AFL vs. AON: Aflac vs. Aon Stock Comparison
This page compares Aflac (AFL) with Aon (AON) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | AFL | AON |
|---|---|---|
| 1-Year Return | 17.23% | -5.31% |
Risk
Drawdown
Risk at a Glance
| Metric | AFL | AON |
|---|---|---|
| 1-Year Volatility | 17.06% | 23.52% |
| Beta | 0.60 | 0.70 |
| 3-Month Avg. Volume | 2.42M | 1.42M |
Company Profile
Aflac (AFL) and Aon (AON) both belong to the Insurance industry, though AFL is classified under Life & Health Insurance while AON falls under Insurance Brokers.
| Profile Item | AFL | AON |
|---|---|---|
| Name | Aflac Inc. | Aon plc |
| Country/Region | United States | Ireland |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Life & Health Insurance | Insurance Brokers |
| Market Capitalization | 59.96 billion USD | 71.61 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | June 2, 1980 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Aflac (AFL) at 13.46 is near its industry’s usual P/E ratio, while Aon (AON) at 18.41 sits in the richer quartile — AON needs stronger growth or earnings quality to justify the premium.
AFL
Insurance industry group
13.46
- Max
- 25.24
- Q3
- 16.46
- AFL
- 13.46
- Median
- 12.28
- Q1
- 8.66
- Min
- 3.44
AON
Insurance industry group
18.41
- Max
- 25.24
- AON
- 18.41
- Q3
- 16.46
- Median
- 12.28
- Q1
- 8.66
- Min
- 3.44
Price-to-Sales Ratio (TTM)
Both look expensive on sales: Aflac (AFL) at 3.31 sits in the upper P/S ratio quartile, and Aon (AON) at 4.10 prices even higher, above its industry range.
AFL
Insurance industry group
3.31
- Max
- 3.96
- AFL
- 3.31
- Q3
- 2.13
- Median
- 1.17
- Q1
- 0.82
- Min
- 0.13
AON
Insurance industry group
4.10
- AON
- 4.10
- Max
- 3.96
- Q3
- 2.13
- Median
- 1.17
- Q1
- 0.82
- Min
- 0.13
Price-to-Book Ratio (MRQ)
Aflac (AFL) at 2.01 sits near its industry’s typical P/B ratio, while Aon (AON) at 7.28 prices above its benchmark range — AON looks rich relative to book.
AFL
Insurance industry group
2.01
- Max
- 3.70
- Q3
- 2.21
- AFL
- 2.01
- Median
- 1.61
- Q1
- 1.12
- Min
- -0.14
AON
Insurance industry group
7.28
- AON
- 7.28
- Max
- 3.70
- Q3
- 2.21
- Median
- 1.61
- Q1
- 1.12
- Min
- -0.14
Valuation at a Glance
| Metric | AFL | AON |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 13.46 | 18.41 |
| Price-to-Sales Ratio (TTM) | 3.31 | 4.10 |
| Price-to-Book Ratio (MRQ) | 2.01 | 7.28 |
| Free Cash Flow Yield | -- | -- |
Profitability
Return on Equity (TTM)
Aon (AON) at 46.45% clears its industry range for ROE, a sharper capital-efficiency signal than Aflac (AFL) at 16.47%, which is closer to a typical peer reading.
AFL
Insurance industry group
16.47%
- Max
- 38.88%
- Q3
- 22.34%
- AFL
- 16.47%
- Median
- 14.13%
- Q1
- 9.51%
- Min
- -6.23%
AON
Insurance industry group
46.45%
- AON
- 46.45%
- Max
- 38.88%
- Q3
- 22.34%
- Median
- 14.13%
- Q1
- 9.51%
- Min
- -6.23%
Net Profit Margin (TTM)
For every dollar of sales, both Aflac (AFL) at 25.60% and Aon (AON) at 22.54% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AFL
Insurance industry group
25.60%
- Max
- 38.86%
- AFL
- 25.60%
- Q3
- 19.36%
- Median
- 11.07%
- Q1
- 5.09%
- Min
- -2.80%
AON
Insurance industry group
22.54%
- Max
- 38.86%
- AON
- 22.54%
- Q3
- 19.36%
- Median
- 11.07%
- Q1
- 5.09%
- Min
- -2.80%
Operating Profit Margin (TTM)
Neither side reports a meaningful operating margin: for Aflac (AFL) in Insurance and Aon (AON) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability at a Glance
| Metric | AFL | AON |
|---|---|---|
| Return on Equity (TTM) | 16.47% | 46.45% |
| Return on Assets (TTM) | 3.09% | 6.05% |
| Net Profit Margin (TTM) | 25.60% | 22.54% |
| Operating Profit Margin (TTM) | -- | -- |
| Gross Profit Margin (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | AFL | AON |
|---|---|---|
| 1-Year Revenue Growth | -9.27% | 9.45% |
| 3-Year Revenue CAGR | -3.23% | 11.25% |
EPS Growth
EPS Growth at a Glance
| Metric | AFL | AON |
|---|---|---|
| 1-Year EPS Growth | -29.18% | 36.27% |
| 3-Year EPS CAGR | -0.53% | 11.92% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Aflac (AFL) in Insurance and Aon (AON) 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-to-Equity Ratio (MRQ)
debt-to-equity ratio is set aside for both: Aflac (AFL) in Insurance and Aon (AON) 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 at a Glance
| Metric | AFL | AON |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt-to-Equity Ratio (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Aflac (AFL) at 2.07% and Aon (AON) at 0.98% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AFL
Insurance industry group
2.07%
- Max
- 5.43%
- Q3
- 2.64%
- AFL
- 2.07%
- Median
- 1.35%
- Q1
- 0.00%
- Min
- 0.00%
AON
Insurance industry group
0.98%
- Max
- 5.43%
- Q3
- 2.64%
- Median
- 1.35%
- AON
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Aflac (AFL) at 26.86% and Aon (AON) at 16.36% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AFL
Insurance industry group
26.86%
- Max
- 86.52%
- Q3
- 35.43%
- AFL
- 26.86%
- Median
- 14.92%
- Q1
- 0.00%
- Min
- 0.00%
AON
Insurance industry group
16.36%
- Max
- 86.52%
- Q3
- 35.43%
- AON
- 16.36%
- Median
- 14.92%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | AFL | AON |
|---|---|---|
| Dividend Yield (TTM) | 2.07% | 0.98% |
| Dividend Payout Ratio (TTM) | 26.86% | 16.36% |