OakChart

Aflac Inc

AFLFinancial·Insurance - Life·USA·Large·NYSE·Nov 11 • 3:36 PM ET

126.85+0.21 (0.17%)
2026-11-11 21:36 CET
Market cap
62,637.03 USD m
Revenue, TTM
16,600.00 USD m
Net income, TTM
3,526.00 USD m
Free cash flow, TTM
2,592.00 USD m
EPS diluted, TTM
6.86
P/E
18.50
Compare

Price

AFL against its 20, 50 and 200-day averages
2050200miss
110.00115.00120.00125.00130.003.5M7.0MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26AFLclose 126.8520-day 122.8050-day 118.12200-day 116.54126.8552w high

3.3% under the 52-week high of 131.19 on 5 Nov 2026. 52-week low 105.76 on 24 Mar 2026. Last 15 sessions, 9.3% high to low

Volume 0.38× normal · the line is the 50-bar volume average

Profile

AFL
52-week range, 83% of the way up
105.76131.18

Aflac, Inc. is a holding company, which engages in the provision of financial protection services. It operates through the following segments: Aflac Japan and Aflac U.S. The Aflac Japan segment offers life insurance, death benefits, and cash surrender values. The Aflac U.S. segment sells voluntary supplemental insurance products for people who already have major medical or primary insurance coverage. The company was founded by John Amos, Paul Amos and William Amos on November 17, 1955 and is headquartered in Columbus, GA.

IndexS&P 500, RUI
Employees12716
IPOJun 14, 1974
Beta0.55
ATR, 14d2.32
Rel volume0.38
Short float2.06%
Insider own10.91%
Inst own60.93%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap62.74B
Enterprise Value-
Income3.53B
Sales16.60B
Book/sh59.08
Cash/sh-
Dividend Est.2.45 (1.93%)
Dividend TTM2.41 (1.90%)
Dividend Ex-DateNov 18, 2026
Dividend Gr. 3/5Y13.19% 15.68%
Payout34.04%
Employees12716
IPOJun 14, 1974

Ratios

P/E18.50
Forward P/E16.50
PEG6.27
P/S3.78
P/B2.15
P/C-
P/FCF24.21
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio0.99
Debt/Eq0.30
LT Debt/Eq0.28
Option/ShortYes / Yes

Earnings

EPS (ttm)6.86
EPS next Y7.69
EPS next Q1.75
EPS this Y-1.25%
EPS next Y3.94%
EPS next 5Y2.63%
EPS past 3/5Y-0.54% 0.43%
Sales past 3/5Y-3.57% -4.97%
EPS Y/Y TTM-10.65%
Sales Y/Y TTM-6.22%
EPS Q/Q-80.28%
Sales Q/Q-30.99%
EarningsNov 04 AMC
EPS/Sales Surpr.35.27% -20.59%

Ownership

Insider Own10.91%
Insider Trans-2.77%
Inst Own60.93%
Inst Trans-0.35%
ROA3.00%
ROE12.16%
ROIC9.40%
Gross Margin-
Oper. Margin27.39%
Profit Margin21.24%
SMA203.30%
SMA507.39%
SMA2008.85%
Trades-

Technical

Shs Outstand495.65M
Shs Float440.64M
Short Float2.06%
Short Ratio4.73
Short Interest9.08M
52W High131.18 -3.30%
52W Low105.76 19.94%
Volatility2.47% 1.90%
ATR (14)2.32
RSI (14)67.78
Beta0.55
Rel Volume0.38
Avg Volume1.92M
Volume688,602

Performance

Perf Week1.24%
Perf Month8.94%
Perf Quarter4.75%
Perf Half Y9.85%
Perf YTD15.04%
Perf Year11.48%
Perf 3Y55.68%
Perf 5Y125.19%
Perf 10Y249.40%
Recom3.28
Target Price118.73
Prev Close126.64
Price126.85
Change %0.17%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 19, 2026InitiatedWWolfe ResearchUnderperform
Dec 16, 2025InitiatedMMizuhoUnderperform$104-18.0%
Jan 23, 2025InitiatedBBMO Capital MarketsMarket Perform$111-12.5%
Oct 09, 2024InitiatedTTD CowenHold$102-19.6%
Sep 05, 2024InitiatedBBarclaysUnderweight$96-24.3%
Jan 04, 2024DowngradeEEvercore ISIIn-line → Underperform$76 → $78-38.5%
Aug 18, 2023DowngradeMMorgan StanleyOverweight → Equal-Weight$74 → $75-40.9%
Jun 05, 2023ResumedBBofA SecuritiesBuy$77-39.3%
Apr 25, 2023InitiatedWWells FargoEqual Weight$73-42.5%
May 24, 2022InitiatedCCitigroupNeutral$60-52.7%

