Do Aflac's (NYSE:AFL) Earnings Warrant Your Attention?
Jun 01
U.S. Life and Health Insurance Industry Analysis
UpdatedJun 03, 2023
DataAggregated Company Financials
Companies30
- 7D2.1%
- 3M-11.4%
- 1Y-7.0%
- YTD-10.7%
Over the last 7 days, the Life and Health Insurance industry has risen 2.1%, driven by gains from Aflac of 3.3%. However, the industry is down 7.0% over the past year. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the U.S. Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Jun 2023 | US$221.5b | US$240.0b | US$5.5b | 12.4x | 40.3x | 0.9x |
| Mon, 01 May 2023 | US$233.1b | US$235.8b | US$11.0b | 6.8x | 21.2x | 1x |
| Wed, 29 Mar 2023 | US$219.6b | US$236.5b | US$11.4b | 8.4x | 19.3x | 0.9x |
| Fri, 24 Feb 2023 | US$253.9b | US$240.1b | US$10.5b | 7x | 24.3x | 1.1x |
| Sun, 22 Jan 2023 | US$254.0b | US$252.2b | US$14.9b | 6.2x | 17x | 1x |
| Tue, 20 Dec 2022 | US$248.9b | US$252.2b | US$14.9b | 5.9x | 16.7x | 1x |
| Thu, 17 Nov 2022 | US$257.5b | US$248.8b | US$14.2b | 6.4x | 18.1x | 1x |
| Sat, 15 Oct 2022 | US$237.6b | US$246.2b | US$19.4b | 8.6x | 12.2x | 1x |
| Mon, 12 Sep 2022 | US$244.3b | US$246.2b | US$19.4b | 9x | 12.6x | 1x |
| Wed, 10 Aug 2022 | US$192.8b | US$242.2b | US$17.0b | 9.1x | 11.3x | 0.8x |
| Fri, 08 Jul 2022 | US$187.4b | US$247.1b | US$21.6b | 7.6x | 8.7x | 0.8x |
| Sun, 05 Jun 2022 | US$243.7b | US$247.1b | US$21.6b | 8.1x | 11.3x | 1x |
| Tue, 03 May 2022 | US$246.2b | US$248.4b | US$23.0b | 8.2x | 10.7x | 1x |
| Thu, 31 Mar 2022 | US$267.0b | US$248.9b | US$23.3b | 9.1x | 11.5x | 1.1x |
| Sat, 26 Feb 2022 | US$268.8b | US$276.9b | US$27.7b | 8.6x | 9.7x | 1x |
| Mon, 24 Jan 2022 | US$273.9b | US$275.0b | US$25.1b | 9.5x | 10.9x | 1x |
| Wed, 22 Dec 2021 | US$264.7b | US$275.0b | US$25.1b | 8.9x | 10.5x | 1x |
| Fri, 19 Nov 2021 | US$271.4b | US$275.0b | US$25.1b | 9.6x | 10.8x | 1x |
| Sun, 17 Oct 2021 | US$254.9b | US$260.0b | US$23.3b | 8x | 10.9x | 1x |
| Tue, 14 Sep 2021 | US$242.3b | US$260.1b | US$23.3b | 7.6x | 10.4x | 0.9x |
| Thu, 12 Aug 2021 | US$249.4b | US$260.0b | US$23.3b | 8.5x | 10.7x | 1x |
| Mon, 07 Jun 2021 | US$251.6b | US$241.7b | US$11.9b | 9.5x | 21.1x | 1x |
| Sun, 28 Feb 2021 | US$214.3b | US$240.5b | US$15.6b | 10.7x | 13.7x | 0.9x |
| Wed, 02 Dec 2020 | US$187.9b | US$234.5b | US$15.7b | 7.4x | 12x | 0.8x |
| Sat, 05 Sep 2020 | US$162.2b | US$240.4b | US$17.3b | 9.6x | 9.4x | 0.7x |
| Tue, 09 Jun 2020 | US$163.7b | US$250.8b | US$25.1b | 8.4x | 6.5x | 0.7x |
Price to Earnings Ratio
6.5x
Current Industry PE
- Investors are optimistic on the American Life and Health Insurance industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 40.3x which is higher than its 3-year average PE of 13.7x.
- The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
- The earnings for companies in the Life and Health Insurance industry have declined 40% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Life and Health Insurance compare with similar industries?
| US Market | 2.08% | |
| Financials | 2.55% | |
| Insurance | 1.67% | |
| Life and Health Insurance | 2.09% | |
| General Insurance | 1.97% | |
| Insurance Brokers | 1.80% | |
| Property and Casualty Insurance | 1.53% | |
| Reinsurance | 0.27% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AFL Aflac | US$66.60 | 3.3% +US$1.3b | 13.2% | PE9.3x | |
| PRU Prudential Financial | US$83.04 | 3.6% +US$1.1b | -20.1% | PE63.2x | |
| MET MetLife | US$52.97 | 2.2% +US$888.4m | -20.0% | PE50.9x | |
| PFG Principal Financial Group | US$69.47 | 1.9% +US$315.6m | -2.0% | PE3.9x | |
| FG F&G Annuities & Life | US$21.54 | 7.7% +US$194.5m | n/a | PE57.9x |
