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Unum UNM Group Disability — Capitalization

Other product segments

Voluntary Benefits
$34M+5.6%
Individual Disability
$25.4M+21.0%
Dental and Vision
$3.6M-5.3%

Similar metrics at other companies

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AFLDisability — Capitalization
$30M-3.2%
Prudential Financial logo
PRUGroup Insurance — Capitalization
$0
MetLife logo
METGroup Benefits — Capitalizations
$6M+20.0%
Ameriprise Financial logo
AMPDisability Income Insurance — Capitalization of acquisition costs
$1M
American International Group logo
AIGCapitalization
$881M+17.5%
Globe Life logo
GLHealth — Capitalizations
$29.46M+2.3%

Other financials

Income statement

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Revenue$3.4B+8.5%
Operating income$501.8M+2.4%
Net income$232.0M+22.7%
EPS (diluted)$1.41+33.0%

Balance sheet

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Cash & equivalents$192.6M-19.0%
Total debt$3.8B+0.5%
Total equity$10.9B-2.9%
Total assets$62.7B+0.4%

Cash flow

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Operating cash flow$340.8M-3.6%
CapEx$39.6M+10.6%
Free cash flow$301.2M-5.2%

Valuation

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Market cap$14.38B-17.0%
Enterprise value$17.95B-13.3%
P/E18.4×+7.4×
P/S1.1×-0.3×

Profitability

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Net margin5.9%-6.5pp
FCF margin11.2%+1.4pp

Returns & leverage

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Return on equity7.1%-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:DeferredPolicyAcquisitionCostsAdditions.

The official record: Unum’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Unum's group disability — capitalization?
Unum (UNM) reported group disability — capitalization of $16.3M in Q1 2026.
How has Unum's group disability — capitalization changed year-over-year?
Unum's group disability — capitalization increased by 1.2% year-over-year, from $16.1M to $16.3M.
What is the long-term trend for Unum's group disability — capitalization?
Over 4 years (2021 to 2025), Unum's group disability — capitalization has grown at a 5.1% compound annual growth rate (CAGR), from $49.8M to $60.7M.
What does group disability — capitalization mean?
Capitalization refers to the process of recording acquisition costs as an asset rather than expensing them immediately in the period they are incurred. This ensures that expenses are matched with the revenue generated by the insurance policies over their duration. It is a key indicator of the company's investment in new business acquisition.