Unum's recent trajectory suggests a business in transition, with revenue growth slowing to 2.1% year-over-year and a sharp 24.1% quarterly decline in the most recent period, while the loss ratio swung from 3.0% to 81.4% and the combined ratio exceeded 100% in Q3 2026.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated toward low single digits and underwriting results have swung widely, with the loss ratio ranging from 3.0% to 81.4% and the combined ratio reaching 119.4% in Q3 2026, suggesting claims volatility is the dominant driver of reported earnings.
Unum Group operates in a life insurance industry that is experiencing steady improvement, characterized by enhanced returns, reduced liability risks, and strong free cash flow conversion. This positive environment is driven by higher interest rates, favorable demographic trends, and technological advancements, contributing to mid-single-digit premium growth and robust profitability.
The company possesses a competitive edge through its established group benefits franchise, which generates over 20% return on equity (ROE) and exhibits more than 90% free cash flow conversion.
In Q1 2026, Unum Group beat Wall Street's revenue expectations, with sales up 1.7% year on year to $3.36 billion. The company also reported strong premium growth in its core business.
Trailing total returns as of 11/9/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 3, 2026 | $2.20+1.9% vs $2.16 | $2.5B-14.1% vs $3.0B |
Q3 2026 Jul 28, 2026 | $2.16+0.0% vs $2.16 | $2.9B-0.3% vs $2.9B |
Q2 2026 Apr 28, 2026 | $2.14+4.4% vs $2.05 | $3.4B+15.1% vs $2.9B |
Q1 2026 Feb 5, 2026 | $1.92-9.0% vs $2.11 | $3.2B-1.3% vs $3.3B |
Unum Group UNM is expected to register an improvement in its bottom line but a decline in the top line when it reports third-quarter 2026 results on Nov. 3, after the closing bell.
Unum (UNM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Unum (UNM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
UNM targets 4-7% premium growth and 8-12% earnings growth in 2026, backed by strong persistency, disciplined pricing and $1 billion in share buybacks.
Benchmark UNM against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Unum Group (UNM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $76.75 | $12.15B | 50.03 | 2.07% | 1.96% | 2.23% | 2.31% | |
| $98.27 | $63.23B | 12.27 | 10.22% | 6.23% | 19.1% | 2.31% | |
| $119.24 | $41.38B | 10.92 | -13.74% | 6.17% | 11.21% | 4.62% | |
| $40.05 | $7.66B | 2.38 | 1.24% | 16.36% | 31.63% | 4.36% | |
| $8.70 | $3.33B | 59.39 | -10.86% | 0.8% | 0.56% | — | |
| $110.91 | $23.96B | 12.24 | -3.11% | 11.82% | 15.77% | 2.73% |
Unum Group (UNM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Unum Group (UNM) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 3, 2026·SEC
Jul 28, 2026·SEC
Jul 6, 2026·SEC
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Unum Group (UNM) stock FAQ — growth, dividends, profitability & financials explained
Unum Group (UNM) revenue fell by 4.2% over the trailing twelve months, compared with the twelve months before.
Yes. Unum Group (UNM) earned $243.3M in net income over the trailing twelve months (a 2.0% net margin).
Yes. Unum Group (UNM) pays a dividend that yields 2.31% at the current price, a moderate yield.
Unum Group (UNM) had a return on equity (ROE) of 2.2% over the trailing twelve months. That is below the market's typical 10-15%.
Unum Group (UNM) has a combined ratio of 92.8%. A ratio below 100% indicates underwriting profitability.
