Aflac Inc. (AFL): Filings, Insider Trades, Events

Quarter	Revenue	Net income	EPS
Q2 FY2026	$4.1B	$825.0M	1.63
Q1 FY2026	$4.3B	$1.0B	1.98
Q4 FY2025	$4.9B	$1.4B	2.58
Q3 FY2025	$4.7B	$1.6B	3.08

Form	Filed
N-PX	20 Aug 2026
10-Q	7 Aug 2026
8-K	6 Aug 2026
8-K	30 Jun 2026
S-3ASR	24 Jun 2026
11-K	23 Jun 2026
8-K	28 May 2026
8-K	14 May 2026

Financial statements

The income statement, balance sheet and cash flow by year and by quarter, line by line as the company reports them. Each column names the filing it comes from.

34 lines · 19 years · US$ millionsJSON

Fiscal period	FY2007	FY2008	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Period ending	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Source filing	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Filed	26 Feb 2010	25 Feb 2011	27 Feb 2012	27 Feb 2013	27 Feb 2014	26 Feb 2015	25 Feb 2016	24 Feb 2017	23 Feb 2018	25 Feb 2019	21 Feb 2020	23 Feb 2021	23 Feb 2022	24 Feb 2023	22 Feb 2024	26 Feb 2025	25 Feb 2026	25 Feb 2026	25 Feb 2026
+Net earned premiums, principally supplemental health insurance	12,973M	14,947M	16,621M	18,073M	20,362M	22,148M	20,135M	19,072M	17,570M	19,225M	18,531M	18,677M	18,780M	18,622M	17,095M^r	14,901M^r	14,123M	13,440M	13,548M
Net investment income	2,333M	2,578M	2,765M	3,007M	3,280M	3,473M	3,293M	3,319M	3,135M	3,278M	3,220M	3,442M	3,578M	3,638M	3,818M	3,656M	3,811M	4,116M	4,076M
Other-than-temporary impairment losses realized and loan loss reserves	–	–	–	–	–	–	–	–	–	–	37M	81M	31M	–	–	–	–	–	–
Other gains	–	–	–	–	–	–	–	–	–	71M	-114M	-349M	-104M	–	–	–	–	–	–
+Net investment gains	–	–	-1,212M	-422M	-1,552M	-349M	399M	215M	106M^r	-14M^r	-151M	-430M	-135M	-270M	468M	363M	590M	1,271M	-572M
+Other income	59M	36M	80M	74M	81M	92M	112M	122M	61M^r	70M^r	67M	69M	84M	157M	173M	220M	177M	100M	112M
Total revenues	15,393M	16,554M	18,254M	20,732M	22,171M	25,364M	23,939M	22,728M	20,872M	22,559M	21,667M	21,758M	22,307M	22,147M	21,554M^r	19,140M^r	18,701M	18,927M	17,164M
+Benefits and claims, excluding reserve remeasurement	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10,623M	9,102M	8,594M	8,008M	7,987M
−Reserve remeasurement losses	–	–	–	–	–	–	–	–	–	–	–	–	–	–	147M	215M	383M	558M	694M
+Total benefits and claims, net	9,285M	10,499M	11,308M	12,106M	13,749M	15,330M	13,813M	12,937M	11,746M	12,919M	12,181M	12,000M	11,942M	11,796M	10,476M^r	8,887M^r	8,211M	7,450M	7,293M
+Amortization of deferred policy acquisition costs	640M	775M	942M	958M^r	1,033M^r	1,117M	1,074M	1,108M	1,066M	1,141M	1,132M	1,245M	1,282M	1,214M	835M^r	792M^r	816M	851M	874M
+Insurance commissions	1,331M	1,460M	1,568M	1,637M	1,725M	1,744M	1,528M	1,436M	1,303M	1,368M	1,316M	1,320M	1,321M	1,316M	1,256M	1,117M	1,052M	998M	991M
+Insurance and other expenses	1,491M	1,743M	1,977M	2,159M^r	2,336M^r	2,415M	2,222M	2,261M	2,606M^r	2,796M^r	2,780M	2,988M	3,089M	3,420M	3,541M^r	3,249M^r	3,165M	3,014M	3,253M
+Interest expense	27M	29M	72M	149M	196M	261M	293M	317M	289M	268M	240M	222M	228M	242M	238M	226M	195M	197M	220M
+Total acquisition and operating expenses	3,609M	4,141M	4,711M	5,065M^r	5,472M^r	5,732M	5,310M	5,300M	5,264M	5,573M	5,468M	5,775M	5,920M	6,192M	5,870M^r	5,384M^r	5,228M	5,060M	5,338M
−Total benefits and expenses	12,894M	14,640M	16,019M	17,171M^r	19,221M^r	21,062M	19,123M	18,237M	17,010M	18,492M	17,649M	17,775M	17,862M	17,988M	16,346M^r	14,271M^r	13,439M	12,510M	12,631M
Earnings before income taxes	2,499M	1,914M	2,235M	3,561M^r	2,950M^r	4,302M	4,816M	4,491M	3,862M	4,067M	4,018M	3,983M	4,445M	4,159M	5,208M	4,869M	5,262M	6,417M	4,533M
% of total revenues	16.2%	11.6%	12.2%	17.2%	13.3%	17.0%	20.1%	19.8%	18.5%	18.0%	18.5%	18.3%	19.9%	18.8%	24.2%	25.4%	28.1%	33.9%	26.4%
+Current	548M	636M	830M	862M	891M	816M	1,236M	1,079M	1,288M	884M	631M	1,379M	806M	794M	1,095M	1,181M	1,663M	1,330M	1,115M
+Deferred	317M	24M	-92M	371M^r	122M^r	620M	422M	461M	41M	524M	-1,217M	-316M	335M	-1,413M	-118M^r	-730M^r	-1,060M	-356M	-228M
−Income taxes	865M	660M	738M	1,233M^r	1,013M^r	1,436M	1,658M	1,540M	1,329M	1,408M	-586M	1,063M	1,141M	-619M	977M^r	451M^r	603M	974M	887M
Net earnings	1,634M	1,254M	1,497M	2,328M^r	1,937M^r	2,866M	3,158M	2,951M	2,533M	2,659M	4,604M	2,920M	3,304M	4,778M	4,231M^r	4,418M^r	4,659M	5,443M	3,646M
% of total revenues	10.6%	7.6%	8.2%	11.2%	8.7%	11.3%	13.2%	13.0%	12.1%	11.8%	21.2%	13.4%	14.8%	21.6%	19.6%	23.1%	24.9%	28.8%	21.2%
Basic	1.68^s	1.32^s	1.60^s	2.48^s	2.08^s	3.07^s	3.40^s	3.27^s	2.94^s	3.23	5.81	3.79	4.45	6.69	6.28	6.96	7.81	9.68	6.84
Diluted	1.66^s	1.31^s	1.59^s	2.46^s	2.06^s	3.06^s	3.38^s	3.25^s	2.92^s	3.21	5.77	3.77	4.43	6.67	6.25	6.93	7.78	9.63	6.82
+Basic	976M^s	947M^s	933M^s	938M^s	933M^s	934M^s	929M^s	902M^s	861M^s	823M	792M	770M	742M	714M	674M	635M	596M	563M	533M
Diluted	988M^s	958M^s	938M^s	946M^s	939M^s	939M^s	935M^s	908M^s	866M^s	828M^r	798M^r	775M	746M	716M	677M	638M	599M	565M	535M
Cash dividends per share	–	–	–	–	–	–	–	–	–	–	–	–	1.08	1.12	1.32	1.60	1.68	2.00	2.32

