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Aflac Incorporated

AFL

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
19,128
Cost of Revenue
12,313
Gross Profit
6,815
Gross Margin
35.6%
Operating Income
6,417
Operating Margin
33.5%
Net Income
5,443
Net Margin
28.5%
EPS (Basic)
$9.68
EPS (Diluted)
$9.63
EBITDA
6,417
EBITDA Margin
33.5%

2023

12/31/2023

Revenue
18,841
Cost of Revenue
0
Gross Profit
18,841
Gross Margin
100.0%
Operating Income
5,262
Operating Margin
27.9%
Net Income
4,659
Net Margin
24.7%
EPS (Basic)
$7.81
EPS (Diluted)
$7.78
EBITDA
5,262
EBITDA Margin
27.9%

2022

12/31/2022

Revenue
19,151
Cost of Revenue
0
Gross Profit
19,151
Gross Margin
100.0%
Operating Income
4,869
Operating Margin
25.4%
Net Income
4,418
Net Margin
23.1%
EPS (Basic)
$6.96
EPS (Diluted)
$6.93
EBITDA
4,869
EBITDA Margin
25.4%

2021

12/31/2021

Revenue
21,546
Cost of Revenue
0
Gross Profit
21,546
Gross Margin
100.0%
Operating Income
5,208
Operating Margin
24.2%
Net Income
4,231
Net Margin
19.6%
EPS (Basic)
$6.42
EPS (Diluted)
$6.39
EBITDA
5,208
EBITDA Margin
24.2%

2020

12/31/2020

Revenue
22,261
Cost of Revenue
0
Gross Profit
22,261
Gross Margin
100.0%
Operating Income
4,159
Operating Margin
18.7%
Net Income
4,778
Net Margin
21.5%
EPS (Basic)
$6.69
EPS (Diluted)
$6.67
EBITDA
4,159
EBITDA Margin
18.7%