48/100B127.000
USD
0.58
(0.46%)
Market Open
Last updated: · Delayed 15 min
Fair value87.11Plus+46%72Price 127.00128
Q4 FY2026 · Earnings report
EPS estimate 1.78Revenue estimate 4.18B
Q4 FY2026 · Earnings report
EPS estimate 1.78Revenue estimate 4.18B
Aflac debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Aflac's debt to equity ratio is 0.30: total debt of 8.90B USD against shareholders' equity of 29.28B USD.
- Today
- 0.30
- Average, 5 years
- 0.31
- Low, 5 years
- 0.24
- High, 5 years
- 0.38
Debt to equity = total debt ÷ shareholders' equity = 8.90B ÷ 29.28B = 0.30
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.30 | 8.90B | 29.28B | |
| FY2025 | 31 Dec 2025 | 0.29 | 8.41B | 29.49B |
| FY2024 | 31 Dec 2024 | 0.29 | 7.50B | 26.10B |
| FY2023 | 31 Dec 2023 | 0.33 | 7.36B | 21.99B |
| FY2022 | 31 Dec 2022 | 0.37 | 7.44B | 20.14B |
| FY2021 | 31 Dec 2021 | 0.24 | 7.96B | 33.25B |
| FY2020 | 31 Dec 2020 | 0.24 | 7.90B | 33.56B |
| FY2019 | 31 Dec 2019 | 0.23 | 6.57B | 28.96B |
| FY2018 | 31 Dec 2018 | 0.25 | 5.78B | 23.46B |
| FY2017 | 31 Dec 2017 | 0.22 | 5.29B | 24.37B |
| FY2016 | 31 Dec 2016 | 0.26 | 5.36B | 20.48B |
| FY2015 | 31 Dec 2015 | 0.29 | 4.97B | 17.38B |
| FY2014 | 31 Dec 2014 | 0.28 | 5.28B | 18.72B |
| FY2013 | 31 Dec 2013 | 0.33 | 4.90B | 14.62B |
| FY2012 | 31 Dec 2012 | 0.27 | 4.35B | 15.98B |
| FY2011 | 31 Dec 2011 | 0.24 | 3.29B | 13.51B |
| FY2010 | 31 Dec 2010 | 0.27 | 3.04B | 11.06B |
| FY2009 | 31 Dec 2009 | 0.31 | 2.60B | 8.42B |
| FY2008 | 31 Dec 2008 | 0.26 | 1.72B | 6.64B |
| FY2007 | 31 Dec 2007 | 0.17 | 1.47B | 8.80B |
| FY2006 | 31 Dec 2006 | 0.17 | 1.43B | 8.34B |
| FY2005 | 31 Dec 2005 | 0.18 | 1.40B | 7.93B |
| FY2004 | 31 Dec 2004 | 0.19 | 1.43B | 7.57B |
| FY2003 | 31 Dec 2003 | 0.21 | 1.41B | 6.65B |
| FY2002 | 31 Dec 2002 | 0.21 | 1.31B | 6.39B |
| FY2001 | 31 Dec 2001 | 0.22 | 1.21B | 5.43B |
| FY2000 | 31 Dec 2000 | 0.23 | 1.08B | 4.69B |
| FY1999 | 31 Dec 1999 | 0.29 | 1.11B | 3.87B |
| FY1998 | 31 Dec 1998 | 0.16 | 596.00M | 3.77B |
| FY1997 | 31 Dec 1997 | 0.15 | 523.21M | 3.43B |
| FY1996 | 31 Dec 1996 | 0.17 | 353.53M | 2.13B |
| FY1995 | 31 Dec 1995 | 0.15 | 327.27M | 2.13B |
| FY1994 | 31 Dec 1994 | 0.11 | 184.90M | 1.75B |