Hover a figure for its source.^r restated in a later filing^s adjusted for a stock split– not reported in that period

Lines in the order and wording of the 10-K filed 25 Feb 2026. 54 of 54 subtotals add up to the company's own totals, and the balance sheet balances in 87 of 87 periods. Newest filing read: 7 Aug 2026.

Free for personal research, with credit (Data by Shikshan Nivesh) and a link. API access, bulk files and commercial use need a licence: the data licence.

Charts

Any figure or ratio in the record, by year, by quarter or on a trailing twelve months, as a value or as growth, against a peer if you like. Hover for the figures.

Revenue · quarterly · US$

Latest Jun 2026: $4.12B

AFL · Aflac Inc.From2009to2026

Revenue = rev

$4.1B · Jun 2026

−1.0% · Jun 2026

−5.3% · Jun 2026

26.9% · Jun 2026

$825M · Jun 2026

$1.63 · Jun 2026

534.9M · Dec 2025

$6.1B · Jun 2026

$2.6B · Dec 2025

$2.35 · Dec 2025

Price at its own past P/E range

AFL $120.50 · 13.0× P/E · 23 Oct 2026

Month-end priceAt its median P/E, 11.3×Between its 10th and 90th percentile, 8.4× to 14.3×

Method. Each month-end, the trailing-twelve-month diluted EPS known that month (from filings filed by then) at the 10th, 50th and 90th percentile of this stock's own month-end P/E from 2011-05 to 2026-10. Months with the figure at or below zero are left out. A summary of the multiples the stock has traded at, not a value.

Ratios

Every ratio, worked out the same way for every company, by year or on a trailing twelve months. Hover a ratio for its formula.

145 ratios · 8 in profitabilityJSON

Fiscal year ending	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Return on common equity	–	–	19.9%	24.6%	16.5%	19.8%	20.6%	17.9%	14.1%	13.9%	20.4%	12.2%	12.6%	15.3%	16.7%	23.8%	22.1%	22.6%	13.1%
Return on assets	–	–	1.8%	2.5%	1.8%	2.4%	2.6%	2.4%	2.1%	2.1%	3.4%	2.1%	2.3%	3.0%	2.6%	3.1%	3.6%	4.5%	3.1%
Pretax margin	16.2%	11.6%	12.2%	17.2%	13.3%	17.0%	20.1%	19.8%	18.5%	18.0%	18.5%	18.3%	19.9%	18.8%	24.2%	25.4%	28.1%	33.9%	26.4%
Profit margin	10.6%	7.6%	8.2%	11.2%	8.7%	11.3%	13.2%	13.0%	12.1%	11.8%	21.2%	13.4%	14.8%	21.6%	19.6%	23.1%	24.9%	28.8%	21.2%
Net income to common margin	10.6%	7.6%	8.2%	11.2%	8.7%	11.3%	13.2%	13.0%	12.1%	11.8%	21.2%	13.4%	14.8%	21.6%	19.6%	23.1%	24.9%	28.8%	21.2%
Effective tax rate	34.6%	34.5%	33.0%	34.6%	34.3%	33.4%	34.4%	34.3%	34.4%	34.6%	−14.6%	26.7%	25.7%	−14.9%	18.8%	9.3%	11.5%	15.2%	19.6%
Dividend payout ratio	22.8%	34.6%	35.0%	23.0%	28.5%	21.0%	20.1%	22.2%	25.9%	24.7%	14.4%	27.2%	23.3%	16.1%	20.2%	22.2%	20.7%	20.0%	32.9%
Sustainable growth rate	–	–	12.9%	18.9%	11.8%	15.6%	16.5%	13.9%	10.4%	10.5%	17.5%	8.9%	9.7%	12.8%	13.3%	18.5%	17.5%	18.1%	8.8%

