Is Aflac Stock Underperforming the S&P 500?

Columbus, Georgia-based Aflac Incorporated (AFL) operates as a holding company, offering supplemental health insurance and life insurance through its subsidiaries. With a market cap of $57.2 billion, Aflac sells its products through individual brokers, corporates, corporate agencies, banks, etc., and operates through Aflac Japan and Aflac U.S. segments.

Companies worth $10 billion or more are generally described as "large-cap stocks." Aflac fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the insurance industry.