Aflac Incorporated AFL
- Market cap
- $57.2B
- P/E
- 12.1×
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Aflac Incorporated (AFL) EV/EBITDA
As of 25 September 2026, Aflac Incorporated (AFL) trades at a EV/EBITDA of 8.7×. Over the past ten years it has ranged from 3.4× (March 2020) to 14.5× (September 2025); the current reading is higher than 85% of that period. That is in line with the Insurance Life industry median of 8.4× and below the Financial sector median of 9.5×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 10.8× | 35.95% |
| FY2024 | 8.0× | (5.21%) |
| FY2023 | 8.4× | 1.07% |
| FY2022 | 8.3× | 23.62% |
| FY2021 | 6.7× | 9.46% |
| FY2020 | 6.1× | (10.65%) |
| FY2019 | 6.9× | 2.66% |
| FY2018 | 6.7× | (1.47%) |
| FY2017 | 6.8× | 0.87% |
| FY2016 | 6.7× | 5.89% |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 8.9× | 2.64% |
| Mar 2026 | 8.7× | (19.56%) |
| Dec 2025 | 10.8× | 9.36% |
| Sep 2025 | 9.9× | (27.97%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| PUK Prudential Public Limited Company compare | n/m |
| LNC Lincoln National Corporation compare | 1.5× |
| PRI Primerica, Inc. compare | 7.9× |
| AFL Aflac Incorporated | 8.7× |
| GL Globe Life Inc. compare | 9.5× |
| PRU Prudential Financial, Inc. compare | 9.9× |
| MET MetLife, Inc. compare | 13.1× |
| UNM Unum Group compare | 14.8× |
| JXN Jackson Financial Inc. compare | 340× |
| Insurance Life industry median | 8.4× |
| Financial sector median | 9.5× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on AFL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement