Aflac Incorporated (AFL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Aflac Incorporated (AFL) has a cash flow conversion efficiency ratio of 0.043x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($968.00 Million) by net assets ($22.44 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Aflac Incorporated (AFL) balance sheet quality index to measure how much of total assets are equity-financed.
Aflac Incorporated - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Aflac Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check AFL cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Aflac Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Aflac Incorporated ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Elite Material Co Ltd
TW:2383
|
0.056x |
|
Larsen & Toubro Limited
IL:LTOD
|
N/A |
|
Truist Financial Corp
NYSE:TFC
|
0.011x |
|
Luxshare Precision Industry Co Ltd
SHE:002475
|
0.051x |
|
PACCAR Inc
NASDAQ:PCAR
|
0.049x |
|
NXP Semiconductors NV
NASDAQ:NXPI
|
0.070x |
|
Dominion Energy Inc
NYSE:D
|
0.026x |
|
MEITUAN UNSP.ADR/2B
F:9MDA
|
N/A |
Annual Cash Flow Conversion Efficiency for Aflac Incorporated (1989–2025)
The table below shows the annual cash flow conversion efficiency of Aflac Incorporated from 1989 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Aflac Incorporated.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $29.49 Billion | $2.56 Billion | 0.087x | -16.47% |
| 2024-12-31 | $26.10 Billion | $2.71 Billion | 0.104x | -28.51% |
| 2023-12-31 | $21.98 Billion | $3.19 Billion | 0.145x | -24.66% |
| 2022-12-31 | $20.14 Billion | $3.88 Billion | 0.193x | +26.80% |
| 2021-12-31 | $33.25 Billion | $5.05 Billion | 0.152x | +300.74% |
| 2020-12-31 | $157.19 Billion | $5.96 Billion | 0.038x | -79.88% |
| 2019-12-31 | $28.96 Billion | $5.46 Billion | 0.188x | -26.51% |
| 2018-12-31 | $23.46 Billion | $6.01 Billion | 0.256x | +1.92% |
| 2017-12-31 | $24.36 Billion | $6.13 Billion | 0.252x | -13.96% |
| 2016-12-31 | $20.48 Billion | $5.99 Billion | 0.292x | -25.02% |
| 2015-12-31 | $17.38 Billion | $6.78 Billion | 0.390x | +9.19% |
| 2014-12-31 | $18.35 Billion | $6.55 Billion | 0.357x | -50.51% |
| 2013-12-31 | $14.62 Billion | $10.55 Billion | 0.721x | -22.91% |
| 2012-12-31 | $15.98 Billion | $14.95 Billion | 0.936x | +11.74% |
| 2011-12-31 | $12.95 Billion | $10.84 Billion | 0.837x | +32.48% |
| 2010-12-31 | $11.06 Billion | $6.99 Billion | 0.632x | -13.64% |
| 2009-12-31 | $8.42 Billion | $6.16 Billion | 0.732x | -2.12% |
| 2008-12-31 | $6.64 Billion | $4.96 Billion | 0.748x | +41.27% |
| 2007-12-31 | $8.79 Billion | $4.66 Billion | 0.529x | +0.42% |
| 2006-12-31 | $8.34 Billion | $4.40 Billion | 0.527x | -5.74% |
| 2005-12-31 | $7.93 Billion | $4.43 Billion | 0.559x | -5.56% |
| 2004-12-31 | $7.58 Billion | $4.49 Billion | 0.592x | +16.12% |
| 2003-12-31 | $6.65 Billion | $3.39 Billion | 0.510x | +7.32% |
| 2002-12-31 | $6.39 Billion | $3.04 Billion | 0.475x | -9.53% |
| 2001-12-31 | $5.42 Billion | $2.85 Billion | 0.525x | -24.03% |
| 2000-12-31 | $4.69 Billion | $3.25 Billion | 0.691x | -4.74% |
| 1999-12-31 | $3.87 Billion | $2.81 Billion | 0.726x | +9.44% |
| 1998-12-31 | $3.77 Billion | $2.50 Billion | 0.663x | -12.45% |
| 1997-12-31 | $3.43 Billion | $2.60 Billion | 0.757x | -40.24% |
| 1996-12-31 | $2.13 Billion | $2.69 Billion | 1.267x | -8.13% |
| 1995-12-31 | $2.13 Billion | $2.94 Billion | 1.380x | +2.00% |
| 1994-12-31 | $1.75 Billion | $2.37 Billion | 1.352x | +0.08% |
| 1993-12-31 | $1.37 Billion | $1.85 Billion | 1.351x | -2.76% |
| 1992-12-31 | $1.08 Billion | $1.50 Billion | 1.390x | +3.42% |
| 1991-12-31 | $923.50 Million | $1.24 Billion | 1.344x | +5.59% |
| 1990-12-31 | $791.00 Million | $1.01 Billion | 1.273x | +3.03% |
| 1989-12-31 | $702.20 Million | $867.30 Million | 1.235x | -- |
About Aflac Incorporated
Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates in two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care, whole life, and GIFT insurance products, as well as WAYS and child endowment, and Tsumitasu insurance products in Japan. Its Aflac U.S. segment provides accident, disability, ca… Read more