Growth Metrics

Aflac (AFL) Operating Margin (2016 - 2026)

Aflac has reported Operating Margin over the past 18 years, most recently at 28.88% for Q1 2026.

  • Quarterly results put Operating Margin at 28.88% for Q1 2026, up 64.0% from a year ago — trailing twelve months through Mar 2026 was 25.95% (down 156.0% YoY), and the annual figure for FY2025 was 23.75%, down 688.0%.
  • Operating Margin reached 28.88% in Q1 2026 per AFL's latest filing, up from 20.0% in the prior quarter.
  • Across five years, Operating Margin topped out at 34.11% in Q3 2024 and bottomed at 18.4% in Q1 2024.
  • Median Operating Margin over the past 5 years was 25.43% (2022), compared with a mean of 24.84%.
  • The largest annual shift saw Operating Margin surged 1383bps in 2024 before it plummeted -1051bps in 2025.
  • Over 5 years, Operating Margin stood at 25.43% in 2022, then grew by 0bps to 25.55% in 2023, then increased by 19bps to 30.5% in 2024, then plummeted by -34bps to 20.0% in 2025, then soared by 44bps to 28.88% in 2026.
  • Business Quant data shows Operating Margin for AFL at 28.88% in Q1 2026, 20.0% in Q4 2025, and 31.64% in Q3 2025.