Aflac (AFL) Non Operating Interest Expenses (2009 - 2024)
Aflac's (AFL) quarterly Non Operating Interest Expenses came in at $50.0 million in Q2 2024, down 1.96% year-over-year from $51.0 million in Q3 2023, and up 6.38% quarter-over-quarter from $47.0 million in Q1 2024.
Analysis
Aflac (AFL) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Aflac has disclosed Non Operating Interest Expenses across 16 years of filings, most recently posting $50.0 million for Q2 2024.
- In Q2 2024, Non Operating Interest Expenses fell 1.96% year-over-year to $50.0 million; the TTM figure through Jun 2024 stood at $193.0 million (down 9.39% YoY), while the FY2024 annual figure was $189.0 million, down 3.08% from the prior year.
- Non Operating Interest Expenses came in at $50.0 million for Q2 2024 at Aflac, up from $47.0 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $63.0 million in Q2 2020 to a low of $47.0 million in Q4 2023.
- Average Non Operating Interest Expenses over 5 years is $55.4 million, with a median of $55.5 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses gained 12.73% in 2021 and slipped 16.95% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $61.0 million in 2020, then decreased by 6.56% to $57.0 million in 2021, then declined by 3.51% to $55.0 million in 2022, then declined by 14.55% to $47.0 million in 2023, then advanced by 6.38% to $50.0 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $50.0 million in Q2 2024, $47.0 million in Q1 2024, and $47.0 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,099.61 Bn | 774.90 Bn | 55.86 Bn | 1.34 Bn |
| 2 | Chubb | 130.42 Bn | 122.12 Bn | 9.13 Bn | 200.00 Mn |
| 3 | Progressive | 126.50 Bn | 121.50 Bn | 9.04 Bn | 88.00 Mn |
| 4 | Travelers Companies | 78.28 Bn | 54.52 Bn | 6.23 Bn | 113.00 Mn |
| 5 | Allstate | 64.42 Bn | 25.67 Bn | 16.28 Bn | - |
| 6 | Aflac | 57.90 Bn | -45.11 Bn | 2.27 Bn | - |
| 7 | Fairfax Financial Holdings | 49.20 Bn | 53.91 Bn | - | -219.10 Mn |
| 8 | American International | 39.53 Bn | 1.73 Bn | 3.50 Bn | 100.00 Mn |
| 9 | Hartford Insurance | 36.93 Bn | 20.62 Bn | 3.18 Bn | 50.00 Mn |
| 10 | Cincinnati Financial | 26.06 Bn | 24.17 Bn | 2.39 Bn | 14.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 50.00 Mn |
| Mar 31, 2024 | 47.00 Mn |
| Dec 31, 2023 | 47.00 Mn |
| Sep 30, 2023 | 49.00 Mn |
| Jun 30, 2023 | 51.00 Mn |
| Mar 31, 2023 | 48.00 Mn |
| Dec 31, 2022 | 55.00 Mn |
| Sep 30, 2022 | 59.00 Mn |
| Jun 30, 2022 | 55.00 Mn |
| Mar 31, 2022 | 56.00 Mn |
| Dec 31, 2021 | 57.00 Mn |
| Sep 30, 2021 | 57.00 Mn |
| Jun 30, 2021 | 62.00 Mn |
| Mar 31, 2021 | 62.00 Mn |
| Dec 31, 2020 | 61.00 Mn |
| Sep 30, 2020 | 63.00 Mn |
| Jun 30, 2020 | 63.00 Mn |
| Mar 31, 2020 | 55.00 Mn |
| Dec 31, 2019 | 57.00 Mn |
| Sep 30, 2019 | 57.00 Mn |