Unum Group (UNM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$2.15	$2.16	+0.5%	—	—	—
Q3 26	$2.05	$2.14	+4.4%	—	—	—
Q2 26	$2.11	$1.92	-9.0%	—	—	—
Q1 26	$2.21	$2.07	-6.3%	—	—	—
Q4 25	$2.19	$2.04	-6.8%	—	—	—
Q3 25	$2.14	$2.03	-5.1%	—	—	—
Q2 25	$2.11	$2.13	+0.9%	—	—	—
Q1 25	$2.02	$2.16	+6.9%	—	—	—
Q4 24	$1.97	$2.12	+7.6%	—	—	—
Q3 24	$1.86	$1.79	-3.8%	—	—	—
Q2 24	$1.92	$1.94	+1.0%	—	—	—
Q1 24	$1.86	$2.06	+10.8%	—	—	—
Q4 23	$1.66	$1.87	+12.7%	—	—	—
Q3 23	$1.47	$1.43	-2.7%	—	—	—
Q2 23	$1.41	$1.51	+7.1%	—	—	—
Q1 23	$1.22	$1.91	+56.6%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.28	—	—	$13B	—
FY24	—	$9.49	—	—	$12.8B	—
FY23	—	$6.53	—	—	$12.3B	—
FY22	—	$6.55	—	—	$11.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$11B	$11.3B	$11.6B	$12B	$13.1B	$11.8B	$11.9B	$12.3B	$12.8B	$13B
YoY change	+2.94%	+2.18%	+2.76%	+3.4%	+9.63%	-9.96%	+0.32%	+3.65%	+3.91%	+1.52%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	11B	11.3B	11.6B	12B	13.1B	11.8B	11.9B	12.3B	12.8B	13B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	839.1M	852.3M	885.9M	898.3M	953.2M	975.2M	1.1B	1.2B	1.2B	1.2B
Operating expenses	1.7B	1.7B	1.8B	1.9B	2B	2B	2.1B	2.3B	2.4B	2.7B
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	205.6M	197.7M	198.2M	221.2M	224.2M	242.9M	261.1M	279.2M	294.5M	318.4M
Pretax income	1.3B	1.4B	627.8M	1.4B	964M	1.3B	1.8B	1.6B	2.3B	933.5M
Income tax	416.3M	409.8M	104.4M	281.8M	171M	279.6M	342.8M	356.3M	472.2M	195M
Net income	931.4M	994.2M	523.4M	1.1B	793M	981M	1.4B	1.3B	1.8B	738.5M
Net margin	8.43%	8.81%	4.51%	9.17%	6.03%	8.29%	11.9%	10.4%	13.9%	5.69%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	3.96	4.39	2.38	5.25	3.89	4.04	6.55	6.53	9.49	4.28
Diluted EPS	3.95	4.37	2.38	5.24	3.89	4.02	6.5	6.5	9.46	4.27

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	3.4B	3.2B	3.3B	3.4B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	292.4M	288.8M	325.5M	307M
Operating expenses	—	—	—	—	—	—	—	—	653.2M	773.6M	682.7M	674.5M
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	85.6M	80.1M	82.8M	79M
Pretax income	—	—	—	—	—	—	—	—	54.5M	218.4M	302.7M	329.5M
Income tax	—	—	—	—	—	—	—	—	14.8M	44.3M	70.7M	72.6M
Net income	—	—	—	—	—	—	—	—	39.7M	174.1M	232M	256.9M
Net margin	—	—	—	—	—	—	—	—	1.18%	5.43%	6.96%	7.67%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	1.03	1.7	2.05	2.05	3.46	1.93	1.06	1.93	0.23	1.04	1.41	1.61
Diluted EPS	1.02	1.69	2.04	2.05	3.46	1.92	1.06	1.92	0.23	1.04	1.41	1.61

