AFL - Aflac Inc Stock Price, Fair Value and News

84.82USD+0.14 (+0.17%)Market Closed

Market Summary

USD84.82+0.14

Market Closed

0.17%

AFL Alerts

Big jump in Earnings (Y/Y)

AFL Stock Price

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AFL RSI Chart

AFL Valuation

Market Cap

48.2B

Price/Earnings (Trailing)

9.01

Price/Sales (Trailing)

2.49

EV/EBITDA

8.12

Price/Free Cashflow

14.47

AFL Price/Sales (Trailing)

AFL Profitability

EBT Margin

31.49%

Return on Equity

22.73%

Return on Assets

4.29%

Free Cashflow Yield

6.91%

AFL Fundamentals

AFL Revenue

Revenue (TTM)

19.3B

Rev. Growth (Yr)

13.25%

Rev. Growth (Qtr)

43.92%

AFL Earnings

Earnings (TTM)

5.3B

Earnings Growth (Yr)

58.16%

Earnings Growth (Qtr)

601.12%

Breaking Down AFL Revenue

Last 7 days

0.3%

Last 30 days

-0.4%

Last 90 days

8.6%

Trailing 12 Months

25.8%

How does AFL drawdown profile look like?

AFL Financial Health

Debt/Equity

0.34

Debt/Cashflow

0.42

AFL Investor Care

Dividend Yield

2.32%

Dividend/Share (TTM)

1.97

Buy Backs (1Y)

5.96%

Diluted EPS (TTM)

9.06

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	19.3B	0	0	0
2023	18.8B	18.6B	18.9B	18.7B
2022	20.9B	20.6B	20.1B	19.1B
2021	22.9B	23.0B	22.6B	21.6B
2020	21.8B	21.7B	21.8B	22.1B
2019	21.9B	21.9B	21.8B	22.3B
2018	21.8B	22.0B	22.1B	21.8B
2017	22.4B	22.4B	22.2B	21.7B
2016	21.1B	21.2B	21.9B	22.6B
2015	22.3B	21.8B	21.1B	20.9B
2014	23.4B	23.2B	23.0B	22.7B
2013	25.3B	25.5B	24.5B	23.9B
2012	23.3B	24.1B	25.0B	25.4B
2011	20.8B	20.9B	21.5B	22.2B
2010	18.5B	19.2B	20.0B	20.7B
2009	17.1B	17.1B	17.9B	18.3B
2008	0	15.8B	16.2B	16.6B
2007	0	0	0	15.4B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Aflac Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	rohrer katherine	gifted	-	-	-900	-
May 06, 2024	collins arthur reginald	acquired	-	-	2,125	-
May 06, 2024	moskowitz joseph l	acquired	-	-	2,125	-
May 06, 2024	lloyd karole	acquired	-	-	2,125	-
May 06, 2024	kiser georgette d.	acquired	-	-	2,125	-
May 06, 2024	rohrer katherine	acquired	-	-	2,125	-
May 06, 2024	bowers william p	acquired	-	-	4,781	-
May 06, 2024	hosoda miwako	acquired	-	-	2,125	-
May 06, 2024	mori nobuchika	acquired	-	-	2,125	-
May 06, 2024	kenny thomas j	acquired	-	-	2,125	-

Which funds bought or sold AFL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-6.14	-347,155	14,607,600	-%
May 07, 2024	Cornerstone Planning Group LLC	added	0.5	178	16,719	-%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	reduced	-0.38	1,914,680	53,910,500	0.69%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-8.52	-2,402,000	47,745,000	0.06%
May 07, 2024	Meeder Advisory Services, Inc.	added	3.91	88,856	1,180,670	0.12%
May 07, 2024	Illinois Municipal Retirement Fund	added	7.07	1,469,000	14,316,000	0.22%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	new	-	11,248	11,248	-%
May 07, 2024	49 WEALTH MANAGEMENT, LLC	reduced	-1.88	9,578	734,423	0.16%
May 07, 2024	Benedetti & Gucer, Inc.	added	1.46	34,297	633,000	0.31%
May 07, 2024	Arizona State Retirement System	added	0.34	579,429	13,678,600	0.10%

Are Funds Buying or Selling AFL?

