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 September 13, 2026. Differences are shown without an overall score or investment verdict.
AFL
Aflac Incorporated
$117.17Financial ServicesDelayed quote: Sep 15, 2026, 1:10 PM EDT
AON
Aon plc
$307.91Financial ServicesDelayed quote: Sep 15, 2026, 1:10 PM EDT
Total return — AFL vs AON
growth of $100 · dividends reinvested · last 10yAFL +303.6% (+15.0%/yr)AON +202.0% (+11.7%/yr)AFL compounded faster over this window
AFL AON
AFL vs AON: by the numbers
- •AON is the larger company ($65.32B vs $59.64B market cap).
- •AFL trades at the lower trailing earnings multiple (12.63 vs 16.96 P/E), one valuation lens rather than an overall verdict.
- •AFL converts more revenue to profit (26.88% vs 22.27% net margin).
- •AON grew revenue faster over the past five years (8.37% vs -4.64% CAGR).
- •AFL pays the higher dividend yield (2.09% vs 1.03%).
Metrics side by side
Valuation
| Metric | AFL | AON |
|---|---|---|
| P/E ratio | 12.63 | 16.96 |
| Forward P/E | 16.71 | 16.38 |
| P/S ratio | 3.30 | 3.72 |
| P/B ratio | 1.97 | 6.76 |
Profitability
| Metric | AFL | AON |
|---|---|---|
| Gross margin | 38.93% | 47.70% |
| Operating margin | 32.16% | 27.21% |
| Net margin | 26.88% | 22.27% |
| ROE | 16.04% | 40.51% |
Dividends
| Metric | AFL | AON |
|---|---|---|
| Dividend yield | 2.09% | 1.03% |
| Payout ratio | 25.97% | 17.25% |
Growth (annualized)
| Metric | AFL | AON |
|---|---|---|
| Revenue CAGR (5Y) | -4.64% | 8.37% |
| EPS CAGR (5Y) | 0.50% | 15.07% |
| Total return CAGR (5Y) | 18.74% | 1.52% |
Frequently asked
- Which has the lower trailing P/E, AFL or AON?
- AFL has the lower trailing P/E: AFL trades at 12.63 and AON at 16.96. 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 -4.64% CAGR versus AON at 8.37%.
- Does AFL or AON pay a bigger dividend?
- AFL yields 2.09% and AON yields 1.03% based on trailing dividends and the latest price.
- Is AFL or AON more profitable?
- AFL runs the higher net margin — AFL at 26.88% versus AON at 22.27%.
- How have AFL and AON total returns compared?
- Over the past 10 years, AFL delivered 14.91% and AON delivered 11.79% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Aflac P/E ratioAon P/E ratioAflac dividend yieldAon dividend yieldAflac ROEAon ROEAflac operating marginAon operating marginAflac revenue growthAon revenue growth
Aflac & Aon 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 September 13, 2026.