Aflac Incorporated (AFL) EBITDA Margin: 31.68%
Is Aflac Incorporated’s EBITDA margin high or low?
Aflac Incorporated's EBITDA margin of 31.68% is 18% above its 5-year average of 26.91%, near the high end of its 5-year range (18.68%–33.55%).
The EBITDA margin for Aflac Incorporated (AFL) is 31.68% as of Tuesday, June 9, 2026. It is below its 12-month average by 2.87% (32.61%).
AFL EBITDA Margin Chart
AFL Average EBITDA Margin Chart
AFL Current vs Average EBITDA Margin Chart
AFL EBITDA Margin Metrics
EBITDA MARGIN
31.68%
EBITDA MARGIN AVG TTM
32.61%
EBITDA MARGIN AVG 3Y
29.65%
EBITDA MARGIN AVG 5Y
26.91%
EBITDA MARGIN AVG 10Y
23.18%
EBITDA MARGIN AVG 15Y
21.42%
EBITDA MARGIN AVG 20Y
19.72%
CURRENT VS TTM AVG
-2.87%
CURRENT VS 3Y AVG
+6.86%
CURRENT VS 5Y AVG
+17.75%
CURRENT VS 10Y AVG
+36.65%
CURRENT VS 15Y AVG
+47.91%
CURRENT VS 20Y AVG
+60.63%
AFL Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aflac Incorporated (AFL) | — | 31.68% | 32.61% | 29.65% | 26.91% |
| The Allstate Corporation (ALL) | $55.91B | 21.12% | 15.85% | 7.93% | 11.10% |
| Arthur J. Gallagher & Co. (AJG) | $55.77B | 26.26% | 26.54% | 25.06% | 24.17% |
| MetLife, Inc. (MET) | $55.06B | 7.42% | 8.98% | 8.87% | 10.66% |
| The Travelers Companies, Inc. (TRV) | $63.85B | 18.23% | 16.96% | 14.25% | 14.49% |
| Discover Financial Services (DFS) | $50.34B | 0.00% | 16.25% | 35.60% | 29.95% |
| Aon plc (AON) | $70.82B | 31.13% | 31.29% | 30.61% | 28.77% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) | $44.77B | N/A | N/A | N/A | N/A |
| MSCI Inc. (MSCI) | $44.23B | 61.64% | 61.42% | 62.76% | 60.61% |
| Robinhood Markets, Inc. (HOOD) | $75.44B | 48.74% | 43.53% | -1.12% | -15.18% |
Margin Comparison
Gross Margin
38.9%
EBITDA Margin
31.7%
Operating Margin
26.6%
Net Margin
20.9%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Aflac Incorporated EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Aflac Incorporated EBITDA Margin FAQ
- What is the EBITDA margin for Aflac Incorporated (AFL)?
- The EBITDA margin for AFL stock is 31.68%.
- Is Aflac Incorporated's EBITDA margin high or low?
- Aflac Incorporated's EBITDA margin of 31.68% is 18% above its 5-year average of 26.91%, near the high end of its 5-year range (18.68%–33.55%).
- What is the TTM average EBITDA margin for Aflac Incorporated (AFL)?
- The TTM average EBITDA margin for AFL stock is 32.61%.
- What is the 3Y average EBITDA margin for Aflac Incorporated (AFL)?
- The 3Y average EBITDA margin for AFL stock is 29.65%.
- What is the 5Y average EBITDA margin for Aflac Incorporated (AFL)?
- The 5Y average EBITDA margin for AFL stock is 26.91%.
- What is the 10Y average EBITDA margin for Aflac Incorporated (AFL)?
- The 10Y average EBITDA margin for AFL stock is 23.18%.
- What is the 15Y average EBITDA margin for Aflac Incorporated (AFL)?
- The 15Y average EBITDA margin for AFL stock is 21.42%.
- What is the 20Y average EBITDA margin for Aflac Incorporated (AFL)?
- The 20Y average EBITDA margin for AFL stock is 19.72%.
Aflac Incorporated EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 31.68% |
| 2024-12-31 | 33.55% |
| 2023-12-31 | 27.93% |
| 2022-12-31 | 25.42% |
| 2021-12-31 | 24.17% |
| 2020-12-31 | 18.68% |
| 2019-12-31 | 19.99% |
| 2018-12-31 | 18.35% |
| 2017-12-31 | 18.60% |
| 2016-12-31 | 18.08% |
| 2015-12-31 | 18.56% |
| 2014-12-31 | 19.87% |
| 2013-12-31 | 20.21% |
| 2012-12-31 | 17.02% |
| 2011-12-31 | 13.35% |
| 2010-12-31 | 17.24% |
| 2009-12-31 | 12.24% |
| 2008-12-31 | 12.01% |
| 2007-12-31 | 16.23% |
| 2006-12-31 | 15.49% |
| 2005-12-31 | 15.50% |
| 2004-12-31 | 13.35% |
| 2003-12-31 | 10.47% |
| 2002-12-31 | 12.27% |
| 2001-12-31 | 11.26% |
| 2000-12-31 | 10.43% |
| 1999-12-31 | 9.00% |
| 1998-12-31 | 8.36% |
| 1997-12-31 | 0.62% |
| 1996-12-31 | 0.68% |
Related Metrics
About Aflac Incorporated
Aflac Incorporated, operating through its various subsidiary companies, focuses on delivering supplementary health and life insurance policies. The firm's business activities are structured into two primary divisions: Aflac Japan and Aflac U.S. In Japan, the company offers a diverse range of insurance products, including coverage for cancer, medical expenses, income support for nursing care, and the distinct GIFT plan. This segment also provides traditional whole and term life insurance, along with savings-oriented plans like WAYS and child endowment products. Meanwhile, the Aflac U.S. division caters to the American market, furnishing policies that address cancer, accidents, short-term disability, critical illness, and hospital stays. Additionally, it provides dental, vision, long-term care, disability, and both term and whole life insurance options. Aflac distributes its comprehensive suite of products through multiple channels, which include dedicated sales associates, independent brokers, various corporate and individual agencies, and affiliated agencies. Established in 1955, the company maintains its corporate headquarters in Columbus, Georgia.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Daniel Paul Amos