Peers

Mkt cap
TickerCompanyMkt cap
METMetlife Inc64.58B
UNMUnum Group12.58B
PRUPrudential Financial Inc42.06B
GLGlobe Life Inc12.21B
MFCManulife Financial Corp73.92B
CNOCNO Financial Group Inc5.27B
PUKPrudential plc ADR31.41B
LNCLincoln National Corp8.12B
PRIPrimerica Inc9.00B
HIGHartford Insurance Group Inc36.57B

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
MOSKOWITZ JOSEPH LDirectorNov 09 '26Proposed Sale124.9960074,994Nov 09 09:48 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 15 '26Sale118.53113,61113,465,86650,134,329Oct 19 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 14 '26Sale117.7955,0006,478,47050,247,940Oct 16 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 13 '26Sale116.3842,0004,887,76450,302,940Oct 15 09:24 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 09 '26Sale114.7212,0001,376,67250,357,140Oct 14 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 12 '26Sale115.8512,2001,413,42650,344,940Oct 14 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 08 '26Sale114.4513,0001,487,86850,369,140Oct 13 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 07 '26Sale112.8012,0001,353,63150,382,140Oct 09 04:05 PM
Japan Post Holdings Co., Ltd.10% OwnerOct 06 '26Sale113.4913,0501,481,02750,394,140Oct 08 08:29 PM
Japan Post Holdings Co., Ltd.10% OwnerOct 05 '26Sale112.2513,0001,459,25050,407,190Oct 07 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 02 '26Sale111.3013,2001,469,09550,420,190Oct 06 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerOct 01 '26Sale111.1811,9001,323,09850,433,390Oct 05 04:05 PM
Japan Post Holdings Co., Ltd.10% OwnerSep 29 '26Sale113.3612,1001,371,60050,445,290Oct 01 09:00 AM
Japan Post Holdings Co., Ltd.10% OwnerSep 28 '26Sale113.6312,0001,363,54150,457,390Sep 30 09:00 AM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
RDVYFirst Trust Rising Dividend Achievers ETFAUM: 25.61B
XLFState Street Financial Select Sector SPDR ETFAUM: 54.05B
VOEVanguard Morningstar Mid-Cap Value ETFAUM: 24.66B
VIGVanguard Dividend Appreciation FTFAUM: 117.07B

News

latest 14 of 200
  • Aflac's 36.5% Beat Leans On A $0.71 Assumption Unlock As Margin Guidance Rises But Japan Sales And Capital Buffers Soften (Earnings Whispers)
  • Aflac: Q3 Earnings Snapshot (Associated Press)
  • Aflac Incorporated Announces Third Quarter 2026 Results, Declares Fourth Quarter Dividend (PR Newswire)
  • For Aflac, 25 years of holiday giving is just ducky! (PR Newswire)
  • Aflac Incorporated Announces Leadership Promotions for Aflac Japan and Aflac U.S. (PR Newswire)
  • My Special Aflac Duck Puts Love and Care in the hands of Children at Riley Hospital (PR Newswire)
  • Aflac Heads Into Third Quarter Needing Benefit Ratios To Back Up Its Capital Story (Earnings Whispers)
  • Aflac Incorporated to Webcast 2026 Financial Analysts Briefing (PR Newswire)
  • Beloved Sports Figure Brian Jordan Joins Aflac in Bringing Comfort to Young Patients at St. Louis Children's Hospital (ACCESSWIRE)
  • With Loving Hearts and Some Power Tools, A?ac Employees Build 40 Beds for Local Children Through Partnership With Sleep in Heavenly Peace (ACCESSWIRE)
  • Burnout, misinformation and financial vulnerability driving critical choices across American workforce, with Gen Z at the epicenter (PR Newswire)
  • 1 in 3 U.S. workers do not have a legacy plan in place (PR Newswire)
  • Aflac Incorporated to Release Third Quarter Results and CFO Video Update on November 4, 2026 and Host Webcast on November 5, 2026 (PR Newswire)
  • Aflac + Rachel Zoe Make Bold Fashion Statement To Prompt Americans To Check for Cancer (ACCESSWIRE)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-042.4301.7960.6103,2714,11916
2026Q22026-08-061.7501.7641.6324,1174,14215
2026Q12026-04-291.7501.7941.9804,3464,20315
2025Q42026-02-041.5701.6932.6394,8664,25014
2025Q32025-11-042.4901.7723.0814,7404,36615
2025Q22025-08-051.7801.7021.1134,1604,33015
2025Q12025-04-301.6601.6670.0534,3264,27815
2024Q42025-02-051.5601.6233.4245,4034,33016
2024Q32024-10-302.1601.689-0.1674,3254,30015
2024Q22024-07-311.8301.6013.0965,1384,10214
2024Q12024-05-011.6601.5823.2545,4364,13913
2023Q42024-01-311.2801.4520.4583,7774,39214
2023Q32023-11-011.8401.4902.6434,5154,32414
2023Q22023-08-011.5801.4392.7104,5404,47314
2023Q12023-04-261.5501.4031.9354,8004,62515
2022Q42023-02-011.4001.2140.2974,4794,49714

