Aflac Incorporated is a Fortune 500 company, helping provide protection to more than 50 million people through its subsidiaries in Japan and the U.S., where it is a leading supplemental insurer by paying cash fast when policyholders get sick or injured. For more than six decades, insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress. Aflac Life Insurance Japan is the leading provider of medical and cancer insurance in Japan, where it insures 1 in 4 households. Fortune magazine recognized Aflac as one of the 100 Best Companies to Work for in America for 20 consecutive years. For 14 consecutive years, Aflac has been recognized by Ethisphere as one of the World's Most Ethical Companies. In 2020, Fortune included Aflac Incorporated on its list of World's Most Admired Companies for the 19th time, and Bloomberg added Aflac Incorporated to its Gender-Equality Index, which tracks the financial performance of public companies committed to supporting gender equality through policy development, representation and transparency.
Company profile
Ticker
AFL
Exchange
Website
CEO
Daniel Amos
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
American Family Life Assurance Company • Aflac Asset Management LLC • Aflac International, Inc. • Aflac Information Technology, Inc. • Simple Technology • Aflac Global Ventures LLC • Aflac Benefits Advisors, Inc. • Communicorp, Inc. • Continental American Insurance Company • Continental American Group ...
IRS number
581167100
AFL stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
16 Mar 23
DEFA14A
Additional proxy soliciting materials
16 Mar 23
DEF 14A
Definitive proxy
16 Mar 23
8-K
Regulation FD Disclosure
27 Feb 23
10-K
2022 FY
Annual report
23 Feb 23
8-K
Departure of Directors or Certain Officers
10 Feb 23
8-K
Results of Operations and Financial Condition
1 Feb 23
10-Q
2022 Q3
Quarterly report
1 Nov 22
8-K
Declares Fourth Quarter Cash Dividend
31 Oct 22
8-K
Departure of Directors or Certain Officers
25 Oct 22
Transcripts
AFL
Earnings call transcript
2022 Q4
2 Feb 23
AFL
Earnings call transcript
2022 Q3
1 Nov 22
AFL
Earnings call transcript
2022 Q2
2 Aug 22
AFL
Earnings call transcript
2022 Q1
28 Apr 22
AFL
Earnings call transcript
2021 Q4
3 Feb 22
AFL
Earnings call transcript
2021 Q3
28 Oct 21
AFL
Earnings call transcript
2021 Q2
29 Jul 21
AFL
Earnings call transcript
2021 Q1
29 Apr 21
AFL
Earnings call transcript
2020 Q4
4 Feb 21
AFL
Earnings call transcript
2020 Q3
28 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 3.94 bn | 3.94 bn | 3.94 bn | 3.94 bn | 3.94 bn | 3.94 bn |
| Cash burn (monthly) | 255.67 mm | 92.33 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 748.05 mm | 270.16 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 3.19 bn | 3.67 bn | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 12.5 | 39.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
67.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1260 |
| Opened positions | 198 |
| Closed positions | 89 |
| Increased positions | 383 |
| Reduced positions | 448 |
| 13F shares | Current |
|---|---|
| Total value | 29.49 tn |
| Total shares | 409.98 mm |
| Total puts | 3.73 mm |
| Total calls | 4.45 mm |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 54.92 mm | $3.95 tn |
| JPPHY Japan Post | 52.30 mm | $3.76 tn |
| BLK Blackrock | 42.21 mm | $3.04 tn |
| STT State Street | 29.63 mm | $2.13 tn |
| WFC Wells Fargo & Co. | 16.34 mm | $1.18 tn |
| Geode Capital Management | 11.78 mm | $848.00 bn |
| MS Morgan Stanley | 8.81 mm | $634.00 bn |
| NTRS Northern Trust | 7.41 mm | $532.87 bn |
| LSV Asset Management | 5.64 mm | $405.59 bn |
| Alliancebernstein | 5.60 mm | $402.64 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 13 Feb 23 | James Todd Daniels | Common Stock | Payment of exercise | Dispose F | No | No | 71.01 | 8,570 | 608.56 k | 63,510 |
| 13 Feb 23 | James Todd Daniels | Common Stock | Grant | Acquire A | No | No | 0 | 24,277 | 0.00 | 72,080 |
| 13 Feb 23 | Broden Max | Common Stock | Payment of exercise | Dispose F | No | No | 71.01 | 12,232 | 868.59 k | 73,903 |
| 13 Feb 23 | Broden Max | Common Stock | Grant | Acquire A | No | No | 0 | 31,721 | 0.00 | 86,135 |
| 13 Feb 23 | Virgil Raynard Miller | Common Stock | Payment of exercise | Dispose F | No | No | 71.01 | 985 | 69.94 k | 5,421 |
| 13 Feb 23 | Beaver Steven Kent | Common Stock | Payment of exercise | Dispose F | No | No | 71.01 | 3,973 | 282.12 k | 20,750 |
| 13 Feb 23 | Beaver Steven Kent | Common Stock | Grant | Acquire A | No | No | 0 | 12,948 | 0.00 | 24,723 |
| 13 Feb 23 | Albert Riggieri | Common Stock | Payment of exercise | Dispose F | No | No | 71.01 | 6,395 | 454.11 k | 33,859 |
| 13 Feb 23 | Albert Riggieri | Common Stock | Grant | Acquire A | No | No | 0 | 18,702 | 0.00 | 40,254 |
News
Press releases
Aflac Foundation donates $1.5 million to help support emotional needs of patients and families at Aflac Cancer and Blood Disorders Center of Children's Healthcare of Atlanta
22 Mar 23
Aflac Incorporated Releases 2022 Business and Sustainability Report
16 Mar 23
For 17th time, Aflac named a World's Most Ethical Company by Ethisphere
13 Mar 23
Aflac enhances Individual Hospital Insurance to include mental health coverage
8 Mar 23
Aflac Incorporated Publishes Second-Year Sustainability Bond Report
6 Mar 23