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Unum UNM Voluntary Benefits — Expected future benefit payments

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$57.89B-2.0%
Other Insurance Product Line
$9.85B-7.6%

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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: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 voluntary benefits — expected future benefit payments?
Unum (UNM) reported voluntary benefits — expected future benefit payments of $6.19B in Q2 2026.
How has Unum's voluntary benefits — expected future benefit payments changed year-over-year?
Unum's voluntary benefits — expected future benefit payments increased by 5.4% year-over-year, from $5.87B to $6.19B.
What is the long-term trend for Unum's voluntary benefits — expected future benefit payments?
Over 3 years (2022 to 2025), Unum's voluntary benefits — expected future benefit payments has grown at a 10.1% compound annual growth rate (CAGR), from $17.53B to $23.39B.
What does voluntary benefits — expected future benefit payments mean?
This represents the actuarial projection of total cash outflows for claims expected to be paid in the future for the voluntary benefits segment. It is used to determine the necessary reserves to ensure the company can meet its long-term obligations. This forward-looking metric is vital for long-term financial planning and capital adequacy.

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