Aflac Incorporated (AFL) vs The Allstate Corporation (ALL)
ALL leads on 12 of 17 compared metrics.
A side-by-side comparison of Aflac Incorporated and The Allstate Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AFL
Aflac Incorporated
$117.80Financial Services
ALL
The Allstate Corporation
$221.63Financial Services
Total return — AFL vs ALL
growth of $100 · last 30yAFL +3083.8%ALL +919.0%AFL compounded faster
AFL ALL
AFL vs ALL: by the numbers
- •AFL is the larger company ($59.96B vs $57.05B market cap).
- •ALL trades at the lower earnings multiple (4.89 vs 13.45 P/E).
- •AFL converts more revenue to profit (25.44% vs 18.09% net margin).
- •ALL grew revenue faster over the past five years (8.07% vs -4.37% CAGR).
- •AFL pays the higher dividend yield (2.02% vs 1.88%).
Which is better, AFL or ALL?
Metric tally: AFL 5 · ALL 12It depends on what you're optimizing for:
ValueALL(lower P/E)
GrowthALL(faster 5Y revenue CAGR)
IncomeAFL(higher dividend yield)
QualityALL(higher ROIC)
Valuation
| Metric | AFL | ALL |
|---|---|---|
| P/E ratio | 13.45 | 4.89● |
| Forward P/E | 16.68 | 7.46● |
| P/S ratio | 3.33 | 0.87● |
| P/B ratio | 2.70 | 1.84● |
| PEG ratio | 26.89 | 0.04● |
| EV / EBITDA | 9.48 | 3.97● |
| FCF yield | 4.84% | 19.80%● |
Profitability
| Metric | AFL | ALL |
|---|---|---|
| Gross margin | 47.76%● | 39.83% |
| Operating margin | 30.97%● | 23.30% |
| Net margin | 25.44%● | 18.09% |
| ROE | 20.66% | 38.43%● |
| ROIC | 3.21% | 20.79%● |
Dividends
| Metric | AFL | ALL |
|---|---|---|
| Dividend yield | 2.02%● | 1.88% |
| Payout ratio | 34.69% | 10.75% |
Growth (annualized)
| Metric | AFL | ALL |
|---|---|---|
| Revenue CAGR (5Y) | -4.37% | 8.07%● |
| EPS CAGR (5Y) | 0.50% | 17.15%● |
| FCF CAGR (5Y) | -13.07% | 15.76%● |
| Total return CAGR (5Y) | 18.59%● | 13.65% |
Frequently asked
- Which is better, AFL or ALL?
- It depends on your goal. value: ALL (lower P/E); growth: ALL (faster 5Y revenue CAGR); income: AFL (higher dividend yield); quality: ALL (higher ROIC). Across all compared metrics, ALL leads 12 to 5.
- Is AFL or ALL cheaper?
- On trailing earnings, ALL is cheaper: AFL trades at a 13.45 P/E and ALL at 4.89.
- Which has grown faster, AFL or ALL?
- Over the past five years, ALL grew revenue faster — AFL at a -4.37% CAGR versus ALL at 8.07%.
- Does AFL or ALL pay a bigger dividend?
- AFL yields 2.02% and ALL yields 1.88% based on trailing dividends and the latest price.
- Is AFL or ALL more profitable?
- AFL runs the higher net margin — AFL at 25.44% versus ALL at 18.09%.
- Which has been the better investment, AFL or ALL?
- Over the past 10-year, AFL delivered the higher annualized total return — AFL at 15.72% versus ALL at 15.13%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Aflac P/E ratioAllstate P/E ratioAflac dividend yieldAllstate dividend yieldAflac ROEAllstate ROEAflac operating marginAllstate operating marginAflac revenue growthAllstate revenue growthAflac free cash flowAllstate free cash flow
Aflac & Allstate appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.