AFL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price

$118.97

Market Cap

$57.20B

P/E (TTM)

16.2

EPS (TTM)

$6.82

Revenue (TTM)

$17.16B

Div Yield

2.1%

ROE

12.9%

Debt/Equity

—

52W Range

$97 – $120

AFL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $17.16B

2016-12-31 → 2025-12-31

EPS $6.82

2016-12-31 → 2025-12-31

Free Cash Flow —

Margins 21.2%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric

5Y trend

AFL

Peer Median

P/E (TTM)

16.2

15.0

P/S (TTM)

3.3

0.6

P/B

1.9

0.9

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric

5Y trend

AFL

Peer Median

Net Profit Margin

21.2%

5.3%

ROA

3.1%

0.28%

ROE

12.9%

6.8%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric

5Y trend

AFL

Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric

5Y trend

AFL

Peer Median

Revenue YoY

-9.3%

—

Revenue CAGR 3Y

-3.6%

—

Revenue CAGR 5Y

-5.0%

—

EPS YoY

-29.2%

—

Net Income YoY

-33.0%

—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric

5Y trend

AFL

Peer Median

EPS (Diluted)

$6.82

—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric

5Y trend

AFL

Peer Median

Payout Ratio

32.9%

—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield

2.1%

Payout Ratio

32.9%

5Y Div CAGR

—

Ex-date	Amount
May 20, 2026	$0.6100
Feb. 18, 2026	$0.6100
Nov. 19, 2025	$0.5800
Aug. 20, 2025	$0.5800
May 21, 2025	$0.5800
Feb. 19, 2025	$0.5800
Nov. 20, 2024	$0.5000
Aug. 21, 2024	$0.5000
May 21, 2024	$0.5000
Feb. 20, 2024	$0.5000
Nov. 14, 2023	$0.4200
Aug. 22, 2023	$0.4200
May 16, 2023	$0.4200
Feb. 14, 2023	$0.4200
Nov. 15, 2022	$0.4000
Aug. 23, 2022	$0.4000
May 17, 2022	$0.4000
Feb. 15, 2022	$0.4000
Nov. 16, 2021	$0.3300
Aug. 17, 2021	$0.3300

AFL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 23 analysts

Strong Buy 1 4.3%
Buy 2 8.7%
Hold 12 52.2%
Sell 7 30.4%
Strong Sell 1 4.3%

12-Month Price Target

14 analysts · 2026-06-22

Median $112.00

Now $118.97

Low $99.00

High $130.00

Median target $112.00 -5.9%

Mean target $112.43 -5.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise

0.10%

Next Report

Aug 06, 2026

Period	EPS Actual	EPS Est	Surprise
March 31, 2026	$1.75	$1.83	-0.08%
Dec. 31, 2025	$1.57	$1.71	-0.14%
Sept. 30, 2025	$2.49	$1.79	0.70%
June 30, 2025	$1.78	$1.72	0.06%
March 31, 2025	$1.66	$1.69	-0.03%

Peer Comparison Key metrics vs sector peers

Ticker	Market Cap	P/E	Rev YoY	Net Margin	ROE	Gross Margin
AFL	$57.20B	16.2	-9.3%	21.2%	12.9%	—
MET	$51.73B	16.8	8.6%	4.4%	12.1%	—
PRU	—	—	—	—	—	—
PFG	$19.18B	16.8	-3.1%	7.6%	10.3%	—
UNM	—	—	—	—	—	—
GL	$12.90B	9.9	3.7%	19.4%	20.4%	—
PRI	$8.22B	11.3	6.6%	22.8%	31.9%	—
OSCR	—	-8.5	27.5%	-3.8%	-44.5%	—
LNC	$8.46B	7.6	-1.2%	6.5%	12.3%	—

