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5 / 10Stock Comparison
AAME vs GL vs CNO vs MMC vs AON
Revenue, margins, valuation, and 5-year total return — side by side.
Insurance - Life
Insurance - Life
Insurance - Brokers
Insurance - Brokers
AAME vs GL vs CNO vs MMC vs AON — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Insurance - Life | Insurance - Life | Insurance - Life | Insurance - Brokers | Insurance - Brokers |
| Market Cap | $53M | $11.96B | $4.30B | $85.27B | $67.19B |
| Revenue (TTM) | $208M | $6.00B | $4.49B | $26.45B | $17.49B |
| Net Income (TTM) | $5M | $1.16B | $222M | $4.13B | $3.94B |
| Gross Margin | 18.9% | 33.4% | 40.2% | 42.3% | 55.9% |
| Operating Margin | 3.2% | 24.4% | 6.3% | 23.2% | 27.0% |
| Forward P/E | — | 9.8x | 10.5x | 16.9x | 16.5x |
| Total Debt | $38M | $2.63B | $4.05B | $21.86B | $16.53B |
| Cash & Equiv. | $36M | $145M | $956M | $2.40B | $1.20B |
AAME vs GL vs CNO vs MMC vs AON — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Atlantic American C… (AAME) | 100 | 145.8 | +45.8% |
| Globe Life Inc. (GL) | 100 | 197.9 | +97.9% |
| CNO Financial Group… (CNO) | 100 | 319.9 | +219.9% |
| Marsh & McLennan Co… (MMC) | 100 | 177.7 | +77.7% |
| Aon plc (AON) | 100 | 159.2 | +59.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AAME vs GL vs CNO vs MMC vs AON
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AAME is the #2 pick in this set and the best alternative if sleep-well-at-night is your priority.
- Lower volatility, beta 0.40, Low D/E 37.9%, current ratio 8.84x
- +52.7% vs MMC's -22.0%
GL ranks third and is worth considering specifically for valuation efficiency.
- PEG 0.63 vs CNO's 4.80
- Lower P/E (9.8x vs 16.5x), PEG 0.63 vs 1.10
Among these 5 stocks, CNO doesn't own a clear edge in any measured category.
MMC is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 19 yrs, beta 0.14, yield 1.8%
- Beta 0.14, yield 1.8%, current ratio 1.13x
- 1.8% yield, 19-year raise streak, vs GL's 0.7%
AON carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 9.4%, EPS growth 36.3%, 3Y rev CAGR 11.2%
- 219.8% 10Y total return vs MMC's 209.8%
- 9.4% revenue growth vs AAME's 0.8%
- Combined ratio 0.7 vs AAME's 1.0 (lower = better underwriting)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 9.4% revenue growth vs AAME's 0.8% | |
| Value | Lower P/E (9.8x vs 16.5x), PEG 0.63 vs 1.10 | |
| Quality / Margins | Combined ratio 0.7 vs AAME's 1.0 (lower = better underwriting) | |
| Stability / Safety | Beta 0.10 vs CNO's 0.80 | |
| Dividends | 1.8% yield, 19-year raise streak, vs GL's 0.7% | |
| Momentum (1Y) | +52.7% vs MMC's -22.0% | |
| Efficiency (ROA) | 7.6% ROA vs CNO's 0.6%, ROIC 13.5% vs 4.0% |
AAME vs GL vs CNO vs MMC vs AON — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
AAME vs GL vs CNO vs MMC vs AON — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
AON leads in 1 of 6 categories
AAME leads 1 • CNO leads 1 • GL leads 0 • MMC leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
AON leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MMC is the larger business by revenue, generating $26.5B annually — 127.0x AAME's $208M. AON is the more profitable business, keeping 22.5% of every revenue dollar as net income compared to AAME's 2.5%. On growth, AAME holds the edge at +20.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $208M | $6.0B | $4.5B | $26.5B | $17.5B |
| EBITDAEarnings before interest/tax | $7M | $1.6B | $573M | $7.0B | $5.4B |
| Net IncomeAfter-tax profit | $5M | $1.2B | $222M | $4.1B | $3.9B |
| Free Cash FlowCash after capex | $24M | $1.3B | $676M | $5.1B | $3.5B |
| Gross MarginGross profit ÷ Revenue | +18.9% | +33.4% | +40.2% | +42.3% | +55.9% |
| Operating MarginEBIT ÷ Revenue | +3.2% | +24.4% | +6.3% | +23.2% | +27.0% |
| Net MarginNet income ÷ Revenue | +2.5% | +19.4% | +4.9% | +15.6% | +22.5% |
| FCF MarginFCF ÷ Revenue | +11.6% | +20.9% | +15.1% | +19.3% | +20.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +20.8% | +3.9% | +4.2% | +11.5% | +6.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +127.1% | +9.3% | -39.2% | 0.0% | +27.1% |
Valuation Metrics
Evenly matched — AAME and GL each lead in 3 of 7 comparable metrics.
