TTM
$5.64B
YoY change
-27.7%
5Y CAGR
+2.2%
Peak year (2024)
$6.42B
Cumulative operating income
$96.01B
Operating Income history chart for Aflac (AFL) from 1985 to 2025
Latest: $4.64B
Operating Income growth chart for Aflac (AFL) from 1985 to 2025
Latest: -27.7%
Operating Income history table for Aflac (AFL) from 1985 to 2025
| 2025 | $4.64B | -27.7% | −$1.78B | ||
| 2024 | $6.42B | +21.9% | +$1.16B | ||
| 2023 | $5.26B | +8.1% | +$393.00M | ||
| 2022 | $4.87B | -6.5% | −$339.00M | ||
| 2021 | $5.21B | +25.2% | +$1.05B | ||
| 2020 | $4.16B | -6.4% | −$286.00M | ||
| 2019 | $4.45B | +11.6% | +$462.00M | ||
| 2018 | $3.98B | -0.9% | −$35.00M | ||
| 2017 | $4.02B | -1.2% | −$49.00M | ||
| 2016 | $4.07B | +5.3% | +$205.00M | ||
| 2015 | $3.86B | -14.0% | −$629.00M | ||
| 2014 | $4.49B | -6.7% | −$325.00M | ||
| 2013 | $4.82B | +11.9% | +$514.00M | ||
| 2012 | $4.30B | +45.8% | +$1.35B | ||
| 2011 | $2.95B | -17.2% | −$611.00M | ||
| 2010 | $3.56B | +59.3% | +$1.33B | ||
| 2009 | $2.23B | +16.8% | +$321.00M | ||
| 2008 | $1.91B | -23.4% | −$585.00M | ||
| 2007 | $2.50B | +10.4% | +$235.00M | ||
| 2006 | $2.26B | +1.7% | +$38.00M | ||
| 2005 | $2.23B | +25.5% | +$453.00M | ||
| 2004 | $1.77B | +48.0% | +$575.00M | ||
| 2003 | $1.20B | -4.8% | −$61.00M | ||
| 2002 | $1.26B | +16.5% | +$178.00M | ||
| 2001 | $1.08B | +6.8% | +$69.00M | ||
| 2000 | $1.01B | +30.1% | +$234.00M | ||
| 1999 | $778.00M | +41.2% | +$227.00M | ||
| 1998 | $551.00M | — | +$551.00M | ||
| 1997 | $0.00 | — | $0.00 | ||
| 1996 | $0.00 | — | $0.00 | ||
| 1995 | $0.00 | -100.0% | −$504.34M | ||
| 1994 | $504.34M | -88.6% | −$3.93B | ||
| 1993 | $4.44B | — | +$4.44B | ||
| 1992 | $0.00 | — | $0.00 | ||
| 1991 | $0.00 | — | $0.00 | ||
| 1990 | $0.00 | — | $0.00 | ||
| 1989 | $0.00 | — | $0.00 | ||
| 1988 | $0.00 | — | $0.00 | ||
| 1987 | $0.00 | — | $0.00 | ||
| 1986 | $0.00 | — | $0.00 | ||
| 1985 | $0.00 | — | — |
- 2025$4.64B-27.7%
- 2024$6.42B+21.9%
- 2023$5.26B+8.1%
- 2022$4.87B-6.5%
- 2021$5.21B+25.2%
- 2020$4.16B-6.4%
- 2019$4.45B+11.6%
- 2018$3.98B-0.9%
- 2017$4.02B-1.2%
- 2016$4.07B+5.3%
- 2015$3.86B-14.0%
- 2014$4.49B-6.7%
- 2013$4.82B+11.9%
- 2012$4.30B+45.8%
- 2011$2.95B-17.2%
- 2010$3.56B+59.3%
- 2009$2.23B+16.8%
- 2008$1.91B-23.4%
- 2007$2.50B+10.4%
- 2006$2.26B+1.7%
- 2005$2.23B+25.5%
- 2004$1.77B+48.0%
- 2003$1.20B-4.8%
- 2002$1.26B+16.5%
- 2001$1.08B+6.8%
- 2000$1.01B+30.1%
- 1999$778.00M+41.2%
- 1998$551.00M—
- 1997$0.00—
- 1996$0.00—
- 1995$0.00-100.0%
- 1994$504.34M-88.6%
- 1993$4.44B—
- 1992$0.00—
- 1991$0.00—
- 1990$0.00—
- 1989$0.00—
- 1988$0.00—
- 1987$0.00—
- 1986$0.00—
- 1985$0.00—
Operating Income 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 Operating Income at Aflac (AFL)
According to Aflac's latest reported financial statements, the company's current operating income (TTM) is $5.64B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Aflac (AFL) operating income is $4.64B – declined 27.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Aflac operating income compounded at +2.2% per year, with mixed annual results across the window.
Between 2024 and 2025, Aflac operating income declined 27.7%, falling from $6.42B to $4.64B.
2024 marks the peak operating income at $6.42B, with the historical low of $0.00 recorded in 1985.
Aflac Operating Income by Year
Aflac Operating Income 2025: $4.64B
2025's operating income for Aflac came in at $4.64B, declined 27.7% below 2024.
Aflac Operating Income 2024: $6.42B
Aflac posted operating income of $6.42B in 2024, grew 21.9% from 2023. This figure represents the highest annual value in the available history.
Aflac Operating Income 2023: $5.26B
In 2023, Aflac reported operating income of $5.26B, grew 8.1% from 2022.
Aflac Operating Income 2022: $4.87B
Aflac operating income in 2022 was $4.87B, declined 6.5% below 2021.
Aflac Operating Income 2021: $5.21B
Aflac operating income in 2021 was $5.21B.
See more financial history for Aflac (AFL).
Sector peers by Operating Income
Financial Services peers of Aflac (AFL), ranked by their latest operating income
| $72.59B | |
| $58.88B | |
| $37.70B | |
| $25.20B | |
| $23.99B | |
| $21.95B | |
| $21.85B | |
| $19.40B |
- $72.59B
- $58.88B
- $37.70B
- $25.20B
- $23.99B
- $21.95B
- $21.85B
- $19.40B
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