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2018FY4.1304.0923.76921,75821,861
2019FY4.4204.4234.42622,30722,148
2020FY4.9204.9086.67122,14722,082
2021FY6.0005.9196.39122,10621,614
2022FY5.6705.2486.92919,06718,982
2023FY6.2306.3527.78118,70117,944
2024FY7.2107.2739.63318,92717,298
2025FY7.4907.6166.82017,16417,663
2026FY-7.397--16,865
2027FY-7.688--16,989
2028FY-8.096--17,214
2029FY-8.251--17,423

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-086314,1764,0134,304
2026Q4S2026-11-066324,1764,0134,304
2026Q4S2026-11-056414,1934,0134,304
2026Q4S2026-11-046414,1793,9684,304
2026Q4S2026-10-206414,1793,9684,304
2026Q4S2026-10-146314,1703,9684,304
2026Q4S2026-10-096214,1603,9684,304
2026Q4S2026-10-056114,1503,9684,304
2026Q4S2026-09-256114,1413,9194,304
2026Q4S2026-09-216014,1213,7994,304
2026Q4S2026-08-256024,1213,7994,304
2026Q4S2026-08-165014,0853,7994,222
2026Q4S2026-08-146014,1293,7994,352
2026Q4S2026-08-106014,1283,7994,352

Estimate history

EPS, annual5.773.7694.4266.6716.3916.9297.7819.6336.8176.8581
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.1673.4240.0531.1133.0812.6391.981.6320.608
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual21667217582230722147221061914018701189271716416600
Period201720182019202020212022202320242025TTM
Sales, quarterly294954033398416047404866434641173271
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual780.91755.286726.793692.454652.132615.256578.479549.964518.69495.651
Period201720182019202020212022202320242025MRQ
Shares, quarterly556.717549.964542.493534.809525.71518.69510.53502.257495.651
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue16,600.0017,164.0018,927.0018,701.0019,140.0022,106.0022,147.0022,307.0021,758.00
Losses, Claims & Reserves10,216.0010,308.0010,200.0011,094.0011,923.0013,740.0014,935.0014,717.0014,648.00
Selling, General and Administrative Incl. Other1,837.002,103.002,113.002,150.002,122.002,758.002,811.002,917.002,905.00
Operating Income before Interest Expense4,547.004,753.006,614.005,457.005,095.005,608.004,401.004,673.004,205.00
Interest Expense255.00220.00197.00195.00226.00238.00242.00228.00222.00
Unusual Expense-----48.0015.0013.00-
Net Income Before Taxes4,292.004,533.006,417.005,262.004,869.005,322.004,159.004,445.003,983.00
Income Taxes766.00887.00974.00603.00451.00997.00-619.001,141.001,063.00
Consolidated Net Income3,526.003,646.005,443.004,659.004,418.004,325.004,778.003,304.002,920.00
Net Income From Continuing Operations3,526.003,646.005,443.004,659.004,418.004,325.004,778.003,304.002,920.00
Net Income3,526.003,646.005,443.004,659.004,418.004,325.004,778.003,304.002,920.00
EPS (Recurring)7.076.829.637.786.936.446.694.443.77
EPS (Basic, Before Extraordinaries)6.886.849.687.816.966.426.694.453.79
EPS (Diluted)6.866.829.637.786.936.396.674.433.77
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense94.8060.0451.3559.2545.2644.5338.6939.4242.66
Price To Earnings Ratio18.4718.4715.5810.889.189.156.6511.9612.10
Price To Sales Ratio3.363.443.092.642.401.791.441.771.62
Operating Margin27.3927.6934.9429.1826.6225.3719.8720.9519.33
Net Margin21.2421.2428.7624.9123.0819.5621.5714.8113.42
Shares Outstanding495.65518.69549.96578.48615.26652.13692.45726.79755.29
Market Capitalization62,637.0362,637.0357,463.8248,211.3544,731.5038,626.6231,237.7338,829.5534,683.87
Operating Income after Interest Expense-4,533.006,417.005,262.004,869.005,370.004,159.004,445.003,983.00
Reserves Increase (Decrease)-0.000.000.000.000.000.000.000.00

