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 defensive interval ratio of Aflac Incorporated to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
PACCAR Inc
NASDAQ:PCAR
|
0.049x |
|
Sempra Energy
NYSE:SRE
|
0.042x |
|
Fubon Financial Holding Co Ltd
TW:2881
|
-0.001x |
|
Truist Financial Corp
NYSE:TFC
|
0.011x |
|
Astera Labs, Inc.
NASDAQ:ALAB
|
0.050x |
|
Vingroup JSC
VN:VIC
|
0.172x |
|
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 AFL company net worth.
| 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