Submit Feedback
  • Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Profitability
  • Ratios

Aflac Incorporated Income Statement

Chart 2020 2021 2022 2023
Revenue
$22.15B $22.11B $19.14B $18.70B
Cost of Revenue
- - $275.00M -
Gross Profit
$22.15B $22.11B $18.87B $18.70B
Research & Development
- - - -
Selling,General & Administrative
$3.42B $3.54B $3.25B $3.17B
Operating Expense
-$17.99B -$16.78B -$14.05B $3.17B
Operating Income
$4.16B $5.32B $5.10B $15.54B
Net Income
$4.78B $4.23B $4.42B $4.66B

Aflac Incorporated Balance Sheet

Chart 2020 2021 2022 2023
Cash and Cash Equivalents
$111.02B $103.75B $79.68B $28.22B
Inventories
-$7.84B -$7.50B -$7.23B -
Total Current Assets
$111.82B $104.44B $80.33B $29.07B
Property,Plant and Equipment
$601.00M $538.00M $530.00M $445.00M
Goodwill
$269.00M $268.00M $265.00M $265.00M
Total Assets
$165.09B $157.54B $131.74B $126.72B
Total Liabilities
$7.90B $7.96B $111.60B $104.74B
Retained Earnings
$37.98B $41.38B $44.37B $47.99B
Total Shareholder Equity
$33.56B $33.25B $20.14B $21.99B
Common Stock
$135.00M $135.00M $135.00M $136.00M

Aflac Incorporated Cash flow

Chart 2020 2021 2022 2023
Depreciation & Amortization
$41.00M $45.00M $45.00M -
Dividends Payout
-$769.00M -$855.00M -$979.00M -$966.00M
Capital Expenditures (Capex)
- - - -
Free Cash Flow (FCF)
$5.96B $5.05B $3.88B $3.19B

Aflac Incorporated Profitability

Chart 2020 2021 2022 2023
Gross Profit
$22.15B $22.11B $18.87B $18.70B
Gross Profit Margin (%)
100.00% 100.00% 98.56% 100.00%
Operating Income
$4.16B $5.32B $5.10B $15.54B
Operating Income Margin (%)
18.78% 24.07% 26.62% 83.08%
Net Income
$4.78B $4.23B $4.42B $4.66B
Net Income Margin (%)
21.57% 19.14% 23.08% 24.91%
EBITDA
$4.43B $5.61B $5.14B $5.50B
EBITDA Margin (%)
18.78% 24.07% 25.24% 29.39%

Aflac Incorporated Ratios

Chart 2020 2021 2022 2023
Return on Equity (ROE)
14.24% 12.72% 21.94% 21.19%
Return on Assets (ROA)
2.89% 2.69% 3.35% 3.68%
Debt to Equity
23.54% 23.93% 36.95% 32.93%
Debt to total asset
4.78% 5.05% 5.65% 5.71%
Enterprise value to revenue
1.56 1.91 2.57 2.79
Enterprise value to EBITDA
7.79 7.54 9.57 9.51
Enterprise value
$34.50B $42.24B $49.17B $52.24B
Cash to Debt
75.43% 63.49% 52.12% 44.06%
Tax Rate (%)
-14.88% 18.73% 9.26% 11.46%
Payout Ratio
16.09% 20.21% 22.16% 20.73%