Aflac Incorporated
Aflac Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $17.2 billion, down 9.31% from fiscal 2024. In the quarter to June 2026, revenue fell 1.03%, EPS grew 46.4%, free cash flow fell 71.9% and total debt fell 2.28%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.
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Aflac Incorporated (AFL) Shares outstanding
Aflac Incorporated's shares outstanding at the end of fiscal 2025 was $534.9M, down 5.33% from $565.0M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $505.6M. Over the past ten years it has ranged from $534.9M (fiscal 2025) to $866.3M (fiscal 2015) — the current reading is the lowest in ten years. Aflac Incorporated ranks 2nd of 16 Insurance Life companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $534.9M | (5.33%) |
| FY2024 | $565.0M | (5.63%) |
| FY2023 | $598.7M | (6.10%) |
| FY2022 | $637.7M | (5.77%) |
| FY2021 | $676.7M | (5.51%) |
| FY2020 | $716.2M | (4.05%) |
| FY2019 | $746.4M | (3.64%) |
| FY2018 | $774.7M | (2.91%) |
| FY2017 | $797.9M | (3.62%) |
| FY2016 | $827.8M | (4.44%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $505.6M | (1.79%) |
| Mar 2026 | $514.8M | (3.76%) |
| Dec 2025 | $534.9M | 0.54% |
| Sep 2025 | $532.0M | (1.19%) |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| MET MetLife, Inc. compare | $646.9M |
| AFL Aflac Incorporated | $505.6M |
| PRU Prudential Financial, Inc. compare | $348.1M |
| LNC Lincoln National Corporation compare | $196.4M |
| UNM Unum Group compare | $160.0M |
| GL Globe Life Inc. compare | $78.9M |
| JXN Jackson Financial Inc. compare | $70.3M |
| PRI Primerica, Inc. compare | $31.2M |
| PUK Prudential Public Limited Company compare | — |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
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- Free cash flow
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- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
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