Aflac Inc - Understand $afl stock

$AFL Market Cap: $60.81 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$19.30B

TTM

Gross Margin

62.68%

TTM

Net Earnings

$5.471B

TTM

Current Assets

Current Liabilities

$855.0M

Q2 2024

Current Ratio

Total Assets

$120.2B

Q2 2024

Total Liabilities

$94.12B

Q2 2024

Book Value

$26.05B

Q2 2024

Cash

$6.060B

Q2 2024

P/E

11.12

Sep 13, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$18.70B	$19.50B	$22.11B	$22.15B	$22.31B	$21.76B	$21.67B	$22.56B	$20.87B	$22.73B	$23.94B	$25.36B	$22.17B	$20.73B	$19.62B	$17.31B	$15.39B	$14.62B	$14.36B	$13.28B	$11.45B	$10.26B	$9.598B	$9.703B	$8.640B	$7.104B	$7.251B	$7.100B	$7.191B	$6.111B	$5.001B	$3.986B	$3.283B	$2.678B	$2.438B	$2.328B	$1.893B	$1.394B	$955.0M	$824.0M	$704.0M
YoY Change	-4.11%	-11.78%	-0.19%	-0.72%	2.52%	0.42%	-3.95%	8.08%	-8.17%	-5.06%	-5.62%	14.4%	6.94%	5.69%	13.34%	12.43%	5.32%	1.76%	8.15%	16.02%	11.6%	6.87%	-1.08%	12.3%	21.62%	-2.03%	2.13%	-1.27%	17.67%	22.2%	25.46%	21.41%	22.59%	9.84%	4.73%	22.98%	35.8%	45.97%	15.9%	17.05%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$18.70B	$19.50B	$22.11B	$22.15B	$22.31B	$21.76B	$21.67B	$22.56B	$20.87B	$22.73B	$23.94B	$25.36B	$22.17B	$20.73B	$19.62B	$17.31B	$15.39B	$14.62B	$14.36B	$13.28B	$11.45B	$10.26B	$9.598B	$9.703B	$8.640B	$7.104B	$7.251B	$7.100B	$7.191B	$6.111B	$5.001B	$3.986B	$3.283B	$2.678B	$2.438B	$2.328B	$1.893B	$1.394B	$955.0M	$824.0M	$704.0M
Cost Of Revenue	$8.211B	$9.153B	$10.58B	$11.80B	$11.94B	$12.00B	$12.18B	$12.92B	$11.75B	$12.94B	$13.81B	$15.33B	$13.75B	$12.11B
Gross Profit	$10.49B	$10.35B	$11.53B	$10.35B	$10.37B	$9.758B	$9.486B	$9.640B	$9.126B	$9.791B	$10.13B	$10.03B	$8.422B	$8.626B
Gross Profit Margin	56.09%	53.07%	52.16%	46.74%	46.47%	44.85%	43.78%	42.73%	43.72%	43.08%	42.3%	39.56%	37.99%	41.61%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$3.165B	$3.250B	$3.544B	$3.420B	$3.089B	$2.988B	$2.780B	$2.796B	$2.606B	$2.261B	$2.222B	$2.415B	$2.336B	$2.159B
YoY Change	-2.62%	-8.3%	3.63%	10.72%	3.38%	7.48%	-0.57%	7.29%	15.26%	1.76%	-7.99%	3.38%	8.2%
% of Gross Profit	30.17%	31.4%	30.74%	33.04%	29.8%	30.62%	29.31%	29.0%	28.56%	23.09%	21.94%	24.07%	27.74%	25.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$816.0M	$1.152B	$1.170B	$1.214B	$1.282B	$1.245B	$1.132B	$1.141B	$1.066B	$1.108B	$1.074B	$1.117B	$1.033B	$958.0M														$48.00M
YoY Change	-29.17%	-1.54%	-3.62%	-5.3%	2.97%	9.98%	-0.79%	7.04%	-3.79%	3.17%	-3.85%	8.13%	7.83%