| FY1993 | 31 Dec 1993 | 0.09 | 122.00M | 1.37B |
| FY1992 | 31 Dec 1992 | 0.12 | 125.80M | 1.08B |
| FY1991 | 31 Dec 1991 | 0.15 | 138.80M | 923.50M |
| FY1990 | 31 Dec 1990 | 0.20 | 157.80M | 791.00M |
| FY1989 | 31 Dec 1989 | 0.30 | 213.90M | 702.20M |
| FY1988 | 31 Dec 1988 | 0.12 | 77.30M | 642.40M |
| FY1987 | 31 Dec 1987 | 0.07 | 36.80M | 549.10M |
| FY1986 | 31 Dec 1986 | 0.05 | 24.00M | 446.10M |
| FY1985 | 31 Dec 1985 | 0.12 | 40.50M | 339.60M |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.30 | 8.90B | 29.28B |
| Q2 FY2026 | 30 Jun 2026 | 0.29 | 8.73B | 30.31B |
| Q1 FY2026 | 31 Mar 2026 | 0.26 | 7.91B | 29.96B |
| Q4 FY2025 | 31 Dec 2025 | 0.29 | 8.41B | 29.49B |
| Q3 FY2025 | 30 Sept 2025 | 0.31 | 8.77B | 28.69B |
| Q2 FY2025 | 30 Jun 2025 | 0.33 | 8.93B | 27.20B |
| Q1 FY2025 | 31 Mar 2025 | 0.29 | 7.75B | 26.34B |
| Q4 FY2024 | 31 Dec 2024 | 0.29 | 7.50B | 26.10B |
| Q3 FY2024 | 30 Sept 2024 | 0.32 | 7.98B | 24.83B |
| Q2 FY2024 | 30 Jun 2024 | 0.29 | 7.46B | 26.05B |
| Q1 FY2024 | 31 Mar 2024 | 0.34 | 7.94B | 23.54B |
| Q4 FY2023 | 31 Dec 2023 | 0.33 | 7.36B | 21.99B |
| Q3 FY2023 | 30 Sept 2023 | 0.31 | 6.96B | 22.67B |
| Q2 FY2023 | 30 Jun 2023 | 0.35 | 7.09B | 20.44B |
| Q1 FY2023 | 31 Mar 2023 | 0.38 | 7.42B | 19.78B |
| Q4 FY2022 | 31 Dec 2022 | 0.37 | 7.44B | 20.14B |
| Q3 FY2022 | 30 Sept 2022 | 0.31 | 7.52B | 24.15B |
| Q2 FY2022 | 30 Jun 2022 | 0.28 | 7.42B | 26.39B |
| Q1 FY2022 | 31 Mar 2022 | 0.26 | 7.77B | 29.53B |
| Q4 FY2021 | 31 Dec 2021 | 0.24 | 7.96B | 33.25B |
| Q3 FY2021 | 30 Sept 2021 | 0.24 | 8.07B | 33.55B |
| Q2 FY2021 | 30 Jun 2021 | 0.24 | 8.12B | 33.74B |
| Q1 FY2021 | 31 Mar 2021 | 0.25 | 8.09B | 32.10B |
| Q4 FY2020 | 31 Dec 2020 | 0.24 | 7.90B | 33.56B |
| Q3 FY2020 | 30 Sept 2020 | 0.24 | 7.83B | 32.48B |
| Q2 FY2020 | 30 Jun 2020 | 0.26 | 7.77B | 29.42B |
| Q1 FY2020 | 31 Mar 2020 | 0.26 | 6.76B | 26.40B |
| Q4 FY2019 | 31 Dec 2019 | 0.23 | 6.57B | 28.96B |
| Q3 FY2019 | 30 Sept 2019 | 0.21 | 6.23B | 29.44B |
| Q2 FY2019 | 30 Jun 2019 | 0.22 | 6.23B | 28.24B |
| Q1 FY2019 | 31 Mar 2019 | 0.23 | 5.90B | 26.05B |
| Q4 FY2018 | 31 Dec 2018 | 0.25 | 5.78B | 23.46B |
| Q3 FY2018 | 30 Sept 2018 | 0.23 | 5.28B | 23.23B |
