Aflac Income Statement

AFL / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Aflac reported $17.2B in revenue and $3.6B in net income for FY2025. Revenue has declined at a 1.8% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 0.69 (distress zone, below 1.8 threshold)
Strong profit margin: 23.5%

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$17.2B	$18.9B	$18.7B	$19.1B	$21.6B	$22.1B	$22.3B	$21.8B	$21.7B	$22.6B	$20.9B	$22.7B	$23.9B	$25.4B	$22.2B
SG&A Expense	$3.3B	$3.0B	$3.2B	$3.2B	$3.5B	$3.4B	$3.1B	$3.0B	$2.8B	$2.8B	$2.6B	$2.3B	$2.2B	$2.4B	$2.3B
Operating Income	-	-	-	$4.2B	$4.9B	$4.4B	$4.5B	$4.4B	$4.1B	$4.1B	$4.0B	$4.3B	$4.4B	$4.7B	$4.5B
Interest Expense	$217.0M	$194.0M	$195.0M	$226.0M	$238.0M	$242.0M	$228.0M	$222.0M	$240.0M	$268.0M	$289.0M	$317.0M	$293.0M	$261.0M	$196.0M
Income Tax	$887.0M	$974.0M	$603.0M	$451.0M	$977.0M	-$619.0M	$1.1B	$1.1B	-$586.0M	$1.4B	$1.3B	$1.5B	$1.7B	$1.4B	$1.0B
Net Income	$3.6B	$5.4B	$4.7B	$4.4B	$4.2B	$4.8B	$3.3B	$2.9B	$4.6B	$2.7B	$2.5B	$3.0B	$3.2B	$2.9B	$1.9B
EPS (Basic)	$7.81	$6.96	$6.28	$6.69	$4.45	$3.79	$5.81	$3.23	$5.88	$6.54	$6.80	$6.14	$4.16	$4.96	$3.21
EPS (Diluted)	$7.78	$6.93	$6.25	$6.67	$4.43	$3.77	$5.77	$3.21	$5.85	$6.50	$6.76	$6.11	$4.12	$4.92	$3.19
Shares Outstanding	578.5M	615.3M	652.1M	692.5M	726.8M	755.3M	780.9M	811.6M	424.4M	442.4M	459.4M	467.8M	466.3M	469.7M	468.6M
Operating Margin	-	-	-	21.7%	22.9%	19.9%	20.0%	20.0%	18.9%	18.3%	19.2%	18.7%	18.4%	18.4%	20.3%
Profit Margin	21.2%	28.8%	24.9%	23.1%	19.6%	21.6%	14.8%	13.4%	21.3%	11.8%	12.1%	13.0%	13.2%	11.3%	8.7%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Aflac Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$17.2B

$18.9B

$18.7B

$19.1B

$21.6B

$22.1B

$22.3B

$21.8B

$21.7B

$22.6B

$20.9B

$22.7B

$23.9B

$25.4B

$22.2B

SG&A Expense

$3.3B

$3.0B

$3.2B

$3.5B

$3.4B

$3.1B

$3.0B

$2.8B

$2.6B

$2.3B

$2.2B

$2.4B

$2.3B

Operating Income

$4.2B

$4.9B

$4.4B

$4.5B

$4.4B

$4.1B

$4.0B

$4.3B

$4.4B

$4.7B

$4.5B

Interest Expense

$217.0M

$194.0M

$195.0M

$226.0M

$238.0M

$242.0M

$228.0M

$222.0M

$240.0M

$268.0M

$289.0M

$317.0M

$293.0M

$261.0M

$196.0M

Income Tax

$887.0M

$974.0M

$603.0M

$451.0M

$977.0M

-$619.0M

$1.1B

-$586.0M

$1.4B

$1.3B

$1.5B

$1.7B

$1.4B

$1.0B

Net Income

$3.6B

$5.4B

$4.7B

$4.4B

$4.2B

$4.8B

$3.3B

$2.9B

$4.6B

$2.7B

$2.5B

$3.0B

$3.2B

$2.9B

$1.9B

EPS (Basic)

$7.81

$6.96

$6.28

$6.69

$4.45

$3.79

$5.81

$3.23

$5.88

$6.54

$6.80

$6.14

$4.16

$4.96

$3.21

EPS (Diluted)

$7.78

$6.93

$6.25

$6.67

$4.43

$3.77

$5.77

$3.21

$5.85

$6.50

$6.76

$6.11

$4.12

$4.92

$3.19

Shares Outstanding

578.5M

615.3M

652.1M

692.5M

726.8M

755.3M

780.9M

811.6M

424.4M

442.4M

459.4M

467.8M

466.3M

469.7M

468.6M

Operating Margin

21.7%

22.9%

19.9%

20.0%

18.9%

18.3%

19.2%

18.7%

18.4%

20.3%

Profit Margin

21.2%

28.8%

24.9%

23.1%

19.6%

21.6%

14.8%

13.4%

21.3%

11.8%

12.1%

13.0%

13.2%

11.3%

8.7%