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Finance

Aflac, Inc.

Business Summary

Aflac, Inc. is a holding company, which engages in the provision financial protection services. It operates through the Aflac Japan and Aflac United States (U.S.) segments. 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, Daniel Paul Amos, and William Amos on November 17, 1955 and is headquartered in Columbus, GA.

Financial Highlights

Dec 2018 JPYUSD
Revenue2,450.39B22,186.99M
Gross Profit----
Operating income473,357.88M4,285.99M
Income before tax439,893.71M3,982.99M
Net income322,493.00M2,919.99M
EBITDA----
Diluted EPS416.363.77
Dividends Per Share114.861.03
Total Assets15,974.17B145,597.00M
Total liabilities13,400.04B122,135.00M
Total equity2,574.13B23,462.00M
Operating cash flow664,203.05M6,013.99M
Currency in JPYCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 2,405.75B 2,546.59B 2,487.96B 2,445.97B 2,450.39B
Gross Profit -- -- -- -- --
Operating income 512,208.15M 548,907.91M 494,941.26M 483,071.88M 473,357.88M
Income before tax 475,372.35M 467,552.35M 441,915.72M 450,553.11M 439,893.71M
Net income 312,363.35M 306,657.20M 288,924.00M 516,263.44M 322,493.00M
EBITDA -- -- -- -- --
Diluted EPS 344.01 354.11 348.79 647.01 416.36
Dividends Per Share 79.38 95.64 90.18 97.55 114.86
Total Assets 14,602.73B 14,471.12B 15,355.81B 16,049.92B 15,974.17B
Total liabilities 12,403.01B 12,340.94B 12,966.89B 13,278.95B 13,400.04B
Total equity 2,199.71B 2,130.18B 2,388.91B 2,770.96B 2,574.13B
Operating cash flow 693,317.50M 820,335.25M 650,540.80M 687,155.17M 664,203.05M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 22,728.00M 21,035.00M 22,896.99M 21,813.00M 22,186.99M
Gross Profit -- -- -- -- --
Operating income 4,839.00M 4,534.00M 4,554.99M 4,308.00M 4,285.99M
Income before tax 4,491.00M 3,862.00M 4,066.99M 4,018.00M 3,982.99M
Net income 2,951.00M 2,533.00M 2,658.99M 4,604.00M 2,919.99M
EBITDA -- -- -- -- --
Diluted EPS 3.25 2.92 3.21 5.77 3.77
Dividends Per Share 0.75 0.79 0.82 0.87 1.03
Total Assets 121,796.00M 120,297.00M 131,656.99M 142,476.00M 145,597.00M
Total liabilities 103,449.00M 102,589.00M 111,174.99M 117,878.00M 122,135.00M
Total equity 18,347.00M 17,708.00M 20,481.99M 24,598.00M 23,462.00M
Operating cash flow 6,550.00M 6,776.00M 5,986.99M 6,128.00M 6,013.99M

Valuation Measures

Dec 2018
PER12.00
ROA2.01%
ROE12.06%
Operating margin19.31%
Profit margin13.16%

Key executives

  • Chairman, President & Chief Executive Officer: Dan Amos
  • Chief Operating Officer & Executive Vice President: Virgil R. Miller
  • Chief Financial Officer & Executive Vice President: Frederick John Crawford
  • Senior VP, Chief Information & Technology Officer: J. Peter Kelso
  • Chief Information Officer & Senior Vice President: Julia K. Davis

Shareholders

  • The Vanguard Group, Inc. (9.1%)
  • BlackRock Fund Advisors (5.5%)
  • SSgA Funds Management, Inc. (5.4%)
  • Japan Post Holdings Co. Ltd. (5.0%)
  • Wells Fargo Clearing Services LLC (1.6%)
  • Geode Capital Management LLC (1.4%)
  • Fidelity Management & Research Co. (1.2%)
  • APG Asset Management NV (1.2%)
  • Northern Trust Investments, Inc.(Investment Management) (1.2%)
  • AQR Capital Management LLC (1.2%)

Contact Details

Related Companies

  • Aflac US Group (DSG)
  • Aflac, Inc. (DSG)
  • Argus Holdings LLC
  • NIO Innovative Technologies Ltd.
  • Tier One Insurance Co.
  • Aflac Holdings LLC
  • Nebraska Life Assurance Co.
  • Aflac Corporate Ventures LLC
  • Aflac International, Inc. (Georgia)
  • Octagon Delaware Trust 2011
  • AFLAC (Ohio)
  • Aflac Information Technology, Inc.
  • AFLAC (Arkansas)
  • Aflac (Maryland)
  • AFLAC Baltimore
  • American Family Life Assurance Co. (Japan)
  • Continental American Insurance Co.
  • Aflac International, Inc.
  • Aflac Japan Co., Ltd.
  • American Family Life Assurance Company of Columbus

Competitors

  • Aegon N.V.
Last Updated on 14 Nov, 2019

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