Aflac's earnings call highlighted strong sales growth in Japan, especially in cancer insurance, and effective capital return to shareholders, maintaining strong capital positions. However, there were challenges with declining net earned premiums in Japan and slower than expected sales growth in the U.S. Overall, the highlights and lowlights presented a mixed picture of the company's performance.

Company Guidance -

Q3 2025

During Aflac Incorporated's Second Quarter 2025 Earnings Call, the company reported net earnings per diluted share of $1.11 and adjusted earnings per diluted share of $1.78, reflecting a 2.7% year-over-year decrease. Aflac Japan experienced a notable 23.2% year-over-year sales increase, driven by a 53% increase in cancer insurance sales, largely due to the new Miraito product. In the U.S., new sales reached $340 million, a 2.7% increase from the previous year, with a strong premium persistency of 79.2% and a 3.4% increase in net earned premium. The company maintained a strong capital position, deploying $829 million in capital for share repurchases and paying $312 million in dividends, totaling a $1.1 billion return to shareholders. Adjusted ROE was 13.7% and 16.4% excluding foreign currency remeasurement, with a leverage ratio of 22.5% within their target range. Aflac's investment strategy yielded solid net investment income, and the company maintained strong capital ratios, with an SMR above 900% and an estimated regulatory ESR above 240%.

Strong Performance in Aflac Japan

Aflac Japan reported a 23.2% year-over-year sales increase, driven by a 53% increase in cancer insurance sales, led by the new Miraito product.

Capital Return to Shareholders

Aflac Incorporated deployed $829 million in capital to repurchase 7.9 million shares and paid dividends of $312 million, delivering $1.1 billion back to shareholders in Q2 2025.

Persistency and Premium Growth in Aflac U.S.

Aflac U.S. reported a 2.7% year-over-year increase in new sales, maintaining a strong premium persistency of 79.2% and a 3.4% increase in net earned premium.

Strong Capital Position

Aflac's combined RBC is estimated to be greater than 600%. The company holds a solid capital position with high return on capital and low cost of capital.

AFLAC (AFL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AFL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	1.75 / -	2.16	―	―	―
Aug 05, 2025	2025 (Q2)	1.70 / 1.78	1.83	-2.73% (-0.05)
Apr 30, 2025	2025 (Q1)	1.67 / 1.66	1.66	0.00% (0.00)
Feb 05, 2025	2024 (Q4)	1.62 / 1.56	1.28	21.88% (+0.28)
Oct 30, 2024	2024 (Q3)	1.69 / 2.16	1.84	17.39% (+0.32)
Jul 31, 2024	2024 (Q2)	1.60 / 1.83	1.58	15.82% (+0.25)
May 01, 2024	2024 (Q1)	1.58 / 1.66	1.55	7.10% (+0.11)
Jan 31, 2024	2023 (Q4)	1.45 / 1.28	1.4	-8.57% (-0.12)
Nov 01, 2023	2023 (Q3)	1.49 / 1.84	1.23	49.59% (+0.61)
Aug 01, 2023	2023 (Q2)	1.44 / 1.58	1.55	1.94% (+0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AFL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$98.92	$102.31	+3.43%
Apr 30, 2025	$108.08	$102.95	-4.75%
Feb 05, 2025	$106.11	$101.94	-3.93%
Oct 30, 2024	$108.39	$103.17	-4.82%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does AFLAC (AFL) report earnings?

AFLAC (AFL) is schdueled to report earning on Nov 04, 2025, After Close (Confirmed).

What is AFLAC (AFL) earnings time?

AFLAC (AFL) earnings time is at Nov 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AFL EPS forecast?

AFL EPS forecast for the fiscal quarter 2025 (Q3) is 1.75.

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