Aflac (AFL) Policyholder Funds: $5,423 Mil (As of Mar. 2026)

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AFL Aflac Inc AFL
71 GF Score
Price $124.61
GF Value $106.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aflac Policyholder Funds?

Aflac AFL -1.62% 71 Policyholder Funds is $5,423 Mil as of Mar. 2026. GuruFocus rates AFL with a GF Score™ of 71/100 and a GF Value™ of $106.39 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Aflac's quarterly policyholder funds declined from Sep. 2025 ($5,785 Mil) to Dec. 2025 ($5,445 Mil) and declined from Dec. 2025 ($5,445 Mil) to Mar. 2026 ($5,423 Mil).

Aflac's annual policyholder funds declined from Dec. 2023 ($6,169 Mil) to Dec. 2024 ($5,460 Mil) and declined from Dec. 2024 ($5,460 Mil) to Dec. 2025 ($5,445 Mil).

Aflac Policyholder Funds Historical Data

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The historical data trend for Aflac's Policyholder Funds 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.

Aflac Policyholder Funds Chart

Aflac Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Policyholder Funds
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,072.00 6,643.00 6,169.00 5,460.00 5,445.00

Aflac Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Policyholder Funds Get a 7-Day Free Trial 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 6,002.00 5,785.00 5,445.00 5,423.00 0.00
AFL
71GF Score
Aflac Inc AFL
Policyholder Funds is just one metric. See GF Score™, valuation, warning signs, and more.
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Aflac Policyholder Funds Calculation

Policyholder funds.

Frequently Asked Questions Learn more about Policyholder Funds →
What does a Policyholder Funds of $5,423 Mil mean?
Aflac (AFL) has a Policyholder Funds of $5,423 Mil as of Mar. 2026. Policyholder funds is the total liability an insurance company incurs for policyholder contract deposits. View historical data on Aflac and its competitors.
Is Aflac's Policyholder Funds too high?
Aflac's current Policyholder Funds is $5,423 Mil. Overall, Aflac has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aflac's Policyholder Funds compare to MET and PRU?
Aflac's Policyholder Funds of $5,423 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Policyholder Funds for an Insurance company?
A good Policyholder Funds depends on the Insurance industry context. However, Policyholder Funds should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Policyholder Funds mean?
A high Policyholder Funds can signal that a stock is expensive relative to its fundamentals. Policyholder funds is the total liability an insurance company incurs for policyholder contract deposits. View historical data on Aflac and its competitors. Aflac's current Policyholder Funds is $5,423 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aflac stock overvalued right now?
Based on GuruFocus' analysis, Aflac (AFL) is currently considered Modestly Overvalued. The stock's GF Value™ is $106.39, compared to a current price of $124.61 — trading 17.1% above its estimated fair value. The current Policyholder Funds is $5,423 Mil. Aflac's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Policyholder Funds calculated?
Policyholder Funds is calculated from a company's financial statements. For Aflac (AFL), the current Policyholder Funds is $5,423 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aflac (AFL) Overvalued in 2026?

Based on GuruFocus' analysis, Aflac stock appears to be overvalued. The current stock price of $124.61 is trading 17.1% above its estimated GF Value™ of $106.39. GuruFocus considers Aflac to be Modestly Overvalued.

Key valuation signals for AFL:

  • Policyholder Funds: $5,423 Mil
  • GF Value™: $106.39 vs. price of $124.61 (17.1% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the AFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aflac Business Description

Address 1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, dental and vision, disability, and long-term-care insurance. It markets its products through independent distributors, selling the majority of its policies directly to consumers at their places of work, and also reaches out to its customers outside of their worksite through digital mediums. The company has two reportable business segments: Aflac Japan, which generates the maximum revenue, and Aflac U.S.
71GF Score

Get the complete analysis for AFL

Policyholder Funds is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$124.61
Price
$106.39
GF Value