Are funds buying AFL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AFL

No. of Funds

AFL Alerts

Big jump in Earnings (Y/Y)

Unveiling Aflac Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.97%	52,438,841	SC 13G/A
Jan 26, 2024	blackrock inc.	7.2%	42,164,887	SC 13G/A
Feb 09, 2023	vanguard group inc	8.83%	54,915,312	SC 13G/A
Feb 01, 2023	state street corp	4.79%	29,753,330	SC 13G/A
Feb 01, 2023	blackrock inc.	6.8%	42,212,595	SC 13G/A
Feb 10, 2022	state street corp	5.08%	33,636,123	SC 13G/A
Feb 09, 2022	vanguard group inc	8.36%	55,327,773	SC 13G/A
Feb 01, 2022	blackrock inc.	6.9%	45,494,623	SC 13G/A
Feb 12, 2021	state street corp	4.86%	34,135,472	SC 13G/A
Feb 10, 2021	vanguard group inc	8.53%	59,888,649	SC 13G/A

Recent SEC filings of Aflac Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading

Peers (Alternatives to Aflac Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.06%	3200.44%	-4.9K	773.83	-10.27%	-34.69%
AJG	53.5B	10.6B	0.35%	13.39%	49.03	5.04	20.42%	-6.05%
AIG	53.0B	48.4B	2.59%	50.41%	10.98	1.1	-4.15%	-20.63%
TRV	49.8B	42.9B	-5.78%	18.24%	15.85	1.16	13.52%	12.15%
AFL	48.2B	19.3B	-0.38%	25.81%	9.01	2.49	3.03%	17.35%
ACGL	37.0B	13.6B	4.64%	29.15%	8.33	2.72	41.83%	201.02%
AFG	11.0B	8.0B	-2.14%	12.66%	12.42	1.37	11.14%	7.56%
MID-CAP
UNM	10.0B	12.6B	-1.30%	18.66%	7.54	0.79	4.24%	-13.40%
AIZ	9.2B	11.1B	-2.63%	35.17%	14.28	0.82	9.21%	132.28%
LNC	5.0B	11.9B	-5.15%	39.72%	3.69	0.42	-33.27%	234.43%
AEL	4.5B	2.8B	-0.20%	45.14%	21.34	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.9B	1.3B	8.10%	32.13%	-35.66	1.53	18.74%	30.90%
AMSF	908.5M	308.9M	-0.11%	-15.37%	14.73	2.94	3.79%	10.94%
AMBC	828.5M	314.0M	15.44%	22.21%	14.41	2.64	-29.20%	-88.19%
AAME	37.3M	186.8M	-15.67%	-17.10%	-218.34	0.2	-0.56%	-111.21%

