OverviewSuggest Edit

Aflac (American Family Life Assurance Company) is a financial services company that offers supplemental and renewable insurance solutions. It provides a range of insurance products to individuals and families, employers, brokers, and agents. Its product portfolio includes accident, cancer, critical illness, life, hospital, short-term disability, dental, and vision insurance policies. The company also offers services to employers, including cafeteria plans, policyholder change plans, COBRA administration, commuter spending accounts, HSA and HRA incentives, and enrollment solutions.
TypePublic
Founded1955
HQColumbus, GA, US
Websiteaflac.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)12,447(+4%)
Job Openings141
Revenue (FY, 2021)$22.1 B
Share Price (May 2022)$56.2
Cybersecurity ratingBMore
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Key People/Management at Aflac

Daniel P. Amos

Daniel P. Amos

Chairman, Chief Executive Officer
Frederick J. Crawford

Frederick J. Crawford

President, Chief Operating Officer
Max K. Brodén

Max K. Brodén

Executive Vice President, Chief Financial Officer
Masatoshi Koide

Masatoshi Koide

President and Representative Director, Aflac Life Insurance Japan
Charles D. Lake

Charles D. Lake

President, Aflac International, Chairman and Representative Director, Aflac Life Insurance Japan
Teresa L. White

Teresa L. White

President, Aflac U.S.
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Aflac Office Locations

Aflac has offices in Columbus and Columbia
Columbus, GA, US (HQ)
1932 Wynnton Rd
Columbia, SC, US
1600 Williams St
Show all (2)

Aflac Financials and Metrics

Aflac Revenue

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View revenue for all periods
Aflac's revenue was reported to be $22.11 b in FY, 2021 which is a 0.2% decrease from the previous period.
USD

Revenue (FY, 2021)

22.1b

Revenue growth (FY, 2020 - FY, 2021), %

(0.2%)

Gross profit (FY, 2021)

11.5b

Gross profit margin (FY, 2021), %

52.2%

Net income (FY, 2021)

4.3b

Market capitalization (16-May-2022)

37.2b

Closing stock price (16-May-2022)

56.2

Cash (31-Dec-2021)

5.1b

EV

40.1b
Aflac's current market capitalization is $37.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

21.8b22.3b22.1b22.1b

Revenue growth, %

3%(1%)0%

Cost of goods sold

12.0m11.9b11.8b10.6b

Gross profit

21.7b10.4b10.4b11.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

5.5b5.6b5.6b5.7b5.5b5.5b5.2b5.4b5.7b5.9b5.6b5.2b

Cost of goods sold

3.0b3.0b3.0b3.0b3.0b3.0b2.9b2.9b3.0b2.7b2.7b2.6b

Gross profit

2.4b2.6b2.6b2.7b2.5b2.5b2.2b2.5b2.7b3.1b2.9b2.6b

Gross profit Margin, %

44%46%46%48%46%45%43%46%47%53%52%50%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

4.9b5.1b5.1b

Accounts Receivable

828.0m796.0m693.0m

PP&E

581.0m601.0m538.0m

Total Assets

152.8b165.1b157.5b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

3.3b4.8b4.3b

Depreciation and Amortization

1.3b1.2b1.2b

Cash From Operating Activities

5.5b6.0b5.1b

Cash From Investing Activities

(3.2b)(4.6b)(2.4b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

928.0m1.7b2.5b566.0m1.4b3.8b1.3b2.4b3.3b

Depreciation and Amortization

340.0m649.0m967.0m333.0m622.0m914.0m311.0m592.0m869.0m

Cash From Operating Activities

1.5b2.4b4.3b1.4b2.6b4.6b1.4b2.3b4.2b

Cash From Investing Activities

(1.3b)(2.7b)(2.9b)(1.7b)(2.1b)(3.5b)(969.0m)(839.0m)(1.2b)
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Aflac Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Campuses

555554

Policies Exceeded (Japan)

23 m24 m24 m24 m24 m24

Cancer Policies in Force (Japan)