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14

Annual Income Statement data for AFL
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$17.16B	$18.93B	$18.70B	$19.14B	$21.55B	$22.15B	$22.31B	$21.76B	$21.67B	$22.56B	$20.87B	$22.73B
SG&A Expense	$3.25B	$3.01B	$3.17B	$3.25B	$3.54B	$3.42B	$3.09B	$2.99B	$2.78B	$2.80B	$2.61B	$2.26B
Operating Expenses	$5.34B	$5.06B	$5.23B	$5.38B	$5.87B	$6.19B	$5.92B	·	·	·	·	·
Operating Income	·	·	·	$4.16B	$4.93B	$4.42B	$4.46B	$4.35B	$4.09B	$4.12B	$4.00B	$4.25B
Interest Expense	·	·	$195M	$226M	$238M	$242M	$228M	$222M	$240M	$268M	$289M	$317M
Other Non-op	·	·	$39M	$0	$-73M	$-28M	$-1M	$-74M	$-69M	$-137M	$-233M	$67M
Pretax Income	$4.53B	$6.42B	$5.26B	$4.87B	$5.21B	$4.16B	$4.45B	$3.98B	$4.02B	$4.07B	$3.86B	$4.49B
Income Tax	$887M	$974M	$603M	$451M	$977M	$-619M	$1.14B	$1.06B	$-586M	$1.41B	$1.33B	$1.54B
Net Income	$3.65B	$5.44B	$4.66B	$4.42B	$4.23B	$4.78B	$3.30B	$2.92B	$4.60B	$2.66B	$2.53B	$2.95B
EPS (Basic)	$6.84	$9.68	$7.81	$6.96	$6.28	$6.69	$4.45	$3.79	$5.81	$3.23	$5.88	$6.54
EPS (Diluted)	$6.82	$9.63	$7.78	$6.93	$6.25	$6.67	$4.43	$3.77	$5.77	$3.21	$5.85	$6.50
Shares (Basic)	532,885,000	562,492,000	596,173,000	634,816,000	673,617,000	713,702,000	742,414,000	769,588,000	792,042,000	822,942,000	430,654,000	451,204,000
Shares (Diluted)	534,878,000	565,015,000	598,745,000	637,655,000	676,729,000	716,192,000	746,430,000	774,650,000	797,861,000	827,841,000	433,172,000	454,000,000
EBITDA	·	·	·	$4.16B	$4.93B	$4.42B	$4.46B	$4.35B	$4.09B	$4.30B	$4.07B	$4.25B

Balance Sheet 14

Annual Balance Sheet data for AFL
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Equivalents	$6.25B	$6.23B	$4.31B	$3.94B	$5.05B	$5.14B	$4.90B	$4.34B	$3.49B	$4.86B	$4.35B	$4.66B
PP&E (Net)	$351M	$387M	$445M	$530M	$538M	$601M	$581M	$443M	$434M	$433M	$427M	$429M
PP&E (Gross)	$1.02B	$1.04B	$1.10B	$1.19B	$1.20B	$1.26B	$1.19B	$1.02B	$981M	$942M	$895M	$866M
Accum. Depreciation	$667M	$651M	$654M	$662M	$663M	$656M	$609M	$581M	$547M	$509M	$468M	$437M
Goodwill	$260M	$263M	$265M	$265M	$268M	$269M	$140M	·	·	·	·	·
Total Assets	$116.47B	$117.57B	$126.72B	$131.74B	$157.54B	$165.09B	$152.77B	$140.41B	$137.22B	$129.82B	$118.26B	$119.73B
Total Liabilities	$86.98B	$91.47B	$104.74B	$111.60B	$124.29B	$131.53B	$123.81B	$116.94B	$112.62B	$109.34B	$100.55B	$101.42B
Common Stock	$136M	$136M	$136M	$135M	$135M	$135M	$135M	$135M	$135M	$67M	$67M	$67M
Retained Earnings	$54.68B	$52.28B	$47.99B	$44.37B	$41.38B	$37.98B	$34.29B	$31.79B	$29.89B	$25.98B	$24.01B	$22.16B
Treasury Stock	$29.80B	$26.23B	$23.39B	$20.57B	$18.18B	$15.90B	$14.39B	$12.79B	$11.51B	$10.17B	$8.82B	$7.57B
AOCI	·	·	$-5.52B	$-6.43B	$-8.41B	$8.93B	$6.62B	$2.15B	$4.03B	$2.63B	$625M	$1.98B
Stockholders' Equity	$29.49B	$26.10B	$21.98B	$20.14B	$17.03B	$33.56B	$28.96B	$23.46B	$24.60B	$20.48B	$17.71B	$18.35B
Liabilities + Equity	$116.47B	$117.57B	$126.72B	$131.74B	$157.54B	$165.09B	$152.77B	$140.41B	$137.22B	$129.82B	$118.26B	$119.77B
Shares Outstanding	518,690,000	549,964,000	578,479,000	615,256,000	652,132,000	692,454,000	726,793,000	755,286,000	780,910,000	811,621,000	424,380,000	442,445,000

