Aflac Incorporated (AFL) — Tangible Net Worth Ratio
Aflac Incorporated (AFL) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($22.44 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Aflac Incorporated (AFL) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Aflac Incorporated Tangible Net Worth Ratio (1985–2025)
This chart shows how Aflac Incorporated's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $22.44 Billion with intangible assets of $0.00 USD. Also explore how fast is Aflac Incorporated growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Aflac Incorporated (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Aflac Incorporated from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Aflac Incorporated worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 69.4% | $29.49 Billion | $9.03 Billion | $116.47 Billion | ▲ +2.9 pp |
| 2024 | 66.4% | $26.10 Billion | $8.76 Billion | $117.57 Billion | ▲ +8.0 pp |
| 2023 | 58.5% | $21.98 Billion | $9.13 Billion | $126.72 Billion | ▲ +1.1 pp |
| 2022 | 57.3% | $20.14 Billion | $8.59 Billion | $131.74 Billion | ▼ -14.0 pp |
| 2021 | 71.4% | $33.25 Billion | $9.53 Billion | $157.54 Billion | ▼ -22.0 pp |
| 2020 | 93.4% | $157.19 Billion | $10.44 Billion | $165.09 Billion | ▲ +28.3 pp |
| 2019 | 65.0% | $28.96 Billion | $10.13 Billion | $152.77 Billion | ▲ +7.1 pp |
| 2018 | 57.9% | $23.46 Billion | $9.88 Billion | $140.41 Billion | ▼ -3.1 pp |
| 2017 | 61.0% | $24.36 Billion | $9.51 Billion | $137.22 Billion | ▲ +4.9 pp |
| 2016 | 56.1% | $20.48 Billion | $8.99 Billion | $129.82 Billion | ▲ +5.1 pp |
| 2015 | 51.0% | $17.38 Billion | $8.51 Billion | $118.30 Billion | ▼ -3.9 pp |
| 2014 | 54.9% | $18.35 Billion | $8.27 Billion | $119.77 Billion | ▲ +15.1 pp |
| 2013 | 39.8% | $14.62 Billion | $8.80 Billion | $121.31 Billion | ▲ +0.3 pp |
| 2012 | 39.6% | $15.98 Billion | $9.66 Billion | $131.09 Billion | ▼ -60.4 pp |
| 2011 | 100.0% | $12.95 Billion | $0.00 | $116.24 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | $11.06 Billion | $0.00 | $101.04 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | $8.42 Billion | $0.00 | $84.11 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $6.64 Billion | $0.00 | $79.33 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $8.79 Billion | $0.00 | $65.81 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | $8.34 Billion | $0.00 | $59.80 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | $7.93 Billion | $0.00 | $56.36 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $7.58 Billion | $0.00 | $59.33 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $6.65 Billion | $0.00 | $50.96 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $6.39 Billion | $0.00 | $45.06 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $5.42 Billion | $0.00 | $37.86 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $4.69 Billion | $0.00 | $37.23 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $3.87 Billion | $0.00 | $37.04 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $3.77 Billion | $0.00 | $31.22 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $3.43 Billion | $0.00 | $29.45 Billion | ▲ +2.9 pp |
| 1996 | 97.1% | $2.13 Billion | $60.90 Million | $25.02 Billion | ▲ +2.0 pp |
| 1995 | 95.1% | $2.13 Billion | $104.50 Million | $25.34 Billion | ▲ +1.4 pp |
| 1994 | 93.7% | $1.75 Billion | $109.86 Million | $20.29 Billion | ▲ +2.1 pp |
| 1993 | 91.7% | $1.37 Billion | $114.00 Million | $15.44 Billion | ▲ +2.4 pp |
| 1992 | 89.2% | $1.08 Billion | $116.60 Million | $11.90 Billion | ▲ +2.3 pp |
| 1991 | 86.9% | $923.50 Million | $121.10 Million | $10.14 Billion | ▲ +2.8 pp |
| 1990 | 84.1% | $791.00 Million | $125.60 Million | $8.03 Billion | ▲ +2.7 pp |
| 1989 | 81.5% | $702.20 Million | $130.20 Million | $6.52 Billion | ▼ -18.5 pp |
| 1988 | 100.0% | $642.40 Million | $0.00 | $6.07 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $549.10 Million | $0.00 | $5.03 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $446.10 Million | $0.00 | $3.30 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $339.60 Million | $0.00 | $2.27 Billion | — |