Aflac (AFL) FCF Margin (2009 - 2026)
Aflac (AFL) recorded FCF Margin of 2.72% in Q2 2026, down 6.87 percentage points from 9.59% a year earlier and down 19.55 percentage points from the prior quarter.
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Analysis
Aflac (AFL) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Aflac's FCF Margin came in at 14.65% as of Jun 30, 2026, down 1.26 percentage points year-over-year; for FY2025, it came in at 14.89%, up 0.58 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -12.02 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 14.30% in FY2024 (-2.76 pp), 17.06% in FY2023 (-3.21 pp), 20.27% in FY2022 (-3.17 pp) and 23.43% in FY2021 (-3.47 pp).
- The Q2 2026 figure is the lowest quarterly FCF Margin in data going back to Q3 2009.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of -0.49 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 12.38 percentage points in Q3 2024, against a drop of 12.51 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.27% (Q1 2026), 6.47% (Q4 2025) and 26.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn | 37.49% |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn | 18.98% |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - | 20.36% |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn | 31.15% |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - | 32.57% |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - | 26.75% |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn | 10.15% |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn | 21.45% |
| 10 | Aflac | 62.39 Bn | 38.74 Bn | 1.87 Bn | 36.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.23% |
| Jun 30, 2026 | 2.72% |
| Mar 31, 2026 | 22.27% |
| Dec 31, 2025 | 6.47% |
| Sep 30, 2025 | 26.41% |
| Jun 30, 2025 | 9.59% |
| Mar 31, 2025 | 17.33% |
| Dec 31, 2024 | 6.16% |
| Sep 30, 2024 | 38.16% |
| Jun 30, 2024 | 4.96% |
| Mar 31, 2024 | 15.62% |
| Dec 31, 2023 | 15.41% |
| Sep 30, 2023 | 25.78% |
| Jun 30, 2023 | 8.55% |
| Mar 31, 2023 | 18.54% |
| Dec 31, 2022 | 26.17% |
| Sep 30, 2022 | 22.87% |
| Jun 30, 2022 | 9.60% |
| Mar 31, 2022 | 24.36% |
| Dec 31, 2021 | 17.81% |
API Access
Aflac FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=AFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "AFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=AFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();