Unum Group (UNM) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Insurance - Life
EV/EBITDA
↑
17.30
↑+101% vs avg
5yr avg: 8.61
30Y Low1.8·High22.1
P/FCF
↑
26.16
↑+149% vs avg
5yr avg: 10.53
30Y Low2.4·High24.1
P/B Ratio
↑
1.40
↑+47% vs avg
5yr avg: 0.95
30Y Low0.4·High3.1
ROE
↓
6.7%
↑-45% vs avg
5yr avg: 12.1%
30Y Low-5%·High25%
Debt/EBITDA
↑
3.69
↑+57% vs avg
5yr avg: 2.36
30Y Low0.1·High9.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
UNM Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Unum Group trades at 21.0x earnings, 135% above its 5-year average of 9.0x, sitting at the 81st percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 55%. On a free-cash-flow basis, the stock trades at 26.2x P/FCF, 149% above the 5-year average of 10.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14.5B | $13.4B | $13.7B | $8.9B | $8.3B | $5.0B | $4.7B | $6.1B | $6.5B | $12.5B | $10.4B |
| Enterprise Value | $18.3B | $17.1B | $17.4B | $12.3B | $11.6B | $8.5B | $8.0B | $9.6B | $9.3B | $15.3B | $13.3B |
| P/E Ratio → | 21.02 | 18.11 | 7.72 | 6.96 | 5.90 | 6.11 | 5.90 | 5.56 | 12.34 | 12.56 | 11.12 |
| P/S Ratio | 1.11 | 1.03 | 1.07 | 0.73 | 0.70 | 0.43 | 0.36 | 0.51 | 0.56 | 1.11 | 0.94 |
| P/B Ratio | 1.40 | 1.21 | 1.25 | 0.93 | 0.95 | 0.44 | 0.43 | 0.61 | 0.75 | 1.30 | 1.16 |
| P/FCF | 26.16 | 24.13 | 9.90 | 8.37 | 6.30 | 3.94 | 9.77 | 3.85 | 4.64 | 11.95 | 10.05 |
| P/OCF | 21.13 | 19.49 | 9.08 | 7.43 | 5.85 | 3.63 | 7.82 | 3.51 | 4.21 | 10.85 | 9.29 |
P/E links to full P/E history page with 30-year chart
UNM EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Unum Group's enterprise value stands at 17.3x EBITDA, 101% above its 5-year average of 8.6x. The Financial Services sector median is 11.4x, placing the stock at a 52% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.31 | 1.36 | 1.00 | 0.98 | 0.72 | 0.61 | 0.80 | 0.81 | 1.36 | 1.20 |
| EV / EBITDA | 17.30 | 16.23 | 7.36 | 7.05 | 6.24 | 6.19 | 7.43 | 6.41 | 12.81 | 10.17 | 9.15 |
| EV / EBIT | 19.58 | 15.01 | 7.11 | 6.72 | 5.99 | 5.91 | 6.95 | 6.13 | 11.75 | 9.81 | 8.76 |
| EV / FCF | — | 30.87 | 12.56 | 11.54 | 8.81 | 6.69 | 16.74 | 6.01 | 6.71 | 14.69 | 12.87 |
UNM Profitability
Margins and return-on-capital ratios measuring operating efficiency
Unum Group earns an operating margin of 7.2%, below the Financial Services sector average of 20.3%. Operating margins have compressed from 13.3% to 7.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 6.7% is modest, trailing the sector median of 9.0%. ROIC of 4.7% represents below-average returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.2% | 38.2% | 37.1% | 32.8% | 33.1% | 28.0% | 23.5% | 28.5% | 22.2% | 29.0% | 28.8% |
| Operating Margin | 7.2% | 7.2% | 17.6% | 13.3% | 14.7% | 10.6% | 7.3% | 11.5% | 5.4% | 12.4% | 12.2% |
| Net Profit Margin | 5.7% | 5.7% | 13.9% | 10.4% | 11.9% | 8.3% | 6.0% | 9.2% | 4.5% | 8.8% | 8.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.7% | 6.7% | 17.3% | 14.0% | 14.0% | 8.8% | 7.6% | 11.8% | 5.8% | 10.7% | 10.6% |
| ROA | 1.2% | 1.2% | 2.8% | 2.1% | 2.1% | 1.4% | 1.1% | 1.7% | 0.8% | 1.5% | 1.5% |
| ROIC | 4.7% | 4.7% | 12.2% | 9.8% | 9.7% | 6.5% | 5.2% | 8.3% | 3.9% | 8.7% | 8.7% |
| ROCE | 1.5% | 1.5% | 3.6% | 2.6% | 2.7% | 1.8% | 1.4% | 2.1% | 1.0% | 2.2% | 2.2% |
UNM Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Unum Group carries a Debt/EBITDA ratio of 3.7x, which is moderately leveraged (13% below the sector average of 4.3x). Net debt stands at $3.7B ($3.9B total debt minus $158M cash). Interest coverage of 5.5x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.35 | 0.35 | 0.35 | 0.37 | 0.39 | 0.31 | 0.32 | 0.35 | 0.34 | 0.31 | 0.33 |
| Debt / EBITDA | 3.69 | 3.69 | 1.63 | 2.02 | 1.84 | 2.60 | 3.28 | 2.37 | 4.07 | 1.95 | 2.07 |