% of Gross Profit	7.78%	11.13%	10.15%	11.73%	12.37%	12.76%	11.93%	11.84%	11.68%	11.32%	10.61%	11.13%	12.27%	11.11%
Operating Expenses	$13.44B	$14.90B	$6.208B	$6.192B	$5.920B	$2.988B	$2.780B	$2.796B	$2.606B	$2.261B	$2.222B	$2.415B	$2.336B	$2.159B	$15.95B	$14.61B	$12.87B	$12.33B	$12.11B	$11.49B	$10.23B	$8.978B	$8.498B	$8.773B	$7.844B	$6.540B	$6.372B	$6.434B	$6.574B	$5.595B	$4.562B	$3.651B	$3.004B	$2.447B	$2.207B	$2.115B	$1.708B	$1.258B	$856.0M	$738.0M	$641.0M
YoY Change	-9.79%	139.98%	0.26%	4.59%	98.13%	7.48%	-0.57%	7.29%	15.26%	1.76%	-7.99%	3.38%	8.2%	-86.46%	9.14%	13.55%	4.33%	1.81%	5.48%	12.3%	13.91%	5.65%	-3.13%	11.84%	19.94%	2.64%	-0.96%	-2.13%	17.5%	22.64%	24.95%	21.54%	22.76%	10.87%	4.35%	23.83%	35.77%	46.96%	15.99%	15.13%
Operating Profit	-$2.949B	$4.157B	$4.934B	$4.416B	$4.461B	$4.354B	$4.087B	$4.117B	$4.001B	$4.253B	$4.399B	$4.658B	$4.502B	$3.983B
YoY Change	-170.94%	-15.75%	11.73%	-1.01%	2.46%	6.53%	-0.73%	2.9%	-5.93%	-3.32%	-5.56%	3.47%	13.03%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	$195.0M	$226.0M	$238.0M	$242.0M	$228.0M	$222.0M	$240.0M	$268.0M	$289.0M	$317.0M	$293.0M	$261.0M	$196.0M	$149.0M	-$72.00M	-$29.00M	-$27.00M	-$19.00M	-$23.00M	-$23.00M	-$22.00M	-$20.00M	-$19.00M	-$19.00M	-$18.00M	-$13.00M	-$14.00M	-$16.00M	-$16.00M	-$11.00M	-$11.00M	-$10.00M	-$14.00M	-$15.00M	-$19.00M	-$11.00M	-$5.000M	-$5.000M	-$4.000M	-$3.000M	-$3.000M
YoY Change	-13.72%	-5.04%	-1.65%	6.14%	2.7%	-7.5%	-10.45%	-7.27%	-8.83%	8.19%	12.26%	33.16%	31.54%	-306.94%	148.28%	7.41%	42.11%	-17.39%	0.0%	4.55%	10.0%	5.26%	0.0%	5.56%	38.46%	-7.14%	-12.5%	0.0%	45.45%	0.0%	10.0%	-28.57%	-6.67%	-21.05%	72.73%	120.0%	0.0%	25.0%	33.33%	0.0%
% of Operating Profit		5.44%	4.82%	5.48%	5.11%	5.1%	5.87%	6.51%	7.22%	7.45%	6.66%	5.6%	4.35%	3.74%
Other Income/Expense, Net	$39.00M	$0.00	-$74.00M	-$28.00M	-$1.000M	-$74.00M	-$69.00M	-$137.0M	-$233.0M	$67.00M	$28.00M	-$7.000M	$0.00	$0.00
YoY Change		-100.0%	164.29%	2700.0%	-98.65%	7.25%	-49.64%	-41.2%	-447.76%	139.29%	-500.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$5.262B	$4.604B	$5.322B	$4.159B	$4.445B	$3.983B	$4.018B	$4.067B	$3.862B	$4.491B	$4.816B	$4.302B	$2.950B	$3.561B	$2.235B	$1.914B	$2.499B	$2.264B	$2.226B	$1.773B	$1.198B	$1.259B	$1.081B	$1.012B	$778.0M	$551.0M	$865.0M	$650.0M	$601.0M	$504.0M	$428.0M	$325.0M	$265.0M	$216.0M	$178.0M	$202.0M	$180.0M	$131.0M	$94.00M	$83.00M	$60.00M
YoY Change	14.29%	-13.49%	27.96%	-6.43%	11.6%	-0.87%	-1.2%	5.31%	-14.01%	-6.75%	11.95%	45.83%	-17.16%	59.33%	16.77%	-23.41%	10.38%	1.71%	25.55%	48.0%	-4.85%	16.47%	6.82%	30.08%	41.2%	-36.3%	33.08%	8.15%	19.25%	17.76%	31.69%	22.64%	22.69%	21.35%	-11.88%	12.22%	37.4%	39.36%	13.25%	38.33%
