Aflac (AFL) Gross Margin (2009 - 2026)
Aflac's (AFL) quarterly Gross Margin came in at 55.02% in Q2 2026, up 333.0% year-over-year from 12.71% in Q2 2025, and down 4.89% quarter-over-quarter from 57.85% in Q1 2026.
Powered by 
Analysis
Aflac (AFL) Gross Margin (2009 - 2026) Analysis & Trends
Aflac has disclosed Gross Margin across 18 years of filings, most recently posting 55.02% for Q2 2026.
- In Q2 2026, Gross Margin rose 333.0% year-over-year to 55.02%; the TTM figure through Jun 2026 stood at 61.14% (up 702.0% YoY), while the FY2025 annual figure was 57.51%, down 313.0% from the prior year.
- Gross Margin came in at 55.02% for Q2 2026 at Aflac, down from 57.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 69.7% in Q3 2025 to a low of 42.76% in Q1 2025.
- Average Gross Margin over 5 years is 56.36%, with a median of 56.54% recorded in 2022.
- Year-over-year, Gross Margin surged 2009 bps in 2024 and sank 2026 bps in 2025.
- Over 5 years, Gross Margin stood at 47.97% in 2022, then fell by 8 bps to 44.32% in 2023, then jumped by 45 bps to 64.41% in 2024, then slipped by 5 bps to 60.91% in 2025, then decreased by 10 bps to 55.02% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 55.02% in Q2 2026, 57.85% in Q1 2026, and 60.91% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,090.02 Bn | 765.31 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 131.71 Bn | 123.42 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 127.28 Bn | 122.28 Bn | 9.04 Bn | 38.28% |
| 4 | Travelers Companies | 77.04 Bn | 53.29 Bn | 6.23 Bn | 51.27% |
| 5 | Allstate | 65.93 Bn | 27.18 Bn | 16.28 Bn | 87.55% |
| 6 | Aflac | 58.87 Bn | -44.13 Bn | 2.27 Bn | 55.02% |
| 7 | American International | 39.98 Bn | 2.19 Bn | 3.50 Bn | 49.41% |
| 8 | Hartford Insurance | 37.48 Bn | 21.16 Bn | 3.18 Bn | 43.81% |
| 9 | Cincinnati Financial | 26.26 Bn | 24.37 Bn | 2.39 Bn | 55.85% |
| 10 | Markel | 22.63 Bn | 6.21 Bn | 2.83 Bn | 70.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.02% |
| Mar 31, 2026 | 57.85% |
| Dec 31, 2025 | 60.91% |
| Sep 30, 2025 | 69.70% |
| Jun 30, 2025 | 51.68% |
| Mar 31, 2025 | 42.76% |
| Dec 31, 2024 | 64.41% |
| Sep 30, 2024 | 52.07% |
| Jun 30, 2024 | 62.61% |
| Mar 31, 2024 | 63.02% |
| Dec 31, 2023 | 44.32% |
| Sep 30, 2023 | 62.42% |
| Jun 30, 2023 | 59.44% |
| Mar 31, 2023 | 55.21% |
| Dec 31, 2022 | 47.97% |
| Sep 30, 2022 | 55.87% |
| Jun 30, 2022 | 57.22% |
| Mar 31, 2022 | 52.00% |
| Dec 31, 2021 | 49.22% |
| Sep 30, 2021 | 50.18% |