Seek Returns

AEG vs. AFL: Aegon vs. Aflac Stock Comparison

How do Aegon (AEG) and Aflac (AFL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Aegon (AEG) and Aflac (AFL) are both classified in the Life & Health Insurance sub-industry within the broader Insurance industry, placing them in the closest GICS peer bucket.

Aflac (AFL) trades as ordinary local shares, while Aegon (AEG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Aegon (AEG) and Aflac (AFL)
Profile ItemAEGAFL
NameAegon Ltd. New York Registry SharesAflac Incorporated
Country/RegionNetherlandsUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryLife & Health InsuranceLife & Health Insurance
Market Capitalization12.09 billion USD61.36 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 28, 1985March 17, 1980
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

AEG
AFL
GSPC
Loading price history…
Aegon (AEG) vs. Aflac (AFL), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Aegon (AEG) and Aflac (AFL). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Aegon (AEG) and Aflac (AFL). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
Total Return (1Y)19.25%12.21%
Total Return (3Y, Annualized)26.15%18.21%
Total Return (5Y, Annualized)17.53%20.06%

Risk Profile

Drawdown History

AEG
AFL
GSPC
Loading price history…
Aegon (AEG) vs. Aflac (AFL), with S&P 500 (GSPC) for reference: 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

Loading price history…
Distribution of monthly total returns for Aegon (AEG) and Aflac (AFL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
Volatility (1Y, Annualized)24.91%17.13%
Beta (5Y)0.850.55
Max Drawdown (5Y)-36.55%-19.86%
Avg. Volume (3M)5.27M1.93M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
AEG and AFL are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
Sharpe Ratio (1Y)0.600.46
Sortino Ratio (1Y)0.840.68

Profitability

ROE (TTM)

Both Aegon (AEG) at 11.07% and Aflac (AFL) at 12.17% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

AEG

Insurance industry group

11.07%

Max
41.68%
Q3
22.04%
Median
14.81%
AEG
11.07%
Q1
8.79%
Min
-10.66%

AFL

Insurance industry group

12.17%

Max
41.68%
Q3
22.04%
Median
14.81%
AFL
12.17%
Q1
8.79%
Min
-10.66%
Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Aflac (AFL) at 21.24% retains a top-quartile share of revenue as profit, ahead of Aegon (AEG) at 8.62%, which keeps about the industry-typical share.

AEG

Insurance industry group

8.62%

Max
29.92%
Q3
17.03%
Median
10.97%
AEG
8.62%
Q1
6.21%
Min
-4.68%

AFL

Insurance industry group

21.24%

Max
29.92%
AFL
21.24%
Q3
17.03%
Median
10.97%
Q1
6.21%
Min
-4.68%
Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their net margin against the Insurance industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Aegon (AEG) in Insurance and Aflac (AFL) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
ROE (TTM)11.07%12.17%
ROA (TTM)0.10%2.39%
Net Margin (TTM)8.62%21.24%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Aegon (AEG) at 37.63% sits in the top revenue growth quartile, while Aflac (AFL) at -9.27% is in the bottom quartile, showing a clear gap in revenue momentum.

Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their Revenue Growth across different time periods.

EPS Growth

Aegon (AEG) at 59.46% sits in the top EPS growth quartile, while Aflac (AFL) at -29.18% is in the bottom quartile, showing a clear gap in earnings momentum.

Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
Revenue Growth (YoY)37.63%-9.27%
Revenue Growth (3Y CAGR)---3.23%
EPS Growth (YoY)59.46%-29.18%
EPS Growth (3Y CAGR)---0.53%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Aegon (AEG) in Insurance and Aflac (AFL) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Aegon (AEG) in Insurance and Aflac (AFL) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Aegon (AEG) at 4.96% delivers top-quartile income for its industry, while Aflac (AFL) at 1.91% pays a more typical yield — both are credible income propositions, AEG the richer one.

AEG

Insurance industry group

4.96%

Max
5.12%
AEG
4.96%
Q3
2.15%
Median
0.98%
Q1
0.00%
Min
0.00%

AFL

Insurance industry group

1.91%

Max
5.12%
Q3
2.15%
AFL
1.91%
Median
0.98%
Q1
0.00%
Min
0.00%
Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Aflac (AFL) at 35.18% pays out a band-typical share of earnings, while Aegon (AEG) at 61.52% distributes more than its industry norm — less retained, thinner cover.

AEG

Insurance industry group

61.52%

Max
76.67%
AEG
61.52%
Q3
35.18%
Median
14.74%
Q1
0.00%
Min
0.00%

AFL

Insurance industry group

35.18%

Max
76.67%
AFL
35.18%
Q3
35.18%
Median
14.74%
Q1
0.00%
Min
0.00%
Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
Dividend Yield (TTM)4.96%1.91%
Dividend Payout Ratio (TTM)61.52%35.18%

Valuation

P/E Ratio (TTM)

Both Aegon (AEG) at 12.03 and Aflac (AFL) at 18.11 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AEG

Insurance industry group

12.03

Max
28.37
Q3
18.75
Median
12.23
AEG
12.03
Q1
9.08
Min
2.32

AFL

Insurance industry group

18.11

Max
28.37
Q3
18.75
AFL
18.11
Median
12.23
Q1
9.08
Min
2.32
Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their P/E ratio against the Insurance industry group benchmark.

P/S Ratio (TTM)

Aegon (AEG) at 1.04 is priced about in line with its industry on P/S ratio, while Aflac (AFL) at 3.70 sits in the pricier quartile — AFL costs more per dollar of sales.

AEG

Insurance industry group

1.04

Max
4.03
Q3
2.25
Median
1.23
AEG
1.04
Q1
0.85
Min
0.07

AFL

Insurance industry group

3.70

Max
4.03
AFL
3.70
Q3
2.25
Median
1.23
Q1
0.85
Min
0.07
Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Aegon (AEG) at 1.23 and Aflac (AFL) at 2.10 are valued close to their industries’ norm against book — neither stands out from peers.

AEG

Insurance industry group

1.23

Max
5.07
Q3
2.79
Median
1.76
AEG
1.23
Q1
1.23
Min
0.30

AFL

Insurance industry group

2.10

Max
5.07
Q3
2.79
AFL
2.10
Median
1.76
Q1
1.23
Min
0.30
Loading chart…
Aegon (AEG) vs. Aflac (AFL): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Aegon (AEG) and Aflac (AFL)
MetricAEGAFL
P/E Ratio (TTM)12.0318.11
P/S Ratio (TTM)1.043.70
P/B Ratio (MRQ)1.232.10
Free Cash Flow Yield (TTM)----