Aflac (AFL) Tax Rate (2009 - 2026)

Aflac's (AFL) quarterly Tax Rate came in at 16.82% in Q1 2026, down 6318.0% year-on-year from 0.27% in Q1 2025, and down 37.21% quarter-over-quarter from 26.78% in Q4 2025.

Aflac (AFL) Tax Rate (2009 - 2026) Analysis & Trends

Aflac has disclosed Tax Rate across 18 years of filings, most recently posting 16.82% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 16.82%, down 6318.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.47% (down 481.0% YoY), and the FY2025 annual result was 24.6%, up 387.0% from the prior year.
  • Tax Rate came in at 16.82% for Q1 2026 at Aflac, down from 26.78% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 201.09% in Q3 2024 to a low of 34.01% in Q3 2022.
  • The 5-year median for Tax Rate is 17.8% (2025), against an average of 31.35%.
  • Across the five-year window, Tax Rate soared 18801 bps in 2024 and tumbled 18328 bps in 2025, its largest moves.
  • Aflac's Tax Rate stood at 63.57% in 2022, then sank by 89 bps to 7.27% in 2023, then surged by 280 bps to 27.59% in 2024, then slipped by 3 bps to 26.78% in 2025, then plunged by 37 bps to 16.82% in 2026.
  • The last three Tax Rate figures came in at 16.82% (Q1 2026), 26.78% (Q4 2025), and 17.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Manulife Financial 568.62 Bn 568.62 Bn - -
2 Aflac 59.20 Bn 53.55 Bn 1.48 Bn 16.82%
3 Metlife 55.45 Bn 39.51 Bn 256.00 Mn 22.89%
4 Unum 14.44 Bn 4.48 Bn 1.40 Bn 23.36%
5 Globe Life 12.48 Bn 11.80 Bn 1.45 Bn 19.04%
6 Primerica 8.62 Bn 8.62 Bn 770.81 Mn 23.78%
7 Jackson Financial 7.51 Bn 1.67 Bn - -5.00%
8 Lincoln National 6.79 Bn -8.89 Bn 3.25 Bn 30.08%
9 CNO Financial 4.58 Bn 4.24 Bn 754.30 Mn 22.11%
10 Prudential 4.22 Bn 4.22 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 16.82%
Mar 31, 2026 16.82%
Dec 31, 2025 26.78%
Dec 31, 2025 26.78%
Sep 30, 2025 17.80%
Sep 30, 2025 17.80%
Jun 30, 2025 27.13%
Jun 30, 2025 27.13%
Mar 31, 2025 80.00%
Mar 31, 2025 80.00%
Dec 31, 2024 27.59%
Dec 31, 2024 27.59%
Sep 30, 2024 201.09%
Sep 30, 2024 201.09%
Jun 30, 2024 13.08%
Jun 30, 2024 13.08%
Mar 31, 2024 13.41%
Mar 31, 2024 13.41%
Dec 31, 2023 7.27%
Dec 31, 2023 7.27%