Financial Services - Insurance - Life - NYSE - US
$ 111.32
1.5 %
$ 61.8 B
Market Cap
16.66
P/E
INCOME STATEMENT
18.7 B
REVENUE
15.5 B
OPERATING INCOME
4.66 B
NET INCOME
EFFICIENCY
Earnings Waterfall
Aflac Incorporated
| Revenue | 18.7 B |
| Cost Of Revenue | 0 |
| Gross Profit | 18.7 B |
| Operating Expenses | 3.16 B |
| Operating Income | 15.5 B |
| Other Expenses | 10.9 B |
| Net Income | 4.66 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | Dec-1990 | Dec-1989 | Dec-1988 | Dec-1987 | Dec-1986 | Dec-1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||||||||||||||||||
| Revenue | 18 701.0 | 19 140.0 | 22 106.0 | 22 147.0 | 22 307.0 | 21 758.0 | 21 667.0 | 22 559.0 | 20 872.0 | 22 728.0 | 23 939.0 | 25 364.0 | 22 171.0 | 20 732.0 | 18 254.0 | 16 554.0 | 15 393.0 | 14 616.0 | 14 363.0 | 13 281.0 | 11 447.0 | 10 257.0 | 9 598.0 | 9 720.0 | 8 640.0 | 7 104.0 | 7 250.7 | 7 100.2 | 7 190.6 | 6 110.8 | 5 001.0 | 3 986.5 | 3 282.7 | 2 678.4 | 2 438.2 | 2 324.6 | 1 876.1 | 1 401.5 | 954.8 |
| GROSS PROFIT | |||||||||||||||||||||||||||||||||||||||
| Cost Of Revenue | 0 | 275.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65.0 | 61.0 | 0 | 0 | 99.0 | 100.0 | 48.0 | 56.0 | 47.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 18 701.0 | 18 865.0 | 22 106.0 | 22 147.0 | 22 307.0 | 21 758.0 | 21 667.0 | 22 559.0 | 20 872.0 | 22 728.0 | 23 939.0 | 25 364.0 | 22 171.0 | 20 732.0 | 18 189.0 | 16 493.0 | 15 393.0 | 14 616.0 | 14 264.0 | 13 181.0 | 11 399.0 | 10 201.0 | 9 551.0 | 9 720.0 | 8 640.0 | 7 104.0 | 7 250.7 | 7 100.2 | 7 190.6 | 6 110.8 | 5 001.0 | 3 986.5 | 3 282.7 | 2 678.4 | 2 438.2 | 2 324.6 | 1 876.1 | 1 401.5 | 954.8 |
| OPERATING INCOME | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses | 3 165.0 | (14 045.0) | (16 784.0) | (17 988.0) | (17 862.0) | (17 553.0) | (17 409.0) | (18 224.0) | (16 721.0) | (17 920.0) | (18 830.0) | (20 801.0) | (18 983.0) | (16 998.0) | 138.0 | 87.0 | (12 867.0) | (12 333.0) | 3 247.0 | 2 992.0 | 67.0 | 72.0 | 63.0 | (8 689.0) | (7 844.0) | (6 540.0) | (6 372.2) | (6 434.0) | (6 574.0) | (5 592.9) | (4 559.0) | (3 656.0) | (3 003.9) | (2 446.8) | (2 240.9) | (2 114.9) | (1 707.6) | (1 265.0) | (856.1) |
