Aflac Incorporated (AFL) — Financial Flexibility Index
Aflac Incorporated (AFL) has a Financial Flexibility Index of 0.01x as of March 2026. Free cash flow of $968.00 Million (operating CF $968.00 Million minus capex $0.00) represents 0% of total liabilities ($97.82 Billion). Check AFL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Aflac Incorporated Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Aflac Incorporated across 37 annual periods. See AFL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Aflac Incorporated (1989–2025)
Year-by-year free cash flow to debt coverage for Aflac Incorporated. For the full company profile including market capitalisation, see Aflac Incorporated market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.03x | $2.56 Billion | $2.56 Billion | $86.98 Billion | ▼ -0.7% |
| 2024 | 0.03x | $2.71 Billion | $2.71 Billion | $91.47 Billion | ▼ -2.8% |
| 2023 | 0.03x | $3.19 Billion | $3.19 Billion | $104.74 Billion | ▼ -12.4% |
| 2022 | 0.03x | $3.88 Billion | $3.88 Billion | $111.60 Billion | ▼ -14.5% |
| 2021 | 0.04x | $5.05 Billion | $5.05 Billion | $124.29 Billion | ▼ -94.6% |
| 2020 | 0.75x | $5.96 Billion | $5.96 Billion | $7.90 Billion | ▲ +1611.9% |
| 2019 | 0.04x | $5.46 Billion | $5.46 Billion | $123.81 Billion | ▼ -14.3% |
| 2018 | 0.05x | $6.01 Billion | $6.01 Billion | $116.94 Billion | ▼ -5.3% |
| 2017 | 0.05x | $6.13 Billion | $6.13 Billion | $112.85 Billion | ▼ -0.8% |
| 2016 | 0.05x | $5.99 Billion | $5.99 Billion | $109.34 Billion | ▼ -18.5% |
| 2015 | 0.07x | $6.78 Billion | $6.78 Billion | $100.91 Billion | ▲ +4.0% |
| 2014 | 0.06x | $6.55 Billion | $6.55 Billion | $101.42 Billion | ▼ -34.7% |
| 2013 | 0.10x | $10.55 Billion | $10.55 Billion | $106.69 Billion | ▼ -23.9% |
| 2012 | 0.13x | $14.95 Billion | $14.95 Billion | $115.12 Billion | ▲ +23.7% |
| 2011 | 0.10x | $10.84 Billion | $10.84 Billion | $103.29 Billion | ▲ +35.1% |
| 2010 | 0.08x | $6.99 Billion | $6.99 Billion | $89.98 Billion | ▼ -20.3% |
| 2009 | 0.10x | $7.38 Billion | $6.16 Billion | $75.69 Billion | ▲ +41.3% |
| 2008 | 0.07x | $5.01 Billion | $4.96 Billion | $72.69 Billion | ▼ -16.4% |
| 2007 | 0.08x | $4.70 Billion | $4.66 Billion | $57.01 Billion | ▼ -4.0% |
| 2006 | 0.09x | $4.42 Billion | $4.40 Billion | $51.46 Billion | ▼ -6.5% |
| 2005 | 0.09x | $4.45 Billion | $4.43 Billion | $48.43 Billion | ▲ +5.5% |
| 2004 | 0.09x | $4.51 Billion | $4.49 Billion | $51.75 Billion | ▲ +13.2% |
| 2003 | 0.08x | $3.41 Billion | $3.39 Billion | $44.32 Billion | ▼ -2.9% |
| 2002 | 0.08x | $3.06 Billion | $3.04 Billion | $38.66 Billion | ▼ -11.2% |
| 2001 | 0.09x | $2.89 Billion | $2.85 Billion | $32.44 Billion | ▼ -11.2% |
| 2000 | 0.10x | $3.27 Billion | $3.25 Billion | $32.54 Billion | ▲ +18.2% |
| 1999 | 0.09x | $2.82 Billion | $2.81 Billion | $33.17 Billion | ▼ -8.1% |
| 1998 | 0.09x | $2.54 Billion | $2.50 Billion | $27.45 Billion | ▼ -7.6% |
| 1997 | 0.10x | $2.61 Billion | $2.60 Billion | $26.02 Billion | ▼ -15.2% |
| 1996 | 0.12x | $2.70 Billion | $2.69 Billion | $22.89 Billion | ▼ -7.5% |
| 1995 | 0.13x | $2.96 Billion | $2.94 Billion | $23.20 Billion | ▼ -7.4% |
| 1994 | 0.14x | $2.55 Billion | $2.37 Billion | $18.54 Billion | ▼ -0.9% |
| 1993 | 0.14x | $1.96 Billion | $1.85 Billion | $14.08 Billion | ▼ -5.9% |
| 1992 | 0.15x | $1.60 Billion | $1.50 Billion | $10.82 Billion | ▲ +8.9% |
| 1991 | 0.14x | $1.25 Billion | $1.24 Billion | $9.22 Billion | ▼ -4.4% |
| 1990 | 0.14x | $1.03 Billion | $1.01 Billion | $7.24 Billion | ▼ -6.3% |
| 1989 | 0.15x | $881.50 Million | $867.30 Million | $5.81 Billion | — |