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

Other segment segments

Colonial Life
-$182.4M+8.2%
Closed Block
$124.3M-16.2%
Unum International
-$41.5M-10.7%

Similar metrics at other companies

Cincinnati Financial logo
CINFUniversal life — Effect of changes in interest rate assumptions
$1M0.0%
Globe Life logo
GLOther — Effect of changes in discount rate assumptions
$310.82M-21.5%
Aflac logo
AFLMedical and other health — Effect of changes in discount rate assumptions
-$1.4B-238%
Globe Life logo
GLOther — Effect of change from original to current discount rates
$8.79M-36.5%
Aflac logo
AFLAccident — Effect of change in discount rate assumptions
-$211M+4.5%
Apollo Global Management logo
APOTotal — Change in discount rate assumptions
$909M+272%

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:AociLiabilityForFuturePolicyBenefitExpectedNetPremiumBeforeTax.

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 unum US — effect of change in discount rate assumptions?
Unum (UNM) reported unum US — effect of change in discount rate assumptions of -$89.4M in Q1 2026.
How has Unum's unum US — effect of change in discount rate assumptions changed year-over-year?
Unum's unum US — effect of change in discount rate assumptions increased by 4.4% year-over-year, from -$93.5M to -$89.4M.
What is the long-term trend for Unum's unum US — effect of change in discount rate assumptions?
Over 3 years (2022 to 2025), Unum's unum US — effect of change in discount rate assumptions has grown at a 32.9% compound annual growth rate (CAGR), from -$120M to -$281.6M.
What does unum US — effect of change in discount rate assumptions mean?
The change in insurance reserves resulting from shifts in the interest rates used to value future obligations.
How do you interpret unum US — effect of change in discount rate assumptions?
A decrease in the liability (positive impact) often occurs when discount rates rise, reducing the present value of future obligations.
How does unum US — effect of change in discount rate assumptions compare across companies?
Highly relevant for all insurers with long-duration liabilities under current accounting standards.