| Selling, General and Administrative Expenses | 3 165.0 | 3 250.0 | 3 544.0 | 3 420.0 | 3 089.0 | 2 988.0 | 2 780.0 | 2 796.0 | 2 606.0 | 2 261.0 | 2 222.0 | 2 415.0 | 3 950.0 | 3 699.0 | 1 568.0 | 1 460.0 | 2 822.0 | 2 640.0 | 2 583.0 | 2 350.0 | 2 128.0 | 1 879.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 15 536.0 | 5 095.0 | 5 322.0 | 4 159.0 | 4 445.0 | 4 205.0 | 4 258.0 | 4 335.0 | 4 151.0 | 4 808.0 | 5 109.0 | 4 563.0 | 3 188.0 | 3 734.0 | 2 307.0 | 1 943.0 | 2 526.0 | 2 283.0 | 2 249.0 | 1 830.0 | 1 247.0 | 1 279.0 | 1 100.0 | 1 031.0 | 796.0 | 564.0 | 878.5 | 666.2 | 616.6 | 517.8 | 442.0 | 330.5 | 278.8 | 231.6 | 197.3 | 209.7 | 168.5 | 136.5 | 98.7 |
| PRE-TAX INCOME | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense | 195.0 | 226.0 | 238.0 | 242.0 | 228.0 | 222.0 | 240.0 | 268.0 | 289.0 | 317.0 | 293.0 | 261.0 | 196.0 | 149.0 | 72.0 | 29.0 | 27.0 | 19.0 | 23.0 | 23.0 | 22.0 | 20.0 | 19.0 | 19.0 | 18.0 | 13.0 | 13.7 | 16.2 | 15.6 | 13.5 | 2.0 | 5.9 | 14.1 | 15.2 | 19.3 | 10.6 | 5.3 | 5.5 | 4.2 |
| Total Other Income | (10 274.0) | (11 022.0) | (12 691.0) | 4 174.0 | (228.0) | (14 787.0) | (14 869.0) | (15 696.0) | (14 450.0) | (15 858.0) | (16 581.0) | (160.0) | (154.0) | (149.0) | (1 416.0) | (782.0) | (50.0) | (20.0) | (8 791.0) | (15.0) | (49.0) | (458.0) | (413.0) | 1 012.0 | 778.0 | 551.0 | 304.8 | 166.2 | 95.1 | 504.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Income | 5 262.0 | 4 869.0 | 5 322.0 | 4 159.0 | 4 445.0 | 3 983.0 | 4 018.0 | 4 067.0 | 3 862.0 | 4 491.0 | 4 816.0 | 4 302.0 | 2 992.0 | 3 585.0 | 2 235.0 | 1 914.0 | 2 499.0 | 2 264.0 | 2 226.0 | 1 807.0 | 1 225.0 | 1 259.0 | 1 081.0 | 1 012.0 | 778.0 | 551.0 | 864.8 | 650.0 | 601.0 | 504.3 | 1 218.0 | 947.8 | 796.2 | 650.9 | 602.3 | 0 | 0 | 0 | 0 |
| NET INCOME | |||||||||||||||||||||||||||||||||||||||
| Tax Provision | 603.0 | 451.0 | 997.0 | (619.0) | 1 141.0 | 1 063.0 | (586.0) | 1 408.0 | 1 329.0 | 1 540.0 | 1 658.0 | 1 436.0 | 1 028.0 | 1 241.0 | 738.0 | 660.0 | 865.0 | 781.0 | 743.0 | 508.0 | 430.0 | 438.0 | 394.0 | 325.0 | 207.0 | 64.0 | 279.8 | 255.6 | 251.9 | 211.5 | 185.0 | 141.2 | 116.0 | 99.2 | 97.2 | 90.2 | 69.9 | 52.8 | 40.3 |
| Net Income | 4 659.0 | 4 418.0 | 4 231.0 | 4 778.0 | 3 304.0 | 2 920.0 | 4 371.0 | 2 659.0 | 2 533.0 | 2 951.0 | 3 158.0 | 2 866.0 | 1 964.0 | 2 344.0 | 1 497.0 | 1 254.0 | 1 634.0 | 1 483.0 | 1 483.0 | 1 299.0 | 795.0 | 821.0 | 687.0 | 687.0 | 571.0 | 487.0 | 585.0 | 394.4 | 349.1 | 292.8 | 255.0 | 183.4 | 148.7 | 117.2 | 80.8 | 108.9 | 93.3 | 78.2 | 54.2 |
| EPS | 7.81 | 6.96 | 6.42 | 6.69 | 4.45 | 3.79 | 5.52 | 3.23 | 2.94 | 3.27 | 3.4 | 3.07 | 2.08 | 2.48 | 1.61 | 1.33 | 1.68 | 1.5 | 1.48 | 1.25 | 0.75 | 0.8 | 0.66 | 0.65 | 0.54 | 0.46 | 0.54 | 0.36 | 0.3 | 0.24 | 0.21 | 0.15 | 0.13 | 0.1 | 0.07 | 0.09 | 0.08 | 0.065 | 0.045 |