Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 19.1B
Net Income 5.4B 28.46%
EPS (Diluted) $9.63

Balance Sheet Metrics

Total Assets 117.6B
Total Liabilities 91.5B
Shareholders Equity 26.1B
Debt to Equity 3.50

Cash Flow Metrics

Operating Cash Flow 5.1B
Free Cash Flow 2.7B

Revenue & Profitability Trend

Aflac Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 19.1B 18.8B 19.2B 21.5B 22.3B
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Operating Expenses 201.0M 140.0M 11.0M -8.0M 114.0M
Operating Income - - - - -
Pre-tax Income 6.4B 5.3B 4.9B 5.2B 4.2B
Income Tax 974.0M 603.0M 451.0M 977.0M -619.0M
Net Income 5.4B 4.7B 4.4B 4.2B 4.8B
EPS (Diluted) $9.63 $7.78 $6.93 $6.39 $6.67

Income Statement Trend

Aflac Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 117.6B - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 91.5B - - - -
Equity
Total Shareholders Equity 26.1B 22.0B 20.1B 33.3B 33.6B

Balance Sheet Composition

Aflac Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 5.4B 4.7B 4.4B 4.2B 4.8B
Operating Cash Flow 5.1B 5.7B 4.3B 4.9B 5.1B
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow 1.7B 172.0M 167.0M -1.2B -3.4B
Financing Activities
Dividends Paid -1.1B -966.0M -979.0M -855.0M -769.0M
Financing Cash Flow -3.5B -3.7B -3.6B -2.7B -1.1B
Free Cash Flow 2.7B 3.2B 3.9B 5.1B 6.0B

Cash Flow Trend

Aflac Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 16.30
Forward P/E 14.62
Price to Book 2.16
Price to Sales 3.36
PEG Ratio 14.62

Profitability Ratios

Profit Margin 21.27%
Operating Margin 5.74%
Return on Equity 14.41%
Return on Assets 2.34%

Financial Health

Current Ratio 1.38
Debt to Equity 42.51
Beta 0.81

Per Share Data

EPS (TTM) $6.43
Book Value per Share $48.55
Revenue per Share $30.43

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
afl 56.7B 16.30 2.16 14.41% 21.27% 42.51
Manulife Financial 52.5B 15.89 1.07 10.73% 17.56% 44.28
MetLife 53.2B 12.94 1.94 15.98% 6.13% 172.75
Prudential 37.4B 16.66 1.25 7.91% 3.80% 148.07
Unum 14.1B 9.44 1.26 14.68% 12.31% 35.30
Globe Life 10.0B 9.82 1.84 20.47% 18.33% 58.41

Financial data is updated regularly. All figures are in the company's reporting currency.