Aflac (AFL) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined compared to the immediately preceding quarter and was also slightly below the same quarter a year earlier. The reported trend shows a decrease from the prior quarter’s level.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined compared to the immediately preceding quarter and was also slightly below the same quarter a year earlier. The reported trend shows a decrease from the prior quarter’s level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.1B
Revenue reported for this quarter.
Quarter-over-quarter
-5.5%
Change from the immediately preceding quarter.
Year-over-year
-0.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $5B | +5.2% |
| Dec 31, 2023 | $3.8B | -4.3% |
| Mar 31, 2024 | $5.4B | +13.3% |
| Jun 30, 2024 | $5.1B | -0.7% |
Revenue performance
The reported revenue was lower than the previous quarter and nearly flat versus the same quarter last year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue fell; compared with the same quarter one year earlier, revenue also decreased slightly. Both comparisons confirm a downward direction.
What to watch
The filing describes operating measures such as premium persistency and new annualized premium sales as key performance indicators.