AFL vs CARR

Comparison between Aflac Inc (AFL, Company) and Carrier Global Corp (CARR, Company).

AFL is from the Financial Services sector, while CARR is from the Industrials sector.

5-Year PerformanceAFL has outperformed CARR, delivering a return of +17.7% compared to +9.9%

AFL vs CARR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AFL(COMPANY)	CARR(COMPANY)
Market Cap	$58B	$57B
Max Drawdown	83.16%	41.60%
Sharpe Ratio	0.33	-0.02
5Y Beta	0.41	1.12
Industry	Insurance - Life	Building Products & Equipment
P/E Ratio	18.04	34.71
Forward P/E	14.53	23.53
PEG Ratio	1.18	1.58
Dividend Yield	2.07%	1.38%
5Y Dividends CAGR	15.11%	23.62%
5Y EPS CAGR	6.75%	N/A
Debt to Equity	0.00%	82.80%
Free Cash Flow Yield	5.07%	3.72%
P/S Ratio	3.20	2.58
P/B Ratio	1.95	4.07

Market Cap

Winner

AFL

$58B

CARR

$57B

Max Drawdown

AFL

83.16%

Winner

CARR

41.60%

Sharpe Ratio

Winner

AFL

0.33

CARR

-0.02

5Y Beta

Winner

AFL

0.41

CARR

1.12

Industry

AFL

Insurance - Life

CARR

Building Products & Equipment

P/E Ratio

Winner

AFL

18.04

CARR

34.71

Forward P/E

Winner

AFL

14.53

CARR

23.53

PEG Ratio

Winner

AFL

1.18

CARR

1.58

Dividend Yield

Winner

AFL

2.07%

CARR

1.38%

5Y Dividends CAGR

AFL

15.11%

Winner

CARR

23.62%

5Y EPS CAGR

AFL

6.75%

CARR

N/A

Debt to Equity

Winner

AFL

0.00%

CARR

82.80%

Free Cash Flow Yield

Winner

AFL

5.07%

CARR

3.72%

P/S Ratio

AFL

3.20

Winner

CARR

2.58

P/B Ratio

Winner

AFL

1.95

CARR

4.07

AFL vs CARR - Historical Returns

Returns include dividend reinvestment.

Period	AFL	CARR
1 month	+0.05%	+15.05%
3 months	+0.41%	+2.67%
6 months	+0.16%	+17.12%
1 year	+8.68%	-3.53%
5 years(CAGR)	+17.70%	+9.89%
10 years(CAGR)	+15.32%	N/A
Max(CAGR)	+10.91%	+34.13%

AFL

+0.05%

Winner

CARR

+15.05%

AFL

+0.41%

Winner

CARR

+2.67%

AFL

+0.16%

Winner

CARR

+17.12%

Winner

AFL

+8.68%

CARR

-3.53%

5Y(CAGR)

Winner

AFL

+17.70%

CARR

+9.89%

10Y(CAGR)

AFL

+15.32%

CARR

N/A

Max(CAGR)

AFL

+10.91%

Winner

CARR

+34.13%

AFL vs CARR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AFL	CARR
2026	+3.11%	+25.85%
2025	+10.10%	-21.67%
2024	+26.88%	+22.38%
2023	+17.97%	+40.25%
2022	+26.62%	-20.16%
2021	+38.54%	+48.01%
2020	-14.31%	+217.24%
2019	+18.66%	N/A
2018	+5.98%	N/A
2017	+28.68%	N/A
2016	+20.56%	N/A
2015	+0.53%	N/A
2014	-5.09%	N/A
2013	+26.65%	N/A
2012	+21.80%	N/A
2011	-22.83%	N/A
2010	+21.43%	N/A
2009	+3.45%	N/A
2008	-24.69%	N/A
2007	+37.49%	N/A
2006	-0.03%	N/A
2005	+18.11%	N/A
2004	+11.44%	N/A
2003	+15.58%	N/A
2002	+27.66%	N/A
2001	-28.97%	N/A
2000	+62.34%	N/A
1999	-3.68%	N/A

AFL vs CARR Drawdown Comparison

The maximum drawdown for AFL was -82.69%, occurring on Mar 9, 2009. Recovery took 1315 trading sessions.

The maximum drawdown for CARR was -40.82%, occurring on Oct 20, 2022. Recovery took 480 trading sessions.

The current AFL drawdown is -3.24%. The current CARR drawdown is -16.99%.

Rank	AFL	CARR
#1	-82.69% Apr 28, 2008 - Jul 18, 2013	-40.82% Aug 27, 2021 - Jul 27, 2023
#2	-54.88% Jul 12, 2019 - May 3, 2021	-37.93% Oct 14, 2024 - Nov 20, 2025
#3	-36.63% Oct 31, 2000 - Oct 27, 2003	-25.28% Mar 31, 2020 - Apr 29, 2020
#4	-36.21% Nov 16, 1999 - Aug 1, 2000	-22.10% Aug 1, 2023 - Mar 7, 2024
#5	-19.87% Apr 20, 2022 - Nov 1, 2022	-14.90% Jan 12, 2021 - Mar 29, 2021
#6	-16.56% Jan 6, 2023 - Aug 2, 2023	-13.63% Jun 8, 2020 - Jul 10, 2020
#7	-15.82% Dec 1, 2015 - Apr 12, 2016	-10.77% Mar 21, 2024 - Apr 26, 2024
#8	-15.53% Dec 27, 2013 - Aug 10, 2015	-10.46% May 8, 2020 - May 20, 2020
#9	-14.84% Apr 30, 2004 - Jun 1, 2005	-9.82% Apr 30, 2020 - May 8, 2020
#10	-14.48% Aug 18, 2015 - Nov 18, 2015	-9.69% Jul 16, 2024 - Aug 23, 2024
#11	-13.93% Nov 17, 2005 - Feb 7, 2007	-9.58% Nov 16, 2020 - Jan 7, 2021
#12	-13.55% Oct 4, 2024 - Oct 6, 2025	-9.49% Mar 20, 2020 - Mar 25, 2020
#13	-13.20% Sep 21, 2018 - Feb 1, 2019	-7.48% May 21, 2024 - Jul 11, 2024
#14	-12.48% Oct 5, 2000 - Oct 27, 2000	-6.56% May 10, 2021 - May 28, 2021
#15	-11.12% Jan 30, 2024 - Mar 27, 2024	-6.19% Aug 26, 2020 - Oct 2, 2020

Correlation

Correlation between AFL and CARR is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (1999 - 2026)

AFL vs CARR dividend yield comparison.

Year	AFL	CARR
2026	0.54%	0.72%
2025	2.10%	1.70%
2024	1.93%	1.16%
2023	2.04%	1.30%
2022	2.22%	1.54%
2021	2.26%	0.94%
2020	2.52%	0.74%
2019	2.04%	0.00%
2018	2.28%	0.00%
2017	1.98%	0.00%
2016	2.39%	0.00%
2015	2.64%	0.00%
2014	2.46%	0.00%
2013	2.13%	0.00%
2012	2.52%	0.00%
2011	2.84%	0.00%
2010	2.02%	0.00%
2009	2.42%	0.00%
2008	2.09%	0.00%
2007	1.28%	0.00%
2006	1.20%	0.00%
2005	0.95%	0.00%
2004	0.95%	0.00%
2003	0.83%	0.00%
2002	0.76%	0.00%
2001	0.78%	0.00%
2000	0.46%	0.00%
1999	0.16%	0.00%