Unum Group
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, suc… Read more
Unum Group (UNM) - Net Assets
Latest net assets as of September 2025: $10.91 Billion USD
Based on the latest financial reports, Unum Group (UNM) has net assets worth $10.91 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.68 Billion) and total liabilities ($52.77 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 | $10.91 Billion |
| % of Total Assets | 17.13% |
| Annual Growth Rate | 0.45% |
| 5-Year Change | 0.83% |
| 10-Year Change | 26.51% |
| Growth Volatility | 24.71 |
Unum Group - Net Assets Trend (1990–2024)
This chart illustrates how Unum Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Unum Group (1990–2024)
The table below shows the annual net assets of Unum Group from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.96 Billion | +13.57% |
| 2023-12-31 | $9.65 Billion | +10.49% |
| 2022-12-31 | $8.73 Billion | -23.49% |
| 2021-12-31 | $11.42 Billion | +5.02% |
| 2020-12-31 | $10.87 Billion | +9.09% |
| 2019-12-31 | $9.96 Billion | +15.58% |
| 2018-12-31 | $8.62 Billion | -9.95% |
| 2017-12-31 | $9.57 Billion | +6.77% |
| 2016-12-31 | $8.97 Billion | +3.51% |
| 2015-12-31 | $8.66 Billion | +1.67% |
| 2014-12-31 | $8.52 Billion | -1.58% |
| 2013-12-31 | $8.66 Billion | +0.54% |
| 2012-12-31 | $8.61 Billion | +5.42% |
| 2011-12-31 | $8.17 Billion | -8.66% |
| 2010-12-31 | $8.94 Billion | +0.00% |
| 2010-11-19 | $8.94 Billion | +5.22% |
| 2009-12-31 | $8.50 Billion | +32.86% |
| 2008-12-31 | $6.40 Billion | -20.42% |
| 2007-12-31 | $8.04 Billion | +4.16% |
| 2006-12-31 | $7.72 Billion | +4.82% |
| 2005-12-31 | $7.36 Billion | +1.94% |
| 2004-12-31 | $7.22 Billion | -0.65% |
| 2003-12-31 | $7.27 Billion | +1.79% |
| 2002-12-31 | $7.14 Billion | +14.48% |
| 2001-12-31 | $6.24 Billion | +6.20% |
| 2000-12-31 | $5.88 Billion | +11.23% |
| 1999-12-31 | $5.28 Billion | +54.97% |
| 1998-12-31 | $3.41 Billion | +3.94% |
| 1997-12-31 | $3.28 Billion | +88.62% |
| 1996-12-31 | $1.74 Billion | -87.76% |
| 1995-12-31 | $14.20 Billion | +11.86% |
| 1994-12-31 | $12.70 Billion | +4.10% |
| 1993-12-31 | $12.20 Billion | +10.54% |
| 1992-12-31 | $11.04 Billion | +5.37% |
| 1991-12-31 | $10.47 Billion | +11.44% |
| 1990-12-31 | $9.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Unum Group'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 14459.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.91 Billion | 117.82% |
| Common Stock | $19.50 Million | 0.18% |
| Other Comprehensive Income | $-2.52 Billion | -23.02% |
| Other Components | $551.30 Million | 5.03% |
| Total Equity | $10.96 Billion | 100.00% |
Unum Group Competitors by Market Cap
The table below lists competitors of Unum Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WEG S.A
SA:WEGE3
|
$11.28 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
F:SAJA
|
$11.28 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
$11.30 Billion |
|
AP Moeller - Maersk A/S A
PINK:AMKAF
|
$11.30 Billion |
|
LG Chemicals
KO:051910
|
$11.26 Billion |
|
Dino Polska S.A.
PINK:DNOPF
|
$11.25 Billion |
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
$11.25 Billion |
|
Essential Utilities Inc
NYSE:WTRG
|
$11.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unum Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,651,400,000 to 10,961,100,000, a change of 1,309,700,000 (13.6%).
- Net income of 1,779,100,000 contributed positively to equity growth.
- Dividend payments of 296,500,000 reduced retained earnings.
- Share repurchases of 972,900,000 reduced equity.
- New share issuances of 6,000,000 increased equity.
