Aflac (AFL) Net Margin (2009 - 2026)
Aflac's (AFL) quarterly Net Margin came in at 30.79% in Q1 2026, up 2993.0% year-on-year from 1.0% in Q1 2025, and up 30.15% quarter-over-quarter from 23.65% in Q4 2025.
Aflac (AFL) Net Margin (2009 - 2026) Analysis & Trends
Aflac has disclosed Net Margin across 18 years of filings, most recently posting 30.79% for Q1 2026.
- Net Margin for Q1 2026 came in at 30.79%, up 2993.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.06% (up 619.0% YoY), and the FY2025 annual result was 19.91%, down 1794.0% from the prior year.
- Net Margin came in at 30.79% for Q1 2026 at Aflac, up from 23.65% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 50.38% in Q3 2022 to a low of 3.15% in Q3 2024.
- The 5-year median for Net Margin is 30.79% (2026), against an average of 26.17%.
- Across the five-year window, Net Margin tumbled 3485 bps in 2024 and surged 5176 bps in 2025, its largest moves.
- Aflac's Net Margin stood at 5.56% in 2022, then surged by 42 bps to 7.92% in 2023, then jumped by 486 bps to 46.41% in 2024, then slumped by 49 bps to 23.65% in 2025, then jumped by 30 bps to 30.79% in 2026.
- The last three Net Margin figures came in at 30.79% (Q1 2026), 23.65% (Q4 2025), and 48.61% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 575.36 Bn | 575.36 Bn | - | - |
| 2 | Aflac | 60.03 Bn | 54.38 Bn | 1.48 Bn | 30.79% |
| 3 | Metlife | 56.29 Bn | 40.35 Bn | 256.00 Mn | 9.41% |
| 4 | Unum | 14.92 Bn | 4.96 Bn | 1.40 Bn | 6.91% |
| 5 | Globe Life | 12.80 Bn | 12.12 Bn | 1.45 Bn | 17.35% |
| 6 | Primerica | 8.79 Bn | 8.79 Bn | 770.81 Mn | 21.78% |
| 7 | Jackson Financial | 7.51 Bn | 1.68 Bn | - | -1,553.57% |
| 8 | Lincoln National | 6.95 Bn | -8.74 Bn | 3.25 Bn | -3.88% |
| 9 | CNO Financial | 4.67 Bn | 4.33 Bn | 754.30 Mn | 3.66% |
| 10 | Prudential | 4.24 Bn | 4.24 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.79% |
| Dec 31, 2025 | 23.65% |
| Sep 30, 2025 | 48.61% |
| Jun 30, 2025 | 14.40% |
| Mar 31, 2025 | 0.86% |
| Dec 31, 2024 | 46.41% |
| Sep 30, 2024 | -3.15% |
| Jun 30, 2024 | 34.16% |
| Mar 31, 2024 | 34.57% |
| Dec 31, 2023 | 7.92% |
| Sep 30, 2023 | 31.70% |
| Jun 30, 2023 | 31.59% |
| Mar 31, 2023 | 24.75% |
| Dec 31, 2022 | 5.56% |
| Sep 30, 2022 | 50.38% |
| Jun 30, 2022 | 37.04% |
| Mar 31, 2022 | 25.67% |
| Dec 31, 2021 | 19.35% |
| Sep 30, 2021 | 16.96% |
| Jun 30, 2021 | 19.86% |