| Q2 FY2018 | 30 Jun 2018 | 0.22 | 5.32B | 23.80B |
| Q1 FY2018 | 31 Mar 2018 | 0.22 | 5.37B | 24.29B |
| Q4 FY2017 | 31 Dec 2017 | 0.22 | 5.29B | 24.37B |
| Q3 FY2017 | 30 Sept 2017 | 0.24 | 5.25B | 21.98B |
| Q2 FY2017 | 30 Jun 2017 | 0.24 | 5.25B | 21.50B |
| Q1 FY2017 | 31 Mar 2017 | 0.26 | 5.25B | 20.34B |
| Q4 FY2016 | 31 Dec 2016 | 0.26 | 5.36B | 20.48B |
| Q3 FY2016 | 30 Sept 2016 | 0.25 | 5.77B | 22.79B |
| Q2 FY2016 | 30 Jun 2016 | 0.22 | 5.01B | 22.55B |
| Q1 FY2016 | 31 Mar 2016 | 0.25 | 4.98B | 20.02B |
| Q4 FY2015 | 31 Dec 2015 | 0.28 | 5.01B | 17.71B |
| Q3 FY2015 | 30 Sept 2015 | 0.29 | 5.01B | 17.26B |
| Q2 FY2015 | 30 Jun 2015 | 0.32 | 5.43B | 17.02B |
| Q1 FY2015 | 31 Mar 2015 | 0.34 | 6.28B | 18.64B |
| Q4 FY2014 | 31 Dec 2014 | 0.28 | 5.28B | 18.72B |
| Q3 FY2014 | 30 Sept 2014 | 0.26 | 4.56B | 17.85B |
| Q2 FY2014 | 30 Jun 2014 | 0.28 | 4.93B | 17.56B |
| Q1 FY2014 | 31 Mar 2014 | 0.31 | 4.91B | 15.68B |
| Q4 FY2013 | 31 Dec 2013 | 0.33 | 4.90B | 14.62B |
| Q3 FY2013 | 30 Sept 2013 | 0.34 | 4.95B | 14.66B |
| Q2 FY2013 | 30 Jun 2013 | 0.36 | 4.95B | 13.70B |
| Q1 FY2013 | 31 Mar 2013 | 0.28 | 4.28B | 15.54B |
| Q4 FY2012 | 31 Dec 2012 | 0.27 | 4.35B | 15.98B |
| Q3 FY2012 | 30 Sept 2012 | 0.28 | 4.40B | 15.99B |
| Q2 FY2012 | 30 Jun 2012 | 0.26 | 3.67B | 14.22B |
| Q1 FY2012 | 31 Mar 2012 | 0.29 | 3.96B | 13.64B |
| Q4 FY2011 | 31 Dec 2011 | 0.24 | 3.29B | 13.51B |
| Q3 FY2011 | 30 Sept 2011 | 0.26 | 3.30B | 12.71B |
| Q2 FY2011 | 30 Jun 2011 | 0.25 | 3.05B | 11.98B |
| Q1 FY2011 | 31 Mar 2011 | 0.27 | 3.02B | 11.02B |
| Q4 FY2010 | 31 Dec 2010 | 0.27 | 3.04B | 11.06B |
| Q3 FY2010 | 30 Sept 2010 | 0.27 | 3.01B | 11.13B |
| Q2 FY2010 | 30 Jun 2010 | 0.26 | 2.65B | 10.03B |
| Q1 FY2010 | 31 Mar 2010 | 0.29 | 2.58B | 8.99B |
| Q4 FY2009 | 31 Dec 2009 | 0.31 | 2.60B | 8.42B |
| Q3 FY2009 | 30 Sept 2009 | 0.28 | 2.23B | 7.88B |
| Q2 FY2009 | 30 Jun 2009 | 0.31 | 1.99B | 6.35B |
| Q1 FY2009 | 31 Mar 2009 | 0.32 | 1.68B | 5.20B |
| Q4 FY2008 | 31 Dec 2008 | 0.26 | 1.72B | 6.64B |
| Q3 FY2008 | 30 Sept 2008 | 0.24 | 1.57B | 6.50B |
| Q2 FY2008 | 30 Jun 2008 | 0.39 | 3.08B | 7.90B |
| Q1 FY2008 | 31 Mar 2008 | 0.20 | 1.61B | 8.13B |