Valuation Metrics
At 10.8x trailing earnings, GL trades at a 49% valuation discount to MMC's 21.3x P/E. Adjusting for growth (PEG ratio), GL offers better value at 0.70x vs CNO's 8.97x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $53M | $12.0B | $4.3B | $85.3B | $67.2B |
| Enterprise ValueMkt cap + debt − cash | $55M | $14.4B | $7.4B | $104.7B | $82.5B |
| Trailing P/EPrice ÷ TTM EPS | -11.22x | 10.84x | 19.53x | 21.28x | 18.42x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 9.81x | 10.45x | 16.89x | 16.50x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.70x | 8.97x | 1.11x | 1.23x |
| EV / EBITDAEnterprise value multiple | — | 9.07x | 14.11x | 15.96x | 15.54x |
| Price / SalesMarket cap ÷ Revenue | 0.28x | 1.99x | 0.96x | 3.49x | 3.91x |
| Price / BookPrice ÷ Book value/share | 0.53x | 2.06x | 1.70x | 6.38x | 7.11x |
| Price / FCFMarket cap ÷ FCF | 11.50x | 9.54x | 6.37x | 21.39x | 20.88x |
Profitability & Efficiency
AAME leads this category, winning 3 of 9 comparable metrics.
Profitability & Efficiency
AON delivers a 44.2% return on equity — every $100 of shareholder capital generates $44 in annual profit, vs $5 for AAME. AAME carries lower financial leverage with a 0.38x debt-to-equity ratio, signaling a more conservative balance sheet compared to AON's 1.73x. On the Piotroski fundamental quality scale (0–9), GL scores 8/9 vs AAME's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +4.9% | +20.6% | +8.6% | +26.9% | +44.2% |
| ROA (TTM)Return on assets | +1.2% | +3.8% | +0.6% | +7.0% | +7.6% |
| ROICReturn on invested capital | -3.6% | +13.4% | +4.0% | +15.2% | +13.5% |
| ROCEReturn on capital employed | -1.4% | +5.2% | +1.5% | +17.8% | +16.2% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 8 | 6 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.38x | 0.44x | 1.54x | 1.62x | 1.73x |
| Net DebtTotal debt minus cash | $2M | $2.5B | $3.1B | $19.5B | $15.3B |
| Cash & Equiv.Liquid assets | $36M | $145M | $956M | $2.4B | $1.2B |
| Total DebtShort + long-term debt | $38M | $2.6B | $4.1B | $21.9B | $16.5B |
| Interest CoverageEBIT ÷ Interest expense | 3.08x | 11.27x | 2.23x | 6.66x | 9.58x |
Total Returns (Dividends Reinvested)
CNO leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CNO five years ago would be worth $18,192 today (with dividends reinvested), compared to $6,650 for AAME. Over the past 12 months, AAME leads with a +52.7% total return vs MMC's -22.0%. The 3-year compound annual growth rate (CAGR) favors CNO at 30.2% vs AON's -1.1% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -10.4% | +10.6% | +9.2% | -3.6% | -8.5% |
| 1-Year ReturnPast 12 months | +52.7% | +27.0% | +23.5% | -22.0% | -12.0% |
| 3-Year ReturnCumulative with dividends | +18.9% | +43.6% | +120.6% | +2.0% | -3.2% |
| 5-Year ReturnCumulative with dividends | -33.5% | +48.3% | +81.9% | +36.5% | +26.2% |
| 10-Year ReturnCumulative with dividends | -33.2% | +175.7% | +171.6% | +209.8% | +219.8% |
| CAGR (3Y)Annualised 3-year return | +5.9% | +12.8% | +30.2% | +0.7% | -1.1% |
Risk & Volatility
Evenly matched — CNO and AON each lead in 1 of 2 comparable metrics.