Hover a ratio for its formula as computed; avg() is the mean of the line now and a year earlier. The bar mark charts it. Worked out the same way for every company, from the standardized statements. Newest filing read: 7 Aug 2026.

What the company said with its results

The key points, guidance and management's own words from each of the last four results releases.

Key points

Adjusted earnings fell 7.7%
Adjusted earnings were $883 million against $957 million a year earlier. Adjusted EPS was $1.75, down 1.7%. Excluding currency impact, adjusted EPS was $1.80, up 1.1%.
Net earnings rose 37.7%
Net earnings were $825 million, or $1.63 per diluted share, up from $599 million, or $1.11 per diluted share. Smaller net investment losses than a year earlier were a factor.
Yen weaker against the dollar
The yen averaged 159.45 per dollar in the quarter, 9.3% below the 144.60 average of a year earlier.
Japan pretax earnings rose on benefits
Japan pretax adjusted earnings were ¥118.2 billion, up 3.4% reported and down 2.1% currency-neutral. The Japan pretax adjusted margin was 34.3%, against 32.0%.
Japan premiums fell on reinsurance
Japan net earned premiums were ¥245.1 billion, down 3.7%, or $1.5 billion in dollar terms, down 12.7%. Limited pay products reaching paid-up status also reduced premiums.
U.S. pretax earnings fell 4.6%
Aflac U.S. pretax adjusted earnings were $370 million. The U.S. pretax adjusted margin was 20.9%, against 22.5%. Net earned premiums rose 2.3% to $1.5 billion.
Corporate and other posted a loss
Corporate and other reported a pretax adjusted loss of $10 million, against a $20 million gain a year earlier. Adjusted revenues fell 13.4% to $291 million.
Japan sales fell on high baseline
Japan new annualized premium sales were ¥19.6 billion, or $123 million. The company attributed the decline to the high prior-year baseline for Miraito after its March 2025 launch.
Tsumitasu and Anshin Palette grew
Refreshed Tsumitasu savings-type life insurance and Anshin Palette, the medical insurance product launched in December 2025, grew and partly offset the Miraito comparison.
Japan first-half sales rose 7%
Japan sales for the first six months were ¥37.3 billion, or $235 million, up 7.0%.
U.S. sales rose on group benefits
Aflac U.S. quarterly sales were $349 million, up 2.6%, mainly from group voluntary benefits and network dental and vision products. First-half U.S. sales were $667 million, up 2.8%.
Japan benefit ratio fell
Japan benefits and claims were 64.0% of net earned premiums, against 66.5% a year earlier, down 250 basis points. Japan adjusted expenses were 20.2% of adjusted revenues, against 20.6%.
U.S. benefit ratio rose
U.S. benefits and claims were 49.5% of net earned premiums, against 47.3%, up 220 basis points. U.S. adjusted expenses were 36.1% of adjusted revenues, against 36.3%.
Corporate interest expense rose
Corporate and other interest expense was $62 million, up 21.6% from $51 million, with runoff from closed blocks of business also weighing on results.

Guidance

Shareholder dividend$0.61 per sharethird quarter of 2026 · kept from $0.61

In their words

“Aflac delivered solid earnings for the quarter and for the first six months. These results reflect execution of our strategy, driving long-term value for shareholders.” Daniel P. Amos, Chairman and Chief Executive Officer

“We intend to continue our balanced approach of investing in growth and driving long-term value.” Daniel P. Amos, Chairman and Chief Executive Officer

Coming up

Second-quarter earnings call. The company will webcast its second-quarter 2026 earnings conference call on Friday, August 7, 2026, at 8:00 a.m. ET.

Revenue by segment

As the company reports it in the segment note of each annual report: by business, by product and by region, latest year.

This company reports no segment split in its annual report.

Company events

Every 8-K, sorted by the event it reports, with the moment the SEC accepted it in New York time.


