AFL Q1 2023 Earnings — Aflac Incorporated Revenue & Financial Results | Market Cap Arena

AFLAflac Incorporated

$57B

Q1 2023 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$4.8B-6.2% YoY

Gross Profit

$4.8B100.0% margin

Operating Income

$1.3B27.8% margin

Net Income

$1.2B24.6% margin

EPS (Diluted)

$1.93

QoQ Revenue Growth

+20.1%

Cash Flow

Operating Cash Flow

$890M

Free Cash Flow

$890M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$135.0B

Total Liabilities

$115.2B

Stockholders' Equity

$19.8B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$5.1B	-6.2%
Gross Profit	$4.8B	$5.1B	-6.2%
Operating Income	$1.3B	$1.3B	+3.7%
Net Income	$1.2B	$1.0B	+13.5%

Revenue Segments

Aflac Japan Member

$2.8B61%

Aflac US Member

$1.7B36%

Other Segments

$129M3%