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue3,271.004,117.004,346.004,866.004,740.004,160.003,398.005,403.00
Losses, Claims & Reserves2,244.002,601.002,603.002,768.002,217.002,814.002,747.002,758.00
Selling, General and Administrative Incl. Other457.00457.00458.00465.00472.00472.00456.00460.00
Operating Income before Interest Expense570.001,059.001,285.001,633.002,051.00874.00195.002,185.00
Interest Expense70.0064.0060.0061.0057.0052.0050.0050.00
Operating Income after Interest Expense500.00995.001,225.001,572.001,994.00822.00145.002,135.00
Net Income Before Taxes500.00995.001,225.001,572.001,994.00822.00145.002,135.00
Income Taxes197.00170.00206.00193.00355.00223.00116.00233.00
Consolidated Net Income303.00825.001,019.001,379.001,639.00599.0029.001,902.00
Net Income From Continuing Operations303.00825.001,019.001,379.001,639.00599.0029.001,902.00
Net Income303.00825.001,019.001,379.001,639.00599.0029.001,902.00
EPS (Recurring)0.611.631.982.643.081.110.053.42
EPS (Basic, Before Extraordinaries)0.611.641.992.653.091.120.053.44
EPS (Diluted)0.611.631.982.643.081.110.053.42
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense28.4420.5419.7526.073.9523.706.3211.06
Price To Earnings Ratio18.4713.3115.9314.3825.2516.4611.5715.58
Price To Sales Ratio3.363.283.123.363.363.573.603.04
Operating Margin17.4325.7229.5733.5643.2721.015.7440.44
Net Margin9.2620.0423.4528.3434.5814.400.8535.20
Shares Outstanding495.65502.26510.53518.69525.71534.81542.49549.96
Market Capitalization62,637.0359,678.4956,650.8457,794.0559,740.7357,016.4260,689.1757,463.82

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Total Cash6,245.006,229.004,306.003,943.005,051.005,141.004,896.004,337.003,491.00
Investments97,515.0098,858.00109,254.00113,454.00137,927.00144,612.00133,195.00121,906.00120,168.00
Premium Balance Receivables - Insurance835.00779.00848.00647.00693.00796.00828.00851.00827.00
Net Property, Plant & Equipment351.00387.00445.00530.00538.00601.00581.00443.00434.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Deferred Tax Assets--4,337.004,023.008,011.008,210.006,157.005,191.005,259.00
Other Intangible Assets11,363.0011,150.0011,688.0012,252.0012,333.0012,936.0012,298.0011,928.0011,389.00
Total Assets116,309.00117,403.00130,878.00134,849.00164,553.00172,296.00157,955.00144,656.00141,568.00
Insurance Policy Liabilities - Insurance69,422.0077,345.0091,416.0095,998.00104,072.00113,391.00105,584.00102,247.0098,239.00
Total Debt8,409.007,498.007,388.007,470.007,967.007,924.006,668.005,778.005,289.00
Long Term Debt7,665.007,374.007,336.007,418.007,915.007,868.006,615.005,773.005,289.00
Provision for Risks Charges-47.00-105.00-121.00-208.00354.00479.00545.00554.00567.00
Deferred Tax Liabilities--4,068.004,399.0012,219.0012,906.0011,571.008,688.009,828.00
Other Liabilities9,035.006,567.006,142.007,050.006,688.004,037.004,628.003,927.003,047.00
Total Liabilities86,819.0091,305.00108,893.00114,709.00131,300.00138,737.00128,996.00121,194.00116,970.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity29,490.0026,098.0021,985.0020,140.0033,253.0033,559.0028,959.0023,462.0024,598.00
Total Shareholders Equity29,490.0026,098.0021,985.0020,140.0033,253.0033,559.0028,959.0023,462.0024,598.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity29,490.0026,098.0021,985.0020,140.0033,253.0033,559.0028,959.0023,462.0024,598.00
Total Liabilities & Stockholders Equity116,309.00117,403.00130,878.00134,849.00164,553.00172,296.00157,955.00144,656.00141,568.00
Book Value Per Share56.8547.4538.0032.7350.9948.4639.8431.0631.50
Tangible Book Value Per Share56.8547.4538.0032.7350.9948.4639.8431.0631.50
Full-Time Employees12,71612,69412,78512,88212,44712,00311,72911,39011,318
Price to Book Ratio2.142.322.141.861.150.921.331.471.57
Return on Assets3.124.383.502.952.572.892.182.043.38
Return on Equity13.1222.6421.0116.5512.9515.2912.6112.1520.43
Return on Invested Capital9.8116.2615.8916.0310.5111.539.299.9915.40
Current Ratio1.472.903.312.460.710.800.670.760.56

