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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 $55.4 billion, Aflac sells its products through individual brokers, corporates, corporate agencies, banks, etc., and operates through Aflac Japan and Aflac U.S. segments.
The insurance giant has underperformed the broader market over the past year. AFL stock has gained a modest 2.6% over the past 52 weeks and a marginal 8 bps in 2025, substantially lagging behind the S&P 500 Index’s ($SPX) 20.1% surge over the past 52 weeks and 8.6% gains in 2025.