Aflac Debt to Equity Ratio 2012-2025 | AFL

Current and historical debt to equity ratio values for Aflac (AFL) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Aflac debt/equity for the three months ending December 31, 2025 was 0.29.
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Aflac Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-12-31 $86.98B $29.49B 2.95
2025-09-30 $93.62B $28.69B 3.26
2025-06-30 $97.54B $27.20B 3.59
2025-03-31 $93.92B $26.34B 3.57
2024-12-31 $91.47B $26.10B 3.51
2024-09-30 $103.61B $24.83B 4.17
2024-06-30 $94.12B $26.05B 3.61
2024-03-31 $101.21B $23.54B 4.30
2023-12-31 $104.74B $21.99B 4.76
2023-09-30 $102.44B $22.67B 4.52
2023-06-30 $110.19B $20.44B 5.39
2023-03-31 $115.18B $19.78B 5.82
2022-12-31 $111.60B $20.14B 5.54
2022-09-30 $103.95B $24.15B 4.30
2022-06-30 $109.24B $26.39B 4.14
2022-03-31 $117.52B $29.53B 3.98
2021-12-31 $124.29B $33.25B 3.74
2021-09-30 $127.05B $33.55B 3.79
2021-06-30 $127.76B $33.74B 3.79
2021-03-31 $126.05B $32.10B 3.93
2020-12-31 $131.53B $33.56B 3.92
2020-09-30 $128.48B $32.48B 3.96
2020-06-30 $127.67B $29.42B 4.34
2020-03-31 $125.21B $26.40B 4.74
2019-12-31 $123.81B $28.96B 4.28
2019-09-30 $124.70B $29.44B 4.24
2019-06-30 $123.16B $28.24B 4.36
2019-03-31 $119.63B $26.05B 4.59
2018-12-31 $116.94B $23.46B 4.98
2018-09-30 $114.71B $23.23B 4.94
2018-06-30 $118.19B $23.80B 4.97
2018-03-31 $123.07B $24.29B 5.07
2017-12-31 $112.62B $24.60B 4.58
2017-09-30 $114.11B $21.98B 5.19
2017-06-30 $113.89B $21.50B 5.30
2017-03-31 $113.31B $20.34B 5.57
2016-12-31 $109.34B $20.48B 5.34
2016-09-30 $121.32B $22.79B 5.32
2016-06-30 $118.74B $22.55B 5.27
2016-03-31 $107.75B $20.02B 5.38
2015-12-31 $100.55B $17.71B 5.68
2015-09-30 $100.20B $17.26B 5.81
2015-06-30 $98.56B $17.02B 5.79
2015-03-31 $102.76B $18.64B 5.51
2014-12-31 $101.42B $18.35B 5.53
2014-09-30 $109.40B $17.85B 6.13
2014-06-30 $110.31B $17.56B 6.28
2014-03-31 $107.62B $15.68B 6.87
2013-12-31 $106.69B $14.62B 7.30
2013-09-30 $105.26B $14.66B 7.18
2013-06-30 $102.62B $13.70B 7.49
2013-03-31 $105.00B $15.54B 6.76
2012-12-31 $115.12B $15.98B 7.21
2012-09-30 $121.86B $15.99B 7.62
2012-06-30 $108.03B $14.18B 7.62
2012-03-31 $101.91B $13.64B 7.47
2011-12-31 $103.29B $12.95B 7.98
2011-09-30 $102.01B $12.71B 8.02
2011-06-30 $94.25B $11.98B 7.87
2011-03-31 $90.12B $11.02B 8.18
2010-12-31 $89.98B $11.06B 8.14
2010-09-30 $86.71B $11.13B 7.79
2010-06-30 $81.21B $10.03B 8.10
2010-03-31 $76.19B $8.99B 8.48
2009-12-31 $75.69B $8.42B 8.99
2009-09-30 $74.73B $7.88B 9.48
2009-06-30 $69.69B $6.35B 10.98
2009-03-31 $66.62B $5.20B 12.81
2008-12-31 $72.69B $6.64B 10.95
2008-09-30 $63.96B $6.50B 9.84
2008-06-30 $62.65B $7.90B 7.93
2008-03-31 $64.14B $8.13B 7.89
2007-12-31 $57.01B $8.80B 6.48
2007-09-30 $55.13B $8.45B 6.52
2007-06-30 $51.92B $8.19B 6.34
2007-03-31 $52.70B $8.49B 6.21
2006-12-31 $51.46B $8.34B 6.17
2006-09-30 $50.33B $8.03B 6.27
2006-06-30 $50.26B $7.17B 7.01
2006-03-31 $48.56B $7.58B 6.41
2005-12-31 $48.43B $7.93B 6.11
2005-09-30 $49.45B $8.01B 6.18
2005-06-30 $49.54B $8.46B 5.86
2005-03-31 $49.27B $7.78B 6.34
