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Aflac (AFL) Stock Analysis

This is a peer-relative look at Aflac (AFL): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Insurance peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Aflac (AFL)
Profile ItemAFL
NameAflac Incorporated
Country/RegionUnited States
GICS SectorFinancials
GICS Industry GroupInsurance
GICS IndustryInsurance
GICS Sub-IndustryLife & Health Insurance
Market Capitalization61.36 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateMarch 17, 1980
Security TypeCommon Stock

Price Performance

Cumulative Growth

AFL
GSPC
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Aflac (AFL) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Aflac (AFL) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Aflac (AFL) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
Total Return (1Y)12.21%13.21%
Total Return (3Y, Annualized)18.21%16.41%
Total Return (5Y, Annualized)20.06%10.37%

Risk Profile

Drawdown History

AFL
GSPC
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Aflac (AFL) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Aflac (AFL) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
Volatility (1Y, Annualized)17.13%28.84%
Beta (5Y)0.550.50
Max Drawdown (5Y)-19.86%-38.77%

Risk-Adjusted Performance

Risk-Return Positioning

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Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. AFL is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
Sharpe Ratio (1Y)0.460.28
Sortino Ratio (1Y)0.680.41

Profitability

ROE (TTM)

Aflac (AFL) posts ROE of 12.17%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

AFL

Insurance industry group

12.17%

Group distribution
Max
41.68%
Q3
22.04%
Median
14.81%
AFL
12.17%
Q1
8.79%
Min
-10.66%
Largest peers
PGR
33.24%
TRV
27.50%
MRSH
27.24%
CB
14.25%
MFC
12.24%
AFL
12.17%
AJG
7.21%
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Where Aflac (AFL) stands on ROE within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Aflac (AFL) keeps 21.24% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

AFL

Insurance industry group

21.24%

Group distribution
Max
29.92%
AFL
21.24%
Q3
17.03%
Median
10.97%
Q1
6.21%
Min
-4.68%
Largest peers
AFL
21.24%
MFC
18.97%
CB
18.13%
TRV
17.03%
MRSH
14.20%
PGR
12.67%
AJG
10.78%
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Where Aflac (AFL) stands on net margin within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

operating margin is set aside for Aflac (AFL) in Insurance: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.

Profitability Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
ROE (TTM)12.17%14.81%
ROA (TTM)2.39%2.72%
Net Margin (TTM)21.24%10.97%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Aflac (AFL) grew revenue -9.27%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.

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Aflac (AFL): Revenue Growth across different time periods, set against Insurance industry-group medians.

EPS Growth

Aflac (AFL) grew earnings per share -29.18%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.

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Aflac (AFL): EPS Growth across different time periods, set against Insurance industry-group medians.

Growth Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
Revenue Growth (YoY)-9.27%7.89%
Revenue Growth (3Y CAGR)-3.23%11.40%
EPS Growth (YoY)-29.18%21.77%
EPS Growth (3Y CAGR)-0.53%18.46%

Financial Strength

Current Ratio (MRQ)

current ratio is set aside for Aflac (AFL) in Insurance: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for Aflac (AFL) in Insurance: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.

Financial Strength Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Aflac (AFL) has dividend yield of 1.91%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

AFL

Insurance industry group

1.91%

Group distribution
Max
5.12%
Q3
2.15%
AFL
1.91%
Median
0.98%
Q1
0.00%
Min
0.00%
Largest peers
MFC
4.32%
AFL
1.91%
MRSH
1.80%
TRV
1.17%
CB
1.07%
AJG
0.95%
PGR
0.17%
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Where Aflac (AFL) stands on dividend yield within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Aflac (AFL) has payout ratio of 35.18%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

AFL

Insurance industry group

35.18%

Group distribution
Max
76.67%
AFL
35.18%
Q3
35.18%
Median
14.74%
Q1
0.00%
Min
0.00%
Largest peers
PGR
70.03%
MFC
54.30%
MRSH
44.14%
AJG
41.98%
AFL
35.18%
CB
13.95%
TRV
12.36%
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Where Aflac (AFL) stands on payout ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
Dividend Yield (TTM)1.91%0.98%
Dividend Payout Ratio (TTM)35.18%14.74%

Valuation

P/E Ratio (TTM)

Aflac (AFL) trades at P/E ratio of 18.11, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

AFL

Insurance industry group

18.11

Group distribution
Max
28.37
Q3
18.75
AFL
18.11
Median
12.23
Q1
9.08
Min
2.32
Largest peers
AJG
42.99
MRSH
24.50
AFL
18.11
MFC
17.23
CB
12.79
PGR
11.47
TRV
10.39
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Where Aflac (AFL) stands on P/E ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Aflac (AFL) trades at 3.70 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

AFL

Insurance industry group

3.70

Group distribution
Max
4.03
AFL
3.70
Q3
2.25
Median
1.23
Q1
0.85
Min
0.07
Largest peers
AJG
4.58
AFL
3.70
MRSH
3.42
CB
2.25
MFC
2.11
TRV
1.66
PGR
1.44
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Where Aflac (AFL) stands on P/S ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Aflac (AFL) trades at 2.10 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

AFL

Insurance industry group

2.10

Group distribution
Max
5.07
Q3
2.79
AFL
2.10
Median
1.76
Q1
1.23
Min
0.30
Largest peers
MRSH
6.64
PGR
3.82
AJG
3.00
TRV
2.79
MFC
2.13
AFL
2.10
CB
1.91
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Where Aflac (AFL) stands on P/B ratio within its Insurance peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Aflac (AFL) metric values compared with Insurance industry-group medians
MetricCurrent stock: AFLIndustry group median
P/E Ratio (TTM)18.1112.23
P/S Ratio (TTM)3.701.23
P/B Ratio (MRQ)2.101.76
Free Cash Flow Yield (TTM)----