| Net Debt / Equity | — | 0.34 | 0.34 | 0.35 | 0.38 | 0.31 | 0.31 | 0.35 | 0.33 | 0.30 | 0.32 |
| Net Debt / EBITDA | 3.54 | 3.54 | 1.56 | 1.94 | 1.78 | 2.54 | 3.09 | 2.31 | 3.95 | 1.90 | 2.00 |
| Debt / FCF | — | 6.74 | 2.67 | 3.17 | 2.51 | 2.75 | 6.97 | 2.17 | 2.07 | 2.74 | 2.81 |
| Interest Coverage | 5.47 | 5.47 | 12.19 | 9.42 | 10.28 | 7.81 | 6.12 | 8.79 | 4.75 | 9.78 | 9.12 |
UNM Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio has declined from 4.23x to 2.40x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 2.40 | 4.23 | 4.36 | 4.31 | 4.58 | 2.13 | 4.71 | 3.04 | 4.70 |
| Quick Ratio | — | — | 2.40 | 4.23 | 4.36 | 4.31 | 4.58 | 2.13 | 4.71 | 3.04 | 4.70 |
| Cash Ratio | — | — | 0.24 | 0.37 | 0.32 | 0.20 | 0.53 | 0.11 | 0.26 | 0.14 | 0.28 |
| Asset Turnover | — | 0.20 | 0.21 | 0.19 | 0.19 | 0.17 | 0.18 | 0.18 | 0.19 | 0.17 | 0.17 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
UNM Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Unum Group returns 8.9% to shareholders annually — split between a 2.0% dividend yield and 7.0% buyback yield. A payout ratio of 41.5% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 4.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.0% | 2.3% | 2.2% | 3.1% | 3.1% | 4.8% | 5.0% | 3.7% | 3.3% | 1.6% | 1.8% |
| Payout Ratio | 41.5% | 41.5% | 16.7% | 21.6% | 18.1% | 24.4% | 29.2% | 20.8% | 41.2% | 19.7% | 19.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.8% | 5.5% | 13.0% | 14.4% | 17.0% | 16.4% | 17.0% | 18.0% | 8.1% | 8.0% | 9.0% |
| FCF Yield | 3.8% | 4.1% | 10.1% | 12.0% | 15.9% | 25.4% | 10.2% | 26.0% | 21.5% | 8.4% | 9.9% |
| Buyback Yield | 7.0% | 7.5% | 7.1% | 2.8% | 2.4% | 1.0% | 0.0% | 6.5% | 5.5% | 3.2% | 3.9% |
| Total Shareholder Yield | 8.9% | 9.8% | 9.2% | 5.9% | 5.5% | 5.7% | 5.0% | 10.3% | 8.8% | 4.8% | 5.7% |
| Shares Outstanding | — | $173M | $188M | $198M | $202M | $205M | $204M | $210M | $220M | $227M | $236M |
Peer Comparison
Compare UNM with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 UNMYou | $15B | 21.0 | 17.3 | 26.2 | 38.2% | 7.2% | 6.7% | 4.7% | 3.7 |
 MET | $56B | 17.8 | 9.4 | 3.1 | 36.4% | 6.0% | 11.9% | 13.1% | 3.5 |
 PRU | $37B | 10.4 | 8.2 | 5.9 | 42.0% | 7.9% | 10.9% | 10.0% | 4.7 |
 LNC | $7B | 6.4 | 2.6 | — | 57.3% | 7.3% | 12.3% | 12.0% | 4.1 |
 GNW | $3B | 16.6 | 5.6 | 10.5 | 24.3% | 6.8% | 2.3% | 3.6% | 2.9 |
 PFG | $24B | 20.9 | 14.1 | 5.3 | 45.2% | 9.1% | 9.9% | 9.0% | 2.5 |
 AFL | $59B | 16.9 | 11.2 | 23.3 | 38.9% | 26.6% | 13.1% | 11.8% | 1.5 |
 CNO | $5B | 21.6 | 15.0 | 7.1 | 44.8% | 6.5% | 8.9% | 4.0% | 7.7 |
 GL | $13B | 12.1 | 10.0 | 10.7 | 33.4% | 24.4% | 20.6% | 13.4% | 1.6 |
 HIG | $35B | 9.6 | 7.7 | 6.1 | 46.1% | 16.8% | 21.7% | 16.3% | 0.8 |
 EQH | $13B | -9.4 | — | 18.8 | 79.1% | -10.2% | -51.5% | — | — |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into UNM consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
UNM — Frequently Asked Questions
Quick answers to the most common questions about buying UNM stock.
What is Unum Group's P/E ratio?
Unum Group's current P/E ratio is 21.0x. The historical average is 12.5x. This places it at the 81th percentile of its historical range.
What is Unum Group's EV/EBITDA?
Unum Group's current EV/EBITDA is 17.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.0x.
What is Unum Group's ROE?
Unum Group's return on equity (ROE) is 6.7%. The historical average is 8.7%.
Is UNM stock overvalued?
Based on historical data, Unum Group is trading at a P/E of 21.0x. This is at the 81th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Unum Group's dividend yield?
Unum Group's current dividend yield is 1.97% with a payout ratio of 41.5%.
What are Unum Group's profit margins?
Unum Group has 38.2% gross margin and 7.2% operating margin.
How much debt does Unum Group have?
Unum Group's Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.