Aflac (AFL) Change in Taxes (2009 - 2026)

Aflac's (AFL) quarterly Change in Taxes came in at $224.0 million in Q1 2026, up 91.45% year-on-year from $117.0 million in Q1 2025, and up 160.54% quarter-over-quarter from -$370.0 million in Q4 2025.

Aflac (AFL) Change in Taxes (2009 - 2026) Analysis & Trends

Aflac has disclosed Change in Taxes across 17 years of filings, most recently posting $224.0 million for Q1 2026.

  • Change in Taxes for Q1 2026 came in at $224.0 million, up 91.45% year-over-year; the trailing twelve-month figure through Mar 2026 was -$171.0 million (up 69.84% YoY), and the FY2025 annual result was -$278.0 million, up 29.26% from the prior year.
  • Change in Taxes came in at $224.0 million for Q1 2026 at Aflac, up from -$370.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $359.0 million in Q3 2025 to a low of -$678.0 million in Q4 2023.
  • The 5-year median for Change in Taxes is -$18.0 million (2022), against an average of -$113.1 million.
  • Across the five-year window, Change in Taxes plunged 3666.67% in 2023 and soared 128.66% in 2025, its largest moves.
  • Aflac's Change in Taxes stood at -$18.0 million in 2022, then slumped by 3666.67% to -$678.0 million in 2023, then jumped by 51.47% to -$329.0 million in 2024, then decreased by 12.46% to -$370.0 million in 2025, then surged by 160.54% to $224.0 million in 2026.
  • The last three Change in Taxes figures came in at $224.0 million (Q1 2026), -$370.0 million (Q4 2025), and $359.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Manulife Financial 568.62 Bn 568.62 Bn - -
2 Aflac 59.20 Bn 53.55 Bn 1.48 Bn 224.00 Mn
3 Metlife 55.45 Bn 39.51 Bn 256.00 Mn -
4 Unum 14.44 Bn 4.48 Bn 1.40 Bn 71.20 Mn
5 Globe Life 12.48 Bn 11.80 Bn 1.45 Bn -
6 Primerica 8.62 Bn 8.62 Bn 770.81 Mn -52.09 Mn
7 Jackson Financial 7.51 Bn 1.67 Bn - -
8 Lincoln National 6.79 Bn -8.89 Bn 3.25 Bn -74.00 Mn
9 CNO Financial 4.58 Bn 4.24 Bn 754.30 Mn -
10 Prudential 4.22 Bn 4.22 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 224.00 Mn
Mar 31, 2026 224.00 Mn
Dec 31, 2025 -370.00 Mn
Dec 31, 2025 -370.00 Mn
Sep 30, 2025 359.00 Mn
Sep 30, 2025 359.00 Mn
Jun 30, 2025 -384.00 Mn
Jun 30, 2025 -384.00 Mn
Mar 31, 2025 117.00 Mn
Mar 31, 2025 117.00 Mn
Dec 31, 2024 -329.00 Mn
Dec 31, 2024 -329.00 Mn
Sep 30, 2024 157.00 Mn
Sep 30, 2024 157.00 Mn
Jun 30, 2024 -512.00 Mn
Jun 30, 2024 -512.00 Mn
Mar 31, 2024 291.00 Mn
Mar 31, 2024 291.00 Mn
Dec 31, 2023 -678.00 Mn
Dec 31, 2023 -678.00 Mn