Income Tax	$603.0M	$403.0M	$997.0M	-$619.0M	$1.141B	$1.063B	-$586.0M	$1.408B	$1.329B	$1.540B	$1.658B	$1.436B	$1.013B	$1.233B	$738.0M	$660.0M	$865.0M	$781.0M	$743.0M	$507.0M	$430.0M	$438.0M	$394.0M	$325.0M	$207.0M	$64.00M	$280.0M	$256.0M	$252.0M	$212.0M	$184.0M	$141.0M	$116.0M	$99.00M	$97.00M	$93.00M	$78.00M	$53.00M	$40.00M	$29.00M	$29.00M
% Of Pretax Income	11.46%	8.75%	18.73%	-14.88%	25.67%	26.69%	-14.58%	34.62%	34.41%	34.29%	34.43%	33.38%	34.34%	34.63%	33.02%	34.48%	34.61%	34.5%	33.38%	28.6%	35.89%	34.79%	36.45%	32.11%	26.61%	11.62%	32.37%	39.38%	41.93%	42.06%	42.99%	43.38%	43.77%	45.83%	54.49%	46.04%	43.33%	40.46%	42.55%	34.94%	48.33%
Net Earnings	$4.659B	$4.201B	$4.325B	$4.778B	$3.304B	$2.920B	$4.604B	$2.659B	$2.533B	$2.951B	$3.158B	$2.866B	$1.937B	$2.328B	$1.497B	$1.254B	$1.634B	$1.483B	$1.483B	$1.266B	$768.0M	$821.0M	$687.0M	$687.0M	$571.0M	$487.0M	$585.0M	$394.0M	$349.0M	$293.0M	$255.0M	$183.0M	$149.0M	$117.0M	$81.00M	$109.0M	$102.0M	$78.00M	$54.00M	$54.00M	$31.00M
YoY Change	10.9%	-2.87%	-9.48%	44.61%	13.15%	-36.58%	73.15%	4.97%	-14.16%	-6.55%	10.19%	47.96%	-16.8%	55.51%	19.38%	-23.26%	10.18%	0.0%	17.14%	64.84%	-6.46%	19.51%	0.0%	20.32%	17.25%	-16.75%	48.48%	12.89%	19.11%	14.9%	39.34%	22.82%	27.35%	44.44%	-25.69%	6.86%	30.77%	44.44%	0.0%	74.19%
Net Earnings / Revenue	24.91%	21.54%	19.56%	21.57%	14.81%	13.42%	21.25%	11.79%	12.14%	12.98%	13.19%	11.3%	8.74%	11.23%	7.63%	7.25%	10.62%	10.15%	10.33%	9.53%	6.71%	8.0%	7.16%	7.08%	6.61%	6.86%	8.07%	5.55%	4.85%	4.79%	5.1%	4.59%	4.54%	4.37%	3.32%	4.68%	5.39%	5.6%	5.65%	6.55%	4.4%
Basic Earnings Per Share	$7.81	$6.62	$6.42	$6.69	$4.45	$3.79	$5.81	$3.23	$5.88	$6.54	$6.80	$6.14	$4.16	$4.96
Diluted Earnings Per Share	$7.78	$6.588M	$6.39	$6.67	$4.43	$3.77	$5.77	$3.21	$5.85	$6.50	$6.76	$6.11	$4.12	$4.92	$1.596M	$1.309M	$1.654M	$1.477M	$1.461M	$1.226M	$735.6K	$776.7K	$639.1K	$630.3K	$518.1K	$441.5K	$519.5K	$340.8K	$291.8K	$236.9K	$201.9K	$145.5K	$119.1K	$94.89K	$65.96K	$89.20K	$83.68K	$64.89K	$45.15K	$45.72K	$28.62K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$4.306B	$3.943B	$5.051B	$5.141B	$4.896B	$4.337B	$3.491B	$4.859B	$4.350B	$4.658B	$2.543B	$2.041B	$2.249B	$2.121B	$2.323B	$941.0M	$1.563B	$1.203B	$1.297B	$3.813B	$1.052B	$1.379B	$852.0M	$609.0M	$616.0M	$374.0M	$236.0M	$209.0M	$4.000M	$18.00M	$23.00M	$36.00M	$46.00M	$26.00M	$24.00M	$20.00M	$19.00M	$12.00M	$3.000M	$15.00M	$11.00M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets																			$105.0M	$1.000M							$3.000M			$304.0M	$232.0M	$180.0M	$185.0M	$144.0M	$120.0M	$115.0M	$100.0M	$83.00M	$63.00M	$43.00M	$40.00M
