What is the current annual operating margin of AFL?

As of today, AFL annual operating margin is 27.22%

What is 1-year change in AFL annual operating margin?

AFL annual operating margin is down -22.10% year-over-year

What is 3-year change in AFL annual operating margin?

AFL annual operating margin is up +2.25% over the past 3 years

How far is AFL annual operating margin from its all-time high?

AFL annual operating margin is currently -22.10% below its historical high of 34.94% set on December 31, 2024

How does AFL annual operating margin rank versus sector peers?

AFL annual operating margin is higher than 67.93% of companies in Financial Services sector

When is AFL next annual earnings release?

The next annual earnings release for AFL is on February 3, 2027

What is the current quarterly operating margin of AFL?

As of today, AFL quarterly operating margin is 16.51%

What is AFL quarterly operating margin most recent change?

AFL quarterly operating margin was down -35.81% on September 30, 2026

What is 1-year change in AFL quarterly operating margin?

AFL quarterly operating margin is down -61.84% year-over-year

How far is AFL quarterly operating margin from its all-time high?

AFL quarterly operating margin is currently -79.11% below its historical high of 79.04% set on March 31, 1995

How does AFL quarterly operating margin rank versus sector peers?

AFL quarterly operating margin is higher than 34.60% of companies in Financial Services sector

When is AFL next earnings release?

The next earnings release for AFL is on February 3, 2027

AFL Operating Margin History & Chart Since 1980

Annual Operating Margin

27.22%7.72%-22.10%

December 31, 2025

Summary

Current Value: As of today, AFL annual operating margin is 27.22%, down -22.10% on December 31, 2025
Historical Performance: AFL annual operating margin is up +2.25% over the past 3 years, up +36.99% over the past 5 years
All-Time High Comparison: AFL annual operating margin is currently -22.10% below its historical high of 34.94% set on December 31, 2024
3-Year Low Comparison: AFL annual operating margin is +2.25% above its 3-year low of 26.62% reached on an earlier date
Sector Comparison: AFL annual operating margin is higher than 67.93% of companies in Financial Services sector

Operating Margin Chart

beforeafter

Performance

AFL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	27.22%	-22.1%	+2.3%	+37.0%	+51.1%
Quarterly Operating Margin	Sep 30, 26	16.51%	-61.8%	-55.9%	-26.1%	-13.6%
Price	Nov 6, 26	$124.60	+9.6%	+53.1%	+119.5%	+450.2%
PE Ratio	Nov 6, 26	18.16	+22.5%	+69.6%	+97.4%	+56.5%
Annual Revenue	Dec 31, 25	$17.16B	-9.3%	-10.3%	-22.5%	-17.2%
Annual Operating Profit	Dec 31, 25	$4.64B	-29.8%	-8.9%	+5.5%	+24.3%
Annual Gross Margin	Dec 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Net Margin	Dec 31, 25	21.38%	-25.7%	-7.4%	-0.9%	+89.0%

Operating Margin Highs

AFL Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	34.94%	Dec 31, 24	-22.1%
5Y	34.94%	Dec 31, 24	-22.1%
All	34.94%	Dec 31, 24	-22.1%

Operating Margin Lows

AFL Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	26.62%	N/A	+2.3%
5Y	19.87%	N/A	+37.0%
All	6.97%	Dec 1, 80	+290.5%

Operating Margin History

Year	Value	Change
2025	27.22%	-22.1%
2024	34.94%	+19.7%
2023	29.18%	+9.6%
2022	26.62%	+4.9%
2021	25.37%	+27.7%
2020	19.87%	-5.2%
2019	20.95%	+8.4%
2018	19.33%	-1.9%
2017	19.71%	-0.6%
2016	19.82%	-5.6%
2015	20.99%	-0.8%
2014	21.15%	-0.9%
2013	21.34%	+18.6%
2012	17.99%	+26.8%
2011	14.19%	-21.2%
2010	18.01%	-3.3%
2009	18.63%	+19.6%
2008	15.58%	-5.7%
2007	16.53%	+5.8%
2006	15.63%	-0.2%
2005	15.66%	+14.1%
2004	13.72%	+26.0%
2003	10.89%	-12.7%

Year	Value	Change
2002	12.47%	+8.9%
2001	11.45%	+19.6%
2000	9.57%	+3.9%
1999	9.21%	+16.0%
1998	7.94%	-9.4%
1997	8.76%	+1.7%
1996	8.61%	+0.3%
1995	8.58%	+1.8%
1994	8.43%	-2.0%
1993	8.60%	+3.7%
1992	8.29%	-2.4%
1991	8.49%	-1.6%
1990	8.63%	-7.1%
1989	9.29%	+3.0%
1988	9.02%	+0.4%
1987	8.98%	-7.8%
1986	9.74%	-5.8%
1985	10.34%	-1.1%
1984	10.45%	+16.9%
1983	8.94%	+12.6%
1982	7.94%	+3.0%
1981	7.71%	+10.6%
1980	6.97%	-

