Aflac Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	58,097	57,794	57,464	48,211	44,731	38,627
Market Cap Growth	1.59%	0.57%	19.19%	7.78%	15.80%	23.65%
Enterprise Value	64,387	65,371	64,302	54,913	50,850	43,350
PE Ratio	16.51	15.85	10.56	10.35	10.13	9.13
PS Ratio	3.38	3.37	3.04	2.58	2.34	1.79
PB Ratio	1.99	1.96	2.20	2.19	2.22	1.16
P/OCF Ratio	22.72	22.62	21.23	15.11	11.53	7.65
EV/Sales Ratio	3.75	3.81	3.40	2.94	2.66	2.01
EV/EBITDA Ratio	13.44	13.65	9.66	9.99	9.89	7.90
EV/EBIT Ratio	13.55	13.75	9.72	10.06	9.98	7.96
Debt / Equity Ratio	0.43	0.43	0.38	0.42	0.49	0.31
Debt / EBITDA Ratio	2.61	2.61	1.47	1.67	1.89	1.83
Net Debt / Equity Ratio	0.22	0.22	0.14	0.23	0.29	0.15
Net Debt / EBITDA Ratio	1.32	1.32	0.55	0.91	1.15	0.93
Quick Ratio	0.95	0.95	1.63	1.29	0.98	0.48
Current Ratio	1.07	1.07	1.84	1.54	1.35	0.65
Asset Turnover	0.15	0.15	0.16	0.14	0.13	0.13
Return on Equity (ROE)	13.12%	13.12%	22.64%	22.12%	16.55%	12.67%
Return on Assets (ROA)	2.54%	2.54%	3.38%	2.64%	2.20%	2.11%
Return on Invested Capital (ROIC)	8.98%	9.80%	16.69%	15.78%	12.60%	10.31%
Earnings Yield	6.28%	6.31%	9.47%	9.66%	9.88%	10.95%
Dividend Yield	2.17%	2.11%	1.99%	2.14%	2.39%	2.49%
Payout Ratio	34.46%	32.86%	19.97%	20.73%	22.16%	20.21%
Buyback Yield / Dilution	5.33%	5.33%	5.63%	6.10%	5.77%	5.51%
Total Shareholder Return	7.50%	7.45%	7.62%	8.24%	8.16%	8.00%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q