Sun Life Financial Inc.
Sun Life Financial Inc., a financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda. It offers various insurance products, such as term and permanen… Read more
Sun Life Financial Inc. (SLF) - Net Assets
Latest net assets as of December 2025: $25.47 Billion USD
Based on the latest financial reports, Sun Life Financial Inc. (SLF) has net assets worth $25.47 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($398.13 Billion) and total liabilities ($372.66 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $25.47 Billion |
| % of Total Assets | 6.4% |
| Annual Growth Rate | 5.45% |
| 5-Year Change | -9.27% |
| 10-Year Change | 13.87% |
| Growth Volatility | 18.74 |
Sun Life Financial Inc. - Net Assets Trend (1998–2025)
This chart illustrates how Sun Life Financial Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sun Life Financial Inc. (1998–2025)
The table below shows the annual net assets of Sun Life Financial Inc. from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $25.47 Billion | -2.52% |
| 2024-12-31 | $26.13 Billion | +7.97% |
| 2023-12-31 | $24.20 Billion | -17.62% |
| 2022-12-31 | $29.38 Billion | +4.65% |
| 2021-12-31 | $28.07 Billion | +8.55% |
| 2020-12-31 | $25.86 Billion | +5.52% |
| 2019-12-31 | $24.51 Billion | -0.25% |
| 2018-12-31 | $24.57 Billion | +6.96% |
| 2017-12-31 | $22.97 Billion | +2.70% |
| 2016-12-31 | $22.37 Billion | +4.44% |
| 2015-12-31 | $21.42 Billion | +13.49% |
| 2014-12-31 | $18.87 Billion | +8.75% |
| 2013-12-31 | $17.35 Billion | +3.60% |
| 2012-12-31 | $16.75 Billion | +6.49% |
| 2011-12-31 | $15.73 Billion | -14.57% |
| 2010-12-31 | $18.41 Billion | +5.48% |
| 2009-12-31 | $17.46 Billion | +0.02% |
| 2008-12-31 | $17.45 Billion | +0.80% |
| 2007-12-31 | $17.32 Billion | +0.30% |
| 2006-12-31 | $17.26 Billion | +10.69% |
| 2005-12-31 | $15.60 Billion | -0.98% |
| 2004-12-31 | $15.75 Billion | -8.88% |
| 2003-12-31 | $17.29 Billion | -7.58% |
| 2002-12-31 | $18.70 Billion | +73.76% |
| 2001-12-31 | $10.76 Billion | +60.71% |
| 2000-12-31 | $6.70 Billion | +13.93% |
| 1999-12-31 | $5.88 Billion | -3.34% |
| 1998-12-31 | $6.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sun Life Financial Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1291646500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.92 Billion | 52.69% |
| Common Stock | $7.89 Billion | 32.20% |
| Other Comprehensive Income | $1.38 Billion | 5.65% |
| Other Components | $2.32 Billion | 9.46% |
| Total Equity | $24.51 Billion | 100.00% |
Sun Life Financial Inc. Competitors by Market Cap
The table below lists competitors of Sun Life Financial Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cognizant Technology Solutions Corporation
SA:CTSH34
|
$35.48 Billion |
|
Take-Two Interactive Software Inc
NASDAQ:TTWO
|
$35.73 Billion |
|
Fiserv Inc.
NASDAQ:FISV
|
$35.73 Billion |
|
Nucor Corp
NYSE:NUE
|
$35.76 Billion |
|
Old Dominion Freight Line Inc
NASDAQ:ODFL
|
$35.39 Billion |
|
Haier Smart Home Co. Ltd
PINK:HSHCY
|
$35.16 Billion |
|
Hyundai Motor Co Pref
KO:005387
|
$35.10 Billion |
|
Hyundai Motor Co. Ltd. Pfd. Series 1
KO:005385
|
$35.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sun Life Financial Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,053,000,000 to 24,512,008,000, a change of -1,540,992,000 (-5.9%).
- Net income of 3,741,948,072 contributed positively to equity growth.
- Dividend payments of 2,062,318,000 reduced retained earnings.
- Share repurchases of 1,705,609,000 reduced equity.
- Other comprehensive income decreased equity by 1,043,129,000.
