Aflac Inc.
Aflac Reports Strong Q4 2024 Earnings with 16% Dividend Increase
Summary
On February 5, 2025, Aflac Incorporated announced its 2024 fourth quarter and full-year financial results, reporting a significant increase in net earnings to $1.9 billion for Q4 2024 from $268 million in Q4 2023. The company's total revenues also rose to $5.4 billion in Q4 2024, up from $3.8 billion in the same period last year. Aflac's adjusted earnings for Q4 2024 were $865 million, reflecting an 18.2% increase from the prior year. For the full year of 2024, net earnings amounted to $5.4 billion, with adjusted earnings of $4.1 billion. The company also declared a first-quarter dividend of $0.58 per share, marking a 16% increase from the previous year. Shareholders' equity increased to $26.1 billion at the end of 2024, compared to $22.0 billion at the end of 2023.
Profitelligence Alerts
Get alerts for AFL
Be first to know when Aflac Inc. files with the SEC.
Filing Categories
Exhibits (4)
Advertisement
About Aflac Inc.
Aflac Inc. is a financial services company primarily engaged in providing supplemental insurance products, with a focus on life and health insurance. Founded in 1955 and headquartered in Columbus, Georgia, Aflac has established itself as a leader in the insurance sector, particularly in the United States and Japan, where it generates the majority of its revenue. The company's insurance policies are designed to offer financial protection and support for policyholders dealing with unexpected medical expenses or life changes. Aflac is renowned for its flagship product lines such as cancer insurance, accident insurance, and short-term disability coverage. These products are marketed to businesses and individual consumers, helping them manage financial burdens during critical times. In addition to its core insurance offerings, Aflac has built a robust market presence through strategic advertising and the iconic Aflac duck, which has become synonymous with the brand. As a significant player in the supplemental insurance market, Aflac plays a crucial role in providing economic stability for its policyholders, while simultaneously contributing to the broader financial services landscape with a focus on customer-centric solutions and innovative insurance products.
Official SEC Documents
Advertisement