Aflac Incorporated
$60.94B- Market cap
- $58.78B
- Debt
- +$8.41B
- Cash
- −$6.25B
Capital structure 87% equity / 13% debt · EV / Revenue 3.55x · EV / EBITDA 12.88x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: AFL stock price near parity vs OGE $117.24 current versus $137.96 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at OGE's multiple
Implied fair value · at AFL's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: AFL FY 2025 (ended Dec 31, 2025) · OGE FY 2025 (ended Dec 31, 2025).
Trendline
13 fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 87% equity / 13% debt · EV / Revenue 3.55x · EV / EBITDA 12.88x
Capital structure 63% equity / 37% debt · EV / Revenue 4.71x · EV / EBITDA 9.95x
AFL carries the larger enterprise value at $60.94B against $15.35B; AFL trades on the lower EV / Revenue multiple (3.55x vs 4.71x); OGE on the lower EV / EBITDA (9.95x vs 12.88x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Aflac Incorporated · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
OGE ENERGY CORP. · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.29x
1.14x
Net debt / EBITDA
Leverage against operating earnings
0.46x
3.67x
Cash and equivalents
Liquid reserves on the balance sheet
$6.25B
$200.00K
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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