- Other factors decreased equity by 471,884,072.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.74 Billion | +15.27% |
| Dividends Paid | $2.06 Billion | -8.41% |
| Share Repurchases | $1.71 Billion | -6.96% |
| Other Comprehensive Income | $-1.04 Billion | -4.26% |
| Other Changes | $-471.88 Million | -1.93% |
| Total Change | $- | -5.91% |
Book Value vs Market Value Analysis
This analysis compares Sun Life Financial Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.21x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $15.20 | $63.97 | x |
| 1999-12-31 | $14.70 | $63.97 | x |
| 2000-12-31 | $15.91 | $63.97 | x |
| 2001-12-31 | $22.83 | $63.97 | x |
| 2002-12-31 | $31.75 | $63.97 | x |
| 2003-12-31 | $26.23 | $63.97 | x |
| 2004-12-31 | $23.94 | $63.97 | x |
| 2005-12-31 | $26.35 | $63.97 | x |
| 2006-12-31 | $29.63 | $63.97 | x |
| 2007-12-31 | $30.10 | $63.97 | x |
| 2008-12-31 | $30.98 | $63.97 | x |
| 2009-12-31 | $30.99 | $63.97 | x |
| 2010-12-31 | $30.05 | $63.97 | x |
| 2011-12-31 | $27.12 | $63.97 | x |
| 2012-12-31 | $27.73 | $63.97 | x |
| 2013-12-31 | $28.26 | $63.97 | x |
| 2014-12-31 | $30.49 | $63.97 | x |
| 2015-12-31 | $34.80 | $63.97 | x |
| 2016-12-31 | $35.47 | $63.97 | x |
| 2017-12-31 | $36.25 | $63.97 | x |
| 2018-12-31 | $38.80 | $63.97 | x |
| 2019-12-31 | $39.19 | $63.97 | x |
| 2020-12-31 | $41.54 | $63.97 | x |
| 2021-12-31 | $44.60 | $63.97 | x |
| 2022-12-31 | $46.60 | $63.97 | x |
| 2023-12-31 | $40.81 | $63.97 | x |
| 2024-12-31 | $44.84 | $63.97 | x |
| 2025-12-31 | $59.47 | $63.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sun Life Financial Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.87%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 16.24x
- Recent ROE (15.27%) is above the historical average (9.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.89% | 0.42% | 0.14x | 15.35x | $-554.10 Million |
| 1999 | 2.79% | 1.11% | 0.15x | 17.14x | $-423.80 Million |
| 2000 | 16.51% | 9.58% | 0.11x | 15.61x | $436.30 Million |
| 2001 | 8.19% | 6.79% | 0.09x | 14.06x | $-176.00 Million |
| 2002 | 5.77% | 7.05% | 0.08x | 10.77x | $-734.59 Million |
| 2003 | 8.20% | 5.93% | 0.13x | 10.92x | $-286.90 Million |
| 2004 | 11.75% | 7.79% | 0.13x | 11.40x | $252.80 Million |
| 2005 | 12.07% | 8.56% | 0.20x | 7.13x | $321.40 Million |
| 2006 | 12.48% | 8.83% | 0.21x | 6.86x | $425.60 Million |
| 2007 | 13.29% | 10.80% | 0.19x | 6.64x | $566.30 Million |
| 2008 | 4.91% | 5.49% | 0.13x | 6.88x | $-885.90 Million |
| 2009 | 3.52% | 2.22% | 0.23x | 6.90x | $-1.13 Billion |
| 2010 | 8.21% | 6.08% | 0.21x | 6.58x | $-328.90 Million |
| 2011 | -1.23% | -0.85% | 0.10x | 13.86x | $-1.77 Billion |
| 2012 | 10.04% | 9.57% | 0.08x | 13.48x | $5.90 Million |
| 2013 | 6.08% | 7.60% | 0.07x | 11.50x | $-680.40 Million |
| 2014 | 9.97% | 7.30% | 0.12x | 11.84x | $-5.20 Million |
| 2015 | 10.74% | 11.93% | 0.08x | 11.53x | $158.20 Million |
| 2016 | 12.87% | 9.89% | 0.11x | 11.76x | $630.40 Million |
| 2017 | 11.14% | 8.48% | 0.11x | 12.06x | $254.90 Million |
| 2018 | 12.29% | 10.80% | 0.10x | 11.47x | $543.40 Million |
| 2019 | 12.58% | 7.42% | 0.13x | 12.70x | $603.20 Million |
| 2020 | 11.37% | 6.42% | 0.13x | 13.20x | $334.10 Million |
| 2021 | 16.61% | 12.24% | 0.10x | 13.12x | $1.74 Billion |
| 2022 | 11.02% | 88.19% | 0.01x | 12.05x | $279.00 Million |
| 2023 | 13.91% | 10.24% | 0.10x | 13.86x | $939.10 Million |
| 2024 | 12.17% | 9.20% | 0.09x | 14.23x | $565.70 Million |
| 2025 | 15.27% | 8.87% | 0.11x | 16.24x | $1.29 Billion |
Industry Comparison
This section compares Sun Life Financial Inc.'s net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $29,608,843,500
- Average return on equity (ROE) among peers: 13.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sun Life Financial Inc. (SLF) | $25.47 Billion | 0.89% | 14.63x | $35.40 Billion |
| Alm. Brand A/S (ABDBY) | $13.40 Billion | 5.80% | 1.64x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $32.40 Billion |
| ageas SA/NV (AGESF) | $8.80 Billion | 12.71% | 10.19x | $10.79 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $41.13 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| AXA SA (AXAHF) | $52.40 Billion | 13.72% | 11.30x | $66.04 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |