Symbols / AFL Stock $113.40 -0.93% Aflac Incorporated

Financial Services • Insurance - Life • United States • NYQ
AFL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Insurance - Life
CEO Mr. Daniel Paul Amos
Exch · Country NYQ · United States
Market Cap 57.89B
Enterprise Value 60.69B
Income 4.64B
Sales 18.11B
FCF (ttm) —
Book/sh 58.69
Cash/sh 11.07
Employees 12,716
Insider 10d —
IPO Mar 17, 1980
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 26.86%
P/E 12.97
Forward P/E 14.85
PEG 1.18
P/S 3.20
P/B 1.93
P/C —
EV/EBITDA 10.32
EV/Sales 3.35
Quick Ratio 3.77
Current Ratio 4.16
Debt/Eq 26.39
LT Debt/Eq —
EPS (ttm) 8.74
EPS next Y 7.64
EPS Growth 38.60%
Revenue Growth 27.90%
EPS Gr Q/Q 34.14%
Rev Gr Q/Q —
Earnings (next) 2026-04-29
Earnings (prior) 2026-04-29
ROA 3.09%
ROE 16.47%
ROIC —
Gross Margin 50.05%
Oper. Margin 29.57%
Profit Margin 25.60%
Shs Outstand 510.53M
Shs Float 506.21M
Insider Own 10.95%
Instit Own 60.22%
Short Float 2.05%
Short Ratio 3.45
Short Interest 8.14M
52W High 119.32
vs 52W High -4.96%
52W Low 96.95
vs 52W Low 16.97%
Beta 0.62
Impl. Vol. 22.24%
Rel Volume 0.57
Avg Volume 2.34M
Volume 1.34M
Target (mean) $111.79
Tgt Median $112.50
Tgt Low $99.00
Tgt High $126.00
# Analysts 14
Recom Hold
Prev Close $114.46
Price $113.40
Change -0.93%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$111.79
Mean price target
2. Current target
$113.40
Latest analyst target
3. DCF / Fair value
$131.10
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$113.40
Low
$99.00
High
$126.00
Mean
$111.79

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-05 main Wells Fargo Equal-Weight → Equal-Weight $111
2026-05-01 main Piper Sandler Overweight → Overweight $125
2026-04-30 main Barclays Underweight → Underweight $99
2026-04-13 main Mizuho Underperform → Underperform $102
2026-04-10 main Keefe, Bruyette & Woods Market Perform → Market Perform $115
2026-04-10 main Wells Fargo Equal-Weight → Equal-Weight $116
2026-04-09 main UBS Neutral → Neutral $114
2026-02-25 main Wells Fargo Equal-Weight → Equal-Weight $118
2026-01-08 main Barclays Underweight → Underweight $101
2026-01-05 main JP Morgan Neutral → Neutral $105
2025-12-30 main Raymond James Outperform → Outperform $119
2025-12-22 main TD Cowen Hold → Hold $102
2025-12-16 init Mizuho — → Underperform $104
2025-11-17 main Morgan Stanley Equal-Weight → Equal-Weight $118
2025-11-07 main Wells Fargo Equal-Weight → Equal-Weight $109
2025-11-07 main Evercore ISI Group Underperform → Underperform $111
2025-11-05 main JP Morgan Neutral → Neutral $101
2025-11-05 main Barclays Underweight → Underweight $104
2025-10-09 main Keefe, Bruyette & Woods Market Perform → Market Perform $110
2025-10-09 main Evercore ISI Group Underperform → Underperform $110
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-09 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 86,155 $113.19 $9,756,507
2026-04-08 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 166,000 $111.78 $18,655,548
2026-04-07 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 24,200 $110.45 $2,672,907
2026-04-06 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 21,500 $110.33 $2,372,268
2026-04-02 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 20,100 $109.80 $2,215,024