Cash Flow 10

Annual Cash Flow data for AFL
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
D&A	$36M	$40M	$39M	$45M	$45M	$41M	$41M	$49M	$53M	$54M	$50M	$55M
Deferred Tax	$-228M	$-356M	$-1.06B	$-730M	$-118M	$-1.41B	$335M	$-316M	$-1.22B	$524M	$41M	$461M
Operating Cash Flow	$2.56B	$2.71B	$3.19B	$3.88B	$5.05B	$5.96B	$5.46B	$6.01B	$6.13B	$5.99B	$6.78B	$6.55B
Investing Cash Flow	$1.56B	$2.78B	$817M	$-1.54B	$-2.38B	$-4.62B	$-3.17B	$-3.58B	$-5.43B	$-3.85B	$-4.90B	$-4.24B
Stock Repurchased	$3.53B	$2.80B	$2.80B	$2.40B	$2.30B	$1.54B	$1.63B	$1.30B	$1.35B	$1.42B	$1.31B	$1.21B
Net Stock Activity	$-3.53B	$-2.80B	$-2.80B	$-2.40B	$-2.30B	$-1.54B	$-1.63B	$-1.30B	$-1.35B	$-1.42B	$-1.31B	$-1.21B
Dividends Paid	$1.20B	$1.09B	$966M	$979M	$855M	$769M	$771M	$793M	$661M	$658M	$656M	$654M
Financing Cash Flow	$-4.07B	$-3.49B	$-3.72B	$-3.55B	$-2.74B	$-1.11B	$-1.71B	$-1.62B	$-2.06B	$-1.62B	$-2.19B	$-147M
Net Change in Cash	$16M	$1.92B	$363M	$-1.11B	$-90M	$245M	$559M	$846M	$-1.37B	$509M	$-308M	$2.12B
Taxes Paid	$1.17B	$1.37B	$1.57B	$961M	$880M	$800M	$1.38B	$998M	$780M	$1.53B	$996M	$1.42B

Profitability 7

Annual Profitability data for AFL
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Operating Margin	·	·	·	21.3%	22.3%	19.9%	20.0%	20.0%	18.9%	19.1%	19.5%	18.7%
Net Margin	21.2%	28.8%	24.9%	21.5%	19.6%	21.6%	14.8%	13.4%	21.2%	11.8%	12.1%	13.0%
Pretax Margin	26.4%	33.9%	28.1%	23.6%	24.1%	18.8%	19.9%	18.3%	18.5%	18.0%	18.5%	19.8%
EBITDA Margin	·	·	·	21.3%	22.3%	19.9%	20.0%	20.0%	18.9%	19.1%	19.5%	18.7%
ROA	3.1%	4.5%	3.6%	2.9%	2.7%	3.0%	2.2%	2.1%	3.5%	2.1%	2.1%	2.5%
ROE	12.9%	21.4%	20.9%	19.9%	13.0%	14.5%	11.3%	12.5%	19.8%	12.3%	14.5%	16.3%
ROIC	·	·	·	17.0%	12.1%	15.1%	11.5%	13.6%	19.0%	13.7%	15.1%	15.2%

Liquidity & Solvency 1

Annual Liquidity & Solvency data for AFL
Metric	Trend	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Coverage		·	·	·	18.4	20.7	18.2	19.6	19.6	17.0	16.1	14.1	13.4

Efficiency 1

Annual Efficiency data for AFL
Metric	Trend	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Asset Turnover		0.1	0.2	0.1	0.1	0.1	0.1	0.2	0.2	0.2	0.2	0.2	0.2

