(0.1)
Investors evaluate Aflac Incorporated using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Aflac Incorporated's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Aflac Incorporated's market price to deviate significantly from intrinsic value.
Understanding that Aflac Incorporated's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Aflac Incorporated represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Aflac Incorporated's market price signifies the transaction level at which participants voluntarily complete trades.