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Aflac Inc Stock Research

AFL

62.48USD+1.24(+2.02%)Delayed

Market Summary

USD62.48+1.24
Delayed
2.02%

AFL Alerts

AFL Stock Price

AFL RSI Chart

AFL Valuation

Market Cap

39.3B

Price/Earnings (Trailing)

9.36

Price/Sales (Trailing)

2.02

EV/EBITDA

7.32

Price/Free Cashflow

10.14

AFL Price/Sales (Trailing)

AFL Profitability

EBT Margin

23.61%

Return on Equity

18.78%

Return on Assets

3.21%

Free Cashflow Yield

9.86%

AFL Fundamentals

AFL Revenue

Revenue (TTM)

19.5B

Revenue Y/Y

-26.23%

Revenue Q/Q

-16.8%

AFL Earnings

Earnings (TTM)

4.2B

Earnings Y/Y

-82.19%

Earnings Q/Q

-88.41%

Price Action

52 Week Range

51.4374.02
(Low)(High)

Last 7 days

-7.4%

Last 30 days

-13.2%

Last 90 days

-11.7%

Trailing 12 Months

1.9%

AFL Financial Health

AFL Investor Care

Dividend Yield

2.56%

Dividend/Share (TTM)

1.6

Buy Backs (1Y)

5.89%

Diluted EPS (TTM)

6.59

Peers (Alternatives to Aflac)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
PGR
83.5B
49.6B
 -3.33% 25.86%
115.74
1.68
 4.00% -78.47%
MET
44.9B
69.9B
 -22.23% -11.88%
17.7
0.64
 -1.66% -61.26%
TRV
40.0B
36.9B
 -11.25% -6.12%
14.06
1.08
 5.94% -22.39%
AFL
39.3B
19.5B
 -13.25% 1.93%
9.36
2.02
 -11.78% -2.87%
PFG
17.7B
17.5B
 -25.06% 4.19%
3.67
1.01
 22.64% 181.28%
MID-CAP
RGA
10.0B
16.3B
 -17.63% 24.97%
37
0.61
 -2.40% 0.97%
UNM
7.6B
12.0B
 -11.46% 40.03%
5.81
0.64
 -0.19% 59.45%
AIZ
5.9B
10.2B
 -16.73% -35.03%
21.2
0.58
 0.05% -79.62%
GNW
2.5B
7.5B
 -17.46% 33.60%
4.09
0.33
 -4.15% -32.63%
CNO
2.5B
3.6B
 -18.74% -10.22%
6.26
0.69
 -13.23% -10.02%
TRUP
2.3B
905.2M
 -8.40% -29.57%
-52.12
2.57
 29.50% -25.73%
SMALL-CAP
HMN
1.4B
1.4B
 -7.46% -16.42%
-543.45
1.02
 3.97% -101.82%
PLMR
1.4B
327.1M
 6.70% -11.03%
26.51
4.23
 39.88% 13.79%
JRVR
812.7M
813.7M
 -5.54% 1.51%
26.24
1
 5.28% 117.92%

Financials for Aflac

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-6.8%19,50220,92821,34521,50922,106
Operating Expenses-2.8%5,7455,9116,0496,1866,208
  S&GA Expenses-3.7%3,2503,3753,4613,5433,544
EBITDA-12.8%4,8305,5395,5475,271-
EBITDA Margin-6.4%0.25*0.26*0.26*0.25*-
Earnings Before Taxes-13.3%4,6045,3125,3224,9945,322
EBT Margin-7.0%0.24*0.25*0.25*0.23*-
Interest Expenses-0.4%226227225232238
Net Income-16.9%4,2015,0554,3474,0644,325
Net Income Margin-10.8%0.22*0.24*0.20*0.19*-
Free Cahsflow4.4%3,8793,7164,4934,945-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.3%131,017128,100135,629147,046157,542
    Cash Equivalents-16.3%3,9434,7105,1734,2755,051
  Net PPE8.6%530488512538538
  Goodwill-268----
Liabilities4.5%108,652103,948109,242117,519124,289
Shareholder's Equity-7.4%22,36524,15226,38729,52733,253
  Retained Earnings-0.7%44,56844,89243,54742,41341,381
  Additional Paid-In Capital1.0%2,6412,6152,5892,5602,529
Accumulated Depreciation-663----
Shares Outstanding-1.8%629641650--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations4.4%3,8793,7164,4934,9455,051
Cashflow From Investing25.0%-1,540-2,054-1,456-2,619-2,378
Cashflow From Financing-14.6%-3,551-3,098-3,242-3,006-2,739
  Dividend Payments3.3%979948923886855
  Buy Backs-1.0%2,4012,4262,3012,1512,301

Risks for AFL

What is the probability of a big loss on AFL?