Aflac Inc News

Latest updates

Aflac Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	43.9%	5,436	3,777	4,950	5,172	4,800	3,948	4,704	5,315	5,173	4,884	5,237	5,564	5,869	5,913	5,665	5,407	5,162	5,603	5,536	5,511	5,657
Operating Expenses	-9.3%	1,256	1,386	1,285	1,249	1,308	1,356	1,299	1,333	1,396	1,286	1,515	1,538	1,531	-	-	-	-	-	-	-	-
S&GA Expenses	-15.6%	739	876	785	728	775	836	779	802	833	959	869	881	832	1,038	847	756	779	859	769	743	719
EBITDA Margin	11.4%	0.32*	0.29*	0.30*	0.28*	0.27*	0.27*	0.28*	0.26*	0.25*	0.25*	0.25*	0.24*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	47.00	47.00	49.00	51.00	48.00	56.00	59.00	55.00	56.00	57.00	57.00	62.00	62.00	61.00	63.00	63.00	55.00	57.00	57.00	57.00	58.00
Income Taxes	1285.7%	291	21.00	236	191	154	342	-452	314	247	174	225	268	310	265	-1,303	265	154	276	259	292	314
Earnings Before Taxes	650.9%	2,170	289	1,805	1,825	1,342	538	1,329	1,708	1,294	1,119	1,113	1,373	1,603	1,216	1,153	1,070	720	1,058	1,036	1,109	1,242
EBT Margin	11.9%	0.31*	0.28*	0.29*	0.27*	0.26*	0.25*	0.27*	0.25*	0.23*	0.24*	0.23*	0.23*	-	-	-	-	-	-	-	-	-
Net Income	601.1%	1,879	268	1,569	1,634	1,188	196	1,781	1,394	1,047	945	888	1,105	1,293	952	2,456	805	566	782	777	817	928
Net Income Margin	11.1%	0.28*	0.25*	0.24*	0.26*	0.24*	0.23*	0.26*	0.21*	0.19*	0.20*	0.19*	0.25*	-	-	-	-	-	-	-	-	-
Free Cashflow	1.9%	849	833	1,270	379	708	1,033	1,076	510	1,260	870	1,853	962	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.6%	124,742	126,724	125,111	130,626	134,966	131,738	128,100	135,629	147,046	157,542	160,597	161,492	158,157	165,086	160,955	157,087	151,616	152,768	154,137	151,400	145,679
Cash Equivalents	18.4%	5,098	4,306	5,502	4,720	3,809	3,943	4,710	5,173	4,275	5,051	6,208	5,469	4,990	5,141	5,563	5,528	4,148	4,896	4,216	3,019	3,892
Net PPE	-6.1%	418	445	445	500	528	530	488	512	538	538	542	563	578	601	584	584	586	581	562	562	559
Liabilities	-3.4%	101,205	104,739	102,442	110,187	115,182	111,598	103,948	109,242	117,519	124,289	127,045	127,757	126,054	131,527	128,476	127,667	125,214	123,809	124,699	123,159	119,630
Long Term Debt	7.4%	7,912	7,364	6,961	7,087	7,420	7,442	7,518	7,416	7,768	7,956	8,066	8,121	8,088	7,899	7,825	7,771	6,758	6,569	6,233	6,231	5,900
Shareholder's Equity	7.1%	23,537	21,985	22,669	20,439	19,784	20,140	19,946	19,558	17,560	17,031	33,552	33,735	32,103	33,559	32,479	29,420	26,402	28,959	29,438	28,241	26,049
Retained Earnings	3.9%	49,872	47,993	48,257	46,937	45,555	44,367	44,892	43,547	42,413	41,381	40,830	40,162	39,277	37,984	37,460	35,204	34,599	34,291	33,710	33,130	32,513
Additional Paid-In Capital	1.3%	2,806	2,771	2,729	2,697	2,665	2,641	2,615	2,589	2,560	2,529	2,491	2,465	2,438	2,410	2,383	2,358	2,334	2,313	2,277	2,247	2,208
Shares Outstanding	-3.6%	575	596	601	606	611	635	640	645	650	674	669	678	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	41,324	-	-	-	34,907	-	-	-	35,893	-	-	-	25,578	-	-	-	40,396	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	1.9%	849	833	1,270	379	708	1,033	1,076	510	1,260	870	1,853	962	1,366	1,357	2,000	1,187	1,414	1,192	1,906	813	1,544
Cashflow From Investing	116.1%	227	-1,412	496	1,628	105	-693	-930	1,293	-1,210	-1,207	-332	130	-969	-1,108	-1,391	-404	-1,716	-225	-219	-1,436	-1,291
Cashflow From Financing	67.5%	-256	-787	-992	-1,011	-933	-1,295	-612	-907	-737	-842	-756	-671	-470	-684	-583	598	-446	-284	-451	-292	-686
Dividend Payments	17.8%	278	236	239	243	248	239	242	248	250	208	217	211	219	189	192	193	195	192	190	194	195
Buy Backs	7.0%	750	701	700	700	700	600	651	650	500	625	526	500	650	500	400	188	449	470	310	357	490

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AFL Income Statement

2024-03-31

Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Net earned premiums, principally supplemental health insurance	$ 3,456	$ 3,688
Net investment income	1,000	943
Net investment gains (losses)	951	123
Other income (loss)	29	46
Total revenues	5,436	4,800
Benefits and expenses:
Benefits and claims, excluding reserve remeasurement	2,066	2,203
Reserve remeasurement (gains) losses	(56)	(53)
Total benefits and claims, net	2,010	2,150
Acquisition and operating expenses:
Amortization of deferred policy acquisition costs	215	205
Insurance commissions	255	280
Insurance and other expenses	739	775
Interest expense	47	48
Total acquisition and operating expenses	1,256	1,308
Total benefits and expenses	3,266	3,458
Earnings before income taxes	2,170	1,342
Income taxes	291	154
Net earnings	$ 1,879	$ 1,188
Net earnings per share:
Basic (in dollars per share)	$ 3.27	$ 1.94
Diluted (in dollars per share)	$ 3.25	$ 1.94
Weighted-average outstanding common shares used in computing earnings per share (In thousands):
Basic (in shares)	574,886	611,205
Diluted (in shares)	577,482	613,950
Cash dividends per share	$ 0.50	$ 0.42

