Aflac revenue and financials
$113.63Change from previous close: +1.11%Absolute change: +$1.25
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,555 | 2,707 | 3,190 | 3,879 | 5,051 | 5,958 | 5,455 | 6,014 | 6,128 | 5,987 |
| Depreciation and amortization | 36.0 | 40.0 | 39.0 | 45.0 | 45.0 | 41.0 | 41.0 | 49.0 | 53.0 | 54.0 |
| Investing cash flow | 1,561 | 2,781 | 817 | -1,540 | -2,378 | — | — | — | — | — |
| Financing cash flow | -4,069 | -3,486 | -3,723 | -3,551 | -2,739 | — | — | — | — | — |
| Dividends paid | -1,198 | -1,087 | -966 | -979 | -855 | -769 | -771 | -793 | -661 | -658 |
| Share repurchases | -3,530 | -2,800 | -2,801 | -2,401 | -2,301 | -1,537 | -1,627 | -1,301 | -1,351 | -1,422 |
| Debt issued | 1,039 | 823 | 204 | 1,277 | — | — | — | — | — | — |
| Debt repaid | -84.0 | -194 | 0.0 | -1,416 | — | — | — | — | — | — |
| Effect of exchange rates | -31.0 | -79.0 | 79.0 | 104 | -24.0 | — | — | — | — | — |
| Net change in cash | 16.0 | 1,923 | 363 | -1,108 | -90.0 | — | — | — | — | — |
| Free cash flow | 2,555 | 2,707 | 3,190 | 3,879 | — | — | — | — | — | — |
| Levered free cash flow | 5,175 | 4,853 | 4,311 | -4,953 | 2,644 | — | — | — | — | — |