(AFL) Aflac - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0010551028

Cancer, Medical, Life, Accident, Disability

AFL EPS (Earnings per Share)

EPS (Earnings per Share) of AFL over the last years for every Quarter: "2020-09": 1.39, "2020-12": 1.07, "2021-03": 1.53, "2021-06": 1.59, "2021-09": 1.53, "2021-12": 1.28, "2022-03": 1.42, "2022-06": 1.46, "2022-09": 1.15, "2022-12": 1.4, "2023-03": 1.55, "2023-06": 1.62, "2023-09": 1.84, "2023-12": 1.25, "2024-03": 1.66, "2024-06": 1.83, "2024-09": 2.16, "2024-12": 1.56, "2025-03": 1.66, "2025-06": 1.73,

AFL Revenue

Revenue of AFL over the last years for every Quarter: 2020-09: 5627, 2020-12: 6003, 2021-03: 5795, 2021-06: 5511, 2021-09: 5237, 2021-12: 5387, 2022-03: 5272, 2022-06: 5400, 2022-09: 4824, 2022-12: 4014, 2023-03: 4831, 2023-06: 5173, 2023-09: 5032, 2023-12: 3857, 2024-03: 5437, 2024-06: 5157, 2024-09: 3035, 2024-12: 5498, 2025-03: 3453, 2025-06: 4218,

Description: AFL Aflac September 26, 2025

Aflac Inc. (NYSE:AFL) operates through two primary segments-Aflac Japan and Aflac U.S.-offering a suite of supplemental health and life insurance products. In Japan, the portfolio includes cancer, medical, nursing-care, whole-life, GIFT, WAYS, child-endowment, and Tsumitasu policies. In the United States, the company sells accident, disability, cancer, critical-illness, hospital-indemnity, dental, vision, and life insurance coverage via a distribution network of independent agents, corporate agencies, banks, and brokers. Founded in 1955 and headquartered in Columbus, Georgia, Aflac is classified under the Life & Health Insurance sub-industry.

Key performance indicators from Aflac’s most recent FY 2023 filing show net income of approximately $1.2 billion, a combined ratio of 94 % (indicating underwriting profitability), and a dividend yield near 2.5 % with a 10-year consecutive increase in payouts. The company’s earnings per share (EPS) grew 5 % YoY to $7.30, while its return on equity (ROE) held at 12 %, reflecting efficient capital use. Sector-wide drivers that materially affect Aflac include an aging demographic that raises demand for supplemental coverage, persistently low interest-rate environments that pressure investment income for insurers, and regulatory trends in Japan that have recently eased restrictions on foreign-owned insurers, potentially expanding market share.

For a data-rich, quantitative deep-dive on Aflac’s valuation metrics and scenario analysis, you may find the free tools on ValueRay worth exploring.

AFL Stock Overview

Market Cap in USD 57,323m
Sub-Industry Life & Health Insurance
IPO / Inception 1984-07-19

AFL Stock Ratings

Growth Rating 68.0%
Fundamental 52.8%
Dividend Rating 76.2%
Return 12m vs S&P 500 -13.9%
Analyst Rating 3.08 of 5

AFL Dividends

Dividend Yield 12m 2.09%
Yield on Cost 5y 6.77%
Annual Growth 5y 15.60%
Payout Consistency 98.4%
Payout Ratio 31.5%

AFL Growth Ratios

Growth Correlation 3m 44.3%
Growth Correlation 12m 21.6%
Growth Correlation 5y 97%
CAGR 5y 19.81%
CAGR/Max DD 3y (Calmar Ratio) 1.20
CAGR/Mean DD 3y (Pain Ratio) 4.31
Sharpe Ratio 12m 1.37
Alpha -11.73
Beta 0.849
Volatility 19.54%
Current Volume 2353.7k
Average Volume 20d 1715.3k
Stop Loss 105.5 (-3%)
Signal 0.21

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (2.44b TTM) > 0 and > 6% of Revenue (6% = 972.2m TTM)
FCFTA 0.02 (>2.0%) and ΔFCFTA -0.59pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 446.5% (prev 529.0%; Δ -82.47pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.02 (>3.0%) and CFO 2.59b > Net Income 2.44b (YES >=105%, WARN >=100%)
Net Debt (1.97b) to EBITDA (3.19b) ratio: 0.62 <= 3.0 (WARN <= 3.5)
Current Ratio 106.6 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (538.4m) change vs 12m ago -5.01% (target <= -2.0% for YES)
Gross Margin 28.88% (prev 70.30%; Δ -41.42pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 13.23% (prev 16.21%; Δ -2.98pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 15.81 (EBITDA TTM 3.19b / Interest Expense TTM 202.0m) >= 6 (WARN >= 3)

Altman Z'' 5.92

(A) 0.58 = (Total Current Assets 73.04b - Total Current Liabilities 685.0m) / Total Assets 124.74b
(B) 0.42 = Retained Earnings (Balance) 52.59b / Total Assets 124.74b
(C) 0.03 = EBIT TTM 3.19b / Avg Total Assets 122.45b
(D) 0.54 = Book Value of Equity 52.24b / Total Liabilities 97.54b
Total Rating: 5.92 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.80

1. Piotroski 4.0pt = -1.0
2. FCF Yield -26.93% = -5.0
3. FCF Margin 15.99% = 4.00
4. Debt/Equity 0.33 = 2.45
5. Debt/Ebitda 0.62 = 2.21
6. ROIC - WACC (= -1.13)% = -1.41
7. RoE 9.33% = 0.78
8. Rev. Trend -27.53% = -2.06
9. EPS Trend 56.94% = 2.85

What is the price of AFL shares?

