Sunday 1 November 2026 Export UNM’s income statement to Excel — free account

Unum Group

UNM Financial Insurance Life

Unum Group’s revenue for fiscal 2025 (year ended December 2025) was $13.1 billion, up 1.46% from fiscal 2024.

Revenue: +0.26%
EPS: −16.6%
Free cash flow: +48.2%
Total debt: +0.53%

Quarter to June 2026, against a year earlier

91.14 0.45 −0.49%

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Market cap: $14.5B
P/E: 21.3×
Fwd P/E: 12.9×
Dividend yield: 2.11%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Filings

Insider Decisions last twelve months

Sold, $m 3.61

Trades a month
	Jan 26			Apr 26			Jul 26			Oct 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	2	2	1	—	—	—	—	3	—	—

Insider Ownership 1.75%

Capital & Financial Ratios $m

Size

Market Cap 14,500.00

Revenue ttm 13,347.70

Net income ttm 702.70

Free cash flow ttm 693.00

Net debt Q 3,564.60

Valuation

P/E 21.30

Forward P/E 12.90

Price / sales 1.09

Forward P/S Powerpack

Price / FCF 21.05

Price / book 1.35

Financial health

Current ratio Q 0.28

Debt / equity Q 0.35

Interest coverage Q 7.18

Growth

Revenue growth Q +0.26%

Operating income growth Q −20.98%

EPS, this year +6.52%

EPS, next year A +8.94%

Revenue, next year A −7.37%

EPS, past 5 yrs +1.88%

EPS, next 5 yrs A +8.59%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 98.42%

10-year low 10-year high

P/S against its own 10 years 92.84%

10-year low 10-year high

P/B against its own 10 years 97.14%

10-year low 10-year high

Dividends raised every year since 2017

Yield: 2.11%
Annual rate: 1.93
Payout ratio: 45.0%
Growth, 2017–26: +9.40%/yr

0.86 ’17
0.98 ’18 +14%
1.09 ’19 +11%
1.14 ’20 +5%
1.17 ’21 +3%
1.26 ’22 +8%
1.39 ’23 +10%
1.57 ’24 +13%
1.76 ’25 +12%
1.93 ’26 +10%

paid Powerpack

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	146	163	158	199
Receivables	10,652	9,755	13,004	12,721
Inventory	—	—	—	—
Other	—	—	—	—
	10,798	9,918	13,163	12,921

	2023	2024	2025	Q'26
Payables	47,673	44,351	45,546	45,633
ST’ Debt	—	275	—	—
Other	—	—	—	—
	47,673	44,625	45,546	45,633

Compound Annual Growth %

	10y	5y	3y
Sales	2.00%	(0.13%)	2.95%
Cash Flow	(6.11%)	7.94%	(21.45%)
Earnings	(1.59%)	(1.41%)	(19.34%)
Book Value	2.53%	0.45%	8.38%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 2.14 Actual 2.16

1.88 1.97 2.05 2.13 2.22

Q3 FY25 Miss −0.06

Q4 FY25 Miss −0.19

Q1 FY26 Beat +0.07

Q2 FY26 Beat +0.02

Q3 FY26 — Nov 3

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q3 FY25	2.15	2.09	Miss by 0.06
Q4 FY25	2.11	1.92	Miss by 0.19
Q1 FY26	2.07	2.14	Beat by 0.07
Q2 FY26	2.14	2.16	Beat by 0.02
Q3 FY26	2.18	—	Reports 3 November 2026

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.41	1.61	—	—	—
’25	1.06	1.92	0.23	1.04	4.27
’24	2.04	2.05	3.46	1.92	9.46
’23	1.80	1.98	1.02	1.69	6.50
’22	1.25	1.83	2.04	1.39	6.50
’21	0.75	0.89	1.60	1.55	4.79
’20	0.79	1.30	1.13	0.66	3.89

Fiscal quarters ending in the months shown.

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	3,355	3,370	—	—	—
’25	3,092	3,361	3,378	3,244	13,076
’24	3,200	3,233	3,217	3,237	12,887
’23	3,036	3,112	3,093	3,145	12,386
’22	2,981	3,040	2,959	3,005	11,984
’21	3,072	2,993	2,970	2,973	12,008
’20	2,871	3,021	2,996	4,274	13,162

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	341	504	—	—	—
’25	354	348	(372)	358	688
’24	298	339	390	486	1,513
’23	151	314	395	344	1,203
’22	326	459	277	357	1,419
’21	(194)	676	425	480	1,388
’20	220	633	426	(809)	469

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	301	474	—	—	—
’25	318	320	(403)	320	555
’24	270	311	352	454	1,388
’23	122	286	362	298	1,068
’22	304	436	251	326	1,317
’21	(225)	649	400	452	1,277
’20	181	594	404	(829)	350

