Aflac (AFL) FCF Payout Ratio (2009 - 2026)

Aflac's (AFL) quarterly FCF Payout Ratio came in at 0.31 in Q1 2026, down 39.55% year-on-year from 0.52 in Q1 2025, and down 66.12% quarter-over-quarter from 0.93 in Q4 2025.

Aflac (AFL) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Aflac has disclosed FCF Payout Ratio across 17 years of filings, most recently posting 0.31 for Q1 2026.

  • FCF Payout Ratio for Q1 2026 came in at 0.31, down 39.55% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.41 (down 10.54% YoY), and the FY2025 annual result was 0.47, up 16.77% from the prior year.
  • FCF Payout Ratio came in at 0.31 for Q1 2026 at Aflac, down from 0.93 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 1.07 in Q2 2024 to a low of 0.19 in Q3 2023.
  • The 5-year median for FCF Payout Ratio is 0.33 (2024), against an average of 0.45.
  • Across the five-year window, FCF Payout Ratio surged 121.7% in 2022 and slumped 39.55% in 2026, its largest moves.
  • Aflac's FCF Payout Ratio stood at 0.23 in 2022, then soared by 75.26% to 0.41 in 2023, then soared by 97.73% to 0.8 in 2024, then increased by 15.61% to 0.93 in 2025, then sank by 66.12% to 0.31 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.31 (Q1 2026), 0.93 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Manulife Financial 568.62 Bn 568.62 Bn - 0.00
2 Aflac 59.20 Bn 53.55 Bn 1.48 Bn 0.31
3 Metlife 55.45 Bn 39.51 Bn 256.00 Mn 0.02
4 Unum 14.44 Bn 4.48 Bn 1.40 Bn 0.26
5 Globe Life 12.48 Bn 11.80 Bn 1.45 Bn 0.05
6 Primerica 8.62 Bn 8.62 Bn 770.81 Mn 0.24
7 Jackson Financial 7.51 Bn 1.67 Bn - 0.03
8 Lincoln National 6.79 Bn -8.89 Bn 3.25 Bn 0.62
9 CNO Financial 4.58 Bn 4.24 Bn 754.30 Mn 0.11
10 Prudential 4.22 Bn 4.22 Bn - -0.88

Historic Data

Download Data
DateValue
Mar 31, 2026 0.31
Dec 31, 2025 0.93
Sep 30, 2025 0.24
Jun 30, 2025 0.75
Mar 31, 2025 0.52
Dec 31, 2024 0.80
Sep 30, 2024 0.21
Jun 30, 2024 1.07
Mar 31, 2024 0.33
Dec 31, 2023 0.41
Sep 30, 2023 0.19
Jun 30, 2023 0.55
Mar 31, 2023 0.28
Dec 31, 2022 0.23
Sep 30, 2022 0.22
Jun 30, 2022 0.49
Mar 31, 2022 0.20
Dec 31, 2021 0.24
Sep 30, 2021 0.12
Jun 30, 2021 0.22