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations3,898.003,987.003,351.003,799.003,793.003,964.005,120.003,269.003,091.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-1,306.00-1,432.00-644.00-609.0086.001,087.00838.002,186.002,923.00
Cash from Operating Activities2,592.002,555.002,707.003,190.003,879.005,051.005,958.005,455.006,014.00
Capital Expenditures0.000.000.000.000.000.000.000.000.00
Net Assets From Acquisitions0.000.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.000.00
Purchase or Sale of Investments-717.00-302.001,940.001,367.00-979.00-3,930.00-3,327.00-3,974.00-4,106.00
Purchase of Investments-15,449.00-14,012.00-8,485.00-4,492.00-8,160.00-12,454.00-9,375.00-12,344.00-15,029.00
Sale Or Maturity of Investments14,732.0013,710.0010,425.005,859.007,181.008,524.006,048.008,370.0010,923.00
Other Uses0.000.000.00-550.00-561.000.00-1,292.000.000.00
Other Sources1,548.001,863.00841.000.000.001,552.000.00803.00524.00
Cash from Investing Activities831.001,561.002,781.00817.00-1,540.00-2,378.00-4,619.00-3,171.00-3,582.00
Cash Dividends Paid-1,190.00-1,198.00-1,087.00-966.00-979.00-855.00-769.00-771.00-793.00
Change in Capital Stock-3,575.00-3,522.00-2,786.00-2,784.00-2,384.00-2,275.00-1,503.00-1,578.00-1,243.00
Repurchase of Common Pref Stock-3,588.00-3,530.00-2,800.00-2,801.00-2,401.00-2,301.00-1,537.00-1,627.00-1,301.00
Sale of Common Pref Stock13.008.0014.0017.0017.0026.0034.0049.0058.00
Proceedsfrom Stock Options13.008.0014.0017.0017.0026.0034.0049.0058.00
Issuance or Reduction of Debt, Net511.00955.00629.00204.00-139.00453.001,195.00615.00470.00
Change in Long Term Debt511.00955.000.00204.00-139.00453.001,195.00615.00470.00
Issuance of Long Term Debt911.001,039.000.00204.001,277.001,153.001,545.00615.001,020.00
Reduction of Long Term Debt-400.00-84.000.000.00-1,416.00-700.00-350.000.00-550.00
Net Financing Active Other Cash Flow-319.00-304.00-242.00-177.00-49.00-62.00-38.0021.00-50.00
Other Financing Activities Uses-319.00-304.00-242.00-177.00-49.00-62.00-38.000.00-50.00
Cash from Financing Activities-4,573.00-4,069.00-3,486.00-3,723.00-3,551.00-2,739.00-1,115.00-1,713.00-1,616.00
Exchange Rate Effect5.00-31.00-79.0079.00104.00-24.0021.00-12.0030.00
Net Change in Cash-1,145.0016.001,923.00363.00-1,108.00-90.00245.00559.00846.00
Free Cash Flow2,592.002,555.002,707.003,190.003,879.005,051.005,958.005,455.006,014.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow39.7643.4636.0822.2115.829.426.148.436.76

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Total Cash5,623.006,120.005,654.006,245.006,768.006,965.00
Investments94,810.0096,883.0097,538.0097,515.00102,748.00104,804.00
Net Property, Plant & Equipment356.00351.00354.00351.00367.00390.00
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Other Intangible Assets11,431.0011,268.0011,321.0011,363.0011,399.0011,538.00
Total Assets113,053.00115,517.00115,814.00116,309.00122,134.00124,570.00
Insurance Policy Liabilities - Insurance63,059.0063,904.0066,316.0069,422.0074,565.0078,738.00
Total Debt8,900.008,729.007,908.008,409.008,685.008,933.00
Long Term Debt8,221.007,989.007,534.007,665.008,286.008,448.00
Provision for Risks Charges0.000.000.00-47.000.000.00
Other Liabilities11,811.0012,572.0011,629.009,035.0010,196.009,699.00
Total Liabilities83,770.0085,205.0085,853.0086,819.0093,446.0097,370.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity29,283.0030,312.0029,961.0029,490.0028,688.0027,200.00
Total Shareholders Equity29,283.0030,312.0029,961.0029,490.0028,688.0027,200.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity29,283.0030,312.0029,961.0029,490.0028,688.0027,200.00
Total Liabilities & Stockholders Equity113,053.00115,517.00115,814.00116,309.00122,134.00124,570.00
Book Value Per Share59.0860.3558.6956.8554.5750.86
Tangible Book Value Per Share59.0860.3558.6956.8554.5750.86
Full-Time Employees---12,716--
Price to Book Ratio2.142.001.932.022.202.17
Return on Assets3.004.053.933.123.331.99
Return on Equity12.1616.9116.4713.1215.589.15
Return on Invested Capital0.812.152.723.714.431.68
Current Ratio0.991.001.051.471.321.40

