Aflac (AFL)
Financials · Supplemental health insurance
Leading provider of supplemental insurance coverage that fills gaps in health protection for employed individuals and their families.
What Aflac does
Aflac is a major supplemental health insurance carrier that provides workers with additional financial protection beyond standard medical coverage. The company operates primarily in the U.S. market, competing on product features, claims service model, distribution capabilities, and brand awareness. Aflac's supplemental policies help employees manage out-of-pocket medical costs and income loss due to accidents and illnesses. The company is highly profitable, with net margins exceeding 25% and a competitive market position strengthened by employer relationships and distribution networks.
Themes: ["Supplemental insurance","Employee benefits","Income protection","Health coverage gaps","Workplace wellness"]
Fundamentals
- Price$121.99 as of 2026-07-09 close
- Market cap$62.0B as of 2026-07-10
- 1-year return+19.7% as of 2026-07-09 close
- P/E13.37 as of 2026-07-10
- Net margin+25.6% as of 2026-07-10
- ROE+16.1% as of 2026-07-10
- Debt / equity0.26 as of 2026-07-10
- Revenue growth (YoY)+7.3% as of 2026-07-10
- Revenue CAGR (3y)-3.6% SEC XBRL
- Beta0.61 as of 2026-07-10
Dividend: yield +2.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Increased competitive pressure from major medical carriers bundling and discounting products to gain market share in supplemental segments","Morbidity assumption sensitivity: changes in claimed loss experience of ±100 basis points impact future policy benefit reserves by ~$300 million","Regulatory restrictions on dividend payments from insurance subsidiaries and intercompany transactions, subject to state insurance department approval"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.