6 Aug 2026	8-K	ResultsInvestor update	2.02, 7.01, 9.01
30 Jun 2026	8-K	Other events	8.01
28 May 2026	8-K	Other events	8.01, 9.01
14 May 2026	8-K	Other events	8.01, 9.01
7 May 2026	8-K	Shareholder vote	5.07
29 Apr 2026	8-K	ResultsInvestor update	2.02, 7.01, 9.01
4 Feb 2026	8-K	ResultsInvestor update	2.02, 7.01, 9.01
4 Nov 2025	8-K	ResultsInvestor update	2.02, 7.01, 9.01
27 Aug 2025	8-K	New debt	2.03
5 Aug 2025	8-K	Results	2.02, 9.01
20 Jun 2025	8-K	Other events	8.01
5 Jun 2025	8-K	Other events	8.01, 9.01
8 May 2025	8-K	Shareholder vote	5.07
30 Apr 2025	8-K	Results	2.02, 9.01
5 Feb 2025	8-K	Results	2.02, 9.01
30 Oct 2024	8-K	ResultsLeadership change	2.02, 5.02, 9.01
31 Jul 2024	8-K	Results	2.02, 9.01
10 May 2024	8-K	Shareholder vote	5.07
1 May 2024	8-K	Results	2.02, 9.01
21 Mar 2024	8-K	Other events	8.01, 9.01
31 Jan 2024	8-K	Results	2.02, 9.01
8 Dec 2023	8-K	Leadership change	5.02
17 Nov 2023	8-K	Leadership changeBylaws or fiscal year change	5.02, 5.03
1 Nov 2023	8-K	Leadership change	5.02
1 Nov 2023	8-K	Results	2.02, 9.01
1 Aug 2023	8-K	Results	2.02, 9.01
13 Jun 2023	8-K	Leadership change	5.02, 9.01
4 May 2023	8-K	Shareholder vote	5.07
27 Apr 2023	8-K	Results	2.02, 9.01
27 Feb 2023	8-K	Investor update	7.01, 9.01
10 Feb 2023	8-K	Leadership change	5.02
1 Feb 2023	8-K	Results	2.02, 9.01
31 Oct 2022	8-K	Results	2.02, 9.01
25 Oct 2022	8-K	Leadership change	5.02
14 Sep 2022	8-K	Other events	8.01, 9.01
1 Aug 2022	8-K	Results	2.02, 9.01
4 May 2022	8-K	Shareholder vote	5.07
27 Apr 2022	8-K	Results	2.02, 9.01
11 Feb 2022	8-K	Leadership changeBylaws or fiscal year change	5.02, 5.03, 9.01
2 Feb 2022	8-K	Results	2.02, 9.01
27 Oct 2021	8-K	Results	2.02, 9.01
29 Jul 2021	8-K/A	Results	2.02, 9.01
28 Jul 2021	8-K	Results	2.02, 9.01
6 May 2021	8-K	Shareholder vote	5.07
28 Apr 2021	8-K	Results	2.02, 9.01
15 Apr 2021	8-K	Other events	8.01, 9.01
8 Mar 2021	8-K	Other events	8.01, 9.01
3 Feb 2021	8-K	Results	2.02, 9.01
18 Nov 2020	8-K	Investor update	7.01
27 Oct 2020	8-K	Results	2.02, 9.01

1–50 of 150

8-K events each year

05101520

'04'08'12'16'20'24'26

Every filing

The company's filings with the SEC, newest first: 588 held. Insider, fund and large-holder filings have their own tables below.


20 Aug 2026	N-PX	30 Jun 2026
7 Aug 2026	10-Q	30 Jun 2026
6 Aug 2026	8-K	6 Aug 2026
30 Jun 2026	8-K	30 Jun 2026
24 Jun 2026	S-3ASR	–
23 Jun 2026	11-K	31 Dec 2025
28 May 2026	8-K	21 May 2026
14 May 2026	8-K	11 May 2026
7 May 2026	8-K	4 May 2026
6 May 2026	10-Q	31 Mar 2026
1 May 2026	EFFECT	–
29 Apr 2026	8-K	29 Apr 2026
28 Apr 2026	CORRESP	–
28 Apr 2026	UPLOAD	–
23 Apr 2026	S-3	–
19 Mar 2026	ARS	31 Dec 2025
19 Mar 2026	DEFA14A	–
19 Mar 2026	DEF 14A	4 May 2026
25 Feb 2026	10-K	31 Dec 2025
13 Feb 2026	S-8	–
4 Feb 2026	8-K	4 Feb 2026
5 Nov 2025	10-Q	30 Sep 2025
4 Nov 2025	8-K	4 Nov 2025
27 Aug 2025	8-K	27 Aug 2025
20 Aug 2025	N-PX	30 Jun 2025
5 Aug 2025	8-K	5 Aug 2025
5 Aug 2025	10-Q	30 Jun 2025
23 Jun 2025	11-K	31 Dec 2024
20 Jun 2025	8-K	20 Jun 2025
5 Jun 2025	8-K	29 May 2025
8 May 2025	8-K	5 May 2025
7 May 2025	10-Q	31 Mar 2025
30 Apr 2025	8-K	30 Apr 2025
25 Mar 2025	PX14A6G	–
20 Mar 2025	ARS	31 Dec 2024
20 Mar 2025	DEFA14A	–
20 Mar 2025	DEF 14A	5 May 2025
26 Feb 2025	10-K	31 Dec 2024
5 Feb 2025	8-K	5 Feb 2025
1 Nov 2024	10-Q	30 Sep 2024
30 Oct 2024	8-K	30 Oct 2024
6 Sep 2024	S-3ASR	–
29 Aug 2024	N-PX	30 Jun 2024
1 Aug 2024	10-Q	30 Jun 2024
31 Jul 2024	8-K	31 Jul 2024
21 Jun 2024	11-K	31 Dec 2023
10 May 2024	8-K	6 May 2024
2 May 2024	10-Q	31 Mar 2024
1 May 2024	8-K	1 May 2024
21 Mar 2024	8-K	19 Mar 2024

1–50 of 150

Insider trades

Form 4 trades by officers, directors and 10% owners, last 12 months, with the shares they held after.


