GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aflac Inc (NYSE:AFL) » Definitions » Debt-to-Equity

Aflac (AFL) Debt-to-Equity : 0.29 (As of Dec. 2024)


View and export this data going back to 1974. Start your Free Trial

What is Aflac Debt-to-Equity?

Aflac's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0 Mil. Aflac's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $7,498 Mil. Aflac's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $26,098 Mil. Aflac's debt to equity for the quarter that ended in Dec. 2024 was 0.29.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Aflac's Debt-to-Equity or its related term are showing as below:

AFL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.25   Max: 0.37
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Aflac was 0.37. The lowest was 0.22. And the median was 0.25.

AFL's Debt-to-Equity is ranked worse than
59.27% of 383 companies
in the Insurance industry
Industry Median: 0.21 vs AFL: 0.29

Aflac Debt-to-Equity Historical Data

The historical data trend for Aflac's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aflac Debt-to-Equity Chart

Aflac Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.24 0.37 0.34 0.29

Aflac Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.34 0.29 0.32 0.29

Competitive Comparison of Aflac's Debt-to-Equity

For the Insurance - Life subindustry, Aflac's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aflac's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aflac's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aflac's Debt-to-Equity falls into.


;
;

Aflac Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aflac's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Aflac's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aflac  (NYSE:AFL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Aflac Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Aflac's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Aflac Business Description

Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, dental and vision, disability, and long-term-care insurance. It markets its products through independent distributors, selling the majority of its policies directly to consumers at their places of work, and also reaches out to its customers outside of their worksite through digital mediums. The company has two reportable business segments; Aflac Japan which generates the majority of the revenue, and Aflac U.S.
Executives
Lake Charles D Ii officer: President AFLAC Japan AFLAC INC, 1932 WYNNTON RD, COLUMBUS GA 31999
Masatoshi Koide officer: Deputy President, Aflac Japan 1932 WYNNTON RD, COLUMBUS GA 31999
Joseph L Moskowitz director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Audrey B Tillman officer: Executive Vice President 1932 WYNNTON RD, COLUMBUS GA 31999
Thomas J Kenny director FRANKLIN RESOURCES INC, 901 MARINERS ISLAND BLVD 6TH FLOOR, SAN MATEO CA 94404
Albert Riggieri officer: SVP, Corporate Actuary 1932 WYNNTON RD, COLUMBUS GA 31999
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
William P Bowers director 600 NORTH 18TH STREET, BIN 15N-8170, BIRMINGHAM AL 35203
Barbara K Rimer director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Steven Kent Beaver officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD, COLUMBUS GA 31999
June P Howard officer: Sr. Vice President 1932 WYNNTON RD, COLUMBUS GA 31999
Frederick John Crawford officer: EVP, Chief Financial Officer AFLAC INCORPORATED, COLUMBUS GA 31999
Simard Frederic Jean Guy officer: SVP, CFO, Aflac U.S. 1932 WYNNTON ROAD, COLUMBUS GA 31999
James Todd Daniels officer: Sr. Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999