Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Aflac's annualizedGross Profit for the quarter that ended in Dec. 2023 was $15,428 Mil.
Aflac's average Total Assets over the quarter that ended in Dec. 2023 was $125,918 Mil. Therefore, Aflac's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 12.25%.
Aflac Gross-Profit-to-Asset % Historical Data
The historical data trend for Aflac's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Aflac's Gross-Profit-to-Asset %
For the Insurance - Life subindustry, Aflac's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Aflac's Gross-Profit-to-Asset % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Aflac's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Aflac's Gross-Profit-to-Asset % falls into.
Aflac Gross-Profit-to-Asset % Calculation
Aflac's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Aflac Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Aflac's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
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