2026-04-01 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 19,600 $109.72 $2,153,035
2026-03-30 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 14,700 $107.07 $1,590,989
2026-03-27 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 14,500 $106.60 $1,555,821
2026-03-26 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 14,900 $107.79 $1,608,878
2026-03-25 JAPAN POST HOLDINGS CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 14,200 $107.03 $1,519,826
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
17,355.00
-9.27%
19,128.00
+1.52%
18,841.00
-1.62%
19,151.00
Operating Revenue
17,355.00
-9.27%
19,128.00
+1.52%
18,841.00
-1.62%
19,151.00
Other Operating Expenses
191.00
-4.98%
201.00
+43.57%
140.00
+1172.73%
11.00
Total Expenses
12,822.00
+0.87%
12,711.00
-6.39%
13,579.00
-4.92%
14,282.00
EBIT
4,753.00
-28.14%
6,614.00
+21.20%
5,457.00
+7.11%
5,095.00
Net Income
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Pretax Income
4,533.00
-29.36%
6,417.00
+21.95%
5,262.00
+8.07%
4,869.00
Net Non Operating Interest Income Expense
-220.00
-11.68%
-197.00
-1.03%
-195.00
+13.72%
-226.00
Interest Expense Non Operating
220.00
+11.68%
197.00
+1.03%
195.00
-13.72%
226.00
Net Interest Income
-220.00
-11.68%
-197.00
-1.03%
-195.00
+13.72%
-226.00
Interest Expense
220.00
+11.68%
197.00
+1.03%
195.00
-13.72%
226.00
Other Income Expense
112.00
+12.00%
100.00
-43.50%
177.00
-19.55%
220.00
Tax Provision
887.00
-8.93%
974.00
+61.53%
603.00
+33.70%
451.00
Tax Rate For Calcs
0.00
+28.92%
0.00
+31.99%
0.00
+24.15%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Net Income From Continuing Operation Net Minority Interest
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Net Income From Continuing And Discontinued Operation
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Net Income Continuous Operations
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Normalized Income
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Net Income Common Stockholders
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Diluted EPS
6.82
-29.18%
9.63
+23.78%
7.78
+12.27%
6.93
Basic EPS
6.84
-29.34%
9.68
+23.94%
7.81
+12.21%
6.96
Basic Average Shares
532.88
-5.26%
562.49
-5.65%
596.17
-6.09%
634.82
Diluted Average Shares
534.88
-5.33%
565.01
-5.63%
598.75
-6.10%
637.65
Diluted NI Availto Com Stockholders
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Loss Adjustment Expense
10,546.00
+0.78%
10,464.00
-8.02%
11,376.00
-6.26%
12,136.00
Net Policyholder Benefits And Claims
10,546.00
+0.78%
10,464.00
-8.02%
11,376.00
-6.26%
12,136.00
Policyholder Benefits Ceded
260.00
+69.93%
153.00
+12.50%
136.00
-61.69%
355.00
Policyholder Benefits Gross
10,806.00
+1.78%
10,617.00
-7.77%
11,512.00
-9.77%
12,758.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
116,470.00
-0.93%
117,566.00
-7.23%
126,724.00
-3.81%
131,738.00
Cash Cash Equivalents And Short Term Investments
70,398.00
-1.54%
71,498.00
-7.86%
77,596.00
-2.62%
79,684.00
Cash And Cash Equivalents
6,245.00
+0.26%
6,229.00
+44.66%
4,306.00
+9.21%
3,943.00
Other Short Term Investments
64,153.00
-1.71%
65,269.00
-10.94%
73,290.00
-3.24%
75,741.00
Receivables
835.00
+7.19%
779.00
-8.14%
848.00
+31.07%
647.00
Accounts Receivable
835.00
+7.19%
