Aflac Incorporated AFL

113.72 (0.29) (0.25%) as of 25 Sep
Market cap
$57.2B
P/E
12.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

Against its own ten years

Low 3.4× High 14.5×
Ten-year median 7.0×
Current reading's percentile 85

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)

The full definition of EV/EBITDA →

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