Unum GroupUNM
NYSE•Financial Services•Insurance - Life
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as voluntary benefits, individual disability, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products. It also provides group pensions, individual life and corporate-owned life insurance, reinsurance pools and management operations, and other miscellaneous products. The company sells its products to employers for the benefit of employees. It sells its products through field sales personnel, independent brokers, consultants, and independent contractor agent sales force and brokers. Unum Group was formerly known as UnumProvident Corporation and changed its name to Unum Group in March 2007. The company was founded in 1848 and is based in Chattanooga, Tennessee.
Unum Group (UNM) reported trailing twelve months revenue of $13.34B as of March 2026, a 4.4% increase year-over-year. Quarterly revenue reached $3.36B, reflecting continued top-line momentum.
Unum Group generated $781.40M in TTM net income, with quarterly EBITDA of $339.50M. The operating margin contracted from 15.1% to 9.2%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (9.2%) and net margin (6.9%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 6.1% a year ago, signaling stronger bottom-line efficiency.
UNM trades at a P/E of 15.3x (in line with broad market averages) and a P/S of 0.9x. The price-to-book ratio of 1.1x reflects a moderate premium to book value.
The company generated $301.20M in free cash flow over the trailing twelve months, a 5.2% decrease year-over-year, indicating cash generation ability. The balance sheet shows $62.71B in total assets with $3.76B in long-term debt against $10.89B in stockholders equity for a debt-to-equity ratio of 0.3, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~13.8% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~11.8% on average, adequate but below the threshold typically associated with wide moats.
7 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (6 of 7 quarters up), with ~5.3% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Operating margins dropped 20.4% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.
FCF covers net income by -0.2x on average — earnings are well-supported by cash generation.
D/E ratio is 0.3 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 13.6% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation