Aflac Incorporated

AFL Financial Insurance Life

Aflac Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $17.2 billion, down 9.31% from fiscal 2024. In the quarter to June 2026, revenue fell 1.03%, EPS grew 46.4%, free cash flow fell 71.9% and total debt fell 2.28%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

119.97 1.92 +1.63%
Market cap
$59.2B
P/E
12.8×
Fwd P/E
16.3×
Dividend yield
2.01%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Aflac Incorporated (AFL) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Aflac Incorporated (AFL) trades at a price to free cash flow of 22.8×. Over the past ten years it has ranged from 3.4× (March 2020) to 25.0× (April 2025); the current reading is higher than 95% of that period. That is above the Insurance Life industry median of 7.7× and above the Financial sector median of 9.9×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 23.0× 7.00%
FY2024 21.5× 38.10%
FY2023 15.6× 32.86%
FY2022 11.7× 50.43%
FY2021 7.8× 46.18%
FY2020 5.3× (26.01%)
FY2019 7.2× 23.49%
FY2018 5.8× 2.54%
FY2017 5.7× 18.56%
FY2016 4.8× 25.97%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 22.3× 16.39%
Mar 2026 19.2× (16.58%)
Dec 2025 23.0× (0.05%)
Sep 2025 23.0× 5.34%
42 more quarters

Against its own ten years

Low 3.4× High 25.0×
Ten-year median 6.5×
Current reading's percentile 95

Price to free cash flow against peers

Company Price to free cash flow
PUK Prudential Public Limited Company compare n/m
LNC Lincoln National Corporation compare n/m
JXN Jackson Financial Inc. compare 1.6×
PRU Prudential Financial, Inc. compare 3.7×
MET MetLife, Inc. compare 4.2×
PRI Primerica, Inc. compare 10.5×
GL Globe Life Inc. compare 10.6×
UNM Unum Group compare 21.2×
AFL Aflac Incorporated 22.8×
Insurance Life industry median 7.7×
Financial sector median 9.9×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on AFL