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.
| Type | Public | |
| Founded | 1955 | |
| HQ | Columbus, GA, US | Map |
| Website | aflac.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Aflac enhances Group Critical Illness Insurance to include serious mental illnesses and infectious diseases like COVID-19
- For the first pick, Aflac and Coach Prime select historically Black college and university athletes
- The Margin: Gilbert Gottfried, comic, ‘Aladdin’ star and voice of the Aflac duck, dies at 67
- Aflac Incorporated Releases 2021 Business and Sustainability Report
Key People/Management at Aflac
Daniel P. Amos
Chairman, Chief Executive Officer
Frederick J. Crawford
President, Chief Operating Officer
Max K. Brodén
Executive Vice President, Chief Financial Officer
Masatoshi Koide
President and Representative Director, Aflac Life Insurance Japan
Charles D. Lake
President, Aflac International, Chairman and Representative Director, Aflac Life Insurance Japan
Teresa L. White
President, Aflac U.S.
Aflac Office Locations
Aflac has offices in Columbus and Columbia
Columbus, GA, US (HQ)
1932 Wynnton Rd
Columbia, SC, US
1600 Williams St
Aflac Financials and Metrics
Aflac Revenue
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
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 5.5b | 5.6b | 5.6b | 5.7b | 5.5b | 5.5b | 5.2b | 5.4b | 5.7b | 5.9b | 5.6b | 5.2b |
Cost of goods sold | 3.0b | 3.0b | 3.0b | 3.0b | 3.0b | 3.0b | 2.9b | 2.9b | 3.0b | 2.7b | 2.7b | 2.6b |
Gross profit | 2.4b | 2.6b | 2.6b | 2.7b | 2.5b | 2.5b | 2.2b | 2.5b | 2.7b | 3.1b | 2.9b | 2.6b |
Gross profit Margin, % | 44% | 46% | 46% | 48% | 46% | 45% | 43% | 46% | 47% | 53% | 52% | 50% |
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 928.0m | 1.7b | 2.5b | 566.0m | 1.4b | 3.8b | 1.3b | 2.4b | 3.3b |
Depreciation and Amortization | 340.0m | 649.0m | 967.0m | 333.0m | 622.0m | 914.0m | 311.0m | 592.0m | 869.0m |
Cash From Operating Activities | 1.5b | 2.4b | 4.3b | 1.4b | 2.6b | 4.6b | 1.4b | 2.3b | 4.2b |
Cash From Investing Activities | (1.3b) | (2.7b) | (2.9b) | (1.7b) | (2.1b) | (3.5b) | (969.0m) | (839.0m) | (1.2b) |
Aflac Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Zurich North America’s U.S. | November 28, 2020 | $100 m |
| Argus Dental & Vision Inc | July 12, 2019 | |
| Continental American Insurance Company | July 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 |
Aflac Revenue Breakdown
Aflac revenue breakdown by business segment: 69.1% from Aflac Japan, 30.1% from Aflac U.S. and 0.8% from Other
Aflac Cybersecurity Score
Aflac Environment, Social & Governance (ESG) Ratings
Aflac Online and Social Media Presence
60.46k Twitter followers
Aflac has 60.46k Twitter Followers. The number of followers has increased 0.1% quarter over quarter
Aflac's Trends
Twitter Engagement Stats for @Aflac
9.4k
Tweets
781
Following
60.5k
Followers
107
Tweets last 30 days
8.1
Avg. likes per Tweet
89.7%
Tweets with engagement
Aflac Company Culture
Overall Culture
A+
82/100
CEO Rating
A+
87/100
Compensation
A
79/100
Diversity
A+
83/100
Aflac News and Updates
May 02, 2022
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...
April 25, 2022
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...
April 13, 2022
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.’
March 21, 2022
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...
February 24, 2022
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...
January 19, 2022
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...
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.
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