Aflac Incorporated (AFL) Income Tax Expense
The tax expense for Aflac Incorporated (AFL) is $887.00 Million with a year-over-year change of -8.93%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
AFL Tax Expense Chart
Current Tax Expense
$887.00M
$887.00 Million
Year-over-Year Change
-8.93%
vs. $974.00M prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $887.00M | $-87.00M | -8.93% |
| 2024 | $974.00M | +$371.00M | +61.53% |
| 2023 | $603.00M | +$152.00M | +33.70% |
| 2022 | $451.00M | $-526.00M | -53.84% |
| 2021 | $977.00M | +$1.60B | +257.84% |
| 2020 | $-619.00M | $-1.76B | -154.25% |
| 2019 | $1.14B | +$78.00M | +7.34% |
| 2018 | $1.06B | +$1.65B | +281.40% |
| 2017 | $-586.00M | $-1.99B | -141.62% |
| 2016 | $1.41B | +$79.00M | +5.94% |
| 2015 | $1.33B | $-211.00M | -13.70% |
| 2014 | $1.54B | $-118.00M | -7.12% |
| 2013 | $1.66B | +$222.00M | +15.46% |
| 2012 | $1.44B | +$423.00M | +41.76% |
| 2011 | $1.01B | $-220.00M | -17.84% |
| 2010 | $1.23B | +$495.00M | +67.07% |
| 2009 | $738.00M | +$78.00M | +11.82% |
| 2008 | $660.00M | $-205.00M | -23.70% |
| 2007 | $865.00M | +$84.00M | +10.76% |
| 2006 | $781.00M | +$38.00M | +5.11% |
| 2005 | $743.00M | +$236.00M | +46.55% |
| 2004 | $507.00M | +$77.00M | +17.91% |
| 2003 | $430.00M | $-8.00M | -1.83% |
| 2002 | $438.00M | +$44.00M | +11.17% |
| 2001 | $394.00M | +$69.00M | +21.23% |
| 2000 | $325.00M | +$118.00M | +57.00% |
| 1999 | $207.00M | +$143.00M | +223.44% |
| 1998 | $64.00M | $-216.00M | -77.14% |
| 1997 | $280.00M | +$24.00M | +9.38% |
| 1996 | $256.00M | — | — |
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