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM Jun ’26	Trend	10 yrs	2026e	2027e	2028e	Next 3/yr
													Ten-year view		Analyst estimates Powerpack
Income, $m
Income, $m	Revenue	11,047	11,287	11,599	11,999	13,162	12,008	11,984	12,386	12,887	13,076	13,348		+1.9%	12,112	12,678	13,265	+0.5%
	Gross margin, %	33.23	33.65	27.05	33.66	28.17	32.81	37.22	37.07	41.61	33.28	33.34		+0.1 pt	Powerpack Unum Group’s next three years, line by line Analysts expect revenue to grow 0.5% a year to 2028 — slower than the 1.9% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	1,348	1,404	628	1,382	964	1,261	1,750	1,640	2,251	934	905		(4.0%)
	EBT margin, %	12.20	12.44	5.41	11.52	7.32	10.50	14.60	13.24	17.47	7.14	6.78		(5.1) pt
	Net income	931	994	523	1,100	793	981	1,407	1,284	1,779	739	703		(2.5%)
Per share, $
Per share, $	Revenue	46.92	49.83	52.81	57.21	64.63	58.79	59.73	62.98	68.73	75.79	83.60		+5.5%
	Earnings	3.96	4.39	2.38	5.25	3.89	4.80	6.55	6.53	9.49	4.28	4.29		+0.9%
	Cash flow	4.76	5.14	7.00	7.66	2.30	6.79	7.07	6.12	8.07	3.99	5.20		(2.0%)
	Capex	(0.36)	(0.46)	(0.66)	(0.72)	(0.58)	(0.54)	(0.51)	(0.69)	(0.67)	(0.77)	(0.86)		+8.7%
	Free cash flow	4.40	4.67	6.34	6.94	1.72	6.25	6.56	5.43	7.40	3.22	4.34		(3.4%)
	Book value	38.09	42.27	39.26	47.51	53.38	55.90	43.53	49.08	58.46	64.45	67.70		+6.0%
	Shares, m	235	226	220	210	204	204	201	197	187	173	167		(3.4%)
Valuation, ×
Valuation, ×	P/E	11.18	12.50	12.40	5.56	5.91	5.11	6.15	7.00	7.70	18.19	21.30		9.2
	P/S	0.94	1.10	0.56	0.51	0.35	0.42	0.67	0.73	1.06	1.02	1.09		0.7
	P/B	1.16	1.30	0.75	0.61	0.43	0.44	0.92	0.93	1.25	1.20	1.35		0.9
	EV/Sales	1.24	1.35	0.82	0.78	0.62	0.73	0.95	0.99	1.34	1.32	—		1.0
	EV/FCF	13.19	14.44	6.84	6.43	23.47	6.88	8.65	11.49	12.45	31.07	—		13.5
Cash, $m
Cash, $m	Operating cash flow	1,122	1,164	1,537	1,607	469	1,388	1,419	1,203	1,513	688	830		(5.3%)
	Capex	(85)	(105)	(144)	(151)	(119)	(110)	(102)	(135)	(126)	(132)	(137)		+5.0%
	Free cash flow	1,037	1,059	1,392	1,456	350	1,277	1,317	1,068	1,388	555	693		(6.7%)
Balance, $m
Balance, $m	Working capital	(41,171)	(42,752)	(42,124)	(45,421)	(41,067)	(39,539)	(35,226)	(36,875)	(34,707)	(32,383)	(32,712)		(2.6%)
	Net debt	2,899	2,861	2,877	3,243	3,149	3,367	3,311	3,284	3,577	3,609	3,565		+2.5%
	Shareholders’ equity	8,968	9,575	8,622	9,965	10,871	11,416	8,735	9,651	10,961	11,119	10,810		+2.4%
Returns, %
Returns, %	ROA	1.52	1.58	0.83	1.71	1.15	1.39	2.14	2.06	2.84	1.18	1.11		(0.3) pt
	ROIC	7.10	7.06	3.41	6.54	4.30	5.33	9.08	7.92	9.68	3.96	3.94		(3.1) pt
	ROE	10.56	10.72	5.75	11.84	7.61	8.80	13.97	13.96	17.26	6.69	6.35		(3.9) pt
People
People	Employees	9,400	9,400	9,600	10,300	10,300	10,300	10,937	10,812	11,063	10,910	—		+1.7%
	Revenue/emp, $m	1.18	1.20	1.21	1.16	1.28	1.17	1.10	1.15	1.16	1.20	—		+0.2%

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Business profile

Updated 1 November 2026

Unum Group sells financial protection benefits, primarily through the workplace. Its insurance helps employees and their families cope with the financial effects of illness, injury or death. Headquartered in Chattanooga, Unum is led by President and Chief Executive Officer Richard P. McKenney.

Its products include disability, life, accident, critical illness, dental and vision insurance. An employer may offer coverage to its employees, while employees may also choose voluntary benefits, often paying for them through payroll deductions. Some policies cover a group; others are individually owned. Unum also provides services such as leave administration and claims processing for employers that fund their own benefits.