| Q4 FY2007 | 31 Dec 2007 | 0.17 | 1.47B | 8.80B |
| Q3 FY2007 | 30 Sept 2007 | 0.17 | 1.45B | 8.45B |
| Q2 FY2007 | 30 Jun 2007 | 0.17 | 1.39B | 8.19B |
| Q1 FY2007 | 31 Mar 2007 | 0.17 | 1.43B | 8.49B |
| Q4 FY2006 | 31 Dec 2006 | 0.17 | 1.43B | 8.34B |
| Q3 FY2006 | 30 Sept 2006 | 0.18 | 1.44B | 8.03B |
| Q2 FY2006 | 30 Jun 2006 | 0.15 | 1.07B | 7.17B |
| Q1 FY2006 | 31 Mar 2006 | 0.18 | 1.40B | 7.58B |
| Q4 FY2005 | 31 Dec 2005 | 0.18 | 1.40B | 7.93B |
| Q3 FY2005 | 30 Sept 2005 | 0.21 | 1.70B | 8.01B |
| Q2 FY2005 | 30 Jun 2005 | 0.16 | 1.37B | 8.46B |
| Q1 FY2005 | 31 Mar 2005 | 0.18 | 1.40B | 7.78B |
| Q4 FY2004 | 31 Dec 2004 | 0.19 | 1.43B | 7.57B |
| Q3 FY2004 | 30 Sept 2004 | 0.19 | 1.37B | 7.25B |
| Q2 FY2004 | 30 Jun 2004 | 0.23 | 1.40B | 6.18B |
| Q1 FY2004 | 31 Mar 2004 | 0.20 | 1.42B | 6.99B |
| Q4 FY2003 | 31 Dec 2003 | 0.21 | 1.41B | 6.65B |
| Q3 FY2003 | 30 Sept 2003 | 0.21 | 1.38B | 6.67B |
| Q2 FY2003 | 30 Jun 2003 | 0.17 | 1.31B | 7.57B |
| Q1 FY2003 | 31 Mar 2003 | 0.19 | 1.31B | 7.01B |
| Q4 FY2002 | 31 Dec 2002 | 0.21 | 1.31B | 6.39B |
| Q3 FY2002 | 30 Sept 2002 | 0.21 | 1.30B | 6.10B |
| Q2 FY2002 | 30 Jun 2002 | 0.22 | 1.28B | 5.83B |
| Q1 FY2002 | 31 Mar 2002 | 0.23 | 1.20B | 5.30B |
| Q4 FY2001 | 31 Dec 2001 | 0.22 | 1.21B | 5.43B |
| Q3 FY2001 | 30 Sept 2001 | 0.23 | 1.29B | 5.56B |
| Q2 FY2001 | 30 Jun 2001 | 0.25 | 1.36B | 5.44B |
| Q1 FY2001 | 31 Mar 2001 | 0.20 | 1.04B | 5.22B |
| Q4 FY2000 | 31 Dec 2000 | 0.23 | 1.08B | 4.69B |
| Q3 FY2000 | 30 Sept 2000 | 0.22 | 914.00M | 4.10B |
| Q2 FY2000 | 30 Jun 2000 | 0.26 | 1.10B | 4.16B |
| Q1 FY2000 | 31 Mar 2000 | 0.26 | 1.07B | 4.07B |
| Q4 FY1999 | 31 Dec 1999 | 0.29 | 1.11B | 3.87B |
| Q3 FY1999 | 30 Sept 1999 | 0.29 | 1.08B | 3.77B |
| Q2 FY1999 | 30 Jun 1999 | 0.28 | 1.03B | 3.65B |
| Q1 FY1999 | 31 Mar 1999 | 0.15 | 573.00M | 3.86B |
| Q4 FY1998 | 31 Dec 1998 | 0.16 | 596.00M | 3.77B |
| Q3 FY1998 | 30 Sept 1998 | 0.14 | 502.10M | 3.57B |
| Q2 FY1998 | 30 Jun 1998 | 0.15 | 522.60M | 3.54B |
| Q1 FY1998 | 31 Mar 1998 | 0.15 | 511.20M | 3.45B |
| Q4 FY1997 | 31 Dec 1997 | 0.15 | 523.21M | 3.43B |
| Q3 FY1997 | 30 Sept 1997 | 0.15 | 413.50M | 2.79B |
| Q2 FY1997 | 30 Jun 1997 | 0.20 | 539.20M | 2.64B |