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations1,305.00922.00919.00752.001,289.00984.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-108.00-810.0049.00-437.00-37.00-585.00
Cash from Operating Activities1,197.00112.00968.00315.001,252.00399.00
Capital Expenditures0.000.000.000.000.000.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments467.00-321.00-2,510.001,647.00364.00-1,048.00
Purchase of Investments-2,827.00-7,092.00-4,811.00-719.00-1,847.00-3,650.00
Sale Or Maturity of Investments3,294.006,771.002,301.002,366.002,211.002,602.00
Other Uses0.000.000.000.000.000.00
Other Sources-1,030.001,112.002,754.00-1,288.00-336.002,581.00
Cash from Investing Activities-563.00791.00244.00359.0028.001,533.00
Cash Dividends Paid-295.00-299.00-304.00-292.00-299.00-301.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-800.00-981.00-996.00-798.00-997.00-831.00
Repurchase of Common Pref Stock-803.00-984.00-1,000.00-801.00-1,000.00-829.00
Sale of Common Pref Stock3.003.004.003.003.00-2.00
Proceedsfrom Stock Options3.003.004.003.003.00-2.00
Issuance or Reduction of Debt, Net0.00911.00-400.000.00-84.001,039.00
Change in Long Term Debt0.00911.00-400.000.00-84.001,039.00
Issuance of Long Term Debt0.00911.000.000.000.001,039.00
Reduction of Long Term Debt0.000.00-400.000.00-84.000.00
Net Financing Active Other Cash Flow-90.00-73.00-62.00-94.00-82.00-69.00
Other Financing Activities Uses-90.00-73.00-62.00-94.00-82.00-69.00
Cash from Financing Activities-1,185.00-442.00-1,762.00-1,184.00-1,462.00-162.00
Exchange Rate Effect54.005.00-41.00-13.00-15.00-36.00
Net Change in Cash-497.00466.00-591.00-523.00-197.001,734.00
Free Cash Flow1,197.00112.00968.00315.001,252.00399.00
Price to Free Cash Flow39.7640.8032.5042.4642.4539.24