Read the full business profile →

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PRU Prudential Financial, Inc.	$40.3B	10.5×	10.7×	+14.10% (above 0%: growing)	+88.59% (above 0%: growing)	+101.89% (above 0%: growing)	34.85%	7.52%	Compare
PUK Prudential Public Limited Company	$29.8B	17.1×	—	−52.23% (below 0%: shrinking)	+122.99% (above 0%: growing)	−99.72% (below 0%: shrinking)	0.00%	0.00%	Compare
UNM Unum Group	$14.5B	21.3×	12.9×	+0.26% (above 0%: growing)	−16.58% (below 0%: shrinking)	+48.17% (above 0%: growing)	35.37%	11.36%
GL Globe Life Inc.	$12.3B	10.4×	10.5×	+8.00% (above 0%: growing)	+20.06% (above 0%: growing)	+0.88% (above 0%: growing)	39.24%	24.44%	Compare
JXN Jackson Financial Inc.	$9.2B	182×	11.7×	+135.67% (above 0%: growing)	+292.31% (above 0%: growing)	+57.63% (above 0%: growing)	(630.95%)	411.90%	Compare
PRI Primerica, Inc.	$8.7B	11.3×	11.1×	+9.04% (above 0%: growing)	+19.41% (above 0%: growing)	+5.06% (above 0%: growing)	82.88%	30.52%	Compare
LNC Lincoln National Corporation	$7.9B	3.5×	4.5×	+12.31% (above 0%: growing)	+76.55% (above 0%: growing)	−155.08% (below 0%: shrinking)	37.98%	37.98%	Compare
CNO CNO Financial Group, Inc.	$5.1B	19.4×	14.0×	+11.61% (above 0%: growing)	+45.16% (above 0%: growing)	+7.63% (above 0%: growing)	44.06%	16.73%	Compare
GNW Genworth Financial, Inc.	$3.4B	16.5×	26.2×	+5.85% (above 0%: growing)	0.00%	+766.67% (above 0%: growing)	30.09%	7.10%	Compare
Median of peers	$9.0B	13.9×	11.1×	+10.33%	+60.85%	+6.35%	36.42%	20.59%

All 17 Insurance Life stocks →

From the latest earnings call

Updated 1 November 2026

CFO Steve Zabel said Unum is raising paid family and medical leave rates after higher claims activity pressured its U.S. group disability results.
CEO Rick McKinney said Unum’s agreement to reinsure additional long-term care reserves is part of its effort to reduce risk in the closed block.

Read the Earnings & Analysis →

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 89.37%

Held by the ten largest 48.39%

Holder	Shares	Stake	Change
BlackRock	17.99m	11.37%	−237.85k
Vanguard	16.65m	10.52%	−912.36k
Norges Bank	13.26m	8.37%	+13.26m
Fidelity (FMR)	7.74m	4.89%	+527.96k
State Street	5.07m	3.20%	−78.02k
Dimensional Fund Advisors	4.14m	2.61%	+52.99k
Morgan Stanley	3.25m	2.05%	−85.02k
Geode Capital Management	3.12m	1.97%	−203.54k
AQR Capital Management	2.98m	1.88%	+1.08m
LSV ASSET MANAGEMENT	2.41m	1.52%	−169.95k

13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 9 April 2026

Chief executive’s pay

Year	Total pay	Actually paid	$100 invested
2025	19.42m	21.37m	398.50
2024	18.39m	27.04m	367.10
2023	19.73m	22.04m	220.70
2022	9.60m	24.12m	194.20
2021	9.35m	11.19m	111.90

Ownership

Directors and executive officers, together less than 1%

The Vanguard Group 12.75%

BlackRock, Inc. 10.02%

Norges Bank 9.04%

Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Unum Group (UNM) Latest News

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Unum Group

Insider Decisions last twelve months

Capital & Financial Ratios $m

Valuation vs history

Dividends raised every year since 2017

Assets vs Liabilities $m

Compound Annual Growth %

Earnings Trends EPS, adjusted, against the consensus

EPS $

Revenue $m

Operating Cash Flow $m

Free Cash Flow $m

Target Price Range

Recommendation Rating

Ten years at a glance Fiscal years to December

Business profile

Unum Group vs peers in Insurance Life (Q) = latest quarter vs a year earlier

From the latest earnings call

Largest institutional holders 13F, quarter to 30 June 2026

Pay and ownership Proxy statement filed 9 April 2026

Chief executive’s pay

Ownership

Unum Group (UNM) Latest News

Insider Decisions last twelve months

Capital & Financial Ratios $m

Valuation vs history

Dividends raised every year since 2017

Assets vs Liabilities $m

Compound Annual Growth %

Earnings Trends EPS, adjusted, against the consensus

EPS $

Revenue $m

Operating Cash Flow $m

Free Cash Flow $m

Target Price Range

Recommendation Rating

Ten years at a glance Fiscal years to December

Business profile

Unum Group vs peers in Insurance Life (Q) = latest quarter vs a year earlier

From the latest earnings call

Largest institutional holders 13F, quarter to 30 June 2026

Pay and ownership Proxy statement filed 9 April 2026

Chief executive’s pay

Ownership

Unum Group (UNM) Latest News

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