← AFLAC INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $22.6b $21.7b $21.8b $22.3b $22.1b $22.1b $19.5b $18.7b $18.9b $17.2b
Revenues:
Operating Expenses — — — — — $6.2b $5.7b $5.2b $5.1b $5.3b
Operating Income (Loss) $4.3b $4.1b $4.4b $4.5b $4.4b $4.9b $4.2b — — —
Additional Financial Items
Other Income — — — — — — — $177.0m $100.0m $112.0m
Foreign Currency Transaction Gain (Loss), Realized — ($33.0m) — — — — — — — —
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $215.0m $28.0m — — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — — — $5.3b $6.4b $4.5b
Policyholder Benefits and Claims Incurred, Net $12.9b $12.2b $12.0b $11.9b $11.8b $10.6b $9.2b $8.2b $7.5b $7.3b
Premiums Earned, Net $19.2b $18.5b $18.7b $18.8b $18.6b $17.6b $15.3b $14.1b $13.4b $13.5b
Net Investment Income $3.3b $3.2b $3.4b $3.6b $3.6b $3.8b $3.7b $3.8b $4.1b $4.1b
Gain (Loss) on Investments ($123.0m) ($151.0m) ($430.0m) ($135.0m) ($270.0m) $468.0m $363.0m $590.0m $1.3b ($572.0m)
Gain (Loss) on Derivative Instruments, Net, Pretax ($255.0m) ($109.0m) ($224.0m) ($174.0m) $399.0m ($805.0m) ($1.2b) ($531.0m) ($363.0m) ($295.0m)
Net Income (Loss) Attributable to Parent $2.7b $4.6b $2.9b $3.3b $4.8b $4.3b $4.2b $4.7b $5.4b $3.6b
Earnings Per Share, Basic $3.23 $5.82 $3.79 $4.45 $6.69 $6.42 $6.62 $7.81 $9.68 $6.84
Earnings Per Share, Diluted $3.21 $5.77 $3.77 $4.43 $6.67 $6.39 $6.59 $7.78 $9.63 $6.82
Common Stock, Dividends, Per Share, Declared — — — — — — — — $2.08 $2.35
Weighted Average Number of Shares Outstanding, Basic 822.9m 792.0m 769.6m 742.4m 713.7m 673.6m 634.8m 596.2m 562.5m 532.9m
Weighted Average Number of Shares Outstanding, Diluted 827.8m 797.9m 774.6m 746.4m 716.2m 676.7m 637.7m 598.7m 565.0m 534.9m
Expenses
Selling, General and Administrative Expense $2.5b $2.8b $3.0b $3.1b $3.4b $3.5b $3.2b $3.2b $3.0b $3.3b
Other Nonoperating Income (Expense) ($28.0m) ($69.0m) ($74.0m) ($1.0m) ($28.0m) ($74.0m) $0 $39.0m — —
Deferred Policy Acquisition Costs, Amortization Expense $1.1b $1.1b $1.2b $1.3b $1.2b $1.2b $1.2b $816.0m $851.0m $874.0m
Interest Expense $268.0m $240.0m $222.0m $228.0m $242.0m $238.0m $226.0m $195.0m $197.0m $220.0m
Other Cost and Expense, Operating $344.0m — — — — — — — — —
Current Income Tax Expense (Benefit) $884.0m $631.0m $1.4b $806.0m $794.0m $1.1b $1.2b $1.7b $1.3b $1.1b
Interest Expense, Debt — — — $135.0m $167.0m $170.0m $167.0m $190.0m $194.0m $217.0m
Interest Expense Operating — — — — — — — — $197.0m $220.0m
Income Tax Expense (Benefit) $1.4b ($586.0m) $1.1b $1.1b ($619.0m) $997.0m $403.0m $603.0m $974.0m $887.0m
Benefits, Losses and Expenses $18.5b $17.6b $17.8b $17.9b $18.0b $16.8b $14.9b $13.4b $12.5b $12.6b
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component — — $25.0m $8.0m $30.0m $25.0m $14.0m ($39.0m) $24.0m $68.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.