15 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	88,114	$118.19	$10.4M	50,159,826	19 Oct 2026
15 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	19,122	$119.48	$2.3M	50,140,704	19 Oct 2026
15 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	6,375	$120.31	$767.0K	50,134,329	19 Oct 2026
14 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	6,305	$116.55	$734.8K	50,296,635	16 Oct 2026
14 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	19,046	$117.61	$2.2M	50,277,589	16 Oct 2026
14 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	29,649	$118.17	$3.5M	50,247,940	16 Oct 2026
13 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	41,660	$116.37	$4.8M	50,303,280	15 Oct 2026
13 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	340	$117.03	$39.8K	50,302,940	15 Oct 2026
12 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,468	$115.83	$1.3M	50,345,672	14 Oct 2026
12 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	732	$116.24	$85.1K	50,344,940	14 Oct 2026
9 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,960	$114.72	$1.4M	50,357,180	14 Oct 2026
9 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	40	$115.52	$4.6K	50,357,140	14 Oct 2026
8 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	3,257	$112.95	$367.9K	50,378,883	13 Oct 2026
8 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	950	$113.81	$108.1K	50,377,933	13 Oct 2026
8 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	8,393	$115.05	$965.6K	50,369,540	13 Oct 2026
8 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	400	$115.64	$46.3K	50,369,140	13 Oct 2026
7 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,960	$112.80	$1.3M	50,382,180	9 Oct 2026
7 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	40	$113.58	$4.5K	50,382,140	9 Oct 2026
6 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	4,168	$113.23	$471.9K	50,403,022	8 Oct 2026
6 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	8,882	$113.61	$1.0M	50,394,140	8 Oct 2026
5 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	13,000	$112.25	$1.5M	50,407,190	7 Oct 2026
2 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	5,671	$110.93	$629.1K	50,427,719	6 Oct 2026
2 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	7,529	$111.57	$840.0K	50,420,190	6 Oct 2026
1 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,800	$111.18	$1.3M	50,433,490	5 Oct 2026
1 Oct 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	100	$111.74	$11.2K	50,433,390	5 Oct 2026
29 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	6,378	$113.10	$721.4K	50,451,012	1 Oct 2026
29 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	5,722	$113.64	$650.2K	50,445,290	1 Oct 2026
28 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,840	$113.62	$1.3M	50,457,550	30 Sep 2026
28 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	160	$114.25	$18.3K	50,457,390	30 Sep 2026
25 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,740	$113.54	$1.3M	50,469,750	29 Sep 2026
25 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	360	$114.19	$41.1K	50,469,390	29 Sep 2026
24 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	7,207	$114.21	$823.1K	50,486,383	28 Sep 2026
24 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	4,893	$115.28	$564.1K	50,481,490	28 Sep 2026
23 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	3,542	$114.93	$407.1K	50,503,548	25 Sep 2026
23 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	9,958	$115.30	$1.1M	50,493,590	25 Sep 2026
22 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	12,200	$114.55	$1.4M	50,507,090	24 Sep 2026
21 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	10,373	$115.36	$1.2M	50,521,117	23 Sep 2026
21 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	1,827	$116.22	$212.3K	50,519,290	23 Sep 2026
18 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,840	$116.19	$1.4M	50,532,450	22 Sep 2026
18 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	960	$116.59	$111.9K	50,531,490	22 Sep 2026
17 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	11,745	$116.54	$1.4M	50,545,445	21 Sep 2026
17 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	1,155	$116.97	$135.1K	50,544,290	21 Sep 2026
16 Sep 2026	Koide MasatoshiPres. and Rep. Director, ALIJ	Sale outside a trading plan	3,201	$117.93	$377.5K	86,422	18 Sep 2026
16 Sep 2026	Koide MasatoshiPres. and Rep. Director, ALIJ	Sale outside a trading plan	10,000	$118.04	$1.2M	76,422	18 Sep 2026
16 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	2,986	$116.89	$349.0K	50,568,004	18 Sep 2026
16 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	10,814	$117.66	$1.3M	50,557,190	18 Sep 2026
15 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	4,019	$116.84	$469.6K	50,580,571	17 Sep 2026
15 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	9,581	$117.55	$1.1M	50,570,990	17 Sep 2026
14 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	9,545	$116.62	$1.1M	50,588,645	16 Sep 2026
14 Sep 2026	Japan Post Holdings Co., Ltd.10% owner	Sale under a trading plan	4,055	$117.02	$474.5K	50,584,590	16 Sep 2026

1–50 of 150

Planned insider sales

Form 144 notices, filed when the sell order goes to the broker.