Per Share 7

Annual Per Share data for AFL
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Book Value / Share	$56.85	$47.45	$38.00	$36.35	$50.99	$48.46	$39.84	$31.06	$63.00	$50.47	$41.73	$41.47
Revenue / Share	$32.09	$33.50	$31.23	$30.58	$32.67	$30.92	$29.88	$28.09	$54.31	$54.50	$48.18	$50.06
Cash Flow / Share	$4.78	$4.79	$5.33	$6.08	$7.46	$8.32	$7.31	$7.76	$15.36	$14.46	$15.64	$14.43
Cash / Share	$12.04	$11.33	$7.44	$6.41	$7.75	$7.42	$6.74	$5.74	$8.94	$11.97	$10.25	$10.53
Dividend / Share	$2	$2	$2	$2	·	·	·	·	·	·	·	·
Dividend Paid / Share	$2	$2	$2	$2	$1	$1	$1	·	·	·	·	·
EPS (TTM)	$6.82	$9.63	$7.78	$6.93	$6.25	$6.67	$4.43	$3.77	$5.77	$3.21	$5.85	$6.50

Growth Rates 10

Annual Growth Rates data for AFL
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue YoY	-9.3%	1.2%	-2.3%	-11.2%	-2.7%	·	·	·	·	·	·	·
Revenue CAGR 3Y	-3.6%	-4.2%	-5.5%	·	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	-5.0%	·	·	·	·	·	·	·	·	·	·	·
EPS YoY	-29.2%	23.8%	12.3%	10.9%	-6.3%	·	·	·	·	·	·	·
EPS CAGR 3Y	-0.53%	15.5%	5.3%	·	·	·	·	·	·	·	·	·
EPS CAGR 5Y	0.45%	·	·	·	·	·	·	·	·	·	·	·
Net Income YoY	-33.0%	16.8%	5.5%	4.4%	-11.5%	·	·	·	·	·	·	·
Net Income CAGR 3Y	-6.2%	8.8%	-0.84%	·	·	·	·	·	·	·	·	·
Net Income CAGR 5Y	-5.3%	·	·	·	·	·	·	·	·	·	·	·
Dividend CAGR 5Y	9.3%	·	·	·	·	·	·	·	·	·	·	·

Valuation (TTM) 12

Annual Valuation (TTM) data for AFL
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue TTM	$17.16B	$18.93B	$18.70B	$19.14B	$21.55B	$22.15B	$22.31B	$21.76B	$21.67B	$22.56B	$20.87B	$22.73B
Net Income TTM	$3.65B	$5.44B	$4.66B	$4.42B	$4.23B	$4.78B	$3.30B	$2.92B	$4.60B	$2.66B	$2.53B	$2.95B
Market Cap	$57.20B	$56.89B	$47.72B	$44.26B	$38.08B	$30.79B	$38.45B	$34.41B	$17.14B	$14.12B	$12.71B	$13.51B
P/E	16.2	10.7	10.6	10.4	9.3	6.7	11.9	12.1	7.6	10.8	5.1	4.7
P/S	3.3	3.0	2.6	2.3	1.8	1.4	1.7	1.6	0.8	0.6	0.6	0.6
P/B	1.9	2.2	2.2	2.0	1.1	0.9	1.3	1.5	0.7	0.7	0.7	0.7
P / Tangible Book	2.0	2.2	2.2	2.2	2.3	0.9	·	·	·	·	·	·
P / Cash Flow	22.4	21.0	15.0	11.4	7.5	5.2	7.0	5.7	2.8	2.4	1.9	2.1
Dividend Yield	2.1%	1.9%	2.0%	2.2%	2.2%	2.5%	2.0%	2.3%	3.9%	4.7%	5.2%	4.8%
Earnings Yield	6.2%	9.3%	9.4%	9.6%	10.7%	15.0%	8.4%	8.3%	13.2%	9.2%	19.5%	21.3%
Payout Ratio	32.9%	20.0%	20.7%	23.3%	19.8%	16.1%	23.3%	27.2%	14.4%	24.8%	25.9%	22.2%
Annual Payout	$1.20B	$1.09B	$966M	$979M	$855M	$769M	$771M	$793M	$661M	$658M	$656M	$654M