As of November 05, 2025, the stock is trading at USD 108.81 with a total of 2,353,722 shares traded.
Over the past week, the price has changed by -0.54%, over one month by -4.76%, over three months by +9.13% and over the past year by +4.53%.

Is Aflac a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Aflac is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 52.80 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AFL is around 113.23 USD . This means that AFL is currently overvalued and has a potential downside of 4.06%.

Is AFL a buy, sell or hold?

Aflac has received a consensus analysts rating of 3.08. Therefor, it is recommend to hold AFL.
  • Strong Buy: 1
  • Buy: 2
  • Hold: 8
  • Sell: 1
  • Strong Sell: 1

What are the forecasts/targets for the AFL price?

Issuer Target Up/Down from current
Wallstreet Target Price 110 1.1%
Analysts Target Price 110 1.1%
ValueRay Target Price 125.6 15.5%

AFL Fundamental Data Overview October 27, 2025

Market Cap USD = 57.32b (57.32b USD * 1.0 USD.USD)
P/E Trailing = 24.1396
P/E Forward = 15.1976
P/S = 3.603
P/B = 2.1747
P/EG = 0.93
Beta = 0.849
Revenue TTM = 16.20b USD
EBIT TTM = 3.19b USD
EBITDA TTM = 3.19b USD
Long Term Debt = 8.75b USD (from longTermDebt, last quarter)
Short Term Debt = 86.0m USD (from shortTermDebt, last quarter)
Debt = 8.93b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.97b USD (from netDebt column, last quarter)
Enterprise Value = -9.62b USD (57.32b + Debt 8.93b - CCE 75.88b)
Interest Coverage Ratio = 15.81 (Ebit TTM 3.19b / Interest Expense TTM 202.0m)
FCF Yield = -26.93% (FCF TTM 2.59b / Enterprise Value -9.62b)
FCF Margin = 15.99% (FCF TTM 2.59b / Revenue TTM 16.20b)
Net Margin = 15.04% (Net Income TTM 2.44b / Revenue TTM 16.20b)
Gross Margin = 28.88% ((Revenue TTM 16.20b - Cost of Revenue TTM 11.53b) / Revenue TTM)
Gross Margin QoQ = 28.05% (prev 14.19%)
Tobins Q-Ratio = -0.08 (set to none) (Enterprise Value -9.62b / Total Assets 124.74b)
Interest Expense / Debt = 0.58% (Interest Expense 52.0m / Debt 8.93b)
Taxrate = 27.13% (223.0m / 822.0m)
NOPAT = 2.33b (EBIT 3.19b * (1 - 27.13%))
Current Ratio = 106.6 (out of range, set to none) (Total Current Assets 73.04b / Total Current Liabilities 685.0m)
Debt / Equity = 0.33 (Debt 8.93b / totalStockholderEquity, last quarter 27.20b)
Debt / EBITDA = 0.62 (Net Debt 1.97b / EBITDA 3.19b)
Debt / FCF = 0.76 (Net Debt 1.97b / FCF TTM 2.59b)
Total Stockholder Equity = 26.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.95% (Net Income 2.44b / Total Assets 124.74b)
RoE = 9.33% (Net Income TTM 2.44b / Total Stockholder Equity 26.12b)
RoCE = 9.16% (EBIT 3.19b / Capital Employed (Equity 26.12b + L.T.Debt 8.75b))
RoIC = 6.83% (NOPAT 2.33b / Invested Capital 34.06b)
WACC = 7.96% (E(57.32b)/V(66.26b) * Re(9.14%) + D(8.93b)/V(66.26b) * Rd(0.58%) * (1-Tc(0.27)))
Discount Rate = 9.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.05%
[DCF Debug] Terminal Value 71.37% ; FCFE base≈2.84b ; Y1≈2.40b ; Y5≈1.83b
Fair Price DCF = 52.01 (DCF Value 27.82b / Shares Outstanding 534.8m; 5y FCF grow -18.49% → 3.0% )
EPS Correlation: 56.94 | EPS CAGR: 16.01% | SUE: 0.09 | # QB: 0
Revenue Correlation: -27.53 | Revenue CAGR: -4.76% | SUE: -0.10 | # QB: 0

Additional Sources for AFL Stock

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