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Unum UNM Group Disability — Net liability for future policy benefits

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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 unm:LiabilityForFuturePolicyBenefitBeforeReinsuranceBeforeOther.

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 — net liability for future policy benefits?
Unum (UNM) reported group disability — net liability for future policy benefits of $4.52B in Q1 2026.
How has Unum's group disability — net liability for future policy benefits changed year-over-year?
Unum's group disability — net liability for future policy benefits decreased by 4.4% year-over-year, from $4.73B to $4.52B.
What is the long-term trend for Unum's group disability — net liability for future policy benefits?
Over 3 years (2022 to 2025), Unum's group disability — net liability for future policy benefits has grown at a -7.3% compound annual growth rate (CAGR), from $23.41B to $18.65B.
What does group disability — net liability for future policy benefits mean?
This metric captures the net present value of future benefit obligations for the group disability segment after accounting for expected future premiums and interest accretion. It represents the company's long-term financial commitment to policyholders. It is a core measure of the segment's long-term solvency and reserve adequacy.