Aflac Incorporated (AFL) Debt to Equity Ratio: 0.29
Is Aflac Incorporated’s debt to equity ratio high or low?
Aflac Incorporated's debt to equity ratio of 0.29 is in line with its 5-year average of 0.29, around the middle of its 5-year range (0.24–0.37).
The debt to equity ratio for Aflac Incorporated (AFL) is 0.29 as of Wednesday, June 10, 2026. It is equal to its 12-month average by 0.00% (0.29).
AFL Debt to Equity Ratio Chart
AFL Average Debt to Equity Ratio Chart
AFL Current vs Average Debt to Equity Ratio Chart
AFL Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.29
DEBT TO EQUITY RATIO AVG TTM
0.29
DEBT TO EQUITY RATIO AVG 3Y
0.32
DEBT TO EQUITY RATIO AVG 5Y
0.29
DEBT TO EQUITY RATIO AVG 10Y
0.27
DEBT TO EQUITY RATIO AVG 15Y
0.28
DEBT TO EQUITY RATIO AVG 20Y
0.26
CURRENT VS TTM AVG
+0.00%
CURRENT VS 3Y AVG
-9.38%
CURRENT VS 5Y AVG
-1.14%
CURRENT VS 10Y AVG
+5.98%
CURRENT VS 15Y AVG
+5.45%
CURRENT VS 20Y AVG
+10.93%
AFL Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aflac Incorporated (AFL) | $59.74B | 0.29 | 0.29 | 0.32 | 0.29 |
| The Allstate Corporation (ALL) | $57.72B | 0.24 | 0.31 | 0.38 | 0.35 |
| Arthur J. Gallagher & Co. (AJG) | $57.28B | 0.60 | 0.64 | 0.69 | 0.72 |
| MetLife, Inc. (MET) | $56.35B | 0.71 | 0.70 | 0.66 | 0.52 |
| The Travelers Companies, Inc. (TRV) | $64.72B | 0.28 | 0.29 | 0.31 | 0.28 |
| Discover Financial Services (DFS) | $50.34B | 0.91 | 1.21 | 1.34 | 1.58 |
| Aon plc (AON) | $72.59B | 1.77 | 2.34 | 2.34 | 4.27 |
| State Street Corporation (STT) | $44.78B | 1.07 | 1.26 | 1.07 | 0.94 |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) | $44.24B | N/A | N/A | N/A | N/A |
| MSCI Inc. (MSCI) | $44.05B | -2.38 | 5.86 | 3.50 | 2.52 |
Financial Health
Debt/Equity
0.29
Current Ratio
0.00
Aflac Incorporated Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Aflac Incorporated Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Aflac Incorporated (AFL)?
- The debt to equity ratio for AFL stock is 0.29.
- Is Aflac Incorporated's debt to equity ratio high or low?
- Aflac Incorporated's debt to equity ratio of 0.29 is in line with its 5-year average of 0.29, around the middle of its 5-year range (0.24–0.37).
- What is the TTM average debt to equity ratio for Aflac Incorporated (AFL)?
- The TTM average debt to equity ratio for AFL stock is 0.29.
- What is the 3Y average debt to equity ratio for Aflac Incorporated (AFL)?
- The 3Y average debt to equity ratio for AFL stock is 0.32.
- What is the 5Y average debt to equity ratio for Aflac Incorporated (AFL)?
- The 5Y average debt to equity ratio for AFL stock is 0.29.
- What is the 10Y average debt to equity ratio for Aflac Incorporated (AFL)?
- The 10Y average debt to equity ratio for AFL stock is 0.27.
- What is the 15Y average debt to equity ratio for Aflac Incorporated (AFL)?
- The 15Y average debt to equity ratio for AFL stock is 0.28.
- What is the 20Y average debt to equity ratio for Aflac Incorporated (AFL)?
- The 20Y average debt to equity ratio for AFL stock is 0.26.
Aflac Incorporated Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.29 |
| 2024-12-31 | 0.29 |
| 2023-12-31 | 0.33 |
| 2022-12-31 | 0.37 |
| 2021-12-31 | 0.24 |
| 2020-12-31 | 0.24 |
| 2019-12-31 | 0.23 |
| 2018-12-31 | 0.25 |
| 2017-12-31 | 0.22 |
| 2016-12-31 | 0.26 |
| 2015-12-31 | 0.29 |
| 2014-12-31 | 0.28 |
| 2013-12-31 | 0.33 |
| 2012-12-31 | 0.27 |
| 2011-12-31 | 0.24 |
| 2010-12-31 | 0.27 |
| 2009-12-31 | 0.31 |
| 2008-12-31 | 0.26 |
| 2007-12-31 | 0.17 |
| 2006-12-31 | 0.17 |
| 2005-12-31 | 0.18 |
| 2004-12-31 | 0.19 |
| 2003-12-31 | 0.21 |
| 2002-12-31 | 0.21 |
| 2001-12-31 | 0.22 |
| 2000-12-31 | 0.23 |
| 1999-12-31 | 0.29 |
| 1998-12-31 | 0.16 |
| 1997-12-31 | 0.15 |
| 1996-12-31 | 0.17 |
Related Metrics
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.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Daniel Paul Amos