TTM
25.4%
YoY change
−7.55pp
Trough year (1989)
3.3%
Peak year (2024)
28.5%
Latest annual
20.9%
Net Profit Margin history chart for Aflac (AFL) from 1985 to 2025
Latest: 20.9%
Net Profit Margin change chart for Aflac (AFL) from 1985 to 2025
Latest: −7.55pp
Net Profit Margin history table for Aflac (AFL) from 1985 to 2025
| 2025 | 20.9% | -7.55pp | ||
| 2024 | 28.5% | +3.73pp | ||
| 2023 | 24.7% | +1.66pp | ||
| 2022 | 23.1% | +3.43pp | ||
| 2021 | 19.6% | -1.83pp | ||
| 2020 | 21.5% | +6.61pp | ||
| 2019 | 14.9% | +1.40pp | ||
| 2018 | 13.5% | -7.86pp | ||
| 2017 | 21.3% | +9.49pp | ||
| 2016 | 11.8% | -0.35pp | ||
| 2015 | 12.2% | -0.88pp | ||
| 2014 | 13.1% | -0.20pp | ||
| 2013 | 13.3% | +1.91pp | ||
| 2012 | 11.3% | +2.57pp | ||
| 2011 | 8.8% | -2.50pp | ||
| 2010 | 11.3% | +3.07pp | ||
| 2009 | 8.2% | +0.63pp | ||
| 2008 | 7.6% | -3.04pp | ||
| 2007 | 10.6% | +0.47pp | ||
| 2006 | 10.1% | -0.18pp | ||
| 2005 | 10.3% | +0.79pp | ||
| 2004 | 9.5% | +2.82pp | ||
| 2003 | 6.7% | -1.30pp | ||
| 2002 | 8.0% | +0.85pp | ||
| 2001 | 7.2% | +0.08pp | ||
| 2000 | 7.1% | +0.47pp | ||
| 1999 | 6.6% | -0.25pp | ||
| 1998 | 6.9% | -1.21pp | ||
| 1997 | 8.1% | +2.52pp | ||
| 1996 | 5.5% | +0.69pp | ||
| 1995 | 4.9% | +0.06pp | ||
| 1994 | 4.8% | -0.29pp | ||
| 1993 | 5.1% | +0.48pp | ||
| 1992 | 4.6% | +0.07pp | ||
| 1991 | 4.5% | +0.15pp | ||
| 1990 | 4.4% | +1.06pp | ||
| 1989 | 3.3% | -1.37pp | ||
| 1988 | 4.7% | -0.29pp | ||
| 1987 | 5.0% | -0.61pp | ||
| 1986 | 5.6% | -0.10pp | ||
| 1985 | 5.7% | — |
- 202520.9%-7.55pp
- 202428.5%+3.73pp
- 202324.7%+1.66pp
- 202223.1%+3.43pp
- 202119.6%-1.83pp
- 202021.5%+6.61pp
- 201914.9%+1.40pp
- 201813.5%-7.86pp
- 201721.3%+9.49pp
- 201611.8%-0.35pp
- 201512.2%-0.88pp
- 201413.1%-0.20pp
- 201313.3%+1.91pp
- 201211.3%+2.57pp
- 20118.8%-2.50pp
- 201011.3%+3.07pp
- 20098.2%+0.63pp
- 20087.6%-3.04pp
- 200710.6%+0.47pp
- 200610.1%-0.18pp
- 200510.3%+0.79pp
- 20049.5%+2.82pp
- 20036.7%-1.30pp
- 20028.0%+0.85pp
- 20017.2%+0.08pp
- 20007.1%+0.47pp
- 19996.6%-0.25pp
- 19986.9%-1.21pp
- 19978.1%+2.52pp
- 19965.5%+0.69pp
- 19954.9%+0.06pp
- 19944.8%-0.29pp
- 19935.1%+0.48pp
- 19924.6%+0.07pp
- 19914.5%+0.15pp
- 19904.4%+1.06pp
- 19893.3%-1.37pp
- 19884.7%-0.29pp
- 19875.0%-0.61pp
- 19865.6%-0.10pp
- 19855.7%—
Net Profit Margin values are taken from Aflac's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Aflac (AFL)
According to Aflac's latest reported financial statements, the company's latest reported net margin is 25.4%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Aflac (AFL) most recent annual net margin stands at 20.91% (2025) – contracted 7.5 percentage points year-over-year.
28.46% stands as the all-time-high annual net margin, posted in 2024, against a low of 3.31% during 1989.
Aflac Net Profit Margin by Year
Aflac Net Profit Margin 2025: 20.9%
Aflac net margin in 2025 was 20.91%, contracted 7.5 percentage points from 2024.
Aflac Net Profit Margin 2024: 28.5%
2024's net margin for Aflac came in at 28.46%, expanded 3.7 percentage points from 2023. This figure represents the highest annual value in the available history.
Aflac Net Profit Margin 2023: 24.7%
Aflac posted net margin of 24.73% in 2023, expanded 1.7 percentage points from 2022.
Aflac Net Profit Margin 2022: 23.1%
In 2022, Aflac reported net margin of 23.07%, expanded 3.4 percentage points from 2021.
Aflac Net Profit Margin 2021: 19.6%
Aflac net margin in 2021 was 19.64%.
See more financial history for Aflac (AFL).
Sector peers by Net Profit Margin
Financial Services peers of Aflac (AFL), ranked by their latest net margin
| 51.7% | |
| 45.9% | |
| 20.7% | |
| 19.3% | |
| 18.1% | |
| 17.3% | |
| 16.3% | |
| 15.1% |
- 51.7%
- 45.9%
- 20.7%
- 17.3%
- 16.3%
- 15.1%
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