Aflac Q4 net earnings rise 36.7% to $268 million as revenue falls 4.3%
Aflac reported fourth quarter 2023 net earnings of $268 million, or $0.46 per diluted share, up from $196 million a year earlier, while total revenues fell 4.3% to $3.8 billion. Adjusted earnings declined 10.4% to $732 million, and the company reported full year 2023 net earnings of $4.7 billion, or $7.78 per diluted share, against $4.4 billion in 2022. The board declared a first quarter dividend of $0.50 per share, a 19% increase, and the company repurchased $700 million of its shares in the fourth quarter.
Key points
- Q4 2023 net earnings were $268 million, or $0.46 per diluted share, versus $196 million, or $0.31, a year earlier; adjusted earnings were $732 million, down 10.4%
- Full year 2023 total revenues fell 2.3% to $18.7 billion; full year adjusted earnings per diluted share rose 9.9% to $6.23
- First quarter 2024 dividend declared at $0.50 per share, payable March 1, 2024, to holders of record on February 21, 2024
- Fourth quarter share repurchases totaled $700 million for 8.7 million shares; 77.7 million shares remained authorized at year end
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 31, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.