For the quarter ended December 2025, Aflac (AFL) reported revenue of $4.87 billion, up 12.8% over the same period last year. EPS came in at $1.57, compared to $1.56 in the year-ago quarter.
The reported revenue represents a surprise of +8.7% over the Zacks Consensus Estimate of $4.48 billion. With the consensus EPS estimate being $1.71, the EPS surprise was -8.1%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Aflac performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Benefit /Premium - Aflac Japan: 65% versus the three-analyst average estimate of 64.7%.
- Total Adjusted Expenses/Total Adjusted Revenue - Aflac U.S.: 40.4% compared to the 40.2% average estimate based on three analysts.
- Total Benefit /Premium - Aflac U.S.: 48.6% versus 48.9% estimated by three analysts on average.
- Total Adjusted Expenses/Total Adjusted Revenue - Aflac Japan: 22% versus the three-analyst average estimate of 21.3%.
- Total adjusted revenues- Aflac U.S.: $1.73 billion compared to the $1.76 billion average estimate based on three analysts. The reported number represents a change of +3.3% year over year.
- Total adjusted revenues- Aflac Japan: $2.28 billion versus the three-analyst average estimate of $2.39 billion. The reported number represents a year-over-year change of -3.6%.
- Total adjusted revenues- Aflac U.S.- Total net earned premiums: $1.5 billion versus $1.52 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +4% change.
- Total adjusted revenues- Aflac Japan- Other income: $8 million versus $8.12 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change.
- Revenues- Other income (loss): $31 million compared to the $30.34 million average estimate based on four analysts. The reported number represents a change of +29.2% year over year.
- Revenues- Net investment income: $973 million versus the four-analyst average estimate of $964.77 million. The reported number represents a year-over-year change of -4.2%.
- Revenues- Total net earned premiums: $3.33 billion versus $3.43 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -0.2% change.
- Total adjusted revenues- Corporate and other: $272 million versus $345 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.2% change.
View all Key Company Metrics for Aflac here>>>
Shares of Aflac have returned +0.1% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Aflac Incorporated (AFL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
