Aflac (AFL) Net Margin (2009 - 2026)
Aflac's (AFL) quarterly Net Margin came in at 20.04% in Q2 2026, up 564.0% year-over-year from 3.02% in Q2 2025, and down 14.53% quarter-over-quarter from 23.45% in Q1 2026.
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Aflac (AFL) Net Margin (2009 - 2026) Analysis & Trends
Aflac has disclosed Net Margin across 18 years of filings, most recently posting 20.04% for Q2 2026.
- In Q2 2026, Net Margin rose 564.0% year-over-year to 20.04%; the TTM figure through Jun 2026 stood at 25.65% (up 1287.0% YoY), while the FY2025 annual figure was 19.91%, down 696.0% from the prior year.
- Net Margin came in at 20.04% for Q2 2026 at Aflac, down from 23.45% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 37.86% in Q3 2022 to a low of 2.79% in Q3 2024.
- Average Net Margin over 5 years is 22.0%, with a median of 24.2% recorded in 2025.
- Year-over-year, Net Margin plunged 3449 bps in 2024 and surged 3737 bps in 2025.
- Over 5 years, Net Margin stood at 4.96% in 2022, then soared by 43 bps to 7.1% in 2023, then surged by 303 bps to 28.61% in 2024, then slipped by 17 bps to 23.65% in 2025, then slipped by 15 bps to 20.04% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 20.04% in Q2 2026, 23.45% in Q1 2026, and 23.65% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 132.06 Bn | 118.29 Bn | 9.13 Bn | 18.22% |
| 2 | Progressive | 126.64 Bn | 121.64 Bn | 9.04 Bn | 14.02% |
| 3 | Travelers Companies | 77.49 Bn | 53.74 Bn | 6.23 Bn | 18.17% |
| 4 | Allstate | 65.46 Bn | 26.73 Bn | 16.28 Bn | 17.43% |
| 5 | Aflac | 58.15 Bn | -44.86 Bn | 2.27 Bn | 20.04% |
| 6 | American International | 39.93 Bn | 2.12 Bn | 3.50 Bn | 13.38% |
| 7 | Hartford Insurance | 37.54 Bn | 21.23 Bn | 3.18 Bn | 17.80% |
| 8 | Cincinnati Financial | 26.31 Bn | 24.42 Bn | 2.39 Bn | 29.36% |
| 9 | Markel | 22.49 Bn | 5.61 Bn | 2.83 Bn | 29.09% |
| 10 | Loews | 22.42 Bn | 121.05 Mn | 2.57 Bn | 9.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.04% |
| Mar 31, 2026 | 23.45% |
| Dec 31, 2025 | 23.65% |
| Sep 30, 2025 | 34.58% |
| Jun 30, 2025 | 14.40% |
| Mar 31, 2025 | 0.85% |
| Dec 31, 2024 | 28.61% |
| Sep 30, 2024 | -2.79% |
| Jun 30, 2024 | 34.16% |
| Mar 31, 2024 | 34.57% |
| Dec 31, 2023 | 7.10% |
| Sep 30, 2023 | 31.70% |
| Jun 30, 2023 | 31.59% |
| Mar 31, 2023 | 24.75% |
| Dec 31, 2022 | 4.96% |
| Sep 30, 2022 | 37.86% |
| Jun 30, 2022 | 26.23% |
| Mar 31, 2022 | 20.24% |
| Dec 31, 2021 | 16.93% |
| Sep 30, 2021 | 16.96% |