YoY Change																			10400.0%											31.03%	28.89%	-2.7%	28.47%	20.0%	4.35%	15.0%	20.48%	31.75%	46.51%	7.5%
Property, Plant & Equipment	$445.0M	$530.0M	$538.0M	$601.0M	$581.0M	$443.0M	$434.0M	$433.0M	$427.0M	$429.0M	$481.0M	$564.0M	$617.0M	$620.0M	$593.0M	$597.0M	$496.0M	$458.0M	$448.0M	$515.0M	$518.0M	$482.0M	$456.0M	$481.0M	$509.0M	$466.0M	$386.0M	$472.0M	$552.0M	$580.0M	$361.0M	$223.0M	$132.0M	$132.0M	$125.0M	$131.0M	$115.0M	$98.00M	$65.00M	$47.00M	$42.00M
YoY Change	-16.04%	-1.49%	-10.48%	3.44%	31.15%	2.07%	0.23%	1.41%	-0.47%	-10.81%	-14.72%	-8.59%	-0.48%	4.55%	-0.67%	20.36%	8.3%	2.23%	-13.01%	-0.58%	7.47%	5.7%	-5.2%	-5.5%	9.23%	20.73%	-18.22%	-14.49%	-4.83%	60.66%	61.88%	68.94%	0.0%	5.6%	-4.58%	13.91%	17.35%	50.77%	38.3%	11.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$109.3B	$117.4B	$137.9B	$144.6B	$133.2B	$121.9B	$120.2B	$111.5B	$101.5B	$102.7B	$105.9B	$116.2B	$101.2B	$86.11B	$70.87B	$67.61B	$55.49B	$50.77B	$47.69B	$48.14B	$43.00B	$37.77B	$31.94B	$31.56B	$31.41B	$26.62B	$25.68B	$21.11B	$21.42B	$16.53B	$12.45B	$9.425B	$8.010B	$6.243B	$4.976B	$4.627B	$3.805B	$2.387B	$1.567B	$1.033B	$840.0M
YoY Change	-6.94%	-14.88%	-4.62%	8.57%	9.26%	1.45%	7.77%	9.8%	-1.11%	-3.05%	-8.83%	14.79%	17.54%	21.5%	4.82%	21.83%	9.3%	6.45%	-0.93%	11.96%	13.85%	18.25%	1.21%	0.48%	17.99%	3.67%	21.64%	-1.45%	29.55%	32.84%	32.05%	17.67%	28.3%	25.46%	7.54%	21.6%	59.41%	52.33%	51.69%	22.98%
Other Assets
YoY Change
Total Long-Term Assets																			$56.26B	$59.33B							$29.45B			$19.98B	$15.21B	$11.72B	$9.960B	$7.891B	$6.395B	$5.959B	$4.928B	$3.219B	$2.208B	$1.549B	$1.312B
YoY Change																			-5.17%											31.37%	29.78%	17.68%	26.22%	23.39%	7.32%	20.92%	53.09%	45.79%	42.54%	18.06%
Total Assets	$126.7B	$131.0B	$157.5B	$165.1B	$152.8B	$140.4B	$137.2B	$129.8B	$118.3B	$119.8B	$121.3B	$131.1B	$116.2B	$101.0B	$84.11B	$79.33B	$65.81B	$59.81B	$56.36B	$59.33B	$50.96B	$45.06B	$37.86B	$37.23B	$37.04B	$31.22B	$29.45B	$25.02B	$25.22B	$20.29B	$15.44B	$11.90B	$10.15B	$8.035B	$6.515B	$6.074B	$5.028B	$3.302B	$2.271B	$1.592B	$1.352B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$118.0M	$139.0M	$105.0M	$143.0M	$149.0M
YoY Change	-15.11%	32.38%	-26.57%	-4.03%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$3.000M	$3.000M
YoY Change	0.0%
