Aflac Incorporated (AFL) — 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. See Aflac Incorporated free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Aflac Incorporated Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Aflac Incorporated across 37 annual periods. For the full cash flow conversion analysis, see Aflac Incorporated cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Aflac Incorporated (1989–2025)
Year-by-year capital reinvestment analysis for Aflac Incorporated. See how financially flexible is Aflac Incorporated to measure the company's free cash flow as a share of total liabilities.
| 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 | — |