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	10.3B	12.4B	6.5B	6.1B	4.7B	5B	8.2B	8.9B	13.7B	13.4B	14.4B
Enterprise value	-31.8B	-31.3B	-34.7B	-39B	-37.8B	-36.3B	-24.7B	-26.3B	-20.9B	-19.1B	16.3B
Shares outstanding	235.4M	226.5M	219.6M	209.7M	203.6M	204.2M	200.6M	196.7M	187.5M	172.5M	172.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	11.1	12.5	12.3	5.56	5.89	5.12	5.85	6.93	7.7	18.1	21.4
P/S	0.94	1.1	0.56	0.51	0.36	0.42	0.69	0.72	1.07	1.03	1.08
P/B	1.15	1.3	0.75	0.61	0.43	0.44	0.94	0.92	1.25	1.2	1.33
EV/EBITDA	—	—	—	—	—	—	—	—	—	—	12.9
EV/Sales	-2.87	-2.77	-2.99	-3.25	-2.87	-3.07	-2.08	-2.13	-1.63	-1.47	1.22
Earnings yield	9.01%	8%	8.11%	18%	17%	19.5%	17.1%	14.4%	13%	5.52%	4.68%
FCF yield	10%	8.52%	21.6%	23.8%	7.5%	25.5%	16%	12%	10.1%	4.15%	-15.5%
PEG	—	—	—	—	—	—	—	—	—	—	-1.29

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Operating margin	—	—	—	—	—	—	—	—	—	—	11.4%
Net margin	8.43%	8.81%	4.51%	9.17%	6.03%	8.29%	11.9%	10.4%	13.9%	5.69%	5.26%
ROE	10.4%	10.4%	6.07%	11%	7.29%	8.59%	16.1%	13.3%	16.2%	6.64%	6.35%
ROA	—	—	—	—	—	—	—	—	2.87%	1.16%	1.1%
Return on tangible assets	—	—	—	—	—	—	—	—	2.91%	1.18%	1.12%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	—	—	—	—	—	—	—	—	—	17.3
Debt / equity	0.33	0.31	0.34	0.37	0.31	0.3	0.39	0.36	0.34	0.34	0.37
Debt / assets	—	—	—	—	—	—	—	—	0.06	0.06	0.06
Net debt / EBITDA	—	—	—	—	—	—	—	—	—	—	1.52
Interest coverage	9.12	9.78	4.75	8.79	6.12	7.81	10.3	9.42	12.2	5.47	5.29
Effective tax rate	30.9%	29.2%	16.6%	20.4%	17.7%	22.2%	19.6%	21.7%	21%	20.9%	22.4%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	46.9	49.8	52.8	57.2	64.6	58	59.2	62.6	68.2	75.3	80.7
EPS (basic)	3.96	4.39	2.38	5.25	3.89	4.04	6.55	6.53	9.49	4.28	4.28
EPS (diluted)	3.95	4.37	2.38	5.24	3.89	4.02	6.5	6.5	9.46	4.27	4.26
Book value per share	38.1	42.3	39.3	47.5	53.4	55.9	43.5	49.1	58.5	64.5	68.3
FCF per share	4.4	4.67	6.34	6.94	1.72	6.25	6.56	5.43	7.4	3.22	4.33
Cash per share	191.6	206.1	200.7	232.8	225	219.4	181.2	196.2	204.4	210	13.1
Capex per share	0.36	0.46	0.66	0.72	0.58	0.54	0.51	0.69	0.67	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.77%	0.93%	1.24%	1.26%	0.91%	0.93%	0.86%	1.1%	0.98%	—	—
Capex / operating cash flow	10.2%	11.1%	27.4%	10.3%	1.5K%	6.82%	5.02%	7.33%	5.1%	—	—
Payout ratio	19.6%	19.7%	41.2%	20.8%	29.2%	24.4%	18.1%	21.6%	16.7%	41.5%	42.7%
Dividend yield	1.77%	1.58%	3.34%	3.75%	4.97%	4.77%	3.09%	3.12%	2.17%	2.29%	2.24%

Yield

2.24%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.505

ex-dividend Jul 24, 2026

Payout ratio

43%

of earnings

Dividend growth

13 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 24, 2026	$0.505
Apr 24, 2026	$0.46
Jan 30, 2026	$0.46