Income Statement 14

Quarterly Income Statement data for AFL
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue	$4.35B	$4.87B	$4.74B	$4.16B	$3.40B	$5.40B	$2.95B	$5.14B	$5.44B	$3.78B	$4.95B	$5.17B	$4.80B	$3.95B	$4.70B	$5.32B
SG&A Expense	$771M	$866M	$781M	$804M	$802M	$834M	$747M	$694M	$739M	$877M	$785M	$728M	$775M	$835M	$779M	$802M
Operating Expenses	$1.29B	$1.39B	$1.31B	$1.33B	$1.31B	$1.34B	$1.26B	$1.20B	$1.26B	$1.39B	$1.28B	$1.25B	$1.31B	$1.36B	$1.30B	$1.33B
Operating Income	·	·	·	·	·	·	·	·	·	·	$1.30B	$1.14B	$1.13B	·	$1.11B	$1.14B
Interest Expense	·	·	·	·	·	·	·	$50M	$47M	·	$49M	$51M	$48M	·	$59M	$55M
Other Non-op	·	·	·	·	·	·	·	$0	$-2M	·	$3M	$35M	$0	·	$1M	$0
Pretax Income	$1.23B	$1.57B	$1.99B	$822M	$145M	$2.14B	$92M	$2.02B	$2.17B	$290M	$1.80B	$1.82B	$1.34B	$538M	$1.33B	$1.71B
Income Tax	$206M	$193M	$355M	$223M	$116M	$234M	$185M	$264M	$291M	$22M	$236M	$191M	$154M	$342M	$-452M	$314M
Net Income	$1.02B	$1.38B	$1.64B	$599M	$29M	$1.90B	$-93M	$1.75B	$1.88B	$268M	$1.57B	$1.63B	$1.19B	$196M	$1.78B	$1.39B
EPS (Basic)	$1.99	$2.58	$3.09	$1.12	$0.05	$3.47	$-0.17	$3.11	$3.27	$0.50	$2.65	$2.72	$1.94	$0.34	$2.83	$2.18
EPS (Diluted)	$1.98	$2.58	$3.08	$1.11	$0.05	$3.45	$-0.17	$3.10	$3.25	$0.49	$2.64	$2.71	$1.94	$0.34	$2.82	$2.17
Shares (Basic)	513,071,000	-1,078,560,000	530,050,000	536,688,000	544,707,000	-1,134,866,000	557,899,000	564,573,000	574,886,000	-1,207,020,000	591,246,000	600,742,000	611,205,000	-1,284,994,000	629,350,000	640,707,000
Shares (Diluted)	514,785,000	-1,082,440,000	532,015,000	538,425,000	546,878,000	-1,139,719,000	560,414,000	566,838,000	577,482,000	-1,211,730,000	593,596,000	602,929,000	613,950,000	-1,290,361,000	631,946,000	643,243,000
EBITDA	·	·	·	·	·	·	·	·	·	·	$1.30B	$1.14B	$1.13B	·	$880M	$1.13B

