Aflac (AFL) Revenue & Revenue Breakdown
Aflac Revenue Highlights
Latest Revenue (Y)
$18.70B
Latest Revenue (Q)
$5.14B
Main Segment (Y)
Aflac Japan
Aflac Revenue by Period
Aflac Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $18.70B | -2.29% |
| 2022-12-31 | $19.14B | -13.42% |
| 2021-12-31 | $22.11B | -0.19% |
| 2020-12-31 | $22.15B | -0.72% |
| 2019-12-31 | $22.31B | 2.52% |
| 2018-12-31 | $21.76B | 0.42% |
| 2017-12-31 | $21.67B | -3.95% |
| 2016-12-31 | $22.56B | 8.08% |
| 2015-12-31 | $20.87B | -8.17% |
| 2014-12-31 | $22.73B | -5.06% |
| 2013-12-31 | $23.94B | -5.62% |
| 2012-12-31 | $25.36B | 14.40% |
| 2011-12-31 | $22.17B | 6.94% |
| 2010-12-31 | $20.73B | 13.58% |
| 2009-12-31 | $18.25B | 10.27% |
| 2008-12-31 | $16.55B | 7.54% |
| 2007-12-31 | $15.39B | 5.32% |
| 2006-12-31 | $14.62B | 1.76% |
| 2005-12-31 | $14.36B | 8.15% |
| 2004-12-31 | $13.28B | 16.02% |
| 2003-12-31 | $11.45B | 11.60% |
| 2002-12-31 | $10.26B | 6.87% |
| 2001-12-31 | $9.60B | -1.26% |
| 2000-12-31 | $9.72B | 12.50% |
| 1999-12-31 | $8.64B | 21.62% |
| 1998-12-31 | $7.10B | -2.02% |
| 1997-12-31 | $7.25B | 2.12% |
| 1996-12-31 | $7.10B | -1.26% |
| 1995-12-31 | $7.19B | 17.67% |
| 1994-12-31 | $6.11B | 22.19% |
| 1993-12-31 | $5.00B | - |
Aflac generated $18.70B in revenue during NA 2023, up -2.29% compared to the previous quarter, and up 85.95% compared to the same period a year ago.
Aflac Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $5.14B | -5.48% |
| 2024-03-31 | $5.44B | 43.92% |
| 2023-12-31 | $3.78B | -23.70% |
| 2023-09-30 | $4.95B | -4.31% |
| 2023-06-30 | $5.17B | 7.77% |
| 2023-03-31 | $4.80B | 21.58% |
| 2022-12-31 | $3.95B | -18.09% |
| 2022-09-30 | $4.82B | -10.74% |
| 2022-06-30 | $5.40B | 2.43% |
| 2022-03-31 | $5.27B | -2.96% |
| 2021-12-31 | $5.43B | 3.74% |
| 2021-09-30 | $5.24B | -5.88% |
| 2021-06-30 | $5.56B | -5.20% |
| 2021-03-31 | $5.87B | -2.73% |
| 2020-12-31 | $6.03B | 6.51% |
| 2020-09-30 | $5.67B | 4.77% |
| 2020-06-30 | $5.41B | 4.75% |
| 2020-03-31 | $5.16B | -7.87% |
| 2019-12-31 | $5.60B | 1.52% |
| 2019-09-30 | $5.52B | 0.15% |
| 2019-06-30 | $5.51B | -2.58% |
| 2019-03-31 | $5.66B | 10.70% |
| 2018-12-31 | $5.11B | -8.37% |
| 2018-09-30 | $5.58B | -0.21% |
| 2018-06-30 | $5.59B | 2.29% |
| 2018-03-31 | $5.46B | 0.74% |
| 2017-12-31 | $5.42B | -1.49% |
| 2017-09-30 | $5.51B | 1.44% |
| 2017-06-30 | $5.43B | 2.24% |
| 2017-03-31 | $5.31B | -7.31% |
| 2016-12-31 | $5.73B | 0.21% |
| 2016-09-30 | $5.72B | 5.13% |
| 2016-06-30 | $5.44B | -0.26% |
| 2016-03-31 | $5.45B | 2.85% |
| 2015-12-31 | $5.30B | 5.16% |
| 2015-09-30 | $5.04B | -4.67% |
| 2015-06-30 | $5.29B | 1.17% |
| 2015-03-31 | $5.23B | -5.22% |
| 2014-12-31 | $5.51B | -3.87% |
| 2014-09-30 | $5.74B | -1.75% |
| 2014-06-30 | $5.84B | 3.51% |
| 2014-03-31 | $5.64B | -2.78% |
| 2013-12-31 | $5.80B | -1.44% |
| 2013-09-30 | $5.89B | -2.61% |
| 2013-06-30 | $6.04B | -2.64% |
| 2013-03-31 | $6.21B | -2.62% |
| 2012-12-31 | $6.38B | -6.89% |
| 2012-09-30 | $6.85B | 16.01% |
| 2012-06-30 | $5.90B | -5.42% |
| 2012-03-31 | $6.24B | 4.37% |
| 2011-12-31 | $5.98B | -0.13% |
| 2011-09-30 | $5.99B | 17.67% |
| 2011-06-30 | $5.09B | -0.57% |
| 2011-03-31 | $5.12B | -3.34% |
| 2010-12-31 | $5.29B | -1.85% |
| 2010-09-30 | $5.39B | 8.31% |
| 2010-06-30 | $4.98B | -1.68% |
| 2010-03-31 | $5.07B | 10.18% |
| 2009-12-31 | $4.60B | 1.57% |
| 2009-09-30 | $4.53B | 4.94% |
| 2009-06-30 | $4.31B | -10.48% |
| 2009-03-31 | $4.82B | 13.10% |
| 2008-12-31 | $4.26B | 15.42% |
| 2008-09-30 | $3.69B | -14.88% |
| 2008-06-30 | $4.34B | 1.62% |
| 2008-03-31 | $4.27B | 6.22% |
| 2007-12-31 | $4.02B | - |
Aflac generated $5.14B in revenue during Q2 2024, up -5.48% compared to the previous quarter, and up 107.04% compared to the same period a year ago.
