Columbus-based insurance company Aflac announced its third quarter earnings of $1.6 billion. Total revenues were $4.7 billion in the third quarter of 2025, compared with $2.9 billion in the third quarter of 2024, primarily due to net investment gains of $275 million this quarter.
The insurance and financial services company is one of the top employers in the greater Columbus area. Since its founding in 1955, Aflac’s footprint in the local economy is important. Their success helps drive success for their employees and shareholders.
Total revenues were $4.7 billion in the third quarter of 2025, compared with $2.9 billion in the third quarter of 2024, primarily due to net investment gains of $275 million this quarter compared to net investment losses of $1.4 billion in the third quarter of 2024. Net earnings were $1.6 billion, or $3.08 per diluted share, compared with net losses of $93 million.
Shareholders’ equity was $28.7 billion, or $54.57 per share, on September 30, 2025, compared with $24.8 billion, or $44.60 per share, on September 30, 2024. The Aflac board of directors declared the fourth quarter dividend of $0.58 per share, payable on December 1, 2025.
Commenting on the company’s results, Aflac Incorporated Chairman and Chief Executive Officer Daniel P. Amos said, “Aflac delivered very solid earnings for the quarter and the first nine months. These results reflect our focused efforts to execute on our strategy of creating long-term value for shareholders.”
At a time when more than 23,000 American businesses filed for bankruptcy over the 12-month period ending March 31, 2025, Aflac’s success is a testament to its business model.
Corporations struggling the most in 2025 are in the retail and casual dining sectors. Other struggling sectors include technology, which faces significant layoffs and competition, and manufacturing, especially those hit hard by policy changes. Key challenges across these industries include high interest rates, supply chain issues, operational costs, and adapting to digital transformation.
Aflac’s success comes despite a data breach in June after a cyberattack that potentially exposed sensitive customer information, including Social Security numbers and health records. The company quickly contained the intrusion, provided affected individuals with 24 months of free credit monitoring and identity theft protection, and filed an SEC report on the incident.