Total Short-Term Liabilities	$275.0M	$1.438B	$4.444B	$5.768B	$7.395B	$5.072B	$5.351B	$5.913B	$5.281B	$7.486B	$9.538B	$10.14B	$3.146B	$2.160B	$2.136B	$2.934B	$3.339B	$3.269B	$3.199B	$5.332B	$2.563B	$3.687B	$2.856B	$2.021B	$1.511B	$1.865B	$5.077B	$1.854B	$2.856B	$1.392B	$950.0M	$849.0M	$769.0M	$684.0M	$568.0M	$578.0M	$514.0M	$350.0M	$240.0M	$157.0M	$136.0M
YoY Change	-80.88%	-67.64%	-22.95%	-22.0%	45.8%	-5.21%	-9.5%	11.97%	-29.45%	-21.51%	-5.89%	222.16%	45.65%	1.12%	-27.2%	-12.13%	2.14%	2.19%	-40.0%	108.04%	-30.49%	29.1%	41.32%	33.75%	-18.98%	-63.27%	173.84%	-35.08%	105.17%	46.53%	11.9%	10.4%	12.43%	20.42%	-1.73%	12.45%	46.86%	45.83%	52.87%	15.44%
Long-Term Debt	$7.243B	$7.442B	$7.851B	$7.756B	$6.420B	$5.778B	$5.289B	$5.360B	$4.971B	$5.282B	$4.897B	$4.352B	$3.285B	$3.038B	$2.599B	$1.721B	$1.465B	$1.426B	$1.395B	$1.429B	$1.409B	$1.312B	$1.207B	$1.079B	$1.018B	$596.0M	$523.0M	$354.0M	$327.0M	$185.0M	$122.0M	$126.0M	$139.0M	$158.0M	$214.0M	$174.0M	$83.00M	$65.00M	$56.00M	$25.00M	$24.00M
YoY Change	-2.67%	-5.21%	1.22%	20.81%	11.11%	9.25%	-1.32%	7.83%	-5.89%	7.86%	12.52%	32.48%	8.13%	16.89%	51.02%	17.47%	2.73%	2.22%	-2.38%	1.42%	7.39%	8.7%	11.86%	5.99%	70.81%	13.96%	47.74%	8.26%	76.76%	51.64%	-3.17%	-9.35%	-12.03%	-26.17%	22.99%	109.64%	27.69%	16.07%	124.0%	4.17%
Other Long-Term Liabilities	$4.119B	$7.952B	$4.760B	$3.612B	$3.440B	$2.906B	$2.832B	$4.338B	$2.665B	$4.719B	$2.850B	$2.680B	$2.267B	$2.329B	$1.709B	$1.818B	$1.530B	$1.329B	$1.511B	$1.433B	$1.106B	$939.0M	$780.0M	$872.0M	$1.040B	$957.0M	$538.0M	$453.0M	$386.0M	$1.103B	$1.058B	$582.0M	$514.0M	$253.0M	$165.0M	$156.0M	$165.0M	$108.0M	$78.00M	$61.00M	$53.00M
YoY Change	-48.2%	67.06%	31.78%	5.0%	18.38%	2.61%	-34.72%	62.78%	-43.53%	65.58%	6.34%	18.22%	-2.66%	36.28%	-6.0%	18.82%	15.12%	-12.05%	5.44%	29.57%	17.78%	20.38%	-10.55%	-16.15%	8.67%	77.88%	18.76%	17.36%	-65.0%	4.25%	81.79%	13.23%	103.16%	53.33%	5.77%	-5.45%	52.78%	38.46%	27.87%	15.09%
Total Long-Term Liabilities	$11.36B	$15.39B	$12.61B	$11.37B	$9.860B	$8.684B	$8.121B	$9.698B	$7.636B	$10.00B	$7.747B	$7.032B	$5.552B	$5.367B	$4.308B	$3.539B	$2.995B	$2.755B	$2.906B	$2.862B	$2.515B	$2.251B	$1.987B	$1.951B	$2.058B	$1.553B	$1.061B	$807.0M	$713.0M	$1.288B	$1.180B	$708.0M	$653.0M	$411.0M	$379.0M	$330.0M	$248.0M	$173.0M	$134.0M	$86.00M	$77.00M
YoY Change	-26.19%	22.07%	10.93%	15.29%	13.54%	6.93%	-16.26%	27.0%	-23.65%	29.1%	10.17%	26.66%	3.45%	24.58%	21.73%	18.16%	8.71%	-5.2%	1.54%	13.8%	11.73%	13.29%	1.85%	-5.2%	32.52%	46.37%	31.47%	13.18%	-44.64%	9.15%	66.67%	8.42%	58.88%	8.44%	14.85%	33.06%	43.35%	29.1%	55.81%	11.69%