Aflac Revenue Breakdown
Aflac Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Aflac Japan | $10.66B | $12.25B | $14.93B | $15.37B | - |
| Aflac US | $6.62B | $6.49B | $6.49B | $6.57B | - |
| Corporate and Other | $460.00M | $267.00M | - | - | - |
| Other Segments | - | - | $175.00M | $384.00M | $393.00M |
| Aflac Japan Member | - | - | - | - | $15.31B |
| Aflac US Member | - | - | - | - | $6.55B |
Aflac's latest annual revenue breakdown by segment (product or service), as of Dec 23: Aflac Japan (60.09%), Aflac US (37.32%), and Corporate and Other (2.59%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aflac Japan Member | $2.45B | $2.47B | $3.84B | $3.80B | $3.80B | $3.81B | $3.91B | $3.79B | $3.80B | - | - | - | - | - | - | - | - | - | - | - |
| Aflac US Member | $1.68B | $1.70B | $1.61B | $1.66B | $1.69B | $1.64B | $1.63B | $1.64B | $1.64B | - | - | - | - | - | - | - | - | - | - | - |
| Corporate and Other | - | - | $76.00M | $115.00M | $140.00M | $129.00M | $73.00M | $42.00M | - | - | - | - | - | - | - | - | - | - | - | - |
| Aflac Japan | - | - | $2.50B | $2.66B | $2.71B | $2.79B | $2.91B | $3.15B | $3.41B | $3.71B | $3.79B | $3.84B | $3.92B | - | - | - | - | - | - | - |
| Aflac US | - | - | $1.64B | $1.66B | $1.66B | $1.66B | $1.60B | $1.63B | $1.64B | $1.62B | $1.63B | $1.63B | - | - | - | - | - | - | - | - |
| Other Segments | - | - | - | - | - | - | - | - | $74.00M | $72.00M | $50.00M | $83.00M | $92.00M | $87.00M | $100.00M | $104.00M | $106.00M | $97.00M | $95.00M | $95.00M |
Aflac's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Aflac Japan Member (59.24%), and Aflac US Member (40.76%).
Aflac Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 |
|---|---|---|
| Aflac US Member | $1.68B | $1.70B |
| Aflac Japan Member | $2.45B | $2.47B |
Aflac's latest quarterly revenue breakdown by geography, as of Jun 24: Aflac Japan Member (59.24%), and Aflac US Member (40.76%).
Aflac Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MET | MetLife | $66.41B | $17.82B |
| MFC | Manulife Financial | $42.31B | $12.55B |
| AFL | Aflac | $18.70B | $5.14B |
| UNM | Unum Group | $12.39B | $3.23B |
| LNC | Lincoln National | $11.64B | $5.15B |
| PUK | Prudential | $10.86B | $5.37B |
| CNO | CNO Financial Group | $4.15B | $1.07B |
| BHF | Brighthouse Financial | $4.12B | $1.64B |
| JXN | Jackson Financial | $3.16B | $-322.00M |
| PRI | Primerica | $2.82B | $758.62M |
| PRU | Prudential Financial | $-3.17B | $14.88B |
AFL Revenue FAQ
What is Aflac’s yearly revenue?
Aflac's yearly revenue for 2023 was $18.7B, representing a decrease of -2.29% compared to 2022. The company's yearly revenue for 2022 was $19.14B, representing a decrease of -13.42% compared to 2021. AFL's yearly revenue for 2021 was $22.11B, representing a decrease of -0.19% compared to 2020.
What is Aflac’s quarterly revenue?
Aflac's quarterly revenue for Q2 2024 was $5.14B, a -5.48% decrease from the previous quarter (Q1 2024), and a -0.68% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $5.44B, a 43.92% increase from the previous quarter (Q4 2023), and a 13.25% increase year-over-year (Q1 2023). AFL's quarterly revenue for Q4 2023 was $3.78B, a -23.70% decrease from the previous quarter (Q3 2023), and a -4.33% decrease year-over-year (Q4 2022).
What is Aflac’s revenue growth rate?
Aflac's revenue growth rate for the last 3 years (2021-2023) was -15.40%, and for the last 5 years (2019-2023) was -16.17%.
What are Aflac’s revenue streams?
Aflac's revenue streams in c 23 are Aflac Japan, Aflac US, and Corporate and Other. Aflac Japan generated $10.66B in revenue, accounting 60.09% of the company's total revenue, down -12.96% year-over-year. Aflac US generated $6.62B in revenue, accounting 37.32% of the company's total revenue, up 2.11% year-over-year. Corporate and Other generated $460M in revenue, accounting 2.59% of the company's total revenue, up 72.28% year-over-year.
What is Aflac’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Aflac was Aflac Japan. This segment made a revenue of $10.66B, representing 60.09% of the company's total revenue.