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Aflac Incorporated (AFL) Enterprise Value (EV): $60.61B

The enterprise value (EV) for Aflac Incorporated (AFL) is $60.61B as of Tuesday, June 9, 2026.

AFL Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$60.61B

AFL Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Aflac Incorporated (AFL)$60.61B
The Allstate Corporation (ALL)$55.91B$61.20B
Arthur J. Gallagher & Co. (AJG)$55.77B$79.98B
MetLife, Inc. (MET)$55.06B$50.64B
The Travelers Companies, Inc. (TRV)$63.85B$73.59B
Discover Financial Services (DFS)$50.34B$51.26B
Aon plc (AON)$70.82B$91.24B
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)$44.77BN/A
MSCI Inc. (MSCI)$44.23B$50.06B
Robinhood Markets, Inc. (HOOD)$75.44B$111.64B

Enterprise Value Calculation

Market Cap

$58.84B

+

Total Debt

$8.41B

Cash

$6.25B

=

Enterprise Value

$60.61B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Aflac Incorporated Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Aflac Incorporated Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Aflac Incorporated (AFL)?
The enterprise value (EV) for AFL stock is $60.61B.

About Aflac Incorporated

Aflac Incorporated, operating through its various subsidiary companies, focuses on delivering supplementary health and life insurance policies. The firm's business activities are structured into two primary divisions: Aflac Japan and Aflac U.S. In Japan, the company offers a diverse range of insurance products, including coverage for cancer, medical expenses, income support for nursing care, and the distinct GIFT plan. This segment also provides traditional whole and term life insurance, along with savings-oriented plans like WAYS and child endowment products. Meanwhile, the Aflac U.S. division caters to the American market, furnishing policies that address cancer, accidents, short-term disability, critical illness, and hospital stays. Additionally, it provides dental, vision, long-term care, disability, and both term and whole life insurance options. Aflac distributes its comprehensive suite of products through multiple channels, which include dedicated sales associates, independent brokers, various corporate and individual agencies, and affiliated agencies. Established in 1955, the company maintains its corporate headquarters in Columbus, Georgia.

Columbus, GA
12,694 employees
Financial Services / Insurance - Life
Sector
Financial Services
Industry
Insurance - Life
CEO
Daniel Paul Amos