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).

Total return — AFL vs ALL

growth of $100 · last 30y
AFL +3083.8%ALL +919.0%AFL compounded faster
01k2k3kStart $100200120062011201620212026$3,184$1,019
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 12

It depends on what you're optimizing for:

ValueALL(lower P/E)
GrowthALL(faster 5Y revenue CAGR)
IncomeAFL(higher dividend yield)
QualityALL(higher ROIC)

Valuation

MetricAFLALL
P/E ratio13.454.89
Forward P/E16.687.46
P/S ratio3.330.87
P/B ratio2.701.84
PEG ratio26.890.04
EV / EBITDA9.483.97
FCF yield4.84%19.80%

Profitability

MetricAFLALL
Gross margin47.76%39.83%
Operating margin30.97%23.30%
Net margin25.44%18.09%
ROE20.66%38.43%
ROIC3.21%20.79%

Dividends

MetricAFLALL
Dividend yield2.02%1.88%
Payout ratio34.69%10.75%

Growth (annualized)

MetricAFLALL
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.

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.