Balance Sheet 14

Quarterly Balance Sheet data for AFL
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Cash & Equivalents	$5.65B	$6.25B	$6.77B	$6.96B	$5.23B	$6.23B	$5.61B	$6.06B	$5.10B	·	$5.50B	$4.72B	$3.81B	·	$4.71B	$5.17B
PP&E (Net)	$354M	$351M	$367M	$390M	$391M	$387M	$421M	$398M	$418M	·	$445M	$500M	$528M	·	$488M	$512M
PP&E (Gross)	·	$1.02B	·	·	·	$1.04B	·	·	·	·	·	·	·	·	·	·
Accum. Depreciation	·	$667M	·	·	·	$651M	·	·	·	·	·	·	·	·	·	·
Goodwill	·	$260M	·	·	·	$263M	·	·	·	·	·	·	·	·	·	·
Total Assets	$116.28B	$116.47B	$122.31B	$124.74B	$120.26B	$117.57B	$128.44B	$120.17B	$124.74B	·	$125.11B	$130.63B	$134.97B	·	$128.10B	$135.63B
Total Liabilities	$86.32B	$86.98B	$93.62B	$97.54B	$93.92B	$91.47B	$103.61B	$94.12B	$101.20B	·	$102.44B	$110.19B	$115.18B	·	$103.95B	$109.24B
Common Stock	$136M	$136M	$136M	$136M	$136M	$136M	$136M	$136M	$136M	·	$136M	$136M	$135M	·	$135M	$135M
Retained Earnings	$55.70B	$54.68B	$53.92B	$52.59B	$52.31B	$52.28B	$50.97B	$51.34B	$49.87B	·	$48.26B	$46.94B	$45.55B	·	$44.89B	$43.55B
Treasury Stock	$30.84B	$29.80B	$29.00B	$28.00B	$27.17B	$26.23B	$25.48B	$24.98B	$24.18B	·	$22.69B	$21.99B	$21.29B	·	$19.98B	$19.34B
AOCI	·	·	·	·	·	·	$-3.68B	$-3.29B	$-5.10B	·	$-5.76B	$-7.34B	$-7.28B	·	$-3.51B	$-548M
Stockholders' Equity	$29.96B	$29.49B	$28.69B	$27.20B	$26.34B	$26.10B	$24.83B	$26.05B	$23.54B	$21.98B	$22.67B	$20.44B	$19.78B	$20.14B	$24.15B	$26.39B
Liabilities + Equity	$116.28B	$116.47B	$122.31B	$124.74B	$120.26B	$117.57B	$128.44B	$120.17B	$124.74B	·	$125.11B	$130.63B	$134.97B	·	$128.10B	$135.63B
Shares Outstanding	510,530,000	518,690,000	525,710,000	534,809,000	542,493,000	549,964,000	556,717,000	561,369,000	570,278,000	578,479,000	586,897,000	595,969,000	605,952,000	615,256,000	623,868,000	634,526,000

Cash Flow 8

Quarterly Cash Flow data for AFL
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Operating Cash Flow	$968M	$315M	$1.25B	$399M	$589M	$333M	$1.27B	$255M	$849M	$582M	$1.52B	$624M	$890M	$1.03B	$1.08B	$510M
Investing Cash Flow	$244M	$359M	$28M	$1.53B	$-359M	$1.52B	$-1.03B	$2.07B	$227M	$-1.16B	$245M	$1.38B	$-77M	$-693M	$-930M	$1.29B
Stock Repurchased	$1.00B	$801M	$1.00B	$829M	$900M	$750M	$500M	$800M	$750M	$701M	$700M	$700M	$700M	$600M	$651M	$650M
Net Stock Activity	$-1.00B	·	·	·	$-900M	·	·	·	$-750M	·	·	·	$-700M	·	·	·
Dividends Paid	$304M	$292M	$299M	$301M	$306M	$267M	$270M	$272M	$278M	$236M	$239M	$243M	$248M	$239M	$242M	$248M
Financing Cash Flow	$-1.76B	$-1.18B	$-1.46B	$-162M	$-1.26B	$-1.08B	$-826M	$-1.32B	$-256M	$-787M	$-992M	$-1.01B	$-933M	$-1.29B	$-612M	$-907M
Net Change in Cash	$-591M	$-523M	$-197M	$1.73B	$-998M	$617M	$-448M	$962M	$792M	$-1.20B	$782M	$911M	$-134M	$-767M	$-463M	$898M
Taxes Paid	$-18M	$563M	$-3M	$606M	$-1M	$562M	$28M	$777M	$0	$699M	$105M	$765M	$0	$361M	$95M	$582M

Profitability 7

Quarterly Profitability data for AFL
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Operating Margin	·	·	·	·	·	·	·	·	·	·	26.2%	22.0%	23.6%	·	18.3%	21.0%
Net Margin	23.4%	·	34.6%	14.4%	0.85%	·	-3.1%	34.2%	34.6%	·	31.7%	31.6%	24.8%	·	33.1%	25.7%
Pretax Margin	28.2%	·	42.1%	19.8%	4.3%	·	3.1%	39.3%	39.9%	·	36.5%	35.3%	28.0%	·	22.9%	31.5%
EBITDA Margin	·	·	·	·	·	·	·	·	·	·	26.2%	22.0%	23.6%	·	18.3%	21.0%
ROA	0.86%	·	1.3%	0.49%	0.02%	·	-0.07%	1.4%	1.5%	·	1.2%	1.2%	0.84%	·	1.1%	0.93%
ROE	3.6%	·	6.1%	2.2%	0.12%	·	-0.39%	7.5%	8.7%	·	6.7%	7.0%	4.8%	·	5.5%	4.6%
ROIC	·	·	·	·	·	·	·	·	·	·	5.0%	5.0%	5.1%	·	5.3%	3.5%