- Other comprehensive income increased equity by 784,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.78 Billion | +16.23% |
| Dividends Paid | $296.50 Million | -2.71% |
| Share Repurchases | $972.90 Million | -8.88% |
| Share Issuances | $6.00 Million | +0.05% |
| Other Comprehensive Income | $784.30 Million | +7.16% |
| Other Changes | $9.70 Million | +0.09% |
| Total Change | $- | 13.57% |
Book Value vs Market Value Analysis
This analysis compares Unum Group'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: 1.29x
- 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 136.79x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.55 | $75.19 | x |
| 1986-12-31 | $6.62 | $75.19 | x |
| 1987-12-31 | $6.89 | $75.19 | x |
| 1988-12-31 | $7.57 | $75.19 | x |
| 1989-12-31 | $7.57 | $75.19 | x |
| 1990-12-31 | $9.01 | $75.19 | x |
| 1991-12-31 | $11.02 | $75.19 | x |
| 1992-12-31 | $12.54 | $75.19 | x |
| 1993-12-31 | $13.18 | $75.19 | x |
| 1994-12-31 | $12.88 | $75.19 | x |
| 1995-12-31 | $15.73 | $75.19 | x |
| 1996-12-31 | $11.76 | $75.19 | x |
| 1997-12-31 | $22.86 | $75.19 | x |
| 1998-12-31 | $24.13 | $75.19 | x |
| 1999-12-31 | $20.97 | $75.19 | x |
| 2000-12-31 | $22.97 | $75.19 | x |
| 2001-12-31 | $24.26 | $75.19 | x |
| 2002-12-31 | $28.11 | $75.19 | x |
| 2003-12-31 | $27.82 | $75.19 | x |
| 2004-12-31 | $24.56 | $75.19 | x |
| 2005-12-31 | $23.51 | $75.19 | x |
| 2006-12-31 | $23.10 | $75.19 | x |
| 2007-12-31 | $22.60 | $75.19 | x |
| 2008-12-31 | $18.73 | $75.19 | x |
| 2009-12-31 | $25.59 | $75.19 | x |
| 2010-12-31 | $27.33 | $75.19 | x |
| 2011-12-31 | $26.91 | $75.19 | x |
| 2012-12-31 | $30.57 | $75.19 | x |
| 2013-12-31 | $32.57 | $75.19 | x |
| 2014-12-31 | $33.27 | $75.19 | x |
| 2015-12-31 | $34.95 | $75.19 | x |
| 2016-12-31 | $38.00 | $75.19 | x |
| 2017-12-31 | $42.12 | $75.19 | x |
| 2018-12-31 | $39.17 | $75.19 | x |
| 2019-12-31 | $47.49 | $75.19 | x |
| 2020-12-31 | $53.35 | $75.19 | x |
| 2021-12-31 | $55.73 | $75.19 | x |
| 2022-12-31 | $43.22 | $75.19 | x |
| 2023-12-31 | $48.84 | $75.19 | x |
| 2024-12-31 | $58.28 | $75.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unum Group 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): 16.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.91%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 5.69x
- Recent ROE (16.23%) is above the historical average (12.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 123.71% | 6.56% | 0.31x | 59.86x | $107.91 Million |
| 1986 | 7.55% | 4.78% | 0.30x | 5.19x | $-32.76 Million |
| 1987 | 6.38% | 4.05% | 0.28x | 5.54x | $-48.12 Million |
| 1988 | 9.91% | 6.12% | 0.27x | 5.98x | $-1.21 Million |
| 1989 | 12.81% | 8.03% | 0.23x | 7.05x | $34.07 Million |
| 1990 | 14.98% | 8.53% | 0.23x | 7.69x | $61.53 Million |
| 1991 | 13.97% | 8.47% | 0.23x | 7.27x | $58.25 Million |
| 1992 | 14.75% | 9.42% | 0.24x | 6.65x | $80.15 Million |
| 1993 | 14.26% | 8.83% | 0.27x | 5.91x | $89.63 Million |
| 1994 | 8.08% | 4.27% | 0.28x | 6.85x | $-36.84 Million |
| 1995 | 12.21% | 6.82% | 0.28x | 6.42x | $50.81 Million |
| 1996 | 13.69% | 5.85% | 0.27x | 8.62x | $64.14 Million |
| 1997 | 18.83% | 8.04% | 0.33x | 7.07x | $289.67 Million |
| 1998 | 18.11% | 7.25% | 0.37x | 6.77x | $276.55 Million |
| 1999 | -3.67% | -1.96% | 0.24x | 7.72x | $-681.12 Million |
| 2000 | 9.67% | 5.94% | 0.22x | 7.24x | $-18.65 Million |
| 2001 | 9.11% | 6.01% | 0.21x | 7.15x | $-52.79 Million |
| 2002 | 5.86% | 4.42% | 0.20x | 6.61x | $-283.12 Million |
| 2003 | -5.31% | -3.94% | 0.20x | 6.84x | $-1.11 Billion |
| 2004 | -3.50% | -2.42% | 0.21x | 7.04x | $-975.41 Million |
| 2005 | 6.97% | 4.92% | 0.20x | 7.08x | $-222.79 Million |
| 2006 | 5.32% | 3.90% | 0.20x | 6.88x | $-360.88 Million |
| 2007 | 8.45% | 6.46% | 0.20x | 6.54x | $-124.69 Million |
| 2008 | 8.65% | 5.54% | 0.20x | 7.72x | $-86.59 Million |
| 2009 | 10.03% | 8.45% | 0.18x | 6.48x | $2.59 Million |
| 2010 | 9.91% | 8.69% | 0.18x | 6.41x | $-8.34 Million |
| 2010 | 9.82% | 8.62% | 0.18x | 6.46x | $-15.74 Million |
| 2011 | 3.48% | 2.77% | 0.17x | 7.37x | $-532.77 Million |
| 2012 | 10.38% | 8.51% | 0.17x | 7.31x | $33.14 Million |
| 2013 | 9.78% | 8.17% | 0.17x | 7.01x | $-18.91 Million |
| 2014 | 4.72% | 3.82% | 0.16x | 7.58x | $-450.09 Million |
| 2015 | 10.01% | 8.08% | 0.17x | 7.14x | $710.00K |
| 2016 | 10.39% | 8.43% | 0.17x | 7.09x | $34.60 Million |
| 2017 | 10.38% | 8.81% | 0.17x | 6.80x | $36.71 Million |
| 2018 | 6.07% | 4.51% | 0.19x | 7.26x | $-338.78 Million |
| 2019 | 11.04% | 9.17% | 0.18x | 6.86x | $103.80 Million |
| 2020 | 7.29% | 6.03% | 0.19x | 6.50x | $-294.10 Million |
| 2021 | 8.59% | 8.29% | 0.17x | 6.14x | $-160.64 Million |
| 2022 | 16.11% | 11.85% | 0.19x | 7.04x | $533.70 Million |
| 2023 | 13.30% | 10.43% | 0.19x | 6.55x | $318.66 Million |
| 2024 | 16.23% | 13.91% | 0.21x | 5.69x | $682.99 Million |
Industry Comparison
This section compares Unum Group's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unum Group (UNM) | $10.91 Billion | 123.71% | 4.84x | $11.27 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |