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Unum UNM Voluntary Benefits — Net liability for future policy benefits

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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 unm:LiabilityForFuturePolicyBenefitBeforeReinsuranceBeforeOther.

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 voluntary benefits — net liability for future policy benefits?
Unum (UNM) reported voluntary benefits — net liability for future policy benefits of $1.14B in Q1 2026.
How has Unum's voluntary benefits — net liability for future policy benefits changed year-over-year?
Unum's voluntary benefits — net liability for future policy benefits decreased by 0.0% year-over-year, from $1.14B to $1.14B.
What is the long-term trend for Unum's voluntary benefits — net liability for future policy benefits?
Over 3 years (2022 to 2025), Unum's voluntary benefits — net liability for future policy benefits has grown at a -1.7% compound annual growth rate (CAGR), from $4.84B to $4.6B.
What does voluntary benefits — net liability for future policy benefits mean?
This represents the net financial obligation for future insurance benefits after accounting for expected future premiums and interest accretion. It captures the residual liability the insurer must fund to meet its long-term contractual promises. This is a core balance sheet metric for assessing the solvency and long-term capital requirements of the segment.