20.8%

Probability that Aflac stock will be more than 20% underwater in next one year

19.6%

Probability that Aflac stock will be more than 30% underwater in next one year.

18.5%

Probability that Aflac stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AFL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Aflac was unfortunately bought at previous high price.

Drawdowns

Returns for AFL

Cumulative Returns on AFL

11.8%

10-Year Cumulative Returns

12.7%

7-Year Cumulative Returns

8.7%

5-Year Cumulative Returns

23.8%

3-Year Cumulative Returns

What are the long-term rolling returns for AFL?

FIve years rolling returns for Aflac.

Annualized Returns

Which funds bought or sold AFL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-1.59
69,384
343,384
 0.01%
2023-03-10
MATHER GROUP, LLC.
reduced
-10.64
1,682,510
13,374,500
 0.26%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
8.79
14,765,800
52,376,800
 0.06%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
reduced
-1.41
817,053
3,936,050
 0.24%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-0.32
6,990,000
32,319,000
 0.16%
2023-03-03
TIAA, FSB
reduced
-9.09
276,566
1,968,570
 0.01%
2023-03-02
Leading Edge Financial Planning LLC
new
-
279,885
279,885
 0.24%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
503,724
503,724
 0.01%
2023-03-01
Regal Investment Advisors LLC
added
4.28
1,750,500
6,976,500
 0.68%
2023-03-01
Willow Creek Wealth Management Inc.
added
1.14
107,000
473,000
 0.08%

1–10 of 47

Latest Funds Activity

Are funds buying AFL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AFL
No. of Funds

AFL Alerts

Aflac News

Nasdaq

Are You Looking for a High-Growth Dividend Stock?.

Nasdaq,
115 minutes ago

Best Stocks

Verity & Verity LLC sells 2,168 Aflac Incorporated shares..

Best Stocks,
3 hours ago

MarketBeat

DNB Asset Management AS Has $25.20 Million Stock Position in ....

MarketBeat,
5 hours ago

MarketWatch

Lincoln National Corp. stock underperforms Thursday when compared to competitors.

MarketWatch,
3 days ago

Nasdaq

November 17th Options Now Available For AFLAC.

Nasdaq,
4 days ago

Nasdaq

Here's Why Prudent Investors are Buying Aflac (AFL) Now.

Nasdaq,
4 days ago

PR Newswire

Aflac Incorporated Releases 2022 Business and Sustainability Report.

PR Newswire,
4 days ago

MarketBeat

Aflac (NYSE:AFL) Earns Hold Rating from Analysts at StockNews.com.

MarketBeat,
4 days ago

Marketscreener.com

For 17th time, Aflac named a World's Most Ethical Company by Ethisphere.

Marketscreener.com,
7 days ago

Barron's

Stocks Will Struggle to Beat 5% Treasurys, Strategists Say. And What the Heck Is ‘Out-Dexing?’.

Barron's,
9 days ago

Best Stocks

AlphaCrest Capital Management LLC reduces its stake in Aflac ....

Best Stocks,
9 days ago

Nasdaq

Guru Fundamental Report for AFL.

Nasdaq,
9 days ago

Nasdaq

3 Stocks to Buy for Consistent Dividend Growth.

Nasdaq,
10 days ago

Zacks Investment Research

Aflac (AFL) Adds Features to Enrich Hospital Insurance Product.

Zacks Investment Research,
11 days ago

Marketscreener.com

Aflac Incorporated Publishes Second-Year Sustainability Bond Report.

Marketscreener.com,
13 days ago

Nasdaq

Zacks Industry Outlook Highlights Aflac, Unum Group, Employers ....

Nasdaq,
14 days ago

Schedule 13G FIlings of Aflac

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 29, 2021
blackrock inc.
6.5%
45,522,910
SC 13G/A
Jan 06, 2021
japan post holdings co., ltd.
7.45%
52,300,000
SC 13G/A

AFL Fair Value

Aflac fair value in different scenarios

The table shows the Fair Value estimates for Aflac for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

49.37

-20.98%

58.76

-5.95%

76.45

22.36%

86.66

38.70%

100.06

60.15%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical Aflac Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Aflac

View All Filings
Date Filed Form Type Document
Mar 16, 2023
ARS
ARS
Mar 16, 2023
DEF 14A
DEF 14A
Mar 16, 2023
DEFA14A
DEFA14A
Feb 27, 2023
8-K
Current Report
Feb 24, 2023
10-K
Annual Report
Feb 15, 2023
4
Insider Trading
Feb 15, 2023
4
Insider Trading
Feb 15, 2023
4
Insider Trading
Feb 15, 2023
4
Insider Trading
Feb 15, 2023
4
Insider Trading