AFL Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Investments and cash:

Fixed maturity securities, available-for-sale

$ 70,130

$ 73,290

Fixed maturity securities, held-to-maturity

16,689

^[1]

17,819

Equity securities

762

1,088

Commercial mortgage and other loans

12,360

12,527

Other investments

6,677

4,530

Cash and cash equivalents

5,098

4,306

Total investments and cash

111,716

113,560

Receivables

1,038

848

Accrued investment income

693

731

Deferred policy acquisition costs

8,819

9,132

Property and equipment, at cost less accumulated depreciation

418

445

Other

2,058

2,008

Total assets

124,742

126,724

Policy liabilities:

Future policy benefits

77,867

83,718

Unpaid policy claims

344

261

Unearned premiums

1,322

1,451

Other policyholders’ funds

5,831

6,169

Total policy liabilities

85,364

91,599

Income taxes

777

154

Payables for return of cash collateral on loaned securities

3,366

1,503

Notes payable and lease obligations

7,912

7,364

Other

3,786

4,119

Total liabilities

101,205

104,739

Commitments and contingent liabilities (Note 13)

Shareholders’ equity:

Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2024 and 2023; issued 1,356,480 shares in 2024 and 1,355,398 shares in 2023

136

Additional paid-in capital

2,806

2,771

Retained earnings

49,872

47,993

Accumulated other comprehensive income (loss):

Unrealized foreign currency translation gains (losses)

(4,666)

(4,069)

Unrealized gains (losses) on fixed maturity securities

1,092

1,139

Unrealized gains (losses) on derivatives

(26)

(22)

Effect of changes in discount rate assumptions

(1,495)

(2,560)

Pension liability adjustment

(7)

(8)

Treasury stock, at average cost

(24,175)

(23,395)

Total shareholders’ equity

23,537

21,985

Total liabilities and shareholders’ equity

124,742

126,724

Consolidated Entity Excluding Variable Interest Entities (VIE)

Investments and cash:

Fixed maturity securities, available-for-sale

66,452

69,578

Variable Interest Entity, Consolidated

Investments and cash:

Fixed maturity securities, available-for-sale

3,678

3,712

Commercial mortgage and other loans

9,947

10,150

Other investments

^[2]

2,443

2,381

Total assets

16,125

16,298

Policy liabilities:

Total liabilities

$ 583

$ 507

[1]	Net of allowance for credit losses
[2]	Consists entirely of alternative investments in limited partnerships

About Aflac Inc

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates in two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan. The Aflac U.S. segment provides cancer, accident, short-term disability, critical illness, hospital indemnity, dental, vision, long-term care and disability, and term and whole life insurance products in the United States. It sells its products through sales associates, brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. The company was founded in 1955 and is headquartered in Columbus, Georgia.

CEO	Mr. Daniel Paul Amos
WEBSITE	aflac.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	12882

Aflac Inc Frequently Asked Questions

What is the ticker symbol for Aflac Inc? What does AFL stand for in stocks?

AFL is the stock ticker symbol of Aflac Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Aflac Inc (AFL)?

As of Wed May 08 2024, market cap of Aflac Inc is 48.2 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AFL stock?

You can check AFL's fair value in chart for subscribers.

What is the fair value of AFL stock?

You can check AFL's fair value in chart for subscribers. The fair value of Aflac Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Aflac Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AFL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Aflac Inc a good stock to buy?

The fair value guage provides a quick view whether AFL is over valued or under valued. Whether Aflac Inc is cheap or expensive depends on the assumptions which impact Aflac Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AFL.

What is Aflac Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AFL's PE ratio (Price to Earnings) is 9.01 and Price to Sales (PS) ratio is 2.49. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AFL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Aflac Inc's stock?

In the past 10 years, Aflac Inc has provided 0.128 (multiply by 100 for percentage) rate of return.