Risk & Volatility
AON is the less volatile stock with a 0.10 beta — it tends to amplify market swings less than CNO's 0.80 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CNO currently trades 99.1% from its 52-week high vs AAME's 69.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.40x | 0.48x | 0.80x | 0.14x | 0.10x |
| 52-Week HighHighest price in past year | $3.71 | $156.69 | $46.33 | $235.78 | $381.00 |
| 52-Week LowLowest price in past year | $1.57 | $116.73 | $35.24 | $170.37 | $304.59 |
| % of 52W HighCurrent price vs 52-week peak | +69.5% | +97.3% | +99.1% | +73.8% | +82.3% |
| RSI (14)Momentum oscillator 0–100 | 49.3 | 67.2 | 73.0 | 37.2 | 37.9 |
| Avg Volume (50D)Average daily shares traded | 10K | 450K | 561K | 2.7M | 1.2M |
Analyst Outlook
Evenly matched — GL and MMC each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: GL as "Hold", CNO as "Hold", MMC as "Hold", AON as "Buy". Consensus price targets imply 29.0% upside for AON (target: $404) vs 1.7% for CNO (target: $47). For income investors, MMC offers the higher dividend yield at 1.75% vs GL's 0.70%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | — | $171.25 | $46.67 | $206.75 | $404.40 |
| # AnalystsCovering analysts | — | 28 | 17 | 26 | 38 |
| Dividend YieldAnnual dividend ÷ price | +0.8% | +0.7% | +1.5% | +1.8% | +0.9% |
| Dividend StreakConsecutive years of raises | 1 | 23 | 13 | 19 | 14 |
| Dividend / ShareAnnual DPS | $0.02 | $1.06 | $0.68 | $3.05 | $2.91 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +7.4% | +7.7% | +1.1% | +1.5% |
AON leads in 1 of 6 categories (Income & Cash Flow). AAME leads in 1 (Profitability & Efficiency). 3 tied.
AAME vs GL vs CNO vs MMC vs AON: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is AAME or GL or CNO or MMC or AON a better buy right now?
For growth investors, Aon plc (AON) is the stronger pick with 9.
4% revenue growth year-over-year, versus 0. 8% for Atlantic American Corporation (AAME). Globe Life Inc. (GL) offers the better valuation at 10. 8x trailing P/E (9. 8x forward), making it the more compelling value choice. Analysts rate Aon plc (AON) a "Buy" — based on 38 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — AAME or GL or CNO or MMC or AON?
On trailing P/E, Globe Life Inc.
(GL) is the cheapest at 10. 8x versus Marsh & McLennan Companies, Inc. at 21. 3x. On forward P/E, Globe Life Inc. is actually cheaper at 9. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Globe Life Inc. wins at 0. 63x versus CNO Financial Group, Inc. 's 4. 80x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — AAME or GL or CNO or MMC or AON?
Over the past 5 years, CNO Financial Group, Inc.
(CNO) delivered a total return of +81. 9%, compared to -33. 5% for Atlantic American Corporation (AAME). Over 10 years, the gap is even starker: AON returned +219. 8% versus AAME's -33. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AAME or GL or CNO or MMC or AON?
By beta (market sensitivity over 5 years), Aon plc (AON) is the lower-risk stock at 0.
10β versus CNO Financial Group, Inc. 's 0. 80β — meaning CNO is approximately 734% more volatile than AON relative to the S&P 500. On balance sheet safety, Atlantic American Corporation (AAME) carries a lower debt/equity ratio of 38% versus 173% for Aon plc — giving it more financial flexibility in a downturn.
05Which is growing faster — AAME or GL or CNO or MMC or AON?
By revenue growth (latest reported year), Aon plc (AON) is pulling ahead at 9.
4% versus 0. 8% for Atlantic American Corporation (AAME). On earnings-per-share growth, the picture is similar: Aon plc grew EPS 36. 3% year-over-year, compared to -724. 4% for Atlantic American Corporation. Over a 3-year CAGR, AON leads at 11. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — AAME or GL or CNO or MMC or AON?
Aon plc (AON) is the more profitable company, earning 21.
5% net margin versus -2. 3% for Atlantic American Corporation — meaning it keeps 21. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AON leads at 25. 3% versus -2. 8% for AAME. At the gross margin level — before operating expenses — AON leads at 47. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is AAME or GL or CNO or MMC or AON more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Globe Life Inc. (GL) is the more undervalued stock at a PEG of 0. 63x versus CNO Financial Group, Inc. 's 4. 80x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Globe Life Inc. (GL) trades at 9. 8x forward P/E versus 16. 9x for Marsh & McLennan Companies, Inc. — 7. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AON: 29. 0% to $404. 40.
08Which pays a better dividend — AAME or GL or CNO or MMC or AON?
All stocks in this comparison pay dividends.
Marsh & McLennan Companies, Inc. (MMC) offers the highest yield at 1. 8%, versus 0. 7% for Globe Life Inc. (GL).
09Is AAME or GL or CNO or MMC or AON better for a retirement portfolio?
For long-horizon retirement investors, Aon plc (AON) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
10), 0. 9% yield, +219. 8% 10Y return). Both have compounded well over 10 years (AON: +219. 8%, CNO: +171. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between AAME and GL and CNO and MMC and AON?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: AAME is a small-cap quality compounder stock; GL is a mid-cap deep-value stock; CNO is a small-cap quality compounder stock; MMC is a mid-cap quality compounder stock; AON is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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- Sector: Financial Services
- Market Cap > $100B
- Revenue Growth > 10%
- Dividend Yield > 0.5%
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