Financials in USD. Standardized financial statements.
A compact view of how Aflac Incorporated turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $17.44B | $19.13B | $18.84B | $19.15B | $21.55B | $22.26B | $22.24B | $21.71B | $21.60B | $22.49B |
| Revenue Growth? | -8.8% | +1.5% | -1.6% | -11.1% | -3.2% | +0.1% | +2.5% | +0.5% | -4.0% | 0.0% |
| Cost of Revenue? | $10.65B | $12.31B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit? | $6.79B | $6.82B | $18.84B | $19.15B | $21.55B | $22.26B | $22.24B | $21.71B | $21.60B | $22.49B |
| Gross Margin? | +38.9% | +35.6% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% |
| Operating Expenses? | $2.15B | $398.00M | $13.58B | $14.28B | $16.34B | $18.10B | $17.80B | $17.73B | $17.58B | $18.42B |
| Operating Income? | $4.64B | $6.42B | $5.26B | $4.87B | $5.21B | $4.16B | $4.45B | $3.98B | $4.02B | $4.07B |
| EBITDA? | $5.53B | $6.42B | $5.26B | $4.87B | $5.21B | $4.16B | $4.45B | $3.98B | $4.02B | $4.07B |
| Income Before Tax | $4.53B | $6.42B | $5.26B | $4.87B | $5.21B | $4.16B | $4.45B | $3.98B | $4.02B | $4.07B |
| Income Tax Expense | $887.00M | $974.00M | $603.00M | $451.00M | $977.00M | -$619.00M | $1.14B | $1.06B | -$586.00M | $1.41B |
| Net Income? | $3.65B | $5.44B | $4.66B | $4.42B | $4.23B | $4.78B | $3.30B | $2.92B | $4.60B | $2.66B |
| EPS? | $6.86 | $9.68 | $7.81 | $6.96 | $6.42 | $6.69 | $4.45 | $3.79 | $5.52 | $3.23 |
| Diluted EPS? | $6.83 | $9.63 | $7.78 | $6.93 | $6.39 | $6.67 | $4.43 | $3.77 | $5.48 | $3.21 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality