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. Check Aflac Incorporated earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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. Explore Aflac Incorporated (AFL) investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Aflac Incorporated (1989–2025)
Year-by-year capital reinvestment analysis for Aflac Incorporated. For live market cap and broader valuation context, see Aflac Incorporated market cap and net worth.
| 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 | — |