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Aflac

AFL

Aflac Incorporated is a leading provider of supplemental health and life insurance products, operating primarily in Japan and the United States.

Market cap
$61.81B+9.3%
Revenue$18.1B+7.2%
Net income$4.6B+29.0%
EPS (diluted)$8.78+37.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$4.1B
EPS estimate$1.78

Financials

Q1 2026

Income statement

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Revenue$4.3B+27.9%
Net income$1.0B+3,414%
EPS (diluted)$1.98+3,860%

Balance sheet

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Cash & equivalents$5.7B+8.1%
Total debt$8.0B+1.8%
Total equity$30.0B+13.8%
Total assets$116.28B-3.3%

Cash flow

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Operating cash flow$968.0M+64.3%

Valuation & ratios

Valuation

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Market cap$61.81B+9.3%
Enterprise value$64.15B+9.5%
P/E13.3×-9.9×
P/S3.4×-0.1×

Profitability

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Net margin25.6%+4.3pp

Returns & leverage

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Return on equity16.5%+2.1pp
Debt / equity0.3×0.0×

Segments

By segment

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Aflac Japan$2.2B-4.4%
Corporate and other$292.0M-10.4%

Competitors

Profile

Aflac Incorporated is a leading provider of supplemental health and life insurance products, operating primarily in Japan and the United States. The company offers financial protection by paying cash benefits directly to policyholders for out-of-pocket medical expenses and non-medical costs not covered by primary insurance. Its core value proposition focuses on mitigating financial stress during illness or injury through a diverse portfolio of voluntary and employer-paid insurance solutions.

Competitive position

Aflac is the largest insurer in Japan for cancer and medical insurance policies in force and maintains a dominant brand presence in the U.S. supplemental market through its iconic Aflac Duck marketing.

GeographiesJapan, United States
Customer segmentsIndividual policyholders, Small businesses, Enterprise employers, Government employees
Business modelB2B2C, Direct-to-consumer, Broker-led distribution, Agency-based sales
SuppliersGlobal capital markets, IT and telecommunication infrastructure, Third-party investment sub-advisors, Actuarial data providers
CustomersIndividual policyholders, Corporate employees, Small business owners, Large-scale enterprise HR departments
Listed1973
Employees12.8K
CEODaniel Paul Amos
Websiteaflac.com
FilingsSEC EDGAR

Questions, answered.

What is Aflac's market cap?
Aflac (AFL) has a market capitalization of $61.8B and trades on NYSE.
What is Aflac's revenue and profitability?
Aflac generated $18.1B in trailing twelve-month revenue with net income of $4.6B, representing a net margin of 25.6%. These figures are based on the Q1 2026 filing.
Who are Aflac's competitors?
Aflac's key competitors include MetLife, Prudential Financial, Atlantic American Corp, and others. These companies compete in similar markets and product categories.
Who does Aflac partner with?
Aflac's notable partners include Dai-ichi Life, Japan Post Holdings, Daido Life.
What subsidiaries does Aflac have?
Aflac's subsidiaries include Aflac Life Insurance Japan Ltd., Continental American Insurance Company, Aflac Asset Management LLC, and others.
Where is Aflac headquartered?
Aflac is headquartered in United States of America and employs approximately 12,785 people. It has been publicly traded since 1973.