AFL logo Aflac Incorporated +
Ticker
AFL
MET
Headquarter
Columbus ,GA
US
New York City ,NY
US
CEO
Daniel Paul Amos
Michel Abbas Khalaf
Industry
Insurance - Life
Insurance - Life
Stock Price
Stock Price
Market Cap
Market Cap
$56.93 B
$52.16 B
Employees
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Employees
  • 12.88 K
  • 12.79 K
  • 12.69 K
  • 45.00 K
  • 45.00 K
  • 45.00 K
Y/Y
3.49%
0.75%
0.71%
4.65%
0%
0%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $19.15 B
  • $18.84 B
  • $19.13 B
  • $68.76 B
  • $66.90 B
  • $70.98 B
Y/Y
11.12%
1.62%
1.52%
8.59%
2.71%
6.1%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $4.87 B
  • $5.26 B
  • $6.42 B
  • $7.30 B
  • $3.21 B
  • $6.66 B
Y/Y
6.51%
8.07%
21.95%
22.63%
56.08%
107.64%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 9.00%
  • 11.00%
  • 15.00%
  • 17.00%
  • 26.00%
  • 21.00%
Y/Y
50.64%
23.76%
32.46%
17.42%
55.18%
19.11%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $4.42 B
  • $4.66 B
  • $5.44 B
  • $5.28 B
  • $1.58 B
  • $4.43 B
Y/Y
4.42%
5.45%
16.83%
22.92%
70.14%
180.48%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $1.49 M
  • $1.47 M
  • $1.51 M
  • $1.53 M
  • $1.49 M
  • $1.58 M
Y/Y
14.12%
0.87%
2.25%
3.76%
2.71%
6.1%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $342.96 K
  • $364.41 K
  • $428.79 K
  • $117.42 K
  • $35.07 K
  • $98.36 K
Y/Y
0.89%
6.26%
17.67%
26.34%
70.14%
180.48%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $131.74 B
  • $126.72 B
  • $117.57 B
  • $663.07 B
  • $687.58 B
  • $677.46 B
Y/Y
16.38%
3.81%
7.23%
12.72%
3.7%
1.47%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $111.60 B
  • $104.74 B
  • $91.47 B
  • $632.95 B
  • $657.33 B
  • $649.75 B
Y/Y
10.21%
6.15%
12.67%
8.53%
3.85%
1.15%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 25.42%
  • 27.93%
  • 33.55%
  • 10.62%
  • 4.79%
  • 9.38%
Y/Y
5.17%
9.87%
20.12%
28.72%
54.9%
95.82%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 23.07%
  • 24.73%
  • 28.46%
  • 7.68%
  • 2.36%
  • 6.24%
Y/Y
17.46%
7.2%
15.08%
29.02%
69.27%
164.41%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $4.87 B
  • $5.26 B
  • $6.42 B
  • $7.98 B
  • $3.93 B
  • $7.37 B
Y/Y
6.51%
8.07%
21.95%
21.29%
50.78%
87.85%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $3.88 B
  • $3.19 B
  • $2.71 B
  • $11.37 B
  • $14.26 B
  • $15.12 B
Y/Y
23.2%
17.76%
15.14%
11.34%
25.38%
6%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 21.94%
  • 21.19%
  • 20.86%
  • 17.68%
  • 5.26%
  • 16.13%
Y/Y
72.48%
3.42%
1.56%
74.02%
70.25%
206.65%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 3.35%
  • 3.68%
  • 4.63%
  • 0.80%
  • 0.23%
  • 0.65%
Y/Y
24.54%
9.85%
25.82%
11.11%
71.25%
182.61%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 36.95%
  • 33.50%
  • 28.73%
  • 60.17%
  • 62.73%
  • 68.19%
Y/Y
54.41%
9.34%
14.24%
132.95%
4.25%
8.7%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $49.17 B
  • $52.24 B
  • $58.98 B
  • $54.17 B
  • $48.61 B
  • $56.49 B
Y/Y
16.41%
6.25%
12.89%
10.61%
10.26%
16.21%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 2.57
  • 2.77
  • 3.08
  • 0.80
  • 0.73
  • 0.81
Y/Y
30.97%
8%
11.2%
3.82%
8.35%
10.4%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 10.10
  • 9.93
  • 9.19
  • 6.79
  • 12.38
  • 7.66
Y/Y
24.51%
1.68%
7.43%
35.09%
82.33%
38.14%