Net Assets for Aflac (AFL)
According to Aflac's latest reported financial statements, the company's latest reported net assets is $22.44B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
AFL
Currently viewingNet AssetsSwitch metric
Latest period
$22.44B
YoY change
+13.0%
5Y CAGR
-2.6%
Peak year (2020)
$33.56B
Latest annual
$29.49B
Net Assets history chart for Aflac (AFL) from 1985 to 2025
Net Assets history table for Aflac (AFL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $29.49B | +13.0% | +$3.39B | ||
| 2024 | $26.10B | +18.7% | +$4.11B | ||
| 2023 | $21.98B | +9.2% | +$1.84B | ||
| 2022 | $20.14B | -39.4% | -$13.11B | ||
| 2021 | $33.25B | -0.9% | -$306.00M | ||
| 2020 | $33.56B | +15.9% | +$4.60B | ||
| 2019 | $28.96B | +23.4% | +$5.50B | ||
| 2018 | $23.46B | -3.7% | -$903.00M | ||
| 2017 | $24.36B | +19.0% | +$3.88B | ||
| 2016 | $20.48B | +17.8% | +$3.10B | ||
| 2015 | $17.38B | -7.1% | -$1.33B | ||
| 2014 | $18.72B | +28.0% | +$4.10B | ||
| 2013 | $14.62B | -8.5% | -$1.36B | ||
| 2012 | $15.98B | +18.3% | +$2.47B | ||
| 2011 | $13.51B | +22.2% | +$2.45B | ||
| 2010 | $11.06B | +31.4% | +$2.64B | ||
| 2009 | $8.42B | +26.8% | +$1.78B | ||
| 2008 | $6.64B | -24.5% | -$2.16B | ||
| 2007 | $8.79B | +5.4% | +$454.00M | ||
| 2006 | $8.34B | +5.2% | +$414.00M | ||
| 2005 | $7.93B | +4.7% | +$354.00M | ||
| 2004 | $7.57B | +13.9% | +$927.00M | ||
| 2003 | $6.65B | +3.9% | +$252.00M | ||
| 2002 | $6.39B | +17.9% | +$969.00M | ||
| 2001 | $5.42B | +15.6% | +$731.00M | ||
| 2000 | $4.69B | +21.4% | +$826.00M | ||
| 1999 | $3.87B | +2.6% | +$98.00M | ||
| 1998 | $3.77B | +9.9% | +$339.53M | ||
| 1997 | $3.43B | +61.4% | +$1.30B | ||
| 1996 | $2.13B | -0.4% | -$8.57M | ||
| 1995 | $2.13B | +21.8% | +$382.37M | ||
| 1994 | $1.75B | +28.2% | +$385.77M | ||
| 1993 | $1.37B | +26.3% | +$284.10M | ||
| 1992 | $1.08B | +17.2% | +$158.40M | ||
| 1991 | $923.50M | +16.8% | +$132.50M | ||
| 1990 | $791.00M | +12.6% | +$88.80M | ||
| 1989 | $702.20M | +9.3% | +$59.80M | ||
| 1988 | $642.40M | +17.0% | +$93.30M | ||
| 1987 | $549.10M | +23.1% | +$103.00M | ||
| 1986 | $446.10M | +31.4% | +$106.50M | ||
| 1985 | $339.60M | — | — |
Net Assets values are taken from Aflac's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Aflac (AFL) reported net assets of $29.49B – grew 13.0% year-over-year.
Over 2020–2025 (5 years), Aflac net assets expanded at a -2.6% compound annual rate, sustaining 3 straight years of year-over-year growth.
Between 2020 and 2025, Aflac net assets declined 12.1%, falling from $33.56B to $29.49B.
2020 marks the peak net assets at $33.56B, with the historical low of $339.60M recorded in 1985.
Among 8 Financial Services peers, Aflac (AFL) ranks 8th; the peer median for net assets is $153.04B.
Aflac Net Assets by Year
Aflac Net Assets 2025: $29.49B
Aflac net assets in 2025 was $29.49B, grew 13.0% from 2024.
Aflac Net Assets 2024: $26.10B
Aflac net assets in 2024 was $26.10B, grew 18.7% from 2023.
Aflac Net Assets 2023: $21.98B
Aflac net assets in 2023 was $21.98B, grew 9.2% from 2022.
Aflac Net Assets 2022: $20.14B
Aflac net assets in 2022 was $20.14B, plunged 39.4% below 2021.
Aflac Net Assets 2021: $33.25B
Aflac net assets in 2021 was $33.25B.
See more financial history for Aflac (AFL).
Sector peers — Net Assets
Companies in the same sector as Aflac, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Berkshire Hathaway (BRK-B) | $717.42B | Financial Services |
| JPMorgan Chase (JPM) | $362.44B | Financial Services |
| Bank of America (BAC) | $303.24B | Financial Services |
| Wells Fargo (WFC) | $181.12B | Financial Services |
| Goldman Sachs (GS) | $124.97B | Financial Services |
| Morgan Stanley (MS) | $111.63B | Financial Services |
| Visa (V) | $37.91B | Financial Services |
| Mastercard (MA) | $7.74B | Financial Services |
Frequently asked questions
What is Aflac's net assets?
Latest reported net assets for Aflac (AFL) is $22.44B (period ending March 31, 2026).
How has Aflac net assets changed year-over-year?
Aflac (AFL) net assets changed +13.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Aflac net assets?
Aflac (AFL) net assets compound annual growth rate is -2.6% over the most recent 5 years available.
When did Aflac net assets hit its highest annual value?
Aflac net assets reached its highest annual value of $33.56B in 2020.
What was Aflac net assets in 2024?
Aflac (AFL) net assets in 2024 was $26.10B.
What was Aflac net assets in 2025?
Aflac (AFL) net assets in 2025 was $29.49B.
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