Unum Group (UNM) financial statements
Unum Group reported revenue of $13.1B in fiscal 2025, up 1.9% a year over 9 years.
Net income was $738M and the operating margin 7.1%, against 12.2% in 2016.
Free cash flow was $555M, and the company returned $306M in dividends and $1.0B in net buybacks.
The diluted share count fell 27% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Unum Group's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.0B | $11.3B | $11.6B | $12.0B | $13.2B | $12.0B | $12.0B | $12.4B | $12.9B | $13.1B |
| Operating income | $1.3B | $1.4B | $628M | $1.4B | $964M | $1.3B | $1.8B | $1.6B | $2.3B | $934M |
| Interest expense | $166M | $160M | $167M | $177M | $188M | $185M | $188M | $195M | $201M | $209M |
| Pre-tax income | $1.3B | $1.4B | $628M | $1.4B | $964M | $1.3B | $1.8B | $1.6B | $2.3B | $934M |
| Income tax | $416M | $410M | $104M | $282M | $171M | $280M | $343M | $356M | $472M | $195M |
| Net income | $931M | $994M | $523M | $1.1B | $793M | $981M | $1.4B | $1.3B | $1.8B | $738M |
| EPS (diluted) | $3.95 | $4.37 | $2.38 | $5.24 | $3.89 | $4.79 | $6.96 | $6.50 | $9.46 | $4.27 |
| Diluted shares | 236M | 227M | 220M | 210M | 204M | 205M | 202M | 198M | 188M | 173M |
| Operating margin | 12.2% | 12.4% | 5.4% | 11.5% | 7.3% | 10.5% | 14.6% | 13.2% | 17.5% | 7.1% |
| Net margin | 8.4% | 8.8% | 4.5% | 9.2% | 6.0% | 8.2% | 11.7% | 10.4% | 13.8% | 5.6% |
Balance sheet
Fiscal years, from Unum Group's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $100M | $77M | $94M | $84M | $197M | $75M | $119M | $146M | $163M | $158M |
| Property, plant and equipment | $501M | $505M | $547M | $534M | $498M | $463M | $452M | $485M | $488M | $504M |
| Goodwill | $335M | $339M | $350M | $352M | $353M | $352M | $348M | $350M | $349M | $354M |
| Total assets | $61.9B | $64.0B | $61.9B | $67.0B | $70.6B | $70.1B | $61.1B | $63.3B | $62.0B | $63.5B |
| Long-term debt | $3.0B | $2.7B | $3.0B | $2.9B | $3.3B | $3.4B | $3.4B | $3.4B | $3.5B | $3.8B |
| Total liabilities | $53.0B | $54.4B | $53.3B | $57.0B | $59.8B | $58.7B | $52.4B | $53.6B | $51.0B | $52.4B |
| Shareholders' equity | $9.0B | $9.6B | $8.6B | $10.0B | $10.9B | $6.0B | $8.7B | $9.7B | $11.0B | $11.1B |
| Net debt | $2.9B | $2.9B | $2.9B | $3.2B | $3.1B | $3.4B | $3.3B | $3.3B | $3.6B | $3.6B |
Cash flow
Fiscal years, from Unum Group's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.1B | $1.2B | $1.5B | $1.6B | $469M | $1.4B | $1.4B | $1.2B | $1.5B | $688M |
| Capital spending | $85M | $105M | $144M | $151M | $119M | $110M | $102M | $135M | $126M | $132M |
| Free cash flow | $1.0B | $1.1B | $1.4B | $1.5B | $350M | $1.3B | $1.3B | $1.1B | $1.4B | $555M |
| Stock-based compensation | $22M | $30M | $26M | $27M | $30M | $35M | $53M | $64M | $48M | $54M |
| Dividends paid | $183M | $196M | $216M | $229M | $232M | $239M | $254M | $277M | $296M | $306M |
| Share buybacks (net) | -$405M | -$402M | -$356M | -$400M | $0 | -$50M | -$200M | -$250M | -$973M | -$1.0B |
| Net borrowing | $195M | -$64M | $31M | $349M | $14M | $88M | -$15M | -$2M | $42M | $21M |
| Free cash flow margin | 9.4% | 9.4% | 12.0% | 12.1% | 2.7% | 10.6% | 11.0% | 8.6% | 10.8% | 4.2% |
| Dividends per share | $0.77 | $0.86 | $0.98 | $1.09 | $1.14 | $1.17 | $1.26 | $1.40 | $1.58 | $1.77 |
Questions
What was Unum Group's revenue in 2025?
$13.1B in fiscal 2025, from its 10-K filing.
How much free cash flow does Unum Group generate?
$555M in fiscal 2025 (operating cash flow minus capital spending).
From Unum Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.