Aflac Inc.

AFL ·Financial, Insurance - Health, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $21.76B $21.67B $22.56B $20.87B $22.73B $23.94B $25.36B $22.17B
Premiums $18.68B $18.53B $19.23B
Net investment income $3.44B $3.22B $3.28B
Net investment gains (losses) $-430.0M $-151.0M $-123.0M
Other income $69.0M $67.0M $179.0M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $2.99B $2.78B $2.80B $2.61B $2.26B $2.22B $2.42B $2.34B
Operating Income $4.35B $4.09B $4.12B $4.00B $4.25B $4.40B $4.66B $4.50B
Operating Margin 20.0% 18.9% 18.2% 19.2% 18.7% 18.4% 18.4% 20.3%
Interest Expense $222.0M $240.0M $268.0M $289.0M $317.0M $293.0M $261.0M $196.0M
Pretax Income $3.98B $4.02B $4.07B $3.86B $4.49B $4.82B $4.30B $2.95B
Income Tax Expense $1.06B $-586.0M $1.41B $1.33B $1.54B $1.66B $1.44B $1.01B
Net Income $2.92B $4.60B $2.66B $2.53B $2.95B $3.16B $2.87B $1.94B
Net Margin 13.4% 21.2% 11.8% 12.1% 13.0% 13.2% 11.3% 8.7%
EPS (Basic) $3.79 $5.81 $3.23 $5.88 $6.54 $6.80 $6.14 $4.16
EPS (Diluted) $3.77 $5.77 $3.21 $5.85 $6.50 $6.76 $6.11 $4.12
Shares Outstanding (Basic) 769.6M 792.0M 822.9M 430.7M 451.2M 464.5M 466.9M 466.5M
Shares Outstanding (Diluted) 774.7M 797.9M 827.8M 433.2M 454.0M 467.4M 469.3M 469.4M
Dividends Per Share
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