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Aflac AFL Hospital Indemnity — Effect of change in discount rate assumptions

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-$27M+10.0%

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Other financials

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

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Market cap$58.77B-6.9%
Enterprise value$61.11B-7.0%
P/E12.7×-4.9×
P/S3.2×-0.5×

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×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept us-gaap:AociLiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeTax.

The official record: Aflac’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aflac's hospital indemnity — effect of change in discount rate assumptions?
Aflac (AFL) reported hospital indemnity — effect of change in discount rate assumptions of -$146M in Q1 2026.
How has Aflac's hospital indemnity — effect of change in discount rate assumptions changed year-over-year?
Aflac's hospital indemnity — effect of change in discount rate assumptions increased by 5.2% year-over-year, from -$154M to -$146M.
What is the long-term trend for Aflac's hospital indemnity — effect of change in discount rate assumptions?
Over 2 years (2023 to 2025), Aflac's hospital indemnity — effect of change in discount rate assumptions has grown at a -17.3% compound annual growth rate (CAGR), from -$769M to -$526M.
What does hospital indemnity — effect of change in discount rate assumptions mean?
The financial impact on the hospital indemnity segment's liabilities caused by updating the interest rate assumptions used to calculate future payouts.
How do you interpret hospital indemnity — effect of change in discount rate assumptions?
A positive impact indicates a reduction in liability valuation due to higher discount rates, while a negative impact indicates an increase in liability valuation due to lower discount rates.
How does hospital indemnity — effect of change in discount rate assumptions compare across companies?
Comparable to actuarial assumption sensitivity disclosures for long-duration insurance contracts at other life and health insurers.