Aflac Incorporated (AFL) — Free Cash Flow Generation Index

Latest as of March 2026: 1.00x

Aflac Incorporated (AFL) has a Free Cash Flow Generation Index of 1.00x as of March 2026. Free cash flow of $968.00 Million represents 1% of operating cash flow ($968.00 Million). Explore Aflac Incorporated (AFL) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.00x
Free Cash Flow / Operating CF

Free Cash Flow

$968.00 Million
USD

Operating Cash Flow

$968.00 Million
USD

Capital Expenditures

$0.00
USD

Aflac Incorporated Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for Aflac Incorporated across 37 annual periods. For the full cash flow conversion analysis, see Aflac Incorporated (AFL) cash flow conversion.

Annual Free Cash Flow Generation for Aflac Incorporated (1989–2025)

Year-by-year Free Cash Flow Generation Index for Aflac Incorporated. Check Aflac Incorporated (AFL) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 1.00x $2.56 Billion $2.56 Billion $0.00 ▲ +0.0%
2024 1.00x $2.71 Billion $2.71 Billion $0.00 ▲ +0.0%
2023 1.00x $3.19 Billion $3.19 Billion $0.00 ▲ +0.0%
2022 1.00x $3.88 Billion $3.88 Billion $0.00 ▲ +0.0%
2021 1.00x $5.05 Billion $5.05 Billion $0.00 ▲ +0.0%
2020 1.00x $5.96 Billion $5.96 Billion $0.00 ▲ +0.0%
2019 1.00x $5.46 Billion $5.46 Billion $0.00 ▲ +0.0%
2018 1.00x $6.01 Billion $6.01 Billion $0.00 ▲ +0.0%
2017 1.00x $6.13 Billion $6.13 Billion $0.00 ▲ +0.0%
2016 1.00x $5.99 Billion $5.99 Billion $0.00 ▲ +0.0%
2015 1.00x $6.78 Billion $6.78 Billion $0.00 ▲ +0.0%
2014 1.00x $6.55 Billion $6.55 Billion $0.00 ▲ +0.0%
2013 1.00x $10.55 Billion $10.55 Billion $0.00 ▲ +0.0%
2012 1.00x $14.95 Billion $14.95 Billion $0.00 ▲ +0.0%
2011 1.00x $10.84 Billion $10.84 Billion $0.00 ▲ +0.0%
2010 1.00x $6.99 Billion $6.99 Billion $0.00 ▲ +0.0%
2009 1.00x $6.16 Billion $6.16 Billion $1.21 Billion ▲ +0.0%
2008 1.00x $4.96 Billion $4.96 Billion $49.00 Million ▲ +0.0%
2007 1.00x $4.66 Billion $4.66 Billion $46.00 Million ▲ +0.5%
2006 0.99x $4.37 Billion $4.40 Billion $23.00 Million ▼ -0.2%
2005 1.00x $4.42 Billion $4.43 Billion $16.00 Million ▲ +0.1%
2004 1.00x $4.46 Billion $4.49 Billion $21.00 Million ▲ +0.2%
2003 0.99x $3.37 Billion $3.39 Billion $21.00 Million ▲ +0.2%
2002 0.99x $3.01 Billion $3.04 Billion $25.00 Million ▲ +0.8%
2001 0.98x $2.80 Billion $2.85 Billion $45.00 Million ▼ -0.8%
2000 0.99x $3.22 Billion $3.25 Billion $26.00 Million ▼ -0.3%
1999 1.00x $2.79 Billion $2.81 Billion $14.00 Million ▲ +1.1%
1998 0.98x $2.46 Billion $2.50 Billion $40.00 Million ▼ -1.3%
1997 1.00x $2.59 Billion $2.60 Billion $9.00 Million ▲ +0.0%
1996 1.00x $2.68 Billion $2.69 Billion $10.00 Million ▲ +0.2%
1995 0.99x $2.93 Billion $2.94 Billion $17.40 Million ▲ +7.8%
1994 0.92x $2.18 Billion $2.37 Billion $185.40 Million ▼ -1.9%
1993 0.94x $1.73 Billion $1.85 Billion $112.00 Million ▲ +0.4%
1992 0.94x $1.41 Billion $1.50 Billion $96.70 Million ▼ -5.6%
1991 0.99x $1.23 Billion $1.24 Billion $11.30 Million ▲ +1.4%
1990 0.98x $984.00 Million $1.01 Billion $22.60 Million ▼ -0.6%
1989 0.98x $853.10 Million $867.30 Million $14.20 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).