The invention discloses a highly flame-retardant aging-resistant fluorine rubber cable sheath material which contains the following raw materials: fluorine rubber, acrylic rubber, ethylene-propylene-diene monomer, stearic acid, magnesium oxide, dicumyl peroxide, triallyl isocyanurate, bisphenol AF, benzyl triphenyl phosphorous chloride, cerium oxide, white carbon black, fibrous sepiolite, basic magnesium sulfate whisker, zinc sulfate, desulfurized fly ash, barium sulfate, ferric oxide, a composite flame retardant and an anti-aging agent. The composite flame retardant is a mixture of caged pentaerythritol phosphate, expansible graphite, zinc borate, tea saponin and a phosphorus nitrogen flame retardant. The highly flame-retardant aging-resistant fluorine rubber cable sheath material provided by the invention is excellent in flame-retardant property, good in heat resistance and aging resistance, and small in permanent deformation.