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Aflac Valuation Multiples
Discover revenue and EBITDA valuation multiples for Aflac and similar public comparables like Life Insurance Corporation of India, Allstate, Travelers, Manulife and more.
Aflac Overview
About Aflac
Aflac Inc offers supplemental health insurance and life insurance in the United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, dental and vision, disability, and long-term-care insurance. It markets its products through independent distributors, selling the majority of its policies directly to consumers at their places of work, and also reaches out to its customers outside of their worksite through digital mediums. The company has two reportable business segments; Aflac Japan which generates the majority of the revenue, and Aflac U.S.
Founded
1973
HQ
Employees
12.7K
Website
Sectors
Financials (LTM)
EV
$65B
Aflac Financials
Aflac reported last 12-month revenue of $17B and EBITDA of $5B.
In the same LTM period, Aflac generated $5B in EBITDA and $4B in net income.
Revenue (LTM)
Aflac P&L
In the most recent fiscal year, Aflac reported revenue of $17B and EBITDA of $5B.
Aflac expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $17B | XXX | $17B | XXX | XXX | XXX |
| EBITDA | $5B | XXX | $5B | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 30% | XXX | XXX | XXX |
| EBIT Margin | 30% | XXX | 30% | XXX | XXX | XXX |
| Net Profit | $4B | XXX | $4B | XXX | XXX | XXX |
| Net Margin | 23% | XXX | 23% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Aflac Stock Performance
Aflac has current market cap of $59B, and enterprise value of $65B.
Market Cap Evolution
Aflac's stock price is $114.52.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $65B | $59B | 0.0% | XXX | XXX | XXX | $7.74 |
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Start Free TrialAflac Valuation Multiples
Aflac trades at 3.8x EV/Revenue multiple, and 12.9x EV/EBITDA.
EV / Revenue (LTM)
Aflac Financial Valuation Multiples
As of April 20, 2026, Aflac has market cap of $59B and EV of $65B.
Equity research analysts estimate Aflac's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Aflac has a P/E ratio of 15.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $59B | XXX | $59B | XXX | XXX | XXX |
| EV (current) | $65B | XXX | $65B | XXX | XXX | XXX |
| EV/Revenue | 3.8x | XXX | 3.8x | XXX | XXX | XXX |
| EV/EBITDA | 12.9x | XXX | 12.6x | XXX | XXX | XXX |
| EV/EBIT | 12.9x | XXX | 12.6x | XXX | XXX | XXX |
| P/E | 15.2x | XXX | 14.8x | XXX | XXX | XXX |
| EV/FCF | 109.4x | XXX | 25.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Aflac Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Aflac Margins & Growth Rates
Aflac's revenue in the last 12 month declined by (1%).
Aflac's revenue per employee in the last FY averaged $1.4M.
Aflac's rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Aflac's rule of X is 22% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Aflac Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (1%) | XXX | (3%) | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 30% | XXX | XXX | XXX |
| EBITDA Growth | (5%) | XXX | (7%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 26% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 22% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.4M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 22% | XXX | 21% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Aflac Public Comps
See public comps and valuation multiples for other Insurance Carriers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Aflac | XXX | XXX | XXX | XXX | XXX | XXX |
| Life Insurance Corporation of India | XXX | XXX | XXX | XXX | XXX | XXX |
| Allstate | XXX | XXX | XXX | XXX | XXX | XXX |
| Travelers | XXX | XXX | XXX | XXX | XXX | XXX |
| Manulife | XXX | XXX | XXX | XXX | XXX | XXX |
| Generali | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Aflac M&A Activity
Aflac acquired XXX companies to date.
Last acquisition by Aflac was on XXXXXXXX, XXXXX. Aflac acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Aflac
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAflac Investment Activity
Aflac invested in XXX companies to date.
Aflac made its latest investment on XXXXXXXX, XXXXX. Aflac invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Aflac
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Aflac
| When was Aflac founded? | Aflac was founded in 1973. |
| Where is Aflac headquartered? | Aflac is headquartered in United States. |
| How many employees does Aflac have? | As of today, Aflac has over 12K employees. |
| Who is the CEO of Aflac? | Aflac's CEO is Daniel P. Amos. |
| Is Aflac publicly listed? | Yes, Aflac is a public company listed on NYSE. |
| What is the stock symbol of Aflac? | Aflac trades under AFL ticker. |
| When did Aflac go public? | Aflac went public in 1973. |
| Who are competitors of Aflac? | Aflac main competitors are Life Insurance Corporation of India, Allstate, Travelers, Manulife. |
| What is the current market cap of Aflac? | Aflac's current market cap is $59B. |
| What is the current revenue of Aflac? | Aflac's last 12 months revenue is $17B. |
| What is the current revenue growth of Aflac? | Aflac revenue growth (NTM/LTM) is (1%). |
| What is the current EV/Revenue multiple of Aflac? | Current revenue multiple of Aflac is 3.8x. |
| Is Aflac profitable? | Yes, Aflac is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Aflac? | Aflac's last 12 months EBITDA is $5B. |
| What is Aflac's EBITDA margin? | Aflac's last 12 months EBITDA margin is 30%. |
| What is the current EV/EBITDA multiple of Aflac? | Current EBITDA multiple of Aflac is 12.9x. |
| What is the current FCF of Aflac? | Aflac's last 12 months FCF is $596M. |
| What is Aflac's FCF margin? | Aflac's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Aflac? | Current FCF multiple of Aflac is 109.4x. |
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