14 m15 m15 m15 m15 m15

Sales Agencies

9.8 k9 k8.5 k
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Aflac Acquisitions / Subsidiaries

Company NameDateDeal Size
Zurich North America’s U.S.November 28, 2020$100 m
Argus Dental & Vision IncJuly 12, 2019
Continental American Insurance CompanyJuly 29, 2009$100 m
Aflac Asset Management Japan Ltd.
Aflac Asset Management LLC
Aflac Benefits Advisors, Inc.
Aflac GI Holdings LLC
Aflac Global Ventures LLC
Aflac Heartful Services Co., Ltd.
Aflac Holdings LLC
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Aflac Revenue Breakdown

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Aflac revenue breakdown by business segment: 69.1% from Aflac Japan, 30.1% from Aflac U.S. and 0.8% from Other

Human Capital Metrics

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Aflac Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Aflac Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Aflac Online and Social Media Presence

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Aflac Company Culture

  • Overall Culture

    A+

    82/100

  • CEO Rating

    A+

    87/100

  • Compensation

    A

    79/100

  • Diversity

    A+

    83/100

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Aflac News and Updates

Aflac enhances Group Critical Illness Insurance to include serious mental illnesses and infectious diseases like COVID-19

Flexible benefits cover changing needs of workers in post-pandemic environment COLUMBUS, Ga., May 2, 2022 /PRNewswire/ -- Aflac Incorporated, a leading provider of supplemental insurance products in the U.S., today announced the launch of its newly redesigned Aflac Group Critical Illness...

For the first pick, Aflac and Coach Prime select historically Black college and university athletes

Aflac's latest effort helps close the gap between HBCU football players and the professional football draft, spotlights the fact that there were no HBCU athletes selected in 2021 COLUMBUS, Ga., April 25, 2022 /PRNewswire/ -- Aflac, a leading provider of supplemental health insurance in...

The Margin: Gilbert Gottfried, comic, ‘Aladdin’ star and voice of the Aflac duck, dies at 67

Fellow celebrities Jason Alexander, Marlee Matlin and fans mourn the loss of the funnyman with the ‘legendary voice.’

Aflac Incorporated Releases 2021 Business and Sustainability Report

The Aflac Way: Making a Difference While Balancing Purpose and Profit COLUMBUS, Ga., March 21, 2022 /PRNewswire/ -- Aflac Incorporated announced today that the company has released its 2021 Business and Sustainability Report, titled "The Aflac Way: Making a Difference While Balancing...

Aflac partners with NeuroFlow to enhance Group Long-Term Disability offering with innovative mental health solution

COLUMBUS, Ga., Feb. 24, 2022 /PRNewswire/ -- Mental health and emotional well-being challenges are on the rise, and that's why Aflac, a leading provider of supplemental insurance in the U.S., entered into a strategic relationship with NeuroFlow that adds an innovative mental health...

Aflac launches initiative to help close the gap for millions of Americans facing medical debt

COLUMBUS, Ga., Jan. 19, 2022 /PRNewswire/ -- Aflac, a leading provider of supplemental insurance in the U.S., today launched a national initiative, Close the Gap, to address medical debt and disparities in health and wealth in America – an issue that affects close to 50% of Americans and...
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Aflac Frequently Asked Questions

  • When was Aflac founded?

    Aflac was founded in 1955.

  • Who are Aflac key executives?

    Aflac's key executives are Daniel P. Amos, Frederick J. Crawford and Max K. Brodén.

  • How many employees does Aflac have?

    Aflac has 12,447 employees.

  • What is Aflac revenue?

    Latest Aflac annual revenue is $22.1 b.

  • What is Aflac revenue per employee?

    Latest Aflac revenue per employee is $1.8 m.

  • Who are Aflac competitors?

    Competitors of Aflac include Old Mutual, Manulife and Prudential.

  • Where is Aflac headquarters?

    Aflac headquarters is located at 1932 Wynnton Rd, Columbus.

  • Where are Aflac offices?

    Aflac has offices in Columbus and Columbia.

  • How many offices does Aflac have?

    Aflac has 2 offices.