2004-12-31 $51.75B $7.58B 6.83
2004-09-30 $45.67B $7.25B 6.30
2004-06-30 $45.95B $6.18B 7.44
2004-03-31 $46.30B $6.99B 6.62
2003-12-31 $44.32B $6.65B 6.67
2003-09-30 $42.57B $6.67B 6.39
2003-06-30 $40.26B $7.57B 5.32
2003-03-31 $38.33B $7.01B 5.47
2002-12-31 $38.66B $6.39B 6.05
2002-09-30 $36.79B $6.10B 6.03
2002-06-30 $36.11B $5.83B 6.19
2002-03-31 $32.08B $5.30B 6.06
2001-12-31 $32.44B $5.43B 5.98
2001-09-30 $34.49B $5.56B 6.21
2001-06-30 $33.36B $5.44B 6.14
2001-03-31 $32.42B $5.22B 6.21
2000-12-31 $32.54B $4.69B 6.93
2000-09-30 $33.80B $4.10B 8.24
2000-06-30 $34.63B $4.16B 8.32
2000-03-31 $33.32B $4.07B 8.19
1999-12-31 $33.17B $3.87B 8.58
1999-09-30 $31.45B $3.77B 8.34
1999-06-30 $27.95B $3.65B 7.66
1999-03-31 $27.49B $3.86B 7.12
1998-12-31 $27.41B $3.77B 7.27
1998-09-30 $24.80B $3.57B 6.94
1998-06-30 $22.77B $3.54B 6.44
1998-03-31 $24.08B $3.45B 6.97
1997-12-31 $26.02B $3.43B 7.59
1997-09-30 $27.02B $2.79B 9.67
1997-06-30 $27.55B $2.64B 10.42
1997-03-31 $24.81B $2.30B 10.80
1996-12-31 $22.90B $2.13B 10.77
1996-09-30 $23.56B $2.03B 11.58
1996-06-30 $22.64B $2.03B 11.17
1996-03-31 $23.29B $2.09B 11.15
1995-12-31 $23.20B $2.13B 10.87
1995-09-30 $22.88B $2.06B 11.11
1995-06-30 $25.45B $2.18B 11.67
1995-03-31 $22.52B $1.99B 11.35
1994-12-31 $18.54B $1.75B 10.58
1994-09-30 $18.79B $1.74B 10.80
1994-06-30 $17.69B $1.71B 10.33
1994-03-31 $16.30B $1.72B 9.50
1993-12-31 $14.08B $1.37B 10.31
1993-09-30 $13.93B $1.34B 10.43
1993-06-30 $13.07B $1.28B 10.25
1993-03-31 $12.08B $1.17B 10.31
1992-12-31 $10.82B $1.08B 10.00
1992-09-30 $10.87B $1.04B 10.45
1992-06-30 $9.88B $0.99B 9.95
1992-03-31 $9.14B $0.96B 9.54
1991-12-31 $9.22B $0.92B 9.99
1991-03-31 $9.22B $0.92B 9.99
1990-12-31 $7.24B $0.79B 9.16
1989-12-31 $0.00B 0.00
1989-03-31 $0.00B 0.00
Sector Industry Market Cap Revenue
Finance Insurance - Accident & Health $57.031B $17.164B
Aflac Incorporated is a general business holding company and oversees the operations of its subsidiaries by providing management services and making capital available. Its principal business is voluntary supplemental and life insurance, which is marketed and administered through American Family Life Assurance Company of Columbus (Aflac) in the United States (Aflac U.S.) and through Aflac Life Insurance Japan Ltd. in Japan (Aflac Japan). Most of Aflac's policies are individually underwritten and marketed through independent agents. Additionally, Aflac U.S. markets and administers group products through Continental American Insurance Company (CAIC), branded as Aflac Group Insurance. Aflac Japan offers supplemental insurance products including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. Aflac U.S. markets and administers group products through Continental American Insurance Company (CAIC).
Stock Name Country Market Cap PE Ratio
Unum Group (UNM) United States $12.382B 9.44
Globe Life (GL) United States $11.440B 10.03
Trupanion (TRUP) United States $1.066B 54.53
Employers Holdings Inc (EIG) United States $0.814B 45.90
AMERISAFE (AMSF) United States $0.622B 15.11
Atlantic American (AAME) United States $0.052B 42.42