Aflac Incorporated logo
Aflac Incorporated (AFL)
Compare

Aflac Incorporated (AFL) Return on Invested Capital (ROIC): 3.21%

Is Aflac Incorporated’s return on invested capital (ROIC) high or low?

Aflac Incorporated's return on invested capital (ROIC) of 3.21% is 236% above its 5-year average of 0.96%, near the high end of its 5-year range (0.00%–3.21%).

The return on invested capital (ROIC) for Aflac Incorporated (AFL) is 3.21% as of Wednesday, June 10, 2026. It is above its 12-month average by 100.00% (1.60%).

AFL Return on Invested Capital (ROIC) Chart

AFL Return on Invested Capital (ROIC)
3.21%
Zoom

AFL Average Return on Invested Capital (ROIC) Chart

AFL Current vs Average Return on Invested Capital (ROIC) Chart

AFL Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

3.21%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

1.60%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

0.80%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

0.96%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

1.55%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

1.77%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

1.88%

CURRENT VS TTM AVG

+100.00%

CURRENT VS 3Y AVG

+300.00%

CURRENT VS 5Y AVG

+236.13%

CURRENT VS 10Y AVG

+106.61%

CURRENT VS 15Y AVG

+81.29%

CURRENT VS 20Y AVG

+71.00%

AFL Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Aflac Incorporated (AFL)3.21%1.60%0.80%0.96%
The Allstate Corporation (ALL)$57.72B20.79%12.46%5.83%5.47%
Arthur J. Gallagher & Co. (AJG)$57.28B5.25%5.15%6.33%6.87%
MetLife, Inc. (MET)$56.35B0.72%0.89%0.86%230.58%
The Travelers Companies, Inc. (TRV)$64.72B12.10%11.86%9.68%-2.06%
Discover Financial Services (DFS)$50.34B32.48%22.40%19.42%14.85%
Aon plc (AON)$72.59B12.16%11.68%17.25%15.63%
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)$44.24BN/AN/AN/AN/A
MSCI Inc. (MSCI)$44.05B35.60%33.89%30.89%28.17%
iShares Russell 2000 ETF (IWM)$77.63BN/AN/AN/AN/A

Capital Efficiency

ROIC

3.2%

ROE

20.7%

Aflac Incorporated Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Aflac Incorporated Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Aflac Incorporated (AFL)?
The return on invested capital (ROIC) for AFL stock is 3.21%.
Is Aflac Incorporated's return on invested capital (ROIC) high or low?
Aflac Incorporated's return on invested capital (ROIC) of 3.21% is 236% above its 5-year average of 0.96%, near the high end of its 5-year range (0.00%–3.21%).
What is the TTM average return on invested capital (ROIC) for Aflac Incorporated (AFL)?
The TTM average return on invested capital (ROIC) for AFL stock is 1.60%.
What is the 3Y average return on invested capital (ROIC) for Aflac Incorporated (AFL)?
The 3Y average return on invested capital (ROIC) for AFL stock is 0.80%.
What is the 5Y average return on invested capital (ROIC) for Aflac Incorporated (AFL)?
The 5Y average return on invested capital (ROIC) for AFL stock is 0.96%.
What is the 10Y average return on invested capital (ROIC) for Aflac Incorporated (AFL)?
The 10Y average return on invested capital (ROIC) for AFL stock is 1.55%.
What is the 15Y average return on invested capital (ROIC) for Aflac Incorporated (AFL)?
The 15Y average return on invested capital (ROIC) for AFL stock is 1.77%.
What is the 20Y average return on invested capital (ROIC) for Aflac Incorporated (AFL)?
The 20Y average return on invested capital (ROIC) for AFL stock is 1.88%.

Aflac Incorporated Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-313.21%
2024-12-310.00%
2023-12-310.00%
2022-12-310.00%
2021-12-310.00%
2020-12-312.52%
2019-12-312.16%
2018-12-312.08%
2017-12-312.93%
2016-12-312.05%
2015-12-312.14%
2014-12-312.46%
2013-12-312.60%
2012-12-312.19%
2011-12-311.68%
2010-12-312.31%
2009-12-311.79%
2008-12-311.62%
2007-12-312.51%
2006-12-312.51%
2005-12-312.66%
2004-12-312.24%
2003-12-311.52%
2002-12-311.88%
2001-12-311.85%
2000-12-311.85%
1999-12-311.54%
1998-12-311.57%
1997-12-310.00%
1996-12-310.00%

About Aflac Incorporated

Aflac Incorporated, operating through its various subsidiary companies, focuses on delivering supplementary health and life insurance policies. The firm's business activities are structured into two primary divisions: Aflac Japan and Aflac U.S. In Japan, the company offers a diverse range of insurance products, including coverage for cancer, medical expenses, income support for nursing care, and the distinct GIFT plan. This segment also provides traditional whole and term life insurance, along with savings-oriented plans like WAYS and child endowment products. Meanwhile, the Aflac U.S. division caters to the American market, furnishing policies that address cancer, accidents, short-term disability, critical illness, and hospital stays. Additionally, it provides dental, vision, long-term care, disability, and both term and whole life insurance options. Aflac distributes its comprehensive suite of products through multiple channels, which include dedicated sales associates, independent brokers, various corporate and individual agencies, and affiliated agencies. Established in 1955, the company maintains its corporate headquarters in Columbus, Georgia.

Columbus, GA
12,694 employees
Financial Services / Insurance - Life
Sector
Financial Services
Industry
Insurance - Life
CEO
Daniel Paul Amos