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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Aflac (AFL) Gross Margin (2016 - 2025)

Aflac's Gross Margin history spans 17 years, with the latest figure at 173.88% for Q4 2025.

  • For Q4 2025, Gross Margin rose 2251.0% year-over-year to 173.88%; the TTM value through Dec 2025 reached 92.69%, down 194.0%, while the annual FY2025 figure was 92.69%, 204.0% down from the prior year.
  • Gross Margin for Q4 2025 was 173.88% at Aflac, up from 69.7% in the prior quarter.
  • Across five years, Gross Margin topped out at 371.0% in Q3 2022 and bottomed at 107.03% in Q4 2022.
  • The 5-year median for Gross Margin is 92.11% (2023), against an average of 93.76%.
  • The largest YoY upside for Gross Margin was 28677bps in 2022 against a maximum downside of -19879bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 91.76% in 2021, then plummeted by -217bps to 107.03% in 2022, then skyrocketed by 186bps to 92.47% in 2023, then surged by 64bps to 151.36% in 2024, then increased by 15bps to 173.88% in 2025.
  • Per Business Quant, the three most recent readings for AFL's Gross Margin are 173.88% (Q4 2025), 69.7% (Q3 2025), and 93.97% (Q2 2025).