Sector: Financials|Industry: Insurance - Life|Market Cap: $55.76B|Employees: 12.8K
Aflac Incorporated is a supplemental health and life insurance provider, operating primarily in the U.S. and Japan. The company's core business model revolves around offering supplemental insurance products, with a focus on cancer and medical insurance in Japan, and accident, disability, and critical care insurance in the U.S. Aflac's competitive advantages include a well-known brand, a large distribution network, and low-cost operations, particularly in Japan.
Net earnings for the three months ended June 30, 2024 were $1.755 billion, compared to $1.634 billion for the same period in 2023. Net earnings for the six months ended June 30, 2024 were $3.634 billion, compared to $2.822 billion for the same period in 2023.
Total revenues for the three months ended June 30, 2024 were $5.138 billion, compared to $5.172 billion for the same period in 2023. Total revenues for the six months ended June 30, 2024 were $10.575 billion, compared to $9.972 billion for the same period in 2023.
Cash dividends per share for the three months ended June 30, 2024 were $.50, compared to $.42 for the same period in 2023. Cash dividends per share for the six months ended June 30, 2024 were $1.00, compared to $.84 for the same period in 2023.