Aflac Incorporated (AFL) Gross Margin: 47.76%
Is Aflac Incorporated’s gross margin high or low?
Aflac Incorporated's gross margin of 47.76% is 40% below its 5-year average of 79.09%, near the low end of its 5-year range (35.63%–100.00%).
The gross margin for Aflac Incorporated (AFL) is 47.76% as of Wednesday, June 10, 2026. It is above its 12-month average by 28.11% (37.28%).
AFL Gross Margin Chart
AFL Average Gross Margin Chart
AFL Current vs Average Gross Margin Chart
AFL Gross Margin Metrics
GROSS MARGIN
47.76%
GROSS MARGIN AVG TTM
37.28%
GROSS MARGIN AVG 3Y
68.64%
GROSS MARGIN AVG 5Y
79.09%
GROSS MARGIN AVG 10Y
88.60%
GROSS MARGIN AVG 15Y
92.16%
GROSS MARGIN AVG 20Y
94.03%
CURRENT VS TTM AVG
+28.11%
CURRENT VS 3Y AVG
-30.42%
CURRENT VS 5Y AVG
-39.62%
CURRENT VS 10Y AVG
-46.09%
CURRENT VS 15Y AVG
-48.18%
CURRENT VS 20Y AVG
-49.21%
AFL Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aflac Incorporated (AFL) | — | 47.76% | 37.28% | 68.64% | 79.09% |
| The Allstate Corporation (ALL) | $57.72B | 39.83% | 28.03% | 19.99% | 22.65% |
| Arthur J. Gallagher & Co. (AJG) | $57.28B | 65.99% | 48.48% | 45.30% | 42.21% |
| MetLife, Inc. (MET) | $56.35B | 28.40% | 31.77% | 29.23% | 27.71% |
| The Travelers Companies, Inc. (TRV) | $64.72B | 44.02% | 35.48% | 28.91% | 28.02% |
| Discover Financial Services (DFS) | $50.34B | 65.86% | 77.87% | 88.93% | 92.62% |
| Aon plc (AON) | $72.59B | 65.98% | 47.47% | 47.86% | 47.14% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) | $44.24B | N/A | N/A | N/A | N/A |
| MSCI Inc. (MSCI) | $44.05B | 82.86% | 82.22% | 82.20% | 82.34% |
| iShares Russell 2000 ETF (IWM) | $77.63B | N/A | N/A | N/A | N/A |
Gross Margin Analysis
Gross Margin
47.8%
(Revenue - COGS) / Revenue
Aflac Incorporated Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Aflac Incorporated Gross Margin FAQ
- What is the gross margin for Aflac Incorporated (AFL)?
- The gross margin for AFL stock is 47.76%.
- Is Aflac Incorporated's gross margin high or low?
- Aflac Incorporated's gross margin of 47.76% is 40% below its 5-year average of 79.09%, near the low end of its 5-year range (35.63%–100.00%).
- What is the TTM average gross margin for Aflac Incorporated (AFL)?
- The TTM average gross margin for AFL stock is 37.28%.
- What is the 3Y average gross margin for Aflac Incorporated (AFL)?
- The 3Y average gross margin for AFL stock is 68.64%.
- What is the 5Y average gross margin for Aflac Incorporated (AFL)?
- The 5Y average gross margin for AFL stock is 79.09%.
- What is the 10Y average gross margin for Aflac Incorporated (AFL)?
- The 10Y average gross margin for AFL stock is 88.60%.
- What is the 15Y average gross margin for Aflac Incorporated (AFL)?
- The 15Y average gross margin for AFL stock is 92.16%.
- What is the 20Y average gross margin for Aflac Incorporated (AFL)?
- The 20Y average gross margin for AFL stock is 94.03%.
Aflac Incorporated Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 38.93% |
| 2024-12-31 | 35.63% |
| 2023-12-31 | 100.00% |
| 2022-12-31 | 100.00% |
| 2021-12-31 | 100.00% |
| 2020-12-31 | 100.00% |
| 2019-12-31 | 100.00% |
| 2018-12-31 | 100.00% |
| 2017-12-31 | 100.00% |
| 2016-12-31 | 100.00% |
| 2015-12-31 | 100.00% |
| 2014-12-31 | 100.00% |
| 2013-12-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2011-12-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2001-12-31 | 100.00% |
| 2000-12-31 | 100.00% |
| 1999-12-31 | 100.00% |
| 1998-12-31 | 100.00% |
| 1997-12-31 | 100.00% |
| 1996-12-31 | 100.00% |
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