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US group and voluntary benefits insurer selling disability, life and supplemental health coverage through employers.
US group and voluntary benefits insurer selling disability, life and supplemental health coverage through employers.
Employers buy group cover, and employees pay for extras such as accident or critical-illness insurance through payroll deductions at work, so premiums repeat annually. Profit depends on how many claims come and how long disabled workers stay on benefits. It also carries a closed block of old long-term care policies, no longer sold.
Moat: narrow (distribution, scale, switching costs). Deep broker/employer relationships and enrollment infrastructure built over decades of group business.
Headquarters: Chattanooga, Tennessee, US · Founded: 1848 · Employees: 10,910
Size Unum (UNM) is a United States Financials company (Multi-Line Insurance) with a market value of $12.2B, the 686th largest of 3,117 United States companies the cockpit tracks. Shares closed at $76.75 on 6 Nov 2026.
Performance Over six months the shares fell 5.1%, against +8.4% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 4.8% over the last twelve months (peer median +7.9%); the operating margin is 3.8% (peer median 15.0%).
Valuation It trades at 1.52× book value against a peer median of 1.53× (11th cheapest of 21).
Price implies The share price implies a return on equity of about 8.1%; Unum delivers 2.6%, so the price asks more than the business earns today.
Credit Unum has 7 bonds outstanding ($2.82B), rated BBB by the agencies and trading like BBB- at a weighted spread of 126 bp.
Short interest Short interest is 3.1% of the free float (15 Oct 2026).
Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $12.4B | $13.1B | $12.9B | $12.4B | $12.0B |
| Revenue growth | — | +1% | +4% | +4% | — |
| Net income | $243M | $738M | $1.78B | $1.28B | $1.41B |
| Free cash flow | n/a | $555M | $1.39B | $1.07B | $1.32B |
| Capital expenditure | n/a | $132M | $126M | $135M | $102M |
| Total debt | $3.77B | $3.85B | $3.81B | $3.49B | $3.43B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Unum UNM | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% |
| Aflac AFL | $62.2B | +10% | +14% | 17% | 2.06× | 12.5% |
| MetLife MET | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% |
| Prudential Financial PRU | $41.1B | +20% | +4% | 13% | 1.39× | 11.4% |
| Lincoln National LNC | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | UNM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -17.1% | +2.0% | lowest of 21 |
| 6-month return | -5.1% | +8.4% | 4th lowest of 21 |
| Return on equity | 2.6% | 16.3% | 2nd lowest of 21 |
| Price / book | 1.52× | 1.53× | 11th cheapest of 21 |
| Trailing P/E | 54.6× | 10.7× | most expensive of 20 |
| ROE the price implies | 8.1% | 9.9% | 4th least demanding of 21 |
| ROE delivered | 2.6% | 16.0% | 2nd lowest of 20 |
| Bond spread | 126 bp | 83 bp | widest of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Unum UNM | United States | $12.2B | -5% | -5% | 3% | 1.52× | 8.1% | 2.6% |
| Globe Life GL | United States | $12.1B | +4% | +6% | 21% | 2.08× | 11.7% | n/a |
| Aegon AGN.AS | Netherlands | $12.7B | +4% | +16% | 10% | 1.25× | 8.2% | 10.5% |
| Aditya Birla Capital ABCAPITAL.NS | India | $11.5B | +8% | +24% | 12% | 2.56× | 41.9% | 12.1% |
| CNA Financial CNA | United States | $12.8B | +9% | +2% | 10% | 1.25× | 7.2% | 9.6% |
| Mapfre MAP.MC | Spain | $14.1B | -2% | +5% | 12% | 1.26× | 8.4% | 12.4% |
| Gjensidige Forsikring GJF.OL | Norway | $14.7B | +9% | +7% | 30% | 5.73× | 19.1% | 29.9% |
| Suncorp SUN.AX | Australia | $14.9B | +21% | -3% | 10% | 2.08× | 11.7% | 9.8% |
| Brookfield Wealth Solutions BNT.TO | Canada | $14.9B | -8% | -18% | 1% | 0.70× | 9.4% | 0.7% |
| Powszechny Zaklad Ubezpieczen Spolka Akcyjna PZU.WA | Poland | $16.1B | +15% | +1% | 20% | 1.83× | 19.5% | 19.5% |
| Kinsale Capital KNSL | United States | $8.64B | +26% | +8% | 28% | 4.70× | 30.6% | 27.8% |
| ASR Nederland ASRNL.AS | Netherlands | $17.3B | +14% | +6% | 13% | 1.74× | 8.3% | 13.1% |
| China Taiping Insurance 0966.HK | Hong Kong | $8.28B | -24% | +19% | 36% | 0.63× | 8.1% | 36.2% |
| Hiscox HSX.L | United Kingdom | $8.08B | +18% | +4% | 17% | 2.06× | 15.1% | 16.6% |
| Lincoln National LNC | United States | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% | 22.6% |
| Axis Capital AXS | United States | $7.60B | +7% | +10% | 16% | 1.33× | 8.1% | 16.0% |
| Great Eastern G07.SI | Singapore | $7.47B | +21% | +27% | 15% | 1.73× | 11.4% | 14.8% |
| Db Insurance 005830.KS | South Korea | $6.90B | +2% | -14% | 17% | 0.85× | 5.1% | 17.0% |
| New China Life Insurance 1336.HK | Hong Kong | $21.5B | -24% | +44% | 42% | 0.87× | 10.3% | 42.3% |
| Legal & General LGEN.L | United Kingdom | $21.9B | +24% | +137% | 26% | 7.73× | 70.7% | 26.2% |
| China Reinsurance (Group) 1508.HK | Hong Kong | $6.64B | -5% | +11% | 10% | 0.40× | 5.5% | 9.7% |
Unum has 7 bonds outstanding with $2.82B face value. The agencies rate it BBB; its bonds trade like BBB-. Weighted yield 6.30%, a spread of 126 bp over government bonds.