Which has the lower trailing P/E, AFL or AON?

AFL has the lower trailing P/E: AFL trades at 14.55 and AON at 19.87. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AFL or AON?

Over the past five years, AON grew revenue faster — AFL at a -4.37% CAGR versus AON at 8.37%.

Does AFL or AON pay a bigger dividend?

AFL yields 1.87% and AON yields 0.85% based on trailing dividends and the latest price.

Is AFL or AON more profitable?

AFL runs the higher net margin — AFL at 25.44% versus AON at 22.27%.

How have AFL and AON total returns compared?

Over the past 10 years, AFL delivered 16.09% and AON delivered 13.93% annualized total return. Past performance doesn't predict future results.

Aflac Incorporated (AFL) vs Aon plc (AON)

A side-by-side comparison of Aflac Incorporated and Aon plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.

AFL

Aflac Incorporated

$64.89B

$127.48Financial ServicesDelayed quote: Jul 31, 2026, 4:00 PM EDT

AON

Aon plc

$76.48B

$360.55Financial ServicesDelayed quote: Jul 31, 2026, 4:00 PM EDT

Total return — AFL vs AON

growth of $100 · dividends reinvested · last 30y

AFL +5483.2%AON +2590.8%AFL compounded faster

AFL AON

AFL vs AON: by the numbers

•AON is the larger company ($76.48B vs $64.89B market cap).
•AFL trades at the lower trailing earnings multiple (14.55 vs 19.87 P/E), one valuation lens rather than an overall verdict.
•AFL converts more revenue to profit (25.44% vs 22.27% net margin).
•AON grew revenue faster over the past five years (8.37% vs -4.37% CAGR).
•AFL pays the higher dividend yield (1.87% vs 0.85%).

Metrics side by side

Valuation

Metric	AFL	AON
P/E ratio	14.55	19.87
Forward P/E	18.16	18.87
P/S ratio	3.60	4.40
P/B ratio	2.19	8.01
PEG ratio	29.11	0.56

Profitability

Metric	AFL	AON
Gross margin	38.93%	47.70%
Operating margin	30.97%	27.21%
Net margin	25.44%	22.27%
ROE	15.47%	40.51%
ROIC	3.37%	12.16%

Dividends

Metric	AFL	AON
Dividend yield	1.87%	0.85%
Payout ratio	34.69%	17.83%

Growth (annualized)

Metric	AFL	AON
Revenue CAGR (5Y)	-4.37%	8.37%
EPS CAGR (5Y)	0.50%	15.07%
Total return CAGR (5Y)	21.02%	7.57%

Frequently asked

Which has the lower trailing P/E, AFL or AON?: AFL has the lower trailing P/E: AFL trades at 14.55 and AON at 19.87. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AFL or AON?: Over the past five years, AON grew revenue faster — AFL at a -4.37% CAGR versus AON at 8.37%.
Does AFL or AON pay a bigger dividend?: AFL yields 1.87% and AON yields 0.85% based on trailing dividends and the latest price.
Is AFL or AON more profitable?: AFL runs the higher net margin — AFL at 25.44% versus AON at 22.27%.
How have AFL and AON total returns compared?: Over the past 10 years, AFL delivered 16.09% and AON delivered 13.93% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AFL analysis Full AON analysis Interactive comparison tool

Dig into the metrics

Aflac P/E ratio Aon P/E ratio Aflac dividend yield Aon dividend yield Aflac ROE Aon ROE Aflac operating margin Aon operating margin Aflac revenue growth Aon revenue growth Aflac free cash flow Aon free cash flow

Aflac & Aon appear in these rankings

25+ Year Dividend Growers Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

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 July 31, 2026.