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Unum UNM Voluntary Benefits — Issuances

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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:LiabilityForFuturePolicyBenefitExpectedNetPremiumIssuance.

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
Effect of changes in cash flow assumptions
Effect of actual variances from expected experience(35.8)(9.2)(45.0)
Adjusted beginning of year balance1,411.51,223.32,634.8
Issuances1335.082.5417.5
Interest accretion26.525.952.4
Net premiums collected(130.1)(94.9)(225.0)
Ending balance at original discount rate1,642.91,236.82,879.7
Effect of change in discount rate assumptions(75.2)(11.7)(86.9)

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's voluntary benefits — issuances?
Unum (UNM) reported voluntary benefits — issuances of $42.6M in Q2 2026.
How has Unum's voluntary benefits — issuances changed year-over-year?
Unum's voluntary benefits — issuances increased by 14.5% year-over-year, from $37.2M to $42.6M.
What is the long-term trend for Unum's voluntary benefits — issuances?
Over 4 years (2021 to 2025), Unum's voluntary benefits — issuances has grown at a 15.7% compound annual growth rate (CAGR), from $196.5M to $351.6M.
What does voluntary benefits — issuances mean?
This metric measures the liability impact of new insurance policies issued within the Voluntary Benefits segment during the reporting period. It reflects the growth in the company's insurance footprint and the initial reserve requirements associated with new business. It is a primary indicator of sales success and market penetration.

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