Aflac (AFL) Free Cash Flow (2009 - 2026)

Aflac's (AFL) quarterly Free Cash Flow came in at $968.0 million in Q1 2026, up 64.35% year-on-year from $589.0 million in Q1 2025, and up 207.3% quarter-over-quarter from $315.0 million in Q4 2025.

Aflac (AFL) Free Cash Flow (2009 - 2026) Analysis & Trends

Aflac has disclosed Free Cash Flow across 17 years of filings, most recently posting $968.0 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $968.0 million, up 64.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 19.9% YoY), and the FY2025 annual result was $2.6 billion, down 5.62% from the prior year.
  • Free Cash Flow came in at $968.0 million for Q1 2026 at Aflac, up from $315.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.3 billion in Q3 2023 to a low of $255.0 million in Q2 2024.
  • The 5-year median for Free Cash Flow is $849.0 million (2024), against an average of $782.3 million.
  • Across the five-year window, Free Cash Flow tumbled 46.99% in 2022 and soared 64.35% in 2026, its largest moves.
  • Aflac's Free Cash Flow stood at $1.0 billion in 2022, then slumped by 43.66% to $582.0 million in 2023, then sank by 42.78% to $333.0 million in 2024, then declined by 5.41% to $315.0 million in 2025, then jumped by 207.3% to $968.0 million in 2026.
  • The last three Free Cash Flow figures came in at $968.0 million (Q1 2026), $315.0 million (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Manulife Financial 575.36 Bn 575.36 Bn - 2.58 Bn
2 Aflac 60.03 Bn 54.38 Bn 1.48 Bn 968.00 Mn
3 Metlife 56.29 Bn 40.35 Bn 256.00 Mn 2.69 Bn
4 Unum 14.92 Bn 4.96 Bn 1.40 Bn 301.20 Mn
5 Globe Life 12.80 Bn 12.12 Bn 1.45 Bn 396.03 Mn
6 Primerica 8.79 Bn 8.79 Bn 770.81 Mn 156.79 Mn
7 Jackson Financial 7.51 Bn 1.68 Bn - 321.00 Mn
8 Lincoln National 6.95 Bn -8.74 Bn 3.25 Bn 138.00 Mn
9 CNO Financial 4.67 Bn 4.33 Bn 754.30 Mn 148.80 Mn
10 Prudential 4.24 Bn 4.24 Bn - 104.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 968.00 Mn
Mar 31, 2026 968.00 Mn
Dec 31, 2025 315.00 Mn
Dec 31, 2025 315.00 Mn
Sep 30, 2025 1.25 Bn
Sep 30, 2025 1.25 Bn
Jun 30, 2025 399.00 Mn
Jun 30, 2025 399.00 Mn
Mar 31, 2025 589.00 Mn
Mar 31, 2025 589.00 Mn
Dec 31, 2024 333.00 Mn
Dec 31, 2024 333.00 Mn
Sep 30, 2024 1.27 Bn
Sep 30, 2024 1.27 Bn
Jun 30, 2024 255.00 Mn
Jun 30, 2024 255.00 Mn
Mar 31, 2024 849.00 Mn
Mar 31, 2024 849.00 Mn
Dec 31, 2023 582.00 Mn
Dec 31, 2023 582.00 Mn