Aflac (AFL) FCF Margin (2009 - 2026)
Aflac's (AFL) quarterly FCF Margin came in at 29.24% in Q1 2026, up 1182.0% year-on-year from 2.28% in Q1 2025, and up 351.76% quarter-over-quarter from 6.47% in Q4 2025.
Aflac (AFL) FCF Margin (2009 - 2026) Analysis & Trends
Aflac has disclosed FCF Margin across 17 years of filings, most recently posting 29.24% for Q1 2026.
- FCF Margin for Q1 2026 came in at 29.24%, up 1182.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.68% (up 214.0% YoY), and the FY2025 annual result was 14.89%, down 526.0% from the prior year.
- FCF Margin came in at 29.24% for Q1 2026 at Aflac, up from 6.47% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 43.07% in Q3 2024 to a low of 4.96% in Q2 2024.
- The 5-year median for FCF Margin is 17.42% (2025), against an average of 20.46%.
- Across the five-year window, FCF Margin tumbled 1235 bps in 2023 and jumped 1729 bps in 2024, its largest moves.
- Aflac's FCF Margin stood at 29.32% in 2022, then plunged by 41 bps to 17.19% in 2023, then plunged by 42 bps to 10.0% in 2024, then slumped by 35 bps to 6.47% in 2025, then jumped by 352 bps to 29.24% in 2026.
- The last three FCF Margin figures came in at 29.24% (Q1 2026), 6.47% (Q4 2025), and 37.13% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 575.36 Bn | 575.36 Bn | - | - |
| 2 | Aflac | 60.03 Bn | 54.38 Bn | 1.48 Bn | 29.24% |
| 3 | Metlife | 56.29 Bn | 40.35 Bn | 256.00 Mn | 22.17% |
| 4 | Unum | 14.92 Bn | 4.96 Bn | 1.40 Bn | 8.98% |
| 5 | Globe Life | 12.80 Bn | 12.12 Bn | 1.45 Bn | 25.39% |
| 6 | Primerica | 8.79 Bn | 8.79 Bn | 770.81 Mn | 17.97% |
| 7 | Jackson Financial | 7.51 Bn | 1.68 Bn | - | 1,146.43% |
| 8 | Lincoln National | 6.95 Bn | -8.74 Bn | 3.25 Bn | 2.60% |
| 9 | CNO Financial | 4.67 Bn | 4.33 Bn | 754.30 Mn | 14.45% |
| 10 | Prudential | 4.24 Bn | 4.24 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.24% |
| Dec 31, 2025 | 6.47% |
| Sep 30, 2025 | 37.13% |
| Jun 30, 2025 | 9.59% |
| Mar 31, 2025 | 17.42% |
| Dec 31, 2024 | 10.00% |
| Sep 30, 2024 | 43.07% |
| Jun 30, 2024 | 4.96% |
| Mar 31, 2024 | 15.62% |
| Dec 31, 2023 | 17.19% |
| Sep 30, 2023 | 25.78% |
| Jun 30, 2023 | 8.55% |
| Mar 31, 2023 | 18.54% |
| Dec 31, 2022 | 29.32% |
| Sep 30, 2022 | 30.44% |
| Jun 30, 2022 | 13.55% |
| Mar 31, 2022 | 30.89% |
| Dec 31, 2021 | 17.81% |
| Sep 30, 2021 | 35.38% |
| Jun 30, 2021 | 17.29% |