Free Cash Flow for Aflac (AFL)
Free Cash Flow for Aflac (AFL): headline value $2.93B · YoY -5.6%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
AFL
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.93B
YoY change
-5.6%
5Y CAGR
-15.6%
Peak year (2012)
$14.95B
Latest annual
$2.56B
Free Cash Flow history chart for Aflac (AFL) from 1989 to 2025
Free Cash Flow history table for Aflac (AFL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.56B | -5.6% | -$152.00M | ||
| 2024 | $2.71B | -15.1% | -$483.00M | ||
| 2023 | $3.19B | -17.8% | -$689.00M | ||
| 2022 | $3.88B | -23.2% | -$1.17B | ||
| 2021 | $5.05B | -15.2% | -$907.00M | ||
| 2020 | $5.96B | +9.2% | +$503.00M | ||
| 2019 | $5.46B | -9.3% | -$559.00M | ||
| 2018 | $6.01B | -1.9% | -$114.00M | ||
| 2017 | $6.13B | +2.4% | +$141.00M | ||
| 2016 | $5.99B | -11.6% | -$789.00M | ||
| 2015 | $6.78B | +3.5% | +$226.00M | ||
| 2014 | $6.55B | -37.9% | -$4.00B | ||
| 2013 | $10.55B | -29.5% | -$4.41B | ||
| 2012 | $14.95B | +37.9% | +$4.11B | ||
| 2011 | $10.84B | +55.1% | +$3.85B | ||
| 2010 | $6.99B | +13.4% | +$828.00M | ||
| 2009 | $6.16B | +24.1% | +$1.20B | ||
| 2008 | $4.96B | +6.6% | +$309.00M | ||
| 2007 | $4.66B | +6.4% | +$282.00M | ||
| 2006 | $4.37B | -1.0% | -$43.00M | ||
| 2005 | $4.42B | -1.1% | -$48.00M | ||
| 2004 | $4.46B | +32.6% | +$1.10B | ||
| 2003 | $3.37B | +11.8% | +$355.00M | ||
| 2002 | $3.01B | +7.5% | +$209.00M | ||
| 2001 | $2.80B | -12.9% | -$415.00M | ||
| 2000 | $3.22B | +15.3% | +$426.00M | ||
| 1999 | $2.79B | +13.5% | +$333.00M | ||
| 1998 | $2.46B | -5.0% | -$129.00M | ||
| 1997 | $2.59B | -3.5% | -$95.00M | ||
| 1996 | $2.68B | -8.3% | -$242.70M | ||
| 1995 | $2.93B | +34.0% | +$742.85M | ||
| 1994 | $2.18B | +25.9% | +$449.85M | ||
| 1993 | $1.73B | +23.3% | +$327.20M | ||
| 1992 | $1.41B | +14.4% | +$177.20M | ||
| 1991 | $1.23B | +25.0% | +$245.60M | ||
| 1990 | $984.00M | +15.3% | +$130.90M | ||
| 1989 | $853.10M | — | — |
Free Cash Flow values are taken from Aflac's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual free cash flow for Aflac (AFL) came in at $2.56B – declined 5.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Aflac free cash flow compounded at -15.6% per year, with a net decline across the window.
Between 2012 and 2025, Aflac free cash flow plunged 82.9%, falling from $14.95B to $2.56B.
The dataset's maximum free cash flow sits at $14.95B (2012); the minimum reading of $853.10M dates to 1989.
Within Financial Services, Aflac (AFL) ranks 7th among 8 peers we track. The peer median for free cash flow is $19.24B.
Aflac Free Cash Flow by Year
Aflac Free Cash Flow 2025: $2.56B
Aflac free cash flow in 2025 was $2.56B, declined 5.6% below 2024.
Aflac Free Cash Flow 2024: $2.71B
Aflac free cash flow in 2024 was $2.71B, declined 15.1% below 2023.
Aflac Free Cash Flow 2023: $3.19B
Aflac free cash flow in 2023 was $3.19B, declined 17.8% below 2022.
Aflac Free Cash Flow 2022: $3.88B
Aflac free cash flow in 2022 was $3.88B, declined 23.2% below 2021.
Aflac Free Cash Flow 2021: $5.05B
Aflac free cash flow in 2021 was $5.05B.
See more financial history for Aflac (AFL).
Sector peers — Free Cash Flow
Companies in the same sector as Aflac, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $100.87B | Financial Services |
| Morgan Stanley (MS) | $46.10B | Financial Services |
| Berkshire Hathaway (BRK-B) | $25.04B | Financial Services |
| Visa (V) | $21.58B | Financial Services |
| Mastercard (MA) | $16.91B | Financial Services |
| Bank of America (BAC) | $12.61B | Financial Services |
| Wells Fargo (WFC) | -$19.00B | Financial Services |
| Goldman Sachs (GS) | -$47.22B | Financial Services |
Frequently asked questions
What is Aflac's free cash flow?
Latest reported free cash flow for Aflac (AFL) is $2.93B (period ending March 31, 2026).
How has Aflac free cash flow changed year-over-year?
Aflac (AFL) free cash flow changed -5.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Aflac free cash flow?
Aflac (AFL) free cash flow compound annual growth rate is -15.6% over the most recent 5 years available.
When did Aflac free cash flow hit its highest annual value?
Aflac free cash flow reached its highest annual value of $14.95B in 2012.
What was Aflac free cash flow in 2024?
Aflac (AFL) free cash flow in 2024 was $2.71B.
What was Aflac free cash flow in 2025?
Aflac (AFL) free cash flow in 2025 was $2.56B.
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