Latest Insider Trading transactions for AFL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-14
LAKE CHARLES D II
sold
-1,568,390
70.36
-22,291
chairman & rep. director, alij
2023-02-14
Koide Masatoshi
sold
-1,357,310
70.36
-19,291
pres. and rep. director, alij
2023-02-13
Koide Masatoshi
acquired
-
-
38,581
pres. and rep. director, alij
2023-02-13
AMOS DANIEL P
acquired
-
-
274,713
chairman of the board, ceo
2023-02-13
Crawford Frederick John
sold (taxes)
-1,989,420
71.01
-28,016
president & coo
2023-02-13
BEAVER STEVEN KENT
sold (taxes)
-282,123
71.01
-3,973
svp, cfo, aflac us
2023-02-13
AMOS DANIEL P
sold (taxes)
-8,647,670
71.01
-121,781
chairman of the board, ceo
2023-02-13
TILLMAN AUDREY B
sold (taxes)
-1,667,390
71.01
-23,481
executive vice president
2023-02-13
Broden Max
sold (taxes)
-868,594
71.01
-12,232
evp, chief financial officer
2023-02-13
Broden Max
acquired
-
-
31,721
evp, chief financial officer

1–10 of 50

About Aflac

Daniel P. Amos
www.aflac.com
12400
Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care income support, 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 based in Columbus, Georgia.

AFL Income Statement

2022-12-31
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Net earned premiums, principally supplemental health insurance$ 15,263$ 17,647$ 18,622
Net investment income3,6563,8183,638
Net investment gains (losses)363468(270)
Other income (loss)220173157
Total revenues19,50222,10622,147
Benefits and expenses:   
Benefits and claims, net9,15310,57611,796
Acquisition and operating expenses:   
Amortization of deferred policy acquisition costs1,1521,1701,214
Insurance commissions1,1171,2561,316
Insurance and other expenses[1]3,2503,5443,420
Interest expense226238242
Total acquisition and operating expenses5,7456,2086,192
Total benefits and expenses14,89816,78417,988
Earnings before income taxes4,6045,3224,159
Income Tax Expense:   
Current1,1811,095794
Deferred(778)(98)(1,413)
Total income tax expense403997(619)
Net earnings$ 4,201$ 4,325$ 4,778
Net earnings per share:   
Basic (in dollars per share)$ 6.62$ 6.42$ 6.69
Diluted (in dollars per share)$ 6.59$ 6.39$ 6.67
Weighted-average outstanding common shares used in computing earnings per share (In thousands):   
Basic (in shares)634,816673,617713,702
Diluted (in shares)637,655676,729716,192
Cash dividends per share$ 1.60$ 1.32$ 1.12
[1]Includes expense of $48 in 2021 and $15 in 2020 for the early extinguishment of debt.

AFL Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Investments and cash:  
Available for sale, fixed maturity securities$ 75,741$ 98,696
Held to maturity fixed maturity securities, net carrying amount19,056[1]22,000
Equity securities1,0911,603
Commercial mortgage and other loans13,49611,786
Other investments4,0703,842
Cash and cash equivalents3,9435,051
Total investments and cash117,397142,978
Receivables647672
Accrued investment income745737
Deferred policy acquisition costs8,5939,525
Property and equipment, at cost less accumulated depreciation530538
Other3,1053,092
Assets131,017157,542
Policy liabilities:  
Future policy benefits80,74990,588
Unpaid policy claims4,5614,836
Unearned premiums1,8252,576
Other policyholders' funds6,1237,072
Total policy liabilities93,258105,072
Income taxes1,2964,339
Payables for return of cash collateral on loaned securities1,8092,162
Notes payable and lease obligations7,4427,956
Other4,8474,760
Total liabilities108,652124,289
Commitments and contingent liabilities (Note 15)
Shareholders' equity:  
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2022 and 2021; issued 1,354,079 shares in 2022 and 1,352,739 shares in 2021135135
Additional paid-in capital2,6412,529
Retained earnings44,56841,381
Accumulated other comprehensive income (loss):  
Unrealized foreign currency translation gains (losses)(3,640)(2,013)
Unrealized gains (losses) on fixed maturity securities(702)9,602
Unrealized gains (losses) on derivatives(27)(30)
Pension liability adjustment(36)(166)
Treasury stock, at average cost(20,574)(18,185)
Total shareholders' equity22,36533,253
Total liabilities and shareholders' equity131,017157,542
Consolidated Entity Excluding Variable Interest Entities (VIE)  
Investments and cash:  
Available for sale, fixed maturity securities71,93694,206
Variable Interest Entity, Consolidated  
Investments and cash:  
Available for sale, fixed maturity securities3,8054,490
Commercial mortgage and other loans[2]10,8329,740
Other investments[2],[3]1,9091,535
Policy liabilities:  
Total liabilities[2]$ 390$ 414
[1]Net of allowance for credit losses
[2]Net of allowance for credit losses
[3]Consists entirely of alternative investments in limited partnerships