Aflac (AFL): financials, SEC filings and peers
Aflac (AFL) is a life & health insurance company in the Financials sector of the S&P 500, headquartered in Columbus, Georgia.
It was founded in 1955 and joined the S&P 500 on May 28, 1999.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Accident & Health Insurance”.
Aflac at a glance
- Revenue (12 months)
- $18.1B
- Revenue growth
- +13.6%
- Operating margin
- 33.3%
- Net income (12 months)
- $4.9B
- Free cash flow (12 months)
- —
- Cash
- $6.1B
- Debt
- —
- Diluted EPS (12 months)
- $9.30
Twelve months to June 30, 2026, from the 10-Q filed August 7, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Aflac reported revenue of $18.1 billion, up 13.6% from a year earlier.
Its operating margin was 33.3%, up 12.0 percentage points from a year earlier: for every $100 of sales, about $33 was left as operating profit.
Net income was $4.9 billion (26.9% of revenue), 99.5% higher than a year earlier.
At the end of the period it held $6.1 billion in cash and not reported in debt, a net cash position of $6.1 billion.
The diluted share count fell 6.1% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $22.1 billion in fiscal 2020 to $17.2 billion in fiscal 2025, a decline of about 5.0% a year.
- Operating margin has been steady, around 21.7%.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $21.6B | $19.1B | $18.7B | $18.9B | $17.2B |
| Revenue growth | -2.7% | -11.2% | -2.3% | 1.2% | -9.3% |
| Operating margin | 22.9% | 21.7% | — | — | — |
| Net income | $4.2B | $4.4B | $4.7B | $5.4B | $3.6B |
| Free cash flow | — | — | — | — | — |
| Diluted EPS | $6.25 | $6.93 | $7.78 | $9.63 | $6.82 |
Fiscal years as reported in Aflac’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
Companies like Aflac
Other S&P 500 companies in Life & Health Insurance:
- GLGlobe LifeMcKinney, Texas
- METMetLifeNew York City, New York
- PFGPrincipal Financial GroupDes Moines, Iowa
- PRUPrudential FinancialNewark, New Jersey
More from Financials
Questions about Aflac
Is Aflac's revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $18.1 billion, up 13.6% from a year earlier, according to its SEC filings.
Is Aflac profitable?
Yes. It earned $4.9 billion in net income over the twelve months to June 30, 2026, a net margin of 26.9%.
When did Aflac last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 7, 2026.
Which companies are similar to Aflac?
In the S&P 500, Aflac is grouped in Life & Health Insurance within the Financials sector. Globe Life (GL), MetLife (MET), Principal Financial Group (PFG), Prudential Financial (PRU) are in the same group.
Understand the numbers
Source: Aflac’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.