Liquidity & Solvency 1

Quarterly Liquidity & Solvency data for AFL
Metric	Trend	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Interest Coverage		·	·	·	·	·	·	·	·	·	·	26.5	22.3	23.6	·	14.9	20.6

Efficiency 1

Quarterly Efficiency data for AFL
Metric	Trend	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Asset Turnover		0.0	·	0.0	0.0	0.0	·	0.0	0.0	0.0	·	0.0	0.0	0.0	·	0.0	0.0

Per Share 7

Quarterly Per Share data for AFL
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Book Value / Share	$58.69	·	$54.57	$50.86	$48.55	·	$44.60	$46.40	$41.27	·	$38.63	$34.30	$32.65	·	$38.71	$41.59
Revenue / Share	$8.44	·	$8.91	$7.73	$6.21	·	$5.26	$9.06	$9.41	·	$8.34	$8.58	$7.82	·	$7.63	$8.39
Cash Flow / Share	$1.88	·	·	·	$1.08	·	·	·	$1.47	·	·	·	$1.15	·	·	·
Cash / Share	$11.07	·	$12.87	$13.02	$9.64	·	$10.08	$10.79	$8.94	·	$9.37	$7.92	$6.29	·	$7.55	$8.15
Dividend / Share	$0	$1	$1	$1	$0	$1	$0	$0	$0	$1	$0	$0	$0	·	·	·
Dividend Paid / Share	$1	$1	$1	$1	$1	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
EPS (TTM)	$6.22	·	$4.07	$4.09	$6.23	·	$6.64	$9.45	$9.06	·	$7.60	$7.78	$7.24	·	$7.91	$6.71

Valuation (TTM) 10

Quarterly Valuation (TTM) data for AFL
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue TTM	$16.64B	·	$15.25B	$15.64B	$16.92B	·	$17.30B	$19.30B	$19.34B	·	$18.87B	$18.62B	$18.77B	·	$20.43B	$21.29B
Net Income TTM	$3.29B	·	$2.17B	$2.29B	$3.57B	·	$5.11B	$6.84B	$6.27B	·	$6.17B	$6.00B	$5.41B	·	$5.11B	$4.43B
Market Cap	$56.01B	·	$58.72B	$56.40B	$60.32B	·	$62.24B	$50.14B	$48.96B	·	$45.04B	$41.60B	$39.10B	·	$35.06B	$35.11B
P/E	17.6	·	27.4	25.8	17.8	·	16.8	9.5	9.5	·	10.1	9.0	8.9	·	7.1	8.2
P/S	3.4	·	3.9	3.6	3.6	·	3.6	2.6	2.5	·	2.4	2.2	2.1	·	1.7	1.6
P/B	1.9	·	2.0	2.1	2.3	·	2.5	1.9	2.1	·	2.0	2.0	2.0	·	1.5	1.3
P / Tangible Book	1.9	·	2.0	2.1	2.3	·	2.5	1.9	2.1	·	2.0	2.0	2.0	·	1.5	1.3
P / Cash Flow	57.9	·	·	·	102.4	·	·	·	57.7	·	·	·	55.2	·	·	·
Earnings Yield	5.7%	·	3.6%	3.9%	5.6%	·	5.9%	10.6%	10.5%	·	9.9%	11.2%	11.2%	·	14.1%	12.1%
Payout Ratio	29.8%	·	·	·	1055.2%	·	·	·	14.8%	·	·	·	20.9%	·	·	·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement

	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	$17.16B	$18.93B	$18.70B	$19.14B	$21.55B
Operating Margin %	—	—	—	21.3%	22.3%
Net Income	$3.65B	$5.44B	$4.66B	$4.42B	$4.23B
Diluted EPS	$6.82	$9.63	$7.78	$6.93	$6.25

Latest News Recent headlines mentioning this company

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