Revenue breakdown

Accident and Health Insurance Product Line2024: 11.69B 2025: 11.67B
Life Insurance Product Line2024: 1.75B 2025: 1.88B
United States2024: 13.44B 2025: 13.55B
Japan2024: 6.93B 2025: 6.74B
Other2024: 681.00M 2025: 805.00M
United States2024: 5.83B 2025: 6.00B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.06%9.1M440.6M1.96M
2026-10-152.25%10.1M446.6M2.05M
2026-09-302.61%11.6M446.3M2.06M
2026-09-152.60%11.6M446.2M2.21M
2026-08-312.47%11.0M446.1M2.30M
2026-08-142.46%11.0M446.8M2.40M
2026-07-312.72%12.3M453.5M2.40M
2026-07-152.76%12.5M453.5M2.47M
2026-06-302.77%12.6M453.5M2.49M
2026-06-152.35%10.6M453.0M2.44M
2026-05-292.00%9.1M453.8M2.38M
2026-05-151.91%8.7M454.0M2.27M
2026-04-301.81%8.2M453.9M2.37M
2026-04-151.77%8.1M460.2M2.41M
2026-03-311.81%8.3M461.3M2.42M
2026-03-131.84%8.5M461.3M2.38M
2026-02-271.79%8.2M461.3M2.35M
2026-02-131.57%7.4M468.1M2.43M
2026-01-301.56%7.3M468.4M2.38M
2026-01-151.55%7.3M468.4M2.21M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call65.0060.5062.1061.274.5410.004.000.996-0.1170.001
call70.0055.0057.1055.944.1131.002.000.995-0.1160.001
call75.0050.5052.1051.293.6831.002.000.995-0.1150.001
call80.0044.8048.000.004.5270.000.000.982-0.3420.004
call85.0039.8043.000.004.0280.000.000.980-0.3340.004
call90.0034.8037.600.003.2060.000.000.978-0.3260.005
call95.0029.8032.400.002.5810.000.000.974-0.3160.005
call99.0025.8028.1026.921.9170.001.000.971-0.3080.006
call10024.8027.1025.991.8520.001.000.970-0.3050.006
call10123.8026.4025.872.1381.000.000.969-0.3030.006
call10222.8025.1024.961.7501.000.000.968-0.3000.006
call10321.9024.1022.091.6564.000.000.967-0.2970.007
call10420.8023.4021.101.9164.000.000.966-0.2950.007
call10519.8022.400.001.8430.000.000.965-0.2920.007
call10618.8021.400.001.7700.000.000.963-0.2890.007
call10717.8021.200.002.2100.000.000.962-0.2850.008
call10816.8019.400.001.6250.000.000.960-0.2820.008
call10915.8018.105.501.2741.000.000.958-0.2780.008
call11014.8017.8010.001.7392.000.000.956-0.2750.008
call11113.9016.1013.031.1481.000.000.954-0.2710.009
call11212.9015.8015.031.5791.000.000.952-0.2670.009
call11311.9014.103.801.04210.000.000.949-0.2620.009
call11410.9013.805.301.4195.000.000.946-0.2570.010
call11510.0012.406.201.1203.000.000.942-0.2590.011
call1169.6011.1010.900.8515.002.000.939-0.2490.011
call1177.9010.804.851.1727.000.000.924-0.2860.013
call1186.909.105.200.72255.000.000.929-0.2380.012
call1195.908.204.800.7124.000.000.920-0.2420.013
call1206.107.203.800.63822.000.000.912-0.2350.014
call1213.906.604.100.76148.000.000.880-0.2850.018
call1223.605.603.700.67717.000.000.853-0.3050.021
call1232.454.702.870.62867.000.000.823-0.3080.024
call1241.653.202.210.3596.000.000.831-0.2130.023
call1251.702.300.950.30814.000.000.773-0.2150.027
call1261.301.452.050.26435.000.000.653-0.2310.033
call1270.650.850.470.2526.002.000.480-0.2380.036
call1280.250.400.880.23348.000.000.298-0.1960.031
call1290.100.200.300.2436.000.000.318-0.4140.032
call1300.050.850.180.31220.000.000.249-0.3800.029
call1310.001.150.110.37617.000.000.235-0.4490.028
call1320.002.200.090.4375.000.000.176-0.3650.023
call1330.002.150.600.6110.000.000.168-0.4270.023
call1340.000.950.000.5540.000.000.151-0.4110.021
call1350.000.100.000.4760.000.000.074-0.1390.016
call1360.002.150.000.5770.000.000.074-0.2160.013
call1370.002.150.000.6220.000.000.059-0.1840.011
call1380.002.150.000.6660.000.000.045-0.1500.009
call1390.002.150.000.7090.000.000.038-0.1330.008
call1400.002.150.000.7640.000.000.036-0.1450.007
call1410.000.300.000.8030.000.000.035-0.1530.007
call1420.000.950.000.8500.000.000.034-0.1550.007
call1430.002.150.000.8840.000.000.032-0.1550.007
call1440.001.350.000.9340.000.000.031-0.1540.006
call1450.002.150.000.9740.000.000.030-0.1610.006
put65.000.000.050.004.5040.000.00-0.013-0.3580.003
put70.000.000.050.004.0520.000.00-0.014-0.3520.003
put75.000.000.050.003.6300.000.00-0.016-0.3460.004
put80.000.002.150.003.0580.000.00-0.018-0.3090.004
put85.000.002.150.002.6980.000.00-0.020-0.3010.005
put90.000.002.150.002.4010.000.00-0.023-0.3030.005
put95.000.002.150.002.0790.000.00-0.026-0.2960.006
put99.000.002.150.001.8440.000.00-0.029-0.2910.006
put1000.002.150.001.7610.000.00-0.030-0.2850.006
put1010.001.850.001.6990.000.00-0.031-0.2830.007
put1020.002.150.001.6380.000.00-0.032-0.2810.007
put1030.002.150.671.6122.000.00-0.033-0.2850.007
put1040.002.150.801.5411.000.00-0.034-0.2810.007
put1050.002.150.771.4981.000.00-0.035-0.2820.007
put1060.002.150.901.4360.000.00-0.037-0.2790.007
put1070.002.151.381.3610.000.00-0.039-0.2730.008
put1080.002.050.151.3191.000.00-0.040-0.2760.008
put1090.001.200.201.2602.000.00-0.042-0.2720.008
put1100.002.150.251.1942.000.00-0.044-0.2680.008
put1110.001.202.351.1321.000.00-0.046-0.2640.009
put1120.002.150.051.0753.000.00-0.048-0.2610.009
put1130.002.150.000.9710.000.00-0.052-0.2440.010
put1140.002.150.000.9080.000.00-0.056-0.2440.010
put1150.002.150.730.8884.000.00-0.058-0.2510.011
put1160.002.050.350.8273.000.00-0.060-0.2410.011
put1170.002.150.050.7096.000.00-0.091-0.3070.015
put1180.001.150.050.7016.000.00-0.070-0.2290.012
put1190.002.200.130.5779.000.00-0.108-0.2850.017
put1200.001.350.140.57311.000.00-0.089-0.2300.015
put1210.000.200.050.50811.003.00-0.119-0.2770.018
put1220.000.600.400.47128.000.00-0.147-0.2980.021
put1230.050.250.130.3991330.00-0.179-0.3040.024
put1240.100.250.300.3268.001.00-0.169-0.2060.023
put1250.150.300.250.2693.002.00-0.227-0.2080.027
put1260.350.500.650.24118.009.00-0.347-0.2240.033
put1270.700.901.000.2312.000.00-0.519-0.2310.036
put1281.301.502.450.2251.001.00-0.702-0.1880.031
put1291.804.103.260.8032.001.00-0.680-0.4080.032
put1302.704.704.250.7892.002.00-0.749-0.3750.029
put1314.006.200.001.0310.000.00-0.767-0.4390.028
put1323.806.500.000.9080.000.00-0.825-0.3560.023
put1334.808.200.001.2170.000.00-0.826-0.4210.023
put1345.809.200.001.3030.000.00-0.850-0.4020.021
put1356.809.809.211.2491.001.00-0.904-0.2640.015
put1367.7011.000.001.4020.000.00-0.916-0.2510.014
put1379.3012.200.001.5450.000.00-0.930-0.2260.012
put1389.9013.200.001.6210.000.00-0.944-0.1920.010
put13910.7014.200.001.6950.000.00-0.956-0.1590.008
put14012.0015.200.001.7670.000.00-0.963-0.1410.007
put14113.2016.2013.801.8381.000.00-0.965-0.1440.007
put14214.1017.2014.801.9071.000.00-0.966-0.1460.007
put14315.0018.200.001.9750.000.00-0.968-0.1480.007
put14415.9019.200.002.0410.000.00-0.969-0.1500.006
put14516.7020.200.002.1070.000.00-0.970-0.1520.006

