AFL
Income statement / Annual
Last year (2023), Aflac Incorporated's total revenue was $18.70 B,
a decrease of 2.29% from the previous year.
In 2023, Aflac Incorporated's net income was $4.66 B.
See Aflac Incorporated’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$18.70 B
|
$19.14 B
|
$22.11 B
|
$22.15 B
|
$22.31 B
|
$21.76 B
|
$21.67 B
|
$22.56 B
|
$20.87 B
|
$22.73 B
|
Cost of Revenue |
$0.00 |
$275.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Gross Profit |
$18.70 B |
$18.87 B |
$22.11 B |
$22.15 B |
$22.31 B |
$21.76 B |
$21.67 B |
$22.56 B |
$20.87 B |
$22.73 B |
Gross Profit Ratio |
1 |
0.99 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$2.93 B
|
$2.99 B
|
$3.26 B
|
$3.18 B
|
$2.82 B
|
$2.70 B
|
$2.50 B
|
$2.50 B
|
$2.33 B
|
$1.96 B
|
Selling & Marketing
Expenses |
$188.00 M
|
$204.00 M
|
$229.00 M
|
$184.00 M
|
$219.00 M
|
$218.00 M
|
$210.00 M
|
$224.00 M
|
$211.00 M
|
$229.00 M
|
Selling, General &
Administrative Expenses |
$3.17 B
|
$3.25 B
|
$3.54 B
|
$3.42 B
|
$3.09 B
|
$2.99 B
|
$2.78 B
|
$2.80 B
|
$2.61 B
|
$2.26 B
|
Other Expenses |
$0.00 |
-$14.05 B |
-$16.78 B |
-$17.99 B |
-$17.86 B |
-$17.55 B |
-$17.41 B |
-$18.22 B |
-$16.72 B |
-$17.92 B |
Operating Expenses |
$3.17 B |
-$14.05 B |
-$16.78 B |
-$17.99 B |
-$17.86 B |
-$17.55 B |
-$17.41 B |
-$18.22 B |
-$16.72 B |
-$17.92 B |
Cost And Expenses |
$3.17 B |
$14.27 B |
$16.78 B |
$17.99 B |
$17.86 B |
$17.71 B |
$17.58 B |
$18.31 B |
$16.98 B |
$18.12 B |
Interest Income |
$0.00 |
$226.00 M |
$238.00 M |
$242.00 M |
$228.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Interest Expense |
$195.00 M |
$226.00 M |
$238.00 M |
$242.00 M |
$228.00 M |
$222.00 M |
$240.00 M |
$268.00 M |
$289.00 M |
$317.00 M |
Depreciation &
Amortization |
$39.00 M
|
$45.00 M
|
$45.00 M
|
$41.00 M
|
$41.00 M
|
$49.00 M
|
$53.00 M
|
$54.00 M
|
-$4.20 B
|
-$4.69 B
|
EBITDA |
$5.50 B
|
$5.14 B
|
$5.61 B
|
$4.43 B
|
$0.00
|
$4.21 B
|
$4.31 B
|
$4.39 B
|
-$46.00 M
|
$4.81 B
|
EBITDA Ratio |
0.29 |
0.25 |
0.24 |
0.19 |
0.2 |
0.19 |
0.2 |
0.19 |
0.2 |
0.21 |
Operating Income Ratio
|
0.83
|
0.27
|
0.24
|
0.19
|
0.2
|
0.19
|
0.2
|
0.19
|
0.2
|
0.21
|
Total Other
Income/Expenses Net |
-$10.27 B
|
-$11.02 B
|
-$12.69 B
|
$4.17 B
|
-$228.00 M
|
-$14.79 B
|
-$14.87 B
|
-$15.70 B
|
-$14.45 B
|
-$15.86 B
|
Income Before Tax |
$5.26 B |
$4.87 B |
$5.32 B |
$4.16 B |
$4.45 B |
$3.98 B |
$4.02 B |
$4.07 B |
$3.86 B |
$4.49 B |
Income Before Tax Ratio
|
0.28
|
0.25
|
0.24
|
0.19
|
0.2
|
0.18
|
0.19
|
0.18
|
0.19
|
0.2
|
Income Tax Expense |
$603.00 M |
$451.00 M |
$997.00 M |
-$619.00 M |
$1.14 B |
$1.06 B |
-$586.00 M |
$1.41 B |
$1.33 B |
$1.54 B |
Net Income |
$4.66 B |
$4.42 B |
$4.23 B |
$4.78 B |
$3.30 B |
$2.92 B |
$4.37 B |
$2.66 B |
$2.53 B |
$2.95 B |
Net Income Ratio |
0.25 |
0.23 |
0.19 |
0.22 |
0.15 |
0.13 |
0.2 |
0.12 |
0.12 |
0.13 |
EPS |
7.81 |
6.96 |
6.42 |
6.69 |
4.45 |
3.79 |
5.52 |
3.23 |
2.94 |
3.27 |
EPS Diluted |
7.78 |
6.93 |
6.39 |
6.67 |
4.43 |
3.77 |
5.48 |
3.21 |
2.93 |
3.25 |
Weighted Average Shares
Out |
$596.17 M
|
$634.82 M
|
$673.62 M
|
$713.70 M
|
$742.41 M
|
$769.59 M
|
$792.04 M
|
$822.94 M
|
$861.31 M
|
$902.41 M
|
Weighted Average Shares
Out Diluted |
$598.75 M
|
$637.66 M
|
$676.73 M
|
$716.19 M
|
$746.43 M
|
$774.65 M
|
$797.86 M
|
$827.84 M
|
$866.34 M
|
$908.00 M
|
Link |
|
|
|
|
|
|
|
|
|
|