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Aflac Owner Earnings per Share (TTM)

: 0.00 (As of Jun. 2022)
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In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Aflac does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Aflac's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Aflac was 9.46. The lowest was 0.00. And the median was 0.00.



Aflac's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $2.16. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $6.63. It's PE Ratio ratio for today is 8.48.

Aflac's EPS without NRI for the three months ended in Jun. 2022 was $2.16. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $6.63. It's PE Ratio without NRI ratio for today is 8.48.


Aflac Owner Earnings per Share (TTM) Historical Data

The historical data trend for Aflac's Owner Earnings per Share (TTM) 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.

* Premium members only.

Aflac Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Owner Earnings per Share (TTM)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Aflac Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Owner Earnings per Share (TTM) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Insurance - Life subindustry, Aflac's Owner Earnings per Share (TTM), along with its competitors' market caps and Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) Distribution

For the Insurance industry and Financial Services sector, Aflac's Owner Earnings per Share (TTM) distribution charts can be found below:

* The bar in red indicates where Aflac's Owner Earnings per Share (TTM) falls into.



Aflac Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Aflac does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Aflac Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Aflac's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Aflac Business Description

Aflac logo
Industry
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
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 accidents, 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.
Executives
Collins Arthur Reginald director 3911 LORCOM LANE ARLINGTON VA 22207
Mori Nobuchika director 1932 WYNNTON ROAD COLUMBUS GA 31999
Kiser Georgette D. director 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Beaver Steven Kent officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD COLUMBUS GA 31999
Williams Richard Jr officer: Executive V.P. 1932 WYNNTON RD COLUMBUS GA 31999
Riggieri Albert officer: SVP, Corporate Actuary 1932 WYNNTON RD COLUMBUS GA 31999
Rohrer Katherine director 1932 WYNNTON RD COLUMBUS GA 31999
Koide Masatoshi officer: Deputy President, Aflac Japan 1932 WYNNTON RD COLUMBUS GA 31999
Broden Max officer: Senior Vice President 1932 WYNNTON RD COLUMBUS GA 31999
Lloyd Karole director 1932 WYNNTON ROAD COLUMBUS GA 31999
Fukuzawa Toshihiko director 1932 WYNNTON RD COLUMBUS GA 31999
Daniels James Todd officer: Sr. Vice President 1932 WYNNTON ROAD COLUMBUS GA 31999
Crawford Frederick John officer: EVP, Chief Financial Officer AFLAC INCORPORATED COLUMBUS GA 31999
Moskowitz Joseph L director 1932 WYNNTON ROAD COLUMBUS GA 31999
Kenny Thomas J director FRANKLIN RESOURCES INC 901 MARINERS ISLAND BLVD 6TH FLOOR SAN MATEO CA 94404

Aflac Headlines

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