Total Liabilities	$104.7B	$108.7B	$124.3B	$131.5B	$123.8B	$116.9B	$112.6B	$109.3B	$100.5B	$101.4B	$106.7B	$115.1B	$103.3B	$89.98B	$75.69B	$72.69B	$57.01B	$51.46B	$48.43B	$51.75B	$44.32B	$38.66B	$32.44B	$32.54B	$33.17B	$27.45B	$26.02B	$22.90B	$23.08B	$18.54B	$14.08B	$10.82B	$9.221B	$7.244B	$5.813B	$5.431B	$4.481B	$2.856B	$1.932B	$1.313B	$1.117B
YoY Change	-3.6%	-12.58%	-5.5%	6.23%	5.87%	3.84%	3.0%	8.74%	-0.86%	-4.94%	-7.32%	11.45%	14.79%	18.89%	4.12%	27.51%	10.78%	6.26%	-6.41%	16.77%	14.62%	19.2%	-0.31%	-1.92%	20.84%	5.49%	13.67%	-0.81%	24.53%	31.67%	30.11%	17.33%	27.29%	24.62%	7.03%	21.2%	56.9%	47.83%	47.14%	17.55%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	596.2M shares	634.8M shares	673.6M shares	713.7M shares	742.4M shares	769.6M shares	792.0M shares	822.9M shares	430.7M shares	451.2M shares	464.5M shares	466.9M shares	466.5M shares	469.0M shares
Diluted Shares Outstanding	598.7M shares	637.7M shares	676.7M shares	716.2M shares	746.4M shares	774.7M shares	797.9M shares	827.8M shares	433.2M shares	454.0M shares	467.4M shares	469.3M shares	469.4M shares	473.1M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $60.813 Billion

About Aflac Inc

Aflac, Inc. is a holding company, which engages in the provision of financial protection services. The company is headquartered in Columbus, Georgia and currently employs 12,785 full-time employees. The firm's insurance business is marketed and administered through Aflac Life Insurance Japan Ltd. (ALIJ) in Japan and through American Family Life Assurance Company of Columbus (Aflac), American Family Life Assurance Company of New York (Aflac New York), Continental American Insurance Company (CAIC), Tier One Insurance Company (TOIC) and Aflac Benefit Solutions, Inc. (ABS) in the United States. Its segments include Aflac Japan and Aflac U.S. Aflac Japan is designed to help consumers pay for medical and non-medical costs that are not reimbursed under Japan's national health insurance system. Its insurance products include cancer, medical and income support insurance, nursing care insurance, work leave insurance, whole life, GIFT and WAYS and child endowment. The company designs its United States insurance products to provide supplemental coverage for people having medical or primary insurance coverage.

Industry: Accident & Health Insurance Peers: /entities/ang-pa Brighthouse Financial Inc Globe Life Inc Lincoln National Corp MetLife Inc Principal Financial Group Inc Prudential Financial Inc Unum Group Primerica Inc