Aflac Past Earnings Performance
Past criteria checks 2/6
Aflac has been growing earnings at an average annual rate of 6.2%, while the Insurance industry saw earnings growing at 7.1% annually. Revenues have been declining at an average rate of 4.5% per year. Aflac's return on equity is 15.3%, and it has net margins of 22%.
Key information
6.2%
Earnings growth rate
11.5%
EPS growth rate
| Insurance Industry Growth | 5.9% |
| Revenue growth rate | -4.5% |
| Return on equity | 15.3% |
| Net Margin | 22.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Aflac makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 17,302 | 3,809 | 3,054 | 0 |
| 30 Jun 24 | 19,304 | 5,471 | 3,091 | 0 |
| 31 Mar 24 | 19,337 | 5,350 | 3,129 | 0 |
| 31 Dec 23 | 18,701 | 4,659 | 3,165 | 0 |
| 30 Sep 23 | 18,871 | 4,587 | 3,126 | 0 |
| 30 Jun 23 | 18,624 | 4,799 | 3,121 | 0 |
| 31 Mar 23 | 18,767 | 4,559 | 3,191 | 0 |
| 31 Dec 22 | 19,140 | 4,418 | 3,249 | 0 |
| 30 Sep 22 | 20,628 | 5,261 | 3,375 | 0 |
| 30 Jun 22 | 21,161 | 4,368 | 3,465 | 0 |
| 31 Mar 22 | 21,410 | 4,079 | 3,545 | 0 |
| 31 Dec 21 | 21,554 | 4,231 | 3,541 | 0 |
| 30 Sep 21 | 22,583 | 4,238 | 3,620 | 0 |
| 30 Jun 21 | 23,011 | 5,806 | 3,596 | 0 |
| 31 Mar 21 | 22,854 | 5,505 | 3,473 | 0 |
| 31 Dec 20 | 22,147 | 4,778 | 3,420 | 0 |
| 30 Sep 20 | 21,837 | 4,607 | 3,241 | 0 |
| 30 Jun 20 | 21,708 | 2,929 | 3,165 | 0 |
| 31 Mar 20 | 21,812 | 2,942 | 3,149 | 0 |
| 31 Dec 19 | 22,307 | 3,304 | 3,089 | 0 |
| 30 Sep 19 | 21,830 | 3,048 | 3,025 | 0 |
| 30 Jun 19 | 21,872 | 3,115 | 2,985 | 0 |
| 31 Mar 19 | 21,951 | 3,131 | 2,974 | 0 |
| 31 Dec 18 | 21,758 | 2,920 | 2,988 | 0 |
| 30 Sep 18 | 22,056 | 4,978 | 2,948 | 0 |
| 30 Jun 18 | 21,984 | 4,849 | 2,904 | 0 |
| 31 Mar 18 | 21,822 | 4,729 | 2,838 | 0 |
| 31 Dec 17 | 21,667 | 4,604 | 2,780 | 0 |
| 30 Sep 17 | 22,161 | 2,772 | 2,873 | 0 |
| 30 Jun 17 | 22,391 | 2,685 | 2,862 | 0 |
| 31 Mar 17 | 22,446 | 2,520 | 2,908 | 0 |
| 31 Dec 16 | 22,559 | 2,659 | 2,796 | 0 |
| 30 Sep 16 | 22,025 | 2,638 | 2,528 | 0 |
| 30 Jun 16 | 21,331 | 2,576 | 2,407 | 0 |
| 31 Mar 16 | 21,101 | 2,601 | 2,247 | 0 |
| 31 Dec 15 | 20,918 | 2,533 | 2,606 | 0 |
| 30 Sep 15 | 20,999 | 2,506 | 2,258 | 0 |
| 30 Jun 15 | 21,658 | 2,645 | 2,270 | 0 |
| 31 Mar 15 | 22,221 | 2,882 | 2,257 | 0 |
| 31 Dec 14 | 22,610 | 2,951 | 2,261 | 0 |
| 30 Sep 14 | 22,874 | 2,923 | 2,228 | 0 |
| 30 Jun 14 | 23,027 | 2,919 | 2,230 | 0 |
| 31 Mar 14 | 23,153 | 2,998 | 2,222 | 0 |
| 31 Dec 13 | 23,619 | 3,158 | 2,222 | 0 |
Quality Earnings: AFL has high quality earnings.
Growing Profit Margin: AFL's current net profit margins (22%) are lower than last year (24.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFL's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: AFL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AFL had negative earnings growth (-17%) over the past year, making it difficult to compare to the Insurance industry average (17.8%).
Return on Equity
High ROE: AFL's Return on Equity (15.3%) is considered low.