| Q1 FY1997 | 31 Mar 1997 | 0.22 | 496.20M | 2.30B |
| Q4 FY1996 | 31 Dec 1996 | 0.17 | 353.53M | 2.13B |
| Q3 FY1996 | 30 Sept 1996 | 0.18 | 370.50M | 2.03B |
| Q2 FY1996 | 30 Jun 1996 | 0.20 | 413.00M | 2.03B |
| Q1 FY1996 | 31 Mar 1996 | 0.21 | 436.00M | 2.09B |
| Q4 FY1995 | 31 Dec 1995 | 0.15 | 327.27M | 2.13B |
| Q3 FY1995 | 30 Sept 1995 | 0.17 | 352.40M | 2.06B |
| Q2 FY1995 | 30 Jun 1995 | 0.12 | 269.50M | 2.18B |
| Q1 FY1995 | 31 Mar 1995 | 0.10 | 189.30M | 1.99B |
| Q4 FY1994 | 31 Dec 1994 | 0.11 | 184.90M | 1.75B |
| Q3 FY1994 | 30 Sept 1994 | 0.12 | 210.10M | 1.74B |
| Q2 FY1994 | 30 Jun 1994 | 0.12 | 205.80M | 1.71B |
| Q1 FY1994 | 31 Mar 1994 | 0.10 | 166.30M | 1.72B |
| Q4 FY1993 | 31 Dec 1993 | 0.09 | 122.00M | 1.37B |
| Q3 FY1993 | 30 Sept 1993 | 0.10 | 137.90M | 1.34B |
| Q2 FY1993 | 30 Jun 1993 | 0.11 | 142.90M | 1.28B |
| Q1 FY1993 | 31 Mar 1993 | 0.11 | 128.90M | 1.17B |
| Q4 FY1992 | 31 Dec 1992 | 0.12 | 125.80M | 1.08B |
| Q3 FY1992 | 30 Sept 1992 | 0.12 | 129.00M | 1.04B |
| Q2 FY1992 | 30 Jun 1992 | 0.13 | 132.00M | 993.10M |
| Q1 FY1992 | 31 Mar 1992 | 0.14 | 137.50M | 958.30M |
| Q4 FY1991 | 31 Dec 1991 | 0.15 | 138.80M | 923.50M |
| Q3 FY1991 | 30 Sept 1991 | 0.16 | 144.90M | 879.00M |
| Q2 FY1991 | 30 Jun 1991 | 0.18 | 149.10M | 841.90M |
| Q1 FY1991 | 31 Mar 1991 | 0.19 | 153.90M | 812.50M |
| Q4 FY1990 | 31 Dec 1990 | 0.20 | 157.80M | 791.00M |
| Q3 FY1990 | 30 Sept 1990 | 0.21 | 163.10M | 761.20M |
| Q2 FY1990 | 30 Jun 1990 | 0.23 | 166.00M | 734.80M |
| Q1 FY1990 | 31 Mar 1990 | 0.25 | 178.40M | 711.50M |
| Q4 FY1989 | 31 Dec 1989 | 0.30 | 213.90M | 702.20M |
| Q3 FY1989 | 30 Sept 1989 | 0.31 | 209.90M | 682.50M |
| Q2 FY1989 | 30 Jun 1989 | 0.32 | 211.00M | 660.70M |
| Q1 FY1989 | 31 Mar 1989 | 0.34 | 223.60M | 663.60M |
| Q4 FY1988 | 31 Dec 1988 | 0.12 | 77.30M | 642.40M |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.07 | 36.80M | 549.10M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 0.05 | 24.00M | 446.10M |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 0.12 | 40.50M | 339.60M |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),All ratios
Common questions about Aflac's debt to equity
Source: Financial Modeling Prep