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	—	—	—	—	—	—	—	—	$3.4B	$3.2B	$3.3B	$3.4B
YoY change	—	—	—	—	—	—	—	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	45.1B	46.7B	44.1B	48.8B	45.8B	44.8B	36.4B	38.6B	38.3B	36.2B
Receivables	6.5B	6.5B	6.3B	6.4B	12.2B	12.4B	11.1B	10.7B	9.8B	13B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	734M	733M	894M	880.8M	873.6M	850.6M	821M	827.6M	808.4M	821.6M
Total assets	—	—	—	—	—	—	—	—	62B	63.5B
Accounts payable	—	—	—	—	—	—	—	—	—	—
Short-term debt	0	199.9M	0	399.7M	0	—	2M	0	274.6M	0
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	3B	2.7B	3B	3.3B	3.3B	3.4B	3.4B	3.4B	3.5B	3.8B
Total liabilities	—	—	—	—	—	—	—	—	51B	52.4B
Shareholders' equity	9B	9.6B	8.6B	10B	10.9B	11.4B	8.7B	9.7B	11B	11.1B
Total debt	3B	2.9B	3B	3.7B	3.3B	3.4B	3.4B	3.4B	3.7B	3.8B
Net debt	2.9B	2.9B	2.9B	3.6B	3.1B	3.4B	3.3B	3.3B	3.6B	3.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	35.7B	38.6B	38.1B	37.9B	39.9B	38.3B	39B	39.4B	36.1B	36.2B	35.5B	36.5B
Receivables	10.4B	10.7B	10.4B	10.2B	10.1B	9.8B	9.7B	9.6B	13.1B	13B	12.9B	12.7B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	695.8M	827.6M	699.2M	699.2M	704M	808.4M	701.2M	706.6M	708M	821.6M	706M	706M
Total assets	—	—	62.5B	62B	64.1B	62B	62.5B	62.8B	63.7B	63.5B	62.7B	63.5B
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	—	0	—	—	—	274.6M	274.6M	274.8M	274.9M	0	—	—
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	3.4B	3.4B	3.4B	3.5B	3.5B	3.5B	3.5B	3.5B	3.5B	3.8B	3.8B	3.8B
Total liabilities	—	—	—	51.6B	53.2B	51B	51.2B	51.5B	52.8B	52.4B	51.8B	52.7B
Shareholders' equity	9.6B	9.7B	10.2B	10.5B	11B	11B	11.2B	11.3B	10.9B	11.1B	10.9B	10.8B
Total debt	3.4B	3.4B	3.4B	3.5B	3.5B	3.7B	3.7B	3.7B	3.7B	3.8B	3.8B	3.8B
Net debt	3.3B	3.3B	3.2B	3.3B	3.3B	3.6B	3.5B	2.5B	3.4B	3.6B	3.6B	3.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	931.4M	994.2M	523.4M	1.1B	793M	981M	1.4B	1.3B	1.8B	738.5M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-132.6M	-76.2M	-43.8M	285.7M	211.6M	1B	559.3M	518.4M	623.9M	529.4M
Operating cash flow	837.2M	945.5M	526.2M	1.5B	8.1M	1.6B	2B	1.8B	2.5B	687.7M
Capital expenditure	-85M	-105.3M	-144.1M	-150.9M	-119.1M	-110.3M	-102.2M	-134.8M	-125.7M	—
Investing cash flow	-715.5M	-499.3M	-930.1M	-1.4B	-267.7M	-1.3B	-955.9M	-725.9M	-344.4M	681.2M
Dividends paid	-182.6M	-196M	-215.6M	-229.2M	-231.9M	-239.4M	-254.2M	-277.1M	-296.5M	-306.2M
Share repurchases	-405.2M	-401.8M	-356.2M	-400.3M	0	-50M	-200.1M	-250.1M	-972.9M	-1B
Financing cash flow	-418.6M	-687.8M	-789.8M	-223M	-488.7M	-168.9M	-418.6M	-452.1M	-1.2B	-1.5B
Net change in cash	-296.9M	-241.6M	-1.2B	-149M	-748.3M	107M	660.4M	660M	970M	-147.3M
Free cash flow	1B	1.1B	1.4B	1.5B	350.2M	1.3B	1.3B	1.1B	1.4B	555.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	39.7M	174.1M	232M	256.9M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	161M	8.2M	-33.8M	185.6M
Operating cash flow	—	—	—	—	—	—	—	—	-371.8M	357.9M	340.8M	503.5M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	-158.5M	-184.7M	122.3M	-470.2M
Dividends paid	—	—	—	—	—	—	—	—	-78.4M	-77.3M	-78.2M	-73.6M
Share repurchases	—	—	—	—	—	—	—	—	-250.9M	-258.5M	-398.8M	-209.9M
Financing cash flow	—	—	—	—	—	—	—	—	-305.8M	-305.1M	-389.1M	2.5M
Net change in cash	—	—	—	—	—	—	—	—	-836.1M	-131.9M	74M	35.8M
Free cash flow	362.3M	297.8M	270M	311.4M	352.3M	453.8M	317.8M	320.1M	-402.6M	320.1M	301.2M	474.3M

Date	Ratio
Jun 3, 1997	2:1
Mar 10, 1992	2:1

Unum Group Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history