FAQ

What is the current annual operating margin of AFL?: As of today, AFL annual operating margin is 27.22%
What is 1-year change in AFL annual operating margin?: AFL annual operating margin is down -22.10% year-over-year
What is 3-year change in AFL annual operating margin?: AFL annual operating margin is up +2.25% over the past 3 years
How far is AFL annual operating margin from its all-time high?: AFL annual operating margin is currently -22.10% below its historical high of 34.94% set on December 31, 2024
How does AFL annual operating margin rank versus sector peers?: AFL annual operating margin is higher than 67.93% of companies in Financial Services sector
When is AFL next annual earnings release?: The next annual earnings release for AFL is on February 3, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

16.51%9.21%-35.81%

September 30, 2026

Summary

Current Value: As of today, AFL quarterly operating margin is 16.51%, down -35.81% on September 30, 2026
Historical Performance: AFL quarterly operating margin is down -61.84% year-over-year, down -55.91% over the past 3 years
All-Time High Comparison: AFL quarterly operating margin is currently -79.11% below its historical high of 79.04% set on March 31, 1995
3-Year Low Comparison: AFL quarterly operating margin is +242.53% above its 3-year low of 4.82% reached on September 30, 2024
Sector Comparison: AFL quarterly operating margin is higher than 34.60% of companies in Financial Services sector

Performance

AFL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	16.51%	-35.8%	-61.8%	-55.9%	-26.1%
Annual Operating Margin	Dec 31, 25	27.22%	–	-22.1%	+2.3%	+37.0%
Price	Nov 6, 26	$124.60	-1.6%	+9.6%	+53.1%	+119.5%
PE Ratio	Nov 6, 26	18.16	+33.8%	+22.5%	+69.6%	+97.4%
Quarterly Revenue	Sep 30, 26	$3.24B	-21.4%	-31.8%	-34.6%	-38.2%
Quarterly Operating Profit	Sep 30, 26	$534.00M	-49.6%	-74.0%	-71.2%	-54.4%
Quarterly Gross Margin	Sep 30, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Net Margin	Sep 30, 26	9.37%	-53.2%	-72.9%	-70.4%	-44.8%

Quarterly Operating Margin Highs

AFL Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	43.27%	N/A	-61.8%
3Y	43.27%	Sep 30, 25	-61.8%
5Y	43.27%	Sep 30, 25	-61.8%
All	79.04%	Mar 31, 95	-79.1%

Quarterly Operating Margin Lows

AFL Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	16.51%	Sep 30, 26	at low
3Y	4.82%	Sep 30, 24	+242.5%
5Y	4.82%	Sep 30, 24	+242.5%
All	-212.62%	Dec 31, 95	+107.8%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	16.51%	-35.8%
Jun 2026	25.72%	-13.0%
Mar 2026	29.57%	-11.9%
Dec 2025	33.56%	-22.4%
Sep 2025	43.27%	+105.9%
Jun 2025	21.01%	+266.0%
Mar 2025	5.74%	-85.8%
Dec 2024	40.44%	+739.0%
Sep 2024	4.82%	-88.0%
Jun 2024	40.27%	-1.3%
Mar 2024	40.78%	+357.2%
Dec 2023	8.92%	-76.2%
Sep 2023	37.45%	+3.3%
Jun 2023	36.27%	+25.2%
Mar 2023	28.96%	+92.8%
Dec 2022	15.02%	-49.1%
Sep 2022	29.51%	-11.0%
Jun 2022	33.17%	+27.1%
Mar 2022	26.10%	+10.1%
Dec 2021	23.71%	+6.1%
Sep 2021	22.34%	-16.2%
Jun 2021	26.65%	-6.1%
Mar 2021	28.37%	+31.3%
Dec 2020	21.61%	+0.7%
Sep 2020	21.47%	+2.5%
Jun 2020	20.95%	+36.9%
Mar 2020	15.30%	-23.0%
Dec 2019	19.88%	+0.7%
Sep 2019	19.74%	-6.7%
Jun 2019	21.16%	-7.9%
Mar 2019	22.98%	+51.0%
Dec 2018	15.22%	-29.2%
Sep 2018	21.50%	+1.4%
Jun 2018	21.20%	+11.6%
Mar 2018	19.00%	-2.6%
Dec 2017	19.51%	-5.3%
Sep 2017	20.60%	+1.1%
Jun 2017	20.38%	+12.7%
Mar 2017	18.08%	-20.9%
Dec 2016	22.87%	+27.2%
Sep 2016	17.98%	+8.6%
Jun 2016	16.55%	-23.7%
Mar 2016	21.68%	-1.9%
Dec 2015	22.09%	+19.6%
Sep 2015	18.47%	-17.1%
Jun 2015	22.28%	+6.2%
Mar 2015	20.97%	+0.2%
Dec 2014	20.93%	+4.3%
Sep 2014	20.07%	-11.2%
Jun 2014	22.59%	+7.6%
Mar 2014	20.99%	+9.7%
Dec 2013	19.13%	-1.2%
Sep 2013	19.37%	-18.0%
Jun 2013	23.61%	+2.3%
Mar 2013	23.07%	+54.2%
Dec 2012	14.96%	-33.8%
Sep 2012	22.59%	+66.0%
Jun 2012	13.61%	-32.6%
Mar 2012	20.18%	+38.0%
Dec 2011	14.62%	-23.5%
Sep 2011	19.11%	+98.4%
Jun 2011	9.63%	-22.5%
Mar 2011	12.43%	-7.4%
Dec 2010	13.43%	-33.8%
Sep 2010	20.28%	+9.6%
Jun 2010	18.51%	-6.9%

