Aflac Incorporated (AFL) — Cash Flow Quality Index
Aflac Incorporated (AFL) has a Cash Flow Quality Index of 0.95x as of March 2026. Operating cash flow of $968.00 Million is below net income of $1.02 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Aflac Incorporated long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Aflac Incorporated Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Aflac Incorporated across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check AFL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Aflac Incorporated (1989–2025)
Year-by-year earnings quality comparison for Aflac Incorporated. For live market cap and the full company financial profile, see Aflac Incorporated (AFL) total market value.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.70x | $2.56 Billion | $3.65 Billion | ▲ +40.9% |
| 2024 | 0.50x | $2.71 Billion | $5.44 Billion | ▼ -27.4% |
| 2023 | 0.68x | $3.19 Billion | $4.66 Billion | ▼ -25.8% |
| 2022 | 0.92x | $3.88 Billion | $4.20 Billion | ▼ -20.9% |
| 2021 | 1.17x | $5.05 Billion | $4.33 Billion | ▼ -6.3% |
| 2020 | 1.25x | $5.96 Billion | $4.78 Billion | ▼ -24.5% |
| 2019 | 1.65x | $5.46 Billion | $3.30 Billion | ▼ -19.8% |
| 2018 | 2.06x | $6.01 Billion | $2.92 Billion | ▲ +54.7% |
| 2017 | 1.33x | $6.13 Billion | $4.60 Billion | ▼ -40.9% |
| 2016 | 2.25x | $5.99 Billion | $2.66 Billion | ▼ -15.8% |
| 2015 | 2.68x | $6.78 Billion | $2.53 Billion | ▲ +20.5% |
| 2014 | 2.22x | $6.55 Billion | $2.95 Billion | ▼ -33.5% |
| 2013 | 3.34x | $10.55 Billion | $3.16 Billion | ▼ -36.0% |
| 2012 | 5.22x | $14.95 Billion | $2.87 Billion | ▼ -6.8% |
| 2011 | 5.60x | $10.84 Billion | $1.94 Billion | ▲ +86.4% |
| 2010 | 3.00x | $6.99 Billion | $2.33 Billion | ▼ -27.1% |
| 2009 | 4.12x | $6.16 Billion | $1.50 Billion | ▲ +3.9% |
| 2008 | 3.96x | $4.96 Billion | $1.25 Billion | ▲ +39.0% |
| 2007 | 2.85x | $4.66 Billion | $1.63 Billion | ▼ -3.9% |
| 2006 | 2.96x | $4.40 Billion | $1.48 Billion | ▼ -0.8% |
| 2005 | 2.99x | $4.43 Billion | $1.48 Billion | ▼ -15.6% |
| 2004 | 3.54x | $4.49 Billion | $1.27 Billion | ▼ -19.7% |
| 2003 | 4.41x | $3.39 Billion | $768.00 Million | ▲ +19.3% |
| 2002 | 3.70x | $3.04 Billion | $821.00 Million | ▼ -10.8% |
| 2001 | 4.15x | $2.85 Billion | $687.00 Million | ▼ -12.2% |
| 2000 | 4.72x | $3.25 Billion | $687.00 Million | ▼ -3.9% |
| 1999 | 4.92x | $2.81 Billion | $571.00 Million | ▼ -4.2% |
| 1998 | 5.13x | $2.50 Billion | $487.00 Million | ▲ +15.6% |
| 1997 | 4.44x | $2.60 Billion | $585.00 Million | ▼ -35.0% |
| 1996 | 6.84x | $2.69 Billion | $394.00 Million | ▼ -18.9% |
| 1995 | 8.43x | $2.94 Billion | $349.10 Million | ▲ +4.2% |
| 1994 | 8.09x | $2.37 Billion | $292.80 Million | ▲ +7.0% |
| 1993 | 7.57x | $1.85 Billion | $244.00 Million | ▼ -7.7% |
| 1992 | 8.20x | $1.50 Billion | $183.40 Million | ▼ -1.8% |
| 1991 | 8.34x | $1.24 Billion | $148.70 Million | ▼ -2.8% |
| 1990 | 8.59x | $1.01 Billion | $117.20 Million | ▼ -20.0% |
| 1989 | 10.73x | $867.30 Million | $80.80 Million | — |