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Aflac AFL Investments and Cash

Investments and Cash at other companies

American Financial Group logo
American Financial GroupAFG
$17.07B+6.4%

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:InvestmentsAndCash.

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, except for share and per-share amounts)June 30,2026(Unaudited)December 31,2025
Commercial mortgage and other loans, net of allowance for credit losses of $533 in 2026 and $426 in 2025 (includes $7,509 in 2026 and $7,896 in 2025 of consolidated variable interest entities)9,3549,765
Other investments (includes $2,389 in 2026 and $2,320 in 2025 of consolidated variable interest entities)8,2516,622
Cash and cash equivalents6,1206,245
Total investments and cash103,003103,760
Receivables895835
Accrued investment income733718
Deferred policy acquisition costs8,9489,034
Property and equipment, at cost less accumulated depreciation351351

Item 1. Financial Statements (Unaudited)

FAQ

What is Aflac's investments and cash?
Aflac (AFL) reported investments and cash of $103B in Q2 2026.
How has Aflac's investments and cash changed year-over-year?
Aflac's investments and cash decreased by 7.8% year-over-year, from $111.77B to $103B.
What is the long-term trend for Aflac's investments and cash?
Over 5 years (2020 to 2025), Aflac's investments and cash has grown at a -7.1% compound annual growth rate (CAGR), from $149.75B to $103.76B.
What does investments and cash mean?
This aggregate metric represents the total value of long-term investments and cash equivalents held by the company. It serves as a proxy for the company's total investable capital base and financial strength. It is a key indicator of the company's capacity to meet long-term policyholder obligations.

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