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Unum UNM Group Disability — Expected future benefit payments

Other product segments

Long-term Care
$57.89B-2.0%
Other Insurance Product Line
$9.85B-7.6%
Voluntary Benefits
$6.19B+5.4%

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$8.31B+22.8%
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$1.24B-4.2%
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$1.79B-7.4%

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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitUndiscountedBeforeReinsurance.

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 itemGroup DisabilityGroup Life and AD&DVoluntary BenefitsIndividual DisabilityTotal Unum US
Amount of undiscounted:
Expected future benefit payments$5,569.3$886.3$6,186.4$5,076.4$17,718.4
Expected future gross premiums$6,928.6$5,818.2$12,746.8
Amount of discounted (at interest accretion rate):
Expected future gross premiums$4,393.2$4,192.8$8,586.0
Weighted average interest rate:
Interest accretion rate4.3%2.5%5.0%5.1%4.4%
Current discount rate4.7%2.8%5.6%5.2%4.8%

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's group disability — expected future benefit payments?
Unum (UNM) reported group disability — expected future benefit payments of $5.57B in Q2 2026.
How has Unum's group disability — expected future benefit payments changed year-over-year?
Unum's group disability — expected future benefit payments decreased by 4.6% year-over-year, from $5.84B to $5.57B.
What is the long-term trend for Unum's group disability — expected future benefit payments?
Over 3 years (2022 to 2025), Unum's group disability — expected future benefit payments has grown at a -7.2% compound annual growth rate (CAGR), from $28.78B to $22.99B.
What does group disability — expected future benefit payments mean?
This metric represents the actuarial estimate of total cash outflows for disability benefits expected to be paid in future periods. It is derived from mortality, morbidity, and lapse assumptions. It serves as the basis for calculating the liability for future policy benefits.

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