16 Sep 2026	Koide MasatoshiOfficer	13,201	$1.6M	16 Sep 2026
11 Aug 2026	JAMES TODD DANIELSOfficer	15,000	$1.8M	10 Aug 2026
10 Aug 2026	MOSKOWITZ JOSEPH LDirector	600	$74.5K	10 Aug 2026
22 Jun 2026	MOSKOWITZ JOSEPH LDirector	12,370	$1.4M	22 Jun 2026
22 May 2026	BEAVER STEVEN KENTOfficer	5,508	$648.9K	22 May 2026
15 May 2026	KENNY THOMAS JDirector	1,740	$202.8K	15 May 2026
14 May 2026	ARTHUR REGINALD COLLINSBoard Member	2,300	$268.1K	14 May 2026
8 May 2026	MOSKOWITZ JOSEPH LDirector	600	$68.2K	8 May 2026
6 May 2026	Hosoda MiwakoDirector	243	$27.8K	6 May 2026
5 May 2026	LAKE CHARLES D IIOfficer	6,500	$737.3K	5 May 2026
25 Mar 2026	LAKE CHARLES D IIOfficer	5,000	$536.4K	25 Mar 2026
11 Mar 2026	Koide MasatoshiOfficer	15,431	$1.7M	11 Mar 2026
11 Mar 2026	LAKE CHARLES D IIOfficer	15,590	$1.7M	11 Mar 2026
9 Mar 2026	MOSKOWITZ JOSEPH LDirector	600	$66.1K	9 Mar 2026
3 Mar 2026	JAMES TODD DANIELSOFFICER	30,652	$3.4M	3 Mar 2026
20 Feb 2026	BEAVER STEVEN KENTOfficer	7,387	$839.0K	20 Feb 2026
6 Feb 2026	Broden MaxOfficer	13,000	$1.5M	6 Feb 2026
12 Dec 2025	BEAVER STEVEN KENTOfficer	5,492	$601.1K	12 Dec 2025
5 Dec 2025	BEAVER STEVEN KENTOfficer	3,452	$377.2K	5 Dec 2025
18 Nov 2025	TILLMAN AUDREY BOfficer	15,862	$1.8M	18 Nov 2025
17 Nov 2025	MOSKOWITZ JOSEPH LDirector	786	$89.4K	17 Nov 2025
14 Nov 2025	TILLMAN AUDREY BOfficer	3,452	$397.3K	14 Nov 2025
7 Nov 2025	MOSKOWITZ JOSEPH LDirector	1,000	$114.0K	7 Nov 2025
6 Nov 2025	Simard Frederic Jean GuyOfficer	1,722	$193.7K	6 Nov 2025

Large holders

Schedule 13D and 13G filings by holders of more than 5% of the voting shares.


14 Aug 2026	Japan Post Holdings Co., Ltd.	13G amended	10.15%	50.9M
13 May 2026	Japan Post Holdings Co., Ltd.	13G amended	10.14%	51.6M
29 Apr 2026	Vanguard Capital Management	13G	6.8%	35.1M
26 Mar 2026	The Vanguard Group	13G amended	0%	0
5 Mar 2026	Japan Post Holdings Co., Ltd.	13G amended	10.12%	52.3M
7 Jan 2026	The Vanguard Group	13G amended	10.9%	57.1M

Trades by members of the House

From each member's periodic transaction report: the amount is the band the report gives.


10 Mar 2025	Carol Devine MillerWV01	Purchase	$1,001 - $15,000	Self	11 Apr 2025
9 Apr 2021	Sara JacobsCA53	Sale	$50,001 - $100,000	Self	28 May 2021

Short interest

Shares sold short and not yet bought back, on every FINRA settlement date.

Shares short, each settlement


30 Sep 2026	11.6M	+0.5%	5.17
15 Sep 2026	11.6M	+5.23%	5.6
31 Aug 2026	11.0M	+0.17%	5.08
14 Aug 2026	11.0M	-10.92%	5.26
31 Jul 2026	12.3M	-1.21%	6.05
15 Jul 2026	12.5M	-0.7%	7.4
30 Jun 2026	12.6M	+18.29%	3.87
15 Jun 2026	10.6M	+17.13%	4.07
29 May 2026	9.1M	+4.91%	3.17
15 May 2026	8.7M	+5.12%	4.22

1–10 of 211

Funds that hold it

Every fund's holding from its latest Form 13F, largest first, with what it added or trimmed in the quarter.

Funds holding

1,800

quarter to 30 Jun 2026

Added or new

653

since 31 Mar 2026

Trimmed

563

in the quarter

Largest holder

Japan Post Holdings Co., Ltd.

