Aflac revenue and financials
$113.45Change from previous close: +0.95%Absolute change: +$1.07
In the fiscal year ended December 2025, Aflac reported revenue of $17.16B (−9.31% year over year). Net income was $3.65B, a net margin of 21.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −9.31%
- 2025 vs 2024
- Net income growth
- −33.01%
- 2025 vs 2024
- Net margin
- 21.2%
- 2024: 28.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 116,470 | 117,566 | 126,724 | 131,017 | 157,542 | 165,086 | 152,768 | 140,406 | 137,217 | 129,819 |
| Cash and equivalents | 6,245 | 6,229 | 4,306 | 3,943 | 5,051 | 5,141 | 4,896 | 4,337 | 3,491 | 4,859 |
| Short-term investments | 64,153 | 65,269 | 73,290 | 75,741 | — | — | — | — | — | — |
| Receivables | 835 | 779 | 848 | 647 | — | — | — | — | — | — |
| Net property, plant and equipment | 351 | 387 | 445 | 530 | 538 | — | — | — | — | — |
| Goodwill | 260 | 263 | 265 | 265 | 268 | 269 | 140 | — | — | — |
| Long-term investments | 81,128 | 82,031 | 92,197 | 95,888 | — | — | — | — | — | — |
| Long-term debt | 8,409 | 7,498 | 7,364 | 7,442 | 7,956 | 7,899 | 6,569 | 5,778 | 5,289 | 5,360 |
| Total debt | 8,409 | 7,498 | 7,364 | 7,442 | — | — | — | — | — | — |
| Total liabilities | 86,980 | 91,468 | 104,739 | 108,652 | 124,289 | 131,527 | 123,809 | 116,944 | 112,619 | 109,337 |
| Total equity (incl. minority) | 29,490 | 26,098 | 21,985 | 20,140 | 33,253 | — | — | — | — | — |
| Retained earnings | 54,682 | 52,277 | 47,993 | 44,367 | 41,381 | — | — | — | — | — |