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| Date | Value |
|---|---|
| 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 |