$6.0B

The 60 largest of 1,800 funds, by value


Japan Post Holdings Co., Ltd.	$6.0B	50.9M	-1.1M	Trimmed	100.00%	Filing ↗
BlackRock, Inc.	$4.1B	34.9M	-1.3M	Trimmed	0.06%	Filing ↗
Vanguard Capital Management LLC	$3.5B	29.9M	-351.5K	Trimmed	0.07%	Filing ↗
Vanguard Portfolio Management LLC	$2.9B	24.4M	+6.1M	Added	0.13%	Filing ↗
State Street Corp.	$2.8B	23.5M	-86.8K	Trimmed	0.08%	Filing ↗
Geode Capital Management, LLC	$1.2B	10.6M	-117.0K	Trimmed	0.07%	Filing ↗
Wells Fargo & Company	$1.0B	8.6M	-1.9M	Trimmed	0.18%	Filing ↗
Morgan Stanley	$942.8M	8.0M	+139.3K	Added	0.05%	Filing ↗
Northern Trust Corp.	$736.7M	6.3M	-268.0K	Trimmed	0.09%	Filing ↗
Goldman Sachs Group Inc.	$624.3M	5.3M	+1.2M	Added	0.07%	Filing ↗
UBS AM, a distinct business unit of UBS Asset Management Americas LLC	$609.8M	5.2M	+1.1M	Added	0.11%	Filing ↗
Dimensional Fund Advisors LP	$537.9M	4.6M	+36.1K	Added	0.10%	Filing ↗
Invesco Ltd.	$471.0M	4.0M	-332.5K	Trimmed	0.04%	Filing ↗
Legal & General Group Plc	$404.6M	3.5M	-359.9K	Trimmed	0.08%	Filing ↗
Charles Schwab Investment Management Inc.	$368.9M	3.1M	-3.1K	Held	0.05%	Filing ↗
Amundi	$330.8M	2.8M	-446.7K	Trimmed	0.08%	Filing ↗
JPMorgan Chase & Co.	$325.0M	2.7M	+23.4K	Added	0.02%	Filing ↗
Norges Bank	$323.5M	2.8M	–	Held	0.03%	Filing ↗
First Trust Advisors LP	$309.3M	2.6M	-546.7K	Trimmed	0.18%	Filing ↗
Vanguard Fiduciary Trust Co.	$301.5M	2.6M	-54.6K	Trimmed	0.07%	Filing ↗
Bank of New York Mellon Corp	$298.4M	2.5M	-131.7K	Trimmed	0.05%	Filing ↗
Bank of America Corp.	$244.5M	2.1M	-245.3K	Trimmed	0.02%	Filing ↗
Guinness Asset Management LTD	$238.8M	2.0M	-115.2K	Trimmed	4.04%	Filing ↗
Deutsche Bank AG	$222.4M	1.9M	-223.4K	Trimmed	0.07%	Filing ↗
Qube Research & Technologies Ltd	$200.4M	1.7M	+699.4K	Added	0.22%	Filing ↗
Caisse de depot et placement du Quebec	$183.0M	1.6M	+420.1K	Added	0.26%	Filing ↗
UBS Group AG	$179.2M	1.5M	-1.2M	Trimmed	0.03%	Filing ↗
ProShare Advisors LLC	$174.3M	1.5M	-130.9K	Trimmed	0.25%	Filing ↗
Raymond James Financial Inc.	$170.7M	1.5M	+1.6K	Added	0.05%	Filing ↗
FMR LLC	$168.6M	1.4M	+1.2K	Held	0.01%	Filing ↗
Two Sigma Investments, LP	$157.2M	1.3M	+862.2K	Added	0.12%	Filing ↗
Swiss National Bank	$153.3M	1.3M	-153.5K	Trimmed	0.08%	Filing ↗
Pinnacle Financial Partners, Inc.	$148.5M	1.3M	+116.3K	Added	1.01%	Filing ↗
Arrowstreet Capital, Limited Partnership	$147.3M	1.3M	+409.8K	Added	0.07%	Filing ↗
Mitsubishi UFJ Asset Management Co., Ltd.	$145.7M	1.2M	+109.9K	Added	0.08%	Filing ↗
Sumitomo Mitsui Trust Group, Inc.	$132.2M	1.1M	-79.7K	Trimmed	0.08%	Filing ↗
Robeco Institutional Asset Management B.V.	$126.4M	1.1M	-291.0K	Trimmed	0.15%	Filing ↗
Vanguard Asset Management, Ltd	$119.0M	1.0M	+56.9K	Added	0.08%	Filing ↗
Vanguard Global Advisers, LLC	$119.0M	1.0M	-29.2K	Trimmed	0.06%	Filing ↗
HSBC Holdings PLC	$117.5M	1.0M	+36.4K	Added	0.06%	Filing ↗
Nuveen, LLC	$116.2M	991.2K	-108.0K	Trimmed	0.03%	Filing ↗
Royal Bank of Canada	$114.0M	972.7K	-53.1K	Trimmed	0.02%	Filing ↗
Rhumbline Advisers	$107.1M	913.5K	-21.0K	Trimmed	0.08%	Filing ↗
LPL Financial LLC	$106.2M	906.0K	+25.0K	Added	0.02%	Filing ↗
Barclays PLC	$105.1M	896.3K	-392.8K	Trimmed	0.03%	Filing ↗
HighTower Advisors, LLC	$103.7M	884.7K	+42.7K	Added	0.10%	Filing ↗
Assenagon Asset Management S.A.	$103.7M	884.2K	–	Held	0.07%	Filing ↗
Canada Pension Plan Investment Board	$97.4M	830.3K	+746.8K	Added	0.05%	Filing ↗
California Public Employees Retirement System	$96.9M	826.4K	-172.6K	Trimmed	0.06%	Filing ↗
Assetmark, Inc.	$95.8M	816.7K	+15.1K	Added	0.17%	Filing ↗

1–50 of 60

Executive pay and performance

What the chief executive and the other named officers were paid, as reported and as actually paid, next to the shareholder return and net income, from each proxy's pay-versus-performance table.

Pay versus performance

6 fiscal years · from each proxy (DEF 14A)

Fiscal year	CEO pay, as reported	CEO pay, actually paid	Other officers, as reported (average)	Other officers, actually paid (average)	Shareholder return, $100	Peer return, $100	Net income	Proxy
FY ending 31 Dec 2025	$25.0M	$39.0M	$6.8M	$9.6M	$279	$201	$3.65B	DEF 14A 19 Mar 2026
FY ending 31 Dec 2024	$19.3M	$36.6M	$4.9M	$7.7M	$256	$190	$5.44B	DEF 14A 19 Mar 2026
FY ending 31 Dec 2023	$20.7M	$40.4M	$6.2M	$8.5M	$200	$158	$4.66B	DEF 14A 19 Mar 2026
FY ending 31 Dec 2022	$15.8M	$32.8M	$5.2M	$8.8M	$170	$151	$4.42B	DEF 14A 19 Mar 2026
FY ending 31 Dec 2021	$15.7M	$27.8M	$4.8M	$7.2M	$135	$137	$4.23B	DEF 14A 19 Mar 2026
FY ending 31 Dec 2020	$22.6M	$13.5M	$4.2M	$2.8M	$86	$91	$4.78B	DEF 14A 20 Mar 2025

Each year from the newest proxy that reports it. Pay actually paid follows the SEC's definition and can be below zero when share awards fall in value. ⁿ the proxy's net income differs from the 10-K or was tagged without its scale: hover for which.

