Aflac Incorporated AFL

113.72 (0.29) (0.25%) as of 25 Sep
Market cap
$57.2B
P/E
12.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Aflac Incorporated (AFL) Operating margin

Aflac Incorporated's operating margin over the twelve months to 30 June 2026 was 33.4%, up 5.7 percentage points from fiscal 2025 (27.7%). Over the past ten years it has ranged from 19.2% (fiscal 2016) to 34.9% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Insurance Life industry median of 11.3% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 27.7% (7.25)
FY2024 34.9% 5.76
FY2023 29.2% 2.56
FY2022 26.6% 1.35
FY2021 25.3% 5.40
FY2020 19.9% (1.08)
FY2019 21.0% 1.62
FY2018 19.3% (0.32)
FY2017 19.7% 0.43
FY2016 19.2% (0.67)

Quarterly

Period Operating margin Change (points)
Jun 2026 25.7% (3.85)
Mar 2026 29.6% (3.99)
Dec 2025 33.6% (9.71)
Sep 2025 43.3% 22.26
42 more quarters

Against its own ten years

Low 19.2% High 34.9%
Ten-year median 21.0%
Current reading's percentile 82

Operating margin against peers

Company Operating margin
AFL Aflac Incorporated 33.4%
PRI Primerica, Inc. compare 30.6%
GL Globe Life Inc. compare 26.4%
LNC Lincoln National Corporation compare 16.4%
UNM Unum Group compare 8.36%
PRU Prudential Financial, Inc. compare 7.58%
MET MetLife, Inc. compare 6.13%
JXN Jackson Financial Inc. compare 1.25%
PUK Prudential Public Limited Company compare 0.00%
Insurance Life industry median 11.3%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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