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-09144Filing for proposed sale of securities under Rule 144.SEC
2026-11-0513F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-09-30SEC
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-048-KCurrent report2026-11-04SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-164Statement of changes in beneficial ownership of securities2026-10-14SEC
2026-10-154Statement of changes in beneficial ownership of securities2026-10-13SEC
2026-10-144Statement of changes in beneficial ownership of securities2026-10-09SEC
2026-10-144Statement of changes in beneficial ownership of securities2026-10-12SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-08SEC
2026-10-094Statement of changes in beneficial ownership of securities2026-10-07SEC
2026-10-084Statement of changes in beneficial ownership of securities2026-10-06SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-02SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-09-304Statement of changes in beneficial ownership of securities2026-09-28SEC
2026-09-294Statement of changes in beneficial ownership of securities2026-09-25SEC
2026-09-284Statement of changes in beneficial ownership of securities2026-09-24SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-244Statement of changes in beneficial ownership of securities2026-09-22SEC
2026-09-234Statement of changes in beneficial ownership of securities2026-09-21SEC
2026-09-224Statement of changes in beneficial ownership of securities2026-09-18SEC
2026-09-214Statement of changes in beneficial ownership of securities2026-09-17SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-16144Filing for proposed sale of securities under Rule 144.SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-14SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100036.20M11
2026-090032.67M21
2026-080021.93M15
2026-070000
2026-060046.48M16
2026-050043.26M20
2026-040037.83M6
2026-030039.49M23
2026-02002.37M2
2026-010000
2025-1200978.69K2
2025-11002.57M5

Institutional holders

Manager% owned
Japan Post Holdings Co., Ltd.10.06%
BlackRock, Inc.6.86%
VANGUARD CAPITAL MANAGEMENT LLC5.88%
VANGUARD PORTFOLIO MANAGEMENT LLC4.79%
STATE STREET CORP4.62%
GEODE CAPITAL MANAGEMENT, LLC2.08%
WELLS FARGO & COMPANY/MN1.70%
MORGAN STANLEY1.58%
NORTHERN TRUST CORP1.23%
GOLDMAN SACHS GROUP INC1.05%

Funds

Fund% owned
VANGUARD GLOBAL WELLINGTON FUND109.71%
VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND98.23%
VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND78.59%
Loomis Sayles Global Bond Fund76.62%
VANGUARD GLOBAL WELLESLEY INCOME FUND49.87%
Nuveen International Bond Fund19.65%
PGIM Global Total Return Fund19.65%
VANGUARD TOTAL BOND MARKET II INDEX FUND5.46%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND4.80%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.86%

OakChart. AFL. Cached 15 minutes.