Shareholder votes

The vote count on every proposal at each meeting, from the company's 8-K.

Meeting

8-K, item 5.07, filed 7 May 2026

Proposal	For	Against or withheld	Abstain	Broker non-votes	For, % of for and against	Result
(1) Election of 11 members to the board of directors;
Daniel P. Amos	1,097,838,620	30,887,525	2,983,355	73,795,282	97.3%	–
W. Paul Bowers	1,108,940,802	20,660,076	2,108,622	73,795,282	98.2%	–
Arthur R. Collins	1,118,675,114	10,954,778	2,079,608	73,795,282	99.0%	–
Miwako Hosoda	1,124,536,345	5,452,281	1,720,874	73,795,282	99.5%	–
Michael A. Forrester	1,124,829,994	5,065,442	1,814,064	73,795,282	99.6%	–
Thomas J. Kenny	1,122,122,075	7,815,712	1,771,713	73,795,282	99.3%	–
Georgette D. Kiser	1,120,928,036	8,836,841	1,944,623	73,795,282	99.2%	–
Karole F. Lloyd	1,121,626,778	8,244,562	1,838,160	73,795,282	99.3%	–
Nobuchika Mori	1,119,445,277	10,399,438	1,864,785	73,795,282	99.1%	–
Joseph L. Moskowitz	1,106,025,013	23,884,831	1,799,656	73,795,282	97.9%	–
Katherine T. Rohrer	1,085,917,275	41,854,640	3,937,585	73,795,282	96.3%	–
(2) Non-binding advisory proposal on executive compensation	1,082,304,402	43,858,310	5,546,788	73,795,282	96.1%	–
(3) Ratification of appointment of KPMG LLP as independent registered public accounting firm of the Company for the year ending December 31, 2026	1,166,216,707	37,699,881	1,588,194	0	96.9%	–
(4) Shareholder proposal regarding an independent board chairman	136,304,171	982,422,907	12,982,422	73,795,282	12.2%	–

Counts as the company reports them in its 8-K. A result shows when the filing states one. Meetings since 2023.

Dividends and buybacks

Dividend per share, the cash paid and the shares bought back, each fiscal year.

Dividend per share, each fiscal year

$0$1$2$3

'07'10'13'16'19'22'25


FY2025	$2.35	$1.2B	$3.5B
FY2024	$2.08	$1.1B	$2.8B
FY2023	$1.76	$966.0M	$2.8B
FY2022	$1.62	$979.0M	$2.4B
FY2021	$1.32	$855.0M	$2.3B
FY2020	$1.12	$769.0M	$1.5B
FY2019	$1.08	$771.0M	$1.6B
FY2018	–	$793.0M	$1.3B
FY2017	–	$661.0M	$1.4B
FY2016	–	$658.0M	$1.4B

1–10 of 19

Peers

Companies in the same industry, largest first, on the same measures.

Company	Market value	Revenue, 12 months	Revenue growth	Operating margin	Net margin	ROE	P/E	EV/EBITDA
Aflac Inc.this company	$60.5B	$18.1B	13.6%	32.0%	26.9%	16.0%	13.0×	–
Principal Financial Group Inc.	$23.3B	$15.7B	3.7%	11.9%	9.9%	12.8%	15.5×	–
Unum Group	$14.3B	$13.3B	3.4%	6.8%	5.3%	6.5%	21.0×	17.0×
CNO Financial Group, Inc.	$5.0B	$4.6B	6.0%	13.3%	6.0%	10.8%	18.4×	5.3×

What the company does

Aflac sells supplemental health and life insurance in Japan and the United States. Supplemental means it sits on top of whatever primary cover the customer already has, and pays cash directly to the policyholder for the out-of-pocket costs a medical event leaves behind. The parent company was incorporated in Georgia in 1973 and the group is licensed in all 50 states, the District of Columbia, several US territories and Japan.

Two segments, and Japan is the larger

Aflac Japan and Aflac U.S.. The filing describes Aflac Japan as the principal contributor to consolidated earnings and as the largest insurer in Japan in cancer and medical policies in force. A Corporate and other category holds the parent company, reinsurance activity including the group's own reinsurer, and intercompany eliminations.

From the 10-K for the year to 31 Dec 2025, filed 25 Feb 2026 · the filing ↗

Aflac Inc.NYSE · S&P 500

Financial statements

Charts

Ratios

What the company said with its results

Revenue by segment

Company events

Every filing

Insider trades

Planned insider sales

Large holders

Trades by members of the House

Short interest

Funds that hold it

Executive pay and performance

Shareholder votes

Dividends and buybacks

Peers

What the company does

Two segments, and Japan is the larger