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Aflac AFL Dental/vision — Issuances

Other product segments

Life insurance
$166M+13.7%
Medical and other health
$154M+117%
Other
$122M+62.7%
Critical care
$85M-11.5%
Disability
$71M-10.1%
Accident
$58M-3.3%
Hospital indemnity
$41M+2.5%

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EQHTerm — Issuances
$8M-27.3%
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CIAPermanent — Issuances
$38.79M+18.0%
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GLOther premium — Issuances
$5.21M0.0%
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GLUnited American — Issuances
$234.79M+100.0%

Other financials

Income statement

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Revenue$4.1B-1.0%
Net income$825.0M+37.7%
EPS (diluted)$1.63+46.8%

Balance sheet

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Cash & equivalents$6.1B-12.1%
Total debt$8.8B-2.4%
Total equity$30.3B+11.4%
Total assets$115.96B-7.0%

Cash flow

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Operating cash flow$112.0M-71.9%

Valuation

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Market cap$63.91B+16.8%
Enterprise value$66.6B+17.3%
P/E13.1×-9.3×
P/S3.5×+0.1×

Profitability

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Net margin26.9%+11.6pp

Returns & leverage

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Return on equity16.9%+7.8pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitIssuance.

The source filing: Aflac’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 9:18 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054618
(In millions)Aflac Japan / CancerAflac Japan / Medicaland Other HealthAflac Japan / Life InsuranceAflac Japan / OtherAflac U.S. / AccidentAflac U.S. / DisabilityAflac U.S. / Critical CareAflac U.S. / Hospital IndemnityAflac U.S. / Dental/VisionAflac U.S. / Life InsuranceAflac U.S. / Other
Effect of changes in cash flow assumptions00000000000
Effect of actual variances from expected experience(277)(187)(46)(13)(40)9(46)(12)(4)(39)(48)
Adjusted beginning of period balance36,16121,79225,6704,7453,3082,41011,7662,0594542,2492,256
Issuances428169169317418630013624182595
Interest accrual60226526543695025644104873
Benefit payments(1,264)(485)(1,080)(108)(251)(238)(489)(159)(30)(57)(133)
Foreign currency translation(1,293)(782)(903)(168)0000000
Other00000000000

Item 1. Financial Statements (Unaudited)

FAQ

What is Aflac's dental/vision — issuances?
Aflac (AFL) reported dental/vision — issuances of $10M in Q2 2026.
How has Aflac's dental/vision — issuances changed year-over-year?
Aflac's dental/vision — issuances decreased by 28.6% year-over-year, from $14M to $10M.
What is the long-term trend for Aflac's dental/vision — issuances?
Over 4 years (2021 to 2025), Aflac's dental/vision — issuances has grown at a 5.7% compound annual growth rate (CAGR), from $40M to $50M.
What does dental/vision — issuances mean?
This metric tracks the volume of new dental and vision insurance policies issued during the reporting period. It is a primary indicator of top-line growth and market penetration for this specific product segment. High issuance rates demonstrate successful sales distribution and product-market fit.

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