AFL Q1 2024 Earnings — Aflac Incorporated Revenue & Financial Results | Market Cap Arena

AFLAflac Incorporated

$57B

Q1 2024 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$5.4B+12.5% YoY

Gross Profit

$2.5B45.5% margin

Operating Income

$2.2B39.9% margin

Net Income

$1.9B34.6% margin

EPS (Diluted)

$3.25

QoQ Revenue Growth

+41.0%

Cash Flow

Operating Cash Flow

$849M

Free Cash Flow

$849M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$124.7B

Total Liabilities

$101.2B

Stockholders' Equity

$23.5B

Cash & Equivalents

$5.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$4.8B	+12.5%
Gross Profit	$2.5B	$4.8B	-48.8%
Operating Income	$2.2B	$1.3B	+61.7%
Net Income	$1.9B	$1.2B	+58.2%

Revenue Segments

Aflac Japan Member

$2.5B56%

Aflac US Member

$1.7B38%

Other Segments

$247M6%