Aflac (AFL) Revenue & Revenue Breakdown

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Aflac Revenue Highlights

Latest Revenue (Y)

$18.70B

Latest Revenue (Q)

$2.95B

Main Segment (Y)

Aflac Japan

Main Geography (Y)

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
2024-09-30	$2.95B	-42.60%
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 $2.95B in revenue during Q3 2024, up -42.60% compared to the previous quarter, and up 57.01% 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
Corporate and Other	$460.00M	$267.00M	-	-
Aflac US	$6.49B	$6.49B	$6.57B	-
Aflac Japan	$10.66B	$12.25B	$14.93B	$15.37B
Aflac United States	$6.62B	-	-	-
Reconciling Items	$954.00M	-	-	-
Other Segments	-	-	$175.00M	$384.00M

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	Sep 24	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
Aflac Japan Member	$2.38B	$2.45B	$2.47B	$3.84B	$3.80B	$3.80B	$3.81B	$3.91B	$3.79B	-	-	-	-	-	-	-	-	-	-	-
Aflac US Member	$1.68B	$1.68B	$1.70B	$1.61B	$1.66B	$1.69B	$1.64B	$1.63B	$1.64B	-	-	-	-	-	-	-	-	-	-	-
Aflac US	-	-	-	$1.64B	$1.66B	$1.66B	$1.66B	$1.60B	$1.63B	$1.64B	$1.62B	$1.63B	$1.63B	-	-	-	-	-	-	-
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	-	-	-	-	-	-
Other Segments	-	-	-	-	-	-	-	-	-	$74.00M	$72.00M	$50.00M	$83.00M	$92.00M	$87.00M	$100.00M	$104.00M	$106.00M	$97.00M	$95.00M

Aflac's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Aflac Japan Member (58.54%), and Aflac US Member (41.46%).

Aflac Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23
Reconciling Items	$954.00M
Japan	$10.66B
Corporate and Other	$460.00M
United States	$6.62B

Aflac's latest annual revenue breakdown by geography, as of Dec 23: Japan (57.02%), United States (35.42%), Reconciling Items (5.10%), and Corporate and Other (2.46%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24
Aflac US Member	$1.68B	$1.68B	$1.70B
Aflac Japan Member	$2.38B	$2.45B	$2.47B

Aflac's latest quarterly revenue breakdown by geography, as of Sep 24: Aflac Japan Member (58.54%), and Aflac US Member (41.46%).

Aflac Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MET	MetLife	$66.41B	$18.44B
MFC	Manulife Financial	$42.31B	$12.55B
AFL	Aflac	$18.70B	$2.95B
UNM	Unum Group	$12.39B	$3.22B
LNC	Lincoln National	$11.64B	$4.11B
PUK	Prudential	$10.86B	$5.37B
FG	F&G Annuities & Life	$4.54B	$1.36B
CNO	CNO Financial Group	$4.15B	$1.12B
BHF	Brighthouse Financial	$4.12B	$2.02B
JXN	Jackson Financial	$3.16B	$1.25B
PRI	Primerica	$2.82B	$774.13M
PRU	Prudential Financial	$-3.17B	$19.49B

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 Q3 2024 was $2.95B, a -42.60% decrease from the previous quarter (Q2 2024), and a -40.42% decrease year-over-year (Q3 2023). The company'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). AFL'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).

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 Corporate and Other, Aflac US, and Aflac Japan. Corporate and Other generated $460M in revenue, accounting 2.59% of the company's total revenue Aflac US generated $6.62B in revenue, accounting 37.32% of the company's total revenue, up 2.11% year-over-year. Aflac Japan generated $10.66B in revenue, accounting 60.09% of the company's total revenue

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.