Month	Value	Change
Mar 2010	19.88%	+33.2%
Dec 2009	14.93%	-22.4%
Sep 2009	19.25%	+3.9%
Jun 2009	18.53%	-15.0%
Mar 2009	21.80%	+48.3%
Dec 2008	14.70%	+11.9%
Sep 2008	13.14%	-23.7%
Jun 2008	17.23%	+0.3%
Mar 2008	17.18%	+16.4%
Dec 2007	14.76%	-12.0%
Sep 2007	16.78%	-1.5%
Jun 2007	17.03%	-0.8%
Mar 2007	17.17%	+23.4%
Dec 2006	13.91%	-9.0%
Sep 2006	15.28%	-10.2%
Jun 2006	17.01%	+4.4%
Mar 2006	16.30%	+2.9%
Dec 2005	15.84%	-10.7%
Sep 2005	17.74%	+21.3%
Jun 2005	14.63%	+1.9%
Mar 2005	14.36%	+10.5%
Dec 2004	12.99%	-7.2%
Sep 2004	14.00%	+59.5%
Jun 2004	8.78%	-39.9%
Mar 2004	14.60%	+271.5%
Dec 2003	3.93%	-69.5%
Sep 2003	12.88%	-3.5%
Jun 2003	13.35%	+3.2%
Mar 2003	12.93%	+14.5%
Dec 2002	11.29%	-15.6%
Sep 2002	13.37%	+2.8%
Jun 2002	13.01%	-5.9%
Mar 2002	13.82%	+113.7%
Dec 2001	-101.21%	-928.2%
Sep 2001	12.22%	+12.9%
Jun 2001	10.82%	-6.1%
Mar 2001	11.52%	+78.1%
Dec 2000	6.47%	-37.7%
Sep 2000	10.38%	+50.2%
Jun 2000	6.91%	-33.2%
Mar 2000	10.34%	+7.3%
Dec 1999	9.64%	-6.0%
Sep 1999	10.25%	+3.1%
Jun 1999	9.94%	-1.7%
Mar 1999	10.11%	-32.3%
Dec 1998	14.94%	+54.5%
Sep 1998	9.67%	+0.7%
Jun 1998	9.60%	+197.2%
Mar 1998	3.23%	+101.6%
Dec 1997	-197.69%	-352.7%
Sep 1997	78.23%	+0.4%
Jun 1997	77.90%	-0.7%
Mar 1997	78.45%	+140.5%
Dec 1996	-193.47%	-346.9%
Sep 1996	78.35%	+0.6%
Jun 1996	77.88%	-1.0%
Mar 1996	78.69%	+137.0%
Dec 1995	-212.62%	-370.1%
Sep 1995	78.72%	+0.1%
Jun 1995	78.62%	-0.5%
Mar 1995	79.04%	+1.0%
Dec 1994	78.28%	+0.1%
Sep 1994	78.24%	+0.7%
Jun 1994	77.73%	-0.5%
Mar 1994	78.11%	-

FAQ

What is the current quarterly operating margin of AFL?: As of today, AFL quarterly operating margin is 16.51%
What is AFL quarterly operating margin most recent change?: AFL quarterly operating margin was down -35.81% on September 30, 2026
What is 1-year change in AFL quarterly operating margin?: AFL quarterly operating margin is down -61.84% year-over-year
How far is AFL quarterly operating margin from its all-time high?: AFL quarterly operating margin is currently -79.11% below its historical high of 79.04% set on March 31, 1995
How does AFL quarterly operating margin rank versus sector peers?: AFL quarterly operating margin is higher than 34.60% of companies in Financial Services sector
When is AFL next earnings release?: The next earnings release for AFL is on February 3, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

AFL Official Website www.aflac.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/4977/000162828026005458/0001628280-26-005458-index.htm
AFL Profile on Yahoo Finance finance.yahoo.com/quote/AFL
AFL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/afl