779.00
-8.14%
848.00
+31.07%
647.00
Loans Receivable
4,425.00
-0.11%
4,430.00
-5.82%
4,704.00
-9.59%
5,203.00
Net PPE
351.00
-9.30%
387.00
-13.03%
445.00
-16.04%
530.00
Investments And Advances
81,128.00
-1.10%
82,031.00
-11.03%
92,197.00
-3.85%
95,888.00
Total Liabilities Net Minority Interest
86,980.00
-4.91%
91,468.00
-12.67%
104,739.00
-6.15%
111,598.00
Payables And Accrued Expenses
1,368.00
+138.74%
573.00
+272.08%
154.00
-77.94%
698.00
Payables
1,368.00
+138.74%
573.00
+272.08%
154.00
-77.94%
698.00
Other Payable
—
—
—
1,809.00
Total Tax Payable
1,368.00
+138.74%
573.00
+272.08%
154.00
-77.94%
698.00
Income Tax Payable
1,368.00
+138.74%
573.00
+272.08%
154.00
-77.94%
698.00
Long Term Debt And Capital Lease Obligation
8,409.00
+12.15%
7,498.00
+1.82%
7,364.00
-1.05%
7,442.00
Long Term Debt
8,330.00
+12.54%
7,402.00
+2.24%
7,240.00
-0.75%
7,295.00
Long Term Capital Lease Obligation
79.00
-17.71%
96.00
-22.58%
124.00
-15.65%
147.00
Stockholders Equity
29,490.00
+13.00%
26,098.00
+18.71%
21,985.00
+9.16%
20,140.00
Common Stock Equity
29,490.00
+13.00%
26,098.00
+18.71%
21,985.00
+9.16%
20,140.00
Capital Stock
136.00
+0.00%
136.00
+0.00%
136.00
+0.74%
135.00
Common Stock
136.00
+0.00%
136.00
+0.00%
136.00
+0.74%
135.00
Share Issued
1,357.91
+0.08%
1,356.76
+0.10%
1,355.40
+0.10%
1,354.08
Ordinary Shares Number
518.69
-5.69%
549.96
-4.93%
578.48
-5.98%
615.26
Treasury Shares Number
839.22
+4.02%
806.80
+3.85%
776.92
+5.16%
738.82
Additional Paid In Capital
3,024.00
+4.49%
2,894.00
+4.44%
2,771.00
+4.92%
2,641.00
Retained Earnings
54,682.00
+4.60%
52,277.00
+8.93%
47,993.00
+8.17%
44,367.00
Gains Losses Not Affecting Retained Earnings
1,452.00
+148.76%
-2,978.00
+46.05%
-5,520.00
+14.14%
-6,429.00
Treasury Stock
29,804.00
+13.62%
26,231.00
+12.12%
23,395.00
+13.71%
20,574.00
Other Equity Adjustments
8,035.00
+300.55%
2,006.00
+178.36%
-2,560.00
-21.90%
-2,100.00
Total Equity Gross Minority Interest
29,490.00
+13.00%
26,098.00
+18.71%
21,985.00
+9.16%
20,140.00
Total Capitalization
37,820.00
+12.90%
33,500.00
+14.63%
29,225.00
+6.52%
27,435.00
Invested Capital
37,820.00
+12.90%
33,500.00
+14.63%
29,225.00
+6.52%
27,435.00
Total Debt
8,409.00
+12.15%
7,498.00
+1.82%
7,364.00
-1.05%
7,442.00
Net Debt
2,085.00
+77.75%
1,173.00
-60.02%
2,934.00
-12.47%
3,352.00
Capital Lease Obligations
79.00
-17.71%
96.00
-22.58%
124.00
-15.65%
147.00
Net Tangible Assets
29,490.00
+13.00%
26,098.00
+18.71%
21,985.00
+9.16%
20,140.00
Tangible Book Value
29,490.00
+13.00%
26,098.00
+18.71%
21,985.00
+9.16%
20,140.00
Foreign Currency Translation Adjustments
-4,847.00
+3.02%
-4,998.00
-22.83%
-4,069.00
-14.17%
-3,564.00
Minimum Pension Liabilities
86.00
+760.00%
10.00
+225.00%
-8.00
+77.78%
-36.00
Unrealized Gain Loss
-1,822.00
-45650.00%
4.00
-99.64%
1,117.00
+253.22%
-729.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
2,555.00
-5.62%
2,707.00
-15.14%
3,190.00
-17.76%
3,879.00
Cash Flow From Continuing Operating Activities
2,555.00
-5.62%
2,707.00
-15.14%
3,190.00
-17.76%
3,879.00
Net Income From Continuing Operations
3,646.00
-33.01%
5,443.00
+16.83%
4,659.00
+5.45%
4,418.00
Other Non Cash Items
-82.00
+80.24%
-415.00
-135.08%
1,183.00
+1046.40%
-125.00
Operating Gains Losses
86.00
+104.69%
-1,835.00
-45.52%
