Aflac (AFL) Tax Rate (2009 - 2026)
Aflac (AFL) posted Tax Rate of 17.09% for Q2 2026, down 10.04 percentage points from 27.13% a year earlier but up 0.27 percentage points from the prior quarter.
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Analysis
Aflac (AFL) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Aflac was 15.97%, down 7.73 percentage points year-over-year; for FY2025, it was 19.57%, up 4.39 percentage points from FY2024.
- Annual Tax Rate has increased for three consecutive years, with a five-year change of +34.45 percentage points (FY2020 to FY2025).
- In prior years, Aflac's Tax Rate was 15.18% in FY2024 (+3.72 pp), 11.46% in FY2023 (+2.20 pp), 9.26% in FY2022 (-9.50 pp) and 18.76% in FY2021 (+33.64 pp).
- Quarterly Tax Rate has run from a low of -34.01% in Q3 2022 to a high of 201.09% in Q3 2024 over five years.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +2.14 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2024, with a gain of 188.01 percentage points; the weakest was Q3 2025, with a drop of 183.28 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 16.82% (Q1 2026), 12.28% (Q4 2025) and 17.80% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.95 Bn | 84.53 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 133.16 Bn | 109.00 Bn | 9.04 Bn | 21.34% |
| 3 | Marsh & Mclennan Companies | 94.10 Bn | 86.26 Bn | - | 21.39% |
| 4 | Travelers Companies | 84.04 Bn | 60.29 Bn | 6.23 Bn | 20.20% |
| 5 | Manulife Financial | 75.53 Bn | -19.36 Bn | - | - |
| 6 | Arthur J. Gallagher | 68.97 Bn | 63.38 Bn | - | 21.74% |
| 7 | Allstate | 64.94 Bn | 26.21 Bn | 8.73 Bn | 21.03% |
| 8 | Aon | 64.64 Bn | 57.86 Bn | - | 21.96% |
| 9 | Metlife | 63.41 Bn | -43.37 Bn | 7.82 Bn | 24.73% |
| 10 | Aflac | 60.72 Bn | 35.94 Bn | 2.27 Bn | 17.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.09% |
| Mar 31, 2026 | 16.82% |
| Dec 31, 2025 | 12.28% |
| Sep 30, 2025 | 17.80% |
| Jun 30, 2025 | 27.13% |
| Mar 31, 2025 | 80.00% |
| Dec 31, 2024 | 10.91% |
| Sep 30, 2024 | 201.09% |
| Jun 30, 2024 | 13.08% |
| Mar 31, 2024 | 13.41% |
| Dec 31, 2023 | 7.27% |
| Sep 30, 2023 | 13.07% |
| Jun 30, 2023 | 10.47% |
| Mar 31, 2023 | 11.48% |
| Dec 31, 2022 | 63.57% |
| Jun 30, 2022 | 18.38% |
| Mar 31, 2022 | 19.09% |
| Dec 31, 2021 | 15.47% |
| Sep 30, 2021 | 20.22% |
| Jun 30, 2021 | 19.52% |
API Access
Aflac Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=AFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "AFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=AFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();