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Unum UNM Unum International — Deferred Acquisition Costs

Other segment segments

Colonial Life
$1.7B+7.4%
Unum US
$1.25B-3.4%

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GLInvestment — Deferred acquisition costs
$0

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:DeferredPolicyAcquisitionCosts.

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 itemUnum USUnum InternationalColonial LifeTotal
Balance, beginning of year$1,208.7$72.1$1,639.5$2,920.3
Capitalization181.316.3180.4378.0
Amortization expense(139.6)(6.1)(123.9)(269.6)
Foreign currency(3.3)(3.3)
Balance, end of period$1,250.4$79.0$1,696.0$3,025.4

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's unum international — deferred acquisition costs?
Unum (UNM) reported unum international — deferred acquisition costs of $79M in Q2 2026.
How has Unum's unum international — deferred acquisition costs changed year-over-year?
Unum's unum international — deferred acquisition costs increased by 19.0% year-over-year, from $66.4M to $79M.
What is the long-term trend for Unum's unum international — deferred acquisition costs?
Over 3 years (2022 to 2025), Unum's unum international — deferred acquisition costs has grown at a 23.8% compound annual growth rate (CAGR), from $140M to $265.9M.
What does unum international — deferred acquisition costs mean?
Costs directly related to the acquisition of new insurance business, such as commissions and underwriting expenses, which are capitalized and amortized over the life of the policies. This reflects the investment made to secure long-term revenue streams.

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