-1,261.00
+17.31%
-1,525.00
Gain Loss On Investment Securities
350.00
-24.24%
462.00
+643.53%
-85.00
-124.93%
341.00
Net Foreign Currency Exchange Gain Loss
-264.00
+88.51%
-2,297.00
-95.32%
-1,176.00
+36.98%
-1,866.00
Change In Working Capital
-1,159.00
-79.97%
-644.00
+61.02%
-1,652.00
-844.14%
222.00
Change In Receivables
-66.00
-229.41%
51.00
+138.35%
-133.00
-2760.00%
5.00
Change In Payables And Accrued Expense
-278.00
+29.26%
-393.00
+59.36%
-967.00
-89.98%
-509.00
Change In Payable
-278.00
+29.26%
-393.00
+59.36%
-967.00
-89.98%
-509.00
Investing Cash Flow
1,561.00
-43.87%
2,781.00
+240.39%
817.00
+153.05%
-1,540.00
Cash Flow From Continuing Investing Activities
1,561.00
-43.87%
2,781.00
+240.39%
817.00
+153.05%
-1,540.00
Net Investment Purchase And Sale
-985.00
-211.80%
881.00
+22.02%
722.00
-0.82%
728.00
Purchase Of Investment
-12,528.00
-76.23%
-7,109.00
-98.85%
-3,575.00
+16.14%
-4,263.00
Sale Of Investment
11,543.00
+44.47%
7,990.00
+85.94%
4,297.00
-13.91%
4,991.00
Net Other Investing Changes
1,863.00
+121.52%
841.00
+252.91%
-550.00
+1.96%
-561.00
Financing Cash Flow
-4,069.00
-16.72%
-3,486.00
+6.37%
-3,723.00
-4.84%
-3,551.00
Cash Flow From Continuing Financing Activities
-4,069.00
-16.72%
-3,486.00
+6.37%
-3,723.00
-4.84%
-3,551.00
Net Issuance Payments Of Debt
955.00
+51.83%
629.00
+208.33%
204.00
+246.76%
-139.00
Issuance Of Debt
1,039.00
+26.25%
823.00
+303.43%
204.00
-84.03%
1,277.00
Repayment Of Debt
-84.00
+56.70%
-194.00
0.00
+100.00%
-1,416.00
Long Term Debt Issuance
1,039.00
+26.25%
823.00
+303.43%
204.00
-84.03%
1,277.00
Long Term Debt Payments
-84.00
+56.70%
-194.00
0.00
+100.00%
-1,416.00
Net Long Term Debt Issuance
955.00
+51.83%
629.00
+208.33%
204.00
+246.76%
-139.00
Net Common Stock Issuance
-3,522.00
-26.42%
-2,786.00
-0.07%
-2,784.00
-16.78%
-2,384.00
Common Stock Payments
-3,530.00
-26.07%
-2,800.00
+0.04%
-2,801.00
-16.66%
-2,401.00
Common Stock Dividend Paid
-1,198.00
-10.21%
-1,087.00
-12.53%
-966.00
+1.33%
-979.00
Cash Dividends Paid
-1,198.00
-10.21%
-1,087.00
-12.53%
-966.00
+1.33%
-979.00
Repurchase Of Capital Stock
-3,530.00
-26.07%
-2,800.00
+0.04%
-2,801.00
-16.66%
-2,401.00
Net Other Financing Charges
-304.00
-25.62%
-242.00
-36.72%
-177.00
-261.22%
-49.00
Changes In Cash
47.00
-97.65%
2,002.00
+604.93%
284.00
+123.43%
-1,212.00
Effect Of Exchange Rate Changes
-31.00
+60.76%
-79.00
-200.00%
79.00
-24.04%
104.00
Beginning Cash Position
6,229.00
+44.66%
4,306.00
+9.21%
3,943.00
-21.94%
5,051.00
End Cash Position
6,245.00
+0.26%
6,229.00
+44.66%
4,306.00
+9.21%
3,943.00
Free Cash Flow
2,555.00
-5.62%
2,707.00
-15.14%
3,190.00
-17.76%
3,879.00
Interest Paid Supplemental Data
197.00
+9.44%
180.00
-2.70%
185.00
-12.32%
211.00
Income Tax Paid Supplemental Data
1,165.00
-14.78%
1,367.00
-12.87%
1,569.00
+63.27%
961.00
Amortization Of Securities
-231.00
-12.68%
-205.00
+24.07%
-270.00
-3.05%
-262.00
Change In Income Tax Payable
-278.00
+29.26%
-393.00
+59.36%
-967.00
-89.98%
-509.00
Change In Tax Payable
-278.00
+29.26%
-393.00
+59.36%
-967.00
-89.98%
-509.00
Common Stock Issuance
8.00
-42.86%
14.00
-17.65%
17.00
+0.00%
17.00
Issuance Of Capital Stock
8.00
-42.86%
14.00
-17.65%
17.00
+0.00%
17.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category