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Aflac AFL Debt-to-equity

Debt-to-equity at other companies

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UnumUNM
0.3×0.0×
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0.0×
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Lincoln NationalLNC
0.6×-0.1×
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0.5×-0.1×
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Other financials

Income statement

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Revenue$4.3B+27.9%
Net income$1.0B+3,414%
EPS (diluted)$1.98+3,860%

Balance sheet

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Cash & equivalents$5.7B+8.1%
Total debt$8.0B+1.8%
Total equity$30.0B+13.8%
Total assets$116.28B-3.3%

Cash flow

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Operating cash flow$968.0M+64.3%

Valuation

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Market cap$64.89B+21.8%
Enterprise value$67.23B+21.5%
P/E14×-7.9×
P/S3.6×+0.2×

Profitability

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Net margin25.6%+4.3pp

Returns & leverage

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Return on equity16.5%+2.1pp

Where this comes from

Calculated from Aflac’s reported figures.

Based on the most recent quarter.

The source filing: Aflac’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 8:01 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030923

FAQ

What is Aflac's debt-to-equity?
Aflac (AFL) reported debt-to-equity of 0.3× in Q1 2026.
How has Aflac's debt-to-equity changed year-over-year?
Aflac's debt-to-equity decreased by 10.5% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Aflac's debt-to-equity?
Over 5 years (2020 to 2025), Aflac's debt-to-equity has grown at a 3.7% compound annual growth rate (CAGR), from 0.2× to 0.3×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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