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Unum UNM Unum International — Effect of change in discount rate assumptions

Other segment segments

Colonial Life
-$176.4M+2.1%
Closed Block
$122.2M-28.1%
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-$86.9M-7.4%

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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:AociLiabilityForFuturePolicyBenefitExpectedNetPremiumBeforeTax.

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 itemJune 30 / 2026June 30 / 2025
Net premiums collected(17.9)(16.1)
Foreign currency(17.7)47.0
Ending balance at original discount rate368.7371.4
Effect of change in discount rate assumptions(24.8)(34.2)
Balance, end of period$343.9$337.2
Present Value of Expected Future Policy Benefits
Balance, beginning of year$2,699.0$2,391.6
Beginning balance at original discount rate2,923.42,641.5

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's unum international — effect of change in discount rate assumptions?
Unum (UNM) reported unum international — effect of change in discount rate assumptions of -$24.8M in Q2 2026.
How has Unum's unum international — effect of change in discount rate assumptions changed year-over-year?
Unum's unum international — effect of change in discount rate assumptions increased by 27.5% year-over-year, from -$34.2M to -$24.8M.
What is the long-term trend for Unum's unum international — effect of change in discount rate assumptions?
Over 3 years (2022 to 2025), Unum's unum international — effect of change in discount rate assumptions has grown at a -9.3% compound annual growth rate (CAGR), from -$173.2M to -$129.2M.
What does unum international — effect of change in discount rate assumptions mean?
This metric quantifies the change in the present value of insurance liabilities resulting from updates to the discount rate used for valuation. It reflects the sensitivity of the company's long-term obligations to interest rate movements. It is a critical component of the periodic remeasurement of insurance liabilities.

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