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AFLAC INC

LISTEDNYSE

SYMBOLAFL

SIC6321

STATE OF INC.GA

FISCAL YEAR ENDSDecember 31

CIK4977

ACCIDENT & HEALTH INSURANCE · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	8,330	22.0
Stockholders' equity	29,490	78.0
Total capitalization	37,820	100.0

501,343,298 shares outstanding at 28 July 2026 (cover page of the 10-Q filed 7 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Not tagged in XBRL

CAPITAL STOCK 12/31/25

Common shares authorized	1,900,000,000
Common shares issued	1,357,909,000
Treasury shares	839,219,000
Par or stated value per share ($)	0.1
Outstanding at 7/28/26	501,343,298

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	2.35	34.5
2024	2.08	21.6
2023	1.76	22.6
2022	1.62	23.4
2021	1.32	21.1

HISTORY AND BUSINESS

HISTORY: Incorporated in Georgia.

BUSINESS: Classified by the SEC under Standard Industrial Classification 6321, Accident & Health Insurance. Large accelerated filer. Principal executive office: 1932 Wynnton Rd, Columbus, GA 31999. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Premiums earned	13,548	13,440	14,123
Net investment income	4,076	4,116	3,811
Total revenues	17,164	18,927	18,701
Benefits, losses and expenses	12,631	12,510	13,439
Income before income taxes	4,533	6,417	5,262
Income taxes	887	974	603
Net income	3,646	5,443	4,659
Earned per share, diluted ($)	6.82	9.63	7.78
Dividends per share ($)	2.35	2.08	1.76

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Cash and equivalents	6,245	6,229
Total assets	116,470	117,566
Policy liabilities and reserves	62,320	70,381
Debt	8,378	7,455
Total liabilities	86,980	91,468
Stockholders' equity	29,490	26,098

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Total assets	Total liabilities	Total debt	Deposits	Stockholders' equity	ROE %	Debt / equity
12/31/25	17,164	–	3,646	21.2	6.82	2.35	2,555	116,470	86,980	8,330	–	29,490	12.4	0.28
12/31/24	18,927	–	5,443	28.8	9.63	2.08	2,707	117,566	91,468	7,402	–	26,098	20.9	0.28
12/31/23	18,701	–	4,659	24.9	7.78	1.76	3,190	126,724	104,739	7,240	–	21,985	21.2	0.33
12/31/22	19,140	4,157	4,418	23.1	6.93	1.62	3,879	131,738	111,598	7,295	–	20,140	21.9	0.36
12/31/21	21,554	4,934	4,231	19.6	6.25	1.32	5,051	157,542	124,289	7,839	–	17,031	24.8	0.46
12/31/20	22,147	4,416	4,778	21.6	6.67	1.12	5,958	165,086	131,527	7,745	–	33,559	14.2	0.23
12/31/19	22,307	4,461	3,304	14.8	4.43	1.08	5,455	152,768	123,809	6,408	–	28,959	11.4	0.22
12/31/18	21,758	4,354	2,920	13.4	3.77	–	6,014	140,406	116,944	5,765	–	23,462	12.4	0.25
12/31/17	21,667	4,087	4,604	21.2	5.77	–	6,128	137,217	112,619	5,267	–	24,598	18.7	0.21
12/31/16	22,559	4,117	2,659	11.8	3.21	–	5,987	129,819	109,337	5,339	–	20,482	13.0	0.26

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

AFLAC INC
CIK 4977 · EIN 58-1167100

PRINCIPAL OFFICE:

1932 Wynnton Rd, Columbus, GA 31999
Tel.: 7063233431

INCORPORATED:

Georgia

INDUSTRY (SEC SIC CODE):

6321 · Accident & Health Insurance

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 25 February 2026

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

8/7/26	10-Q	period 6/30/26
8/6/26	8-K	period 8/6/26
6/30/26	8-K	period 6/30/26
5/28/26	8-K	period 5/21/26
5/14/26	8-K	period 5/11/26
5/7/26	8-K	period 5/4/26
5/6/26	10-Q	period 3/31/26
4/29/26	8-K	period 4/29/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/25/26) · 10-K FY2024 (filed 2/26/25) · 10-K FY2023 (filed 2/22/24) · 10-K FY2022 (filed 2/24/23) · 10-K FY2021 (filed 2/23/22) · 10-K FY2020 (filed 2/23/21) · 10-K FY2019 (filed 2/21/20) · 10-K FY2018 (filed 2/25/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.