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Unum UNM Group Disability — Amortization of Deferred Acquisition Costs

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$27.8M+1.1%
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Other financials

Income statement

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Revenue$3.4B+0.3%
Operating income$501.8M+2.4%
Net income$256.9M-23.5%
EPS (diluted)$1.61-16.1%

Balance sheet

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Cash & equivalents$199.2M-83.3%
Total debt$3.8B+0.5%
Total equity$10.8B-4.5%
Total assets$63.5B+1.0%

Cash flow

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Operating cash flow$503.5M+44.7%
CapEx$29.2M+4.7%
Free cash flow$474.3M+48.2%

Valuation

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Market cap$14.1B+17.5%
Enterprise value$17.67B+21.4%
P/E20.1×+12.2×
P/S1.1×+0.1×

Profitability

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Net margin5.3%-6.5pp
FCF margin11.2%+1.4pp

Returns & leverage

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Return on equity6.4%-7.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Unum in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The source filing: Unum’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000005513-26-000075
Line itemThree Months Ended June 30 / 2026Three Months Ended June 30 / 2025Six Months Ended June 30 / 2026Six Months Ended June 30 / 2025
Commissions364.3343.5732.8686.7
Interest and Debt Expense53.352.0106.4104.0
Deferral of Acquisition Costs(187.4)(174.9)(378.0)(347.5)
Amortization of Deferred Acquisition Costs135.4132.2269.6257.6
Compensation Expense307.0292.0632.5602.4
Other Expenses366.7323.5724.5642.1
Total Benefits and Expenses3,040.52,944.46,093.05,792.4
Income Before Income Tax329.5417.0632.2660.6

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's group disability — amortization of deferred acquisition costs?
Unum (UNM) reported group disability — amortization of deferred acquisition costs of $14.4M in Q2 2026.
How has Unum's group disability — amortization of deferred acquisition costs changed year-over-year?
Unum's group disability — amortization of deferred acquisition costs decreased by 8.3% year-over-year, from $15.7M to $14.4M.
What is the long-term trend for Unum's group disability — amortization of deferred acquisition costs?
Over 4 years (2021 to 2025), Unum's group disability — amortization of deferred acquisition costs has grown at a -8.8% compound annual growth rate (CAGR), from $84.2M to $58.2M.
What does group disability — amortization of deferred acquisition costs mean?
This metric represents the portion of deferred acquisition costs recognized as an expense in the current period. It reflects the systematic allocation of acquisition costs over the life of the insurance contracts. It is a key component of the segment's operating expense profile.

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