Aflac Incorporated Cash Flow Reinvestment Rate

Latest as of March 2026: 2.55x

Aflac Incorporated cash flow reinvestment rate. Aflac Incorporated (AFL) has a Cash Flow Reinvestment Rate of 2.55x as of March 2026, reinvesting $2.47 Billion (capex $0.00 plus investments $-2.47 Billion) from operating cash flow of $968.00 Million. Explore Aflac Incorporated debt service capacity to assess how comfortably operating cash covers total debt obligations.

Reinvestment Rate

2.55x
(Capex + Investments) / Operating CF

Total Reinvested

$2.47 Billion
Capex + Investments

Operating Cash Flow

$968.00 Million
USD

Capital Expenditures

$0.00
USD

Cash Flow Reinvestment Rate of Aflac Incorporated (1989–2025)

Cash flow reinvestment rate of Aflac Incorporated from 1989 to 2025. Historical reinvestment intensity for Aflac Incorporated across 37 annual periods. Explore Aflac Incorporated (AFL) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Aflac Incorporated Cash Flow Reinvestment Rate by Year (1989–2025)

Aflac Incorporated cash flow reinvestment rate by year from 1989 to 2025. Year-by-year capital reinvestment analysis for Aflac Incorporated. For the full cash flow conversion analysis, see AFL cash flow conversion.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.39x $985.00 Million $2.56 Billion $0.00 ▼ -62.5%
2024 1.03x $2.78 Billion $2.71 Billion $0.00 ▲ +113.4%
2023 0.48x $1.54 Billion $3.19 Billion $0.00 ▲ +21.8%
2022 0.40x $1.53 Billion $3.88 Billion $0.00 ▲ +77.6%
2021 0.22x $1.12 Billion $5.05 Billion $0.00 ▼ -58.9%
2020 0.54x $3.23 Billion $5.96 Billion $0.00 ▲ +9.6%
2019 0.49x $2.70 Billion $5.46 Billion $0.00 ▼ -10.8%
2018 0.55x $3.33 Billion $6.01 Billion $0.00 ▲ +1.5%
2017 0.55x $3.35 Billion $6.13 Billion $0.00 ▲ +22.8%
2016 0.44x $2.66 Billion $5.99 Billion $0.00 ▼ -35.9%
2015 0.69x $4.70 Billion $6.78 Billion $0.00 ▲ +0.0%
2014 0.69x $4.54 Billion $6.55 Billion $0.00 ▼ -33.5%
2013 1.04x $11.00 Billion $10.55 Billion $0.00 ▼ -36.4%
2012 1.64x $24.50 Billion $14.95 Billion $0.00 —
2011 0.00x $0.00 $10.84 Billion $0.00 ▼ -100.0%
2010 1.32x $9.23 Billion $6.99 Billion $0.00 ▲ +570.3%
2009 0.20x $1.21 Billion $6.16 Billion $1.21 Billion ▲ +1896.6%
2008 0.01x $49.00 Million $4.96 Billion $49.00 Million ▼ -0.1%
2007 0.01x $46.00 Million $4.66 Billion $46.00 Million ▲ +88.9%
2006 0.01x $23.00 Million $4.40 Billion $23.00 Million ▲ +44.9%
2005 0.00x $16.00 Million $4.43 Billion $16.00 Million ▼ -22.9%
2004 0.00x $21.00 Million $4.49 Billion $21.00 Million ▼ -24.5%
2003 0.01x $21.00 Million $3.39 Billion $21.00 Million ▼ -24.7%
2002 0.01x $25.00 Million $3.04 Billion $25.00 Million ▼ -47.9%
2001 0.02x $45.00 Million $2.85 Billion $45.00 Million ▲ +97.1%
2000 0.01x $26.00 Million $3.25 Billion $26.00 Million ▲ +60.6%
1999 0.00x $14.00 Million $2.81 Billion $14.00 Million ▼ -68.8%
1998 0.02x $40.00 Million $2.50 Billion $40.00 Million ▲ +361.9%
1997 0.00x $9.00 Million $2.60 Billion $9.00 Million ▼ -6.7%
1996 0.00x $10.00 Million $2.69 Billion $10.00 Million ▼ -37.2%
1995 0.01x $17.40 Million $2.94 Billion $17.40 Million ▼ -92.4%
1994 0.08x $185.40 Million $2.37 Billion $185.40 Million ▲ +29.0%
1993 0.06x $112.00 Million $1.85 Billion $112.00 Million ▼ -5.7%
1992 0.06x $96.70 Million $1.50 Billion $96.70 Million ▲ +606.3%
1991 0.01x $11.30 Million $1.24 Billion $11.30 Million ▼ -59.4%
1990 0.02x $22.60 Million $1.01 Billion $22.60 Million ▲ +37.1%
1989 0.02x $14.20 Million $867.30 Million $14.20 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow