Aflac Q2 net earnings rise to $1.8 billion as revenue dips 0.7% to $5.1 billion
Aflac reported second-quarter 2024 net earnings of $1.8 billion, or $3.10 per diluted share, up from $2.71 a year earlier, while total revenues fell 0.7% to $5.1 billion. Adjusted earnings per diluted share rose 15.8% to $1.83, and the board declared a $0.50 third-quarter dividend. Shareholders benefit from higher profit per share and $800 million in share repurchases, though the company's net earnings included $696 million in net investment gains.
Key points
- Net earnings $1.8 billion, or $3.10 per diluted share, vs. $2.71 a year ago
- Total revenues $5.1 billion, vs. $5.2 billion in Q2 2023
- Adjusted earnings per diluted share $1.83, up 15.8%; net investment gains of $696 million included in net earnings
- $800 million used to repurchase 9.3 million shares; third-quarter dividend of $0.50 per share payable September 2, 2024
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing 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 July 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.