Aflac Inc (AFL) stock
AFLNYSEAccident & Health InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 8/306% above fair value
$127.61+1.10 (+0.87%)
Close on Nov 13, 2026Market cap $63.98BP/E 18.6Yield 1.82%
Aflac operating margin
Operating margin is operating income as a percentage of revenue.
Aflac's operating margin for the twelve months ending Sep 30, 2023 was 22.9%. For fiscal 2022 it was 21.7%, against 22.9% the year before. The highest annual figure on record is 22.9% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | 21.7% | −1.2 |
| FY2021 | Dec 31, 2021 | 22.9% | +3.0 |
| FY2020 | Dec 31, 2020 | 19.9% | −0.1 |
| FY2019 | Dec 31, 2019 | 20.0% | −0.0 |
| FY2018 | Dec 31, 2018 | 20.0% | +1.1 |
| FY2017 | Dec 31, 2017 | 18.9% | +0.6 |
| FY2016 | Dec 31, 2016 | 18.2% | −0.9 |
| FY2015 | Dec 31, 2015 | 19.2% | +0.5 |
| FY2014 | Dec 31, 2014 | 18.7% | +0.3 |
| FY2013 | Dec 31, 2013 | 18.4% | +0.0 |
| FY2012 | Dec 31, 2012 | 18.4% | −1.9 |
| FY2011 | Dec 31, 2011 | 20.3% | +1.1 |
| FY2010 | Dec 31, 2010 | 19.2% | +0.4 |
| FY2009 | Dec 31, 2009 | 18.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2023 | Sep 30, 2023 | 26.2% | +2.7 |
| Q2 FY2023 | Jun 30, 2023 | 22.0% | +0.6 |
| Q1 FY2023 | Mar 31, 2023 | 23.6% | +1.2 |
| Q4 FY2022 | Dec 31, 2022 | 19.0% | −1.4 |
| Q3 FY2022 | Sep 30, 2022 | 23.5% | −1.2 |
| Q2 FY2022 | Jun 30, 2022 | 21.5% | −2.6 |
| Q1 FY2022 | Mar 31, 2022 | 22.4% | +0.2 |
| Q4 FY2021 | Dec 31, 2021 | 20.4% | +4.1 |
| Q3 FY2021 | Sep 30, 2021 | 24.7% | +6.4 |
| Q2 FY2021 | Jun 30, 2021 | 24.1% | +1.3 |
| Q1 FY2021 | Mar 31, 2021 | 22.3% | −0.7 |
| Q4 FY2020 | Dec 31, 2020 | 16.3% | −2.0 |
| Q3 FY2020 | Sep 30, 2020 | 18.3% | −2.6 |
| Q2 FY2020 | Jun 30, 2020 | 22.8% | +2.1 |
| Q1 FY2020 | Mar 31, 2020 | 22.9% | +2.8 |
| Q4 FY2019 | Dec 31, 2019 | 18.3% | −2.1 |
| Q3 FY2019 | Sep 30, 2019 | 20.9% | +1.9 |
| Q2 FY2019 | Jun 30, 2019 | 20.7% | +0.4 |
| Q1 FY2019 | Mar 31, 2019 | 20.1% | −0.2 |
| Q4 FY2018 | Dec 31, 2018 | 20.4% | +2.4 |
| Q3 FY2018 | Sep 30, 2018 | 19.0% | +0.6 |
| Q2 FY2018 | Jun 30, 2018 | 20.4% | +0.6 |
| Q1 FY2018 | Mar 31, 2018 | 20.3% | +1.0 |
| Q4 FY2017 | Dec 31, 2017 | 17.9% | +2.8 |
| Q3 FY2017 | Sep 30, 2017 | 18.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 19.8% | – |
| Q1 FY2017 | Mar 31, 2017 | 19.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 15.2% | – |
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